Cummins Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- DOCUMENT COVER Document
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details
Uncategorized
- Uncategorized Items - cmi-20201231.htm

SHAREHOLDERS' EQUITY (Details 1 ) Pref. Stock, Common Stock, Quarterly Dividends, Emp. Ben. Trust

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SHAREHOLDERS' EQUITY (Details 1 ) Pref. Stock, Common Stock, Quarterly Dividends, Emp. Ben. Trust - USD ($) $ / shares in Units, shares in Millions, $ in Millions				3 Months Ended												6 Months Ended	12 Months Ended
	Oct. 13, 2020	Jul. 10, 2019	Jul. 11, 2018	Dec. 31, 2020	Sep. 27, 2020	Jun. 28, 2020	Mar. 29, 2020	Dec. 31, 2019	Sep. 29, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jul. 01, 2018	Apr. 01, 2018	Dec. 31, 2018	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Class of Stock
Shares acquired (in shares)																3.5
Dividends Paid
Dividend payments on common stock (in dollars)																	$ 782	$ 761	$ 718
Cash dividend (in dollars per share)				$ 1.35	$ 1.311	$ 1.311	$ 1.311	$ 1.311	$ 1.311	$ 1.14	$ 1.14	$ 1.14	$ 1.14	$ 1.08	$ 1.08		$ 5.28	$ 4.90	$ 4.44
Preferred Stock
Class of Stock
Preferred Stock, Shares Authorized				1,000,000.0													1,000,000.0
Preference Stock
Class of Stock
Preferred Stock, Shares Authorized				1,000,000.0													1,000,000.0
Common Stock
Class of Stock
Balance at beginning of period (in shares)							222.4				222.4				222.4		222.4	222.4	222.4
Stock Issued During Period, Shares																	0.0	0.0	0.0
Balance at the end of the period (in shares)				222.4				222.4				222.4				222.4	222.4	222.4	222.4
Dividends Paid
Percentage increase in cash dividend per common share	3.00%	15.00%	5.60%
Treasury Stock, Common
Class of Stock
Balance at beginning of period (in shares)							71.7				64.4				56.7		71.7	64.4	56.7
Shares acquired (in shares)																	3.9	8.1	7.9
Stock Issued During Period, Shares																	(0.8)	(0.8)	(0.2)
Balance at the end of the period (in shares)				74.8				71.7				64.4				64.4	74.8	71.7	64.4
Common Stock Held in Trust
Class of Stock
Balance at beginning of period (in shares)							0.2				0.4				0.5		0.2	0.4	0.5
Stock Issued During Period, Shares																	(0.2)	(0.2)	(0.1)
Balance at the end of the period (in shares)				0.0				0.2				0.4				0.4	0.0	0.2	0.4
Dividends Paid
Share-based Payment Arrangement, Expense																	$ 2	$ 10	$ 12

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