Other

Commercial paper borrowings outstanding

Cummins Commercial paper borrowings outstanding remained flat by 0.0% to $353.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 72.0%, from $1.26B to $353.00M. 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

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalLower is better
VolatilityVolatile
First reportedQ4 2025
Last reportedQ1 2026

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.

Metric ID: other_commercial_paper

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$200.00M$200.00M$313.00M$311.00M$705.00M$2.39B$2.57B$2.55B$1.62B$1.71B$1.50B$609.00M$1.58B$1.64B$1.26B$1.74B$353.00M$353.00M$353.00M
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%
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%
Range$200.00M$2.57B
CAGR+13.5%
Avg YoY Growth+180.5%
Median YoY Growth-4.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is Cummins's commercial paper borrowings outstanding?
Cummins (CMI) reported commercial paper borrowings outstanding of $353.00M in Q4 2025.
How has Cummins's commercial paper borrowings outstanding changed year-over-year?
Cummins's commercial paper borrowings outstanding decreased by 72.0% year-over-year, from $1.26B to $353.00M.
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 $323.00M to $353.00M.
What does commercial paper borrowings outstanding mean?
Short-term debt used by the company to cover immediate cash needs.