Cummins Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $2.85B | $1.67B | $2.18B | $2.10B | $2.59B | $3.40B | $1.13B | $1.30B |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | $5.82B | $5.74B | $5.68B | $5.60B | $4.36B | $3.43B | $3.49B | $3.76B |
| Total Current Assets | $16.93B | $14.75B | $15.20B | $14.45B | $12.31B | $11.90B | $9.39B | $9.82B |
| Property, Plant & Equipment | $6.96B | $6.36B | $6.25B | $5.52B | $4.42B | $4.26B | $4.25B | $4.10B |
| Goodwill | $2.22B | $2.37B | $2.50B | $2.34B | $1.29B | $1.29B | $1.29B | $1.13B |
| Intangible Assets (Excl. Goodwill) | $2.17B | $2.35B | $2.52B | $2.69B | $900.0M | $963.0M | $1.00B | $909.0M |
| Total Assets | $33.99B | $31.54B | $32.01B | $30.30B | $23.71B | $22.62B | $19.74B | $19.06B |
| Liabilities | ||||||||
| Accounts Payable | $3.80B | $3.95B | $4.26B | $4.25B | $3.02B | $2.82B | $2.53B | $2.82B |
| Total Current Liabilities | $9.61B | $11.23B | $12.90B | $11.42B | $7.08B | $6.34B | $6.26B | $6.38B |
| Long-Term Debt | $6.79B | $4.78B | $4.80B | $4.50B | $3.58B | $3.61B | $1.58B | $1.60B |
| Total Liabilities | $20.58B | $20.23B | $22.10B | $20.07B | $14.31B | $13.64B | $11.27B | $10.80B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $22.62B | $20.83B | $17.85B | $18.04B | $16.74B | $15.42B | $14.42B | $12.92B |
| Total Stockholders' Equity | $12.35B | $10.27B | $8.85B | $8.98B | $8.15B | $8.06B | $7.51B | $7.35B |