2021 Q2 Form 10-Q Financial Statement
#000002617221000027 Filed on May 04, 2021
Income Statement
| Concept | 2021 Q2 | 2020 Q1 |
|---|---|---|
| Revenue | $6.092B | $5.011B |
| YoY Change | 58.15% | -16.54% |
| Cost Of Revenue | $4.606B | $3.717B |
| YoY Change | 55.5% | -16.88% |
| Gross Profit | $1.486B | $1.294B |
| YoY Change | 66.97% | -15.54% |
| Gross Profit Margin | 24.39% | 25.82% |
| Selling, General & Admin | $574.0M | $546.0M |
| YoY Change | 22.13% | -7.93% |
| % of Gross Profit | 38.63% | 42.19% |
| Research & Development | $260.0M | $238.0M |
| YoY Change | 37.57% | 0.42% |
| % of Gross Profit | 17.5% | 18.39% |
| Depreciation & Amortization | $170.0M | $168.0M |
| YoY Change | 3.03% | 7.01% |
| % of Gross Profit | 11.44% | 12.98% |
| Operating Expenses | $834.0M | $784.0M |
| YoY Change | 26.56% | -5.54% |
| Operating Profit | $810.0M | $634.0M |
| YoY Change | 141.07% | -20.65% |
| Interest Expense | $28.00M | $23.00M |
| YoY Change | 21.74% | -28.13% |
| % of Operating Profit | 3.46% | 3.63% |
| Other Income/Expense, Net | $1.000M | $44.00M |
| YoY Change | -97.96% | -33.33% |
| Pretax Income | $783.0M | $655.0M |
| YoY Change | 116.3% | -22.49% |
| Income Tax | $172.0M | $127.0M |
| % Of Pretax Income | 21.97% | 19.39% |
| Net Earnings | $611.0M | $528.0M |
| YoY Change | 127.14% | -21.08% |
| Net Earnings / Revenue | 10.03% | 10.54% |
| Basic Earnings Per Share | $4.10 | $3.42 |
| Diluted Earnings Per Share | $4.07 | $3.41 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 147.0M shares | 149.3M shares |
| Diluted Shares Outstanding | 148.3M shares | 149.7M shares |
Balance Sheet
| Concept | 2021 Q2 | 2020 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $3.355B | $2.030B |
| YoY Change | 59.46% | 28.97% |
| Cash & Equivalents | $2.958B | $1.691B |
| Short-Term Investments | $397.0M | $339.0M |
| Other Short-Term Assets | $805.0M | $676.0M |
| YoY Change | 26.97% | 12.85% |
| Inventory | $3.753B | $3.579B |
| Prepaid Expenses | ||
| Receivables | $4.209B | $3.505B |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $12.12B | $9.790B |
| YoY Change | 23.27% | -2.98% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $4.196B | $4.128B |
| YoY Change | 3.17% | 1.52% |
| Goodwill | $1.290B | $1.283B |
| YoY Change | 0.47% | 14.04% |
| Intangibles | $964.0M | $965.0M |
| YoY Change | -5.21% | 7.82% |
| Long-Term Investments | $1.592B | $1.304B |
| YoY Change | 16.89% | 0.08% |
| Other Assets | $1.713B | $1.617B |
| YoY Change | -2.23% | 13.31% |
| Total Long-Term Assets | $10.84B | $10.29B |
| YoY Change | 3.44% | 5.44% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $12.12B | $9.790B |
| Total Long-Term Assets | $10.84B | $10.29B |
| Total Assets | $22.96B | $20.08B |
| YoY Change | 13.04% | 1.16% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $3.279B | $2.648B |
| YoY Change | 43.75% | -12.26% |
| Accrued Expenses | $1.121B | $971.0M |
| YoY Change | 21.85% | 1.36% |
| Deferred Revenue | $773.0M | $527.0M |
| YoY Change | 47.8% | |
| Short-Term Debt | $410.0M | $1.738B |
| YoY Change | -80.81% | 123.11% |
| Long-Term Debt Due | $61.00M | $33.00M |
| YoY Change | -7.58% | -10.81% |
| Total Short-Term Liabilities | $6.660B | $6.982B |
| YoY Change | -3.7% | 8.64% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $3.620B | $1.580B |
| YoY Change | 120.87% | -1.56% |
| Other Long-Term Liabilities | $1.510B | $1.431B |
| YoY Change | -4.79% | 20.45% |
| Total Long-Term Liabilities | $1.510B | $1.431B |
| YoY Change | -4.79% | 20.45% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $6.660B | $6.982B |
| Total Long-Term Liabilities | $1.510B | $1.431B |
| Total Liabilities | $13.93B | $12.06B |
| YoY Change | 14.34% | 8.45% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $15.83B | $14.73B |
| YoY Change | 6.85% | 9.9% |
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $8.172B | $7.744B |
| YoY Change | 5.73% | 26.72% |
| Treasury Stock Shares | 76.20M shares | 74.90M shares |
| Shareholders Equity | $8.109B | $7.068B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $22.96B | $20.08B |
| YoY Change | 13.04% | 1.16% |
Cashflow Statement
| Concept | 2021 Q2 | 2020 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $611.0M | $528.0M |
| YoY Change | 127.14% | -21.08% |
| Depreciation, Depletion And Amortization | $170.0M | $168.0M |
| YoY Change | 3.03% | 7.01% |
| Cash From Operating Activities | $339.0M | $379.0M |
| YoY Change | -1640.91% | -8.01% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $87.00M | $75.00M |
| YoY Change | -196.67% | -31.19% |
| Acquisitions | $0.00 | |
| YoY Change | ||
| Other Investing Activities | -$19.00M | -$6.000M |
| YoY Change | -57.78% | -80.65% |
| Cash From Investing Activities | -$25.00M | -$99.00M |
| YoY Change | -81.48% | 39.44% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | $197.0M | $195.0M |
| YoY Change | 8.94% | |
| Common Stock Issuance & Retirement, Net | $400.0M | $537.0M |
| YoY Change | 437.0% | |
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -$745.0M | $234.0M |
| YoY Change | -429.65% | -167.44% |
| NET CHANGE | ||
| Cash From Operating Activities | $339.0M | $379.0M |
| Cash From Investing Activities | -$25.00M | -$99.00M |
| Cash From Financing Activities | -$745.0M | $234.0M |
| Net Change In Cash | -$443.0M | $562.0M |
| YoY Change | -742.03% | 2148.0% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $339.0M | $379.0M |
| Capital Expenditures | $87.00M | $75.00M |
| Free Cash Flow | $252.0M | $304.0M |
| YoY Change | 270.59% | 0.33% |
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323000000 | USD |
| CY2021Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
393000000 | USD |
| CY2020Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
484000000 | USD |
| CY2021Q2 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
623000000 | USD |
