Financial Statements for Cummins Inc.

Search Images Videos Maps News Shopping Gmail More »

Help | Sign in

Recent Quotes

You have no recent quotes

chg | %

Cummins Inc. financials

Watch this stock

Income Statement

Balance Sheet

Cash Flow

View: Quarterly Data | Annual Data

Hide charts

In Millions of USD (except for per share items)	3 months ending 2012-07-01	3 months ending 2012-04-01	3 months ending 2011-12-31	3 months ending 2011-09-25	3 months ending 2011-06-26
Revenue	4,452.00	4,472.00	4,921.00	4,626.00	4,641.00
Other Revenue, Total	-	-	-	-	-
Total Revenue	4,452.00	4,472.00	4,921.00	4,626.00	4,641.00
Cost of Revenue, Total	3,242.00	3,274.00	3,680.00	3,438.00	3,438.00
Gross Profit	1,210.00	1,198.00	1,241.00	1,188.00	1,203.00
Selling/General/Admin. Expenses, Total	487.00	475.00	496.00	489.00	463.00
Research & Development	187.00	181.00	179.00	164.00	157.00
Depreciation/Amortization	-	1.00	1.00	1.00	1.00
Interest Expense(Income) - Net Operating	-	-	-	-	-
Unusual Expense (Income)	-6.00	-1.00	-80.00	-2.00	-68.00
Other Operating Expenses, Total	-2.00	-2.00	1.00	-1.00	-1.00
Total Operating Expense	3,804.00	3,824.00	4,176.00	3,987.00	3,873.00
Operating Income	648.00	648.00	745.00	639.00	768.00
Interest Income(Expense), Net Non-Operating	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Other, Net	14.00	3.00	4.00	2.00	2.00
Income Before Tax	661.00	650.00	758.00	629.00	762.00
Income After Tax	495.00	475.00	572.00	472.00	537.00
Minority Interest	-26.00	-20.00	-24.00	-20.00	-32.00
Equity In Affiliates	-	-	-	-	-
Net Income Before Extra. Items	469.00	455.00	548.00	452.00	505.00
Accounting Change	-	-	-	-	-
Discontinued Operations	-	-	-	-	-
Extraordinary Item	-	-	-	-	-
Net Income	469.00	455.00	548.00	452.00	505.00
Preferred Dividends	-	-	-	-	-
Income Available to Common Excl. Extra Items	469.00	455.00	548.00	452.00	505.00
Income Available to Common Incl. Extra Items	469.00	455.00	548.00	452.00	505.00
Basic Weighted Average Shares	-	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-	-
Dilution Adjustment	-	-	-	-	-
Diluted Weighted Average Shares	190.10	190.80	191.50	192.70	194.40
Diluted EPS Excluding Extraordinary Items	2.47	2.38	2.86	2.35	2.60
Diluted EPS Including Extraordinary Items	-	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.40	0.40	0.40	0.40	0.26
Gross Dividends - Common Stock	-	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-	-
Depreciation, Supplemental	-	-	-	-	-
Total Special Items	-	-	-	-	-
Normalized Income Before Taxes	-	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-	-
Normalized Income After Taxes	-	-	-	-	-
Normalized Income Avail to Common	-	-	-	-	-
Basic Normalized EPS	-	-	-	-	-
Diluted Normalized EPS	2.44	2.38	2.55	2.34	2.35

