NOTE 5. EQUITY, ROYALTY AND INTEREST INCOME FROM INVESTEES
Equity, royalty and interest income from investees included in our Condensed Consolidated Statements of Income for the interim reporting periods was as follows:
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Three months ended |
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Nine months ended |
In millions |
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September 29, 2013 |
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September 30, 2012 |
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September 29, 2013 |
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September 30, 2012 |
Distribution Entities |
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North American distributors |
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$ |
34 |
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$ |
37 |
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$ |
98 |
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$ |
115 |
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Komatsu Cummins Chile, Ltda. |
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6 |
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9 |
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17 |
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20 |
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All other distributors |
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1 |
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— |
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1 |
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3 |
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Manufacturing Entities |
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Chongqing Cummins Engine Company, Ltd. |
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15 |
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|
14 |
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|
44 |
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49 |
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Dongfeng Cummins Engine Company, Ltd. |
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13 |
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9 |
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45 |
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42 |
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Beijing Foton Cummins Engine Co., Ltd. |
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4 |
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3 |
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14 |
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3 |
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Shanghai Fleetguard Filter Co., Ltd. |
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4 |
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3 |
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11 |
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10 |
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Cummins Westport, Inc. |
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2 |
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2 |
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5 |
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11 |
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Tata Cummins, Ltd. |
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1 |
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— |
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4 |
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7 |
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Komatsu manufacturing alliances |
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— |
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(1 |
) |
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3 |
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(1 |
) |
Valvoline Cummins, Ltd. |
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— |
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|
2 |
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|
5 |
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|
6 |
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Xian Cummins Engine Company Ltd. |
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— |
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|
1 |
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1 |
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(5 |
) |
All other manufacturers |
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3 |
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|
6 |
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|
6 |
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|
12 |
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Cummins share of net income |
|
83 |
|
|
85 |
|
|
254 |
|
|
272 |
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Royalty and interest income |
|
8 |
|
|
9 |
|
|
27 |
|
|
30 |
|
Equity, royalty and interest income from investees |
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$ |
91 |
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$ |
94 |
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$ |
281 |
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$ |
302 |
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