Total Liabilities for Cummins (CMI)
According to Cummins's latest reported financial statements, the company's latest reported total liabilities is $20.58B USD. Total liabilities sum everything the company owes at the end of each reporting period — accounts payable, accrued expenses, debt, lease obligations, and other claims — as filed on the balance sheet. Compare with total assets and net assets for solvency context.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

CMI
Currently viewingTotal LiabilitiesSwitch metric
Latest period
$20.58B
YoY change
+1.7%
5Y CAGR
+8.6%
Peak year (2023)
$22.10B
Latest annual
$20.58B
Total Liabilities history chart for Cummins (CMI) from 1985 to 2025
Total Liabilities history table for Cummins (CMI) from 1985 to 2025
| Fiscal year | Period ended | Reported | Total Liabilities | YoY |
|---|---|---|---|---|
| 2025 | $20.58B | +1.7% | ||
| 2024 | $20.23B | -8.5% | ||
| 2023 | $22.10B | +10.1% | ||
| 2022 | $20.07B | +40.3% | ||
| 2021 | $14.31B | +4.9% | ||
| 2020 | $13.63B | +21.0% | ||
| 2019 | $11.27B | +4.3% | ||
| 2018 | $10.80B | +9.0% | ||
| 2017 | $9.91B | +26.5% | ||
| 2016 | $7.84B | +6.1% | ||
| 2015 | $7.38B | -3.9% | ||
| 2014 | $7.68B | +12.0% | ||
| 2013 | $6.86B | +23.0% | ||
| 2012 | $5.57B | -4.5% | ||
| 2011 | $5.84B | +8.0% | ||
| 2010 | $5.41B | +12.7% | ||
| 2009 | $4.80B | -4.8% | ||
| 2008 | $5.04B | +12.2% | ||
| 2007 | $4.49B | +1.9% | ||
| 2006 | $4.41B | -8.1% | ||
| 2005 | $4.80B | -2.5% | ||
| 2004 | $4.92B | +21.3% | ||
| 2003 | $4.05B | +3.8% | ||
| 2002 | $3.90B | +21.0% | ||
| 2001 | $3.23B | +4.4% | ||
| 2000 | $3.09B | -3.2% | ||
| 1999 | $3.19B | -0.4% | ||
| 1998 | $3.21B | +40.1% | ||
| 1997 | $2.29B | +11.3% | ||
| 1996 | $2.06B | +9.8% | ||
| 1995 | $1.87B | +14.6% | ||
| 1994 | $1.63B | +4.1% | ||
| 1993 | $1.57B | -8.9% | ||
| 1992 | $1.72B | +27.9% | ||
| 1991 | $1.35B | -0.3% | ||
| 1990 | $1.35B | +0.7% | ||
| 1989 | $1.34B | -9.1% | ||
| 1988 | $1.48B | +11.3% | ||
| 1987 | $1.33B | -0.6% | ||
| 1986 | $1.33B | +34.3% | ||
| 1985 | $993.50M | — |
Total Liabilities values are taken from Cummins's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Cummins (CMI) total liabilities is $20.58B – edged up 1.7% year-over-year.
Cummins total liabilities has recorded the values shown across consecutive periods, with a +8.6% compound annual growth rate over 2020–2025 (5 years).
2023 marks the peak total liabilities at $22.10B, with the historical low of $993.50M recorded in 1985.
Cummins (CMI) sits 9th of 8 Industrials peers we track on this metric, against a peer median of $78.63B.
Cummins Total Liabilities by Year
Cummins Total Liabilities 2025: $20.58B
Cummins total liabilities in 2025 was $20.58B, edged up 1.7% from 2024.
Cummins Total Liabilities 2024: $20.23B
Cummins total liabilities in 2024 was $20.23B, declined 8.5% below 2023.
Cummins Total Liabilities 2023: $22.10B
Cummins total liabilities in 2023 was $22.10B, grew 10.1% from 2022. This figure represents the highest annual value in the available history.
Cummins Total Liabilities 2022: $20.07B
Cummins total liabilities in 2022 was $20.07B, surged 40.3% from 2021.
Cummins Total Liabilities 2021: $14.31B
Cummins total liabilities in 2021 was $14.31B.
See more financial history for Cummins (CMI).
Sector peers — Total Liabilities
Companies in the same sector as Cummins, ranked by their latest total liabilities.
| Company | Total Liabilities | Sector |
|---|---|---|
| The Boeing Company (BA) | $162.78B | Industrials |
| GE Aerospace (GE) | $111.27B | Industrials |
| RTX Corporation (RTX) | $103.94B | Industrials |
| Deere & Company (DE) | $79.99B | Industrials |
| Caterpillar Inc. (CAT) | $77.27B | Industrials |
| Honeywell International Inc. (HON) | $58.67B | Industrials |
| Union Pacific Corporation (UNP) | $51.23B | Industrials |
| Eaton Corporation plc (ETN) | $21.78B | Industrials |
Frequently asked questions
What is Cummins's total liabilities?
- Latest reported total liabilities for Cummins (CMI) is $20.58B (period ending December 31, 2025).
How has Cummins total liabilities changed year-over-year?
- Cummins (CMI) total liabilities changed +1.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Cummins total liabilities?
- Cummins (CMI) total liabilities compound annual growth rate is +8.6% over the most recent 5 years available.
When did Cummins total liabilities hit its highest annual value?
- Cummins total liabilities reached its highest annual value of $22.10B in 2023.
What was Cummins total liabilities in 2024?
- Cummins (CMI) total liabilities in 2024 was $20.23B.
What was Cummins total liabilities in 2025?
- Cummins (CMI) total liabilities in 2025 was $20.58B.
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