Cummins
Cash Flow
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Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Cummins generated cash of $3,966,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$2,177,000,000 last year. Net change in cash is therefore $78,000,000.
Cash Flow
| 2014 | 2.26B | -1.23B | -1.34B |
|---|---|---|---|
| 2015 | 2.05B | -918M | -1.64B |
| 2016 | 1.93B | -917M | -1.41B |
| 2017 | 2.27B | -1.05B | -1.07B |
| 2018 | 2.37B | -974M | -1.4B |
| 2019 | 3.18B | -1.15B | -2.09B |
| 2020 | 2.72B | -719M | 280M |
| 2021 | 2.25B | -873M | -2.22B |
| 2022 | 1.96B | -4.17B | 1.66B |
| 2023 | 3.96B | -1.64B | -2.17B |
CMI Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 2.10B | 2.59B | 3.40B | 1.12B | 1.30B | 1.36B | 1.12B | 1.71B | 2.30B | 2.69B |
Operating activities | ||||||||||
Net income | 840M | 2.18B | 2.16B | 1.81B | 2.26B | 2.18B | 994M | 1.45B | 1.47B | 1.73B |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.02B | 784M | 662M | 673M | 672M | 611M | 583M | 530M | 514M | 455M |
Stock-based compensation expense | 0 | 33M | 37M | 31M | 49M | 53M | 41M | 32M | 24M | 36M |
| Deferred income tax benefit | 0 | 33M | 37M | 31M | 49M | 53M | 41M | 32M | 24M | 36M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -697M | -174M | 31M | -12M | -92M | -142M | -446M | -274M | 80M |
Inventories | 0 | -567M | -945M | 46M | 291M | -695M | -407M | -4M | 150M | -256M |
Accounts payable | -66M | 538M | 217M | 288M | -310M | 302M | 639M | 184M | -136M | 244M |
Cash generated by operating activities | 3.96B | 1.96B | 2.25B | 2.72B | 3.18B | 2.37B | 2.27B | 1.93B | 2.05B | 2.26B |
Investing activities | ||||||||||
Purchases Of Investments | -1.40B | -1.07B | -806M | -593M | -495M | -368M | -194M | -478M | -282M | -275M |
Investments In Property Plant And Equipment | -1.21B | -916M | -786M | -575M | -775M | -784M | -587M | -594M | -799M | -798M |
Acquisitions Net | -292M | -3.19B | -48M | -51M | -257M | -107M | -728M | -75M | -124M | -496M |
Cash generated by investing activities | -1.64B | -4.17B | -873M | -719M | -1.15B | -974M | -1.05B | -917M | -918M | -1.23B |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 56M | 88M | 53M | 519M | 0 | 0 | 0 | 55M |
Payments for dividends | -921M | -855M | -809M | -782M | -761M | -718M | -701M | -676M | -622M | -512M |
Repurchases of common stock | 0 | -374M | -1.40B | -641M | -1.27B | -1.14B | -451M | -778M | -900M | -670M |
Repayments of term debt | -1.05B | 2.81B | -111M | -410M | -163M | -62M | 38M | -52M | -73M | -94M |
Cash used in financing activities | -2.17B | 1.66B | -2.22B | 280M | -2.09B | -1.4B | -1.07B | -1.41B | -1.64B | -1.34B |
Net Change In Cash | 78M | -491M | -809M | 2.27B | -174M | -66M | 249M | -591M | -590M | -398M |
Cash at end of period | 2.17B | 2.10B | 2.59B | 3.40B | 1.12B | 1.30B | 1.36B | 1.12B | 1.71B | 2.30B |
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