| CY2020Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
674000000 | USD |
| CY2021Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
773000000 | USD |
| CY2020Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
691000000 | USD |
| CY2021Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1121000000 | USD |
| CY2020Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1112000000 | USD |
| CY2021Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
61000000 | USD |
| CY2020Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
62000000 | USD |
| CY2021Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
6660000000 | USD |
| CY2020Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
6335000000 | USD |
| CY2021Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
3620000000 | USD |
| CY2020Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
3610000000 | USD |
| CY2021Q2 | us-gaap |
Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
621000000 | USD |
| CY2020Q4 | us-gaap |
Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
630000000 | USD |
| CY2021Q2 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
692000000 | USD |
| CY2020Q4 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
672000000 | USD |
| CY2021Q2 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
828000000 | USD |
| CY2020Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
840000000 | USD |
| CY2021Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1510000000 | USD |
| CY2020Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1548000000 | USD |
| CY2021Q2 | us-gaap |
Liabilities
Liabilities
|
13931000000 | USD |
| CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
13635000000 | USD |
| CY2021Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2020Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2021Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
2.50 | |
| CY2021Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2021Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
222400000 | shares |
| CY2020Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
222400000 | shares |
| CY2021Q2 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
2393000000 | USD |
| CY2020Q4 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
2404000000 | USD |
| CY2021Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
15825000000 | USD |
| CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
15419000000 | USD |
| CY2021Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
76200000 | shares |
| CY2020Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
74800000 | shares |
| CY2021Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
8172000000 | USD |
| CY2020Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
7779000000 | USD |
| CY2021Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-1937000000 | USD |
| CY2020Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-1982000000 | USD |
| CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8109000000 | USD |
| CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8062000000 | USD |
| CY2021Q2 | us-gaap |
Minority Interest
MinorityInterest
|
922000000 | USD |
| CY2020Q4 | us-gaap |
Minority Interest
MinorityInterest
|
927000000 | USD |
| CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9031000000 | USD |
| CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8989000000 | USD |
| CY2021Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
22962000000 | USD |
| CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
22624000000 | USD |
| CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
611000000 | USD |
| CY2020Q1 | us-gaap |
Profit Loss
ProfitLoss
|
528000000 | USD |
| CY2021Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
170000000 | USD |
| CY2020Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
168000000 | USD |
| CY2021Q2 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
8000000 | USD |
| CY2020Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-11000000 | USD |
| CY2021Q2 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
136000000 | USD |
| CY2020Q1 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
78000000 | USD |
| CY2021Q2 | us-gaap |
Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
|
20000000 | USD |
| CY2020Q1 | us-gaap |
Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
|
27000000 | USD |
| CY2021Q2 | us-gaap |
Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
|
51000000 | USD |
| CY2020Q1 | us-gaap |
Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
|
60000000 | USD |
| CY2021Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8000000 | USD |
| CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4000000 | USD |
| CY2021Q2 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
0 | USD |
| CY2020Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
48000000 | USD |
| CY2021Q2 | us-gaap |
Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
|
-32000000 | USD |
| CY2020Q1 | us-gaap |
Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
|
17000000 | USD |
| CY2021Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-1000000 | USD |
| CY2020Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-3000000 | USD |
| CY2021Q2 | us-gaap |
Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
|
374000000 | USD |
| CY2020Q1 | us-gaap |
Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
|
-107000000 | USD |
| CY2021Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
336000000 | USD |
| CY2020Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
171000000 | USD |
| CY2021Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
24000000 | USD |
| CY2020Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-79000000 | USD |
| CY2021Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
465000000 | USD |
| CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
171000000 | USD |
| CY2021Q2 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-24000000 | USD |
