Cummins Inc. (CMI)

Cummins Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,733	2,179	2,101	2,592	3,401	1,129
Short-Term Investments	518	562	472	595	461	341
Cash & Short-Term Investments	2,251	2,741	2,573	3,187	3,862	1,470
Cash Growth	-20.71%	6.53%	-19.27%	-17.48%	162.72%	-3.61%
Accounts Receivable	5,387	5,583	5,202	3,990	3,820	3,670
Other Receivables	-	81	83	101	172	191
Receivables	5,387	5,664	5,285	4,091	3,992	3,861
Inventory	6,134	5,677	5,603	4,355	3,425	3,486
Prepaid Expenses	1,467	1,086	945	657	618	570
Other Current Assets	77	30	45	19	-	-
Total Current Assets	15,316	15,198	14,451	12,309	11,897	9,387
Property, Plant & Equipment	6,688	6,750	6,013	4,866	4,693	4,741
Long-Term Investments	1,922	1,800	1,759	1,538	1,441	1,237
Goodwill	2,412	2,499	2,343	1,287	1,293	1,286
Other Intangible Assets	2,462	2,519	2,687	900	963	1,003
Long-Term Deferred Tax Assets	1,073	1,082	625	428	479	441
Other Long-Term Assets	2,179	2,157	2,421	2,382	1,858	1,642
Total Assets	32,052	32,005	30,299	23,710	22,624	19,737
Accounts Payable	4,206	4,260	4,252	3,021	2,820	2,534
Accrued Expenses	2,338	2,544	1,777	1,638	1,386	1,416
Short-Term Debt	2,077	1,776	2,784	521	492	760
Current Portion of Long-Term Debt	654	101	541	45	50	19
Current Portion of Leases	133	155	164	142	140	143
Current Income Taxes Payable	266	242	173	107	82	52
Current Unearned Revenue	1,225	1,220	1,004	855	691	533
Other Current Liabilities	704	2,605	726	755	674	803
Total Current Liabilities	11,603	12,903	11,421	7,084	6,335	6,260
Long-Term Debt	4,813	4,825	4,568	3,523	3,572	1,510
Long-Term Leases	517	468	449	401	404	448
Long-Term Unearned Revenue	1,090	966	844	850	840	821
Long-Term Deferred Tax Liabilities	386	530	649	403	325	306
Other Long-Term Liabilities	1,694	1,748	1,557	1,444	1,529	1,336
Total Liabilities	20,711	22,101	20,074	14,309	13,635	11,272
Common Stock	556	556	556	556	556	556
Additional Paid-In Capital	2,056	2,008	1,687	1,543	1,848	1,790
Retained Earnings	20,660	17,851	18,037	16,741	15,419	14,416
Treasury Stock	-10,783	-9,359	-9,415	-9,123	-7,779	-7,225
Comprehensive Income & Other	-2,174	-2,206	-1,890	-1,571	-1,982	-2,030
Total Common Equity	10,315	8,850	8,975	8,146	8,062	7,507
Minority Interest	1,026	1,054	1,250	1,255	927	958
Shareholders' Equity	11,341	9,904	10,225	9,401	8,989	8,465
Total Liabilities & Equity	32,052	32,005	30,299	23,710	22,624	19,737
Total Debt	8,194	7,325	8,506	4,632	4,658	2,880
Net Cash (Debt)	-5,943	-4,584	-5,933	-1,445	-796	-1,410
Net Cash Per Share	-42.36	-32.12	-41.69	-9.90	-5.34	-9.03
Filing Date Shares Outstanding	137.18	141.86	141.38	142.43	147.66	150.27
Total Common Shares Outstanding	137.18	141.8	141.3	142.5	147.66	150.5
Working Capital	3,713	2,295	3,030	5,225	5,562	3,127
Book Value Per Share	75.19	62.41	63.52	57.16	54.60	49.88
Tangible Book Value	5,441	3,832	3,945	5,959	5,806	5,218
Tangible Book Value Per Share	39.66	27.02	27.92	41.82	39.32	34.67
Land	-	3,039	2,908	2,632	2,613	2,487
Machinery	-	7,245	6,598	5,910	5,851	5,618
Construction In Progress	-	1,390	1,001	816	547	594
Order Backlog	-	303	257	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.