CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Millions |
Total |
Cumulative Effect, Period of Adoption, Adjustment |
Common Stock |
Additional Paid-in Capital |
Retained Earnings |
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
|
Treasury Stock |
Common Stock Held in Trust |
Accumulated Other Comprehensive Loss |
Total Cummins Inc. Shareholders' Equity |
Total Cummins Inc. Shareholders' Equity
Cumulative Effect, Period of Adoption, Adjustment
|
Noncontrolling Interests |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Statement of Stockholders' Equity [Abstract] | ||||||||||||
| CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) | $ 1.311 | |||||||||||
| BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2019 | $ 8,465 | $ (4) | $ 556 | $ 1,790 | $ 14,416 | $ (4) | $ (7,225) | $ (2) | $ (2,028) | $ 7,507 | $ (4) | $ 958 |
| Increase (Decrease) in Shareholders' Equity | ||||||||||||
| CONSOLIDATED NET INCOME | 528 | 511 | 511 | 17 | ||||||||
| Other comprehensive income, net of tax (Note 11) | (239) | (222) | (222) | (17) | ||||||||
| Issuance of common stock | 9 | 9 | 9 | |||||||||
| Employee benefits trust activity | 18 | 17 | 1 | 18 | ||||||||
| Repurchases of common stock | (550) | (550) | (550) | |||||||||
| Cash dividends on common stock | (195) | (195) | (195) | |||||||||
| Distributions to noncontrolling interests | (13) | (13) | ||||||||||
| Share-based awards | 13 | (18) | 31 | 13 | ||||||||
| Other shareholder transactions | (14) | (19) | (19) | 5 | ||||||||
| BALANCE AT END OF PERIOD at Mar. 29, 2020 | $ 8,018 | 556 | 1,779 | 14,728 | (7,744) | (1) | (2,250) | 7,068 | 950 | |||
| Statement of Stockholders' Equity [Abstract] | ||||||||||||
| CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) | $ 1.35 | |||||||||||
| BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2020 | $ 8,989 | 556 | 1,848 | 15,419 | (7,779) | 0 | (1,982) | 8,062 | 927 | |||
| Increase (Decrease) in Shareholders' Equity | ||||||||||||
| CONSOLIDATED NET INCOME | 611 | 603 | 603 | 8 | ||||||||
| Other comprehensive income, net of tax (Note 11) | 45 | 45 | 45 | 0 | ||||||||
| Repurchases of common stock | (418) | (418) | (418) | |||||||||
| Cash dividends on common stock | (197) | (197) | (197) | |||||||||
| Distributions to noncontrolling interests | (13) | (13) | ||||||||||
| Share-based awards | 18 | (6) | 24 | 18 | ||||||||
| Other shareholder transactions | (4) | (5) | 1 | (4) | 0 | |||||||
| BALANCE AT END OF PERIOD at Apr. 04, 2021 | $ 9,031 | $ 556 | $ 1,837 | $ 15,825 | $ (8,172) | $ 0 | $ (1,937) | $ 8,109 | $ 922 |
| X | ||||||||||
- Definition Amount of increase (decrease) to additional paid-in capital (APIC) for recognition and exercise of award under share-based payment arrangement. No definition available.
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| X | ||||||||||
- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of paid and unpaid common stock dividends declared with the form of settlement in cash. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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| X | ||||||||||
- Definition Decrease in noncontrolling interest balance from payment of dividends or other distributions by the non-wholly owned subsidiary or partially owned entity, included in the consolidation of the parent entity, to the noncontrolling interest holders. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
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- Definition Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Value of shares of stock issued attributable to transactions classified as other. No definition available.
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| X | ||||||||||
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition This element represents movements included in the statement of changes in stockholders' equity which are not separately disclosed or provided for elsewhere in the taxonomy. No definition available.
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| X | ||||||||||
- Definition Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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