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Cummins (LTS:0I58) PensionAndRetirementBenefit : $804 Mil (As of Mar. 2024)


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What is Cummins PensionAndRetirementBenefit?

Cummins's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was $804 Mil.

Cummins's quarterly PensionAndRetirementBenefit increased from Sep. 2023 ($765 Mil) to Dec. 2023 ($874 Mil) but then declined from Dec. 2023 ($874 Mil) to Mar. 2024 ($804 Mil).

Cummins's annual PensionAndRetirementBenefit declined from Dec. 2021 ($781 Mil) to Dec. 2022 ($770 Mil) but then increased from Dec. 2022 ($770 Mil) to Dec. 2023 ($874 Mil).

Cummins PensionAndRetirementBenefit Historical Data

The historical data trend for Cummins's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cummins PensionAndRetirementBenefit Chart

Cummins Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 797.00 833.00 781.00 770.00 874.00

Cummins Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 752.00 762.00 765.00 874.00 804.00

Cummins PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Cummins (LTS:0I58) Business Description

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Address
500 Jackson Street, Box 3005, Columbus, IN, USA, 47202-3005
Website
https://www.cummins.com
Cummins is the top manufacturer of diesel engines used in commercial trucks, off-highway equipment, and railroad locomotives, in addition to standby and prime power generators. The company also sells powertrain components, which include transmissions, turbochargers, aftertreatment systems, and fuel systems. Cummins is in the unique position of competing with its primary customers, heavy-duty truck manufacturers, who make and aggressively market their own engines. Despite robust competition across all its segments and increasing government regulation of carbon emissions, Cummins has maintained its leadership position in the industry.

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