ACQUISITIONS AND DIVESTITURES (Details) (USD $) In Millions, unless otherwise specified
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12 Months Ended |
0 Months Ended |
12 Months Ended |
1 Months Ended |
0 Months Ended |
Dec. 31, 2014
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Dec. 31, 2013
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Dec. 31, 2012
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Nov. 03, 2014
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Sep. 29, 2014
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Aug. 04, 2014
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May 05, 2014
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Mar. 31, 2014
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Feb. 14, 2014
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Dec. 31, 2013
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May 06, 2013
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Jul. 01, 2013
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Jan. 31, 2013
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Jul. 02, 2012
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Dec. 31, 2011
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Jul. 31, 2012
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Sep. 16, 2013
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Business Acquisition |
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Investments and advances related to equity method investees |
$ 981us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
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$ 931us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
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$ 897us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
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$ 931us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
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Gain on remeasurement of pre-existing ownership interest in the acquiree company |
73us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
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12us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
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7us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
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Business Combination Purchase Price Distributed in Future Quarters |
22cmi_BusinessCombinationPurchasePriceDistributedInFutureQuarters
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The purchase price was allocated as follows: |
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Goodwill |
479us-gaap_Goodwill
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461us-gaap_Goodwill
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445us-gaap_Goodwill
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461us-gaap_Goodwill
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Net sales, included in consolidated statement |
19,221us-gaap_SalesRevenueNet
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17,301us-gaap_SalesRevenueNet
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17,334us-gaap_SalesRevenueNet
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[1] |
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Cummins Bridgeway LLC |
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Business Acquisition |
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Business Acquisition, Percentage of Voting Interests Acquired |
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54.00%us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired / us-gaap_BusinessAcquisitionAxis = cmi_CumminsBridgewayLLCMemberDomain
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[2] |
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Cash paid for business acquisition |
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22us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = cmi_CumminsBridgewayLLCMemberDomain
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[2] |
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Payments to Acquire Businesses Liabilities Paid |
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45cmi_PaymentsToAcquireBusinessesLiabilitiesPaid / us-gaap_BusinessAcquisitionAxis = cmi_CumminsBridgewayLLCMemberDomain
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[2] |
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Gain on remeasurement of pre-existing ownership interest in the acquiree company |
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13us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain / us-gaap_BusinessAcquisitionAxis = cmi_CumminsBridgewayLLCMemberDomain
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[2],[3] |
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Net sales prior to acquisition |
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331us-gaap_BusinessAcquisitionRevenueReportedByAcquiredEntityForLastAnnualPeriod / us-gaap_BusinessAcquisitionAxis = cmi_CumminsBridgewayLLCMemberDomain
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[4] |
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The purchase price was allocated as follows: |
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Intangible assets, other than goodwill |
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15us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsBridgewayLLCMemberDomain
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[2],[5] |
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Goodwill |
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4us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsBridgewayLLCMemberDomain
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[2] |
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Consideration transferred |
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77us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsBridgewayLLCMemberDomain
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[2],[6] |
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Cummins Npower LLC |
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Business Acquisition |
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Business Acquisition, Percentage of Voting Interests Acquired |
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50.00%us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNpowerLLCMember
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Cash paid for business acquisition |
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33us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNpowerLLCMember
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Payments to Acquire Businesses Liabilities Paid |
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34cmi_PaymentsToAcquireBusinessesLiabilitiesPaid / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNpowerLLCMember
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Gain on remeasurement of pre-existing ownership interest in the acquiree company |
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15us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNpowerLLCMember
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[3] |
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Net sales prior to acquisition |
