NOTE 5. EQUITY, ROYALTY AND INTEREST INCOME FROM INVESTEES
Equity, royalty and interest income from investees included in our Condensed Consolidated Statements of Income for the interim reporting periods was as follows:
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Three months ended |
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Nine months ended |
In millions |
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September 27,
2015 |
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September 28,
2014 |
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September 27,
2015 |
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September 28,
2014 |
Distribution Entities |
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North American distributors |
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$ |
9 |
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$ |
27 |
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$ |
27 |
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$ |
89 |
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Komatsu Cummins Chile, Ltda. |
|
8 |
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|
8 |
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|
23 |
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|
22 |
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All other distributors |
|
1 |
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— |
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|
2 |
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|
2 |
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Manufacturing Entities |
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Beijing Foton Cummins Engine Co., Ltd |
|
18 |
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|
5 |
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|
47 |
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|
6 |
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Dongfeng Cummins Engine Company, Ltd. |
|
11 |
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|
15 |
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|
40 |
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|
51 |
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Chongqing Cummins Engine Company, Ltd. |
|
9 |
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|
13 |
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|
32 |
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|
39 |
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All other manufacturers |
|
13 |
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|
20 |
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|
41 |
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|
54 |
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Cummins share of net income |
|
69 |
|
|
88 |
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|
212 |
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|
263 |
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Royalty and interest income |
|
9 |
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|
11 |
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|
28 |
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|
31 |
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Equity, royalty and interest income from investees |
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$ |
78 |
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$ |
99 |
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$ |
240 |
|
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$ |
294 |
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