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Business Segment Information
 6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
BUSINESS SEGMENT INFORMATION
BUSINESS SEGMENT INFORMATION
Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated on a regular basis by the chief operating decision maker, or decision making group, in deciding how to allocate resources to an individual segment and in assessing performance. Eaton’s operating segments are Electrical Products, Electrical Systems and Services, Hydraulics, Aerospace and Vehicle. Operating profit includes the operating profit from intersegment sales. For additional information regarding Eaton’s business segments, see Note 14 to the Consolidated Financial Statements contained in the 2013 Form 10-K.
 
Three months ended
June 30
 
Six months ended
June 30
 
2014
 
2013
 
2014
 
2013
Net sales
 
 
 
 
 
 
 
Electrical Products
$
1,832

 
$
1,758

 
$
3,558

 
$
3,418

Electrical Systems and Services
1,628

 
1,624

 
3,152

 
3,145

Hydraulics
787

 
772

 
1,569

 
1,528

Aerospace
486

 
446

 
950

 
880

Vehicle
1,034

 
1,002

 
2,030

 
1,941

Total net sales
$
5,767

 
$
5,602

 
$
11,259

 
$
10,912

 
 
 
 
 
 
 
 
Segment operating profit
 
 
 
 
 
 
 
Electrical Products
$
300

 
$
272

 
$
550

 
$
513

Electrical Systems and Services
194

 
227

 
363

 
437

Hydraulics
94

 
104

 
202

 
182

Aerospace
69

 
67

 
131

 
129

Vehicle
155

 
172

 
306

 
304

Total segment operating profit
812

 
842

 
1,552

 
1,565

 
 
 
 
 
 
 
 
Corporate
 
 
 
 
 
 
 
Litigation settlements
(644
)
 
—

 
(644
)
 
—

Amortization of intangible assets
(109
)
 
(108
)
 
(219
)
 
(215
)
Interest expense - net
(55
)
 
(71
)
 
(117
)
 
(146
)
Pension and other postretirement benefits expense
(32
)
 
(43
)
 
(83
)
 
(81
)
Inventory step-up adjustment
—

 
(1
)
 
—

 
(34
)
Other corporate income (expense) - net
85

 
(85
)
 
21

 
(155
)
Income before income taxes
57

 
534

 
510

 
934

Income tax (benefit) expense
(115
)
 
37

 
(103
)
 
57

Net income
172

 
497

 
613

 
877

Less net income for noncontrolling interests
(1
)
 
(3
)
 
(3
)
 
(5
)
Net income attributable to Eaton ordinary shareholders
$
171

 
$
494

 
$
610

 
$
872