XML 77 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income Statement [Abstract]      
Net sales $ 16,311 $ 16,049 $ 13,715
Cost of products sold 11,448 11,261 9,633
Selling and administrative expense 2,894 2,738 2,486
Research and development expense 439 417 425
Interest expense-net 208 118 136
Other expense (income)-net 71 (38) (1)
Income before income taxes 1,251 1,553 1,036
Income tax expense 31 201 99
Net income 1,220 1,352 937
Less net income for noncontrolling interests (3) (2) (8)
Net income attributable to Eaton ordinary shareholders $ 1,217 $ 1,350 $ 929
Net income per ordinary share      
Diluted $ 3.46 $ 3.93 $ 2.73
Basic $ 3.54 $ 3.98 $ 2.76
Weighted-average number of ordinary shares outstanding      
Diluted 350.9 342.8 339.5
Basic 347.8 338.3 335.5
Cash dividends declared per ordinary share $ 1.52 $ 1.36 $ 1.08