$CMI
CUMMINS INC Stock $cmi

$cmi Overview Financials Valuation SEC Filings Company Website

2015 Q3 Form 10-Q Financial Statement

#000002617216000059 Filed on November 01, 2016

Income Statement

Concept	2015 Q3
Revenue	$4.620B
YoY Change	-5.52%
Cost Of Revenue	$3.412B
YoY Change	-5.38%
Gross Profit	$1.208B
YoY Change	-5.92%
Gross Profit Margin	26.15%
Selling, General & Admin	$530.0M
YoY Change	0.19%
% of Gross Profit	43.87%
Research & Development	$197.0M
YoY Change	-0.51%
% of Gross Profit	16.31%
Depreciation & Amortization	$129.0M
YoY Change	14.16%
% of Gross Profit	10.68%
Operating Expenses	$727.0M
YoY Change	0.0%
Operating Profit	$557.0M
YoY Change	-15.48%
Interest Expense	$16.00M
YoY Change	6.67%
% of Operating Profit	2.87%
Other Income/Expense, Net	$11.00M
YoY Change	-42.11%
Pretax Income	$561.0M
YoY Change	-16.14%
Income Tax	$169.0M
% Of Pretax Income	30.12%
Net Earnings	$392.0M
YoY Change	-10.71%
Net Earnings / Revenue	8.48%
Basic Earnings Per Share	$2.15
Diluted Earnings Per Share	$2.14
COMMON SHARES
Basic Shares Outstanding	177.0M shares
Diluted Shares Outstanding	177.4M shares

Balance Sheet

Concept	2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.723B
YoY Change	-27.64%
Cash & Equivalents	$1.688B
Short-Term Investments	$35.00M
Other Short-Term Assets	$921.0M
YoY Change	15.85%
Inventory	$3.059B
Prepaid Expenses
Receivables	$3.159B
Other Receivables	$0.00
Total Short-Term Assets	$8.862B
YoY Change	-2.27%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.717B
YoY Change	7.3%
Goodwill	$481.0M
YoY Change	3.44%
Intangibles	$337.0M
YoY Change	-2.6%
Long-Term Investments	$959.0M
YoY Change	-2.24%
Other Assets	$656.0M
YoY Change	5.98%
Total Long-Term Assets	$6.935B
YoY Change	5.46%
TOTAL ASSETS
Total Short-Term Assets	$8.862B
Total Long-Term Assets	$6.935B
Total Assets	$15.80B
YoY Change	0.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.824B
YoY Change	-5.49%
Accrued Expenses	$1.672B
YoY Change	8.71%
Deferred Revenue
YoY Change
Short-Term Debt	$27.00M
YoY Change	-65.38%
Long-Term Debt Due	$31.00M
YoY Change	14.81%
Total Short-Term Liabilities	$3.968B
YoY Change	-1.73%
LONG-TERM LIABILITIES
Long-Term Debt	$1.595B
YoY Change	0.69%
Other Long-Term Liabilities	$2.153B
YoY Change	11.84%
Total Long-Term Liabilities	$3.748B
YoY Change	6.81%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.968B
Total Long-Term Liabilities	$3.748B
Total Liabilities	$7.716B
YoY Change	2.24%
SHAREHOLDERS EQUITY
Retained Earnings	$10.33B
YoY Change	11.77%
Common Stock	$2.173B
YoY Change	2.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$3.486B
YoY Change	25.44%
Treasury Stock Shares	44.70M shares
Shareholders Equity	$7.749B
YoY Change
Total Liabilities & Shareholders Equity	$15.80B
YoY Change	0.98%

