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 760     727       727 33
Other comprehensive income (loss), net of tax (Note 10) (278)           (272) (272) (6)
Issuance of common stock 4   4         4  
Employee benefits trust activity 16   14     2   16  
Repurchases of common stock (Note 2) (695)     (695)     (695)  
Cash dividends on common stock (333)     (333)       (333)  
Distributions to noncontrolling interests (31)               (31)
Stock based awards, net 2   (6)   8     2  
Other shareholder transactions 0   6         6 (6)
BALANCE at Jul. 03, 2016 7,195 556 1,640 10,716 (4,422) (9) (1,620) 6,861 334
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 846     820       820 26
Other comprehensive income (loss), net of tax (Note 10) 220           206 206 14
Issuance of common stock 3   3         3  
Employee benefits trust activity 13   12     1   13  
Repurchases of common stock (Note 2) (120)       (120)     (120)  
Cash dividends on common stock (343)     (343)       (343)  
Distributions to noncontrolling interests (10)               (10)
Stock based awards, net 23     23     23  
Other shareholder transactions 16   16         16 0
BALANCE at Jul. 02, 2017 $ 7,822 $ 556 $ 1,628 $ 11,517 $ (4,586) $ (7) $ (1,615) $ 7,493 $ 329