|
|
|
|
|
|
|
|
|
|
|
In millions
|
|
Before
Tax
Amount |
|
Tax
(Provision)
Benefit |
|
After
Tax
Amount |
|
|
Year ended December 31, 2011
|
|
|
|
|
|
|
|
|
|
|
|
Change in pensions and other postretirement defined benefit plans
|
|
$ |
(107 |
) |
$ |
29 |
|
$ |
(78 |
) |
| |
|
|
|
|
|
|
|
|
Foreign currency translation adjustments
|
|
|
(120 |
) |
|
12 |
|
|
(108 |
) |
| |
|
|
|
|
|
|
|
|
Unrealized gain (loss) on marketable securities:
|
|
|
|
|
|
|
|
|
|
|
|
Holding gain (loss)
|
|
|
(3 |
) |
|
1 |
|
|
(2 |
) |
|
Reclassification of realized gain (loss) to net income
|
|
|
3 |
|
|
(1 |
) |
|
2 |
|
| |
|
|
|
|
|
|
|
|
Net unrealized gain (loss)
|
|
|
— |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
Unrealized gain (loss) on derivatives:
|
|
|
|
|
|
|
|
|
|
|
|
Holding gain (loss)
|
|
|
(26 |
) |
|
11 |
|
|
(15 |
) |
|
Reclassification of realized gain (loss) to net income
|
|
|
(22 |
) |
|
5 |
|
|
(17 |
) |
| |
|
|
|
|
|
|
|
|
Net unrealized gain (loss)
|
|
|
(48 |
) |
|
16 |
|
|
(32 |
) |
| |
|
|
|
|
|
|
|
|
Other comprehensive income (loss) attributable to Cummins Inc.
|
|
|
(275 |
) |
|
57 |
|
|
(218 |
) |
|
Noncontrolling interests
|
|
|
(38 |
) |
|
— |
|
|
(38 |
) |
| |
|
|
|
|
|
|
|
|
Total other comprehensive income (loss)
|
|
$ |
(313 |
) |
$ |
57 |
|
$ |
(256 |
) |
| |
|
|
|
|
|
|
|
|
Year ended December 31, 2010
|
|
|
|
|
|
|
|
|
|
|
|
Change in pensions and other postretirement defined benefit plans
|
|
$ |
207 |
|
$ |
(65 |
) |
$ |
142 |
|
| |
|
|
|
|
|
|
|
|
Foreign currency translation adjustments
|
|
|
52 |
|
|
(25 |
) |
|
27 |
|
| |
|
|
|
|
|
|
|
|
Unrealized gain (loss) on marketable securities:
|
|
|
|
|
|
|
|
|
|
|
|
Holding gain (loss)
|
|
|
2 |
|
|
— |
|
|
2 |
|
|
Reclassification of realized gain (loss) to net income
|
|
|
— |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
Net unrealized gain (loss)
|
|
|
2 |
|
|
— |
|
|
2 |
|
| |
|
|
|
|
|
|
|
|
Unrealized gain (loss) on derivatives:
|
|
|
|
|
|
|
|
|
|
|
|
Holding gain (loss)
|
|
|
8 |
|
|
(3 |
) |
|
5 |
|
|
Reclassification of realized gain (loss) to net income
|
|
|
(2 |
) |
|
1 |
|
|
(1 |
) |
| |
|
|
|
|
|
|
|
|
Net unrealized gain (loss)
|
|
|
6 |
|
|
(2 |
) |
|
4 |
|
| |
|
|
|
|
|
|
|
|
Other comprehensive income (loss) attributable to Cummins Inc.
|
|
|
267 |
|
|
(92 |
) |
|
175 |
|
|
Noncontrolling interests
|
|
|
12 |
|
|
— |
|
|
12 |
|
| |
|
|
|
|
|
|
|
|
Total other comprehensive income (loss)
|
|
$ |
279 |
|
$ |
(92 |
) |
$ |
187 |
|
| |
|
|
|
|
|
|
|
|
Year ended December 31, 2009
|
|
|
|
|
|
|
|
|
|
|
|
Change in pensions and other postretirement defined benefit plans
|
|
$ |
14 |
|
$ |
(4 |
) |
$ |
10 |
|
| |
|
|
|
|
|
|
|
|
Foreign currency translation adjustments
|
|
|
95 |
|
|
(9 |
) |
|
86 |
|
| |
|
|
|
|
|
|
|
|
Unrealized gain (loss) on marketable securities:
|
|
|
|
|
|
|
|
|
|
|
|
Holding gain (loss)
|
|
|
2 |
|
|
(1 |
) |
|
1 |
|
|
Reclassification of realized gain (loss) to net income
|
|
|
(2 |
) |
|
1 |
|
|
(1 |
) |
| |
|
|
|
|
|
|
|
|
Net unrealized gain (loss)
|
|
|
— |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
Unrealized gain (loss) on derivatives:
|
|
|
|
|
|
|
|
|
|
|
|
Holding gain (loss)
|
|
|
81 |
|
|
(25 |
) |
|
56 |
|
|
Reclassification of realized gain (loss) to net income
|
|
|
25 |
|
|
(6 |
) |
|
19 |
|
| |
|
|
|
|
|
|
|
|
Net unrealized gain (loss)
|
|
|
106 |
|
|
(31 |
) |
|
75 |
|
| |
|
|
|
|
|
|
|
|
Other comprehensive income (loss) attributable to Cummins Inc.
|
|
|
215 |
|
|
(44 |
) |
|
171 |
|
|
Noncontrolling interests
|
|
|
14 |
|
|
— |
|
|
14 |
|
| |
|
|
|
|
|
|
|
|
Total other comprehensive income (loss)
|
|
$ |
229 |
|
$ |
(44 |
) |
$ |
185 |
|
| |
|
|
|
|
|
|
|