Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Common Stock Held in Trust
Accumulated Other Comprehensive Loss
Total Cummins Inc. Shareholders' Equity
Noncontrolling Interests
Statement of Stockholders' Equity [Abstract]                  
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 1.14                
BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2018 $ 8,259 $ 556 $ 1,715 $ 12,917 $ (6,028) $ (5) $ (1,807) $ 7,348 $ 911
Increase (Decrease) in Shareholders' Equity                  
CONSOLIDATED NET INCOME 669     663       663 6
Other comprehensive loss, net of tax (Note 13) 71         68 68 3
Issuance of common stock 1   1         1  
Employee benefits trust activity 14   13   1   14  
Repurchases of common stock (100)     (100)   (100)  
Cash dividends on common stock (179)     (179)       (179)  
Distributions to noncontrolling interests (13)               (13)
Stock-based awards 6   (11)   17   6  
Other shareholder transactions (1)   (1)         (1)  
BALANCE AT END OF PERIOD at Mar. 31, 2019 $ 8,727 556 1,717 13,401 (6,111) (4) (1,739) 7,820 907
Statement of Stockholders' Equity [Abstract]                  
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 1.311                
BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2019 $ 8,465 556 1,790 14,416 (7,225) (2) (2,028) 7,507 958
Increase (Decrease) in Shareholders' Equity                  
Adoption of new accounting standards (Note 16) (4)     (4)       (4)  
CONSOLIDATED NET INCOME 528     511       511 17
Other comprehensive loss, net of tax (Note 13) (239)         (222) (222) (17)
Issuance of common stock 9   9         9  
Employee benefits trust activity 18   17   1   18  
Repurchases of common stock (550)     (550)   (550)  
Cash dividends on common stock (195)     (195)       (195)  
Distributions to noncontrolling interests (13)               (13)
Stock-based awards 13   (18)   31   13  
Other shareholder transactions (14)   (19)         (19) 5
BALANCE AT END OF PERIOD at Mar. 29, 2020 $ 8,018 $ 556 $ 1,779 $ 14,728 $ (7,744) $ (1) $ (2,250) $ 7,068 $ 950