BUSINESS SEGMENT INFORMATION

3 Months Ended

Mar. 31, 2022

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 Americas, Electrical Global, Aerospace, Vehicle, and eMobility. On August 2, 2021, Eaton completed the sale of the Hydraulics business. Operating profit includes the operating profit from intersegment sales. For additional information regarding Eaton's business segments, see Note 17 to the Consolidated Financial Statements contained in the 2021 Form 10-K.

	Three months ended March 31
(In millions)	2022		2021
Net sales
Electrical Americas	$	1,891	$	1,622
Electrical Global	1,437		1,253
Hydraulics	—		561
Aerospace	718		519
Vehicle	671		654
eMobility	126		83
Total net sales	$	4,843	$	4,692
Segment operating profit (loss)
Electrical Americas	$	361	$	332
Electrical Global	279		213
Hydraulics	—		84
Aerospace	159		96
Vehicle	113		113
eMobility	(3)		(7)
Total segment operating profit	909		831
Corporate
Intangible asset amortization expense	(128)		(92)
Interest expense - net	(32)		(38)
Pension and other postretirement benefits income	19		14
Restructuring program charges	(18)		(16)
Other expense - net	(131)		(161)
Income before income taxes	619		538
Income tax expense	86		79
Net income	533		459
Less net income for noncontrolling interests	(1)		(1)
Net income attributable to Eaton ordinary shareholders	$	532	$	458