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

Annual report pursuant to Section 13 and 15(d)

SHAREHOLDERS' EQUITY (Details)

SHAREHOLDERS' EQUITY (Details) (USD $) Share data in Millions, except Per Share data, unless otherwise specified	12 Months Ended			1 Months Ended			3 Months Ended												1 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jul. 31, 2013	Jul. 31, 2012	Jul. 31, 2011	Dec. 31, 2014	Sep. 28, 2014	Jun. 29, 2014	Mar. 30, 2014	Dec. 31, 2013	Sep. 29, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jul. 01, 2012	Apr. 01, 2012	Jul. 31, 2014	Dec. 31, 2012
Changes in shares of stock
Shares acquired (in shares)	4.8us-gaap_TreasuryStockSharesAcquired
Dividends Paid
Dividend payments on common stock (in dollars)	$ 512,000,000us-gaap_PaymentsOfDividends	$ 420,000,000us-gaap_PaymentsOfDividends	$ 340,000,000us-gaap_PaymentsOfDividends
Employee Benefits Trust
Contributions charged to income (in dollars)	35,000,000	34,000,000	35,000,000
Preferred Stock
Class of Stock
Preferred Stock, Shares Authorized	1						1
Preference Stock
Class of Stock
Preferred Stock, Shares Authorized	1						1
Common Stock
Changes in shares of stock
Balance at beginning of period (in shares)	222.3	222.4	222.2							222.3				222.4				222.2
Stock Issued During Period, Shares, New Issues	0.1	0.1	0.4
Other shareholder transactions (in shares)	(0.1)	(0.2)	(0.2)
Balance at the end of the period (in shares)	222.3	222.3	222.4				222.3				222.3				222.4					222.4
Dividends Paid
Cash dividend (in dollars per share)	$ 2.81	$ 2.25	$ 1.8				$ 0.78	$ 0.78	$ 0.625	$ 0.625	$ 0.625	$ 0.625	$ 0.50	$ 0.50	$ 0.50	$ 0.50	$ 0.40	$ 0.40
Employee Benefits Trust
Percentage increase in cash dividend per common share				25.00%	25.00%	25.00%
Treasury Stock
Changes in shares of stock
Balance at beginning of period (in shares)	35.6	32.6	30.2							35.6				32.6				30.2
Shares acquired (in shares)	4.8	3.3	2.6
Stock Issued During Period, Shares, New Issues	(0.3)	(0.3)	(0.2)
Balance at the end of the period (in shares)	40.1	35.6	32.6				40.1				35.6				32.6					32.6
Treasury Stock
Treasury Stock Repurchase Authorization Value																			1,000,000,000	1,000,000,000
Common Stock Held in Trust
Changes in shares of stock
Balance at beginning of period (in shares)	1.3	1.5	1.8							1.3				1.5				1.8
Stock Issued During Period, Shares, New Issues	(0.2)	(0.2)	(0.3)
Balance at the end of the period (in shares)	1.1	1.3	1.5				1.1				1.3				1.5					1.5
Employee Benefits Trust
Contributions charged to income (in dollars)	$ 24,000,000	$ 24,000,000	$ 27,000,000