Quarterly report pursuant to Section 13 or 15(d)

EQUITY, ROYALTY AND INTEREST INCOME FROM INVESTEES (Tables)

v3.22.2
EQUITY, ROYALTY AND INTEREST INCOME FROM INVESTEES (Tables)
 6 Months Ended
Jun. 30, 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 periods was as follows:
  Three months ended Six months ended
In millions June 30,
2022		 July 4,
2021		 June 30,
2022		 July 4,
2021
Manufacturing entities
Beijing Foton Cummins Engine Co., Ltd. $ 14  $ 46  $ 28  $ 85 
Dongfeng Cummins Engine Company, Ltd. 11  21  27  52 
Chongqing Cummins Engine Company, Ltd. 7  10  16  20 
Tata Cummins, Ltd. 5  1  14  7 
All other manufacturers 13  28  3 
(1)
 83 
Distribution entities
Komatsu Cummins Chile, Ltda. 12  9  19  15 
All other distributors 3  1  5  4 
Cummins share of net income 65  116  112  266 
Royalty and interest income 30  21  79  37 
Equity, royalty and interest income from investees $ 95  $ 137  $ 191  $ 303 
(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.