Yes it does, but it doesn't give the individual CPU utilization of the 140 odd processes running under the system process.

>>Hi,
>> Is anyone aware of how to check the CPU utilization of the Associated Modules attached to the System Image in Resource Monitor.
>>
>> I have a workstation that the system image is running at 50% constantly and I need to know which module(s) are consuming the CPU.
>
>By default, ProcessExplorer shows some sub-components of System, maybe that would be useful? Right-clicking on a process offers Properties, with Threads within that.