Eaton (ETN) 10-Q 30 Oct 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document shares in Millions	9 Months Ended
	Sep. 30, 2015shares
Document and Entity Information [Abstract]
Entity Registrant Name	Eaton Corp plc
Trading Symbol	ETN
Entity Central Index Key	1,551,182
Document Type	10-Q
Document Period End Date	Sep. 30, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	462.8

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Statement [Abstract]
Net sales	$ 5,203	$ 5,728	$ 15,798	$ 16,987
Cost of products sold	3,597	3,916	10,865	11,799
Selling and administrative expense	907	961	2,723	2,907
Litigation settlements	0	0	0	644
Research and development expense	156	163	472	493
Interest expense - net	59	56	175	173
Other income - net	(3)	(10)	(27)	(181)
Income before income taxes	487	642	1,590	1,152
Income tax expense (benefit)	42	37	143	(66)
Net income	445	605	1,447	1,218
Less net loss (income) for noncontrolling interests	1	(3)	0	(6)
Net income attributable to Eaton ordinary shareholders	$ 446	$ 602	$ 1,447	$ 1,212
Net income per ordinary share
Diluted (usd per share)	$ 0.96	$ 1.26	$ 3.09	$ 2.53
Basic (usd per share)	$ 0.96	$ 1.27	$ 3.10	$ 2.55
Weighted-average number of ordinary shares outstanding
Diluted (shares)	466.4	477.2	468.5	478.2
Basic (shares)	465.1	474.8	466.8	475.5
Cash dividends declared per ordinary share (usd per share)	$ 0.55	$ 0.49	$ 1.65	$ 1.47

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 445	$ 605	$ 1,447	$ 1,218
Less net loss (income) for noncontrolling interests	1	(3)	0	(6)
Net income attributable to Eaton ordinary shareholders	446	602	1,447	1,212
Other comprehensive income (loss), net of tax
Currency translation and related hedging instruments	(372)	(609)	(883)	(598)
Pensions and other postretirement benefits	60	45	164	118
Cash flow hedges	0	(3)	3	(1)
Other comprehensive loss attributable to Eaton ordinary shareholders	(312)	(567)	(716)	(481)
Total comprehensive income attributable to Eaton ordinary shareholders	$ 134	$ 35	$ 731	$ 731

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Current assets
Cash	$ 418	$ 781	$ 655	$ 915
Short-term investments	150	245
Accounts receivable - net	3,656	3,667
Inventory	2,395	2,428
Deferred income taxes	550	593
Prepaid expenses and other current assets	410	386
Total current assets	7,579	8,100
Property, plant and equipment - net	3,590	3,750
Other noncurrent assets
Goodwill	13,540	13,893
Other intangible assets	6,139	6,556
Deferred income taxes	246	228
Other assets	1,107	1,002
Total assets	32,201	33,529
Current liabilities
Short-term debt	1	2
Current portion of long-term debt	841	1,008
Accounts payable	1,997	1,940
Accrued compensation	373	420
Other current liabilities	1,888	1,985
Total current liabilities	5,100	5,355
Noncurrent liabilities
Long-term debt	7,830	8,024
Pension liabilities	1,539	1,812
Other postretirement benefits liabilities	502	513
Deferred income taxes	820	901
Other noncurrent liabilities	997	1,085
Total noncurrent liabilities	11,688	12,335
Shareholders' equity
Eaton shareholders' equity	15,366	15,786
Noncontrolling interests	47	53
Total equity	15,413	15,839
Total liabilities and equity	$ 32,201	$ 33,529

Condensed Consolidated Statemen

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Operating activities
Net income	$ 1,447	$ 1,218
Adjustments to reconcile to net cash provided by operating activities
Depreciation and amortization	692	743
Deferred income taxes	(101)	(286)
Pension and other postretirement benefits expense	244	260
Contributions to pension plans	(290)	(333)
Contributions to other postretirement benefits plans	(24)	(38)
Excess tax benefit from equity-based compensation	0	(20)
Gain on sale of businesses	0	(68)
Changes in working capital	(184)	(391)
Other - net	(155)	(151)
Net cash provided by operating activities	1,629	934
Investing activities
Cash paid for acquisitions of businesses, net of cash acquired	(38)	0
Capital expenditures for property, plant and equipment	(368)	(378)
Sales of short-term investments - net	76	445
Proceeds from sale of businesses	1	282
Other - net	(44)	(56)
Net cash (used in) provided by investing activities	(373)	293
Financing activities
Proceeds from borrowings	1	0
Payments on borrowings	(405)	(580)
Cash dividends paid	(771)	(700)
Exercise of employee stock options	48	50
Repurchase of shares	(454)	(267)
Excess tax benefit from equity-based compensation	0	20
Other - net	(8)	(3)
Net cash used in financing activities	(1,589)	(1,480)
Effect of currency on cash	(30)	(7)
Total decrease in cash	(363)	(260)
Cash at the beginning of the period	781	915
Cash at the end of the period	$ 418	$ 655

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements of Eaton Corporation plc (Eaton or the Company) have been prepared in accordance with generally accepted accounting principles for interim financial information, the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by United States generally accepted accounting principles (US GAAP) for complete financial statements. However, in the opinion of management, all adjustments (consisting of normal recurring accruals) have been made that are necessary for a fair presentation of the condensed consolidated financial statements for the interim periods. This Form 10-Q should be read in conjunction with the consolidated financial statements and related notes included in Eaton’s 2014 Form 10-K. The interim period results are not necessarily indicative of the results to be expected for the full year. Management has evaluated subsequent events through the date this Form 10-Q was filed with the Securities and Exchange Commission. Certain prior year amounts have been reclassified to conform to the current year presentation. Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (ASU 2014-09). This accounting standard supersedes all existing US GAAP revenue recognition guidance. Under ASU 2014-09, a company will recognize revenue when it transfers the control of promised goods or services to customers in an amount that reflects the consideration which the company expects to collect in exchange for those goods or services. ASU 2014-09 will require additional disclosures in the notes to the consolidated financial statements and is effective for annual and interim reporting periods beginning after December 15, 2016. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers: Deferral of the Effective Date (ASU 2015-14). This accounting standard defers the effective date of ASU 2014-09 for one year and permit early adoption as of the original effective date. Eaton is evaluating the impact of ASU 2014-09 and an estimate of the impact to the consolidated financial statements cannot be made at this time.

