Selected Financial Data
since 2005
Income Statement
Cummins Inc., selected items from income statement, long-term trends
US$ in millions
| 12 months ended: | Net sales | Operating income | Net income attributable to Cummins Inc. |
|---|---|---|---|
| Dec 31, 2023 | 34,065) | 1,761) | 735) |
| Dec 31, 2022 | 28,074) | 2,929) | 2,151) |
| Dec 31, 2021 | 24,021) | 2,706) | 2,131) |
| Dec 31, 2020 | 19,811) | 2,269) | 1,789) |
| Dec 31, 2019 | 23,571) | 2,700) | 2,260) |
| Dec 31, 2018 | 23,771) | 2,786) | 2,141) |
| Dec 31, 2017 | 20,428) | 2,365) | 999) |
| Dec 31, 2016 | 17,509) | 1,928) | 1,394) |
| Dec 31, 2015 | 19,110) | 2,057) | 1,399) |
| Dec 31, 2014 | 19,221) | 2,365) | 1,651) |
| Dec 31, 2013 | 17,301) | 2,101) | 1,483) |
| Dec 31, 2012 | 17,334) | 2,254) | 1,645) |
| Dec 31, 2011 | 18,048) | 2,681) | 1,848) |
| Dec 31, 2010 | 13,226) | 1,602) | 1,040) |
| Dec 31, 2009 | 10,800) | 682) | 428) |
| Dec 31, 2008 | 14,342) | 1,272) | 755) |
| Dec 31, 2007 | 13,048) | 1,158) | 739) |
| Dec 31, 2006 | 11,362) | 1,131) | 715) |
| Dec 31, 2005 | 9,918) | 894) | 550) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Balance Sheet: Assets
Cummins Inc., selected items from assets, long-term trends
US$ in millions
| Current assets | Total assets | |
|---|---|---|
| Dec 31, 2023 | 15,198) | 32,005) |
| Dec 31, 2022 | 14,451) | 30,299) |
| Dec 31, 2021 | 12,309) | 23,710) |
| Dec 31, 2020 | 11,897) | 22,624) |
| Dec 31, 2019 | 9,387) | 19,737) |
| Dec 31, 2018 | 9,818) | 19,062) |
| Dec 31, 2017 | 8,928) | 18,075) |
| Dec 31, 2016 | 7,707) | 15,011) |
| Dec 31, 2015 | 7,947) | 15,134) |
| Dec 31, 2014 | 9,055) | 15,776) |
| Dec 31, 2013 | 8,639) | 14,728) |
| Dec 31, 2012 | 7,167) | 12,548) |
| Dec 31, 2011 | 7,091) | 11,668) |
| Dec 31, 2010 | 6,289) | 10,402) |
| Dec 31, 2009 | 5,003) | 8,816) |
| Dec 31, 2008 | 4,713) | 8,519) |
| Dec 31, 2007 | 4,815) | 8,195) |
| Dec 31, 2006 | 4,488) | 7,465) |
| Dec 31, 2005 | 3,916) | 6,885) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Balance Sheet: Liabilities and Stockholders’ Equity
Cummins Inc., selected items from liabilities and stockholders’ equity, long-term trends
US$ in millions
| Current liabilities | Total liabilities | Total debt | Total Cummins Inc. shareholders’ equity | |
|---|---|---|---|---|
| Dec 31, 2023 | 12,903) | 22,101) | 6,696) | 8,850) |
| Dec 31, 2022 | 11,421) | 20,074) | 7,855) | 8,975) |
| Dec 31, 2021 | 7,084) | 14,309) | 4,159) | 8,474) |
| Dec 31, 2020 | 6,335) | 13,635) | 4,164) | 8,062) |
| Dec 31, 2019 | 6,260) | 11,272) | 2,367) | 7,507) |
| Dec 31, 2018 | 6,384) | 10,803) | 2,476) | 7,348) |
| Dec 31, 2017 | 5,677) | 9,911) | 2,006) | 7,259) |
| Dec 31, 2016 | 4,325) | 7,837) | 1,856) | 6,875) |
