Cummins Inc

Common Name
Cummins
Country
United States
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
69,600
Ticker
CMI
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Cummins Inc. is a leading multinational corporation specializing in the design, manufacturing, and distribution of advanced power solutions. Its primary focus is on diesel and natural gas engines, ele...

Financial Statements of Cummins

Below are the financial statements of Cummins, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in billions of USD20242023
Current assets
Cash and cash equivalents
1.67a
2.18a
Marketable securities
0.59a
0.56a
Total cash, cash equivalents and marketable securities
2.26a
2.74a
Accounts and notes receivable, net
5.18a
5.58a
Inventories
5.74a
5.68a
Prepaid expenses and other current assets
1.57a
1.2a
Total current assets
14.75a
15.2a
Long-term assets
Property, plant and equipment, net
6.36a
6.25a
Investments and advances related to equity method investees
1.89a
1.8a
Goodwill
2.37a
2.5a
Other intangible assets, net
2.35a
2.52a
Pension assets
1.19a
1.2a
Other assets
2.63a
2.54a
Total assets
31.54a
32.01a
Current liabilities
Accounts payable (principally trade)
3.95a
4.26a
Loans payable
0.36a
0.28a
Commercial paper
1.26a
1.5a
Current maturities of long-term debt
0.66a
0.12a
Accrued compensation, benefits and retirement costs
1.08a
1.11a
Current portion of accrued product warranty
0.68a
0.67a
Current portion of deferred revenue
1.35a
1.22a
Other accrued expenses
1.9a
3.75a
Total current liabilities
11.23a
12.9a
Long-term liabilities
Long-term debt
4.78a
4.8a
Deferred revenue
1.07a
0.97a
Other liabilities
3.15a
3.43a
Total liabilities
20.23a
22.1a
Cummins Inc. shareholders’ equity
Common stock
2.64a
2.56a
Retained earnings
20.83a
17.85a
Treasury stock, at cost
-10.75a
-9.36a
Accumulated other comprehensive loss
-2.45a
-2.21a
Total Cummins Inc. shareholders’ equity
10.27a
8.85a
Equity
Noncontrolling interests
1.04a
1.05a
Total equity
11.31a
9.9a
Total liabilities and equity
31.54a
32.01a

Verified Sources Behind Cummins’s Financial Fundamentals Data

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a. Cummins's Annual Report 2024
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