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Income Statement
CUMMINS INC (CMI)
source: myfinsight.com
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CN$826M (10.58%↑ Y/Y)IN$415M (-2.35%↓ Y/Y)US$4,865M (-4.96%↓ Y/Y)Non Us$2,537M (1.28%↑ Y/Y)Net sales (notes 1and 2)$8,643M (-1.74%↓ Y/Y)Gross margin$2,281M (4.01%↑ Y/Y)Equity, royalty andinterest income from...$118M (14.56%↑ Y/Y)Cost of sales$6,362M (-3.65%↓ Y/Y)Operating income$1,226M (17.32%↑ Y/Y)Other income, net(note 14)$86M (109.76%↑ Y/Y)Other operatingexpense, net-$37M (15.91%↑ Y/Y)Research, development andengineering expenses$357M (-5.80%↓ Y/Y)Selling, general andadministrative expenses$779M (-5.92%↓ Y/Y)Income before incometaxes$1,225M (25.38%↑ Y/Y)Interest expense$87M (-20.18%↓ Y/Y)Consolidated net income$928M (23.40%↑ Y/Y)Income tax expense(note 5)$297M (32.00%↑ Y/Y)Net incomeattributable to cummins inc$890M Less net incomeattributable to...$38M