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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Net sales $ 4,987 $ 5,203 $ 14,880 $ 15,798
Cost of products sold 3,371 3,597 10,081 10,865
Selling and administrative expense 853 907 2,642 2,723
Research and development expense 146 156 444 472
Interest expense - net 59 59 173 175
Other income - net (15) (3) (28) (27)
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 0
Net income attributable to Eaton ordinary shareholders $ 523 $ 446 $ 1,418 $ 1,447
Net income per share attributable to Eaton ordinary shareholders        
Diluted (usd per share) $ 1.15 $ 0.96 $ 3.09 $ 3.09
Basic (usd per share) $ 1.15 $ 0.96 $ 3.10 $ 3.10
Weighted-average number of ordinary shares outstanding        
Diluted (shares) 455.6 466.4 457.9 468.5
Basic (shares) 453.9 465.1 456.5 466.8
Cash dividends declared per ordinary share (usd per share) $ 0.57 $ 0.55 $ 1.71 $ 1.65