Quarterly report pursuant to Section 13 or 15(d)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details)

v3.23.3
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Balance at the beginning of the period     $ (1,890)  
Before tax amount $ (126) $ (329) (159) $ (467)
Tax (expense) benefit (11) (12) (3) (31)
After tax amount (137) (341) (162) (498)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax (4) 9 (5) 18
Net current period other comprehensive (loss) income (141) (332) (167) (480)
Balance at the end of the period (2,051)   (2,051)  
Change in pension and OPEB plans        
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Balance at the beginning of the period (434) (324) (427) (346)
Before tax amount 1 0 (12) 14
Tax (expense) benefit 0 0 2 (3)
After tax amount 1 0 (10) 11
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 2 6 6 17
Net current period other comprehensive (loss) income 3 6 (4) 28
Balance at the end of the period (431) (318) (431) (318)
Foreign currency translation adjustment        
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Balance at the beginning of the period (1,581) (1,426) (1,552) (1,208)
Before tax amount (154) (365) (190) (589)
Tax (expense) benefit (2) 1 5 7
After tax amount (156) (364) (185) (582)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 0 0 0 0
Net current period other comprehensive (loss) income (156) (364) (185) (582)
Balance at the end of the period (1,737) (1,790) (1,737) (1,790)
Unrealized gain (loss) on derivatives        
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Balance at the beginning of the period 98 54 89 (17)
Before tax amount 34 51 49 146
Tax (expense) benefit (9) (13) (10) (35)
After tax amount 25 38 39 111
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax (6) 3 (11) 1
Net current period other comprehensive (loss) income 19 41 28 112
Balance at the end of the period 117 95 117 95
Total attributable to Cummins Inc.        
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Balance at the beginning of the period (1,917) (1,696) (1,890) (1,571)
Before tax amount (119) (314) (153) (429)
Tax (expense) benefit (11) (12) (3) (31)
After tax amount (130) (326) (156) (460)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax (4) 9 (5) 18
Net current period other comprehensive (loss) income (134) (317) (161) (442)
Balance at the end of the period (2,051) (2,013) (2,051) (2,013)
Noncontrolling interests        
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Before tax amount (7) (15) (6) (38)
Tax (expense) benefit 0 0 0 0
After tax amount (7) (15) (6) (38)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 0 0 0  
Net current period other comprehensive (loss) income $ (7) $ (15) $ (6) $ (38)