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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Total Eaton shareholders' equity
Ordinary shares
Capital in excess of par value
Retained earnings
Accumulated other comprehensive loss
Shares held in trust
Noncontrolling interests
Balance at beginning of period (in shares) at Dec. 31, 2021     398.8          
Balance at beginning of period at Dec. 31, 2021 $ 16,451 $ 16,413 $ 4 $ 12,449 $ 7,594 $ (3,633) $ (1) $ 38
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2,465 2,462     2,462     4
Other comprehensive income (loss), net of tax (313) (313)       (313)    
Cash dividends paid (1,301) (1,299)     (1,299)     (2)
Issuance of shares under equity-based compensation plans (in shares)     1.1          
Issuance of shares under equity-based compensation plans 63 63   65 (2)      
Changes in noncontrolling interest of consolidated subsidiaries - net (3) (1)   (1)       (2)
Repurchase of shares (in shares)     (2.0)          
Repurchase of shares (286) (286)     (286)      
Balance at end of period (in shares) at Dec. 31, 2022     397.8          
Balance at end of period at Dec. 31, 2022 17,075 17,038 $ 4 12,512 8,468 (3,946) (1) 38
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 3,223 3,218     3,218     5
Other comprehensive income (loss), net of tax 39 39       39    
Cash dividends paid (1,388) (1,379)     (1,379)     (9)
Issuance of shares under equity-based compensation plans (in shares)     1.5          
Issuance of shares under equity-based compensation plans 120 120   122 (2)      
Changes in noncontrolling interest of consolidated subsidiaries - net (1)             (1)
Balance at end of period (in shares) at Dec. 31, 2023     399.4          
Balance at end of period at Dec. 31, 2023 19,069 19,036 $ 4 12,634 10,305 (3,906) (1) 33
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 3,798 3,794     3,794     4
Other comprehensive income (loss), net of tax (436) (436)       (436)    
Cash dividends paid (1,502) (1,500)     (1,500)     (2)
Issuance of shares under equity-based compensation plans (in shares)     1.3          
Issuance of shares under equity-based compensation plans 94 94   96 (2)      
Changes in noncontrolling interest of consolidated subsidiaries - net 8             8
Repurchase of shares (in shares)     (7.8)          
Repurchase of shares (2,500) (2,500)     (2,500)      
Balance at end of period (in shares) at Dec. 31, 2024     392.9          
Balance at end of period at Dec. 31, 2024 $ 18,531 $ 18,488 $ 4 $ 12,731 $ 10,096 $ (4,342) $ (1) $ 43