In Millions of USD (except for per share items)	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31	12 months ending 2008-12-31
Revenue	18,048.00	13,226.00	10,800.00	14,342.00
Other Revenue, Total	-	-	-	-
Total Revenue	18,048.00	13,226.00	10,800.00	14,342.00
Cost of Revenue, Total	13,459.00	10,058.00	8,631.00	11,402.00
Gross Profit	4,589.00	3,168.00	2,169.00	2,940.00
Selling/General/Admin. Expenses, Total	1,837.00	1,487.00	1,239.00	1,450.00
Research & Development	629.00	414.00	362.00	422.00
Depreciation/Amortization	5.00	15.00	7.00	13.00
Interest Expense(Income) - Net Operating	-	-	-	-
Unusual Expense (Income)	-144.00	-13.00	95.00	37.00
Other Operating Expenses, Total	-3.00	-5.00	-2.00	-1.00
Total Operating Expense	15,367.00	11,605.00	10,118.00	13,070.00
Operating Income	2,681.00	1,621.00	682.00	1,272.00
Interest Income(Expense), Net Non-Operating	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-
Other, Net	-5.00	-3.00	4.00	-30.00
Income Before Tax	2,671.00	1,617.00	640.00	1,178.00
Income After Tax	1,946.00	1,140.00	484.00	818.00
Minority Interest	-98.00	-100.00	-56.00	-63.00
Equity In Affiliates	-	-	-	-
Net Income Before Extra. Items	1,848.00	1,040.00	428.00	755.00
Accounting Change	-	-	-	-
Discontinued Operations	-	-	-	-
Extraordinary Item	-	-	-	-
Net Income	1,848.00	1,040.00	428.00	755.00
Preferred Dividends	-	-	-	-
Income Available to Common Excl. Extra Items	1,848.00	1,040.00	428.00	755.00
Income Available to Common Incl. Extra Items	1,848.00	1,040.00	428.00	755.00
Basic Weighted Average Shares	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-
Dilution Adjustment	-	-	-	0.00
Diluted Weighted Average Shares	193.60	197.15	197.70	196.53
Diluted EPS Excluding Extraordinary Items	9.55	5.28	2.16	3.84
Diluted EPS Including Extraordinary Items	-	-	-	-
Dividends per Share - Common Stock Primary Issue	1.32	0.88	0.70	0.60
Gross Dividends - Common Stock	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-
Depreciation, Supplemental	-	-	-	-
Total Special Items	-	-	-	-
Normalized Income Before Taxes	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-
Normalized Income After Taxes	-	-	-	-
Normalized Income Avail to Common	-	-	-	-
Basic Normalized EPS	-	-	-	-
Diluted Normalized EPS	9.00	5.23	2.53	3.97

In Millions of USD (except for per share items)	As of 2012-07-01	As of 2012-04-01	As of 2011-12-31	As of 2011-09-25	As of 2011-06-26
Cash & Equivalents	1,145.00	1,317.00	1,484.00	1,165.00	1,111.00
Short Term Investments	261.00	252.00	277.00	273.00	363.00
Cash and Short Term Investments	1,406.00	1,569.00	1,761.00	1,438.00	1,474.00
Accounts Receivable - Trade, Net	2,620.00	2,684.00	2,526.00	2,666.00	2,780.00
Receivables - Other	-	-	-	-	-
Total Receivables, Net	2,620.00	2,684.00	2,526.00	2,666.00	2,780.00
Total Inventory	2,581.00	2,382.00	2,141.00	2,295.00	2,275.00
Prepaid Expenses	639.00	682.00	395.00	350.00	303.00
Other Current Assets, Total	-	-	268.00	277.00	305.00
Total Current Assets	7,246.00	7,317.00	7,091.00	7,026.00	7,137.00
Property/Plant/Equipment, Total - Gross	5,475.00	5,416.00	5,245.00	5,131.00	5,103.00
Accumulated Depreciation, Total	-3,051.00	-3,025.00	-2,957.00	-2,963.00	-2,986.00
Goodwill, Net	345.00	342.00	339.00	346.00	348.00
Intangibles, Net	268.00	250.00	227.00	215.00	216.00
Long Term Investments	890.00	903.00	838.00	830.00	761.00
Other Long Term Assets, Total	996.00	916.00	885.00	753.00	734.00
Total Assets	12,169.00	12,119.00	11,668.00	11,338.00	11,313.00
Accounts Payable	1,634.00	1,731.00	1,546.00	1,659.00	1,686.00
Accrued Expenses	1,412.00	1,358.00	1,593.00	1,576.00	1,511.00
Notes Payable/Short Term Debt	58.00	33.00	28.00	48.00	59.00
Current Port. of LT Debt/Capital Leases	-	-	-	-	-
Other Current liabilities, Total	466.00	508.00	490.00	459.00	457.00
Total Current Liabilities	3,570.00	3,630.00	3,657.00	3,742.00	3,713.00
Long Term Debt	653.00	650.00	658.00	665.00	702.00
Capital Lease Obligations	-	-	-	-	-
Total Long Term Debt	653.00	650.00	658.00	665.00	702.00
Total Debt	711.00	683.00	686.00	713.00	761.00
Deferred Income Tax	-	-	-	-	-
Minority Interest	334.00	348.00	339.00	333.00	359.00
Other Liabilities, Total	1,509.00	1,481.00	1,522.00	1,387.00	1,381.00
Total Liabilities	6,066.00	6,109.00	6,176.00	6,127.00	6,155.00
Redeemable Preferred Stock, Total	-	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-	-
Common Stock, Total	2,036.00	2,017.00	2,001.00	1,982.00	1,968.00
Additional Paid-In Capital	-	-	-	-	-
Retained Earnings (Accumulated Deficit)	6,810.00	6,416.00	6,038.00	5,567.00	5,191.00
Treasury Stock - Common	-1,777.00	-1,590.00	-1,587.00	-1,505.00	-1,333.00
Other Equity, Total	-946.00	-813.00	-938.00	-811.00	-645.00
Total Equity	6,103.00	6,010.00	5,492.00	5,211.00	5,158.00
Total Liabilities & Shareholders' Equity	12,169.00	12,119.00	11,668.00	11,338.00	11,313.00
Shares Outs - Common Stock Primary Issue	-	-	-	-	-
Total Common Shares Outstanding	190.40	192.19	192.00	192.85	194.70

