Quarterly report pursuant to Section 13 or 15(d)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details)

v3.24.1.u1
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
AOCI Attributable to Parent, Net of Tax [Roll Forward]    
Balance at the beginning of the period $ (2,206)  
Before tax amount (118) $ 62
Tax (expense) benefit (4) 7
After tax amount (122) 69
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 61 1
Net current period other comprehensive (loss) income (61) 70
Balance at the end of the period (2,264)  
Change in pension and OPEB plans    
AOCI Attributable to Parent, Net of Tax [Roll Forward]    
Balance at the beginning of the period (848) (427)
Before tax amount (21) (13)
Tax (expense) benefit 3 2
After tax amount (18) (11)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 5 2
Net current period other comprehensive (loss) income (13) (9)
Balance at the end of the period (861) (436)
Foreign currency translation adjustment    
AOCI Attributable to Parent, Net of Tax [Roll Forward]    
Balance at the beginning of the period (1,457) (1,552)
Before tax amount (116) 75
Tax (expense) benefit (2) 4
After tax amount (118) 79
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 61 0
Net current period other comprehensive (loss) income (57) 79
Balance at the end of the period (1,514) (1,473)
Unrealized gain (loss) on derivatives    
AOCI Attributable to Parent, Net of Tax [Roll Forward]    
Balance at the beginning of the period 99 89
Before tax amount 22 (3)
Tax (expense) benefit (5) 1
After tax amount 17 (2)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax (5) (1)
Net current period other comprehensive (loss) income 12 (3)
Balance at the end of the period 111 86
Total attributable to Cummins Inc.    
AOCI Attributable to Parent, Net of Tax [Roll Forward]    
Balance at the beginning of the period (2,206) (1,890)
Before tax amount (115) 59
Tax (expense) benefit (4) 7
After tax amount (119) 66
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 61 1
Net current period other comprehensive (loss) income (58) 67
Balance at the end of the period (2,264) (1,823)
Noncontrolling interests    
AOCI Attributable to Parent, Net of Tax [Roll Forward]    
Before tax amount (3) 3
Tax (expense) benefit 0 0
After tax amount (3) 3
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 0 0
Net current period other comprehensive (loss) income $ (3) $ 3