$CMI
CUMMINS INC Stock $cmi

$cmi Overview Financials Valuation SEC Filings Company Website

2014 Q1 Form 10-Q Financial Statement

#000002617214000017 Filed on April 30, 2014

Income Statement

Concept	2014 Q1	2013 Q1
Revenue	$4.406B	$3.922B
YoY Change	12.34%
Cost Of Revenue	$3.307B	$2.965B
YoY Change	11.53%
Gross Profit	$1.099B	$957.0M
YoY Change	14.84%
Gross Profit Margin	24.94%	24.4%
Selling, General & Admin	$485.0M	$444.0M
YoY Change	9.23%
% of Gross Profit	44.13%	46.39%
Research & Development	$190.0M	$182.0M
YoY Change	4.4%
% of Gross Profit	17.29%	19.02%
Depreciation & Amortization	$105.0M	$98.00M
YoY Change	7.14%
% of Gross Profit	9.55%	10.24%
Operating Expenses	$675.0M	$626.0M
YoY Change	7.83%
Operating Profit	$513.0M	$414.0M
YoY Change	23.91%
Interest Expense	$17.00M	$6.000M
YoY Change	183.33%
% of Operating Profit	3.31%	1.45%
Other Income/Expense, Net	$10.00M	$18.00M
YoY Change	-44.44%
Pretax Income	$511.0M	$431.0M
YoY Change	18.56%
Income Tax	$153.0M	$119.0M
% Of Pretax Income	29.94%	27.61%
Net Earnings	$358.0M	$312.0M
YoY Change	14.74%
Net Earnings / Revenue	8.13%	7.96%
Basic Earnings Per Share	$1.83	$1.50
Diluted Earnings Per Share	$1.83	$1.49
COMMON SHARES
Basic Shares Outstanding	184.3M shares	188.4M shares
Diluted Shares Outstanding	184.7M shares	188.8M shares

Balance Sheet

Concept	2014 Q1	2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.307B	$1.679B
YoY Change	37.4%
Cash & Equivalents	$2.178B	$1.483B
Short-Term Investments	$129.0M	$196.0M
Other Short-Term Assets	$663.0M	$658.0M
YoY Change	0.76%
Inventory	$2.580B	$2.387B
Prepaid Expenses
Receivables	$2.949B	$2.496B
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$8.499B	$7.220B
YoY Change	17.71%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.232B	$2.769B
YoY Change	16.72%
Goodwill	$464.0M	$444.0M
YoY Change	4.5%
Intangibles	$357.0M	$366.0M
YoY Change	-2.46%
Long-Term Investments	$966.0M	$944.0M
YoY Change	2.33%
Other Assets	$611.0M	$1.013B
YoY Change	-39.68%
Total Long-Term Assets	$6.252B	$5.536B
YoY Change	12.93%
TOTAL ASSETS
Total Short-Term Assets	$8.499B	$7.220B
Total Long-Term Assets	$6.252B	$5.536B
Total Assets	$14.75B	$12.76B
YoY Change	15.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.887B	$1.554B
YoY Change	21.43%
Accrued Expenses	$1.237B	$1.192B
YoY Change	3.78%
Deferred Revenue
YoY Change
Short-Term Debt	$24.00M	$13.00M
YoY Change	84.62%
Long-Term Debt Due	$37.00M	$54.00M
YoY Change	-31.48%
Total Short-Term Liabilities	$3.555B	$3.257B
YoY Change	9.15%
LONG-TERM LIABILITIES
Long-Term Debt	$1.632B	$736.0M
YoY Change	121.74%
Other Long-Term Liabilities	$1.830B	$1.718B
YoY Change	6.52%
Total Long-Term Liabilities	$3.462B	$2.454B
YoY Change	41.08%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.555B	$3.257B
Total Long-Term Liabilities	$3.462B	$2.454B
Total Liabilities	$7.017B	$5.711B
YoY Change	22.87%
SHAREHOLDERS EQUITY
Retained Earnings	$8.629B	$7.530B
YoY Change	14.59%
Common Stock	$2.101B	$2.064B
YoY Change	1.79%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$2.600B	$1.827B
YoY Change	42.31%
Treasury Stock Shares	38.40M shares	32.50M shares
Shareholders Equity	$7.360B	$6.655B
YoY Change
Total Liabilities & Shareholders Equity	$14.75B	$12.76B
YoY Change	15.64%

