# CUMMINS INC. (CMI) FY2025 Q1 Balance Sheet

- Company: CUMMINS INC. (CMI)
- Period: As of 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-05-05, accession number 0000026172-25-000013
- Page: https://plicit.ai/financials/cmi/fy2025-q1-balance-sheet
- Chart image: https://plicit.ai/charts/cmi-fy2025-q1-balance-sheet-sankey.png

## Chart details

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.