COMMITMENTS AND CONTINGENCIES (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 3 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2013
U.S. Distributor Commitments
|
Mar. 31, 2013
Other Guarantees and Commitments
|
Mar. 31, 2013
Cummins Olayan Energy Limited debt guarantee
|
Mar. 31, 2013
Residual value guarantees
|
Mar. 31, 2013
Other debt guarantees
|
Mar. 31, 2013
Engine parts supplier
|
Mar. 31, 2013
Performance bonds and other performance-related guarantees
|
Dec. 31, 2012
Performance bonds and other performance-related guarantees
|
Mar. 31, 2013
Joint Venture Commitments
|
|
Commitments and contingencies: | |||||||||
Licensing agreement term | 3 years | ||||||||
Number of days in which distributors can terminate agreements without cause | 60 days | ||||||||
Number of days in which distributors can terminate agreements with cause | 30 days | ||||||||
Guarantee obligations, maximum potential loss | $ 14 | $ 8 | $ 1 | $ 5 | |||||
Long-term purchase commitment, penalty exposure | 114 | 83 | |||||||
Annual commitment under purchase contract with emission solutions business supplier through 2018 | 73 | ||||||||
Guarantee obligations, current carrying value | 69 | 70 | |||||||
Guarantee obligations commitment | 56 | ||||||||
Joint venture estimated commitment to be funded this year | $ 13 |