Cashflow Statement

Concept	2014 Q1	2013 Q1
OPERATING ACTIVITIES
Net Income	$358.0M	$312.0M
YoY Change	14.74%
Depreciation, Depletion And Amortization	$105.0M	$98.00M
YoY Change	7.14%
Cash From Operating Activities	$263.0M	$428.0M
YoY Change	-38.55%
INVESTING ACTIVITIES
Capital Expenditures	$107.0M	$114.0M
YoY Change	-6.14%
Acquisitions	$90.00M	$17.00M
YoY Change	429.41%
Other Investing Activities	-$1.000M
YoY Change
Cash From Investing Activities	-$187.0M	-$143.0M
YoY Change	30.77%
FINANCING ACTIVITIES
Cash Dividend Paid	$115.0M	$95.00M
YoY Change	21.05%
Common Stock Issuance & Retirement, Net	$419.0M	$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-602.0M	-103.0M
YoY Change	484.47%
NET CHANGE
Cash From Operating Activities	263.0M	428.0M
Cash From Investing Activities	-187.0M	-143.0M
Cash From Financing Activities	-602.0M	-103.0M
Net Change In Cash	-526.0M	182.0M
YoY Change	-389.01%
FREE CASH FLOW
Cash From Operating Activities	$263.0M	$428.0M
Capital Expenditures	$107.0M	$114.0M
Free Cash Flow	$156.0M	$314.0M
YoY Change	-50.32%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2014Q1	us-gaap	Accounts Notes And Loans Receivable Net Current AccountsNotesAndLoansReceivableNetCurrent	2661000000	USD
CY2013Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	1557000000	USD
CY2014Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	1887000000	USD
CY2013Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3254000000	USD
CY2014Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3331000000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	611000000	USD
CY2014Q1	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	607000000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-784000000	USD
CY2014Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-755000000	USD
CY2013Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	563350	shares
CY2014Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1430	shares
CY2013Q4	us-gaap	Assets Assets	14728000000	USD
CY2014Q1	us-gaap	Assets Assets	14751000000	USD
CY2013Q4	us-gaap	Assets Current AssetsCurrent	8639000000	USD
CY2014Q1	us-gaap	Assets Current AssetsCurrent	8499000000	USD
CY2014Q1	us-gaap	Available For Sale Securities AvailableForSaleSecurities	129000000	USD
CY2013Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	150000000	USD
CY2014Q1	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	115000000	USD
CY2013Q4	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	136000000	USD
CY2014Q1	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	1000000	USD
CY2014Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	2000000	USD
CY2014Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	35000000	USD
CY2014Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	38000000	USD
CY2013Q1	us-gaap	Available For Sale Securities Gross Realized Gains AvailableForSaleSecuritiesGrossRealizedGains	10000000	USD
CY2014Q1	us-gaap	Available For Sale Securities Gross Realized Gains AvailableForSaleSecuritiesGrossRealizedGains	1000000	USD
CY2013Q1	us-gaap	Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain	7000000	USD
CY2014Q1	us-gaap	Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain	6000000	USD
CY2013Q4	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	92000000	USD
CY2014Q1	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	93000000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2178000000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2699000000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1369000000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1483000000	USD
CY2014Q1	us-gaap	Cash Cash Equivalents And Short Term Investments CashCashEquivalentsAndShortTermInvestments	2307000000	USD
CY2013Q4	us-gaap	Cash Cash Equivalents And Short Term Investments CashCashEquivalentsAndShortTermInvestments	2849000000	USD
CY2013Q1	us-gaap	Cash Dividends Paid To Parent Company CashDividendsPaidToParentCompany	70000000	USD
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	USD
CY2014Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	USD
CY2014Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.625
CY2013Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.5
CY2014Q1	us-gaap	Common Stock Issued Employee Stock Trust CommonStockIssuedEmployeeStockTrust	15000000	USD
CY2013Q4	us-gaap	Common Stock Issued Employee Stock Trust CommonStockIssuedEmployeeStockTrust	16000000	USD
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	2.50
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CY2014Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2013Q4	us-gaap	Common Stock Shares Held In Employee Trust Shares CommonStockSharesHeldInEmployeeTrustShares	1300000	shares
CY2014Q1	us-gaap	Common Stock Shares Held In Employee Trust Shares CommonStockSharesHeldInEmployeeTrustShares	1200000	shares
CY2014Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	222300000	shares
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	222300000	shares
CY2014Q1	us-gaap	Common Stock Value CommonStockValue	2101000000	USD
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	2099000000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	367000000	USD
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	137000000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	26000000	USD
