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)

v3.24.1.u1

MARKETABLE SECURITIES (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
MARKETABLE SECURITIES (Details) - USD ($) $ in Millions	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Schedule of Available-for-sale Securities
Debt Securities, Available-for-sale, Amortized Cost	$ 13		$ 16
Debt Securities, Available for sale, Unrealized Gain (Loss)	0		0
Debt Securities, Available-for-sale	13		16
Debt Securities, Trading, and Equity Securities, FV-NI, Cost	504		556
Marketable Securities, Unrealized Gain / (Loss)	6		6
Marketable securities (Note 6)	510		562
Proceeds from Sale of Held-to-maturity Securities	426	$ 276
Proceeds from Maturity of Marketable Securities	5	69
Proceeds from sales and maturities of marketable securities	431	$ 345
Certificates of deposit
Schedule of Available-for-sale Securities
Equity Securities, cost	245		246
Equity Securities, Unrealized Gain (Loss)	0		0
Equity Securities, Fair Value	245		246
Debt Mutual Funds
Schedule of Available-for-sale Securities
Equity Securities, cost	225		272
Equity Securities, Unrealized Gain (Loss)	(1)		0
Equity Securities, Fair Value	224		272
Equity mutual funds
Schedule of Available-for-sale Securities
Equity Securities, cost	21		22
Equity Securities, Unrealized Gain (Loss)	7		6
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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