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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 3 Months Ended
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Mar. 29, 2020
Equity [Abstract] |
Changes in accumulated other comprehensive income (loss) by component | 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. |  |  |  |  |  |  |  |  |  |  |  |  |  |

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669686-108580 + Details
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