Quarterly report [Sections 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
Total Cummins Inc. Shareholders’ Equity
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Loss
Noncontrolling Interests
Beginning balance at Dec. 31, 2024 $ 11,308 $ 10,271 $ 556 $ 2,080 $ 20,828 $ (10,748) $ (2,445) $ 1,037
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2,337 2,250     2,250     87
Other comprehensive income (loss), net of tax (Note 12) 220 234         234 (14)
Issuance of common stock 2 2   2        
Cash dividends on common stock (778) (778)     (778)      
Distributions to noncontrolling interests (84)             (84)
Share-based awards 57 57   (10)   67    
Other shareholder transactions 36 28   23   5   8
Ending balance at Sep. 30, 2025 13,098 12,064 556 2,095 22,300 (10,676) (2,211) 1,034
Beginning balance at Jun. 30, 2025 12,873 11,789 556 2,068 22,040 (10,708) (2,167) 1,084
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 559 536     536     23
Other comprehensive income (loss), net of tax (Note 12) (62) (44)         (44) (18)
Issuance of common stock 1 1   1        
Cash dividends on common stock (276) (276)     (276)      
Distributions to noncontrolling interests (52)             (52)
Share-based awards 39 39   8   31    
Other shareholder transactions 16 19   18   1   (3)
Ending balance at Sep. 30, 2025 13,098 12,064 556 2,095 22,300 (10,676) (2,211) 1,034
Beginning balance at Dec. 31, 2025 13,408 12,349 556 2,117 22,616 (10,662) (2,278) 1,059
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2,817 2,726     2,726     91
Other comprehensive income (loss), net of tax (Note 12) (109) (77)         (77) (32)
Issuance of common stock 3 3   3        
Repurchases of common stock (833) (833)       (833)    
Cash dividends on common stock (854) (854)     (854)      
Distributions to noncontrolling interests (103)             (103)
Share-based awards 12 12   (28)   40    
Other shareholder transactions 5 5   1   4    
Ending balance at Sep. 30, 2026 14,346 13,331 556 2,093 24,488 (11,451) (2,355) 1,015
Beginning balance at Jun. 30, 2026 13,906 12,847 556 2,070 23,650 (11,089) (2,340) 1,059
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,169 1,140     1,140     29
Other comprehensive income (loss), net of tax (Note 12) (21) (15)         (15) (6)
Issuance of common stock 2 2   2        
Repurchases of common stock (365) (365)       (365)    
Cash dividends on common stock (302) (302)     (302)      
Distributions to noncontrolling interests (67)             (67)
Share-based awards 0 0   (1)   1    
Other shareholder transactions 24 24   22   2    
Ending balance at Sep. 30, 2026 $ 14,346 $ 13,331 $ 556 $ 2,093 $ 24,488 $ (11,451) $ (2,355) $ 1,015