Acquisition and Sale of Busines

Acquisition and Sale of Businesses	9 Months Ended
	Sep. 30, 2015
Business Combinations [Abstract]
ACQUISITION AND SALE OF BUSINESSES	ACQUISITION AND SALE OF BUSINESSES Acquisition of Ephesus Lighting, Inc. On October 28, 2015, Eaton acquired Ephesus Lighting, Inc. (Ephesus). Ephesus is a leader in LED lighting for stadiums and other high lumen outdoor and industrial applications. Its sales over the last twelve months were $22 . Ephesus will be reported within the Electrical Products business segment. Acquisition of UK Safety Technology Manufacturer Oxalis Group Ltd. On January 12, 2015, Eaton acquired Oxalis Group Ltd. (Oxalis). Oxalis is a manufacturer of closed-circuit television camera stations, public address and general alarm systems and other electrical products for the hazardous area, marine and industrial communications markets. Oxalis is reported within the Electrical Systems and Services business segment. Sale of Aerospace Power Distribution Management Solutions and Integrated Cockpit Solutions On May 9, 2014, Eaton sold the Aerospace Power Distribution Management Solutions and Integrated Cockpit Solutions businesses to Safran for $270 , which resulted in a pre-tax gain of $154 .

Acquisition Integration Charges

Acquisition Integration Charges	9 Months Ended
	Sep. 30, 2015
Acquisitions Integration Charges [Abstract]
ACQUISITION INTEGRATION CHARGES	ACQUISITION INTEGRATION CHARGES Eaton incurs integration charges related to acquired businesses. A summary of these charges follows: Three months ended Nine months ended 2015 2014 2015 2014 Business segment Electrical Products $ 5 $ 8 $ 17 $ 49 Electrical Systems and Services 3 4 10 43 Hydraulics — 2 2 11 Total business segments 8 14 29 103 Corporate 2 5 4 19 Total acquisition integration charges before income taxes $ 10 $ 19 $ 33 $ 122 Total after income taxes $ 7 $ 14 $ 22 $ 81 Per ordinary share - diluted $ 0.01 $ 0.03 $ 0.05 $ 0.17 Business segment acquisition integration charges for the three and nine months ended September 30, 2015 and 2014 were related primarily to the integration of Cooper Industries plc (Cooper) to gain efficiencies in selling, marketing, traditional back-office functions, manufacturing, and distribution. These charges were included in Cost of products sold or Selling and administrative expense, as appropriate. In Business Segment Information the charges reduced Operating profit of the related business segment. See Note 13 for additional information about business segments. Corporate acquisition integration charges in 2015 and 2014 were related to the acquisition of Cooper. These charges were included in Selling and administrative expense. In Business Segment Information the charges were included in Other corporate expense - net. The Cooper integration initiatives are expected to continue throughout 2015 .

Restructuring Charges Restructu

Restructuring Charges Restructuring Charges	9 Months Ended
	Sep. 30, 2015
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure	RESTRUCTURING CHARGES During the third quarter of 2015 , Eaton took actions to reduce its cost structure in all business segments and at corporate. The restructuring charges were $113 in the third quarter of 2015 . These restructuring activities are anticipated to be $10 in the fourth quarter of 2015 and $30 in 2016. A summary of restructuring charges by segment follows: Three months ended September 30, 2015 Electrical Products 11 Electrical Systems & Services 26 Hydraulics 25 Aerospace 5 Vehicle 29 Corporate 17 Total 113 A summary of liabilities related to workforce reductions, plant closings and other associated costs follows: Workforce reductions Plant closing and other Total Balance at December 31, 2014 — — — Liability recognized 99 14 113 Payments (29 ) (1 ) (30 ) Other adjustments — (12 ) (12 ) Balance at September 30, 2015 70 1 71 These charges were included in Cost of products sold, Selling and administrative expenses or Other income-net, as appropriate. In Business Segment Information, the charges reduced Operating profit of the related business segment. See Note 13 for additional information about business segments.

Goodwill

Goodwill	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL	GOODWILL A summary of goodwill follows: Electrical Products Electrical Systems and Services Hydraulics Aerospace Vehicle Total December 31, 2014 $ 6,940 $ 4,314 $ 1,327 $ 962 $ 350 $ 13,893 Additions — 21 — — — 21 Reclassifications (106 ) 106 — — — — Translation (170 ) (129 ) (65 ) (3 ) (7 ) (374 ) September 30, 2015 $ 6,664 $ 4,312 $ 1,262 $ 959 $ 343 $ 13,540

Retirement Benefits Plans

Retirement Benefits Plans	9 Months Ended
	Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]
RETIREMENT BENEFITS PLANS	RETIREMENT BENEFITS PLANS The components of retirement benefits expense follow: United States pension benefit expense Non-United States pension benefit expense Other postretirement benefits expense Three months ended September 30 2015 2014 2015 2014 2015 2014 Service cost $ 31 $ 30 $ 18 $ 17 $ 2 $ 4 Interest cost 39 41 18 21 6 9 Expected return on plan assets (65 ) (61 ) (25 ) (25 ) (2 ) (1 ) Amortization 29 23 10 7 — 1 34 33 21 20 6 13 Settlements 25 14 — — — — Total expense $ 59 $ 47 $ 21 $ 20 $ 6 $ 13 United States Non-United States Other postretirement Nine months ended September 30 2015 2014 2015 2014 2015 2014 Service cost $ 92 $ 88 $ 55 $ 50 $ 5 $ 13 Interest cost 117 122 54 65 18 28 Expected return on plan assets (196 ) (184 ) (75 ) (75 ) (4 ) (4 ) Amortization 89 69 30 21 1 5 102 95 64 61 20 42 Settlements 58 62 — — — — Total expense $ 160 $ 157 $ 64 $ 61 $ 20 $ 42

