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Equity (Tables)
 9 Months Ended
Sep. 30, 2014
Stockholders' Equity Note [Abstract]  
Changes in Shareholders' equity
The changes in Shareholders’ equity follow:
 
Eaton
shareholders’
equity
 
Noncontrolling
interests
 
Total
equity
Balance at December 31, 2013
$
16,791

 
$
72

 
$
16,863

Net income
1,212

 
6

 
1,218

Other comprehensive loss
(481
)
 
—

 
(481
)
Cash dividends paid
(700
)
 
(2
)
 
(702
)
Issuance of shares under equity-based compensation plans - net
106

 
—

 
106

Repurchase of shares
(324
)
 
—

 
(324
)
Change in capital
(17
)
 
(18
)
 
(35
)
Balance at September 30, 2014
$
16,587

 
$
58

 
$
16,645
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The changes in Accumulated other comprehensive (loss) income follow:
 
Currency translation and related hedging instruments
 
Pensions and other postretirement benefits
 
Cash flow
hedges
 
Total
Balance at December 31, 2013
$
(395
)
 
$
(1,170
)
 
$
5

 
$
(1,560
)
Other comprehensive (loss) income
    before reclassifications
(598
)
 
19

 
2

 
(577
)
Amounts reclassified from Accumulated other
   comprehensive (loss) income
—

 
99

 
(3
)
 
96

Net current-period other comprehensive
   (loss) income
(598
)
 
118

 
(1
)
 
(481
)
Balance at September 30, 2014
$
(993
)
 
$
(1,052
)
 
$
4

 
$
(2,041
)
Reclassification out of accumulated other comprehensive income [Table Text Block]
The reclassifications out of Accumulated other comprehensive loss follow:
 
Nine months ended
September 30, 2014
 
Consolidated Statements
of Income classification
Amortization of pensions and other postretirement benefits items
 
 
 
Actuarial loss
$
(157
)
 
1 
Tax benefit
58

 
 
Total, net of tax
(99
)
 
 
 
 
 
 
(Losses) gains on cash flow hedges
 
 
 
Floating-to-fixed interest rate swaps
(1
)
 
Interest expense - net
Currency exchange contracts
5

 
Cost of products sold
 
4

 
 
Tax expense
(1
)
 
 
Total, net of tax
3

 
 
 
 
 
 
Total reclassifications for the period
$
(96
)
 
 
Calculation of net income per ordinary share attributable to ordinary shareholders
A summary of the calculation of net income per ordinary share attributable to shareholders follows:
 
Three months ended
September 30
 
Nine months ended
September 30
(Shares in millions)
2014
 
2013
 
2014
 
2013
Net income attributable to Eaton ordinary shareholders
$
602

 
$
510

 
$
1,212

 
$
1,382

 
 
 
 
 
 
 
 
Weighted-average number of ordinary shares outstanding - diluted
477.2

 
477.2

 
478.2

 
476.2

Less dilutive effect of equity-based compensation
2.4

 
3.2

 
2.7

 
3.1

Weighted-average number of ordinary shares outstanding - basic
474.8

 
474.0

 
475.5

 
473.1

 
 
 
 
 
 
 
 
Net income per ordinary share
 
 
 
 
 
 
 
Diluted
$
1.26

 
$
1.07

 
$
2.53

 
$
2.90

Basic
1.27

 
1.08

 
2.55

 
2.92