BUSINESS SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2016

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 15 to the Consolidated Financial Statements contained in the 2015 Form 10-K.

	Three months ended September 30						Nine months ended September 30
	2016			2015			2016			2015
Net sales
Electrical Products	$	1,767		$	1,771		$	5,231		$	5,246
Electrical Systems and Services	1,436			1,487			4,207			4,437
Hydraulics	562			599			1,702			1,907
Aerospace	436			449			1,328			1,367
Vehicle	786			897			2,412			2,841
Total net sales	$	4,987		$	5,203		$	14,880		$	15,798
Segment operating profit
Electrical Products	$	331		$	322		$	924		$	858
Electrical Systems and Services	197			164			534			573
Hydraulics	61			44			161			184
Aerospace	88			79			251			233
Vehicle	122			136			377			490
Total segment operating profit	799			745			2,247			2,338
Corporate
Amortization of intangible assets	(99		)	(102		)	(297		)	(306		)
Interest expense - net	(59		)	(59		)	(173		)	(175		)
Pension and other postretirement benefits expense	(18		)	(38		)	(45		)	(99		)
Other corporate expense - net	(50		)	(59		)	(164		)	(168		)
Income before income taxes	573			487			1,568			1,590
Income tax expense	51			42			151			143
Net income	522			445			1,417			1,447
Less net loss for noncontrolling interests	1			1			1			—
Net income attributable to Eaton ordinary shareholders	$	523		$	446		$	1,418		$	1,447