CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 28, 2015 |
Jun. 29, 2014 |
Jun. 28, 2015 |
Jun. 29, 2014 |
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| Statement of Comprehensive Income [Abstract] | ||||
| CONSOLIDATED NET INCOME | $ 496 | $ 472 | $ 900 | $ 830 |
| Other comprehensive income, net of tax (Note 11) | ||||
| Change in pension and other postretirement defined benefit plans | 15 | 10 | 28 | 14 |
| Foreign currency translation adjustments | 145 | 79 | (31) | 110 |
| Unrealized gain (loss) on marketable securities | 1 | (9) | 0 | (11) |
| Unrealized gain (loss) on derivatives | 8 | 3 | 8 | 5 |
| Total other comprehensive income (loss), net of tax | 169 | 83 | 5 | 118 |
| COMPREHENSIVE INCOME | 665 | 555 | 905 | 948 |
| Less: Comprehensive income attributable to noncontrolling interest | 20 | 23 | 40 | 49 |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC. | $ 645 | $ 532 | $ 865 | $ 899 |
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax and reclassification adjustments, of appreciation (loss) in value of unsold available-for-sale securities. Excludes amounts related to other than temporary impairment (OTTI) loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax and reclassification adjustments, of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount after tax and reclassification adjustments, of (increase) decrease in accumulated other comprehensive (income) loss related to pension and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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