Quarterly report pursuant to Section 13 or 15(d)

OPERATING SEGMENTS (Details)

v3.8.0.1
OPERATING SEGMENTS (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 01, 2018
Apr. 02, 2017
Operating results:    
Total sales [1] $ 5,570 $ 4,589
Research, development and engineering expenses 210 158
Equity, royalty and interest income from investees 115 108
Interest income 7 2
Segment EBITDA 700 705
Depreciation and amortization (2) [2] 153 139
Less: Interest expense 24 18
INCOME BEFORE INCOME TAXES 523 548
Amortization of Debt Discount (Premium) 1  
Engine    
Operating results:    
Total sales 2,446 2,023
Research, development and engineering expenses 79 54
Equity, royalty and interest income from investees 67 72
Interest income 2 1
Segment EBITDA 286 273
Depreciation and amortization (2) [2] 49 44
Distribution    
Operating results:    
Total sales 1,853 1,645
Research, development and engineering expenses 5 4
Equity, royalty and interest income from investees 13 11
Interest income 2 1
Segment EBITDA 123 130
Depreciation and amortization (2) [2] 27 30
Components    
Operating results:    
Total sales 1,753 1,344
Research, development and engineering expenses 62 50
Equity, royalty and interest income from investees 16 13
Interest income 1 0
Segment EBITDA 227 216
Depreciation and amortization (2) [2] 46 37
Power Systems    
Operating results:    
Total sales 1,074 882
Research, development and engineering expenses 57 50
Equity, royalty and interest income from investees 19 12
Interest income 2 0
Segment EBITDA 142 85
Depreciation and amortization (2) [2] 30 28
Electrified Power    
Operating results:    
Total sales 2 0
Research, development and engineering expenses 7 0
Equity, royalty and interest income from investees 0 0
Interest income 0 0
Segment EBITDA (10) 0
Depreciation and amortization (2) [2] 1  
Total Segment    
Operating results:    
Total sales 7,128 5,894
Research, development and engineering expenses 210 158
Equity, royalty and interest income from investees 115 108
Interest income 7 2
Segment EBITDA 768 704
Depreciation and amortization (2) [2] 153 139
Intersegment Eliminations    
Operating results:    
Total sales [3] (1,558) (1,305)
Non-segment items    
Operating results:    
Segment EBITDA [3] (68) 1
External Sales    
Operating results:    
Total sales 5,570 4,589
External Sales | Engine    
Operating results:    
Total sales 1,813 1,457
External Sales | Distribution    
Operating results:    
Total sales 1,847 1,637
External Sales | Components    
Operating results:    
Total sales 1,313 980
External Sales | Power Systems    
Operating results:    
Total sales 595 515
External Sales | Electrified Power    
Operating results:    
Total sales 2 0
External Sales | Total Segment    
Operating results:    
Total sales 5,570 4,589
Intersegment sales | Engine    
Operating results:    
Total sales 633 566
Intersegment sales | Distribution    
Operating results:    
Total sales 6 8
Intersegment sales | Components    
Operating results:    
Total sales 440 364
Intersegment sales | Power Systems    
Operating results:    
Total sales 479 367
Intersegment sales | Electrified Power    
Operating results:    
Total sales 0 0
Intersegment sales | Total Segment    
Operating results:    
Total sales 1,558 1,305
Intersegment sales | Intersegment Eliminations    
Operating results:    
Total sales [3] $ (1,558) (1,305)
Maximum    
Operating results:    
Amortization of Debt Discount (Premium)   $ 1
[1] Includes sales to nonconsolidated equity investees of $297 million and $267 million for the three months ended April 1, 2018 and April 2, 2017, respectively.
[2] Depreciation and amortization, as shown on a segment basis, excludes the amortization of debt discount and deferred costs included in the Condensed Consolidated Statements of Income as interest expense. The amortization of debt discount and deferred costs was $1 million and less than $1 million for the three month periods ended April 1, 2018 and April 2, 2017, respectively.
[3] Includes intersegment sales, intersegment profit in inventory eliminations and unallocated corporate expenses. There were no significant unallocated corporate expenses for the three months ended April 1, 2018 and April 2, 2017.