Cashflow Statement

Concept	2015 Q3
OPERATING ACTIVITIES
Net Income	$392.0M
YoY Change	-10.71%
Depreciation, Depletion And Amortization	$129.0M
YoY Change	14.16%
Cash From Operating Activities	$562.0M
YoY Change	-18.2%
INVESTING ACTIVITIES
Capital Expenditures	-$162.0M
YoY Change	-8.99%
Acquisitions
YoY Change
Other Investing Activities	-$15.00M
YoY Change	-1600.0%
Cash From Investing Activities	-$177.0M
YoY Change	0.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-386.0M
YoY Change	12.54%
NET CHANGE
Cash From Operating Activities	562.0M
Cash From Investing Activities	-177.0M
Cash From Financing Activities	-386.0M
Net Change In Cash	-1.000M
YoY Change	-100.6%
FREE CASH FLOW
Cash From Operating Activities	$562.0M
Capital Expenditures	-$162.0M
Free Cash Flow	$724.0M
YoY Change	-16.3%

Facts In Submission

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	cmi	Countries And Territories Number CountriesAndTerritoriesNumber	190	country
	cmi	Dealer Locations Number DealerLocationsNumber	7200	location
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	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Period End Date DocumentPeriodEndDate	2016-10-02
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000026172
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	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	CUMMINS INC
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	us-gaap	Increase Decrease In Accounts And Notes Receivable IncreaseDecreaseInAccountsAndNotesReceivable	163000000	USD
	us-gaap	Increase Decrease In Accounts And Notes Receivable IncreaseDecreaseInAccountsAndNotesReceivable	112000000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-52000000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	97000000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-153000000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-279000000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	179000000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	150000000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets And Liabilities Net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet	-219000000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets And Liabilities Net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet	-188000000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-133000000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-138000000	USD
CY2015Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	400000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	400000	shares
CY2016Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	400000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	200000	shares
CY2015Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	328000000	USD
CY2016Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	319000000	USD
CY2015Q3	us-gaap	Interest Expense InterestExpense	16000000	USD
	us-gaap	Interest Expense InterestExpense	47000000	USD
CY2016Q4	us-gaap	Interest Expense InterestExpense	16000000	USD
	us-gaap	Interest Expense InterestExpense	51000000	USD
CY2015Q4	us-gaap	Interest Rate Fair Value Hedge Liability At Fair Value InterestRateFairValueHedgeLiabilityAtFairValue	63000000	USD
CY2016Q4	us-gaap	Interest Rate Fair Value Hedge Liability At Fair Value InterestRateFairValueHedgeLiabilityAtFairValue	77000000	USD
CY2015Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	1796000000	USD
CY2016Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	1779000000	USD
CY2015Q4	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	111000000	USD
CY2016Q4	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	105000000	USD
CY2015Q4	us-gaap	Inventory Net InventoryNet	2707000000	USD
CY2016Q4	us-gaap	Inventory Net InventoryNet	2820000000	USD
CY2015Q4	us-gaap	Inventory Work In Process And Raw Materials InventoryWorkInProcessAndRawMaterials	1022000000	USD
CY2016Q4	us-gaap	Inventory Work In Process And Raw Materials InventoryWorkInProcessAndRawMaterials	1146000000	USD
CY2015Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	9000000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	20000000	USD
CY2016Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	6000000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	18000000	USD
CY2015Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	975000000	USD
CY2016Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	1077000000	USD
CY2015Q4	us-gaap	Liabilities Liabilities	7384000000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	7872000000	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	3803000000	USD
CY2016Q4	us-gaap	Liabilities Current LiabilitiesCurrent	4308000000	USD
CY2015Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1576000000	USD
CY2016Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1593000000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	15134000000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	15136000000	USD
CY2015Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	39000000	USD
CY2015Q3	us-gaap	Loss Contingency Loss In Period LossContingencyLossInPeriod	0	USD
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CY2016Q4	us-gaap	Loss Contingency Loss In Period LossContingencyLossInPeriod	99000000	USD
CY2016Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	35000000	USD
CY2015Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	1821000000	USD
CY2016Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	2292000000	USD
CY2016Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	28000000	USD
CY2016Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	7000000	USD
CY2016Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	24000000	USD
CY2016Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	31000000	USD
CY2016Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	9000000	USD
	us-gaap	Loss Contingency Loss In Period LossContingencyLossInPeriod	138000000	USD
CY2015Q4	us-gaap	Minority Interest MinorityInterest	344000000	USD
CY2016Q4	us-gaap	Minority Interest MinorityInterest	330000000	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	46000000	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	49000000	USD
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	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	1310000000	USD
CY2015Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	12000000	USD
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CY2016Q4	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	11000000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	44000000	USD
CY2015Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	380000000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1238000000	USD
CY2016Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	289000000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1016000000	USD
CY2015Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	557000000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	1828000000	USD
CY2016Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	384000000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	1421000000	USD
CY2015Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	863000000	USD
CY2016Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	985000000	USD
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	922000000	USD
CY2016Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1014000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-1000000	USD
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CY2016Q4	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	0	USD
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CY2015Q3	us-gaap	Other Comprehensive Income Loss Before Reclassifications Before Tax OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax	-240000000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Before Tax OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax	-285000000	USD
CY2016Q4	us-gaap	Other Comprehensive Income Loss Before Reclassifications Before Tax OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax	-47000000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Before Tax OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax	-353000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-210000000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-234000000	USD
CY2016Q4	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-28000000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-327000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	7000000	USD
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CY2016Q4	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	7000000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-20000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-221000000	USD
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CY2016Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-29000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-299000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-200000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-195000000	USD
CY2016Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-9000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-287000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-15000000	USD
