Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Common Stock Held in Trust
Accumulated Other Comprehensive Loss
Total Cummins Inc. Shareholders' Equity
Noncontrolling Interests
BALANCE at Dec. 31, 2014 $ 8,093 $ 556 $ 1,583 $ 9,545 $ (2,844) $ (13) $ (1,078) $ 7,749 $ 344
Increase (Decrease) in Shareholders' Equity                  
Net income 404     387       387 17
Other comprehensive (loss) income, net of tax (Note 11) (164)           (167) (167) 3
Issuance of shares 1   1         1  
Employee benefits trust activity 12   11     1   12  
Acquisition of shares (137)       (137)     (137)  
Cash dividends on common stock (140)     (140)       (140)  
Distributions to noncontrolling interests (1)               (1)
Stock based awards 1   (5)   6     1  
BALANCE at Mar. 29, 2015 8,069 556 1,590 9,792 (2,975) (12) (1,245) 7,706 363
BALANCE at Dec. 31, 2015 7,750 556 1,622 10,322 (3,735) (11) (1,348) 7,406 344
Increase (Decrease) in Shareholders' Equity                  
Net income 333     321       321 12
Other comprehensive (loss) income, net of tax (Note 11) (69)           (69) (69) 0
Issuance of shares 2   2         2  
Employee benefits trust activity 11   9     2   11  
Acquisition of shares (575)   (100)   (475)     (575)  
Cash dividends on common stock (170)     (170)       (170)  
Distributions to noncontrolling interests (10)               (10)
Stock based awards 1   (6)   7     1  
Other shareholder transactions (13)   (7)         (7) (6)
BALANCE at Apr. 03, 2016 $ 7,260 $ 556 $ 1,520 $ 10,473 $ (4,203) $ (9) $ (1,417) $ 6,920 $ 340