| CY2020Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-321000000 | USD |
| CY2021Q2 | us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
0 | USD |
| CY2020Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
-28000000 | USD |
| CY2021Q2 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
31000000 | USD |
| CY2020Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
30000000 | USD |
| CY2021Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
339000000 | USD |
| CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
379000000 | USD |
| CY2021Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
87000000 | USD |
| CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
75000000 | USD |
| CY2021Q2 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
11000000 | USD |
| CY2020Q1 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
8000000 | USD |
| CY2021Q2 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
24000000 | USD |
| CY2020Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
7000000 | USD |
| CY2021Q2 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
143000000 | USD |
| CY2020Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
116000000 | USD |
| CY2021Q2 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
207000000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
95000000 | USD |
| CY2021Q2 | us-gaap |
Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
-14000000 | USD |
| CY2020Q1 | us-gaap |
Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
-6000000 | USD |
| CY2021Q2 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-19000000 | USD |
| CY2020Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-6000000 | USD |
| CY2021Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-25000000 | USD |
| CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-99000000 | USD |
| CY2021Q2 | us-gaap |
Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
|
-6000000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
|
957000000 | USD |
| CY2021Q2 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
16000000 | USD |
| CY2020Q1 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
10000000 | USD |
| CY2021Q2 | us-gaap |
Proceeds From Repayments Of Short Term Debt Maturing In More Than Three Months
ProceedsFromRepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
|
-102000000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt Maturing In More Than Three Months
ProceedsFromRepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
|
25000000 | USD |
| CY2021Q2 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
13000000 | USD |
| CY2020Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
13000000 | USD |
| CY2021Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
197000000 | USD |
| CY2020Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
195000000 | USD |
| CY2021Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
418000000 | USD |
| CY2020Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
550000000 | USD |
| CY2021Q2 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
18000000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
13000000 | USD |
| CY2021Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-11000000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
7000000 | USD |
| CY2021Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-745000000 | USD |
| CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
234000000 | USD |
| CY2021Q2 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-12000000 | USD |
| CY2020Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
48000000 | USD |
| CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-443000000 | USD |
| CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
562000000 | USD |
| CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3401000000 | USD |
| CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1129000000 | USD |
| CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2958000000 | USD |
| CY2020Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1691000000 | USD |
| CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8989000000 | USD |
| CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
611000000 | USD |
| CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
45000000 | USD |
| CY2021Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
418000000 | USD |
| CY2021Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.35 | |
| CY2021Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
197000000 | USD |
| CY2021Q2 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
13000000 | USD |
| CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
|
18000000 | USD |
| CY2021Q2 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
4000000 | USD |
| CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9031000000 | USD |
| CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8465000000 | USD |
| CY2020Q1 | us-gaap |
Profit Loss
ProfitLoss
|
528000000 | USD |
| CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-239000000 | USD |
| CY2020Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
9000000 | USD |
| CY2020Q1 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
18000000 | USD |
| CY2020Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
550000000 | USD |
| CY2020Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.311 | |
| CY2020Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
195000000 | USD |
| CY2020Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
13000000 | USD |
| CY2020Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
|
13000000 | USD |
| CY2020Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
14000000 | USD |
| CY2020Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8018000000 | USD |
