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
BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2016 $ 7,174 $ 556 $ 1,597 $ 11,040 $ (4,489) $ (8) $ (1,821) $ 6,875 $ 299
Increase (Decrease) in Shareholders' Equity                  
Net income 405     396       396 9
Other comprehensive income (loss), net of tax (Note 12) 102           89 89 13
Employee benefits trust activity 10   9     1   10  
Repurchases of common stock (51)       (51)     (51)  
Cash dividends on common stock (171)     (171)       (171)  
Distributions to noncontrolling interests (10)               (10)
Stock based awards, net 15   (1)   16     15  
Other shareholder transactions 2   2         2 0
BALANCE AT END OF PERIOD at Apr. 02, 2017 7,476 556 1,607 11,265 (4,524) (7) (1,732) 7,165 311
BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2017 8,164 556 1,654 11,464 (4,905) (7) (1,503) 7,259 905
Increase (Decrease) in Shareholders' Equity                  
Impact of adopting accounting standards (Notes 3 and 14) 30     30       30  
Net income 325     325       325 0
Other comprehensive income (loss), net of tax (Note 12) 99           106 106 (7)
Issuance of common stock 3   3         3  
Employee benefits trust activity 7   6     1   7  
Repurchases of common stock (163)       (163)     (163)  
Cash dividends on common stock (178)     (178)       (178)  
Distributions to noncontrolling interests (11)               (11)
Stock based awards, net 3   (4)   7     3  
Other shareholder transactions 17   2         2 15
BALANCE AT END OF PERIOD at Apr. 01, 2018 $ 8,296 $ 556 $ 1,661 $ 11,641 $ (5,061) $ (6) $ (1,397) $ 7,394 $ 902