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BUSINESS SEGMENT INFORMATION | 9 Months Ended
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Sep. 30, 2017
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 Products, Electrical Systems and Services, Hydraulics, Aerospace and Vehicle. Operating profit includes the operating profit from intersegment sales. For additional information regarding Eaton’s business segments, see Note 15 to the Consolidated Financial Statements contained in the 2016 Form 10-K.
| Three months ended September 30 |  | Nine months ended September 30
| 2017 |  | 2016 |  | 2017 |  | 2016
Net sales |  |  |  |  |  |  |
Electrical Products | $ | 1,857 |  |  | $ | 1,767 |  |  | $ | 5,371 |  |  | $ | 5,231 |
Electrical Systems and Services | 1,421 |  |  | 1,436 |  |  | 4,168 |  |  | 4,207 |
Hydraulics | 634 |  |  | 562 |  |  | 1,854 |  |  | 1,702 |
Aerospace | 438 |  |  | 436 |  |  | 1,303 |  |  | 1,328 |
Vehicle | 861 |  |  | 786 |  |  | 2,495 |  |  | 2,412 |
Total net sales | $ | 5,211 |  |  | $ | 4,987 |  |  | $ | 15,191 |  |  | $ | 14,880 |
Segment operating profit |  |  |  |  |  |  |
Electrical Products | $ | 346 |  |  | $ | 331 |  |  | $ | 957 |  |  | $ | 924 |
Electrical Systems and Services | 196 |  |  | 197 |  |  | 545 |  |  | 534 |
Hydraulics | 80 |  |  | 61 |  |  | 214 |  |  | 161 |
Aerospace | 84 |  |  | 88 |  |  | 244 |  |  | 251 |
Vehicle | 150 |  |  | 122 |  |  | 397 |  |  | 377 |
Total segment operating profit | 856 |  |  | 799 |  |  | 2,357 |  |  | 2,247 |
Corporate |  |  |  |  |  |  |
Amortization of intangible assets | (98 | ) |  | (99 | ) |  | (288 | ) |  | (297 | )
Interest expense - net | (60 | ) |  | (59 | ) |  | (181 | ) |  | (173 | )
Pension and other postretirement benefits expense | (16 | ) |  | (18 | ) |  | (38 | ) |  | (45 | )
Gain on sale of business | 1,077 |  |  | — |  |  | 1,077 |  |  | — |
Other corporate expense - net | (68 | ) |  | (50 | ) |  | (202 | ) |  | (164 | )
Income before income taxes | 1,691 |  |  | 573 |  |  | 2,725 |  |  | 1,568 |
Income tax expense | 292 |  |  | 51 |  |  | 378 |  |  | 151 |
Net income | 1,399 |  |  | 522 |  |  | 2,347 |  |  | 1,417 |
Less net (income) loss for noncontrolling interests | — |  |  | 1 |  |  | (1 | ) |  | 1 |
Net income attributable to Eaton ordinary shareholders | $ | 1,399 |  |  | $ | 523 |  |  | $ | 2,346 |  |  | $ | 1,418 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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