SEC Filings


10-Q
CUMMINS INC filed this Form 10-Q on 10/31/2017
Entire Document
 

CUMMINS INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Unaudited)
 
 
 
Three months ended
 
Nine months ended
In millions 
 
October 1,
2017
 
October 2,
2016
 
October 1,
2017
 
October 2,
2016
CONSOLIDATED NET INCOME
 
$
457

 
$
300

 
$
1,303

 
$
1,060

Other comprehensive income (loss), net of tax (Note 10)
 
 

 
 

 
 

 
 

Change in pension and other postretirement defined benefit plans
 
16

 
13

 
52

 
31

Foreign currency translation adjustments
 
94

 
(29
)
 
276

 
(299
)
Unrealized gain (loss) on marketable securities
 

 

 
1

 
1

Unrealized gain (loss) on derivatives
 
(1
)
 
7

 

 
(20
)
Total other comprehensive income (loss), net of tax
 
109

 
(9
)
 
329

 
(287
)
COMPREHENSIVE INCOME
 
566

 
291

 
1,632

 
773

Less: Comprehensive income attributable to noncontrolling interests
 
2

 
14

 
42

 
41

COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.
 
$
564

 
$
277

 
$
1,590

 
$
732

 
The accompanying notes are an integral part of the Condensed Consolidated Financial Statements.

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