Annual report pursuant to Section 13 and 15(d)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
 12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
NOTE 16. ACCUMULATED OTHER COMPREHENSIVE LOSS
Following are the changes in accumulated other comprehensive income (loss) by component:
In millions Change in
pensions and
other
postretirement
defined benefit
plans		 Foreign
currency
translation
adjustment		 Unrealized gain
(loss) on debt
securities		 Unrealized gain
(loss) on
derivatives		 Total
attributable to
Cummins Inc.		 Noncontrolling
interests		 Total
Balance at December 31, 2017 $ (689) $ (812) $ 1  $ (3) $ (1,503)    
Other comprehensive income before reclassifications              
Before-tax amount (42) (333) 2  21  (352) $ (30) $ (382)
Tax benefit (expense) 7  7  —  (7) 7  —  7 
After-tax amount (35) (326) 2  14  (345) (30) (375)
Amounts reclassified from accumulated other comprehensive income(1)
53  —  (3) (9) 41  1  42 
Net current period other comprehensive income (loss) 18  (326) (1) 5  (304) $ (29) $ (333)
Balance at December 31, 2018 $ (671) $ (1,138) $ —  $ 2  $ (1,807)    
Other comprehensive income before reclassifications              
Before-tax amount (106) (153) —  (12) (271) $ (5) $ (276)
Tax benefit (expense) 16  6  —  5  27  —  27 
After-tax amount (90) (147) —  (7) (244) (5) (249)
Amounts reclassified from accumulated other comprehensive income(1)
27  —  —  (4) 23  —  23 
Net current period other comprehensive loss (63) (147) —  (11) (221) $ (5) $ (226)
Balance at December 31, 2019 $ (734) $ (1,285) $ —  $ (9) $ (2,028)    
Other comprehensive income before reclassifications              
Before-tax amount (92) 73  —  (41) (60) $ (10) $ (70)
Tax benefit (expense) 26  8  —  9  43  —  43 
After-tax amount (66) 81  —  (32) (17) (10) (27)
Amounts reclassified from accumulated other comprehensive income(1)
65  —  —  (2) 63  —  63 
Net current period other comprehensive (loss) income (1) 81  —  (34) 46  $ (10) $ 36 
Balance at December 31, 2020 $ (735) $ (1,204) $ —  $ (43) $ (1,982)    
(1) Amounts are net of tax. Reclassifications out of accumulated other comprehensive income (loss) and the related tax effects are immaterial for separate disclosure.