-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UB4HDsapi8v+HPzVnm8woUR4iX1nNPO56+swQoEQYdgKelu4amQrVG020/fosTET NuOiEguH+5cTi056WkukNw== 0000950157-02-000707.txt : 20021028 0000950157-02-000707.hdr.sgml : 20021028 20021025200650 ACCESSION NUMBER: 0000950157-02-000707 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021025 ITEM INFORMATION: Other events FILED AS OF DATE: 20021028 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CUMMINS INC CENTRAL INDEX KEY: 0000026172 STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510] IRS NUMBER: 350257090 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04949 FILM NUMBER: 02799174 BUSINESS ADDRESS: STREET 1: 500 JACKSON ST STREET 2: BOX 3005 MAIL CODE 60207 CITY: COLUMBUS STATE: IN ZIP: 47202-3005 BUSINESS PHONE: 8123773259 MAIL ADDRESS: STREET 1: BOX 3005 MAIL CODE 60207 CITY: COLUMBUS STATE: IN ZIP: 47202-3005 FORMER COMPANY: FORMER CONFORMED NAME: CUMMINS ENGINE CO INC DATE OF NAME CHANGE: 19920703 8-K 1 form8k.txt CURRENT REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report: October 25, 2002 (Date of earliest event reported: October 24, 2002) CUMMINS INC. (Exact name of registrant as specified in its charter)
Indiana 1-4949 35-0257090 (State or other Jurisdiction of (Commission File Number) (I.R.S. Employer Identification Incorporation) No.)
500 Jackson Street PO Box 3005 Columbus, IN 47202-3005 (Principal Executive Office)(Zip Code) Registrant's telephone number, including area code: (812) 377-5000 - -------------------------------------------------------------------------------- Item 5. Other Events On Friday, October 25, 2002, Cummins Inc. issued the following press release: [GRAPHIC OMITTED] CUMMINS NEWS RELEASE Jason Rawlings Public Relations Director 812-377-7719 For Immediate Release Date: October 25, 2002 Cummins Inc. Reports Miscalculation in Third Quarter Diluted Earnings Per Share Does Not Impact Reported Profit After Taxes or Forward Guidance Columbus, IN, October 25, 2002 - Today Cummins Inc. (NYSE:CUM) announced it discovered a miscalculation in the Company's reported third quarter diluted earnings per share. The correct amount is $0.96 per fully diluted share. This does not impact the reported $39 million profit after taxes, any other reported numbers for the Company, or any forward guidance. On October 17, 2002, Cummins reported third quarter earnings of $1.00 per fully diluted share. The actual third quarter fully diluted earnings per share is $0.96. Basic earnings per share of $1.03 remain unchanged. The Company discovered the miscalculation as it prepared its Form 10-Q for the third quarter, which is filed within 45 days after the end of the quarter. Earnings and cash flow guidance for the fourth quarter and full year 2002 remain as originally reported: Cummins expects to have full year profits for 2002 of $0.40 to $0.50 per share. In addition, the Company expects to generate over $100 million in free cash flow in 2002. A global power leader, Cummins Inc., is a corporation of complementary business units that design, manufacture, distribute and service electrical power generation systems, engines and related technologies, including fuel systems, controls, air handling, filtration and emission solutions. Headquartered in Columbus, Indiana, (USA) Cummins serves its customers through more than 500 company-owned and independent distributor locations in 131 countries and territories. With 24,900 employees worldwide, Cummins reported sales of $5.7 billion in 2001. Press releases by fax can be requested by calling News On Demand (toll free) at 888-329-2305. The Cummins home page can be found at www.cummins.com. Information provided and statements in this release that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes beliefs and intentions on strategies regarding the future. It is important to note that the company's actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including, but not limited to, general economic, business and financing conditions, labor relations, governmental action, competitor pricing activity, expense volatility and other risks detailed from time to time in Cummins Securities and Exchange Commission filings. (end) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Cummins Inc. By: /s/ Susan K. Carter ----------------------------- Susan K. Carter Vice President Controller (Principal Accounting Officer) -----END PRIVACY-ENHANCED MESSAGE-----