CUMMINS INC. (CMI) FY2025 Q1 Balance Sheet

CUMMINS INC. (CMI) FY2025 Q1 Balance Sheet

Balance sheet as of 2025-03-31. The chart shows assets, liabilities and equity at that date.

Assets

32,531,000,000 US dollars

Current assets

15,540,000,000 US dollars

Non-current assets

16,991,000,000 US dollars

Liabilities

20,560,000,000 US dollars

Current liabilities

11,575,000,000 US dollars

Non-current liabilities

8,985,000,000 US dollars

Equity

11,971,000,000 US dollars

Noncontrolling interest

1,047,000,000 US dollars. Included in consolidated equity; this amount is not added again.

Property, plant and equipment

12,007,000,000 US dollars. Part of Property, plant and equipment, net, drawn as one net amount.

Accumulated depreciation

negative 5,600,000,000 US dollars. Part of Property, plant and equipment, net, drawn as one net amount.

Inventories (Note 7)

6,123,000,000 US dollars

Accounts and notes receivable, net

5,680,000,000 US dollars

Prepaid expenses and other current assets

1,579,000,000 US dollars

Cash and cash equivalents

1,532,000,000 US dollars

Marketable securities (Note 6)

626,000,000 US dollars

Property, plant and equipment, net

6,407,000,000 US dollars

Other assets (Note 8)

2,646,000,000 US dollars

Other intangible assets, net

2,401,000,000 US dollars

Goodwill

2,397,000,000 US dollars

Investments and advances related to equity method investees

1,990,000,000 US dollars

Pension assets

1,150,000,000 US dollars

Accounts payable (principally trade)

4,311,000,000 US dollars

Other accrued expenses (Note 8)

1,858,000,000 US dollars

Commercial paper (Note 9)

1,740,000,000 US dollars

Current portion of deferred revenue (Note 2)

1,506,000,000 US dollars

Current portion of accrued product warranty (Note 10)

685,000,000 US dollars

Current maturities of long-term debt (Note 9)

661,000,000 US dollars

Accrued compensation, benefits and retirement costs

523,000,000 US dollars

Loans payable (Note 9)

291,000,000 US dollars

Long-term debt (Note 9)

4,796,000,000 US dollars

Other liabilities (Note 8)

3,136,000,000 US dollars

Deferred revenue (Note 2)

1,053,000,000 US dollars

Retained earnings

21,401,000,000 US dollars

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

2,600,000,000 US dollars

Noncontrolling interests

1,047,000,000 US dollars

Treasury stock, at cost, 84.8 and 85.1 shares

negative 10,711,000,000 US dollars

Accumulated other comprehensive loss (Note 12)

negative 2,366,000,000 US dollars

Gross equity (calculated)

25,048,000,000 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.