Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS AND DIVESTITURES (Details)

v2.4.0.8
ACQUISITIONS AND DIVESTITURES (Details) (USD $)
In Millions, unless otherwise specified
9 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 3 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended
Sep. 28, 2014
Sep. 29, 2013
Dec. 31, 2013
Sep. 16, 2013
Minimum
Sep. 16, 2013
Maximum
Aug. 04, 2014
Cummins Eastern Canada LP
Dec. 31, 2013
Cummins Eastern Canada LP
Aug. 04, 2014
Cummins Eastern Canada LP
Mar. 31, 2014
Cummins Eastern Canada LP
Customer
Maximum
May 05, 2014
Cummins Power Systems LLC
May 05, 2014
Cummins Power Systems LLC
Mar. 31, 2014
Cummins Southern Plains LLC
Dec. 31, 2013
Cummins Southern Plains LLC
Mar. 31, 2014
Cummins Southern Plains LLC
Mar. 31, 2014
Cummins Southern Plains LLC
Maximum
Mar. 31, 2014
Cummins Southern Plains LLC
Customer
Minimum
Mar. 31, 2014
Cummins Southern Plains LLC
Customer
Maximum
Feb. 14, 2014
Cummins Mid-South LLC
Jun. 29, 2014
Cummins Mid-South LLC
Dec. 31, 2013
Cummins Mid-South LLC
Feb. 14, 2014
Cummins Mid-South LLC
Feb. 14, 2014
Cummins Mid-South LLC
Customer
Minimum
Feb. 14, 2014
Cummins Mid-South LLC
Customer
Maximum
May 31, 2013
Cummins Rocky Mountain LLC
Dec. 31, 2012
Cummins Rocky Mountain LLC
May 31, 2013
Cummins Rocky Mountain LLC
May 31, 2013
Cummins Rocky Mountain LLC
Customer
Minimum
May 31, 2013
Cummins Rocky Mountain LLC
Customer
Maximum
Jul. 31, 2013
Cummins Northwest
Jan. 31, 2013
Cummins Northwest
Dec. 31, 2012
Cummins Northwest
Jul. 31, 2013
Cummins Northwest
Jan. 31, 2013
Cummins Northwest
Business Acquisition                                                                  
Acquisition period for North American Distributors       3 years 5 years                                                        
Remaining interest acquired (as a percent)               50.00%     30.00%     50.00%             62.20%         67.00%           20.01% 50.00%
Cash paid for business acquisition           $ 22       $ 14   $ 42           $ 32           $ 62                  
Cash consideration paid to creditors to eliminate all debt related to the acquired entity               32           48             61         74              
Additional Cash Paid to Acquire Business                                     23                            
Purchase price distributed in future quarters               8                                                  
Gain on remeasurement of pre-existing ownership interest in the acquiree company 38 12       18           13           6 1         5           7      
Ownership interest in the acquiree company, immediately prior to acquisition (as a percent)               50.00%           50.00%             37.80%         33.00%             50.00%
Net sales prior to acquisition             228           433             368         384           137    
Weighted average amortization life                 1 year             1 year 5 years         1 year 5 years       1 year 4 years          
The preliminary purchase price allocation, subject to finalization, was as follows:                                                                  
Accounts receivable                           63             71         48              
Inventory                           59             70         100              
Fixed assets                           47             37         34              
Intangible assets                           11             8         8              
Goodwill 465   461         5             1           4         10             3
Other current assets                           9             10         8              
Current liabilities                           (53)             (43)         (41)              
Noncurrent Liabilities                                         (4)                        
Total business valuation                           136             153         167              
Pre-existing ownership fair value                       (44)           (35)           (31)                  
Consideration Transferred           $ 62           $ 92           $ 118           $ 136         $ 4 $ 18      
Other information                                                                  
Ownership in partnership formed, post acquisition (as a percent)                                                                 79.99%
Third party ownership in partnership formed, post acquisition (as a percent)                                                                 20.01%