| CY2021Q2 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 1. NATURE OF OPERATIONS AND BASIS OF PRESENTATION</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Overview</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cummins Inc. (“Cummins,” “we,” “our” or “us”) was founded in 1919 as Cummins Engine Company, a corporation in Columbus, Indiana, and one of the first diesel engine manufacturers. In 2001, we changed our name to Cummins Inc. We are a global power leader that designs, manufactures, distributes and services diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batteries, electrified power systems, hydrogen production and fuel cell products. We sell our products to original equipment manufacturers (OEMs), distributors, dealers and other customers worldwide. We serve our customers through a network of over 500 wholly-owned, joint venture and independent distributor locations and over 9,000 Cummins certified dealer locations with service to approximately 190 countries and territories.</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Interim Condensed Financial Statements</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The unaudited </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Condensed Consolidated Financial Statements</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> reflect all adjustments which, in the opinion of management, are necessary for a fair statement of the results of operations, financial position and cash flows. All such adjustments are of a normal recurring nature. The </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Condensed Consolidated Financial Statements</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> were prepared in accordance with accounting principles in the United States of America (GAAP) pursuant to the rules and regulations of the Securities and Exchange Commission (SEC) for interim financial information. Certain information and footnote disclosures normally included in annual financial statements were condensed or omitted as permitted by such rules and regulations. </span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">These interim condensed financial statements should be read in conjunction with the </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Consolidated Financial Statements</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> included in our </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="http://www.sec.gov/ix?doc=/Archives/edgar/data/26172/000002617221000012/cmi-20201231.htm" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Annual Report on Form 10-K for the year ended December 31, 2020</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Our interim period financial results for the three month periods presented are not necessarily indicative of results to be expected for any other interim period or for the entire year. The year-end </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Condensed Consolidated Balance Sheet</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> data was derived from audited financial statements, but does not include all required annual disclosures.</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain amounts for prior year periods were reclassified to conform to the current year presentation.</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates in Preparation of Financial Statements</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Preparation of financial statements requires management to make estimates and assumptions that affect reported amounts presented and disclosed in our </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Condensed Consolidated Financial Statements</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Significant estimates and assumptions in these </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Condensed Consolidated Financial Statements </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">require the exercise of judgment. Due to the inherent uncertainty involved in making estimates, actual results reported in future periods may be different from these estimates.</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reporting Period</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our reporting period usually ends on the Sunday closest to the last day of the quarterly calendar period. The first quarters of 2021 and 2020 ended on April 4 and March 29, respectively. Our fiscal year ends on December 31, regardless of the day of the week on which December 31 falls.</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Weighted-Average Diluted Shares Outstanding </span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The weighted-average diluted common shares outstanding exclude the anti-dilutive effect of certain stock options. The options excluded from diluted earnings per share were as follows: </span></div><div style="margin-bottom:6pt;margin-top:8pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:40.000%"><tr><td style="width:1.0%"/><td style="width:41.608%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.677%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.536%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.679%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:1pt;font-weight:700;line-height:100%"> </span></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three months ended</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:1pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">April 4,<br/>2021</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">March 29,<br/>2020</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Options excluded</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2,780</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,234,188 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div> | |
| CY2021Q2 | cmi |
Company Owned And Independent Distributor Locations Number
CompanyOwnedAndIndependentDistributorLocationsNumber
|
