Cummins Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- DOCUMENT COVER Document
Financial Statements
Notes to Financial Statements
Notes Tables
Notes Details

MARKETABLE SECURITIES (Details)

v3.23.1

MARKETABLE SECURITIES (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
MARKETABLE SECURITIES (Details) - USD ($) $ in Millions	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Schedule of Available-for-sale Securities
Debt Securities, Available-for-sale, Amortized Cost	$ 1		$ 2
Debt Securities, Available for sale, Unrealized Gain (Loss)	1		0
Debt Securities, Available-for-sale	2		2
Debt Securities, Trading, and Equity Securities, FV-NI, Cost	464		474
Marketable Securities, Unrealized Gain / (Loss)	(5)		(2)
Marketable securities	459		472
Proceeds from Sale of Held-to-maturity Securities	276	$ 195
Proceeds from Maturity of Marketable Securities	69	59
Proceeds from sales and maturities of marketable securities	345	$ 254
Certificates of deposit
Schedule of Available-for-sale Securities
Equity Securities, cost	226		209
Equity Securities, Unrealized Gain (Loss)	0		0
Equity Securities, Fair Value	226		209
Debt Mutual Funds
Schedule of Available-for-sale Securities
Equity Securities, cost	206		238
Equity Securities, Unrealized Gain (Loss)	(4)		(5)
Equity Securities, Fair Value	202		233
Equity mutual funds
Schedule of Available-for-sale Securities
Equity Securities, cost	31		25
Equity Securities, Unrealized Gain (Loss)	(2)		3
Equity Securities, Fair Value	$ 29		$ 28
Minimum \| Certificates of deposit
Schedule of Available-for-sale Securities
Maturities of Time Deposits, Description	three months
Maximum \| Certificates of deposit
Schedule of Available-for-sale Securities
Maturities of Time Deposits, Description	five years

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