Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

v3.6.0.2
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, 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 loss, net of tax (Note 14) (305) (294)           (294) (11)
Issuance of common stock 9 9   9          
Employee benefits trust activity (Note 13) 27 27   24     3    
Repurchases of common stock (670) (670)       (670)      
Cash dividends on common stock (Note 13) (512) (512)     (512)        
Distribution to noncontrolling interests (83)               (83)
Stock based awards 16 16   (5)   21      
Acquisition of noncontrolling interests (14) (7)   (7)         (7)
Other shareholder transactions 19 19   19         0
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 loss, net of tax (Note 14) (285) (270)           (270) (15)
Issuance of common stock 9 9   9          
Employee benefits trust activity (Note 13) 27 27   25     2    
Repurchases of common stock (900) (900)       (900)      
Cash dividends on common stock (Note 13) (622) (622)     (622)        
Distribution to noncontrolling interests (49)               (49)
Stock based awards 5 5   (4)   9      
Acquisition of noncontrolling interests (10) (3)   (3)         (7)
Other shareholder transactions 12 12   12         0
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
Increase (Decrease) in Shareholders' Equity                  
Net income 1,456 1,394     1,394       62
Other comprehensive loss, net of tax (Note 14) (490) (473)           (473) (17)
Issuance of common stock 6 6   6          
Employee benefits trust activity (Note 13) 26 26   23     3    
Repurchases of common stock (778) (778)       (778)      
Cash dividends on common stock (Note 13) (676) (676)     (676)        
Distribution to noncontrolling interests (65)               (65)
Stock based awards 19 19   (5)   24      
Acquisition of noncontrolling interests (98) (73)   (73)         (25)
Other shareholder transactions 24 24   24         0
BALANCE, AT THE END OF THE PERIOD at Dec. 31, 2016 $ 7,174 $ 6,875 $ 556 $ 1,597 $ 11,040 $ (4,489) $ (8) $ (1,821) $ 299