Quarterly report pursuant to Section 13 or 15(d)

COMPREHENSIVE INCOME

v2.3.0.15
COMPREHENSIVE INCOME
 9 Months Ended
Sep. 25, 2011
COMPREHENSIVE INCOME.  
COMPREHENSIVE INCOME

NOTE 13.  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 nine month periods ended September 25, 2011 and September 26, 2010.

 

 

 

Three months ended

 

 

 

September 25, 2011

 

September 26, 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

 

$

452

 

$

20

 

$

472

 

$

283

 

$

26

 

$

309

 

Other comprehensive income (loss), net of tax

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized gain (loss) on marketable securities

 

—

 

1

 

1

 

1

 

2

 

3

 

Unrealized gain (loss) on derivatives

 

(19

)

—

 

(19

)

7

 

—

 

7

 

Foreign currency translation adjustments

 

(154

)

(23

)

(177

)

80

 

7

 

87

 

Change in pensions and other postretirement defined benefit plans

 

7

 

—

 

7

 

8

 

—

 

8

 

Total other comprehensive income (loss)

 

(166

)

(22

)

(188

)

96

 

9

 

105

 

Total comprehensive income

 

$

286

 

$

(2

)

$

284

 

$

379

 

$

35

 

$

414

 

 

 

 

Nine months ended

 

 

 

September 25, 2011

 

September 26, 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

 

$

1,300

 

$

74

 

$

1,374

 

$

678

 

$

71

 

$

749

 

Other comprehensive income (loss), net of tax

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized gain (loss) on marketable securities

 

—

 

1

 

1

 

2

 

2

 

4

 

Unrealized gain (loss) on derivatives

 

(31

)

—

 

(31

)

—

 

—

 

—

 

Foreign currency translation adjustments

 

(100

)

(23

)

(123

)

19

 

7

 

26

 

Change in pensions and other postretirement defined benefit plans

 

40

 

—

 

40

 

10

 

—

 

10

 

Total other comprehensive income (loss)

 

(91

)

(22

)

(113

)

31

 

9

 

40

 

Total comprehensive income

 

$

1,209

 

$

52

 

$

1,261

 

$

709

 

$

80

 

$

789