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CY2016Q4	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-13000000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-31000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	-30000000	USD
	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	-51000000	USD
CY2016Q4	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	-19000000	USD
	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	-26000000	USD
CY2015Q4	us-gaap	Other Liabilities And Deferred Revenue Noncurrent OtherLiabilitiesAndDeferredRevenueNoncurrent	1358000000	USD
CY2016Q4	us-gaap	Other Liabilities And Deferred Revenue Noncurrent OtherLiabilitiesAndDeferredRevenueNoncurrent	1344000000	USD
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	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-45000000	USD
CY2015Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	11000000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	12000000	USD
CY2016Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	8000000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	34000000	USD
CY2015Q3	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-2000000	USD
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CY2016Q4	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	0	USD
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CY2015Q4	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	349000000	USD
CY2016Q4	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	326000000	USD
CY2015Q4	us-gaap	Other Restructuring Costs OtherRestructuringCosts	4000000	USD
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	us-gaap	Payments For Proceeds From Derivative Instrument Investing Activities PaymentsForProceedsFromDerivativeInstrumentInvestingActivities	64000000	USD
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	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	111000000	USD
	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	42000000	USD
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	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	650000000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	745000000	USD
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	us-gaap	Payments For Restructuring PaymentsForRestructuring	53000000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	452000000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	505000000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	102000000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	1000000	USD
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	9000000	USD
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	29000000	USD
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	175000000	USD
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	447000000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	393000000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	312000000	USD
	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	38000000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	35000000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	42000000	USD
CY2015Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	609000000	USD
CY2016Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	600000000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	24000000	USD
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CY2016Q4	us-gaap	Profit Loss ProfitLoss	300000000	USD
	us-gaap	Proceeds From Repayments Of Commercial Paper ProceedsFromRepaymentsOfCommercialPaper	0	USD
	us-gaap	Proceeds From Repayments Of Commercial Paper ProceedsFromRepaymentsOfCommercialPaper	273000000	USD
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-38000000	USD
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	25000000	USD
CY2015Q3	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	73000000	USD
	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	228000000	USD
CY2016Q4	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	54000000	USD
	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	291000000	USD
CY2014Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	1283000000	USD
CY2015Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	1420000000	USD
CY2015Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	1404000000	USD
CY2016Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	1416000000	USD
CY2015Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	359000000	USD
CY2016Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	333000000	USD
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	282000000	USD
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	291000000	USD
CY2015Q3	us-gaap	Profit Loss ProfitLoss	392000000	USD
	us-gaap	Profit Loss ProfitLoss	1292000000	USD
	us-gaap	Profit Loss ProfitLoss	1060000000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	7322000000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	7460000000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3745000000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3677000000	USD
	us-gaap	Recognition Of Deferred Revenue RecognitionOfDeferredRevenue	-132000000	USD
	us-gaap	Recognition Of Deferred Revenue RecognitionOfDeferredRevenue	-148000000	USD
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	64000000	USD
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	156000000	USD
CY2015Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	197000000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	558000000	USD
CY2016Q4	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	157000000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	478000000	USD
CY2015Q4	us-gaap	Restructuring And Related Cost Expected Number Of Positions Eliminated RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated	1900	employee
CY2015Q4	us-gaap	Restructuring Charges RestructuringCharges	90000000	USD
CY2015	us-gaap	Restructuring Charges RestructuringCharges	90000000	USD
CY2015Q4	us-gaap	Restructuring Reserve RestructuringReserve	60000000	USD
CY2016Q4	us-gaap	Restructuring Reserve RestructuringReserve	7000000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10322000000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10833000000	USD
CY2015Q3	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	274000000	USD
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CY2016Q4	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	275000000	USD
	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	793000000	USD
CY2015Q3	us-gaap	Sales Revenue Net SalesRevenueNet	4620000000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	14344000000	USD
CY2016Q4	us-gaap	Sales Revenue Net SalesRevenueNet	4187000000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	13006000000	USD
CY2015Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	530000000	USD
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CY2016Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	513000000	USD
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CY2015Q4	us-gaap	Severance Costs1 SeveranceCosts1	86000000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	24000000	USD
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CY2015Q4	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	24000000	USD
CY2016Q4	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	48000000	USD
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CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	7406000000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	6934000000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	8093000000	USD
CY2015Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	8081000000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7750000000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7264000000	USD
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CY2015Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	47200000	shares
CY2016Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	54100000	shares
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CY2015Q4	us-gaap	Treasury Stock Value TreasuryStockValue	3735000000	USD
CY2016Q4	us-gaap	Treasury Stock Value TreasuryStockValue	4468000000	USD
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	650000000	USD
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	745000000	USD
CY2015Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	177400000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	179300000	shares
CY2016Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	168200000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	169700000	shares
CY2015Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	177000000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	178900000	shares
CY2016Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	167800000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	169500000	shares
	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NOTE 1. NATURE OF OPERATIONS</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;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;">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 approximately</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;">7,200</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>