Legal Contingencies

Legal Contingencies	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
LEGAL CONTINGENCIES	LEGAL CONTINGENCIES Eaton is subject to a broad range of claims, administrative and legal proceedings such as lawsuits that relate to contractual allegations, tax audits, patent infringement, personal injuries, antitrust matters and employment-related matters. Eaton is also subject to asbestos claims from historic products which may have contained asbestos. Historically, significant insurance coverage has been available to cover costs associated with these claims. Although it is not possible to predict with certainty the outcome or cost of these matters, the Company believes they will not have a material adverse effect on the consolidated financial statements. In 2010, a Brazilian court held that a judgment obtained by a Brazilian company, Raysul, against another Brazilian company, Saturnia, which was sold by Eaton in 2006 , could be enforced against Eaton Ltda. and Eaton Holding S.à.r.l. This judgment is based on an alleged violation of an agency agreement between Raysul and Saturnia. At September 30, 2015 , the Company has a total accrual of 91 Brazilian Reais related to this matter ( $23 based on current exchange rates), comprised of 60 Brazilian Reais recognized in the fourth quarter of 2010 ( $15 based on current exchange rates) with an additional 31 Brazilian Reais recognized through September 30, 2015 ( $8 based on current exchange rates). In 2010, Eaton filed motions for clarification with the Brazilian court of appeals which were denied on April 6, 2011 . Eaton filed appeals on various issues to the Superior Court of Justice in Brasilia. In April 2013, the Superior Court of Justice ruled in favor of Raysul. Additional motions for clarification have been filed with the Superior Court of Justice in Brasilia and were denied. On February 2, 2015, a final appeal was filed with the Superior Court of Justice in Brasilia. The Company expects that any sum it may be required to pay in connection with this matter will not exceed the amount of the recorded liability. On October 5, 2006, ZF Meritor LLC and Meritor Transmission Corporation (collectively, Meritor) filed an action against Eaton in the United States District Court of Delaware. The action sought damages, which would have been trebled under United States antitrust laws, as well as injunctive relief and costs. The suit alleged that Eaton engaged in anti-competitive conduct against Meritor in the sale of heavy-duty truck transmissions in North America. On June 23, 2014, Eaton announced it signed a settlement agreement with Meritor in the amount of $500 that resolved the lawsuit and removed the uncertainty of a trial and appeal process. On July 16, 2014, Eaton paid Meritor the $500 . Frisby Corporation, now known as Triumph Actuation Systems, LLC, and other claimants (collectively, Triumph) asserted claims alleging, among other things, unfair competition, defamation, malicious prosecution, deprivation of civil rights, and antitrust in the Hinds County Circuit Court of Mississippi in 2004 and in the Federal District Court of North Carolina in 2011. Eaton had asserted claims against Triumph regarding improper use of trade secrets and these claims were dismissed by the Hinds County Circuit Court. On June 18, 2014, Eaton announced it signed a settlement agreement with Triumph in the amount of $147.5 that resolved all claims and lawsuits and removed the uncertainty of a trial and appeal process. On July 8, 2014, Eaton paid Triumph the $147.5 .

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The effective income tax rate for the third quarter and first nine months of 2015 was an expense of 9% , compared to an expense of 6% and a benefit of 6% for the third quarter and first nine months of 2014 , respectively. Excluding the litigation settlements and related legal costs as well as the gain on the sale of Eaton's Aerospace businesses, all of which represents a total pre-tax expense of $494 in the second quarter of 2014 , the effective income tax rate for the first nine months of 2014 was an expense of 6% . See Note 7 and Note 2 for additional information about legal contingencies and the sale of businesses, respectively. The increase in the effective tax rate in the third quarter and first nine months of 2015 is primarily due to more income earned in higher tax jurisdictions, including the United States. At the end of the fourth quarter of 2011, the IRS issued a Notice for Eaton Corporation and Includible Subsidiaries 2005 and 2006 tax years (the 2011 Notice). The 2011 Notice proposed assessments of $75 in additional taxes plus $52 in penalties related primarily to transfer pricing adjustments for products manufactured in the Company's facilities in Puerto Rico and the Dominican Republic and sold to affiliated companies located in the U.S., net of agreed credits and deductions. The Company has set its transfer prices for products sold between these affiliates at the same prices that the Company sells such products to third parties as required by two successive Advance Pricing Agreements (APAs) the Company entered into with the IRS. For the years 2001 through 2004, the IRS had previously accepted the transfer pricing methodology related to these APAs after a comprehensive review conducted in two separate audit cycles. On December 16, 2011, immediately prior to the 2011 Notice being issued, the IRS sent a letter stating that it was retrospectively canceling the APAs, even though their respective APA terms had already expired. The Company is contesting the proposed assessments. The Company believes that it was in full compliance with the terms of the two APAs, and that the IRS's cancellation of these two APAs is without merit. On February 29, 2012, the Company filed a Petition with the U.S. Tax Court in which it asserted that the transfer pricing established in the APAs meets the arms-length standard set by the U.S. income tax laws, and accordingly, that the APAs should be enforced in accordance with their terms. The case involves both whether the APAs should be enforced and, if not, the appropriate transfer pricing methodology. The case was tried before the U.S. Tax Court in August and September 2015. The case will be fully submitted to the Court after the parties complete post-trial briefing on February 29, 2016, and it will likely be several months to a year before the Court renders a decision in the case. During the third quarter of 2014, the Company received a Notice from the IRS for the 2007 through 2010 tax years (the 2014 Notice) proposing assessments of $190 in additional taxes plus $72 in penalties, net of agreed credits and deductions. The proposed assessments pertain primarily to the same transfer pricing issues that are currently in litigation for the 2011 Notice, as noted above. During 2007 through 2010, the Company set its transfer prices for products sold between these affiliates consistent with the terms of a written APA between it and the IRS that covered the years at issue. To establish the relevant transfer prices, the APA relied on prices at which the Company sells the products to third parties. The 2014 Notice includes a separate proposed assessment involving the recognition of income for several of the Company’s controlled foreign corporations. The Company believes that these proposed assessments are without merit. On November 25, 2014, the Company filed a Petition with the U.S. Tax Court in which it challenged the IRS's adjustments. The Company expects the outcome of the 2014 Notice on the transfer pricing matter to be determined by the judicial decision related to the 2011 Notice. The Company has continued to apply the arms-length transfer pricing methodology for 2011 through the current reporting period.

