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BUSINESS SEGMENT AND GEOGRAPHIC REGION INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of Business Segment Information | Business Segment Information
(In millions) | 2022 |  | 2021 |  | 2020
Net sales |  |  |  |  |
Electrical Americas | $ | 8,497 |  |  | $ | 7,242 |  |  | $ | 6,680 |
Electrical Global | 5,848 |  |  | 5,516 |  |  | 4,703 |
Hydraulics | — |  |  | 1,300 |  |  | 1,842 |
Aerospace | 3,039 |  |  | 2,648 |  |  | 2,223 |
Vehicle | 2,830 |  |  | 2,579 |  |  | 2,118 |
eMobility | 538 |  |  | 343 |  |  | 292 |
Total net sales | $ | 20,752 |  |  | $ | 19,628 |  |  | $ | 17,858 |
Segment operating profit (loss) |  |  |  |  |
Electrical Americas | $ | 1,913 |  |  | $ | 1,495 |  |  | $ | 1,352 |
Electrical Global | 1,134 |  |  | 1,034 |  |  | 750 |
Hydraulics | — |  |  | 177 |  |  | 186 |
Aerospace | 705 |  |  | 580 |  |  | 414 |
Vehicle | 453 |  |  | 449 |  |  | 243 |
eMobility | (9) |  |  | (29) |  |  | (8) |
Total segment operating profit | 4,196 |  |  | 3,706 |  |  | 2,937 |
Corporate |  |  |  |  |
Intangible asset amortization expense | (499) |  |  | (444) |  |  | (354) |
Interest expense - net | (144) |  |  | (144) |  |  | (149) |
Pension and other postretirement benefits income (expense) | 43 |  |  | 65 |  |  | (40) |
Restructuring program charges | (33) |  |  | (78) |  |  | (214) |
Other expense - net | (653) |  |  | (209) |  |  | (434) |
Income before income taxes | 2,911 |  |  | 2,896 |  |  | 1,746 |
Income tax expense | 445 |  |  | 750 |  |  | 331 |
Net income | 2,465 |  |  | 2,146 |  |  | 1,415 |
Less net income for noncontrolling interests | (4) |  |  | (2) |  |  | (5) |
Net income attributable to Eaton ordinary shareholders | $ | 2,462 |  |  | $ | 2,144 |  |  | $ | 1,410 |
Schedule of Identifiable Assets, Capital Expenditures, and Depreciation by Segment |
(In millions) | 2022 |  | 2021 |  | 2020
Identifiable assets |  |  |  |  |
Electrical Americas | $ | 3,655 |  |  | $ | 3,002 |  |  | $ | 2,333 |
Electrical Global | 2,658 |  |  | 2,579 |  |  | 2,334 |
Aerospace | 1,859 |  |  | 1,729 |  |  | 1,363 |
Vehicle | 2,230 |  |  | 1,985 |  |  | 1,950 |
eMobility | 402 |  |  | 220 |  |  | 180 |
Total identifiable assets | 10,804 |  |  | 9,515 |  |  | 8,160 |
Goodwill | 14,796 |  |  | 14,751 |  |  | 12,903 |
Other intangible assets | 5,485 |  |  | 5,855 |  |  | 4,175 |
Corporate | 3,929 |  |  | 3,906 |  |  | 4,099 |
Assets held for sale | — |  |  | — |  |  | 2,487 |
Total assets | $ | 35,014 |  |  | $ | 34,027 |  |  | $ | 31,824 |
Capital expenditures for property, plant and equipment |  |  |  |  |
Electrical Americas | $ | 181 |  |  | $ | 180 |  |  | $ | 95 |
Electrical Global | 151 |  |  | 120 |  |  | 71 |
Hydraulics | — |  |  | 34 |  |  | 41 |
Aerospace | 92 |  |  | 78 |  |  | 59 |
Vehicle | 95 |  |  | 112 |  |  | 77 |
eMobility | 52 |  |  | 27 |  |  | 24 |
Total | 571 |  |  | 551 |  |  | 367 |
Corporate | 28 |  |  | 24 |  |  | 22 |
Total expenditures for property, plant and equipment | $ | 598 |  |  | $ | 575 |  |  | $ | 389 |
Depreciation of property, plant and equipment |  |  |  |  |
Electrical Americas | $ | 101 |  |  | $ | 105 |  |  | $ | 101 |
Electrical Global | 94 |  |  | 97 |  |  | 94 |
Aerospace | 64 |  |  | 69 |  |  | 53 |
Vehicle | 89 |  |  | 95 |  |  | 98 |
eMobility | 16 |  |  | 8 |  |  | 6 |
Total | 364 |  |  | 374 |  |  | 352 |
Corporate | 44 |  |  | 52 |  |  | 56 |
Total depreciation of property, plant and equipment | $ | 408 |  |  | $ | 426 |  |  | $ | 408 |
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) | 2022 |  | 2021 |  | 2020
Net sales |  |  |  |  |
United States | $ | 12,353 |  |  | $ | 10,868 |  |  | $ | 10,044 |
Canada | 754 |  |  | 797 |  |  | 757 |
Latin America | 1,504 |  |  | 1,160 |  |  | 939 |
Europe | 3,957 |  |  | 4,276 |  |  | 3,818 |
Asia Pacific | 2,185 |  |  | 2,527 |  |  | 2,300 |
Total | $ | 20,752 |  |  | $ | 19,628 |  |  | $ | 17,858 |
Long-lived assets |  |  |  |  |
United States | $ | 1,567 |  |  | $ | 1,593 |  |  | $ | 1,510 |
Canada | 25 |  |  | 25 |  |  | 25 |
Latin America | 383 |  |  | 277 |  |  | 249 |
Europe | 711 |  |  | 701 |  |  | 738 |
Asia Pacific | 460 |  |  | 468 |  |  | 442 |
Total | $ | 3,146 |  |  | $ | 3,064 |  |  | $ | 2,964 |

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