Annual report pursuant to Section 13 and 15(d)

INVESTMENTS IN EQUITY INVESTEES (Details 2)

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INVESTMENTS IN EQUITY INVESTEES (Details 2) (USD $)
In Millions, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
INVESTMENTS IN EQUITY INVESTEES      
Investment account representing cumulative undistributed income in equity investees $ 469    
Dividends from the unconsolidated equity investees 329 341 178
Net sales 8,296 8,659 7,107
Gross margin 1,870 1,948 1,651
Net income 747 788 668
Cummins share of net income 347 375 321
Royalty and interest income 37 41 30
Equity, royalty and interest income from investees 384 416 351
Current assets 2,843 2,892  
Non-current assets 1,588 1,440  
Current liabilities (2,039) (2,055)  
Non-current liabilities (431) (391)  
Net assets 1,961 1,886  
Cummins share of net assets $ 886 $ 855