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, 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 income (loss), net of tax (Note 11) (69)           (69) (69) 0
Issuance of common stock 2   2         2  
Employee benefits trust activity 11   9     2   11  
Repurchases of common stock (575)   (100)   (475)     (575)  
Cash dividends on common stock (170)     (170)       (170)  
Distributions to noncontrolling interests (10)               (10)
Stock based awards, net 1   (6)   7     1  
Acquisition of noncontrolling interests (13)   (7)         (7) (6)
BALANCE at Apr. 03, 2016 7,260 556 1,520 10,473 (4,203) (9) (1,417) 6,920 340
BALANCE at Dec. 31, 2016 7,174 556 1,597 11,040 (4,489) (8) (1,821) 6,875 299
Increase (Decrease) in Shareholders' Equity                  
Net income 405     396       396 9
Other comprehensive income (loss), net of tax (Note 11) 102           89 89 13
Employee benefits trust activity 10   9     1   10  
Repurchases of common stock (51)       (51)     (51)  
Cash dividends on common stock (171)     (171)       (171)  
Distributions to noncontrolling interests (10)               (10)
Stock based awards, net 15   (1)   16     15  
Other shareholder transactions 2   2         2 0
BALANCE at Apr. 02, 2017 $ 7,476 $ 556 $ 1,607 $ 11,265 $ (4,524) $ (7) $ (1,732) $ 7,165 $ 311