Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2011
EARNINGS PER SHARE  
Computations for basic and diluted earnings per share

 

 

 
  Years ended December 31,  
Dollars in millions, except per share amounts
  2011   2010   2009  

Net income attributable to Cummins Inc. 

  $ 1,848   $ 1,040   $ 428  
               

Weighted-average commons shares outstanding:

                   

Basic

    192,972,211     196,699,155     197,445,998  

Dilutive effect of stock compensation awards

    625,667     449,252     249,126  
               

Diluted

    193,597,878     197,148,407     197,695,124  
               

Earnings per common share attributable to Cummins Inc.

                   

Basic

  $ 9.58   $ 5.29   $ 2.17  

Diluted

    9.55     5.28     2.16