{"schema_version":"secwatch.filing_event.v1","accession":"0000026172-22-000036","form_type":"8-K","ticker":"CMI","cik":"0000026172","company_name":"CUMMINS INC","filed_at":"2022-07-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:57.723254+00:00","generated_at":"2026-06-24T12:38:26.306818+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cummins secures $2.0B delayed-draw term loan for Meritor acquisition and general corporate purposes","bullets":["Loan agreement with Wells Fargo as agent; single draw of up to $2.0B before Oct 13, 2022, maturity 3 years after funding.","Interest at SOFR + 0.55%-0.85% based on credit rating (current A2/A+ gives 0.70%) or prime-based alternative.","Unsecured; financial covenant requires net debt/total capital ≤ 0.65:1.","Proceeds for general corporate purposes and financing acquisition of Meritor, Inc."],"urls":{"canonical":"https://secwatch.observer/filing/0000026172-22-000036","json":"https://secwatch.observer/filing/0000026172-22-000036.json","markdown":"https://secwatch.observer/filing/0000026172-22-000036.md","text":"https://secwatch.observer/filing/0000026172-22-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/26172/000002617222000036/0000026172-22-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/26172/000002617222000036/cmi-20220713.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T12:38:26.306818+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}