XML 49 R20.htm IDEA: XBRL DOCUMENT
v3.20.1

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) | 3 Months Ended
--- | ---
Mar. 29, 2020
Equity [Abstract] |
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) | NOTE 13. ACCUMULATED OTHER COMPREHENSIVE LOSS Following are the changes in accumulated other comprehensive income (loss) by component:
|  | Three months ended |  |  |  |  |  |  |  |  |  |  |  |
In millions |  | Change in pensions and other postretirement defined benefit plans |  | Foreign currency translation adjustment |  | Unrealized gain (loss) on debt securities |  | Unrealized gain (loss) on derivatives |  | Total attributable to Cummins Inc. |  | Noncontrolling interests |  | Total
Balance at December 31, 2019 |  | $ | (734) |  |  | $ | (1,285) |  |  | $ | — |  |  | $ | (9) |  |  | $ | (2,028) |  |  |  |  |
Other comprehensive income before reclassifications |  |  |  |  |  |  |  |  |  |  |  |  |  |
Before-tax amount |  | (19) |  |  | (148) |  |  | — |  |  | (95) |  |  | (262) |  |  | $ | (17) |  |  | $ | (279) |
Tax benefit (expense) |  | 5 |  |  | 3 |  |  | — |  |  | 18 |  |  | 26 |  |  | — |  |  | 26 |
After-tax amount |  | (14) |  |  | (145) |  |  | — |  |  | (77) |  |  | (236) |  |  | (17) |  |  | (253) |
Amounts reclassified from accumulated other comprehensive income (loss)(1) |  | 16 |  |  | — |  |  | — |  |  | (2) |  |  | 14 |  |  | — |  |  | 14 |
Net current period other comprehensive income (loss) |  | 2 |  |  | (145) |  |  | — |  |  | (79) |  | (2) | (222) |  |  | $ | (17) |  |  | $ | (239) |
Balance at March 29, 2020 |  | $ | (732) |  |  | $ | (1,430) |  |  | $ | — |  |  | $ | (88) |  |  | $ | (2,250) |  |  |  |  |
Balance at December 31, 2018 |  | $ | (671) |  |  | $ | (1,138) |  |  | $ | — |  |  | $ | 2 |  |  | $ | (1,807) |  |  |  |  |
Other comprehensive income before reclassifications |  |  |  |  |  |  |  |  |  |  |  |  |  |
Before-tax amount |  | (23) |  |  | 80 |  |  | (1) |  |  | 3 |  |  | 59 |  |  | $ | 3 |  |  | $ | 62 |
Tax benefit (expense) |  | 5 |  |  | 1 |  |  | — |  |  | (1) |  |  | 5 |  |  | — |  |  | 5 |
After-tax amount |  | (18) |  |  | 81 |  |  | (1) |  |  | 2 |  |  | 64 |  |  | 3 |  |  | 67 |
Amounts reclassified from accumulated other comprehensive income (loss)(1) |  | 7 |  |  | — |  |  | — |  |  | (3) |  |  | 4 |  |  | — |  |  | 4 |
Net current period other comprehensive income (loss) |  | (11) |  |  | 81 |  |  | (1) |  |  | (1) |  |  | 68 |  |  | $ | 3 |  |  | $ | 71 |
Balance at March 31, 2019 |  | $ | (682) |  |  | $ | (1,057) |  |  | $ | (1) |  |  | $ | 1 |  |  | $ | (1,739) |  |  |  |  |
(1) Amounts are net of tax. Reclassifications out of accumulated other comprehensive income (loss) and the related tax effects are immaterial for separate disclosure. |  |  |  |  |  |  |  |  |  |  |  |  |  |
(2) Primarily related to interest rate lock activity. See the Interest Rate Risk section in NOTE 9 "DEBT" for additional information. |  |  |  |  |  |  |  |  |  |  |  |  |  |

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration