Cummins Inc. Quarterly report [Sections 13 or 15(d)]

ACCUMULATED OTHER COMPREHENSIVE LOSS

6 Months Ended

Jun. 30, 2026

NOTE 12. ACCUMULATED OTHER COMPREHENSIVE LOSS

Following are the changes in accumulated other comprehensive (loss) income by component for the three and six months ended:



	Three months ended
In millions	Change in pension and OPEB plans		Foreign currency translation adjustment		Unrealized gain (loss) on derivatives		Total attributable to Cummins Inc.		Noncontrolling interests		Total
Balance at March 31, 2026	$	(927)	$	(1,541)	$	91	$	(2,377)
Other comprehensive (loss) income before reclassifications
Before-tax amount	(1)		18		13		30		$	2	$	32
Tax benefit (expense)	—		3		(3)		—		—		—
After-tax amount	(1)		21		10		30		2		32
Amounts reclassified from accumulated other comprehensive income (loss) (1)	9		—		(2)		7		—		7

Net current period other comprehensive income	8		21		8		37		$	2	$	39
Balance at June 30, 2026	$	(919)	$	(1,520)	$	99	$	(2,340)

Balance at March 31, 2025	$	(870)	$	(1,602)	$	106	$	(2,366)
Other comprehensive income (loss) before reclassifications
Before-tax amount	—		173		3		176		$	2	$	178
Tax benefit (expense)	—		22		(1)		21		—		21
After-tax amount	—		195		2		197		2		199
Amounts reclassified from accumulated other comprehensive income (loss) (1)	7		—		(5)		2		—		2
Net current period other comprehensive income (loss)	7		195		(3)		199		$	2	$	201
Balance at June 30, 2025	$	(863)	$	(1,407)	$	103	$	(2,167)

(1) Amounts are net of tax. Reclassifications out of accumulated other comprehensive (loss) income and the related tax effects are immaterial for separate disclosure.


	Six months ended
In millions	Change in pension and OPEB plans		Foreign currency translation adjustment		Unrealized gain (loss) on derivatives		Total attributable to Cummins Inc.		Noncontrolling interests		Total
Balance at December 31, 2025	$	(912)	$	(1,460)	$	94	$	(2,278)
Other comprehensive (loss) income before reclassifications
Before-tax amount	(32)		(58)		10		(80)		$	(26)	$	(106)
Tax benefit (expense)	7		(2)		(2)		3		—		3
After-tax amount	(25)		(60)		8		(77)		(26)		(103)
Amounts reclassified from accumulated other comprehensive income (loss) (1)	18		—		(3)		15		—		15
Net current period other comprehensive (loss) income	(7)		(60)		5		(62)		$	(26)	$	(88)
Balance at June 30, 2026	$	(919)	$	(1,520)	$	99	$	(2,340)

Balance at December 31, 2024	$	(843)	$	(1,717)	$	115	$	(2,445)
Other comprehensive (loss) income before reclassifications
Before-tax amount	(44)		277		1		234		$	4	$	238
Tax benefit	10		33		—		43		—		43
After-tax amount	(34)		310		1		277		4		281
Amounts reclassified from accumulated other comprehensive income (loss) (1)	14		—		(13)		1		—		1
Net current period other comprehensive (loss) income	(20)		310		(12)		278		$	4	$	282
Balance at June 30, 2025	$	(863)	$	(1,407)	$	103	$	(2,167)















(1) Amounts are net of tax. Reclassifications out of accumulated other comprehensive (loss) income and the related tax effects are immaterial for separate disclosure.