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	28000000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	393000000	USD
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	165000000	USD
CY2013Q1	us-gaap	Cost Of Revenue CostOfRevenue	2965000000	USD
CY2014Q1	us-gaap	Cost Of Revenue CostOfRevenue	3290000000	USD
CY2013Q4	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	1723000000	USD
CY2014Q1	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	1669000000	USD
CY2013Q4	us-gaap	Debt Current DebtCurrent	51000000	USD
CY2014Q1	us-gaap	Debt Current DebtCurrent	37000000	USD
CY2014Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1693000000	USD
CY2013Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1740000000	USD
CY2013Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	48000000	USD
CY2014Q1	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	48000000	USD
CY2013Q4	us-gaap	Deferred Gain Loss On Discontinuation Of Fair Value Hedge DeferredGainLossOnDiscontinuationOfFairValueHedge	-49000000	USD
CY2014Q1	us-gaap	Deferred Gain Loss On Discontinuation Of Fair Value Hedge DeferredGainLossOnDiscontinuationOfFairValueHedge	-46000000	USD
CY2014Q1	us-gaap	Deferred Revenue Additions DeferredRevenueAdditions	53000000	USD
CY2014Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	22000000	USD
CY2013Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	5000000	USD
CY2013Q1	us-gaap	Deferred Revenue Additions DeferredRevenueAdditions	49000000	USD
CY2014Q1	us-gaap	Defined Benefit Plan Assets For Plan Benefits Noncurrent DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent	622000000	USD
CY2014Q1	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	126000000	USD
CY2014Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	295000000	USD
CY2013Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	285000000	USD
CY2013Q1	us-gaap	Deferred Revenue Revenue Recognized DeferredRevenueRevenueRecognized	27000000	USD
CY2014Q1	us-gaap	Deferred Revenue Revenue Recognized DeferredRevenueRevenueRecognized	34000000	USD
CY2014Q1	us-gaap	Defined Benefit Pension Plan Liabilities Noncurrent DefinedBenefitPensionPlanLiabilitiesNoncurrent	232000000	USD
CY2013Q4	us-gaap	Defined Benefit Pension Plan Liabilities Noncurrent DefinedBenefitPensionPlanLiabilitiesNoncurrent	232000000	USD
CY2013Q4	us-gaap	Defined Benefit Plan Assets For Plan Benefits Noncurrent DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent	514000000	USD
CY2013Q1	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	90000000	USD
CY2013Q1	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	22000000	USD
CY2014Q1	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	26000000	USD
CY2013Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	98000000	USD
CY2014Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	105000000	USD
CY2014Q1	us-gaap	Derivative Assets DerivativeAssets	2000000	USD
CY2014Q1	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet		USD
CY2013Q1	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	2000000	USD
CY2014Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-3000000	USD
CY2013Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-26000000	USD
CY2014Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	8000000	USD
CY2014Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	115000000	USD
CY2013Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	95000000	USD
CY2013Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	287000000	USD
CY2014Q1	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	288000000	USD
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.50
CY2014Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.83
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.49
CY2014Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.83
CY2014Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	5000000	USD
CY2013Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	-68000000	USD
CY2014Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.299
CY2013Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.276
CY2014Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2014Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	323000000	USD
CY2013Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	433000000	USD
CY2014Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	5000000	USD
CY2013Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	7000000	USD
CY2013Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	7000000	USD
CY2014Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	5000000	USD
CY2014Q1	us-gaap	Extended Product Warranty Accrual Preexisting Increase Decrease ExtendedProductWarrantyAccrualPreexistingIncreaseDecrease	2000000	USD
CY2013Q1	us-gaap	Extended Product Warranty Accrual Preexisting Increase Decrease ExtendedProductWarrantyAccrualPreexistingIncreaseDecrease	-9000000	USD
CY2013Q4	us-gaap	Fifo Inventory Amount FIFOInventoryAmount	2492000000	USD
CY2014Q1	us-gaap	Fifo Inventory Amount FIFOInventoryAmount	2700000000	USD
CY2014Q1	us-gaap	Goodwill Goodwill	464000000	USD
CY2013Q4	us-gaap	Goodwill Goodwill	461000000	USD
CY2014Q1	us-gaap	Gross Profit GrossProfit	1116000000	USD
CY2013Q1	us-gaap	Gross Profit GrossProfit	957000000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	431000000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	511000000	USD