Equity

Equity	9 Months Ended
	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
EQUITY	EQUITY Eaton has an ordinary share repurchase program (2013 Program) that authorizes the repurchase of 40 million ordinary shares. During the third quarter of 2015 and 2014 , 4.8 million and 3.4 million ordinary shares were repurchased under the 2013 Program in the open market at a total cost of $284 and $225 , respectively. During the first nine months of 2015 and 2014 , 7.2 million and 4.8 million ordinary shares were repurchased under the 2013 Program in the open market at a total cost of $454 and $324 , respectively. The changes in Shareholders’ equity follow: Eaton shareholders’ equity Noncontrolling interests Total equity Balance at December 31, 2014 $ 15,786 $ 53 $ 15,839 Net income 1,447 — 1,447 Other comprehensive loss (716 ) — (716 ) Cash dividends paid (771 ) (6 ) (777 ) Issuance of shares under equity-based compensation plans - net 77 — 77 Repurchase of shares (454 ) — (454 ) Change in Capital (3 ) — (3 ) Balance at September 30, 2015 $ 15,366 $ 47 $ 15,413 The changes in Accumulated other comprehensive loss follow: Currency translation and related hedging instruments Pensions and other postretirement benefits Cash flow hedges Total Balance at December 31, 2014 $ (1,414 ) $ (1,485 ) $ — $ (2,899 ) Other comprehensive (loss) income before reclassifications (883 ) 48 10 (825 ) Amounts reclassified from Accumulated other comprehensive loss — 116 (7 ) 109 Net current-period Other comprehensive (loss) income (883 ) 164 3 (716 ) Balance at September 30, 2015 $ (2,297 ) $ (1,321 ) $ 3 $ (3,615 ) The reclassifications out of Accumulated other comprehensive loss follow: Nine months ended September 30, 2015 Consolidated statements of income classification Amortization of pensions and other postretirement benefits items Actuarial loss and prior service cost $ (178 ) 1 Tax benefit 62 Total, net of tax (116 ) Gains and (losses) on cash flow hedges Currency exchange contracts 11 Cost of products sold Tax expense (4 ) Total, net of tax 7 Total reclassifications for the period $ (109 ) 1 These components of Accumulated other comprehensive loss are included in the computation of net periodic benefit cost. See Note 6 for additional information about pension and other post retirement benefits items. Net Income per Ordinary Share A summary of the calculation of net income per ordinary share attributable to shareholders follows: Three months ended Nine months ended (Shares in millions) 2015 2014 2015 2014 Net income attributable to Eaton ordinary shareholders $ 446 $ 602 $ 1,447 $ 1,212 Weighted-average number of ordinary shares outstanding - diluted 466.4 477.2 468.5 478.2 Less dilutive effect of equity-based compensation 1.3 2.4 1.7 2.7 Weighted-average number of ordinary shares outstanding - basic 465.1 474.8 466.8 475.5 Net income per ordinary share Diluted $ 0.96 $ 1.26 $ 3.09 $ 2.53 Basic 0.96 1.27 3.10 2.55 For the third quarter and first nine months of 2015 , 1.8 million and 1.3 million stock options, respectively, were excluded from the calculation of diluted net income per ordinary share because the exercise price of the options exceeded the average market price of the ordinary shares during the period and their effect, accordingly, would have been antidilutive. For the third quarter and first nine months of 2014 , 0.5 million and 0.3 million stock options, respectively, were excluded from the calculation of diluted net income per ordinary share because the exercise price of the options exceeded the average market price of the ordinary shares during the period and their effect, accordingly, would have been antidilutive.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS Fair value is measured based on an exit price, representing the amount that would be received to sell an asset or paid to satisfy a liability in an orderly transaction between market participants. Fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, a fair value hierarchy is established, which categorizes the inputs used in measuring fair value as follows: (Level 1) observable inputs such as quoted prices in active markets; (Level 2) inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and (Level 3) unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. A summary of financial instruments recognized at fair value, and the fair value measurements used, follows: Total Level 1 Level 2 Level 3 September 30, 2015 Cash $ 418 $ 418 $ — $ — Short-term investments 150 150 — — Net derivative contracts 161 — 161 — Long-term debt converted to floating interest rates by interest rate swaps - net (136 ) — (136 ) — December 31, 2014 Cash $ 781 $ 781 $ — $ — Short-term investments 245 245 — — Net derivative contracts 70 — 70 — Long-term debt converted to floating interest rates by interest rate swaps - net (74 ) — (74 ) — Eaton values its financial instruments using an industry standard market approach, in which prices and other relevant information is generated by market transactions involving identical or comparable assets or liabilities. No financial instruments were measured using unobservable inputs. Other Fair Value Measurements Long-term debt and the current portion of long-term debt had a carrying value of $8,671 and fair value of $8,900 at September 30, 2015 compared to $9,032 and $9,509 , respectively, at December 31, 2014 . The fair value of Eaton's debt instruments were estimated using prevailing market interest rates on debt with similar creditworthiness, terms and maturities and are considered a Level 2 fair value measurement.

