CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $)
In Millions, unless otherwise specified |
Total
|
Common Stock
|
Additional Paid-in Capital
|
Retained Earnings
|
Accumulated Other Comprehensive Loss
|
Treasury Stock
|
Common Stock Held in Trust
|
Total Cummins Inc. Shareholders' Equity
|
Noncontrolling Interests
|
---|---|---|---|---|---|---|---|---|---|
BALANCE at Dec. 31, 2012 | $ 6,974 | $ 556 | $ 1,502 | $ 7,343 | $ (950) | $ (1,830) | $ (18) | $ 6,603 | $ 371 |
Increase (Decrease) in Shareholders' Equity | |||||||||
Net income | 312 | 282 | 282 | 30 | |||||
Other comprehensive income (loss) | (147) | (145) | (145) | (2) | |||||
Issuance of shares | 1 | 1 | 1 | ||||||
Employee benefits trust activity | 9 | 8 | 1 | 9 | |||||
Cash dividends on common stock | (95) | (95) | (95) | ||||||
Distributions to noncontrolling interests | (19) | (19) | |||||||
Stock based awards | 3 | 3 | 3 | ||||||
Other shareholder transactions | 7 | (3) | (3) | 10 | |||||
BALANCE at Mar. 31, 2013 | 7,045 | 556 | 1,508 | 7,530 | (1,095) | (1,827) | (17) | 6,655 | 390 |
BALANCE at Dec. 31, 2013 | 7,870 | 556 | 1,543 | 8,406 | (784) | (2,195) | (16) | 7,510 | 360 |
Increase (Decrease) in Shareholders' Equity | |||||||||
Net income | 358 | 338 | 338 | 20 | |||||
Other comprehensive income (loss) | 35 | 29 | 29 | 6 | |||||
Issuance of shares | 1 | 1 | 1 | ||||||
Employee benefits trust activity | 10 | 9 | 1 | 10 | |||||
Acquisition of shares | (419) | (419) | (419) | ||||||
Cash dividends on common stock | (115) | (115) | (115) | ||||||
Distributions to noncontrolling interests | (13) | (13) | |||||||
Stock based awards | 6 | (8) | 14 | 6 | |||||
Other shareholder transactions | 1 | 1 | |||||||
BALANCE at Mar. 30, 2014 | $ 7,734 | $ 556 | $ 1,545 | $ 8,629 | $ (755) | $ (2,600) | $ (15) | $ 7,360 | $ 374 |