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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Millions | Total | Common Stock | Additional Paid-in Capital | Retained Earnings | Treasury Stock | Common Stock Held in Trust | Accumulated Other Comprehensive Loss | Total Cummins Inc. Shareholders' Equity | Noncontrolling Interests
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Statement of Stockholders' Equity [Abstract] |  |  |  |  |  |  |  |  |
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) | $ 1.14 |  |  |  |  |  |  |  |
BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2018 | $ 8,259 | $ 556 | $ 1,715 | $ 12,917 | $ (6,028) | $ (5) | $ (1,807) | $ 7,348 | $ 911
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |  |  |
CONSOLIDATED NET INCOME | 669 |  |  | 663 |  |  |  | 663 | 6
Other comprehensive loss, net of tax (Note 13) | 71 |  |  |  |  |  | 68 | 68 | 3
Issuance of common stock | 1 |  | 1 |  |  |  |  | 1 |
Employee benefits trust activity | 14 |  | 13 |  |  | 1 |  | 14 |
Repurchases of common stock | (100) |  |  |  | (100) |  |  | (100) |
Cash dividends on common stock | (179) |  |  | (179) |  |  |  | (179) |
Distributions to noncontrolling interests | (13) |  |  |  |  |  |  |  | (13)
Stock-based awards | 6 |  | (11) |  | 17 |  |  | 6 |
Other shareholder transactions | (1) |  | (1) |  |  |  |  | (1) |
BALANCE AT END OF PERIOD at Mar. 31, 2019 | $ 8,727 | 556 | 1,717 | 13,401 | (6,111) | (4) | (1,739) | 7,820 | 907
Statement of Stockholders' Equity [Abstract] |  |  |  |  |  |  |  |  |
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) | $ 1.311 |  |  |  |  |  |  |  |
BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2019 | $ 8,465 | 556 | 1,790 | 14,416 | (7,225) | (2) | (2,028) | 7,507 | 958
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |  |  |
Adoption of new accounting standards (Note 16) | (4) |  |  | (4) |  |  |  | (4) |
CONSOLIDATED NET INCOME | 528 |  |  | 511 |  |  |  | 511 | 17
Other comprehensive loss, net of tax (Note 13) | (239) |  |  |  |  |  | (222) | (222) | (17)
Issuance of common stock | 9 |  | 9 |  |  |  |  | 9 |
Employee benefits trust activity | 18 |  | 17 |  |  | 1 |  | 18 |
Repurchases of common stock | (550) |  |  |  | (550) |  |  | (550) |
Cash dividends on common stock | (195) |  |  | (195) |  |  |  | (195) |
Distributions to noncontrolling interests | (13) |  |  |  |  |  |  |  | (13)
Stock-based awards | 13 |  | (18) |  | 31 |  |  | 13 |
Other shareholder transactions | (14) |  | (19) |  |  |  |  | (19) | 5
BALANCE AT END OF PERIOD at Mar. 29, 2020 | $ 8,018 | $ 556 | $ 1,779 | $ 14,728 | $ (7,744) | $ (1) | $ (2,250) | $ 7,068 | $ 950

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