CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Current assets
Cash	$ 256	$ 561
Short-term investments	236	534
Accounts receivable - net	4,092	3,943
Inventory	2,753	2,620
Prepaid expenses and other current assets	576	679
Total current assets	7,913	8,337
Land and buildings	2,458	2,491
Machinery and equipment	6,035	6,014
Gross property, plant and equipment	8,493	8,505
Accumulated depreciation	(5,031)	(5,003)
Net property, plant and equipment	3,462	3,502
Other noncurrent assets
Goodwill	13,427	13,568
Other intangible assets	5,050	5,265
Deferred income taxes	296	253
Other assets	1,717	1,698
Total assets	31,865	32,623
Current liabilities
Short-term debt	504	6
Current portion of long-term debt	428	578
Accounts payable	2,192	2,166
Accrued compensation	353	453
Other current liabilities	1,910	1,872
Total current liabilities	5,387	5,075
Noncurrent liabilities
Long-term debt	6,753	7,167
Pension liabilities	1,174	1,226
Other postretirement benefits liabilities	354	362
Deferred income taxes	486	538
Other noncurrent liabilities	986	965
Total noncurrent liabilities	9,753	10,258
Shareholders’ equity
Eaton shareholders’ equity	16,690	17,253
Noncontrolling interests	35	37
Total equity	16,725	17,290
Total liabilities and equity	$ 31,865	$ 32,623