| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Consolidated net income | 2,337 | 1,778 | 850 | 3,623 |
| Gain related to divestiture of atmus (note 15) | 0 | 0 | 0 | 1,333 |
| Depreciation and amortization | 825 | 548 | 269 | 794 |
| Deferred income taxes | 68 | -138 | -25 | -106 |
| Equity in income of investees, net of dividends | 38 | 88 | 70 | 74 |
| Pension and opeb expense (note 3) | 60 | 39 | 19 | 28 |
| Pension contributions and opeb payments (note 3) | 38 | 26 | 13 | 72 |
| Accounts and notes receivable | 466 | 643 | 457 | -109 |
| Inventories | 446 | 436 | 331 | 726 |
| Other current assets | 146 | 172 | 36 | 370 |
| Accounts payable | -147 | 148 | 330 | 27 |
| Accrued expenses | -201 | -244 | -487 | -2,000 |
| Other, net | 279 | 16 | -52 | -165 |
| Net cash provided by operating activities | 2,087 | 782 | -3 | 65 |
| Capital expenditures | 691 | 393 | 162 | 668 |
| Investments in and net advances to equity investees | 63 | 54 | 60 | - |
| Acquisition of businesses, net of cash acquired | 12 | 12 | 12 | 58 |
| Investments in marketable securitiesacquisitions | 1,133 | 783 | 457 | 1,062 |
| Investments in marketable securitiesliquidations (note 6) | 1,131 | 636 | 432 | 1,113 |
| Cash associated with atmus divestiture | 0 | 0 | 0 | 174 |
| Other, net | 78 | 9 | -13 | 220 |
| Net cash used in investing activities | -846 | -615 | -246 | -1,069 |
| Proceeds from borrowings | 2,232 | 2,146 | 52 | 2,623 |
| Net (payments) borrowings of commercial paper | -906 | -906 | 481 | 140 |
| Payments on borrowings and finance lease obligations | 827 | 210 | 144 | 1,386 |
| Dividend payments on common stock | 778 | 502 | 251 | 719 |
| Payments for purchase of redeemable noncontrolling interests | 55 | 55 | - | 0 |
| Other, net | -69 | -49 | -46 | -94 |
| Net cash (used in) provided by financing activities | -403 | 424 | 92 | 564 |
| Effect of exchange rate changes on cash and cash equivalents | 57 | 57 | 18 | -6 |
| Net increase (decrease) in cash and cash equivalents | 895 | 648 | -139 | -446 |
| Cash and cash equivalents at beginning of period | 1,671 | 1,671 | 1,671 | 2,179 |
| Cash and cash equivalents at end of period | 2,566 | 2,319 | 1,532 | 1,733 |
CUMMINS INC (CMI)
CUMMINS INC (CMI)