SEC Filings


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

Distribution segment external sales by product line were as follows:
In millions
 
Year ended December 31, 2018
Parts
 
$
3,222

Engines
 
1,632

Service
 
1,471

Power generation
 
1,482

Total sales
 
$
7,807


Components segment external sales by business were as follows:
In millions
 
Year ended December 31, 2018
Emission solutions
 
$
2,780

Filtration
 
1,010

Turbo technologies
 
761

Automated transmissions
 
543

Electronics and fuel systems
 
237

Total sales
 
$
5,331


Power Systems segment external sales by product line were as follows:

In millions
 
Year ended December 31, 2018
Power generation
 
$
1,467

Industrial
 
801

Generator technologies
 
357

Total sales
 
$
2,625



NOTE 3. INVESTMENTS IN EQUITY INVESTEES
Investments and advances related to equity method investees and our ownership percentage was as follows:
 
 
 
 
December 31,
In millions
 
Ownership %
 
2018
 
2017
Komatsu alliances
 
20-50%
 
$
238

 
$
219

Beijing Foton Cummins Engine Co., Ltd.
 
50%
 
203

 
223

Dongfeng Cummins Engine Company, Ltd.
 
50%
 
160

 
146

Chongqing Cummins Engine Company, Ltd.
 
50%
 
102

 
84

Cummins-Scania XPI Manufacturing, LLC
 
50%
 
101

 
87

Tata Cummins, Ltd.
 
50%
 
58

 
59

Other
 
Various
 
360

 
338

Investments and advances related to equity method investees
 
 
 
$
1,222

 
$
1,156



We have approximately $743 million in our investment account at December 31, 2018, that represents cumulative undistributed income in our equity investees. Dividends received from our unconsolidated equity investees were $242 million, $219 million and $212 million in 2018, 2017 and 2016, respectively.

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