Files In Submission

Name	View Source	Status
0000026172-16-000059-index-headers.html	Edgar Link	pending
0000026172-16-000059-index.html	Edgar Link	pending
0000026172-16-000059.txt	Edgar Link	pending
0000026172-16-000059-xbrl.zip	Edgar Link	pending
cmi-20161002.xml	Edgar Link	completed
cmi-20161002.xsd	Edgar Link	pending
cmi-20161002_cal.xml	Edgar Link	unprocessable
cmi-20161002_def.xml	Edgar Link	unprocessable
cmi-20161002_lab.xml	Edgar Link	unprocessable
cmi-20161002_pre.xml	Edgar Link	unprocessable
cmi2016finalq310-qdocument.htm	Edgar Link	pending
cmi2016finalq3exhibit12.htm	Edgar Link	pending
cmi2016finalq3exhibit31a.htm	Edgar Link	pending
cmi2016finalq3exhibit31b.htm	Edgar Link	pending
cmi2016finalq3exhibit32.htm	Edgar Link	pending
cumminsca06.jpg	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$CMI
CUMMINS INC Stock $cmi

2015 Q3 Form 10-Q Financial Statement

#000002617216000059 Filed on November 01, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CMI CUMMINS INC Stock $cmi

2015 Q3 Form 10-Q Financial Statement

#000002617216000059 Filed on November 01, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CMI
CUMMINS INC Stock $cmi