Cummins Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $) In Millions, unless otherwise specified	Total	Total Cummins Inc. Shareholders' Equity	Common Stock	Additional paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Treasury Stock	Common Stock Held in Trust	Noncontrolling interests
BALANCE at Dec. 31, 2011	$ 5,831	$ 5,492	$ 555	$ 1,446	$ 6,038	$ (938)	$ (1,587)	$ (22)	$ 339
Increase (Decrease) in Shareholders' Equity
Net income	1,738us-gaap_ProfitLoss	1,645			1,645				93
Other comprehensive income (loss)	(19)	(12)				(12)			(7)
Issuance of shares	7	7	1	6
Employee benefits trust activity	31cmi_EmployeeBenefitsTrustActivity	31		27				4
Acquisition of shares	(256)	(256)					(256)
Cash dividends on common stock	(340)us-gaap_DividendsCommonStockCash	(340)			(340)
Distribution to noncontrolling interests	(76)								(76)
Stock based awards	13	13					13
Other shareholder transactions	45us-gaap_StockholdersEquityOther	23		23					22
BALANCE at Dec. 31, 2012	6,974	6,603	556	1,502	7,343	(950)	(1,830)	(18)	371
Increase (Decrease) in Shareholders' Equity
Net income	1,588us-gaap_ProfitLoss	1,483			1,483				105
Other comprehensive income (loss)	137	166				166			(29)
Issuance of shares	8	8		8
Employee benefits trust activity	26cmi_EmployeeBenefitsTrustActivity	26		24				2
Acquisition of shares	(381)	(381)					(381)
Cash dividends on common stock	(420)us-gaap_DividendsCommonStockCash	(420)			(420)
Distribution to noncontrolling interests	(75)								(75)
Stock based awards	17	17		1			16
Other shareholder transactions	(4)us-gaap_StockholdersEquityOther	8		8					(12)
BALANCE at Dec. 31, 2013	7,870	7,510	556	1,543	8,406	(784)	(2,195)	(16)	360
Increase (Decrease) in Shareholders' Equity
Net income	1,736us-gaap_ProfitLoss	1,651			1,651				85
Other comprehensive income (loss)	(305)	(294)				(294)			(11)
Issuance of shares	9	9		9
Employee benefits trust activity	27cmi_EmployeeBenefitsTrustActivity	27		24				3
Acquisition of shares	(670)	(670)					(670)
Cash dividends on common stock	(512)us-gaap_DividendsCommonStockCash	(512)			(512)
Distribution to noncontrolling interests	(83)								(83)
Stock based awards	16	16		(5)			21
Other shareholder transactions	5us-gaap_StockholdersEquityOther	12		12					(7)
BALANCE at Dec. 31, 2014	$ 8,093	$ 7,749	$ 556	$ 1,583	$ 9,545	$ (1,078)	$ (2,844)	$ (13)	$ 344