BUSINESS SEGMENT INFORMATION

6 Months Ended

Jun. 30, 2019

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, Vehicle, and eMobility. Operating profit includes the operating profit from intersegment sales. For additional information regarding Eaton’s business segments, see Note 16 to the Consolidated Financial Statements contained in the 2018 Form 10-K.



	Three months ended June 30						Six months ended June 30
	2019			2018			2019			2018
Net sales
Electrical Products	$	1,849		$	1,806		$	3,609		$	3,538
Electrical Systems and Services	1,582			1,513			3,046			2,894
Hydraulics	698			723			1,384			1,433
Aerospace	517			463			1,019			921
Vehicle	803			899			1,613			1,792
eMobility	84			83			167			160
Total net sales	$	5,533		$	5,487		$	10,838		$	10,738

Segment operating profit
Electrical Products	$	361		$	334		$	692		$	641
Electrical Systems and Services	275			227			467			394
Hydraulics	80			101			160			191
Aerospace	127			90			243			179
Vehicle	136			166			258			298
eMobility	7			14			12			25
Total segment operating profit	986			932			1,832			1,728

Corporate
Amortization of intangible assets	(94		)	(96		)	(187		)	(194		)
Interest expense - net	(63		)	(68		)	(129		)	(138		)
Pension and other postretirement benefits expense	(2		)	1			(2		)	(1		)
Other corporate expense - net	(89		)	(75		)	(173		)	(136		)
Income before income taxes	738			694			1,341			1,259
Income tax expense	102			83			183			161
Net income	636			611			1,158			1,098
Less net income for noncontrolling interests	—			(1		)	—			—
Net income attributable to Eaton ordinary shareholders	$	636		$	610		$	1,158		$	1,098