CY2013Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	73000000	USD
CY2014Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	79000000	USD
CY2013Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	36000000	USD
CY2014Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	52000000	USD
CY2013Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	119000000	USD
CY2014Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	153000000	USD
CY2013Q1	us-gaap	Income Tax Reconciliation Deductions Dividends IncomeTaxReconciliationDeductionsDividends	5000000	USD
CY2013Q1	us-gaap	Income Tax Reconciliation Tax Credits Research IncomeTaxReconciliationTaxCreditsResearch	28000000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts And Notes Receivable IncreaseDecreaseInAccountsAndNotesReceivable	29000000	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts And Notes Receivable IncreaseDecreaseInAccountsAndNotesReceivable	232000000	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	302000000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	204000000	USD
CY2013Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-142000000	USD
CY2014Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-95000000	USD
CY2013Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	177000000	USD
CY2014Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	135000000	USD
CY2013Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-158000000	USD
CY2014Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-2000000	USD
CY2013Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	400000	shares
CY2014Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	400000	shares
CY2014Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	357000000	USD
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CY2014Q1	us-gaap	Interest Expense InterestExpense	17000000	USD
CY2013Q1	us-gaap	Interest Expense InterestExpense	6000000	USD
CY2013Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	1487000000	USD
CY2014Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	1598000000	USD
CY2014Q1	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	120000000	USD
CY2013Q4	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	111000000	USD
CY2013Q4	us-gaap	Inventory Net InventoryNet	2381000000	USD
CY2014Q1	us-gaap	Inventory Net InventoryNet	2580000000	USD
CY2014Q1	us-gaap	Inventory Work In Process And Raw Materials InventoryWorkInProcessAndRawMaterials	1102000000	USD
CY2013Q4	us-gaap	Inventory Work In Process And Raw Materials InventoryWorkInProcessAndRawMaterials	1005000000	USD
CY2013Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	5000000	USD
CY2014Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	5000000	USD
CY2014Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	966000000	USD
CY2013Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	931000000	USD
CY2013Q4	us-gaap	Liabilities Liabilities	6858000000	USD
CY2014Q1	us-gaap	Liabilities Liabilities	7017000000	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	14728000000	USD
CY2014Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	14751000000	USD
CY2014Q1	us-gaap	Liabilities Current LiabilitiesCurrent	3555000000	USD
CY2013Q4	us-gaap	Liabilities Current LiabilitiesCurrent	3368000000	USD
CY2013Q4	us-gaap	Long Term Debt LongTermDebt	1630000000	USD
CY2014Q1	us-gaap	Long Term Debt LongTermDebt	1578000000	USD
CY2014Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1632000000	USD
CY2013Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1672000000	USD
CY2013Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	51000000	USD
CY2014Q1	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	37000000	USD
CY2014Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	1918000000	USD
CY2013Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	1877000000	USD
CY2014Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	56000000	USD
CY2014Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	15000000	USD
CY2014Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	9000000	USD
CY2014Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	44000000	USD
CY2014Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	32000000	USD
CY2014Q1	us-gaap	Minority Interest MinorityInterest	374000000	USD
CY2013Q4	us-gaap	Minority Interest MinorityInterest	360000000	USD
CY2014Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	13000000	USD
CY2013Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	19000000	USD
CY2014Q1	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;font-weight:bold;text-decoration:none;">NOTE 1. NATURE OF OPERATIONS</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cummins Inc. (“Cummins,” “we,” “our” or “us”) was founded in 1919 as a corporation in Columbus, Indiana, as one of the first diesel engine manufacturers.  </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">We are a global power leader that designs, manufactures, distributes and services diesel and natural gas engines and engine-related component products, including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems and electric power generation systems.  We sell our products to original equipment manufacturers (OEMs), distributors and other customers worldwide.</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">We serve our customers through a network of over</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">600</font><font style="font-family:inherit;font-size:10pt;"> company-owned and independent distributor locations and over</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">6,800</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">dealer locations in more than </font><font style="font-family:inherit;font-size:10pt;">190</font><font style="font-family:inherit;font-size:10pt;"> countries and territories.</font></div></div>