Derivative Financial Instrument

Derivative Financial Instruments and Hedging Activities	9 Months Ended
	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES	DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES In the normal course of business, Eaton is exposed to certain risks related to fluctuations in interest rates, currency exchange rates and commodity prices. The Company uses various derivative and non-derivative financial instruments, primarily interest rate swaps, currency forward exchange contracts, currency swaps and, to a lesser extent, commodity contracts, to manage risks from these market fluctuations. The instruments used by Eaton are straightforward, non-leveraged instruments. The counterparties to these instruments are financial institutions with strong credit ratings. Eaton maintains control over the size of positions entered into with any one counterparty and regularly monitors the credit rating of these institutions. Such instruments are not purchased and sold for trading purposes. Derivative financial instruments are accounted for at fair value and recognized as assets or liabilities in the Condensed Consolidated Balance Sheets. Accounting for the gain or loss resulting from the change in the fair value of the derivative financial instrument depends on whether it has been designated, and is effective, as part of a hedging relationship and, if so, as to the nature of the hedging activity. Eaton formally documents all relationships between derivative financial instruments accounted for as designated hedges and the hedged item, as well as its risk-management objective and strategy for undertaking the hedge transaction. This process includes linking derivative financial instruments to a recognized asset or liability, specific firm commitment, forecasted transaction, or net investment in a foreign operation. These financial instruments can be designated as: • Hedges of the change in the fair value of a recognized fixed-rate asset or liability, or the firm commitment to acquire such an asset or liability (a fair value hedge); for these hedges, the gain or loss from the derivative financial instrument, as well as the offsetting loss or gain on the hedged item attributable to the hedged risk, are recognized in income during the period of change in fair value. • Hedges of the variable cash flows of a recognized variable-rate asset or liability, or the forecasted acquisition of such an asset or liability (a cash flow hedge); for these hedges, the effective portion of the gain or loss from the derivative financial instrument is recognized in Accumulated other comprehensive loss and reclassified to income in the same period when the gain or loss on the hedged item is included in income. • Hedges of the currency exposure related to a net investment in a foreign operation (a net investment hedge); for these hedges, the effective portion of the gain or loss from the derivative financial instrument is recognized in Accumulated other comprehensive loss and reclassified to income in the same period when the gain or loss related to the net investment in the foreign operation is included in income. The gain or loss from a derivative financial instrument designated as a hedge that is effective is classified in the same line of the Consolidated Statements of Income as the offsetting loss or gain on the hedged item. The change in fair value of a derivative financial instrument that is not effective as a hedge is immediately recognized in income. For derivatives that are not designated as a hedge, any gain or loss is immediately recognized in income. The majority of derivatives used in this manner relate to risks resulting from assets or liabilities denominated in a foreign currency and certain commodity contracts that arise in the normal course of business. Gains and losses associated with commodity hedge contracts are classified in Cost of products sold. Eaton uses certain of its debt denominated in foreign currency to hedge portions of its net investments in foreign operations against foreign currency exposure (net investment hedges). Foreign currency denominated debt designated on an after-tax basis as non-derivative net investment hedging instruments was $83 at September 30, 2015 and $84 at December 31, 2014 . Derivative Financial Statement Impacts The fair value of derivative financial instruments recognized in the Condensed Consolidated Balance Sheets follows: Notional amount Other current assets Other noncurrent assets Other current liabilities Other noncurrent liabilities Type of hedge Term September 30, 2015 Derivatives designated as hedges Fixed-to-floating interest rate swaps $ 3,440 $ — $ 136 $ — $ — Fair value 18 months to 19 years Currency exchange contracts 749 16 1 6 5 Cash flow 1 to 36 months Commodity contracts 1 — — — — Cash flow 1 to 12 months Total $ 16 $ 137 $ 6 $ 5 Derivatives not designated as hedges Currency exchange contracts $ 3,465 $ 43 $ 24 1 to 12 months Total $ 43 $ 24 December 31, 2014 Derivatives designated as hedges Fixed-to-floating interest rate swaps $ 3,440 $ — $ 84 $ — $ 10 Fair value 2 to 19 years Currency exchange contracts 432 8 1 5 3 Cash flow 1 to 36 months Commodity contracts 1 — — — — Cash flow 1 to 12 months Total $ 8 $ 85 $ 5 $ 13 Derivatives not designated as hedges Currency exchange contracts $ 4,447 $ 47 $ 52 1 to 12 months Total $ 47 $ 52 The currency exchange contracts shown in the table above as derivatives not designated as hedges are primarily contracts entered into to manage currency volatility or exposure on intercompany sales and loans. While Eaton does not elect hedge accounting treatment for these derivatives, Eaton targets managing 100% of the intercompany balance sheet exposure to minimize the effect of currency volatility related to the movement of goods and services in the normal course of its operations. This activity represents the great majority of these currency exchange contracts. The impact of derivative instruments to the Consolidated Statement of Income and Comprehensive Income follow: Gain (loss) recognized in other comprehensive (loss) income Location of gain reclassified from Accumulated other comprehensive loss Gain (loss) reclassified from Accumulated other comprehensive loss Three months ended Three months ended 2015 2014 2015 2014 Derivatives designated as cash flow hedges Currency exchange contracts 6 (3 ) Cost of products sold 5 1 Total $ 6 $ (3 ) $ 5 $ 1 Gain (loss) recognized in other comprehensive (loss) income Location of gain reclassified from Accumulated other comprehensive loss Gain (loss) reclassified from Accumulated other comprehensive loss Nine months ended Nine months ended 2015 2014 2015 2014 Derivatives designated as cash flow hedges Floating-to-fixed interest rate swaps $ — $ — Interest expense - net $ — $ (1 ) Currency exchange contracts 16 2 Cost of products sold 11 5 Total $ 16 $ 2 $ 11 $ 4 Amounts recognized in net income follow: Three months ended Nine months ended 2015 2014 2015 2014 Derivatives designated as fair value hedges Fixed-to-floating interest rate swaps $ 65 $ (12 ) $ 62 $ 61 Related long-term debt converted to floating interest rates by interest rate swaps (65 ) 12 (62 ) (61 ) $ — $ — $ — $ — Gains and losses described above were recognized in Interest expense - net.

Inventory

Inventory	9 Months Ended
	Sep. 30, 2015
Inventory Disclosure [Abstract]
INVENTORY	INVENTORY The components of inventory follow: September 30, December 31, Raw materials $ 1,140 $ 924 Work-in-process 242 422 Finished goods 1,136 1,201 Inventory at FIFO 2,518 2,547 Excess of FIFO over LIFO cost (123 ) (119 ) Total inventory $ 2,395 $ 2,428

Business Segment Information

Business Segment Information	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
BUSINESS SEGMENT INFORMATION	BUSINESS SEGMENT INFORMATION Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated on a regular basis by the chief operating decision maker, or decision making group, in deciding how to allocate resources to an individual segment and in assessing performance. Eaton’s operating segments are Electrical Products, Electrical Systems and Services, Hydraulics, Aerospace and Vehicle. Operating profit includes the operating profit from intersegment sales. For additional information regarding Eaton’s business segments, see Note 14 to the Consolidated Financial Statements contained in the 2014 Form 10-K. Three months ended Nine months ended 2015 2014 2015 2014 Net sales Electrical Products $ 1,771 $ 1,875 $ 5,246 $ 5,433 Electrical Systems and Services 1,487 1,655 4,437 4,807 Hydraulics 599 733 1,907 2,302 Aerospace 449 454 1,367 1,404 Vehicle 897 1,011 2,841 3,041 Total net sales $ 5,203 $ 5,728 $ 15,798 $ 16,987 Segment operating profit Electrical Products $ 322 $ 330 $ 858 $ 880 Electrical Systems and Services 164 238 573 601 Hydraulics 44 84 184 286 Aerospace 79 72 233 203 Vehicle 136 176 490 482 Total segment operating profit 745 900 2,338 2,452 Corporate Litigation settlements — — — (644 ) Amortization of intangible assets (102 ) (107 ) (306 ) (326 ) Interest expense - net (59 ) (56 ) (175 ) (173 ) Pension and other postretirement benefits expense (38 ) (31 ) (99 ) (114 ) Other corporate expense - net (59 ) (64 ) (168 ) (43 ) Income before income taxes 487 642 1,590 1,152 Income tax expense (benefit) 42 37 143 (66 ) Net income 445 605 1,447 1,218 Less net loss (income) for noncontrolling interests 1 (3 ) — (6 ) Net income attributable to Eaton ordinary shareholders $ 446 $ 602 $ 1,447 $ 1,212