In Millions of USD (except for per share items)	As of 2011-12-31	As of 2010-12-31	As of 2009-12-31	As of 2008-12-31
Cash & Equivalents	1,484.00	1,023.00	930.00	426.00
Short Term Investments	277.00	339.00	190.00	77.00
Cash and Short Term Investments	1,761.00	1,362.00	1,120.00	503.00
Accounts Receivable - Trade, Net	2,526.00	2,243.00	2,004.00	1,782.00
Receivables - Other	-	-	-	-
Total Receivables, Net	2,526.00	2,243.00	2,004.00	1,782.00
Total Inventory	2,141.00	1,977.00	1,341.00	1,783.00
Prepaid Expenses	395.00	393.00	294.00	298.00
Other Current Assets, Total	268.00	314.00	244.00	347.00
Total Current Assets	7,091.00	6,289.00	5,003.00	4,713.00
Property/Plant/Equipment, Total - Gross	5,245.00	4,927.00	4,765.00	4,539.00
Accumulated Depreciation, Total	-2,957.00	-2,886.00	-2,879.00	-2,698.00
Goodwill, Net	339.00	367.00	364.00	362.00
Intangibles, Net	227.00	222.00	228.00	223.00
Long Term Investments	838.00	734.00	574.00	588.00
Other Long Term Assets, Total	885.00	749.00	761.00	792.00
Total Assets	11,668.00	10,402.00	8,816.00	8,519.00
Accounts Payable	1,546.00	1,362.00	957.00	1,009.00
Accrued Expenses	1,593.00	1,432.00	1,216.00	1,290.00
Notes Payable/Short Term Debt	28.00	82.00	37.00	39.00
Current Port. of LT Debt/Capital Leases	-	-	-	-
Other Current liabilities, Total	490.00	384.00	222.00	301.00
Total Current Liabilities	3,657.00	3,260.00	2,432.00	2,639.00
Long Term Debt	658.00	709.00	637.00	629.00
Capital Lease Obligations	-	-	-	-
Total Long Term Debt	658.00	709.00	637.00	629.00
Total Debt	686.00	791.00	674.00	668.00
Deferred Income Tax	18.00	6.00	-	-
Minority Interest	339.00	326.00	247.00	246.00
Other Liabilities, Total	1,504.00	1,431.00	1,727.00	1,771.00
Total Liabilities	6,176.00	5,732.00	5,043.00	5,285.00
Redeemable Preferred Stock, Total	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-
Common Stock, Total	2,001.00	1,934.00	1,860.00	1,793.00
Additional Paid-In Capital	-	-	-	-
Retained Earnings (Accumulated Deficit)	6,038.00	4,445.00	3,575.00	3,288.00
Treasury Stock - Common	-1,587.00	-964.00	-731.00	-715.00
Other Equity, Total	-938.00	-720.00	-895.00	-1,071.00
Total Equity	5,492.00	4,670.00	3,773.00	3,234.00
Total Liabilities & Shareholders' Equity	11,668.00	10,402.00	8,816.00	8,519.00
Shares Outs - Common Stock Primary Issue	-	-	-	-
Total Common Shares Outstanding	192.00	197.80	201.30	201.30