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374us-gaap_BusinessAcquisitionRevenueReportedByAcquiredEntityForLastAnnualPeriod / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNpowerLLCMember
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[4] |
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The purchase price was allocated as follows: |
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Intangible assets, other than goodwill |
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8us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNpowerLLCMember
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[5] |
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Goodwill |
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7us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNpowerLLCMember
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Consideration transferred |
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73us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNpowerLLCMember
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[6] |
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Cummins Power South LLC |
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Business Acquisition |
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Business Acquisition, Percentage of Voting Interests Acquired |
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50.00%us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired / us-gaap_BusinessAcquisitionAxis = cmi_CumminsPowerSouthLLCMember
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Cash paid for business acquisition |
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17us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = cmi_CumminsPowerSouthLLCMember
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Payments to Acquire Businesses Liabilities Paid |
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16cmi_PaymentsToAcquireBusinessesLiabilitiesPaid / us-gaap_BusinessAcquisitionAxis = cmi_CumminsPowerSouthLLCMember
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Gain on remeasurement of pre-existing ownership interest in the acquiree company |
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7us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain / us-gaap_BusinessAcquisitionAxis = cmi_CumminsPowerSouthLLCMember
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[3] |
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Net sales prior to acquisition |
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239us-gaap_BusinessAcquisitionRevenueReportedByAcquiredEntityForLastAnnualPeriod / us-gaap_BusinessAcquisitionAxis = cmi_CumminsPowerSouthLLCMember
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[4] |
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The purchase price was allocated as follows: |
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Intangible assets, other than goodwill |
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1us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsPowerSouthLLCMember
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[5] |
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Goodwill |
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8us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsPowerSouthLLCMember
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Consideration transferred |
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35us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsPowerSouthLLCMember
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[6] |
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Cummins Eastern Canada LP |
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Business Acquisition |
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Business Acquisition, Percentage of Voting Interests Acquired |
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50.00%us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired / us-gaap_BusinessAcquisitionAxis = cmi_CumminsEasternCanadaLPMember
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Cash paid for business acquisition |
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29us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = cmi_CumminsEasternCanadaLPMember
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Payments to Acquire Businesses Liabilities Paid |
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32cmi_PaymentsToAcquireBusinessesLiabilitiesPaid / us-gaap_BusinessAcquisitionAxis = cmi_CumminsEasternCanadaLPMember
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Gain on remeasurement of pre-existing ownership interest in the acquiree company |
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18us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain / us-gaap_BusinessAcquisitionAxis = cmi_CumminsEasternCanadaLPMember
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[3] |
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Net sales prior to acquisition |
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228us-gaap_BusinessAcquisitionRevenueReportedByAcquiredEntityForLastAnnualPeriod / us-gaap_BusinessAcquisitionAxis = cmi_CumminsEasternCanadaLPMember
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[4] |
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The purchase price was allocated as follows: |
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Intangible assets, other than goodwill |
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4us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsEasternCanadaLPMember
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[5] |
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Goodwill |
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5us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsEasternCanadaLPMember
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Consideration transferred |
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62us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsEasternCanadaLPMember
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[6] |
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Cummins Power Systems LLC |
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Business Acquisition |
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Business Acquisition, Percentage of Voting Interests Acquired |
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30.00%us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired / us-gaap_BusinessAcquisitionAxis = cmi_CumminsPowerSystemsLLCMember
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Cash paid for business acquisition |
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14us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = cmi_CumminsPowerSystemsLLCMember
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Payments to Acquire Businesses Liabilities Paid |
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0cmi_PaymentsToAcquireBusinessesLiabilitiesPaid / us-gaap_BusinessAcquisitionAxis = cmi_CumminsPowerSystemsLLCMember
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The purchase price was allocated as follows: |
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Consideration transferred |
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14us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsPowerSystemsLLCMember
