SEC Filings


10-K
CUMMINS INC filed this Form 10-K on 02/11/2019
Entire Document
 

Comprehensive Income - Foreign Currency Translation Adjustment
The foreign currency translation adjustment was a net gain (loss) of $(356) million, $335 million and $(448) million for the years ended December 31, 2018, 2017 and 2016, respectively. The details were as follows:
 
 
Years ended December 31,
 
 
2018
 
2017
 
2016
In millions
 
Translation adjustment
 
Primary currency driver vs. U.S. dollar
 
Translation adjustment
 
Primary currency driver vs. U.S. dollar
 
Translation adjustment
 
Primary currency driver vs. U.S. dollar
Wholly-owned subsidiaries
 
$
(266
)
 
British pound, Chinese renminbi, Indian rupee, Brazilian real
 
$
255

 
British pound, Chinese renminbi, Indian rupee
 
$
(397
)
 
British pound, Chinese renminbi, partially offset by Brazilian real
Equity method investments
 
(60
)
 
Chinese renminbi, Indian rupee, British pound
 
60

 
Chinese renminbi, Russian ruble, Indian rupee
 
(34
)
 
Chinese renminbi, Indian rupee, partially offset by Mexican peso
Consolidated subsidiaries with a noncontrolling interest
 
(30
)
 
Indian rupee
 
20

 
Indian rupee
 
(17
)
 
Chinese renminbi, Indian rupee
Total
 
$
(356
)
 
 
 
$
335

 
 
 
$
(448
)
 
 


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