CY2013Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	114000000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-521000000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-602000000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-103000000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-143000000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-187000000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	428000000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	263000000	USD
CY2014Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	20000000	USD
CY2013Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	30000000	USD
CY2013Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	282000000	USD
CY2014Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	338000000	USD
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	513000000	USD
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	414000000	USD
CY2013Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	566000000	USD
CY2014Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	575000000	USD
CY2014Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	611000000	USD
CY2013Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	670000000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-2000000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-10000000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Before Tax OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax	26000000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Before Tax OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax	-153000000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	26000000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-153000000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	2000000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-6000000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	31000000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-150000000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	35000000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-147000000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-4000000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-19000000	USD
CY2014Q1	us-gaap	Other Liabilities And Deferred Revenue Noncurrent OtherLiabilitiesAndDeferredRevenueNoncurrent	1251000000	USD
CY2013Q4	us-gaap	Other Liabilities And Deferred Revenue Noncurrent OtherLiabilitiesAndDeferredRevenueNoncurrent	1230000000	USD
CY2014Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-50000000	USD
CY2013Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-62000000	USD
CY2013Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	18000000	USD
CY2014Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	10000000	USD
CY2013Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	1000000	USD
CY2014Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-1000000	USD
CY2014Q1	us-gaap	Other Postretirement Benefit Expense OtherPostretirementBenefitExpense	-8000000	USD
CY2013Q1	us-gaap	Other Postretirement Benefit Expense OtherPostretirementBenefitExpense	-8000000	USD
CY2014Q1	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	347000000	USD
CY2013Q4	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	356000000	USD
CY2013Q1	us-gaap	Payments For Proceeds From Derivative Instrument Investing Activities PaymentsForProceedsFromDerivativeInstrumentInvestingActivities	30000000	USD
CY2014Q1	us-gaap	Payments For Proceeds From Derivative Instrument Investing Activities PaymentsForProceedsFromDerivativeInstrumentInvestingActivities	-5000000	USD
CY2014Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-1000000	USD
CY2013Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities		USD
CY2013Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock		USD
CY2014Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	419000000	USD
CY2014Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	115000000	USD
CY2013Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	95000000	USD
CY2013Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	17000000	USD
CY2014Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	90000000	USD
CY2014Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	6000000	USD
CY2013Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	24000000	USD
CY2014Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	84000000	USD
CY2013Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	133000000	USD
CY2014Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	107000000	USD
CY2013Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	114000000	USD
CY2014Q1	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	14000000	USD
CY2013Q1	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	12000000	USD
CY2013Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	19000000	USD
