Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

v3.3.1.900
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Total Cummins Inc. Shareholders' Equity
Common Stock
Additional paid-in Capital
Retained Earnings
Treasury Stock
Common Stock Held in Trust
Accumulated Other Comprehensive Loss
Noncontrolling interests
BALANCE, AT THE BEGINNING OF THE PERIOD at Dec. 31, 2012 $ 6,974 $ 6,603 $ 556 $ 1,502 $ 7,343 $ (1,830) $ (18) $ (950) $ 371
Increase (Decrease) in Shareholders' Equity                  
Net income 1,588 1,483     1,483       105
Other comprehensive income (loss) 137 166           166 (29)
Issuance of shares 8 8   8          
Employee benefits trust activity 26 26   24     2    
Acquisition of shares (381) (381)       (381)      
Cash dividends on common stock (420) (420)     (420)        
Distribution to noncontrolling interests (75)               (75)
Stock based awards 17 17   1   16      
Other shareholder transactions (4) 8   8         (12)
BALANCE, AT THE END OF THE PERIOD at Dec. 31, 2013 7,870 7,510 556 1,543 8,406 (2,195) (16) (784) 360
Increase (Decrease) in Shareholders' Equity                  
Net income 1,736 1,651     1,651       85
Other comprehensive income (loss) (305) (294)           (294) (11)
Issuance of shares 9 9   9          
Employee benefits trust activity 27 27   24     3    
Acquisition of shares (670) (670)       (670)      
Cash dividends on common stock (512) (512)     (512)        
Distribution to noncontrolling interests (83)               (83)
Stock based awards 16 16   (5)   21      
Other shareholder transactions 5 12   12         (7)
BALANCE, AT THE END OF THE PERIOD at Dec. 31, 2014 8,093 7,749 556 1,583 9,545 (2,844) (13) (1,078) 344
Increase (Decrease) in Shareholders' Equity                  
Net income 1,470 1,399     1,399       71
Other comprehensive income (loss) (285) (270)           (270) (15)
Issuance of shares 9 9   9          
Employee benefits trust activity 27 27   25     2    
Acquisition of shares (900) (900)       (900)      
Cash dividends on common stock (622) (622)     (622)        
Distribution to noncontrolling interests (49)               (49)
Stock based awards 5 5   (4)   9      
Other shareholder transactions 2 9   9         (7)
BALANCE, AT THE END OF THE PERIOD at Dec. 31, 2015 $ 7,750 $ 7,406 $ 556 $ 1,622 $ 10,322 $ (3,735) $ (11) $ (1,348) $ 344