500 | location |
| CY2021Q2 | cmi |
Dealer Locations Number
DealerLocationsNumber
|
9000 | location |
| CY2021Q2 | cmi |
Countries And Territories Number
CountriesAndTerritoriesNumber
|
190 | country |
| CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2780 | shares |
| CY2020Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1234188 | shares |
| CY2021Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
847000000 | USD |
| CY2021Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
152000000 | USD |
| CY2021Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P12M | |
| CY2021Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
695000000 | USD |
| CY2021Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P10Y | |
| CY2021Q2 | us-gaap |
Contract With Customer Receivable Before Allowance For Credit Loss
ContractWithCustomerReceivableBeforeAllowanceForCreditLoss
|
153000000 | USD |
| CY2020Q4 | us-gaap |
Contract With Customer Receivable Before Allowance For Credit Loss
ContractWithCustomerReceivableBeforeAllowanceForCreditLoss
|
114000000 | USD |
| CY2021Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
1601000000 | USD |
| CY2020Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
1531000000 | USD |
| CY2021Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
154000000 | USD |
| CY2020Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
112000000 | USD |
| CY2021Q2 | us-gaap |
Revenues
Revenues
|
6092000000 | USD |
| CY2020Q1 | us-gaap |
Revenues
Revenues
|
5011000000 | USD |
| CY2021Q2 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
35000000 | USD |
| CY2020Q1 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
34000000 | USD |
| CY2021Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
166000000 | USD |
| CY2020Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
129000000 | USD |
| CY2021Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
1000000 | USD |
| CY2021Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | USD |
| CY2021Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
1000000 | USD |
| CY2020Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
1000000 | USD |
| CY2020Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | USD |
| CY2020Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
1000000 | USD |
| CY2021Q2 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
388000000 | USD |
| CY2021Q2 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
|
9000000 | USD |
| CY2021Q2 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
397000000 | USD |
| CY2020Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
451000000 | USD |
| CY2020Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
|
10000000 | USD |
| CY2020Q4 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
461000000 | USD |
| CY2021Q2 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
163000000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
53000000 | USD |
| CY2021Q2 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
44000000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
42000000 | USD |
| CY2021Q2 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
207000000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
95000000 | USD |
| CY2021Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
2320000000 | USD |
| CY2020Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
2216000000 | USD |
| CY2021Q2 | us-gaap |
Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
|
1585000000 | USD |
| CY2020Q4 | us-gaap |
Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
|
1346000000 | USD |
| CY2021Q2 | us-gaap |
Fifo Inventory Amount
FIFOInventoryAmount
|
3905000000 | USD |
| CY2020Q4 | us-gaap |
Fifo Inventory Amount
FIFOInventoryAmount
|
3562000000 | USD |
| CY2021Q2 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
152000000 | USD |
| CY2020Q4 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
137000000 | USD |
| CY2021Q2 | us-gaap |
Inventory Net
InventoryNet
|
3753000000 | USD |
| CY2020Q4 | us-gaap |
Inventory Net
InventoryNet
|
3425000000 | USD |
| CY2021Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
466000000 | USD |
| CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
438000000 | USD |
| CY2021Q2 | us-gaap |
Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
|
462000000 | USD |
| CY2020Q4 | us-gaap |
Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
|
508000000 | USD |
| CY2021Q2 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
|
439000000 | USD |
| CY2020Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
|
479000000 | USD |
| CY2021Q2 | us-gaap |
Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
|
38000000 | USD |
| CY2020Q4 | us-gaap |
Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
|
0 | USD |
| CY2021Q2 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
308000000 | USD |
| CY2020Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
308000000 | USD |
| CY2021Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1713000000 | USD |
| CY2020Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1733000000 | USD |
| CY2021Q2 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
279000000 | USD |
| CY2020Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
242000000 | USD |
| CY2021Q2 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
|
242000000 | USD |
| CY2020Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
|
256000000 | USD |
| CY2021Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
125000000 | USD |
| CY2020Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
128000000 | USD |
| CY2021Q2 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
94000000 | USD |
| CY2020Q4 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
82000000 | USD |
| CY2021Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
381000000 | USD |
| CY2020Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
404000000 | USD |
