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Cummins Inc's other long-term assets for the quarter that ended in Sep. 2014 was $2,301 Mil.
Cummins Inc's quarterly other long-term assets increased from Mar. 2014 ($2,199 Mil) to Jun. 2014 ($2,273 Mil) and increased from Jun. 2014 ($2,273 Mil) to Sep. 2014 ($2,301 Mil).
Cummins Inc's annual other long-term assets increased from Dec. 2011 ($1,723 Mil) to Dec. 2012 ($1,843 Mil) and increased from Dec. 2012 ($1,843 Mil) to Dec. 2013 ($2,115 Mil).
Assets are presented on the balance sheet in order of their liquidity. If a company expects to sell or otherwise recognize the economic value of an asset within one year, the asset is generally classified as a current asset on the balance sheet. Cash on hand is a common current asset.
A long-term asset is an asset that a company expects to sell or otherwise recognize the economic value of after more than one year. Property, plant and equipment, and intangible assets are common long-term assets. Except those two items and current assets, the others we treated as "Other Long Term Assets".
Cummins Inc Annual Data
|Other Long-Term Assets||1,158||954||919||1,197||1,380||1,335||1,483||1,723||1,843||2,115|
Cummins Inc Quarterly Data
|Other Long-Term Assets||1,886||1,934||1,843||1,957||1,952||2,043||2,115||2,199||2,273||2,301|