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Cummins Southern Plains LLC |
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Business Acquisition |
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Business Acquisition, Percentage of Voting Interests Acquired |
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50.00%us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
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Cash paid for business acquisition |
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43us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
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Payments to Acquire Businesses Liabilities Paid |
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48cmi_PaymentsToAcquireBusinessesLiabilitiesPaid / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
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|
Gain on remeasurement of pre-existing ownership interest in the acquiree company |
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|
13us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
|
[3] |
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Net sales prior to acquisition |
|
433us-gaap_BusinessAcquisitionRevenueReportedByAcquiredEntityForLastAnnualPeriod / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
|
[4] |
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The purchase price was allocated as follows: |
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Accounts receivable |
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|
63us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
|
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Inventory |
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59us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
|
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Fixed assets |
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|
47us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
|
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Intangible assets, other than goodwill |
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|
11us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
|
[5] |
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Goodwill |
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|
1us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
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Other assets |
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8us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
|
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Current liabilities |
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(53)us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
|
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|
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities |
|
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|
0us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilities / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
|
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|
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|
Total business valuation |
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|
136us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedLessNoncontrollingInterest / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
|
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|
Fair value of pre-existing 33 percent interest |
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|
(44)us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeFairValue1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
|
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Consideration transferred |
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|
92us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsSouthernPlainsLLCMember
|
[6] |
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Cummins Mid-South LLC |
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|
Business Acquisition |
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|
Business Acquisition, Percentage of Voting Interests Acquired |
|
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|
62.20%us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
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|
Cash paid for business acquisition |
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|
55us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
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|
Payments to Acquire Businesses Liabilities Paid |
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|
61cmi_PaymentsToAcquireBusinessesLiabilitiesPaid / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
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|
Gain on remeasurement of pre-existing ownership interest in the acquiree company |
|
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|
|
|
|
|
|
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|
7us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
[3] |
|
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|
Net sales prior to acquisition |
|
368us-gaap_BusinessAcquisitionRevenueReportedByAcquiredEntityForLastAnnualPeriod / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
[4] |
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|
The purchase price was allocated as follows: |
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|
Accounts receivable |
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|
71us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
|
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|
Inventory |
|
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|
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|
70us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
|
|
|
|
|
|
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|
|
|
|
|
|
Fixed assets |
|
|
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|
|
37us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Intangible assets, other than goodwill |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
[5] |
|
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|
Goodwill |
|
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|
4us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other assets |
|
|
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|
|
10us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current liabilities |
|
|
|
|
|
|
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|
|
|
|
|
|
|
(43)us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(4)us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilities / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total business valuation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
153us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedLessNoncontrollingInterest / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair value of pre-existing 33 percent interest |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(35)us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeFairValue1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consideration transferred |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
118us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsMidSouthLLCMember
|
[6] |
|
|
|