| CY2021Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1121000000 | USD |
| CY2020Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1112000000 | USD |
| CY2021Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
343000000 | USD |
| CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
325000000 | USD |
| CY2021Q2 | us-gaap |
Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
|
322000000 | USD |
| CY2020Q4 | us-gaap |
Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
|
325000000 | USD |
| CY2021Q2 | us-gaap |
Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiability
|
289000000 | USD |
| CY2020Q4 | us-gaap |
Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiability
|
289000000 | USD |
| CY2021Q2 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
192000000 | USD |
| CY2020Q4 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
203000000 | USD |
| CY2021Q2 | us-gaap |
Derivative Instruments And Hedges Liabilities Noncurrent
DerivativeInstrumentsAndHedgesLiabilitiesNoncurrent
|
0 | USD |
| CY2020Q4 | us-gaap |
Derivative Instruments And Hedges Liabilities Noncurrent
DerivativeInstrumentsAndHedgesLiabilitiesNoncurrent
|
41000000 | USD |
| CY2021Q2 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
364000000 | USD |
| CY2020Q4 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
365000000 | USD |
| CY2021Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1510000000 | USD |
| CY2020Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1548000000 | USD |
| CY2021Q2 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
93000000 | USD |
| CY2020Q4 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
169000000 | USD |
| CY2021Q2 | us-gaap |
Commercial Paper
CommercialPaper
|
317000000 | USD |
| CY2020Q4 | us-gaap |
Commercial Paper
CommercialPaper
|
323000000 | USD |
| CY2021Q2 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
3500000000 | USD |
| CY2020Q3 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
1500000000 | USD |
| CY2018Q3 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
2000000000.0 | USD |
| CY2021Q2 | us-gaap |
Commercial Paper
CommercialPaper
|
317000000 | USD |
| CY2021Q2 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
3500000000 | USD |
| CY2021Q2 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
3200000000 | USD |
| CY2021Q2 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
146000000 | USD |
| CY2020Q4 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
132000000 | USD |
| CY2021Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
71000000 | USD |
| CY2020Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
72000000 | USD |
| CY2021Q2 | us-gaap |
Interest Rate Fair Value Hedge Liability At Fair Value
InterestRateFairValueHedgeLiabilityAtFairValue
|
44000000 | USD |
| CY2020Q4 | us-gaap |
Interest Rate Fair Value Hedge Liability At Fair Value
InterestRateFairValueHedgeLiabilityAtFairValue
|
48000000 | USD |
| CY2021Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
89000000 | USD |
| CY2020Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
91000000 | USD |
| CY2021Q2 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
3681000000 | USD |
| CY2020Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
3672000000 | USD |
| CY2021Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
61000000 | USD |
| CY2020Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
62000000 | USD |
| CY2021Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
3620000000 | USD |
| CY2020Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
3610000000 | USD |
| CY2021Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
51000000 | USD |
| CY2021Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
57000000 | USD |
| CY2021Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
534000000 | USD |
| CY2021Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
30000000 | USD |
| CY2021Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
506000000 | USD |
| CY2021Q2 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
500000000 | USD |
| CY2021Q2 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
4338000000 | USD |
| CY2020Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
4665000000 | USD |
| CY2021Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
4091000000 | USD |
| CY2020Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
4164000000 | USD |
| CY2020Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
2307000000 | USD |
| CY2019Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
2389000000 | USD |
| CY2021Q2 | us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
157000000 | USD |
| CY2020Q1 | us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
97000000 | USD |
| CY2021Q2 | us-gaap |
Extended Product Warranty Accrual Warranties Issued
ExtendedProductWarrantyAccrualWarrantiesIssued
|
65000000 | USD |
| CY2020Q1 | us-gaap |
Extended Product Warranty Accrual Warranties Issued
ExtendedProductWarrantyAccrualWarrantiesIssued
|
66000000 | USD |
| CY2021Q2 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
3000000 | USD |
| CY2020Q1 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
2000000 | USD |
| CY2021Q2 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
146000000 | USD |
| CY2020Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
961000000 | USD |
| CY2020Q1 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
138000000 | USD |
| CY2021Q2 | us-gaap |
Extended Product Warranty Accrual Period Increase Decrease
ExtendedProductWarrantyAccrualPeriodIncreaseDecrease
|
-61000000 | USD |
| CY2020Q1 | us-gaap |
Extended Product Warranty Accrual Period Increase Decrease
ExtendedProductWarrantyAccrualPeriodIncreaseDecrease
|
-57000000 | USD |
| CY2021Q2 | us-gaap |
Extended Product Warranty Accrual Preexisting Increase Decrease
ExtendedProductWarrantyAccrualPreexistingIncreaseDecrease
|
-44000000 | USD |
| CY2020Q1 | us-gaap |
