COMMITMENTS AND CONTINGENCIES (Details) (USD $)
In Millions, unless otherwise specified |
6 Months Ended | 6 Months Ended | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2013
U.S. Distributor Commitments
|
Jun. 30, 2013
Other Guarantees and Commitments
|
Jun. 30, 2013
Other Guarantees and Commitments
Maximum
|
Jun. 30, 2013
Cummins Olayan Energy Limited debt guarantee
|
Jun. 30, 2013
Residual value guarantees
|
Jun. 30, 2013
Other debt guarantees
|
Jun. 30, 2013
Engine parts supplier
|
Jun. 30, 2013
Performance bonds and other performance-related guarantees
|
Dec. 31, 2012
Performance bonds and other performance-related guarantees
|
Jun. 30, 2013
Joint Venture Commitments
|
|
Commitments and contingencies: | ||||||||||
Licensing agreement term | 3 years | |||||||||
Number of days in which distributors can terminate agreements without cause | 60 days | |||||||||
Number of days in which distributors can terminate agreements with cause | 30 days | |||||||||
Guarantee obligations, maximum potential loss | $ 12 | $ 8 | $ 1 | $ 3 | ||||||
Long-term purchase commitment, penalty exposure | 118 | 80 | ||||||||
Guarantee obligations, current carrying value | 1 | 68 | 70 | |||||||
Guarantee obligations commitment | 64 | |||||||||
Joint venture estimated commitment to be funded this year | $ 19 |