|
|
|
|
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|
|
|
|
Cummins Western Canada LP |
|
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|
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|
|
|
|
|
|
|
Business Acquisition |
|
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|
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|
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|
|
|
|
|
|
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|
|
|
|
|
|
Business Acquisition, Percentage of Voting Interests Acquired |
|
35.00%us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired / us-gaap_BusinessAcquisitionAxis = cmi_CumminsWesternCanadaLPMember
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
35.00%us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired / us-gaap_BusinessAcquisitionAxis = cmi_CumminsWesternCanadaLPMember
|
|
|
|
|
|
|
|
|
|
|
|
Cash paid for business acquisition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
32us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = cmi_CumminsWesternCanadaLPMember
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Businesses Liabilities Paid |
|
0cmi_PaymentsToAcquireBusinessesLiabilitiesPaid / us-gaap_BusinessAcquisitionAxis = cmi_CumminsWesternCanadaLPMember
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0cmi_PaymentsToAcquireBusinessesLiabilitiesPaid / us-gaap_BusinessAcquisitionAxis = cmi_CumminsWesternCanadaLPMember
|
|
|
|
|
|
|
|
|
|
|
|
The purchase price was allocated as follows: |
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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|
|
Consideration transferred |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
32us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsWesternCanadaLPMember
|
|
|
|
|
|
|
|
|
|
|
|
Cummins Rocky Mountain LLC |
|
|
|
|
|
|
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|
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|
|
|
|
|
|
|
|
|
|
|
Business Acquisition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Business Acquisition, Percentage of Voting Interests Acquired |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
67.00%us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
|
|
|
|
|
|
|
|
|
|
Cash paid for business acquisition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
62us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Businesses Liabilities Paid |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
74cmi_PaymentsToAcquireBusinessesLiabilitiesPaid / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
|
|
|
|
|
|
|
|
|
|
Gain on remeasurement of pre-existing ownership interest in the acquiree company |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
[3] |
|
|
|
|
|
|
|
|
|
Net sales prior to acquisition |
|
|
|
384us-gaap_BusinessAcquisitionRevenueReportedByAcquiredEntityForLastAnnualPeriod / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
[4] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The purchase price was allocated as follows: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accounts receivable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
48us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
|
|
|
|
|
|
|
|
|
|
Inventory |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
100us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
|
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
34us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
|
|
|
|
|
|
|
|
|
|
Intangible assets, other than goodwill |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
[5] |
|
|
|
|
|
|
|
|
|
Goodwill |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
|
|
|
|
|
|
|
|
|
|
Other assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
|
|
|
|
|
|
|
|
|
|
Current liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(41)us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
|
|
|
|
|
|
|
|
|
|
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilities / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
|
|
|
|
|
|
|
|
|
|
Total business valuation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
167us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedLessNoncontrollingInterest / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
|
|
|
|
|
|
|
|
|
|
Fair value of pre-existing 33 percent interest |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(31)us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeFairValue1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
|
|
|
|
|
|
|
|
|
|
Consideration transferred |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
136us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsRockyMountainLLCMember
|
|
|
|
|
|
|
|
|
|
|
Cummins Northwest LLC |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Business Acquisition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Business Acquisition, Percentage of Voting Interests Acquired |
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20.01%us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNorthwestMember
|
50.00%us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNorthwestMember
|
[7] |
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Cash paid for business acquisition |
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4us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNorthwestMember
|
18us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNorthwestMember
|
[7] |
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Gain on remeasurement of pre-existing ownership interest in the acquiree company |
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7us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNorthwestMember
|
[3],[7] |
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Net sales prior to acquisition |
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137us-gaap_BusinessAcquisitionRevenueReportedByAcquiredEntityForLastAnnualPeriod / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNorthwestMember
|
[4],[7] |
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Additional interest acquired (as a percent) |
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20.01%us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNorthwestMember
|
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Ownership in partnership formed, post acquisition (as a percent) |
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79.99%us-gaap_MinorityInterestOwnershipPercentageByParent / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNorthwestMember
|
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The purchase price was allocated as follows: |
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Intangible assets, other than goodwill |
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2us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNorthwestMember
|
[5],[7] |
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Goodwill |
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3us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNorthwestMember
|
[7] |
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Consideration transferred |
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4us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNorthwestMember
|
18us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsNorthwestMember
|
[7] |
