Commercial paper borrowings outstanding
Cummins Commercial paper borrowings outstanding decreased by 1.1% to $349M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 79.9%, from $1.74B to $349M. Over 5 years (FY 2020 to FY 2025), Commercial paper borrowings outstanding shows relatively stable performance with a 1.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests a higher reliance on short-term financing, while a decrease indicates improved internal cash generation or debt repayment.
Detailed definition
Commercial paper represents short-term, unsecured promissory notes issued by the company to meet immediate working capit...
Peer comparison
Commonly used by large, creditworthy industrial firms to manage seasonal fluctuations in working capital.
other_commercial_paperHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $200M | $200M | $313M | $311M | $705M | $2.39B | $2.57B | $2.55B | $1.62B | $1.71B | $1.5B | $609M | $1.58B | $1.64B | $1.26B | $1.74B | $353M | $353M | $353M | $349M |
| QoQ Change | — | +0.0% | +56.5% | -0.6% | +126.7% | +239.4% | +7.6% | -1.1% | -36.5% | +5.8% | -12.5% | -59.3% | +159.6% | +3.5% | -23.0% | +38.2% | -79.7% | +0.0% | +0.0% | -1.1% |
| YoY Change | — | — | — | — | +252.5% | >999% | +722.4% | +718.3% | +129.4% | -28.5% | -41.9% | -76.1% | -2.2% | -4.3% | -15.8% | +185.7% | -77.7% | -78.4% | -72.0% | -79.9% |
Commercial paper borrowings outstanding at Other Companies
Frequently Asked Questions
- What is Cummins's commercial paper borrowings outstanding?
- Cummins (CMI) reported commercial paper borrowings outstanding of $349M in Q1 2026.
- How has Cummins's commercial paper borrowings outstanding changed year-over-year?
- Cummins's commercial paper borrowings outstanding decreased by 79.9% year-over-year, from $1.74B to $349M.
- What is the long-term trend for Cummins's commercial paper borrowings outstanding?
- Over 5 years (2020 to 2025), Cummins's commercial paper borrowings outstanding has grown at a 1.8% compound annual growth rate (CAGR), from $323M to $353M.
- What does commercial paper borrowings outstanding mean?
- Short-term debt used by the company to cover immediate cash needs.