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
Redeemable Noncontrolling Interest
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock, Common
Accumulated Other Comprehensive Loss
Total Cummins Inc. Shareholders' Equity
Noncontrolling Interests
us-gaap_Net Income in Total Equity Excluding Noncontrolling Interest Amount
Statement of Stockholders' Equity [Abstract]                    
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 1.57                  
Redeemable noncontrolling interests at Dec. 31, 2022   $ 258                
BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2022 $ 9,967   $ 556 $ 1,687 $ 18,037 $ (9,415) $ (1,890) $ 8,975 $ 992  
Increase (Decrease) in Shareholders' Equity                    
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest   (8)                
CONSOLIDATED NET INCOME 806       790     790 24 $ 814
Other comprehensive income, net of tax (Note 12) 70           67 67 3  
Cash dividends on common stock (222)       (222)     (222)    
Distributions to noncontrolling interests (22)               (22)  
Share-based awards 20     (5)   25   20    
Fair value adjustment of redeemable noncontrolling interests (11) 11   (11)       (11)    
Other shareholder transactions 4     3   1   4    
Balance at End of Period Redeemable Noncontrolling Interest, Equity, Carrying Amount at Mar. 31, 2023   261                
BALANCE AT END OF PERIOD at Mar. 31, 2023 $ 10,620   556 1,674 18,605 (9,389) (1,823) 9,623 997  
Statement of Stockholders' Equity [Abstract]                    
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 1.68                  
Redeemable noncontrolling interests at Dec. 31, 2023   0                
BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2023 $ 9,904   556 2,008 17,851 (9,359) (2,206) 8,850 1,054  
Increase (Decrease) in Shareholders' Equity                    
CONSOLIDATED NET INCOME 2,028       1,993     1,993 35 $ 2,028
Other Comprehensive Income, Other, Net of Tax (122)           (119) (119) (3)  
Other comprehensive income, net of tax (Note 12) (61)             (58) (3)  
Cash dividends on common stock (239)       (239)     (239)    
Distributions to noncontrolling interests (33)               (33)  
Share-based awards 54     (6)   60   54    
Divestiture of Atmus (Note 14) (1,490)         (1,532) 61 (1,471) (19)  
Other shareholder transactions (1)     (1)       (1)    
Balance at End of Period Redeemable Noncontrolling Interest, Equity, Carrying Amount at Mar. 31, 2024   $ 0                
BALANCE AT END OF PERIOD at Mar. 31, 2024 $ 10,101   $ 556 $ 2,001 $ 19,605 $ (10,831) $ (2,264) $ 9,067 $ 1,034