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

Annual report pursuant to Section 13 and 15(d)

Cover
- DOCUMENT COVER Document
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

MARKETABLE SECURITIES (Details)

v3.24.0.1

MARKETABLE SECURITIES (Details) - USD ($) $ in Millions	12 Months Ended
MARKETABLE SECURITIES (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Available-for-sale Securities
Debt Securities, Available-for-sale, Amortized Cost	$ 16	$ 2
Debt Securities, Available-for-sale, Unrealized Gain (Loss)	0	0
Debt Securities, Available-for-sale	16	2
Debt Securities, Trading, and Equity Securities, FV-NI, Cost	556	474
Marketable Securities, Unrealized Gain (Loss)	6	(2)
Marketable securities	562	472
Proceeds from Sale of Held-to-maturity Securities	1,075	750	$ 494
Proceeds from maturities of marketable securities	259	401	179
Proceeds from Sale and Maturity of Marketable Securities	1,334	1,151	$ 673
Debt mutual funds
Schedule of Available-for-sale Securities
Equity Securities, cost	272	238
Equity Securities, Unrealized Gain (Loss)	0	(5)
Equity Securities, Fair Value	272	233
Certificates of Deposit
Schedule of Available-for-sale Securities
Equity Securities, cost	246	209
Equity Securities, Unrealized Gain (Loss)	0	0
Equity Securities, Fair Value	246	209
Equity Mutual Funds
Schedule of Available-for-sale Securities
Equity Securities, cost	22	25
Equity Securities, Unrealized Gain (Loss)	6	3
Equity Securities, Fair Value	$ 28	$ 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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Amount, before tax, of unrealized gain in accumulated other comprehensive income (AOCI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

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