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v3.23.1

BUSINESS SEGMENT INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2023
Segment Reporting [Abstract] |
Schedule of Business Segment Information |
|  |  | Three months ended March 31
(In millions) |  |  |  |  | 2023 |  | 2022
Net sales |  |  |  |  |  |  |
Electrical Americas |  |  |  |  | $ | 2,294 |  |  | $ | 1,891 |
Electrical Global |  |  |  |  | 1,500 |  |  | 1,437 |
Aerospace |  |  |  |  | 803 |  |  | 718 |
Vehicle |  |  |  |  | 739 |  |  | 671 |
eMobility |  |  |  |  | 147 |  |  | 126 |
Total net sales |  |  |  |  | $ | 5,483 |  |  | $ | 4,843 |
Segment operating profit (loss) |  |  |  |  |  |  |
Electrical Americas |  |  |  |  | $ | 525 |  |  | $ | 361 |
Electrical Global |  |  |  |  | 274 |  |  | 279 |
Aerospace |  |  |  |  | 180 |  |  | 159 |
Vehicle |  |  |  |  | 107 |  |  | 113 |
eMobility |  |  |  |  | (4) |  |  | (3) |
Total segment operating profit |  |  |  |  | 1,082 |  |  | 909 |
Corporate |  |  |  |  |  |  |
Intangible asset amortization expense |  |  |  |  | (124) |  |  | (128) |
Interest expense - net |  |  |  |  | (50) |  |  | (32) |
Pension and other postretirement benefits income |  |  |  |  | 11 |  |  | 19 |
Restructuring program charges |  |  |  |  | (10) |  |  | (18) |
Other expense - net |  |  |  |  | (148) |  |  | (131) |
Income before income taxes |  |  |  |  | 762 |  |  | 619 |
Income tax expense |  |  |  |  | 123 |  |  | 86 |
Net income |  |  |  |  | 639 |  |  | 533 |
Less net income for noncontrolling interests |  |  |  |  | (1) |  |  | (1) |
Net income attributable to Eaton ordinary shareholders |  |  |  |  | $ | 638 |  |  | $ | 532 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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