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Our common stock is listed on the NYSE under the symbol "CMI." For other matters related to our common stock and shareholders' equity, see NOTE 15, "CUMMINS INC.
−Removed: SHAREHOLDERS' EQUITY," to the Consolidated Financial Statements .
+Added: SHAREHOLDERS' EQUITY," to our Consolidated Financial Statements .
At December 31, 2024, there were 2,253 holders of record of Cummins Inc.'s $2.50 par value common stock.
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The following graph compares the cumulative total shareholder return on our common stock for the last five years with the cumulative total return on the S&P 500 Index and an index of peer companies selected by us.
−Removed: In 2023, we re-evaluated our peer group that the Board benchmarks against and chose to include companies that participate in similar end-markets and have similar businesses.
−Removed: Dana Incorporated was added to provide exposure to similar products including e-axles, drivetrain components and transmissions and electric and hybrid products, while Donaldson Company Inc.
−Removed: was removed due to the IPO of Atmus (formerly our filtration business) into a separate publicly traded company.
−Removed: Our revised peer group includes BorgWarner Inc., Caterpillar, Inc., Daimler Truck Holding AG, Deere & Company, Dana Inc., Eaton Corporation, Emerson Electric Co., Fortive Corporation, W.W.
−Removed: Grainger Inc., Honeywell International, Illinois Tool Works Inc., PACCAR, Parker-Hannifin Corporation, Textron Inc.
+Added: In 2024, we re-evaluated our peer group that the Board benchmarks against and chose to remove companies that we no longer believe participate in similar end-markets or are strongly aligned with our businesses.
+Added: We removed W.W.
+Added: Grainger since they are primarily U.S.
+Added: focused and Fortive Corporation due to a spin-off transaction that shrank the size of their business.
+Added: Our peer group includes BorgWarner Inc., Caterpillar, Inc., Daimler Truck Holding AG, Dana Inc., Deere & Company, Eaton Corporation, Emerson Electric Co., Honeywell International, Illinois Tool Works Inc., PACCAR, Parker-Hannifin Corporation, Textron Inc.
and Volvo AB.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.