CUMMINS INC. (CMI) FY2025 Annual Balance Sheet

CUMMINS INC. (CMI) FY2025 Annual Balance Sheet

Balance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.

Assets

33,992,000,000 US dollars

Current assets

16,925,000,000 US dollars

Non-current assets

17,067,000,000 US dollars

Liabilities

20,584,000,000 US dollars

Current liabilities

9,610,000,000 US dollars

Non-current liabilities

10,974,000,000 US dollars

Equity

13,408,000,000 US dollars

Noncontrolling interest

1,059,000,000 US dollars. Included in consolidated equity; this amount is not added again.

Inventories (Note 6)

5,822,000,000 US dollars

Trade and other

5,818,000,000 US dollars

Cash and cash equivalents

2,845,000,000 US dollars

Prepaid expenses and other current assets

1,676,000,000 US dollars

Marketable securities (Note 5)

764,000,000 US dollars

Property, plant and equipment, net (Note 7)

6,958,000,000 US dollars

Other assets (Note 11)

2,552,000,000 US dollars

Goodwill (Note 9)

2,224,000,000 US dollars

Other intangible assets, net (Note 9)

2,167,000,000 US dollars

Investments and advances related to equity method investees (Note 3)

2,133,000,000 US dollars

Pension assets (Note 10)

1,033,000,000 US dollars

Accounts payable (principally trade)

3,800,000,000 US dollars

Other accrued expenses (Note 11)

1,926,000,000 US dollars

Current portion of deferred revenue (Note 2)

1,606,000,000 US dollars

Accrued compensation, benefits and retirement costs

825,000,000 US dollars

Current portion of accrued product warranty (Note 13)

693,000,000 US dollars

Commercial paper (Note 12)

353,000,000 US dollars

Loans payable (Note 12)

313,000,000 US dollars

Current maturities of long-term debt (Note 12)

94,000,000 US dollars

Long-term debt (Note 12)

6,792,000,000 US dollars

Other liabilities (Note 11)

3,128,000,000 US dollars

Deferred revenue (Note 2)

1,054,000,000 US dollars

Retained earnings

22,616,000,000 US dollars

Common stock, $2.50 par value, 500 shares authorized, 222.5 and 222.5 shares issued

2,673,000,000 US dollars

Noncontrolling interests (Note 17)

1,059,000,000 US dollars

Treasury stock, at cost, 84.4 and 85.1 shares

negative 10,662,000,000 US dollars

Accumulated other comprehensive loss (Note 16)

negative 2,278,000,000 US dollars

Gross equity (calculated)

26,348,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.