Cummins Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Notes Tables
Notes Details

COMMITMENTS AND CONTINGENCIES (Details)

v3.7.0.1

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Apr. 02, 2017	Dec. 31, 2015	Dec. 31, 2016
Guarantee Obligations
Loss Contingency Accrual	$ 181
Maximum
Guarantee Obligations
Forward Contract, Term	2 years
Other Guarantees and Commitments
Guarantee Obligations
Guarantor obligations, maximum potential loss	$ 43
Long-term purchase commitment, penalty exposure	119
Total commitments under commodity contracts	24
Components Supplier
Guarantee Obligations
Long-term purchase commitment, penalty exposure	41
Power Systems Supplier
Guarantee Obligations
Long-term purchase commitment, penalty exposure	35
Performance bonds and other performance-related guarantees
Guarantee Obligations
Guarantor Obligations, Current Carrying Value	$ 83
Engine
Guarantee Obligations
Loss Contingency, Loss in Period		$ 60	$ 138

- Definition

Carrying amount as of the balance sheet date of the liability arising from commodity contracts such as forward contracts to purchase minimum volumes of the commodities at contractually stated prices.

+ References

No definition available.

+ Details

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Namespace Prefix:	cmi_
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Balance Type:	credit
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- Definition

The maximum number of years over which a forward contract can be entered into.

+ References

No definition available.

+ Details

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- Definition

The amount of penalty, as of the balance sheet date, that the entity would incur if it were to stop purchasing from certain suppliers, that require the entity to purchase minimum volumes.

+ References

No definition available.

+ Details

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- Definition

The current carrying amount of the liability for the freestanding or embedded guarantor's obligations under the guarantee or each group of similar guarantees.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12069-110248

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

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- Definition

Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees before reduction for potential recoveries under recourse or collateralization provisions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12069-110248

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- Definition

Amount of loss contingency liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14326-108349

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- Definition

The amount of loss pertaining to the specified contingency that was charged against earnings in the period, including the effects of revisions in previously reported estimates.

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