In Millions of USD (except for per share items)	6 months ending 2012-07-01	3 months ending 2012-04-01	12 months ending 2011-12-31	9 months ending 2011-09-25
Net Income/Starting Line	970.00	475.00	1,946.00	1,374.00
Depreciation/Depletion	171.00	85.00	325.00	243.00
Amortization	-	-	-	-
Deferred Taxes	-39.00	-27.00	85.00	148.00
Non-Cash Items	-73.00	-84.00	-265.00	-132.00
Changes in Working Capital	-632.00	-428.00	-18.00	-265.00
Cash from Operating Activities	397.00	21.00	2,073.00	1,368.00
Capital Expenditures	-306.00	-142.00	-682.00	-408.00
Other Investing Cash Flow Items, Total	-44.00	40.00	130.00	52.00
Cash from Investing Activities	-350.00	-102.00	-552.00	-356.00
Financing Cash Flow Items	-12.00	-2.00	-37.00	-33.00
Total Cash Dividends Paid	-152.00	-77.00	-255.00	-178.00
Issuance (Retirement) of Stock, Net	-196.00	-8.00	-629.00	-546.00
Issuance (Retirement) of Debt, Net	-26.00	-26.00	-104.00	-83.00
Cash from Financing Activities	-386.00	-113.00	-1,025.00	-840.00
Foreign Exchange Effects	0.00	27.00	-35.00	-30.00
Net Change in Cash	-339.00	-167.00	461.00	142.00
Cash Interest Paid, Supplemental	-	-	47.00	-
Cash Taxes Paid, Supplemental	-	-	532.00	-

In Millions of USD (except for per share items)	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31	12 months ending 2008-12-31
Net Income/Starting Line	1,946.00	1,140.00	484.00	818.00
Depreciation/Depletion	325.00	320.00	326.00	314.00
Amortization	-	-	-	-
Deferred Taxes	85.00	56.00	5.00	-1.00
Non-Cash Items	-265.00	-338.00	41.00	-27.00
Changes in Working Capital	-18.00	-172.00	281.00	-117.00
Cash from Operating Activities	2,073.00	1,006.00	1,137.00	987.00
Capital Expenditures	-682.00	-407.00	-345.00	-625.00
Other Investing Cash Flow Items, Total	130.00	-244.00	-164.00	-223.00
Cash from Investing Activities	-552.00	-651.00	-509.00	-848.00
Financing Cash Flow Items	-37.00	8.00	-29.00	-7.00
Total Cash Dividends Paid	-255.00	-172.00	-141.00	-122.00
Issuance (Retirement) of Stock, Net	-629.00	-183.00	52.00	-65.00
Issuance (Retirement) of Debt, Net	-104.00	80.00	-23.00	-43.00
Cash from Financing Activities	-1,025.00	-267.00	-141.00	-237.00
Foreign Exchange Effects	-35.00	5.00	17.00	-53.00
Net Change in Cash	461.00	93.00	504.00	-151.00
Cash Interest Paid, Supplemental	47.00	42.00	31.00	45.00
Cash Taxes Paid, Supplemental	532.00	312.00	128.00	349.00