CY2014Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	13000000	USD
CY2013Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	760000000	USD
CY2014Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	663000000	USD
CY2014Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	7000000	USD
CY2013Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt		USD
CY2013Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	16000000	USD
CY2014Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-3000000	USD
CY2013Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	15000000	USD
CY2014Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-39000000	USD
CY2014Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	108000000	USD
CY2013Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	187000000	USD
CY2014Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	1133000000	USD
CY2013Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	1129000000	USD
CY2013Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	1110000000	USD
CY2012Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	1088000000	USD
CY2014Q1	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	345000000	USD
CY2013Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	360000000	USD
CY2014Q1	us-gaap	Product Warranty Accrual Currency Translation Increase Decrease ProductWarrantyAccrualCurrencyTranslationIncreaseDecrease	1000000	USD
CY2013Q1	us-gaap	Product Warranty Accrual Currency Translation Increase Decrease ProductWarrantyAccrualCurrencyTranslationIncreaseDecrease	-5000000	USD
CY2013Q1	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	102000000	USD
CY2014Q1	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	102000000	USD
CY2014Q1	us-gaap	Profit Loss ProfitLoss	358000000	USD
CY2013Q1	us-gaap	Profit Loss ProfitLoss	312000000	USD
CY2014Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	6563000000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	6410000000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3156000000	USD
CY2014Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3232000000	USD
CY2014Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-9000000	USD
CY2013Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-6000000	USD
CY2014Q1	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	25000000	USD
CY2013Q1	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	27000000	USD
CY2014Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	190000000	USD
CY2013Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	182000000	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	8406000000	USD
CY2014Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	8629000000	USD
CY2013Q1	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	552000000	USD
CY2014Q1	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	592000000	USD
CY2014Q1	us-gaap	Sales Revenue Net SalesRevenueNet	4406000000	USD
CY2013Q1	us-gaap	Sales Revenue Net SalesRevenueNet	3922000000	USD
CY2013Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	444000000	USD
CY2014Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	502000000	USD
CY2014Q1	us-gaap	Share Based Compensation ShareBasedCompensation	10000000	USD
CY2013Q1	us-gaap	Share Based Compensation ShareBasedCompensation	7000000	USD
CY2014Q1	us-gaap	Short Term Borrowings ShortTermBorrowings	24000000	USD
CY2013Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	17000000	USD
CY2014Q1	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	84000000	USD
CY2013Q1	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	116000000	USD
CY2013Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3000000	USD
CY2014Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	6000000	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	7510000000	USD
CY2014Q1	us-gaap	Stockholders Equity StockholdersEquity	7360000000	USD
CY2014Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7734000000	USD
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7870000000	USD
CY2013Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7045000000	USD
CY2012Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6974000000	USD
CY2013Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	-7000000	USD
CY2014Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	-1000000	USD
CY2013Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	99000000	USD
CY2014Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	69000000	USD
CY2014Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	38400000	shares
CY2013Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	35600000	shares
CY2013Q4	us-gaap	Treasury Stock Value TreasuryStockValue	2195000000	USD
CY2014Q1	us-gaap	Treasury Stock Value TreasuryStockValue	2600000000	USD
CY2014Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	419000000	USD
CY2014Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	184700000	shares
CY2013Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	188800000	shares
CY2014Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	184300000	shares
CY2013Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	188400000	shares
CY2014Q1	cmi	Accumulated Other Comprehensive Income Loss Other AccumulatedOtherComprehensiveIncomeLossOther	-148000000	USD
CY2013Q4	cmi	Accumulated Other Comprehensive Income Loss Other AccumulatedOtherComprehensiveIncomeLossOther	-173000000	USD
