Cummins Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,845	1,671	2,179	2,101	2,592
Short-Term Investments	764	593	562	472	595
Cash & Short-Term Investments	3,609	2,264	2,741	2,573	3,187
Cash Growth	59.41%	-17.40%	6.53%	-19.27%	-17.48%
Accounts Receivable	5,818	5,181	5,583	5,202	3,990
Other Receivables	-	121	81	83	101
Receivables	5,818	5,302	5,664	5,285	4,091
Inventory	5,822	5,742	5,677	5,603	4,355
Prepaid Expenses	1,676	1,378	1,086	945	657
Other Current Assets	-	66	30	45	19
Total Current Assets	16,925	14,752	15,198	14,451	12,309
Property, Plant & Equipment	6,958	6,888	6,750	6,013	4,866
Long-Term Investments	2,133	1,889	1,800	1,759	1,538
Goodwill	2,224	2,370	2,499	2,343	1,287
Other Intangible Assets	2,167	2,351	2,519	2,687	900
Long-Term Deferred Tax Assets	-	1,119	1,082	625	428
Other Long-Term Assets	3,585	2,171	2,157	2,421	2,382
Total Assets	33,992	31,540	32,005	30,299	23,710
Accounts Payable	3,800	3,951	4,260	4,252	3,021
Accrued Expenses	2,751	2,542	2,544	1,777	1,638
Short-Term Debt	666	1,615	1,776	2,784	521
Current Portion of Long-Term Debt	94	640	101	541	45
Current Portion of Leases	-	150	155	164	142
Current Income Taxes Payable	-	244	242	173	107
Current Unearned Revenue	1,606	1,347	1,220	1,004	855
Other Current Liabilities	693	745	2,605	726	755
Total Current Liabilities	9,610	11,234	12,903	11,421	7,084
Long-Term Debt	6,792	4,768	4,825	4,568	3,523
Long-Term Leases	-	514	468	449	401
Long-Term Unearned Revenue	1,054	1,065	966	844	850
Pension & Post-Retirement Benefits	-	607	661	586	604
Long-Term Deferred Tax Liabilities	-	389	530	649	403
Other Long-Term Liabilities	3,128	1,655	1,748	1,557	1,444
Total Liabilities	20,584	20,232	22,101	20,074	14,309
Common Stock	2,673	556	556	556	556
Additional Paid-In Capital	-	2,080	2,008	1,687	1,543
Retained Earnings	22,616	20,828	17,851	18,037	16,741
Treasury Stock	-10,662	-10,748	-9,359	-9,415	-9,123
Comprehensive Income & Other	-2,278	-2,445	-2,206	-1,890	-1,571
Total Common Equity	12,349	10,271	8,850	8,975	8,146
Minority Interest	1,059	1,037	1,054	1,250	1,255
Shareholders' Equity	13,408	11,308	9,904	10,225	9,401
Total Liabilities & Equity	33,992	31,540	32,005	30,299	23,710
Total Debt	7,552	7,687	7,325	8,506	4,632
Net Cash (Debt)	-3,943	-5,423	-4,584	-5,933	-1,445
Net Cash Per Share	-28.43	-38.99	-32.12	-41.69	-9.90
Filing Date Shares Outstanding	138.1	137.48	141.86	141.38	142.43
Total Common Shares Outstanding	138.1	137.4	141.8	141.3	142.5
Working Capital	7,315	3,518	2,295	3,030	5,225
Book Value Per Share	89.42	74.75	62.41	63.52	57.16
Tangible Book Value	7,958	5,550	3,832	3,945	5,959
Tangible Book Value Per Share	57.62	40.39	27.02	27.92	41.82
Land	-	3,012	3,039	2,908	2,632
Machinery	-	7,266	7,245	6,598	5,910
Construction In Progress	-	1,518	1,390	1,001	816
Order Backlog	-	403	303	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.