RankingsPricing
  1. US-listed companies
  2. CUMMINS INC

CUMMINS INCCMI

Market cap
$42.6B
P/E ratio
50.8x
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Income statementBalance sheetCash flow
Dec 31,
2010		Dec 31,
2011		Dec 31,
2012		Dec 31,
2013		Dec 31,
2014		Dec 31,
2015		Dec 31,
2016		Dec 31,
2017		Dec 31,
2018		Dec 31,
2019		Dec 31,
2020		Dec 31,
2021		Dec 31,
2022		Dec 31,
2023
Consolidated net income1,1401,9461,7381,5881,7361,4701,4569942,1872,2681,8112,1642,183840
Depreciation and amortization-3253614074555145305836116726736627841,024
Deferred income taxes (Note 5)568511610031-10850-54-97-477-274-457
Equity in income of investees, net of dividends1472315621003646123931410583-6481
Pension and OPEB expense (Note 11)---------7510883248
Pension contributions and OPEB payments (Note 11)---------15012110285134
Business Exit Costs------------111-
Loss (Gain) on corporate owned life insurance----------57--102-
Foreign currency remeasurement and transaction exposure--------7146105-2-3727-
Accounts and notes receivable----89-103265508363-19551174697330
Inventories----256-1504407695-291-46945567-
Other current assets-----1151-14121629539-2109120
Accounts Payable----244-136184639302-310288217538-66
Accrued expenses (Note 2)----168-226-195378433-112121541-1702,934
Changes in other liabilities-----282-292-200-241-75-240-18961-
Other, net-341-13-2030-103173-164-12771183-86-348
Other, net-341-13-2030-103173-164-12771183-86-348
Net cash provided by operating activities1,006-----1,9352,2772,3783,1812,7222,2561,9623,966
Net cash provided by operating activities1,006-----1,9352,2772,3783,1812,7222,2561,9623,966
Capital expenditures3646226906767437445315067097005287349161,213
Acquisitions of businesses, net of cash acquired (Note 24)104-2151474361179466270237--3,191292
Investments in marketable securities—acquisitions8237295614182752824781943684955938061,0731,409
Proceeds from Sale and Maturity of Marketable Securities6907505855253362703062663313894696731,1511,334
Other, net--1--1-13-9-26-5-36-9-27-2514363
Net cash used in investing activities-651------917-1,052-974-1,150-719-873-4,172-1,643
Proceeds from borrowings214127641,0045544111636-2,014792,103861
Net (payments) borrowings of commercial paper------21286482-120-337-102,261-779
Payments on borrowings and finance lease obligations14323714590947616360629673731,5501,136
Dividend payments on common stock (Note 16)172255340420512622676701718761782809855921
Repurchases of common stock (Note 16)2416292563816709007784511,1401,2716411,402374-
Other, net2614204-39-29633113327-1284-27
Payments for Repurchase of Redeemable Noncontrolling Interest-------------175
Net cash (used in) provided by financing activities-267------1,409-1,074-1,400-2,095280-2,2271,669-2,177
Other, net2614204-39-29633113327-1284-27
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS------------50-68
Net cash (used in) provided by financing activities-267------1,409-1,074-1,400-2,095280-2,2271,669-2,177
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS------------50-68
Net increase (decrease) in cash and cash equivalents----------2,272-809-49178