Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.6.0.2
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Computations for basic and diluted earnings per share
Following are the computations for basic and diluted earnings per share:
 
 
Years ended December 31,
Dollars in millions, except per share amounts
 
2016
 
2015
 
2014
Net income attributable to Cummins Inc. 
 
$
1,394

 
$
1,399

 
$
1,651

 
 
 
 
 
 
 
Weighted-average common shares outstanding
 
 
 
 
 
 
Basic
 
169,038,410

 
178,037,581

 
182,637,568

Dilutive effect of stock compensation awards
 
298,206

 
369,247

 
441,727

Diluted
 
169,336,616

 
178,406,828

 
183,079,295

Earnings per common share attributable to Cummins Inc.
 
 
 
 
 
 
Basic
 
$
8.25

 
$
7.86

 
$
9.04

Diluted
 
8.23

 
7.84

 
9.02

Options excluded from diluted earnings per share
The options excluded from diluted earnings per share were as follows:
 
 
Years ended December 31,
 
 
2016
 
2015
 
2014
Options excluded
 
1,091,799

 
866,262

 
165,840