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RESTRUCTURING CHARGES | 3 Months Ended
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Mar. 31, 2023
Restructuring and Related Activities [Abstract] |
RESTRUCTURING CHARGES | RESTRUCTURING CHARGES In the second quarter of 2020, Eaton initiated a multi-year restructuring program to reduce its cost structure and gain efficiencies in its business segments and at corporate in order to respond to declining market conditions brought on by the COVID-19 pandemic. Since the inception of the program, the Company has incurred charges of $335 million. These restructuring activities are expected to be completed in 2023 with total estimated charges of $350 million cumulatively for the entire program. The remaining charges in 2023 are expected to relate primarily to plant closing and other costs. A summary of restructuring program charges is as follows:
|  |  | Three months ended March 31
(In millions except for per share data) |  |  |  |  | 2023 |  | 2022
Workforce reductions |  |  |  |  | $ | 2 |  |  | $ | 5 |
Plant closing and other |  |  |  |  | 7 |  |  | 13 |
Total before income taxes |  |  |  |  | 10 |  |  | 18 |
Income tax benefit |  |  |  |  | 2 |  |  | 4 |
Total after income taxes |  |  |  |  | $ | 8 |  |  | $ | 14 |
Per ordinary share - diluted |  |  |  |  | $ | 0.02 |  |  | $ | 0.03 |
Restructuring program charges related to the following segments:
|  |  | Three months ended March 31 |  |
(In millions) |  |  |  |  | 2023 |  | 2022 |  |  |  |
Electrical Americas |  |  |  |  | $ | 2 |  |  | $ | 5 |  |  |  |  |
Electrical Global |  |  |  |  | 3 |  |  | 5 |  |  |  |  |
Aerospace |  |  |  |  | 1 |  |  | 3 |  |  |  |  |
Vehicle |  |  |  |  | 2 |  |  | 3 |  |  |  |  |
Corporate |  |  |  |  | 1 |  |  | 2 |  |  |  |  |
Total |  |  |  |  | $ | 10 |  |  | $ | 18 |  |  |  |  |
A summary of liabilities related to workforce reductions, plant closing and other associated costs is as follows:
(In millions) | Workforce reductions |  | Plant closing and other |  | Total
Balance at January 1, 2020 | $ | — |  |  | $ | — |  |  | $ | — |
Liability recognized | 172 |  |  | 42 |  |  | 214 |
Payments, utilization and translation | (33) |  |  | (39) |  |  | (72) |
Balance at December 31, 2020 | 139 |  |  | 3 |  |  | 142 |
Liability recognized | 21 |  |  | 57 |  |  | 78 |
Payments, utilization and translation | (64) |  |  | (52) |  |  | (116) |
Balance at December 31, 2021 | 96 |  |  | 8 |  |  | 104 |
Liability recognized, net 1 | (13) |  |  | 47 |  |  | 33 |
Payments, utilization and translation | (45) |  |  | (51) |  |  | (96) |
Balance at December 31, 2022 | 38 |  |  | 4 |  |  | 41 |
Liability recognized | 2 |  |  | 7 |  |  | 10 |
Payments | (5) |  |  | (8) |  |  | (13) |
Balance at March 31, 2023 | $ | 35 |  |  | $ | 3 |  |  | $ | 38 |
1 The restructuring program liability was adjusted by $30 million in 2022 related to true-ups for completed workforce reductions and the decision not to close a facility in the Vehicle segment that was previously included in the program. These restructuring program charges were included in Cost of products sold, Selling and administrative expense, Research and development expense, or Other income - net, as appropriate. In Business Segment Information, these restructuring program charges are treated as Corporate items. See Note 16 for additional information about business segments.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI https://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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