Other
Cummins·Balance Sheet Statement·48 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Long-term debt, gross | $7.5B | $7.6B | $7.1B | $7.5B | $8.1B | $7.6B | $7.6B | $7.7B |
| Fair value of long-term debt | $7.1B | $7.4B | $6.7B | $7.1B | $7.8B | $7.4B | $7.3B | $7.4B |
| Accounts Receivable, after Allowance for Credit Loss | $5.6B | $5.4B | $5.2B | $5.7B | $5.9B | $5.6B | $5.8B | $6.5B |
| Committed Revolving Credit Facilities | $4B | $4B | — | $4B | $4B | $4B | — | $4B |
| Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied | $2.9B | $3.8B | — | $5.8B | $5.8B | $6B | — | $4B |
| Line of Credit Remaining Borrowing Capacity | $2.4B | $2.4B | — | $2.3B | $3.6B | $3.6B | — | $3.7B |
| Work-in-process and raw materials | $3.1B | $3.4B | $3.1B | $3.4B | $3.4B | $3.3B | $3B | $3.1B |
| Standard and Extended Product Warranty Accrual | $2.6B | $2.6B | $2.6B | $2.7B | $2.7B | $2.7B | $2.8B | $2.8B |
| Contract with Customer, Liability | $2.4B | $2.3B | $2.4B | $2.6B | $2.7B | $2.7B | $2.7B | $2.6B |
| Other accrued liabilities | $866M | $761M | $940M | $788M | $899M | $904M | $968M | $1B |
| Noncontrolling interests in subsidiaries | $1B | $1B | $1B | $1B | $1.1B | $1B | $1.1B | $1B |
| Long-term portion of accrued product warranty | $857M | $847M | $843M | $839M | $865M | $867M | $887M | $911M |
| 2030 | $288M | $290M | — | $534M | $536M | $537M | — | $863M |
| 2028 | $61M | $66M | — | $106M | $114M | $128M | — | $617M |
| Other long-term liabilities | $657M | $655M | $619M | $625M | $641M | $623M | $610M | $599M |
| Supply Chain Financing, Program Maximum | $538M | $551M | — | $551M | $558M | $569M | — | $564M |
| 2029 | $97M | $100M | — | $293M | $595M | $607M | — | $540M |
| Common stock, shares authorized (in shares) | 500M | 500M | 500M | 500M | 500M | 500M | 500M | 500M |
| Unrecorded Unconditional Purchase Obligation | $584M | $533M | — | $677M | $635M | $572M | — | $462M |
| Future pension and postretirement benefit obligations | $492M | $488M | $503M | $500M | $498M | $498M | $443M | $443M |
| Cash surrender value of life insurance policies | $419M | $446M | $423M | $429M | $438M | $452M | $454M | $425M |
| Deferred Income Taxes and Other Tax Liabilities, Noncurrent | $351M | $386M | $389M | $395M | $405M | $379M | $388M | $381M |
| Commercial paper borrowings outstanding | $1.6B | $1.6B | $1.3B | $1.7B | $353M | $353M | $353M | $349M |
| Unbilled revenue | $328M | $346M | $403M | $423M | $409M | $444M | $439M | $323M |
| Other taxes payable | $236M | $217M | $249M | $242M | $262M | $273M | $318M | $271M |
| Guarantor obligations, current carrying value | $220M | $252M | — | $260M | $270M | $270M | — | $262M |
| Common stock, shares issued (in shares) | 222.5M | 222.5M | 222.5M | 222.5M | 222.5M | 222.5M | 222.5M | 222.5M |
| Inventory, LIFO Reserve | $223M | $221M | $219M | $213M | $231M | $240M | $256M | $217M |
| Deferred Compensation Liability, Classified, Noncurrent | $188M | $187M | $193M | $179M | $182M | $181M | $210M | $200M |
| Other (including finance leases) | $186M | $165M | $160M | $149M | $167M | $184M | $175M | $182M |
| Supplier finance program, obligation | $212M | $154M | $142M | $164M | $153M | $139M | $153M | $157M |
| 2027 | $755M | $661M | — | $72M | $82M | $95M | — | $139M |
| Liability, Other Postretirement Defined Benefit Plan | $122M | $120M | $104M | $104M | $103M | $104M | $94M | $94M |
| Less: net unamortized discount | $95M | $92M | $89M | $82M | $95M | $93M | $91M | $89M |
| Treasury stock, shares (in shares) | 85.5M | 85.4M | 85.1M | 84.8M | 84.7M | 84.5M | 84.4M | 84.5M |
| Remainder of 2026 | $86M | $60M | — | $649M | $594M | $71M | — | $83M |
| Long-term derivative liabilities | $120M | $81M | $89M | $80M | $78M | $63M | $72M | $78M |
| Derivative, Net Liability Position, Aggregate Fair Value | $133M | $88M | $131M | $86M | $57M | $55M | $69M | $63M |
| Guarantor Obligations - Maximum Exposure | $49M | $52M | — | $45M | $50M | $55M | — | $46M |
| Value of financial guarantee (up to) | $49M | $52M | — | $45M | $50M | $55M | — | $46M |
| Derivative Assets Liabilities At Fair Value Net | $17M | $31M | $37M | $19M | $28M | $24M | $20M | $35M |
| Purchase Obligation | $67M | $31M | — | $41M | $48M | $34M | — | $35M |
| Cumulative Cost Basis | $13M | $15M | $41M | $41M | $41M | $35M | $34M | $19M |
| Total | $13M | $15M | $41M | $41M | $41M | $35M | $34M | $19M |
| Available for sale investments | $13M | $15M | $41M | $41M | $41M | $36M | $34M | $19M |
| Common stock, par value (in dollars per share) | $2.50 | $2.50 | $2.50 | $2.50 | $2.50 | $2.50 | $2.50 | $2.50 |
| Gross Unrealized Gains | $0 | $0 | $0 | $0 | $0 | $1M | $0 | $0 |