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BUSINESS SEGMENT AND GEOGRAPHIC REGION INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Schedule of Business Segment Information | Business Segment Information
(In millions) | 2021 |  | 2020 |  | 2019
Net sales |  |  |  |  |
Electrical Americas | $ | 7,242 |  |  | $ | 6,680 |  |  | $ | 8,175 |
Electrical Global | 5,516 |  |  | 4,703 |  |  | 5,172 |
Hydraulics | 1,300 |  |  | 1,842 |  |  | 2,204 |
Aerospace | 2,648 |  |  | 2,223 |  |  | 2,480 |
Vehicle | 2,579 |  |  | 2,118 |  |  | 3,038 |
eMobility | 343 |  |  | 292 |  |  | 321 |
Total net sales | $ | 19,628 |  |  | $ | 17,858 |  |  | $ | 21,390 |
Segment operating profit (loss) |  |  |  |  |
Electrical Americas | $ | 1,495 |  |  | $ | 1,352 |  |  | $ | 1,549 |
Electrical Global | 1,034 |  |  | 750 |  |  | 897 |
Hydraulics | 177 |  |  | 186 |  |  | 193 |
Aerospace | 580 |  |  | 414 |  |  | 595 |
Vehicle | 449 |  |  | 243 |  |  | 460 |
eMobility | (29) |  |  | (8) |  |  | 17 |
Total segment operating profit | 3,706 |  |  | 2,937 |  |  | 3,711 |
Corporate |  |  |  |  |
Intangible asset amortization expense | (444) |  |  | (354) |  |  | (367) |
Interest expense - net | (144) |  |  | (149) |  |  | (199) |
Pension and other postretirement benefits income (expense) | 65 |  |  | (40) |  |  | (12) |
Restructuring program charges | (78) |  |  | (214) |  |  | — |
Other expense - net | (209) |  |  | (434) |  |  | (542) |
Income before income taxes | 2,896 |  |  | 1,746 |  |  | 2,591 |
Income tax expense | 750 |  |  | 331 |  |  | 378 |
Net income | 2,146 |  |  | 1,415 |  |  | 2,213 |
Less net income for noncontrolling interests | (2) |  |  | (5) |  |  | (2) |
Net income attributable to Eaton ordinary shareholders | $ | 2,144 |  |  | $ | 1,410 |  |  | $ | 2,211 |
Schedule of Identifiable Assets, Capital Expenditures, and Depreciation by Segment |
(In millions) | 2021 |  | 2020 |  | 2019
Identifiable assets |  |  |  |  |
Electrical Americas | $ | 3,002 |  |  | $ | 2,333 |  |  | $ | 2,360 |
Electrical Global | 2,579 |  |  | 2,334 |  |  | 2,319 |
Hydraulics | — |  |  | — |  |  | 1,293 |
Aerospace | 1,729 |  |  | 1,363 |  |  | 1,562 |
Vehicle | 1,985 |  |  | 1,950 |  |  | 2,145 |
eMobility | 220 |  |  | 180 |  |  | 141 |
Total identifiable assets | 9,515 |  |  | 8,160 |  |  | 9,820 |
Goodwill | 14,751 |  |  | 12,903 |  |  | 13,456 |
Other intangible assets | 5,855 |  |  | 4,175 |  |  | 4,638 |
Corporate | 3,906 |  |  | 4,099 |  |  | 3,514 |
Assets held for sale | — |  |  | 2,487 |  |  | 1,377 |
Total assets | $ | 34,027 |  |  | $ | 31,824 |  |  | $ | 32,805 |
Capital expenditures for property, plant and equipment |  |  |  |  |
Electrical Americas | $ | 180 |  |  | $ | 95 |  |  | $ | 160 |
Electrical Global | 120 |  |  | 71 |  |  | 106 |
Hydraulics | 34 |  |  | 41 |  |  | 80 |
Aerospace | 78 |  |  | 59 |  |  | 61 |
Vehicle | 112 |  |  | 77 |  |  | 127 |
eMobility | 27 |  |  | 24 |  |  | 8 |
Total | 551 |  |  | 367 |  |  | 542 |
Corporate | 24 |  |  | 22 |  |  | 45 |
Total expenditures for property, plant and equipment | $ | 575 |  |  | $ | 389 |  |  | $ | 587 |
Depreciation of property, plant and equipment |  |  |  |  |
Electrical Americas | $ | 105 |  |  | $ | 101 |  |  | $ | 118 |
Electrical Global | 97 |  |  | 94 |  |  | 93 |
Hydraulics | — |  |  | — |  |  | 58 |
Aerospace | 69 |  |  | 53 |  |  | 37 |
Vehicle | 95 |  |  | 98 |  |  | 102 |
eMobility | 8 |  |  | 6 |  |  | 5 |
Total | 374 |  |  | 352 |  |  | 413 |
Corporate | 52 |  |  | 56 |  |  | 52 |
Total depreciation of property, plant and equipment | $ | 426 |  |  | $ | 408 |  |  | $ | 465 |
Schedule of Geographic Region Information | Net sales are measured based on the geographic destination of sales. Long-lived assets consist of property, plant and equipment - net.
(In millions) | 2021 |  | 2020 |  | 2019
Net sales |  |  |  |  |
United States | $ | 10,868 |  |  | $ | 10,044 |  |  | $ | 12,336 |
Canada | 797 |  |  | 757 |  |  | 941 |
Latin America | 1,160 |  |  | 939 |  |  | 1,312 |
Europe | 4,276 |  |  | 3,818 |  |  | 4,311 |
Asia Pacific | 2,527 |  |  | 2,300 |  |  | 2,490 |
Total | $ | 19,628 |  |  | $ | 17,858 |  |  | $ | 21,390 |
Long-lived assets |  |  |  |  |
United States | $ | 1,593 |  |  | $ | 1,510 |  |  | $ | 1,821 |
Canada | 25 |  |  | 25 |  |  | 24 |
Latin America | 277 |  |  | 249 |  |  | 316 |
Europe | 701 |  |  | 738 |  |  | 797 |
Asia Pacific | 468 |  |  | 442 |  |  | 538 |
Total | $ | 3,064 |  |  | $ | 2,964 |  |  | $ | 3,496 |

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