XML 23 R52.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Information Condensed Consolidating Statements of Cash Flows (Details) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]    
Net cash provided by (used in) operating activities $ 645 $ 709
Capital expenditures for property, plant and equipment (236) (251)
(Purchases) sales of short-term investments - net 162 148
Loans to affiliates 0 0
Repayments of loans from affiliates 0 0
Proceeds from sale of businesses 273 761
Other - net (51) (52)
Net cash provided by (used in) investing activities 148 606
Proceeds from borrowings 0 28
Payments on borrowings (576) (977)
Proceeds from borrowings from affiliates 0 0
Payments on borrowings from affiliates 0 0
Other intercompany financing activities 0 0
Cash dividends paid (467) (397)
Cash dividends paid to affiliates   0
Exercise of employee stock options 44 78
Repurchase of shares (99) 0
Excess tax benefit from equity-based compensation 20 22
Other - net 0 (4)
Net cash (used in) provided by financing activities (1,078) (1,250)
Effect of currency on cash 1 (14)
Total increase (decrease) in cash (284) 51
Cash at the beginning of the period 915 577
Cash at the end of the period 631 628
Eaton Corporation plc [Member]
   
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]    
Net cash provided by (used in) operating activities 52 71
Capital expenditures for property, plant and equipment 0 0
(Purchases) sales of short-term investments - net 0 0
Loans to affiliates 0 0
Repayments of loans from affiliates 0 0
Proceeds from sale of businesses 0 0
Other - net 0 0
Net cash provided by (used in) investing activities 0 0
Proceeds from borrowings   0
Payments on borrowings 0 0
Proceeds from borrowings from affiliates 327 0
Payments on borrowings from affiliates (15) 0
Other intercompany financing activities 219 323
Cash dividends paid (467) (397)
Cash dividends paid to affiliates   0
Exercise of employee stock options 0 0
Repurchase of shares (99)  
Excess tax benefit from equity-based compensation 0 0
Other - net   0
Net cash (used in) provided by financing activities (35) (74)
Effect of currency on cash 0 0
Total increase (decrease) in cash 17 (3)
Cash at the beginning of the period 3 7
Cash at the end of the period 20 4
Eaton Corporation [Member]
   
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]    
Net cash provided by (used in) operating activities (273) 234
Capital expenditures for property, plant and equipment (51) (86)
(Purchases) sales of short-term investments - net 0 25
Loans to affiliates (151) (50)
Repayments of loans from affiliates 176 28
Proceeds from sale of businesses 93 0
Other - net (26) (18)
Net cash provided by (used in) investing activities 41 (101)
Proceeds from borrowings   17
Payments on borrowings (551) (972)
Proceeds from borrowings from affiliates 2,754 1,560
Payments on borrowings from affiliates (2,125) (1,688)
Other intercompany financing activities 84 840
Cash dividends paid 0 0
Cash dividends paid to affiliates   0
Exercise of employee stock options 44 78
Repurchase of shares 0  
Excess tax benefit from equity-based compensation 20 22
Other - net   0
Net cash (used in) provided by financing activities 226 (143)
Effect of currency on cash 0 0
Total increase (decrease) in cash (6) (10)
Cash at the beginning of the period 51 54
Cash at the end of the period 45 44
Guarantors [Member]
   
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]    
Net cash provided by (used in) operating activities 7 557
Capital expenditures for property, plant and equipment (61) (34)
(Purchases) sales of short-term investments - net (155) 21
Loans to affiliates 0 0
Repayments of loans from affiliates 187 88
Proceeds from sale of businesses 175 0
Other - net 5 (13)
Net cash provided by (used in) investing activities 151 62
Proceeds from borrowings   0
Payments on borrowings (1) (1)
Proceeds from borrowings from affiliates 254 352
Payments on borrowings from affiliates (320) (188)
Other intercompany financing activities (81) (789)
Cash dividends paid 0 0
Cash dividends paid to affiliates   0
Exercise of employee stock options 0 0
Repurchase of shares 0  
Excess tax benefit from equity-based compensation 0 0
Other - net   0
Net cash (used in) provided by financing activities (148) (626)
Effect of currency on cash 0 0
Total increase (decrease) in cash 10 (7)
Cash at the beginning of the period 10 14
Cash at the end of the period 20 7
Other subsidiaries [Member]
   
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]    
Net cash provided by (used in) operating activities 859 (151)
Capital expenditures for property, plant and equipment (124) (131)
(Purchases) sales of short-term investments - net 317 102
Loans to affiliates (3,191) (1,912)
Repayments of loans from affiliates 2,454 1,876
Proceeds from sale of businesses 5 761
Other - net (30) (21)
Net cash provided by (used in) investing activities (569) 675
Proceeds from borrowings   11
Payments on borrowings (24) (4)
Proceeds from borrowings from affiliates 7 50
Payments on borrowings from affiliates (357) (116)
Other intercompany financing activities (222) (374)
Cash dividends paid 0 0
Cash dividends paid to affiliates   (2)
Exercise of employee stock options 0 0
Repurchase of shares 0  
Excess tax benefit from equity-based compensation 0 0
Other - net   (4)
Net cash (used in) provided by financing activities (596) (439)
Effect of currency on cash 1 (14)
Total increase (decrease) in cash (305) 71
Cash at the beginning of the period 851 502
Cash at the end of the period 546 573
Consolidating adjustments [Member]
   
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]    
Net cash provided by (used in) operating activities 0 (2)
Capital expenditures for property, plant and equipment 0 0
(Purchases) sales of short-term investments - net 0 0
Loans to affiliates 3,342 1,962
Repayments of loans from affiliates (2,817) (1,992)
Proceeds from sale of businesses 0 0
Other - net 0 0
Net cash provided by (used in) investing activities 525 (30)
Proceeds from borrowings   0
Payments on borrowings 0 0
Proceeds from borrowings from affiliates (3,342) (1,962)
Payments on borrowings from affiliates 2,817 1,992
Other intercompany financing activities 0 0
Cash dividends paid 0 0
Cash dividends paid to affiliates   2
Exercise of employee stock options 0 0
Repurchase of shares 0  
Excess tax benefit from equity-based compensation 0 0
Other - net   0
Net cash (used in) provided by financing activities (525) 32
Effect of currency on cash 0 0
Total increase (decrease) in cash 0 0
Cash at the beginning of the period 0 0
Cash at the end of the period $ 0 $ 0