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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 5,215 $ 3,856 $ 9,907 $ 8,645
Cost of products sold 3,545 2,877 6,729 6,179
Selling and administrative expense 876 691 1,671 1,556
Research and development expense 154 126 302 279
Interest expense - net 37 38 75 72
Gain on sale of business 0 0 0 221
Other (income) expense - net (17) 77 (28) 112
Income before income taxes 620 47 1,158 668
Income tax expense (benefit) 114 (7) 193 176
Net income 506 54 965 492
Less net income for noncontrolling interests 0 (3) (1) (3)
Net Income Attributable to Eaton ordinary shareholders $ 506 $ 51 $ 964 $ 489
Net income per share attributable to Eaton ordinary shareholders        
Diluted (USD per share) $ 1.26 $ 0.13 $ 2.40 $ 1.20
Basic (USD per share) $ 1.27 $ 0.13 $ 2.42 $ 1.21
Weighted-average number of ordinary shares outstanding        
Diluted (shares) 401.4 401.3 401.2 406.2
Basic (shares) 398.8 400.4 398.6 404.8
Cash dividends declared per ordinary share (USD per share) $ 0.76 $ 0.73 $ 1.52 $ 1.46