XML 14 R54.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
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]    
Net cash (used in) provided by operating activities $ 934 $ 1,413
Capital expenditures for property, plant and equipment (378) (372)
(Purchases) sales of short-term investments - net 445 (185)
Loans to affiliates 0 0
Repayments of loans from affiliates 0 0
Proceeds from sale of businesses 282 761
Other - net (56) (61)
Net cash provided by investing activities 293 143
Proceeds from borrowings 0 6
Payments on borrowings (580) (1,012)
Proceeds from borrowings from affiliates 0 0
Payments on borrowings from affiliates 0 0
Other intercompany financing activities 0 0
Cash dividends paid (700) (597)
Cash dividends returned by (paid to) affiliates - net 0 0
Exercise of employee stock options 50 98
Repurchase of shares (267) 0
Excess tax benefit from equity-based compensation 20 24
Other - net (3) (4)
Net cash used in financing activities (1,480) (1,485)
Effect of currency on cash (7) (6)
Total (decrease) increase in cash (260) 65
Cash at the beginning of the period 915 577
Cash at the end of the period 655 642
Eaton Corporation plc [Member]
   
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]    
Net cash (used in) provided by operating activities (4) (10)
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 investing activities 0 0
Proceeds from borrowings   0
Payments on borrowings 0 0
Proceeds from borrowings from affiliates 726 0
Payments on borrowings from affiliates (25) 0
Other intercompany financing activities 218 504
Cash dividends paid (700) (597)
Cash dividends returned by (paid to) affiliates - net 0 0
Exercise of employee stock options 50 98
Repurchase of shares (267)  
Excess tax benefit from equity-based compensation 0 0
Other - net 0 0
Net cash used in financing activities 2 5
Effect of currency on cash 0 0
Total (decrease) increase in cash (2) (5)
Cash at the beginning of the period 3 7
Cash at the end of the period 1 2
Eaton Corporation [Member]
   
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]    
Net cash (used in) provided by operating activities (699) 640
Capital expenditures for property, plant and equipment (78) (112)
(Purchases) sales of short-term investments - net 0 (115)
Loans to affiliates (151) (219)
Repayments of loans from affiliates 176 28
Proceeds from sale of businesses 93 0
Other - net (40) (25)
Net cash provided by investing activities 0 (443)
Proceeds from borrowings   0
Payments on borrowings (552) (975)
Proceeds from borrowings from affiliates 5,510 1,975
Payments on borrowings from affiliates (4,794) (2,391)
Other intercompany financing activities 574 1,153
Cash dividends paid 0 0
Cash dividends returned by (paid to) affiliates - net 0 0
Exercise of employee stock options 0 0
Repurchase of shares 0  
Excess tax benefit from equity-based compensation 20 24
Other - net 0 0
Net cash used in financing activities 758 (214)
Effect of currency on cash 0 0
Total (decrease) increase in cash 59 (17)
Cash at the beginning of the period 51 54
Cash at the end of the period 110 37
Guarantors [Member]
   
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]    
Net cash (used in) provided by operating activities 172 313
Capital expenditures for property, plant and equipment (94) (66)
(Purchases) sales of short-term investments - net 132 18
Loans to affiliates 0 (23)
Repayments of loans from affiliates 213 102
Proceeds from sale of businesses 175 0
Other - net 46 4
Net cash provided by investing activities 472 35
Proceeds from borrowings   0
Payments on borrowings (1) (35)
Proceeds from borrowings from affiliates 254 2,436
Payments on borrowings from affiliates (320) (1,639)
Other intercompany financing activities (554) (1,107)
Cash dividends paid 0 0
Cash dividends returned by (paid to) affiliates - net 0 0
Exercise of employee stock options 0 0
Repurchase of shares 0  
Excess tax benefit from equity-based compensation 0 0
Other - net 0 0
Net cash used in financing activities (621) (345)
Effect of currency on cash 0 0
Total (decrease) increase in cash 23 3
Cash at the beginning of the period 10 14
Cash at the end of the period 33 17
Other subsidiaries [Member]
   
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]    
Net cash (used in) provided by operating activities 1,433 523
Capital expenditures for property, plant and equipment (206) (194)
(Purchases) sales of short-term investments - net 313 (88)
Loans to affiliates (6,347) (4,267)
Repayments of loans from affiliates 5,133 4,030
Proceeds from sale of businesses 14 761
Other - net (62) (40)
Net cash provided by investing activities (1,155) 202
Proceeds from borrowings   6
Payments on borrowings (27) (2)
Proceeds from borrowings from affiliates 8 98
Payments on borrowings from affiliates (383) (130)
Other intercompany financing activities (238) (550)
Cash dividends paid 0 0
Cash dividends returned by (paid to) affiliates - net 32 (53)
Exercise of employee stock options 0 0
Repurchase of shares 0  
Excess tax benefit from equity-based compensation 0 0
Other - net (3) (4)
Net cash used in financing activities (611) (635)
Effect of currency on cash (7) (6)
Total (decrease) increase in cash (340) 84
Cash at the beginning of the period 851 502
Cash at the end of the period 511 586
Consolidating adjustments [Member]
   
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]    
Net cash (used in) provided by operating activities 32 (53)
Capital expenditures for property, plant and equipment 0 0
(Purchases) sales of short-term investments - net 0 0
Loans to affiliates 6,498 4,509
Repayments of loans from affiliates (5,522) (4,160)
Proceeds from sale of businesses 0 0
Other - net 0 0
Net cash provided by investing activities 976 349
Proceeds from borrowings   0
Payments on borrowings 0 0
Proceeds from borrowings from affiliates (6,498) (4,509)
Payments on borrowings from affiliates 5,522 4,160
Other intercompany financing activities 0 0
Cash dividends paid 0 0
Cash dividends returned by (paid to) affiliates - net (32) 53
Exercise of employee stock options 0 0
Repurchase of shares 0  
Excess tax benefit from equity-based compensation 0 0
Other - net 0 0
Net cash used in financing activities (1,008) (296)
Effect of currency on cash 0 0
Total (decrease) increase in cash 0 0
Cash at the beginning of the period 0 0
Cash at the end of the period $ 0 $ 0