Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock, Common
Accumulated Other Comprehensive Loss
Total Cummins Inc. Shareholders' Equity
Noncontrolling Interests
Statement of Stockholders' Equity [Abstract]                
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 5.18              
BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2023 $ 9,904 $ 556 $ 2,008 $ 17,851 $ (9,359) $ (2,206) $ 8,850 $ 1,054
Increase (Decrease) in Shareholders' Equity                
CONSOLIDATED NET INCOME 3,623     3,528     3,528 95
Other Comprehensive Income, Other, Net of Tax (32)         (29) (29) (3)
Issuance of common stock 8   8       8 0
Cash dividends on common stock (719)     (719)     (719) 0
Distributions to noncontrolling interests (68)           0 (68)
Share-based awards 100   (6)   106   100 0
Other shareholder transactions 15   46   2   48 (33)
Divestiture of Atmus (Note 14) (1,490)       (1,532) 61 (1,471) (19)
BALANCE AT END OF PERIOD at Sep. 30, 2024 $ 11,341 556 2,056 20,660 (10,783) (2,174) 10,315 1,026
Statement of Stockholders' Equity [Abstract]                
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 1.82              
BALANCE AT BEGINNING OF PERIOD at Jun. 30, 2024 $ 10,576 556 2,026 20,101 (10,797) (2,335) 9,551 1,025
Increase (Decrease) in Shareholders' Equity                
CONSOLIDATED NET INCOME 843     809     809 34
Other Comprehensive Income, Other, Net of Tax 163         161 161 2
Issuance of common stock 7   7       7 0
Cash dividends on common stock (250)     (250)     (250) 0
Distributions to noncontrolling interests (35)           0 (35)
Share-based awards 15   2   13   15 0
Other shareholder transactions 22   21   1   22 0
BALANCE AT END OF PERIOD at Sep. 30, 2024 $ 11,341 556 2,056 20,660 (10,783) (2,174) 10,315 1,026
Statement of Stockholders' Equity [Abstract]                
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 5.64              
BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2024 $ 11,308 556 2,080 20,828 (10,748) (2,445) 10,271 1,037
Increase (Decrease) in Shareholders' Equity                
CONSOLIDATED NET INCOME 2,337     2,250     2,250 87
Other Comprehensive Income, Other, Net of Tax 220         234 234 (14)
Issuance of common stock 2   2       2 0
Cash dividends on common stock (778)     (778)     (778) 0
Distributions to noncontrolling interests (84)           0 (84)
Share-based awards 57   (10)   67   57 0
Other shareholder transactions 36   23   5   28 8
BALANCE AT END OF PERIOD at Sep. 30, 2025 $ 13,098 556 2,095 22,300 (10,676) (2,211) 12,064 1,034
Statement of Stockholders' Equity [Abstract]                
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 2.00              
BALANCE AT BEGINNING OF PERIOD at Jun. 30, 2025 $ 12,873 556 2,068 22,040 (10,708) (2,167) 11,789 1,084
Increase (Decrease) in Shareholders' Equity                
CONSOLIDATED NET INCOME 559     536     536 23
Other Comprehensive Income, Other, Net of Tax (62)         (44) (44) (18)
Issuance of common stock 1   1       1 0
Cash dividends on common stock (276)     (276)     (276) 0
Distributions to noncontrolling interests (52)           0 (52)
Share-based awards 39   8   31   39 0
Other shareholder transactions 16   18   1   19 (3)
BALANCE AT END OF PERIOD at Sep. 30, 2025 $ 13,098 $ 556 $ 2,095 $ 22,300 $ (10,676) $ (2,211) $ 12,064 $ 1,034