BASIS OF PRESENTATION (Tables)

6 Months Ended

Jun. 30, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of the Impact of Adoption of ASU 2014-09

Consolidated Balance Sheet		Balance at December 31, 2017		Adjustments due to ASU 2014-09			Balance at January 1, 2018
Assets
	Accounts receivable - net	$	3,943	$	(99	)	$	3,844
	Prepaid expenses and other current assets	679		129			808
	Deferred income taxes	253		1			254
Liabilities and shareholders' equity
	Other current liabilities	$	1,872	$	33		$	1,905
	Eaton shareholders' equity	17,253		(2		)	17,251

In accordance with the new revenue accounting requirements, the impact of the adoption on the financial statement line items within the accompanying financial statements was as follows:

	Three months ended June 30, 2018
Consolidated Statements of Income	As Reported		Adjustment			Balances without Adoption of ASC 606
Net sales	$	5,487	$	(11	)	$	5,476
Cost of products sold	3,671		(6		)	3,665
Income before income taxes	694		(5		)	689
Income tax expense	83		(1		)	82
Net income	611		(4		)	607
Net income attributable to Eaton ordinary shareholders	$	610	$	(4	)	$	606

	Six months ended June 30, 2018
Consolidated Statements of Income	As Reported		Adjustment			Balances without Adoption of ASC 606
Net sales	$	10,738	$	(18	)	$	10,720
Cost of products sold	7,244		(10		)	7,234
Income before income taxes	1,259		(8		)	1,251
Income tax expense	161		(2		)	159
Net income	1,098		(6		)	1,092
Net income attributable to Eaton ordinary shareholders	$	1,098	$	(6	)	$	1,092

	June 30, 2018
Condensed Consolidated Balance Sheets	As Reported		Adjustment			Balances without Adoption of ASC 606
Assets
Accounts receivable - net	$	4,092	$	121		$	4,213
Inventory	2,753		9			2,762
Prepaid expenses and other current assets	576		(164		)	412
Deferred income taxes	296		(1		)	295
Liabilities and shareholders’ equity
Other current liabilities	$	1,910	$	(31	)	$	1,879
Eaton shareholders' equity	$	16,725	$	(4	)	$	16,721