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Cummins Inc (NYSE:CMI)
Accounts Payable
$3,511 Mil (As of Dec. 2014)

Cummins Inc's quarterly accounts payable increased from Jun. 2014 ($3,077 Mil) to Sep. 2014 ($3,254 Mil) and increased from Sep. 2014 ($3,254 Mil) to Dec. 2014 ($3,511 Mil).

Cummins Inc's annual accounts payable increased from Dec. 2012 ($2,458 Mil) to Dec. 2013 ($3,015 Mil) and increased from Dec. 2013 ($3,015 Mil) to Dec. 2014 ($3,511 Mil).


Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Cummins Inc Annual Data

Accts Payable 2,0642,2352,4822,5702,2672,9963,3242,4583,0153,511

Cummins Inc Quarterly Data

Accts Payable 2,9702,4582,5642,7432,6853,0152,8543,0773,2543,511
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