CUMMINS INC Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Cummins Inc quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Cummins Inc Interest Expense for the quarter ending June 30, 2024 was $109M, a 10.1% increase year-over-year.
  • Cummins Inc Interest Expense for the twelve months ending June 30, 2024 was $387M, a 15.9% increase year-over-year.
  • Cummins Inc annual Interest Expense for 2023 was $375M, a 88.4% increase from 2022.
  • Cummins Inc annual Interest Expense for 2022 was $199M, a 79.3% increase from 2021.
  • Cummins Inc annual Interest Expense for 2021 was $111M, a 11% increase from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $375M +$176M +88.4% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-12
2022 $199M +$88M +79.3% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-12
2021 $111M +$11M +11% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-12
2020 $100M -$9M -8.26% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-14
2019 $109M -$5M -4.39% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-08
2018 $114M +$33M +40.7% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-10
2017 $81M +$12M +17.4% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-11
2016 $69M +$4M +6.15% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-11
2015 $65M +$1M +1.56% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-14
2014 $64M +$23M +56.1% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-13
2013 $41M +$9M +28.1% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-12
2012 $32M -$12M -27.3% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-17
2011 $44M +$4M +10% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-18
2010 $40M 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.