Condensed Consolidating Financi

Condensed Consolidating Financial Information (Notes)	9 Months Ended
	Sep. 30, 2015
Condensed Financial Statements, Captions [Line Items]
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS	CONDENSED CONSOLIDATING FINANCIAL STATEMENTS On November 20, 2012 , Eaton Corporation issued senior notes totaling $4,900 to finance part of the cash portion of the acquisition of Cooper. On November 14, 2013, the senior notes were exchanged for senior notes registered under the Securities Act of 1933 (the Senior Notes). Eaton and certain other of Eaton's 100% owned direct and indirect subsidiaries (the Guarantors) fully and unconditionally guaranteed (subject, in the case of the Guarantors, other than Eaton, to customary release provisions as described below), on a joint and several basis, the Senior Notes. The following condensed consolidating financial statements are included so that separate financial statements of Eaton, Eaton Corporation and each of the Guarantors are not required to be filed with the Securities and Exchange Commission. The consolidating adjustments primarily relate to eliminations of investments in subsidiaries and intercompany balances and transactions. The condensed consolidating financial statements present investments in subsidiaries using the equity method of accounting. The guarantee of a Guarantor that is not a parent of the issuer will be automatically and unconditionally released and discharged in the event of any sale of the Guarantor or of all or substantially all of its assets, or in connection with the release or termination of the Guarantor as a guarantor under all other U.S. debt securities or U.S. syndicated credit facilities, subject to limitations set forth in the indenture. The guarantee of a Guarantor that is a direct or indirect parent of the issuer will only be automatically and unconditionally released and discharged in connection with the release or termination of such Guarantor as a guarantor under all other debt securities or syndicated credit facilities (in both cases, U.S. or otherwise), subject to limitations set forth in the indenture. During the third quarter of 2015, the Company undertook certain steps to restructure ownership of various subsidiaries. The transactions were entirely among wholly-owned subsidiaries under the common control of Eaton. This restructuring has been reflected as of the beginning of the earliest period presented below. CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2015 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 1,755 $ 1,664 $ 3,105 $ (1,321 ) $ 5,203 Cost of products sold — 1,380 1,269 2,265 (1,317 ) 3,597 Selling and administrative expense 2 375 191 339 — 907 Research and development expense — 65 51 40 — 156 Interest expense (income) - net — 54 5 (3 ) 3 59 Other expense (income) - net — 11 3 (17 ) — (3 ) Equity in loss (earnings) of subsidiaries, net of tax (534 ) (266 ) (888 ) (66 ) 1,754 — Intercompany expense (income) - net 86 (54 ) 258 (290 ) — — Income (loss) before income taxes 446 190 775 837 (1,761 ) 487 Income tax expense (benefit) — 17 (15 ) 38 2 42 Net income (loss) 446 173 790 799 (1,763 ) 445 Less net loss (income) for noncontrolling interests — — — 1 — 1 Net income (loss) attributable to Eaton ordinary shareholders $ 446 $ 173 $ 790 $ 800 $ (1,763 ) $ 446 Other comprehensive income (loss) $ (312 ) $ (28 ) $ (305 ) $ (415 ) $ 748 $ (312 ) Total comprehensive income (loss) attributable to Eaton ordinary shareholders $ 134 $ 145 $ 485 $ 385 $ (1,015 ) $ 134 CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2014 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 1,814 $ 1,738 $ 3,416 $ (1,240 ) $ 5,728 Cost of products sold — 1,402 1,266 2,489 (1,241 ) 3,916 Selling and administrative expense 2 354 209 396 — 961 Research and development expense — 63 49 51 — 163 Interest expense (income) - net — 58 7 (8 ) (1 ) 56 Other expense (income) - net — 3 11 (24 ) — (10 ) Equity in loss (earnings) of subsidiaries, net of tax (670 ) (251 ) (820 ) (232 ) 1,973 — Intercompany expense (income) - net 66 (59 ) 293 (300 ) — — Income (loss) before income taxes 602 244 723 1,044 (1,971 ) 642 Income tax expense (benefit) — 12 — 25 — 37 Net income (loss) 602 232 723 1,019 (1,971 ) 605 Less net loss (income) for noncontrolling interests — — — (3 ) — (3 ) Net income (loss) attributable to Eaton ordinary shareholders $ 602 $ 232 $ 723 $ 1,016 $ (1,971 ) $ 602 Other comprehensive income (loss) $ (567 ) $ 8 $ (560 ) $ (696 ) $ 1,248 $ (567 ) Total comprehensive income (loss) attributable to Eaton ordinary shareholders $ 35 $ 240 $ 163 $ 320 $ (723 ) $ 35 CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2015 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 5,263 $ 5,065 $ 9,469 $ (3,999 ) $ 15,798 Cost of products sold — 4,123 3,837 6,864 (3,959 ) 10,865 Selling and administrative expense 6 1,120 539 1,058 — 2,723 Research and development expense — 202 145 125 — 472 Interest expense (income) - net — 166 16 (10 ) 3 175 Other expense (income) - net — 17 (5 ) (39 ) — (27 ) Equity in loss (earnings) of subsidiaries, net of tax (1,698 ) (536 ) (2,405 ) (323 ) 4,962 — Intercompany expense (income) - net 245 (362 ) 1,010 (893 ) — — Income (loss) before income taxes 1,447 533 1,928 2,687 (5,005 ) 1,590 Income tax expense (benefit) — 36 (32 ) 154 (15 ) 143 Net income (loss) 1,447 497 1,960 2,533 (4,990 ) 1,447 Less net loss (income) for noncontrolling interests — — — (1 ) 1 — Net income (loss) attributable to Eaton ordinary shareholders $ 1,447 $ 497 $ 1,960 $ 2,532 $ (4,989 ) $ 1,447 Other comprehensive income (loss) $ (716 ) $ 35 $ (691 ) $ (879 ) $ 1,535 $ (716 ) Total comprehensive income (loss) attributable to Eaton ordinary shareholders $ 731 $ 532 $ 1,269 $ 1,653 $ (3,454 ) $ 731 CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2014 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 5,231 $ 5,158 $ 10,061 $ (3,463 ) $ 16,987 Cost of products sold — 4,122 3,772 7,354 (3,449 ) 11,799 Selling and administrative expense 2 1,085 602 1,218 — 2,907 Litigation settlements — 644 — — — 644 Research and development expense — 185 151 157 — 493 Interest expense (income) - net — 172 20 (22 ) 3 173 Other expense (income) - net — (42 ) (81 ) (58 ) — (181 ) Equity in loss (earnings) of subsidiaries, net of tax (1,370 ) (433 ) (1,567 ) 32 3,338 — Intercompany expense (income) - net 156 (176 ) 571 (551 ) — — Income (loss) before income taxes 1,212 (326 ) 1,690 1,931 (3,355 ) 1,152 Income tax expense (benefit) — (257 ) 71 126 (6 ) (66 ) Net income (loss) 1,212 (69 ) 1,619 1,805 (3,349 ) 1,218 Less net loss (income) for noncontrolling interests — — — (6 ) — (6 ) Net income (loss) attributable to Eaton ordinary shareholders $ 1,212 $ (69 ) $ 1,619 $ 1,799 $ (3,349 ) $ 1,212 Other comprehensive income (loss) $ (481 ) $ 75 $ (447 ) $ (626 ) $ 998 $ (481 ) Total comprehensive income (loss) attributable to Eaton $ 731 $ 6 $ 1,172 $ 1,173 $ (2,351 ) $ 731 CONDENSED CONSOLIDATING BALANCE SHEETS SEPTEMBER 30, 2015 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Assets Current assets Cash $ — $ 