Quarterly report pursuant to Section 13 or 15(d)

EQUITY, ROYALTY AND INTEREST INCOME FROM INVESTEES (Tables)

v3.22.1
EQUITY, ROYALTY AND INTEREST INCOME FROM INVESTEES (Tables)
 3 Months Ended
Mar. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Equity, royalty and interest income from investees
Equity, royalty and interest income from investees included in our Condensed Consolidated Statements of Net Income for the reporting period was as follows:
  Three months ended
In millions March 31,
2022		 April 4,
2021
Manufacturing entities
Dongfeng Cummins Engine Company, Ltd. $ 16  $ 31 
Beijing Foton Cummins Engine Co., Ltd. 14  39 
Tata Cummins, Ltd. 9  6 
Chongqing Cummins Engine Company, Ltd. 9  10 
All other manufacturers (10)
(1)
 55 
Distribution entities
Komatsu Cummins Chile, Ltda. 7  6 
All other distributors 2  3 
Cummins share of net income 47  150 
Royalty and interest income 49  16 
Equity, royalty and interest income from investees $ 96  $ 166 
(1) Includes a $28 million impairment of our joint venture with KAMAZ and $3 million of royalty charges as part of our costs associated with the suspension of our Russian operations. In addition, on February 7, 2022, we purchased Westport Fuel System Inc.'s stake in Cummins Westport Joint Venture. See NOTE 3, "RUSSIAN OPERATIONS" and NOTE 14, "ACQUISITIONS" to our Condensed Consolidated Financial Statements for additional information.