Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

 v2.3.0.11
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $)
In Millions
Total
Total Cummins Inc. Shareholders' Equity
Common Stock
Additional paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Common Stock Held in Trust
Unearned Compensation
Noncontrolling Interests
Comprehensive Income
BALANCE at Dec. 31, 2009 $ 4,020 $ 3,773 $ 555 $ 1,306 $ 3,575 $ (895) $ (731) $ (36) $ (1) $ 247  
Comprehensive income:                      
Net income 440 395     395         45 440
Other comprehensive income (loss) (Note 12) (65) (65)       (65)         (65)
Total comprehensive income 375 330               45 375
Issuance of shares 3 3   3              
Employee benefits trust activity 10 10   9       1      
Acquisition of shares (162) (162)         (162)        
Cash dividends on common stock (70) (70)     (70)            
Distribution to noncontrolling interests (4)                 (4)  
Stock option exercises 3 3         3        
Deconsolidation of variable interest entity (11)                 (11)  
Other shareholder transactions (4) (4)   (5)         1    
BALANCE at Jun. 27, 2010 4,160 3,883 555 1,313 3,900 (960) (890) (35)   277  
BALANCE at Mar. 28, 2010                      
Comprehensive income:                      
Net income 270 246               24  
Other comprehensive income (loss) (Note 12) (9) (5)               (4)  
Total comprehensive income 261 241               20  
BALANCE at Jun. 27, 2010 4,160 3,883 555             277  
BALANCE at Dec. 31, 2010 4,996 4,670 554 1,380 4,445 (720) (964) (25)   326  
Comprehensive income:                      
Net income 902 848     848         54 902
Other comprehensive income (loss) (Note 12) 75 75       75         75
Total comprehensive income 977 923               54 977
Issuance of shares 8 8 1 7              
Employee benefits trust activity 18 18   16       2      
Acquisition of shares (373) (373)         (373)        
Cash dividends on common stock (102) (102)     (102)            
Distribution to noncontrolling interests (26)                 (26)  
Stock option exercises 5 5   1     4        
Other shareholder transactions 14 9   9           5  
BALANCE at Jun. 26, 2011 5,517 5,158 555 1,413 5,191 (645) [1] (1,333) (23)   359  
BALANCE at Mar. 27, 2011                      
Comprehensive income:                      
Net income 537 505               32  
Other comprehensive income (loss) (Note 12) (5) (3)               (2)  
Total comprehensive income 532 502               30  
BALANCE at Jun. 26, 2011 $ 5,517 $ 5,158               $ 359  
[1] Comprised of defined benefit postretirement plans of $(613) million, foreign currency translation adjustments of $(36) million, and unrealized gain on marketable securities of $4 million.