Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
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) $ 1.35              
BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2020 $ 8,989 $ 556 $ 1,848 $ 15,419 $ (7,779) $ (1,982) $ 8,062 $ 927
Increase (Decrease) in Shareholders' Equity                
CONSOLIDATED NET INCOME 611     603     603 8
Other comprehensive income (loss), net of tax (Note 13) 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)  
BALANCE AT END OF PERIOD at Apr. 04, 2021 $ 9,031 556 1,837 15,825 (8,172) (1,937) 8,109 922
Statement of Stockholders' Equity [Abstract]                
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 1.45              
BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2021 $ 9,401 556 1,871 16,741 (9,123) (1,571) 8,474 927
Increase (Decrease) in Shareholders' Equity                
CONSOLIDATED NET INCOME 423     418     418 5
Other comprehensive income (loss), net of tax (Note 13) 48         56 56 (8)
Repurchases of common stock (311)     (311) (311)  
Cash dividends on common stock (207)     (207)     (207)  
Distributions to noncontrolling interests (14)             (14)
Share-based awards 9   (9)   18 9  
Other shareholder transactions 14   (7)   4   (3) 17
BALANCE AT END OF PERIOD at Mar. 31, 2022 $ 9,363 $ 556 $ 1,855 $ 16,952 $ (9,412) $ (1,515) $ 8,436 $ 927