XML 84 R71.htm IDEA: XBRL DOCUMENT
v3.22.0.1

RETIREMENT BENEFITS PLANS - Pension Plans Assumptions (Details) - Pension plans | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019
United States |  |  |  |
Assumptions used to determine benefit obligation at year-end (as a percent) |  |  |  |
Discount rate |  | 2.81% | 2.48% | 3.22%
Rate of compensation increase |  | 3.12% | 3.12% | 3.14%
Interest rate used to credit cash balance plans |  | 1.99% | 2.02% | 2.59%
Assumptions used to determine expense (as a percent) |  |  |  |
Discount rate used to determine benefit obligation |  | 2.61% | 3.22% | 4.28%
Discount rate used to determine service cost |  | 2.92% | 3.34% | 4.39%
Discount rate used to determine interest cost |  | 1.83% | 2.75% | 3.94%
Expected long-term return on plan assets |  | 6.75% | 7.25% | 7.25%
Rate of compensation increase |  | 3.12% | 3.14% | 3.14%
Interest rate used to credit cash balance plans |  | 2.14% | 2.59% | 3.13%
Foreign Plan |  |  |  |
Assumptions used to determine benefit obligation at year-end (as a percent) |  |  |  |
Discount rate |  | 2.01% | 1.59% | 2.02%
Rate of compensation increase |  | 3.01% | 3.02% | 3.05%
Interest rate used to credit cash balance plans |  | 0.56% | 0.53% | 0.54%
Assumptions used to determine expense (as a percent) |  |  |  |
Discount rate used to determine benefit obligation |  | 1.63% | 2.02% | 2.83%
Discount rate used to determine service cost |  | 2.52% | 2.78% | 4.02%
Discount rate used to determine interest cost |  | 1.36% | 1.82% | 2.56%
Expected long-term return on plan assets |  | 5.62% | 5.84% | 6.42%
Rate of compensation increase |  | 3.02% | 3.05% | 3.10%
Interest rate used to credit cash balance plans |  | 0.52% | 0.54% | 2.60%
Forecast | United States |  |  |  |
Assumptions used to determine expense (as a percent) |  |  |  |
Expected long-term return on plan assets | 6.50% |  |  |
Forecast | Foreign Plan |  |  |  |
Assumptions used to determine expense (as a percent) |  |  |  |
Expected long-term return on plan assets | 5.70% |  |  |

X
- Definition Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate To Determine Benefit Obligation + References No definition available. + Details
Name: | etn_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRateToDetermineBenefitObligation
Namespace Prefix: | etn_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate To Determine Interest Costs + References No definition available. + Details
Name: | etn_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRateToDetermineInterestCosts
Namespace Prefix: | etn_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate To Determine Service Costs + References No definition available. + Details
Name: | etn_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRateToDetermineServiceCosts
Namespace Prefix: | etn_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average rate for present value of future retirement benefits cash flows, used to determine benefit obligation of defined benefit plan. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k)(1) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
Name: | us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Weighted average rate increase of compensation, used to determine benefit obligation of defined benefit plan. Plan includes, but is not limited to, pay-related defined benefit plan. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k)(2) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
Name: | us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Weighted-average interest crediting rate used to determine benefit obligation of defined benefit plan. Plan includes, but is not limited to, cash balance and other defined benefit plans with promised interest crediting rate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k)(4) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
Name: | us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationWeightedAverageInterestCreditingRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Weighted average rate of return on plan assets, reflecting average rate of earnings expected on existing plan assets and expected contributions, used to determine net periodic benefit cost of defined benefit plan. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k)(3) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e2919-114920 + Details
Name: | us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average rate of compensation increase used to determine net periodic benefit cost of defined benefit plan. Plan includes, but is not limited to, pay-related defined benefit plan. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k)(2) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
Name: | us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted-average interest crediting rate used to determine net periodic benefit cost of defined benefit plan. Plan includes, but is not limited to, cash balance and other defined benefit plans with promised interest crediting rate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k)(4) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
Name: | us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostWeightedAverageInterestCreditingRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingBenefitObligationAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_RetirementPlanTypeAxis=us-gaap_PensionPlansDefinedBenefitMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RetirementPlanSponsorLocationAxis=country_US
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RetirementPlanSponsorLocationAxis=us-gaap_ForeignPlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=srt_ScenarioForecastMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |