Cummins Inc. Files 8-K on Feb 14, 2024 for Other Events
Ticker: CMI · Form: 8-K · Filed: 2024-02-15T00:00:00.000Z
Sentiment: neutral
Topics: 8-K filing, corporate-disclosure
TL;DR
**Cummins Inc. just dropped an 8-K on Feb 14, 2024, for 'Other Events' and financials, so keep an eye out for details!**
AI Summary
Cummins Inc. filed an 8-K on February 15, 2024, reporting an event that occurred on February 14, 2024. The filing indicates that the company, based in Columbus, Indiana, with IRS Employer Identification No. 35-0257090, is providing current report information pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. This 8-K includes "Other Events" and "Financial Statements and Exhibits" as per the item information.
Why It Matters
This filing signals that Cummins Inc. has an event or information deemed significant enough to warrant immediate disclosure to investors, potentially impacting market perception or future operations.
Risk Assessment
Risk Level: low — The filing itself is a standard disclosure and does not inherently indicate a high risk, though the content of the 'Other Events' could be significant.
Key Players & Entities
- CUMMINS INC. (company) — Registrant
- February 14, 2024 (date) — Date of earliest event reported
- February 15, 2024 (date) — Filed as of date
- 35-0257090 (dollar_amount) — I.R.S. Employer Identification No.
- Columbus, Indiana (company) — Principal Executive Office location
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is CUMMINS INC.
What was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported was February 14, 2024.
Where is Cummins Inc.'s principal executive office located?
Cummins Inc.'s principal executive office is located at 500 Jackson Street, P. O. Box 3005, Columbus, Indiana 47202-3005.
What is the Commission File Number for Cummins Inc.?
The Commission File Number for Cummins Inc. is 1-4949.
What items of information are included in this 8-K filing?
This 8-K filing includes "Other Events" and "Financial Statements and Exhibits" as per the item information.
Filing Stats: 681 words · 3 min read · ~2 pages · Grade level 10.5 · Accepted 2024-02-14 21:43:33
Key Financial Figures
- $2.50 — nge on which registered Common stock, $2.50 par value CMI New York Stock Exchan
- $500.0 million — terms and conditions set forth therein, $500.0 million aggregate principal amount of the Compa
- $750.0 million — Company's 4.900% Senior Notes due 2029, $750.0 million aggregate principal amount of the Compa
- $1.0 billion — pany's 5.150% Senior Notes due 2034 and $1.0 billion aggregate principal amount of the Compa
Filing Documents
- tm245853d5_8k.htm (8-K) — 26KB
- tm245853d5_ex1-1.htm (EX-1.1) — 211KB
- tm245853d5_8kimg01.jpg (GRAPHIC) — 3KB
- 0001104659-24-024274.txt ( ) — 459KB
- cmi-20240214.xsd (EX-101.SCH) — 3KB
- cmi-20240214_lab.xml (EX-101.LAB) — 33KB
- cmi-20240214_pre.xml (EX-101.PRE) — 22KB
- tm245853d5_8k_htm.xml (XML) — 4KB
01
Item 8.01 Other Events. On February 14, 2024, Cummins Inc. (the "Company") entered into an Underwriting Agreement (the "Underwriting Agreement") with BofA Securities, Inc., Wells Fargo Securities, LLC, ING Financial Markets LLC, J.P. Morgan Securities LLC and PNC Capital Markets LLC, as representatives of the several underwriters listed therein (the "Underwriters"), pursuant to which the Company agreed to sell, and the Underwriters agreed to purchase, subject to the terms and conditions set forth therein, $500.0 million aggregate principal amount of the Company's 4.900% Senior Notes due 2029, $750.0 million aggregate principal amount of the Company's 5.150% Senior Notes due 2034 and $1.0 billion aggregate principal amount of the Company's 5.450% Senior Notes due 2054 (collectively, the "Notes"), in a public offering (the "Offering"). The Offering is expected to close on February 20, 2024. The Notes are registered under the Securities Act of 1933, as amended, pursuant to a Registration Statement on Form S-3 (Registration No. 333-262584) that the Company filed with the Securities and Exchange Commission (the "SEC") on February 8, 2022. The Underwriting Agreement includes customary representations, warranties, covenants and closing conditions. It also provides for customary indemnification by the Company and the Underwriters against certain liabilities and customary contribution provisions in respect of those liabilities. The Company is filing the Underwriting Agreement as part of this Current Report on Form 8-K for purposes of such Registration Statement. The description of the Underwriting Agreement set forth above is qualified by reference to the Underwriting Agreement filed as Exhibit 1.1 to this Current Report on Form 8-K and incorporated herein by reference.
01
Item 9.01
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The exhibits below are filed herewith: EXHIBIT INDEX Exhibit No. Description (1.1) Underwriting Agreement, dated February 14, 2024, by and among the Company and BofA Securities, Inc., Wells Fargo Securities, LLC, ING Financial Markets LLC, J.P. Morgan Securities LLC and PNC Capital Markets LLC, as representatives of the several underwriters listed therein. (104) Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 14, 2024 CUMMINS INC. /s/ Donald G. Jackson Donald G. Jackson Vice President, Treasury and Tax