Extended Product Warranty Accrual Preexisting Increase Decrease
ExtendedProductWarrantyAccrualPreexistingIncreaseDecrease
|
-15000000 | USD |
| CY2021Q2 | us-gaap |
Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
|
-6000000 | USD |
| CY2020Q1 | us-gaap |
Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
|
-12000000 | USD |
| CY2021Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
2275000000 | USD |
| CY2020Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
2332000000 | USD |
| CY2021Q2 | us-gaap |
Product Liability Contingency Third Party Recovery
ProductLiabilityContingencyThirdPartyRecovery
|
4000000 | USD |
| CY2020Q1 | us-gaap |
Product Liability Contingency Third Party Recovery
ProductLiabilityContingencyThirdPartyRecovery
|
9000000 | USD |
| CY2021Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
960000000 | USD |
| CY2021Q2 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
1315000000 | USD |
| CY2020Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
1346000000 | USD |
| CY2021Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
2275000000 | USD |
| CY2020Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
2307000000 | USD |
| us-gaap |
Product Liability Accrual Period Expense
ProductLiabilityAccrualPeriodExpense
|
410000000 | USD | |
| CY2020Q4 | us-gaap |
Product Liability Accrual Period Expense
ProductLiabilityAccrualPeriodExpense
|
20000000 | USD |
| us-gaap |
Product Liability Accrual Period Expense
ProductLiabilityAccrualPeriodExpense
|
430000000 | USD | |
| CY2021Q2 | us-gaap |
Product Liability Contingency Accrual Present Value
ProductLiabilityContingencyAccrualPresentValue
|
129000000 | USD |
| CY2021Q2 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
31000000 | USD |
| CY2021Q2 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
|
74000000 | USD |
| CY2021Q2 | us-gaap |
Purchase Obligation
PurchaseObligation
|
39000000 | USD |
| CY2021Q2 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
100000000 | USD |
| CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
48000000 | USD |
| CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
21000000 | USD |
| CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
27000000 | USD |
| CY2021Q2 | cmi |
Segment Reporting Information Income Lossbefore Interest Expense Income Taxes Depreciation Amortizationand Noncontrollinginterests
SegmentReportingInformationIncomeLossbeforeInterestExpenseIncomeTaxesDepreciationAmortizationandNoncontrollinginterests
|
980000000 | USD |
| CY2021Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-18000000 | USD |
| CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
45000000 | USD |
| CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
-279000000 | USD |
| CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
-26000000 | USD |
| CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-253000000 | USD |
| CY2020Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-14000000 | USD |
| CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-239000000 | USD |
| CY2021Q2 | us-gaap |
Revenues
Revenues
|
6092000000 | USD |
| CY2021Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
260000000 | USD |
| CY2021Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
166000000 | USD |
| CY2021Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
6000000 | USD |
| CY2021Q2 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
169000000 | USD |
| CY2020Q1 | us-gaap |
Revenues
Revenues
|
5011000000 | USD |
| CY2020Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
238000000 | USD |
| CY2020Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
129000000 | USD |
| CY2020Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
7000000 | USD |
| CY2020Q1 | cmi |
Segment Reporting Information Income Lossbefore Interest Expense Income Taxes Depreciation Amortizationand Noncontrollinginterests
SegmentReportingInformationIncomeLossbeforeInterestExpenseIncomeTaxesDepreciationAmortizationandNoncontrollinginterests
|
846000000 | USD |
| CY2020Q1 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
168000000 | USD |
| CY2021Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1000000 | USD |
| CY2020Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1000000 | USD |
| CY2021Q2 | cmi |
Segment Reporting Information Income Lossbefore Interest Expense Income Taxes Depreciation Amortizationand Noncontrollinginterests
SegmentReportingInformationIncomeLossbeforeInterestExpenseIncomeTaxesDepreciationAmortizationandNoncontrollinginterests
|
980000000 | USD |
| CY2020Q1 | cmi |
Segment Reporting Information Income Lossbefore Interest Expense Income Taxes Depreciation Amortizationand Noncontrollinginterests
SegmentReportingInformationIncomeLossbeforeInterestExpenseIncomeTaxesDepreciationAmortizationandNoncontrollinginterests
|
846000000 | USD |
| CY2021Q2 | us-gaap |
Interest Expense
InterestExpense
|
28000000 | USD |
| CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
23000000 | USD |
| CY2021Q2 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
169000000 | USD |
| CY2020Q1 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
168000000 | USD |
| CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
783000000 | USD |
| CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
655000000 | USD |
| CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
172000000 | USD |
| CY2020Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
127000000 | USD |
| CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
611000000 | USD |
| CY2020Q1 | us-gaap |
Profit Loss
ProfitLoss
|
528000000 | USD |
| CY2021Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
8000000 | USD |
| CY2020Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
17000000 | USD |
| CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
603000000 | USD |
| CY2020Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
511000000 | USD |
