XML 44 R37.htm IDEA: XBRL DOCUMENT v2.4.0.8
Business Segment and Geographic Region Information (Tables)
12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Business Segment Information - Net sales, Segment operating profit (loss), and Corporate
 
2013
 
2012
 
2011
Net sales
 
 
 
 
 
Electrical Products
$
7,026

 
$
3,846

 
$
3,619

Electrical Systems and Services
6,430

 
3,872

 
3,557

Hydraulics
2,981

 
2,960

 
2,835

Aerospace
1,774

 
1,719

 
1,648

Vehicle
3,835

 
3,914

 
4,390

Total net sales
$
22,046

 
$
16,311

 
$
16,049

 
 
 
 
 
 
Segment operating profit
 
 
 
 
 
Electrical Products
$
1,090

 
$
640

 
$
531

Electrical Systems and Services
889

 
424

 
352

Hydraulics
355

 
369

 
438

Aerospace
252

 
213

 
244

Vehicle
592

 
570

 
695

Total segment operating profit
3,178

 
2,216

 
2,260

 
 
 
 
 
 
Corporate
 
 
 
 
 
Amortization of intangible assets
(437
)
 
(195
)
 
(190
)
Interest expense - net
(271
)
 
(208
)
 
(118
)
Pension and other postretirement benefits expense
(183
)
 
(162
)
 
(142
)
Inventory step-up adjustment
(34
)
 
(42
)
 
(5
)
Other corporate expense - net
(369
)
 
(358
)
 
(252
)
Income before income taxes
1,884

 
1,251

 
1,553

Income tax expense
11

 
31

 
201

Net income
1,873

 
1,220

 
1,352

Less net income for noncontrolling interests
(12
)
 
(3
)
 
(2
)
Net income attributable to Eaton ordinary shareholders
$
1,861

 
$
1,217

 
$
1,350

Business Segment Information - Acquisition integration charges
Business segment operating profit was reduced by acquisition integration charges as follows:
 
2013
 
2012
 
2011
Electrical Products
$
44

 
$
4

 
$
1

Electrical Systems and Services
37

 
13

 
9

Hydraulics
36

 
16

 
4

Total
$
117

 
$
33

 
$
14

Business Segment Information - Identifiable assets, Capital expenditures for property, plant, and equipment, and Depreciation of property, plant, and equipment
 
2013
 
2012
 
2011
Identifiable assets
 
 
 
 
 
Electrical Products
$
3,204

 
$
3,338

 
$
1,653

Electrical Systems and Services
2,683

 
2,408

 
1,242

Hydraulics
1,362

 
1,426

 
1,265

Aerospace
852

 
806

 
754

Vehicle
1,716

 
1,698

 
1,783

Total identifiable assets
9,817

 
9,676

 
6,697

Goodwill
14,495

 
14,443

 
5,537

Other intangible assets
7,186

 
7,580

 
2,192

Corporate
3,993

 
4,111

 
3,447

Total assets
$
35,491

 
$
35,810

 
$
17,873

 
 
 
 
 
 
Capital expenditures for property, plant and equipment
 
 
 
 
 
Electrical Products
$
152

 
$
108

 
$
76

Electrical Systems and Services
113

 
47

 
41

Hydraulics
80

 
60

 
70

Aerospace
29

 
27

 
21

Vehicle
161

 
148

 
172

Total
535

 
390

 
380

Corporate
79

 
203

 
188

Total expenditures for property, plant and equipment
$
614

 
$
593

 
$
568

 
 
 
 
 
 
Depreciation of property, plant and equipment
 
 
 
 
 
Electrical Products
$
151

 
$
78

 
$
74

Electrical Systems and Services
86

 
42

 
37

Hydraulics
65

 
61

 
54

Aerospace
27

 
26

 
26

Vehicle
133

 
136

 
147

Total
462

 
343

 
338

Corporate
54

 
38

 
29

Total depreciation of property, plant and equipment
$
516

 
$
381

 
$
367

Geographic Region Information - Net sales and long-lived assets
Net sales are measured based on the geographic destination of sales. Long-lived assets consist of property, plant and equipment - net.
 
2013

2012

2011
Net sales
 
 
 
 
 
United States
$
11,092

 
$
7,789

 
$
7,165

Canada
1,154

 
918

 
815

Latin America
2,113

 
1,588

 
1,952

Europe
5,112

 
3,997

 
4,092

Asia Pacific
2,575

 
2,019

 
2,025

Total
$
22,046

 
$
16,311

 
$
16,049

 
 
 
 
 
 
Long-lived assets
 
 
 
 
 
United States
$
1,966

 
$
1,914

 
$
1,227

Canada
28

 
33

 
27

Latin America
331

 
346

 
247

Europe
856

 
845

 
649

Asia Pacific
652

 
648

 
452

Total
$
3,833

 
$
3,786

 
$
2,602