CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $)
In Millions, unless otherwise specified |
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
|
Noncontrolling Interests
|
---|---|---|---|---|---|---|---|---|---|
BALANCE at Dec. 31, 2011 | $ 5,831 | $ 5,492 | $ 555 | $ 1,446 | $ 6,038 | $ (938) | $ (1,587) | $ (22) | $ 339 |
Increase (Decrease) in Shareholders' Equity | |||||||||
Net income | 475 | 455 | 455 | 20 | |||||
Other comprehensive income (loss) | 135 | 125 | 125 | 10 | |||||
Issuance of shares | 1 | 1 | 1 | ||||||
Employee benefits trust activity | 14 | 14 | 12 | 2 | |||||
Acquisition of shares | (8) | (8) | (8) | ||||||
Cash dividends on common stock | (77) | (77) | (77) | ||||||
Distribution to noncontrolling interests | (35) | (35) | |||||||
Stock option exercises | 5 | 5 | 5 | ||||||
Other shareholder transactions | 17 | 3 | 3 | 14 | |||||
BALANCE at Apr. 01, 2012 | 6,358 | 6,010 | 556 | 1,461 | 6,416 | (813) | (1,590) | (20) | 348 |
BALANCE at Dec. 31, 2012 | 6,974 | 6,603 | 556 | 1,502 | 7,343 | (950) | (1,830) | (18) | 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 | 9 | 8 | 1 | |||||
Cash dividends on common stock | (95) | (95) | (95) | ||||||
Distribution to noncontrolling interests | (19) | (19) | |||||||
Stock option exercises | 3 | 3 | 3 | ||||||
Other shareholder transactions | 7 | (3) | (3) | 10 | |||||
BALANCE at Mar. 31, 2013 | $ 7,045 | $ 6,655 | $ 556 | $ 1,508 | $ 7,530 | $ (1,095) | $ (1,827) | $ (17) | $ 390 |