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 846     820       820 26
Other comprehensive income (loss), net of tax (Note 13) 220           206 206 14
Issuance of common stock 3   3         3  
Employee benefits trust activity 13   12     1   13  
Repurchases of common stock (120)       (120)     (120)  
Cash dividends on common stock (343)     (343)       (343)  
Distributions to noncontrolling interests (10)               (10)
Stock based awards, net 23     23     23  
Other shareholder transactions 16   16         16 0
BALANCE AT END OF PERIOD at Jul. 02, 2017 7,822 556 1,628 11,517 (4,586) (7) (1,615) 7,493 329
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 879     870       870 9
Other comprehensive income (loss), net of tax (Note 13) (187)           (164) (164) (23)
Issuance of common stock 8   8         8  
Employee benefits trust activity 9   8     1   9  
Repurchases of common stock (379)       (379)     (379)  
Cash dividends on common stock (355)     (355)       (355)  
Distributions to noncontrolling interests (11)               (11)
Stock based awards, net 4   (4)   8     4  
Other shareholder transactions 32   17         17 15
BALANCE AT END OF PERIOD at Jul. 01, 2018 $ 8,194 $ 556 $ 1,683 $ 12,009 $ (5,276) $ (6) $ (1,667) $ 7,299 $ 895