v3.26.1
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 1,778 1,714     1,714     64
Other comprehensive income, net of tax (Note 12) 282 278         278 4
Issuance of common stock 1 1   1        
Cash dividends on common stock (502) (502)     (502)      
Distributions to noncontrolling interests (32)             (32)
Share-based awards 18 18   (18)   36    
Other shareholder transactions 20 9   5   4   11
Ending balance at Jun. 30, 2025 12,873 11,789 556 2,068 22,040 (10,708) (2,167) 1,084
Beginning balance at Mar. 31, 2025 11,971 10,924 556 2,044 21,401 (10,711) (2,366) 1,047
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 928 890     890     38
Other comprehensive income, net of tax (Note 12) 201 199         199 2
Issuance of common stock 1 1   1        
Cash dividends on common stock (251) (251)     (251)      
Distributions to noncontrolling interests (1)             (1)
Share-based awards 2 2   1   1    
Other shareholder transactions 22 24   22   2   (2)
Ending balance at Jun. 30, 2025 12,873 11,789 556 2,068 22,040 (10,708) (2,167) 1,084
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 1,648 1,586     1,586     62
Other comprehensive income, net of tax (Note 12) (88) (62)         (62) (26)
Issuance of common stock 1 1   1        
Repurchases of common stock (468) (468)       (468)    
Cash dividends on common stock (552) (552)     (552)      
Distributions to noncontrolling interests (36)             (36)
Share-based awards 12 12   (27)   39    
Other shareholder transactions (19) (19)   (21)   2    
Ending balance at Jun. 30, 2026 13,906 12,847 556 2,070 23,650 (11,089) (2,340) 1,059
Beginning balance at Mar. 31, 2026 13,372 12,351 556 2,046 22,994 (10,868) (2,377) 1,021
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 968 932     932     36
Other comprehensive income, net of tax (Note 12) 39 37         37 2
Issuance of common stock 1 1   1        
Repurchases of common stock (225) (225)       (225)    
Cash dividends on common stock (276) (276)     (276)      
Share-based awards 4 4   1   3    
Other shareholder transactions 23 23   22   1    
Ending balance at Jun. 30, 2026 $ 13,906 $ 12,847 $ 556 $ 2,070 $ 23,650 $ (11,089) $ (2,340) $ 1,059