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Eaton Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2012
Equity [Abstract]  
Comprehensive Income (Loss)
The following table summarizes the pre-tax and after-tax amounts recognized in Comprehensive loss:
 
2012
 
2011
 
2010
 
Pre-tax
 
After-tax
 
Pre-tax
 
After-tax
 
Pre-tax
 
After-tax
Currency translation and related hedging instruments
$
118

 
$
109

 
$
(252
)
 
$
(241
)
 
$
(78
)
 
$
(78
)
 
 
 
 
 
 
 
 
 
 
 
 
Pensions and other postretirement benefits
 
 
 
 
 
 
 
 
 
 
 
Prior service cost arising during the year
(1
)
 
(1
)
 
(5
)
 
(4
)
 
(2
)
 
(1
)
Net loss arising during the year
(386
)
 
(262
)
 
(648
)
 
(417
)
 
(182
)
 
(123
)
Currency translation
(15
)
 
(12
)
 
5

 
4

 
5

 
5

Other
(2
)
 
15

 

 
(15
)
 
(4
)
 
3

Amortization of prior service cost reclassified to earnings
170

 
108

 
122

 
79

 
87

 
54

 
(234
)
 
(152
)
 
(526
)
 
(353
)
 
(96
)
 
(62
)
 
 
 
 
 
 
 
 
 
 
 
 
Cash flow hedges
 
 
 
 
 
 
 
 
 
 
 
Gain (loss) on derivatives designated as cash flow hedges
10

 
10

 
(28
)
 
(21
)
 
8

 
6

Changes in cash flow hedges reclassified to earnings
7

 
7

 

 
(1
)
 
(8
)
 
(6
)
Cash flow hedges, net of reclassification adjustments
17

 
17

 
(28
)
 
(22
)
 

 

Other comprehensive loss attributable to Eaton
   ordinary shareholders
$
(99
)
 
$
(26
)
 
$
(806
)
 
$
(616
)
 
$
(174
)
 
$
(140
)
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The changes in Accumulated other comprehensive loss attributable to Eaton ordinary shareholders, net of tax, as reported in the Consolidated Balance Sheets follow:
 
Currency translation and related hedging instruments
 
Pensions and other postretirement benefits
 
Cash flow hedges
 
Accumulated other comprehensive loss
January 1, 2010
$
(183
)
 
$
(1,032
)
 
$
7

 
$
(1,208
)
Comprehensive income (loss)
(78
)
 
(62
)
 

 
(140
)
December 31, 2010
(261
)
 
(1,094
)
 
7

 
(1,348
)
Comprehensive income (loss)
(241
)
 
(353
)
 
(22
)
 
(616
)
December 31, 2011
(502
)
 
(1,447
)
 
(15
)
 
(1,964
)
Comprehensive income (loss)
109

 
(152
)
 
17

 
(26
)
December 31, 2012
$
(393
)
 
$
(1,599
)
 
$
2

 
$
(1,990
)
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
A summary of the calculation of net income per ordinary share attributable to ordinary shareholders follows:
(Shares in millions)
2012
 
2011
 
2010
Net income attributable to Eaton ordinary shareholders
$
1,217

 
$
1,350

 
$
929

 
 
 
 
 
 
Weighted-average number of ordinary shares outstanding-diluted
350.9

 
342.8

 
339.5

Less dilutive effect of equity-based compensation
3.1

 
4.5

 
4.0

Weighted-average number of ordinary shares outstanding-basic
347.8

 
338.3

 
335.5

 
 
 
 
 
 
Net income per ordinary share
 
 
 
 
 
Diluted
$
3.46

 
$
3.93

 
$
2.73

Basic
3.54

 
3.98

 
2.76