Meritor Acquisition and 2022 Financial Results
Table of Contents
Distribution segment external sales by region were as follows:
In millions
North America
Asia Pacific
Europe
China
Africa and Middle East
Commonwealth of Independent States
India
Latin America
Total sales
Distribution segment external sales by product line were as follows:
In millions
Parts
Engines
Power generation
Service
Total sales
Power Systems segment external sales by product line were as follows:
In millions
Power generation
Industrial
Generator technologies
Total sales
Years ended December 31,
2022
2021
2020
$
5,948
$
4,902
$
4,688
1,011
901
799
705
647
597
351
323
340
227
259
198
232
334
191
217
194
150
210
182
147
$
8,901 $
7,742 $
7,110
Years ended December 31,
2022
2021
2020
$
3,809 $
3,136 $
2,921
1,770
1,493
1,245
1,767
1,754
1,686
1,555
1,359
1,258
$
8,901 $
7,742 $
7,110
Years ended December 31,
2022
2021
2020
$
1,658 $
1,481 $
1,155
843
820
638
450
349
262
$
2,951
$
2,650
$
2,055
NOTE 4. INVESTMENTS IN EQUITY INVESTEES
Investments and advances related to equity method investees and our ownership percentages were as follows:
Dollars in millions
Komatsu alliances
Beijing Foton Cummins Engine Co., Ltd.
Sisamex
Cummins-Scania XPI Manufacturing, LLC
Automotive Axles Limited
Chongqing Cummins Engine Company, Ltd.
Dongfeng Cummins Engine Company, Ltd.
Tata Cummins, Ltd.
Freios Master
Other
Investments and advances related to equity method investees
85
Ownership
percentage
20-50%
December 31,
2022
2021
$
295 $
275
50%
189
255
50%
144
50%
130
125
36%
125
50%
118
144
50%
106
148
50%
92
88
49%
86
Various
474
503
$
1,759 $
1,538View entire presentation