v3.2.0.727
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Jun. 30, 2014
Dec. 31, 2013
Current assets        
Cash $ 303 $ 781 $ 631 $ 915
Short-term investments 127 245    
Accounts receivable - net 3,840 3,667    
Inventory 2,439 2,428    
Deferred income taxes 553 593    
Prepaid expenses and other current assets 382 386    
Total current assets 7,644 8,100    
Property, plant and equipment - net 3,680 3,750    
Other noncurrent assets        
Goodwill 13,698 13,893    
Other intangible assets 6,282 6,556    
Deferred income taxes 250 228    
Other assets 1,025 1,002    
Total assets 32,579 33,529    
Current liabilities        
Short-term debt 139 2    
Current portion of long-term debt 842 1,008    
Accounts payable 1,931 1,940    
Accrued compensation 327 420    
Other current liabilities 1,817 1,985    
Total current liabilities 5,056 5,355    
Noncurrent liabilities        
Long-term debt 7,770 8,024    
Pension liabilities 1,552 1,812    
Other postretirement benefits liabilities 507 513    
Deferred income taxes 876 901    
Other noncurrent liabilities 1,015 1,085    
Total noncurrent liabilities 11,720 12,335    
Shareholders' equity        
Eaton shareholders' equity 15,753 15,786    
Noncontrolling interests 50 53    
Total equity 15,803 15,839    
Total liabilities and equity $ 32,579 $ 33,529