CUMMINS INC Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Cummins Inc quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Cummins Inc Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $200M, a 6.38% increase year-over-year.
  • Cummins Inc Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $781M, a 3.17% increase year-over-year.
  • Cummins Inc annual Income Tax Expense (Benefit) for 2023 was $786M, a 23.6% increase from 2022.
  • Cummins Inc annual Income Tax Expense (Benefit) for 2022 was $636M, a 8.35% increase from 2021.
  • Cummins Inc annual Income Tax Expense (Benefit) for 2021 was $587M, a 11.4% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $786M +$150M +23.6% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-12
2022 $636M +$49M +8.35% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-12
2021 $587M +$60M +11.4% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-12
2020 $527M -$39M -6.89% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-14
2019 $566M $0 0% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-08
2018 $566M -$805M -58.7% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-10
2017 $1.37B +$897M +189% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-11
2016 $474M -$81M -14.6% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-11
2015 $555M -$143M -20.5% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-14
2014 $698M +$167M +31.5% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-13
2013 $531M -$2M -0.38% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-12
2012 $533M -$192M -26.5% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-17
2011 $725M +$248M +52% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-18
2010 $477M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-20
* An asterisk sign (*) next to the value indicates that the value is likely invalid.