Quarterly report pursuant to Section 13 or 15(d)

ACQUISITONS ACQUISITIONS (Details)

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ACQUISITONS ACQUISITIONS (Details) - USD ($)
$ in Millions
 9 Months Ended 12 Months Ended
Aug. 03, 2015
Jun. 29, 2015
Aug. 04, 2014
May. 05, 2014
Mar. 31, 2014
Feb. 14, 2014
Sep. 16, 2013
Sep. 27, 2015
Sep. 28, 2014
Dec. 31, 2014
Dec. 31, 2013
Business Acquisition                      
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain               $ 17 $ 38    
Business Combination Purchase Price Distributed in Future Quarters               15      
The purchase price was allocated as follows:                      
Goodwill               $ 481   $ 479  
Cummins Crosspoint LLC                      
Business Acquisition                      
Business Acquisition, Percentage of Voting Interests Acquired 50.00%                    
Cash Paid for Business Acquisitions [1] $ 20                    
Payments to Acquire Businesses Liabilities Paid 36                    
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain [1],[2] 10                    
Net Sales Prior to Acquisition [3]                   258  
The purchase price was allocated as follows:                      
Goodwill [1] 7                    
Intangible assets, other than goodwill [1],[4] 2                    
Consideration Transferred [1],[5] $ 65                    
Cummins Atlantic LLC                      
Business Acquisition                      
Business Acquisition, Percentage of Voting Interests Acquired 51.00%                    
Cash Paid for Business Acquisitions [1] $ 14                    
Payments to Acquire Businesses Liabilities Paid 28                    
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain [1],[2] 7                    
Net Sales Prior to Acquisition [3]                   $ 245  
The purchase price was allocated as follows:                      
Goodwill [1] 2                    
Intangible assets, other than goodwill [1],[4] 6                    
Consideration Transferred [1],[5] $ 48                    
Cummins Central Power LLC                      
Business Acquisition                      
Business Acquisition, Percentage of Voting Interests Acquired   20.01%                  
Cash Paid for Business Acquisitions [1]   $ 8                  
The purchase price was allocated as follows:                      
Intangible assets, other than goodwill   0                  
Consideration Transferred [1],[5]   $ 8                  
Cummins Eastern Canada LP                      
Business Acquisition                      
Business Acquisition, Percentage of Voting Interests Acquired     50.00%                
Cash Paid for Business Acquisitions     $ 30                
Payments to Acquire Businesses Liabilities Paid     32                
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain [2]     18                
Net Sales Prior to Acquisition [3]                     $ 228
The purchase price was allocated as follows:                      
Goodwill     5                
Intangible assets, other than goodwill [4]     4                
Consideration Transferred [5]     $ 62                
Cummins Power Systems LLC                      
Business Acquisition                      
Business Acquisition, Percentage of Voting Interests Acquired       30.00%              
Cash Paid for Business Acquisitions       $ 14              
Payments to Acquire Businesses Liabilities Paid       0              
The purchase price was allocated as follows:                      
Consideration Transferred       $ 14              
Cummins Southern Plains LLC                      
Business Acquisition                      
Business Acquisition, Percentage of Voting Interests Acquired         50.00%            
Cash Paid for Business Acquisitions         $ 44            
Payments to Acquire Businesses Liabilities Paid         48            
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain [2]         13            
Net Sales Prior to Acquisition [3]                     433
The purchase price was allocated as follows:                      
Goodwill         1            
Intangible assets, other than goodwill [4]         11            
Consideration Transferred [5]         $ 92            
Cummins Mid-South LLC                      
Business Acquisition                      
Business Acquisition, Percentage of Voting Interests Acquired           62.20%          
Cash Paid for Business Acquisitions           $ 57          
Payments to Acquire Businesses Liabilities Paid           61          
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain [2]           7          
Net Sales Prior to Acquisition [3]                     $ 368
The purchase price was allocated as follows:                      
Goodwill           4          
Intangible assets, other than goodwill [4]           8          
Consideration Transferred [5]           $ 118          
Minimum                      
Business Acquisition                      
Acquisition Period for North American Distributors             3 years        
Maximum                      
Business Acquisition                      
Acquisition Period for North American Distributors             5 years        
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life               5 years      
[1] Purchase accounting for these acquisitions are preliminary, awaiting customary adjustments to purchase price in accordance with the purchase agreements.
[2] All results from acquired entities were included in Distribution segment results subsequent to the acquisition date. Previously consolidated entities were accounted for as equity transactions (EQUITY). Newly consolidated entities were accounted for as business combinations (COMB) with gains recognized based on the requirement to remeasure our pre-existing ownership to fair value in accordance with GAAP and are included in the Condensed Consolidated Statements of Income as "Other income, net."
[3] Sales amounts are not fully incremental to our consolidated sales as the amount would be reduced by the elimination of sales to the previously unconsolidated entity.
[4] Intangible assets acquired in business combinations were mostly customer related, the majority of which will be amortized over a period of up to five years from the date of the acquisition.
[5] The "Total Purchase Consideration" represents the total amount that will or is estimated to be paid to complete the acquisition. In some instances a portion of the acquisition payment has not yet been made and will be paid in future periods in accordance with the purchase contract. The total estimated remaining consideration at September 27, 2015, was $15 million.