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)

v3.23.2

MARKETABLE SECURITIES (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
MARKETABLE SECURITIES (Details) - USD ($) $ in Millions	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Schedule of Available-for-sale Securities
Debt Securities, Available-for-sale, Amortized Cost			$ 2
Debt Securities, Available for sale, Unrealized Gain (Loss)	$ 0		0
Debt Securities, Available-for-sale			2
Debt Securities, Trading, and Equity Securities, FV-NI, Cost	515		474
Marketable Securities, Unrealized Gain / (Loss)	(3)		(2)
Marketable securities	512		472
Proceeds from Sale of Held-to-maturity Securities	509	$ 346
Proceeds from Maturity of Marketable Securities	111	115
Proceeds from sales and maturities of marketable securities	620	$ 461
Debt Mutual Funds
Schedule of Available-for-sale Securities
Equity Securities, cost	244		238
Equity Securities, Unrealized Gain (Loss)	(5)		(5)
Equity Securities, Fair Value	239		233
Certificates of deposit
Schedule of Available-for-sale Securities
Equity Securities, cost	242		209
Equity Securities, Unrealized Gain (Loss)	0		0
Equity Securities, Fair Value	242		209
Equity mutual funds
Schedule of Available-for-sale Securities
Equity Securities, cost	29		25
Equity Securities, Unrealized Gain (Loss)	2		3
Equity Securities, Fair Value	$ 31		$ 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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