| Dec 31, 2015 | 3,803) | 7,384) | 1,639) | 7,406) |
| Dec 31, 2014 | 4,021) | 7,683) | 1,698) | 7,749) |
| Dec 31, 2013 | 3,368) | 6,858) | 1,740) | 7,510) |
| Dec 31, 2012 | 3,136) | 5,574) | 775) | 6,603) |
| Dec 31, 2011 | 3,657) | 5,837) | 783) | 5,492) |
| Dec 31, 2010 | 3,260) | 5,406) | 843) | 4,670) |
| Dec 31, 2009 | 2,432) | 4,796) | 704) | 3,773) |
| Dec 31, 2008 | 2,639) | 5,039) | 698) | 3,230) |
| Dec 31, 2007 | 2,711) | 4,493) | 674) | 3,409) |
| Dec 31, 2006 | 2,399) | 4,409) | 811) | 2,802) |
| Dec 31, 2005 | 2,218) | 4,796) | 1,367) | 1,864) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Cash Flow Statement
Cummins Inc., selected items from cash flow statement, long-term trends
US$ in millions
| 12 months ended: | Net cash provided by operating activities | Net cash used in investing activities | Net cash provided by (used in) financing activities |
|---|---|---|---|
| Dec 31, 2023 | 3,966) | (1,643) | (2,177) |
| Dec 31, 2022 | 1,962) | (4,172) | 1,669) |
| Dec 31, 2021 | 2,256) | (873) | (2,227) |
| Dec 31, 2020 | 2,722) | (719) | 280) |
| Dec 31, 2019 | 3,181) | (1,150) | (2,095) |
| Dec 31, 2018 | 2,378) | (974) | (1,400) |
| Dec 31, 2017 | 2,277) | (1,052) | (1,074) |
| Dec 31, 2016 | 1,935) | (917) | (1,409) |
| Dec 31, 2015 | 2,059) | (918) | (1,644) |
| Dec 31, 2014 | 2,266) | (1,234) | (1,343) |
| Dec 31, 2013 | 2,089) | (846) | 52) |
| Dec 31, 2012 | 1,532) | (982) | (694) |
| Dec 31, 2011 | 2,073) | (552) | (1,025) |
| Dec 31, 2010 | 1,006) | (651) | (267) |
| Dec 31, 2009 | 1,137) | (509) | (141) |
| Dec 31, 2008 | 987) | (848) | (237) |
| Dec 31, 2007 | 810) | (515) | (576) |
| Dec 31, 2006 | 840) | (277) | (508) |
| Dec 31, 2005 | 760) | (212) | (372) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Per Share Data
Cummins Inc., selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Dec 31, 2023 | 5.19 | 5.15 | 6.50 |
| Dec 31, 2022 | 15.20 | 15.12 | 6.04 |
| Dec 31, 2021 | 14.74 | 14.61 | 5.60 |
| Dec 31, 2020 | 12.07 | 12.01 | 5.28 |
| Dec 31, 2019 | 14.54 | 14.48 | 4.90 |
| Dec 31, 2018 | 13.20 | 13.15 | 4.44 |
| Dec 31, 2017 | 5.99 | 5.97 | 4.21 |
| Dec 31, 2016 | 8.25 | 8.23 | 4.00 |
| Dec 31, 2015 | 7.86 | 7.84 | 3.51 |
| Dec 31, 2014 | 9.04 | 9.02 | 2.81 |
| Dec 31, 2013 | 7.93 | 7.91 | 2.25 |
| Dec 31, 2012 | 8.69 | 8.67 | 1.80 |
| Dec 31, 2011 | 9.58 | 9.55 | 1.33 |
| Dec 31, 2010 | 5.29 | 5.28 | 0.88 |
| Dec 31, 2009 | 2.17 | 2.16 | 0.70 |
| Dec 31, 2008 | 3.87 | 3.84 | 0.60 |
| Dec 31, 2007 | 3.72 | 3.70 | 0.43 |
| Dec 31, 2006 | 3.76 | 3.55 | 0.33 |
| Dec 31, 2005 | 3.11 | 2.75 | 0.30 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1, 2, 3 Data adjusted for splits and stock dividends.