{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-055520","form_type":"8-K","ticker":"CMI","cik":"0000026172","company_name":"CUMMINS INC","filed_at":"2025-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.870199+00:00","generated_at":"2026-05-20T03:29:27.437480+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Cummins renews $4B revolving credit facilities; 5-year to 2030, 3-year to 2028","bullets":["New 5-Year Credit Agreement allows up to $2.0B in revolving loans, swingline loans, letters of credit; matures June 2, 2030.","New 3-Year Credit Agreement also $2.0B facility; matures June 2, 2028, replacing expired 364-day facility.","Interest rates tied to Alternate Base Rate, Term SOFR, EURIBOR; Applicable Rate currently 0.75% given A2/A ratings.","Covenant requires consolidated net debt to total capital ratio not to exceed 0.65:1.","Borrowings unsecured; Company guarantees subsidiary loans; each facility can be increased by up to $1.0B if conditions met."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-055520","json":"https://secwatch.observer/filing/0001104659-25-055520.json","markdown":"https://secwatch.observer/filing/0001104659-25-055520.md","text":"https://secwatch.observer/filing/0001104659-25-055520.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/26172/000110465925055520/0001104659-25-055520-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/26172/000110465925055520/tm2516646d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T03:29:27.437480+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":[{"claim_id":"45713c198e8cb64ba70262e14711ad5ffd73bf0c","claim":"CUMMINS INC incurred revolving credit of up to $2.0 billion with JPMorgan Chase Bank, N.A. at SOFR plus 0.50% to 1.00% maturing June 2, 2030.","evidence_excerpt":"“5-Year Maturity Date”), the Borrowers may obtain revolving and swingline loans and letters of credit, in each case subject to certain amount limitations, in an amount up to $2.0 billion in the aggregate outstanding at any time prior to the 5-Year Maturity Date. The 5-Year Credit Agreement amends and restates in its entirety that certain Second Amended and","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/26172/000110465925055520/0001104659-25-055520-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $2.0 billion"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"SOFR plus 0.50% to 1.00%"},{"label":"Maturity","value":"June 2, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"8ac3fade8b52824ade307b887097aa4363d2bc6f","claim":"CUMMINS INC incurred revolving credit of up to $2.0 billion with JPMorgan Chase Bank, N.A. at SOFR plus 0.50% to 1.00% maturing June 2, 2028.","evidence_excerpt":"“5-Year Maturity Date”), the Borrowers may obtain revolving and swingline loans and letters of credit, in each case subject to certain amount limitations, in an amount up to $2.0 billion in the aggregate outstanding at any time prior to the 5-Year Maturity Date. The 5-Year Credit Agreement amends and restates in its entirety that certain Second Amended and","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/26172/000110465925055520/0001104659-25-055520-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $2.0 billion"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"SOFR plus 0.50% to 1.00%"},{"label":"Maturity","value":"June 2, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}