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Cummins Central Power LLC |
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Business Acquisition |
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|
Business Acquisition, Percentage of Voting Interests Acquired |
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45.00%us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired / us-gaap_BusinessAcquisitionAxis = cmi_CumminsCentralPowerMember
|
[8] |
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Cash paid for business acquisition |
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26us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = cmi_CumminsCentralPowerMember
|
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Gain on remeasurement of pre-existing ownership interest in the acquiree company |
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7us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain / us-gaap_BusinessAcquisitionAxis = cmi_CumminsCentralPowerMember
|
[3] |
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Net sales prior to acquisition |
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209us-gaap_BusinessAcquisitionRevenueReportedByAcquiredEntityForLastAnnualPeriod / us-gaap_BusinessAcquisitionAxis = cmi_CumminsCentralPowerMember
|
[4] |
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|
Ownership in partnership formed, post acquisition (as a percent) |
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79.99%us-gaap_MinorityInterestOwnershipPercentageByParent / us-gaap_BusinessAcquisitionAxis = cmi_CumminsCentralPowerMember
|
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|
The purchase price was allocated as follows: |
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Intangible assets, other than goodwill |
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4us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill / us-gaap_BusinessAcquisitionAxis = cmi_CumminsCentralPowerMember
|
[5] |
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Consideration transferred |
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26us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = cmi_CumminsCentralPowerMember
|
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|
Hilite Germany GmbH |
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Business Acquisition |
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|
Net sales prior to acquisition |
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104us-gaap_BusinessAcquisitionRevenueReportedByAcquiredEntityForLastAnnualPeriod / us-gaap_BusinessAcquisitionAxis = cmi_HiliteGermanyGmbHMember
|
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The purchase price was allocated as follows: |
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Inventory |
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5us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory / us-gaap_BusinessAcquisitionAxis = cmi_HiliteGermanyGmbHMember
|
|
Fixed assets |
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5us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment / us-gaap_BusinessAcquisitionAxis = cmi_HiliteGermanyGmbHMember
|
|
Intangible assets, other than goodwill |
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83us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill / us-gaap_BusinessAcquisitionAxis = cmi_HiliteGermanyGmbHMember
|
|
Goodwill |
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91us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = cmi_HiliteGermanyGmbHMember
|
|
Liabilities |
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(8)us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities / us-gaap_BusinessAcquisitionAxis = cmi_HiliteGermanyGmbHMember
|
|
Purchase Price |
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176us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet / us-gaap_BusinessAcquisitionAxis = cmi_HiliteGermanyGmbHMember
|
|
Acquisition related costs |
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4us-gaap_BusinessCombinationAcquisitionRelatedCosts / us-gaap_BusinessAcquisitionAxis = cmi_HiliteGermanyGmbHMember
|
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Finite-Lived Intangibles |
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83us-gaap_FinitelivedIntangibleAssetsAcquired1 / us-gaap_BusinessAcquisitionAxis = cmi_HiliteGermanyGmbHMember
|
|
Weighted average amortization life |
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|
8 years 6 months
|
|
Net sales, included in consolidated statement |
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|
46us-gaap_SalesRevenueNet / us-gaap_BusinessAcquisitionAxis = cmi_HiliteGermanyGmbHMember
|
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|
Hilite Germany GmbH | Technology |
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|
The purchase price was allocated as follows: |
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Finite-Lived Intangibles |
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52us-gaap_FinitelivedIntangibleAssetsAcquired1 / us-gaap_BusinessAcquisitionAxis = cmi_HiliteGermanyGmbHMember / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = cmi_TechnologyMember
|
|
Weighted average amortization life |
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|
10 years 7 months 6 days
|
|
Hilite Germany GmbH | Customer |
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|
The purchase price was allocated as follows: |
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|
Finite-Lived Intangibles |
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23us-gaap_FinitelivedIntangibleAssetsAcquired1 / us-gaap_BusinessAcquisitionAxis = cmi_HiliteGermanyGmbHMember / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_CustomerRelationshipsMember
|
|
Weighted average amortization life |
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4 years 6 months
|
|
Hilite Germany GmbH | License agreements |
|
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The purchase price was allocated as follows: |
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|
Finite-Lived Intangibles |
|
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|
$ 8us-gaap_FinitelivedIntangibleAssetsAcquired1 / us-gaap_BusinessAcquisitionAxis = cmi_HiliteGermanyGmbHMember / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_LicensingAgreementsMember
|
|
Weighted average amortization life |
|
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|
6 years
|
|
Minimum |
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|
Business Acquisition |
|
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|
Acquisition period for North American distributors |
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|
3 years
|
Maximum |
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|
Business Acquisition |
|
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|
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|
Acquisition period for North American distributors |
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|
5 years
|
Maximum | Customer |
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|
The purchase price was allocated as follows: |
|
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|
Weighted average amortization life |
5 years
|
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