BUSINESS SEGMENT AND GEOGRAPHIC REGION INFORMATION (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Schedule of Business Segment Information

Business Segment Information

(In millions)	2023		2022		2021
Net sales
Electrical Americas	$	10,098	$	8,497	$	7,242
Electrical Global	6,084		5,848		5,516
Hydraulics	—		—		1,300
Aerospace	3,413		3,039		2,648
Vehicle	2,965		2,830		2,579
eMobility	636		538		343
Total net sales	$	23,196	$	20,752	$	19,628
Segment operating profit (loss)
Electrical Americas	$	2,675	$	1,913	$	1,495
Electrical Global	1,176		1,134		1,034
Hydraulics	—		—		177
Aerospace	780		705		580
Vehicle	482		453		449
eMobility	(21)		(9)		(29)
Total segment operating profit	5,093		4,196		3,706
Corporate
Intangible asset amortization expense	(450)		(499)		(444)
Interest expense - net	(151)		(144)		(144)
Pension and other postretirement benefits income	46		43		65
Restructuring program charges	(57)		(33)		(78)
Other expense - net	(654)		(653)		(209)
Income before income taxes	3,827		2,911		2,896
Income tax expense	604		445		750
Net income	3,223		2,465		2,146
Less net income for noncontrolling interests	(5)		(4)		(2)
Net income attributable to Eaton ordinary shareholders	$	3,218	$	2,462	$	2,144

Schedule of Identifiable Assets, Capital Expenditures, and Depreciation by Segment

(In millions)	2023		2022		2021
Identifiable assets
Electrical Americas	$	4,163	$	3,655	$	3,002
Electrical Global	2,868		2,658		2,579
Aerospace	2,276		1,859		1,729
Vehicle	2,251		2,230		1,985
eMobility	563		402		220
Total identifiable assets	12,121		10,804		9,515
Goodwill	14,977		14,796		14,751
Other intangible assets	5,091		5,485		5,855
Corporate	6,243		3,929		3,906
Total assets	$	38,432	$	35,014	$	34,027
Capital expenditures for property, plant and equipment
Electrical Americas	$	309	$	181	$	180
Electrical Global	142		151		120
Hydraulics	—		—		34
Aerospace	97		92		78
Vehicle	96		95		112
eMobility	76		52		27
Total	721		571		551
Corporate	36		28		24
Total expenditures for property, plant and equipment	$	757	$	598	$	575
Depreciation of property, plant and equipment
Electrical Americas	$	108	$	101	$	105
Electrical Global	96		94		97
Aerospace	69		64		69
Vehicle	92		89		95
eMobility	21		16		8
Total	386		364		374
Corporate	43		44		52
Total depreciation of property, plant and equipment	$	429	$	408	$	426

Schedule of Geographic Region Information

Net sales are measured based on the geographic destination of sales. Long-lived assets consist of property, plant and equipment - net.

(In millions)	2023		2022		2021
Net sales
United States	$	14,071	$	12,353	$	10,868
Canada	949		754		797
Latin America	1,549		1,504		1,160
Europe	4,339		3,957		4,276
Asia Pacific	2,288		2,185		2,527
Total	$	23,196	$	20,752	$	19,628
Long-lived assets
United States	$	1,773	$	1,567	$	1,593
Canada	31		25		25
Latin America	476		383		277
Europe	797		711		701
Asia Pacific	453		460		468
Total	$	3,530	$	3,146	$	3,064