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

Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 7) Related Party

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 7) Related Party - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Net sales	$ 34,102	$ 34,065	$ 28,074
Trade and other	5,181	5,583
Accounts payable (principally trade)	3,951	4,260
Related Party
Related Party Transaction [Line Items]
Net sales	1,392	1,548	1,197
Related Party Transaction, Purchases from Related Party	2,463	2,628	$ 1,838
Trade and other	432	530
Accounts payable (principally trade)	$ 281	$ 324

- Definition

Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

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+ Details