Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Redeemable Noncontrolling Interest
Common Stock
Additional paid-in Capital
Retained Earnings
Treasury Stock, Common
Accumulated Other Comprehensive Loss
Total Cummins Inc. Shareholders' Equity
Noncontrolling interests
us-gaap_NetIncomeinTotalEquityexcludingNoncontrollingInterestAmount
Increase (Decrease) in Shareholders' Equity                    
Redeemable Noncontrolling Interest, Equity, Carrying Amount   $ 258                
BALANCE, AT THE BEGINNING OF THE PERIOD at Dec. 31, 2022 $ 9,967   $ 556 $ 1,687 $ 18,037 $ (9,415) $ (1,890) $ 8,975 $ 992  
Increase (Decrease) in Shareholders' Equity                    
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest   (20)                
Net income 840       735     735 125 $ 860
Other Comprehensive Income, Other, Net of Tax (319)           (316) (316) (3)  
Issuance of common stock 3     3       3    
Cash dividends on common stock (Note 15) (921)       (921)     (921)    
Distributions to noncontrolling interests (57)               (57)  
Share-based awards 48     (4)   52   48    
Fair value adjustment of redeemable noncontrolling interests (33) 33   (33)       (33)    
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests   (271)                
Impact on equity from initial public offering of subsidiary 282     285       285 (3)  
Other shareholder transactions 74     70   4   74 0  
BALANCE, AT THE END OF THE 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                    
Redeemable Noncontrolling Interest, Equity, Carrying Amount   0                
Net income 4,068       3,946     3,946 122 4,068
Other Comprehensive Income, Other, Net of Tax (316)           (300) (300) (16)  
Issuance of common stock 7     7       7    
Cash dividends on common stock (Note 15) (969)       (969)     (969)    
Distributions to noncontrolling interests (71)               (71)  
Share-based awards 133     (7)   140   133    
Impact on equity from divestiture of subsidiary (1,490)         (1,532) 61 (1,471) (19)  
Other shareholder transactions 42     72   3   75 (33)  
BALANCE, AT THE END OF THE 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                    
Redeemable Noncontrolling Interest, Equity, Carrying Amount   0                
Net income 2,957       2,843     2,843 114 $ 2,957
Other Comprehensive Income, Other, Net of Tax 154           167 167 (13)  
Issuance of common stock 2     2       2    
Cash dividends on common stock (Note 15) (1,055)       (1,055)     (1,055)    
Distributions to noncontrolling interests (86)               (86)  
Share-based awards 69     (12)   81   69    
Other shareholder transactions 59     47   5   52 7  
BALANCE, AT THE END OF THE PERIOD at Dec. 31, 2025 $ 13,408   $ 556 $ 2,117 $ 22,616 $ (10,662) $ (2,278) $ 12,349 $ 1,059  
Increase (Decrease) in Shareholders' Equity                    
Redeemable Noncontrolling Interest, Equity, Carrying Amount   $ 0