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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
Net sales $ 5,728 $ 5,607 $ 16,987 $ 16,519
Cost of products sold 3,916 3,883 11,799 11,488
Selling and administrative expense 961 967 2,907 2,885
Litigation settlements 0 0 644 0
Research and development expense 163 166 493 479
Interest expense - net 56 63 173 209
Other (income) expense - net (10) 7 (181) 3
Income before income taxes 642 521 1,152 1,455
Income tax expense (benefit) 37 7 (66) 64
Net income 605 514 1,218 1,391
Less net income for noncontrolling interests (3) (4) (6) (9)
Net income attributable to Eaton ordinary shareholders $ 602 $ 510 $ 1,212 $ 1,382
Net income per ordinary share        
Diluted $ 1.26 $ 1.07 $ 2.53 $ 2.90
Basic $ 1.27 $ 1.08 $ 2.55 $ 2.92
Weighted-average number of ordinary shares outstanding        
Diluted 477.2 477.2 478.2 476.2
Basic 474.8 474.0 475.5 473.1
Cash dividends declared per ordinary share $ 0.49 $ 0.42 $ 1.47 $ 1.26