145 $ 12 $ 261 $ — $ 418 Short-term investments — — 1 149 — 150 Accounts receivable - net — 514 1,071 2,071 — 3,656 Intercompany accounts receivable 1 771 3,880 2,991 (7,643 ) — Inventory — 358 687 1,441 (91 ) 2,395 Deferred income taxes — 379 112 59 — 550 Prepaid expenses and other current assets — 105 52 229 24 410 Total current assets 1 2,272 5,815 7,201 (7,710 ) 7,579 Property, plant and equipment - net — 937 748 1,905 — 3,590 Other noncurrent assets Goodwill — 1,355 6,256 5,929 — 13,540 Other intangible assets — 185 3,671 2,283 — 6,139 Deferred income taxes — 831 6 199 (790 ) 246 Investment in subsidiaries 29,102 12,705 59,435 9,841 (111,083 ) — Intercompany loans receivable — 7,697 1,552 43,377 (52,626 ) — Other assets — 582 128 397 — 1,107 Total assets $ 29,103 $ 26,564 $ 77,611 $ 71,132 $ (172,209 ) $ 32,201 Liabilities and shareholders’ equity Current liabilities Short-term debt $ — $ — $ — $ 1 $ — $ 1 Current portion of long-term debt — 600 241 — — 841 Accounts payable — 510 353 1,134 — 1,997 Intercompany accounts payable 111 4,022 2,444 1,066 (7,643 ) — Accrued compensation — 69 54 250 — 373 Other current liabilities 1 675 288 931 (7 ) 1,888 Total current liabilities 112 5,876 3,380 3,382 (7,650 ) 5,100 Noncurrent liabilities Long-term debt — 7,130 679 18 3 7,830 Pension liabilities — 591 143 805 — 1,539 Other postretirement benefits liabilities — 278 136 88 — 502 Deferred income taxes — 14 1,033 563 (790 ) 820 Intercompany loans payable 13,625 1,951 36,063 987 (52,626 ) — Other noncurrent liabilities — 414 170 413 — 997 Total noncurrent liabilities 13,625 10,378 38,224 2,874 (53,413 ) 11,688 Shareholders’ equity Eaton shareholders' equity 15,366 10,310 36,007 64,836 (111,153 ) 15,366 Noncontrolling interests — — — 40 7 47 Total equity 15,366 10,310 36,007 64,876 (111,146 ) 15,413 Total liabilities and equity $ 29,103 $ 26,564 $ 77,611 $ 71,132 $ (172,209 ) $ 32,201 CONDENSED CONSOLIDATING BALANCE SHEETS DECEMBER 31, 2014 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Assets Current assets Cash $ 1 $ 173 $ 13 $ 594 $ — $ 781 Short-term investments — — 1 244 — 245 Accounts receivable - net — 500 955 2,212 — 3,667 Intercompany accounts receivable 2 759 3,820 4,101 (8,682 ) — Inventory — 397 637 1,445 (51 ) 2,428 Deferred income taxes — 368 132 93 — 593 Prepaid expenses and other current assets — 96 39 247 4 386 Total current assets 3 2,293 5,597 8,936 (8,729 ) 8,100 Property, plant and equipment - net — 972 756 2,022 — 3,750 Other noncurrent assets Goodwill — 1,355 6,256 6,282 — 13,893 Other intangible assets — 196 3,811 2,549 — 6,556 Deferred income taxes — 889 10 137 (808 ) 228 Investment in subsidiaries 26,612 12,198 58,680 9,145 (106,635 ) — Intercompany loans receivable — 7,542 2,249 40,635 (50,426 ) — Other assets — 473 141 388 — 1,002 Total assets $ 26,615 $ 25,918 $ 77,500 $ 70,094 $ (166,598 ) $ 33,529 Liabilities and shareholders’ equity Current liabilities Short-term debt $ — $ — $ — $ 2 $ — $ 2 Current portion of long-term debt — 702 304 2 — 1,008 Accounts payable — 475 340 1,125 — 1,940 Intercompany accounts payable 117 4,087 3,441 1,037 (8,682 ) — Accrued compensation — 112 59 249 — 420 Other current liabilities 1 674 340 984 (14 ) 1,985 Total current liabilities 118 6,050 4,484 3,399 (8,696 ) 5,355 Noncurrent liabilities Long-term debt — 7,079 932 13 — 8,024 Pension liabilities — 726 183 903 — 1,812 Other postretirement benefits liabilities — 283 136 94 — 513 Deferred income taxes — — 1,160 549 (808 ) 901 Intercompany loans payable 10,711 2,723 36,162 830 (50,426 ) — Other noncurrent liabilities — 457 183 445 — 1,085 Total noncurrent liabilities 10,711 11,268 38,756 2,834 (51,234 ) 12,335 Shareholders’ equity Eaton shareholders' equity 15,786 8,600 34,260 63,816 (106,676 ) 15,786 Noncontrolling interests — — — 45 8 53 Total equity 15,786 8,600 34,260 63,861 (106,668 ) 15,839 Total liabilities and equity $ 26,615 $ 25,918 $ 77,500 $ 70,094 $ (166,598 ) $ 33,529 CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2015 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net cash provided by (used in) operating activities $ (85 ) $ (93 ) $ (23 ) $ 1,830 $ — $ 1,629 Investing activities Cash paid for acquisitions of — — — (38 ) — (38 ) Capital expenditures for property, plant and equipment — (68 ) (100 ) (200 ) — (368 ) Sales (purchases) of short-term investments - net — — — 76 — 76 Investments in affiliates (1,482 ) — (1,176 ) (1,482 ) 4,140 — Loans to affiliates — (307 ) (39 ) (7,638 ) 7,984 — Repayments of loans from affiliates — 306 58 5,514 (5,878 ) — Proceeds from sale of business — — — 1 — 1 Other - net — (41 ) 33 (36 ) — (44 ) Net cash provided by (used in) investing activities (1,482 ) (110 ) (1,224 ) (3,803 ) 6,246 (373 ) Financing activities Proceeds from borrowings — — — 1 — 1 Payments on borrowings — (102 ) (301 ) (2 ) — (405 ) Proceeds from borrowings from affiliates 2,783 4,577 581 43 (7,984 ) — Payments on borrowings from affiliates (40 ) (4,617 ) (1,160 ) (61 ) 5,878 — Capital contributions from affiliates — 1,176 1,482 1,482 (4,140 ) — Other intercompany financing activities — (859 ) 644 215 — — Cash dividends paid (771 ) — — — — (771 ) Exercise of employee stock options 48 — — — — 48 Repurchase of shares (454 ) — — — — (454 ) Other - net — — — (8 ) — (8 ) Net cash provided by (used in) financing activities 1,566 175 1,246 1,670 (6,246 ) (1,589 ) Effect of currency on cash — — — (30 ) — (30 ) Total increase (decrease) in cash (1 ) (28 ) (1 ) (333 ) — (363 ) Cash at the beginning of the period 1 173 13 594 — 781 Cash at the end of the period $ — $ 145 $ 12 $ 261 $ — $ 418 CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2014 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net cash provided by (used in) operating activities $ (4 ) $ (699 ) $ 172 $ 1,433 $ 32 $ 934 Investing activities Capital expenditures for property, plant and equipment — (78 ) (94 ) (206 ) — (378 ) Sales (purchases) of short-term — — 132 313 — 445 Loans to affiliates — (151 ) — (6,347 ) 6,498 — Repayments of loans from affiliates — 176 213 5,133 (5,522 ) — Proceeds from sale of businesses — 93 175 14 — 282 Other - net — (40 ) 46 (62 ) — (56 ) Net cash provided by (used in) investing activities — — 472 (1,155 ) 976 293 Financing activities Payments on borrowings — (552 ) (1 ) (27 ) — (580 ) Proceeds from borrowings from affiliates 726 5,510 254 8 (6,498 ) — Payments on borrowings from affiliates (25 ) (4,794 ) (320 ) (383 ) 5,522 — Other intercompany financing activities 218 574 (554 ) (238 ) — — Cash dividends paid (700 ) — — — — (700 ) Cash dividends paid to affiliates — — — 32 (32 ) — Exercise of employee stock options 50 — — — — 50 Repurchase of shares (267 ) — — — — (267 ) Excess tax benefit from equity-based compensation — 20 — — — 20 Other - net — — — (3 ) — (3 ) Net cash provided by (used in) financing activities 2 758 (621 ) (611 ) (1,008 ) (1,480 ) Effect of currency on cash — — — (7 ) — (7 ) Total increase (decrease) in cash (2 ) 59 23 (340 ) — (260 ) Cash at the beginning of the period 3 51 10 851 — 915 Cash at the end of the period $ 1 $ 110 $ 33 $ 511 $ — $ 655

