Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.8.0.1
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Computations for basic and diluted earnings per share Following are the computations for basic and diluted earnings per share:
 
 
Years ended December 31,
Dollars in millions, except per share amounts
 
2017
 
2016
 
2015
Net income attributable to Cummins Inc. 
 
$
999

 
$
1,394

 
$
1,399

 
 
 
 
 
 
 
Weighted-average common shares outstanding
 
 
 
 
 
 
Basic
 
166,625,320

 
169,038,410

 
178,037,581

Dilutive effect of stock compensation awards
 
645,545

 
298,206

 
369,247

Diluted
 
167,270,865

 
169,336,616

 
178,406,828

Earnings per common share attributable to Cummins Inc.
 
 
 
 
 
 
Basic
 
$
5.99

 
$
8.25

 
$
7.86

Diluted
 
5.97

 
8.23

 
7.84

Options excluded from diluted earnings per share The options excluded from diluted earnings per share were as follows:
 
 
Years ended December 31,
 
 
2017
 
2016
 
2015
Options excluded
 
31,991

 
1,091,799

 
866,262