Quarterly report pursuant to Section 13 or 15(d)

COMPREHENSIVE INCOME

 v2.3.0.11
COMPREHENSIVE INCOME
 6 Months Ended
Jun. 26, 2011
COMPREHENSIVE INCOME.  
COMPREHENSIVE INCOME

NOTE 12.  COMPREHENSIVE INCOME

 

The table below provides a summary of total comprehensive income and the allocation of total comprehensive income between the shareholders of Cummins Inc. and the non-controlling interests for the three and six month periods ended June 26, 2011 and June 27, 2010.

 

 

 

Three months ended

 

 

 

June 26, 2011

 

June 27, 2010

 

In millions

 

Attributable to
Cummins Inc.

 

Attributable to
Noncontrolling
Interests

 

Total
Consolidated

 

Attributable to
Cummins Inc.

 

Attributable to
Noncontrolling
Interests

 

Total
Consolidated

 

Net income

 

$

505

 

$

32

 

$

537

 

$

246

 

$

24

 

$

270

 

Other comprehensive income (loss), net of tax

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized gain (loss) on marketable securities

 

—

 

—

 

—

 

1

 

—

 

1

 

Unrealized gain (loss) on derivatives

 

(12

)

—

 

(12

)

(2

)

—

 

(2

)

Foreign currency translation adjustments

 

2

 

(2

)

—

 

(12

)

(4

)

(16

)

Change in pensions and other postretirement defined benefit plans

 

7

 

—

 

7

 

8

 

—

 

8

 

Total other comprehensive income (loss)

 

(3

)

(2

)

(5

)

(5

)

(4

)

(9

)

Total comprehensive income

 

$

502

 

$

30

 

$

532

 

$

241

 

$

20

 

$

261

 

 

 

 

Six months ended

 

 

 

June 26, 2011

 

June 27, 2010

 

In millions

 

Attributable to
Cummins Inc.

 

Attributable to
Noncontrolling
Interests

 

Total
Consolidated

 

Attributable to
Cummins Inc.

 

Attributable to
Noncontrolling
Interests

 

Total
Consolidated

 

Net income

 

$

848

 

$

54

 

$

902

 

$

395

 

$

45

 

$

440

 

Other comprehensive income, net of tax

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized gain (loss) on marketable securities

 

—

 

—

 

—

 

1

 

—

 

1

 

Unrealized gain (loss) on derivatives

 

(12

)

—

 

(12

)

(7

)

—

 

(7

)

Foreign currency translation adjustments

 

54

 

—

 

54

 

(61

)

—

 

(61

)

Change in pensions and other postretirement defined benefit plans

 

33

 

—

 

33

 

2

 

—

 

2

 

Total other comprehensive income (loss)

 

75

 

—

 

75

 

(65

)

—

 

(65

)

Total comprehensive income

 

$

923

 

$

54

 

$

977

 

$

330

 

$

45

 

$

375