CY2013Q4	cmi	Available For Sale Securities Gross Unrealized Gain Loss Accumulated In Investments AvailableForSaleSecuritiesGrossUnrealizedGainLossAccumulatedInInvestments	14000000	USD
CY2014Q1	cmi	Available For Sale Securities Gross Unrealized Gain Loss Accumulated In Investments AvailableForSaleSecuritiesGrossUnrealizedGainLossAccumulatedInInvestments	14000000	USD
CY2014Q1	cmi	Company Owned And Independent Distributor Locations Number CompanyOwnedAndIndependentDistributorLocationsNumber	600	location
CY2014Q1	cmi	Countries And Territories Number CountriesAndTerritoriesNumber	190	country
CY2014Q1	cmi	Dealer Locations Number DealerLocationsNumber	6800	location
CY2014Q1	cmi	Deferred Revenue Extended Coverage Programs DeferredRevenueExtendedCoveragePrograms	513000000	USD
CY2013Q1	cmi	Depreciation And Amortization Excluding Amortization Of Debt Discount DepreciationAndAmortizationExcludingAmortizationOfDebtDiscount	98000000	USD
CY2014Q1	cmi	Depreciation And Amortization Excluding Amortization Of Debt Discount DepreciationAndAmortizationExcludingAmortizationOfDebtDiscount	105000000	USD
CY2014Q1	cmi	Effective Income Tax Rate Reconciliation Reconciling Items Net Amount EffectiveIncomeTaxRateReconciliationReconcilingItemsNetAmount	12000000	USD
CY2014Q1	cmi	Unrealized Gain Loss On Translation And Hedging Activities UnrealizedGainLossOnTranslationAndHedgingActivities	3000000	USD
CY2014Q1	cmi	Employee Benefits Trust Activity EmployeeBenefitsTrustActivity	10000000	USD
CY2013Q1	cmi	Employee Benefits Trust Activity EmployeeBenefitsTrustActivity	9000000	USD
CY2013Q1	cmi	Equity Royalty And Interest Income From Investees EquityRoyaltyAndInterestIncomeFromInvestees	82000000	USD
CY2014Q1	cmi	Equity Royalty And Interest Income From Investees EquityRoyaltyAndInterestIncomeFromInvestees	90000000	USD
CY2013Q1	cmi	Income Tax Reconciliation Write Off Of Deferred Tax Asset IncomeTaxReconciliationWriteOffOfDeferredTaxAsset	17000000	USD
CY2014Q1	cmi	Increase Decrease In Other Operating Liabilities And Deferred Revenue IncreaseDecreaseInOtherOperatingLiabilitiesAndDeferredRevenue	50000000	USD
CY2013Q1	cmi	Increase Decrease In Other Operating Liabilities And Deferred Revenue IncreaseDecreaseInOtherOperatingLiabilitiesAndDeferredRevenue	47000000	USD
CY2013Q1	cmi	Number Of Days In Each Interim Period NumberOfDaysInEachInterimPeriod	P91D
CY2014Q1	cmi	Number Of Days In Each Interim Period NumberOfDaysInEachInterimPeriod	P91D
CY2013Q1	cmi	Other Comprehensive Income Loss Before Reclassifications Tax OtherComprehensiveIncomeLossBeforeReclassificationsTax		USD
CY2014Q1	cmi	Other Comprehensive Income Loss Before Reclassifications Tax OtherComprehensiveIncomeLossBeforeReclassificationsTax		USD
CY2014Q1	cmi	Pension Contributions Expense Net PensionContributionsExpenseNet	-100000000	USD
CY2013Q1	cmi	Pension Contributions Expense Net PensionContributionsExpenseNet	-54000000	USD
CY2014Q1	cmi	Receivable For Supplier Recoveries ReceivableForSupplierRecoveries	14000000	USD
CY2013Q1	cmi	Royalty And Interest Income From Investees Operating RoyaltyAndInterestIncomeFromInvesteesOperating	9000000	USD
CY2014Q1	cmi	Royalty And Interest Income From Investees Operating RoyaltyAndInterestIncomeFromInvesteesOperating	11000000	USD
CY2014Q1	cmi	Segment Exclusions For Depre And Amort SegmentExclusionsForDepreAndAmort		USD
CY2013Q1	cmi	Segment Exclusions For Depre And Amort SegmentExclusionsForDepreAndAmort		USD
CY2014Q1	cmi	Segment Reporting Information Income Loss Before Interest Expense And Income Taxes SegmentReportingInformationIncomeLossBeforeInterestExpenseAndIncomeTaxes	528000000	USD
CY2013Q1	cmi	Segment Reporting Information Income Loss Before Interest Expense And Income Taxes SegmentReportingInformationIncomeLossBeforeInterestExpenseAndIncomeTaxes	437000000	USD
CY2013Q1	cmi	Stock Issued During Period Value New Issues And Treasury Stock Reissued StockIssuedDuringPeriodValueNewIssuesAndTreasuryStockReissued	1000000	USD
CY2014Q1	cmi	Stock Issued During Period Value New Issues And Treasury Stock Reissued StockIssuedDuringPeriodValueNewIssuesAndTreasuryStockReissued	1000000	USD
CY2013Q1	cmi	Unrealized Gain Loss On Translation And Hedging Activities UnrealizedGainLossOnTranslationAndHedgingActivities	5000000	USD
CY2014Q1	dei	Amendment Flag AmendmentFlag	false
CY2014Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2014Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2014Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014Q1	dei	Document Period End Date DocumentPeriodEndDate	2014-03-30
CY2014Q1	dei	Document Type DocumentType	10-Q
CY2014Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000026172
CY2014Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	183886610	shares
CY2014Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2014Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2014Q1	dei	Entity Registrant Name EntityRegistrantName	CUMMINS INC

Files In Submission

Name	View Source	Status
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$CMI
CUMMINS INC Stock $cmi

2014 Q1 Form 10-Q Financial Statement

#000002617214000017 Filed on April 30, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CMI CUMMINS INC Stock $cmi

2014 Q1 Form 10-Q Financial Statement

#000002617214000017 Filed on April 30, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CMI
CUMMINS INC Stock $cmi