Basis of Presentation Basis of

Basis of Presentation Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business Description and Basis of Presentation [Text Block]	The accompanying unaudited condensed consolidated financial statements of Eaton Corporation plc (Eaton or the Company) have been prepared in accordance with generally accepted accounting principles for interim financial information, the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by United States generally accepted accounting principles (US GAAP) for complete financial statements. However, in the opinion of management, all adjustments (consisting of normal recurring accruals) have been made that are necessary for a fair presentation of the condensed consolidated financial statements for the interim periods. This Form 10-Q should be read in conjunction with the consolidated financial statements and related notes included in Eaton’s 2014 Form 10-K. The interim period results are not necessarily indicative of the results to be expected for the full year. Management has evaluated subsequent events through the date this Form 10-Q was filed with the Securities and Exchange Commission.
Reclassifications [Policy Text Block]	Certain prior year amounts have been reclassified to conform to the current year presentation.
Recently Issued Accounting Pronouncements [Policy Text Block]	Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (ASU 2014-09). This accounting standard supersedes all existing US GAAP revenue recognition guidance. Under ASU 2014-09, a company will recognize revenue when it transfers the control of promised goods or services to customers in an amount that reflects the consideration which the company expects to collect in exchange for those goods or services. ASU 2014-09 will require additional disclosures in the notes to the consolidated financial statements and is effective for annual and interim reporting periods beginning after December 15, 2016. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers: Deferral of the Effective Date (ASU 2015-14). This accounting standard defers the effective date of ASU 2014-09 for one year and permit early adoption as of the original effective date. Eaton is evaluating the impact of ASU 2014-09 and an estimate of the impact to the consolidated financial statements cannot be made at this time.

Acquisition Integration Charg21

Acquisition Integration Charges (Tables)	9 Months Ended
	Sep. 30, 2015
Acquisitions Integration Charges [Abstract]
Acquisition integration charges	A summary of these charges follows: Three months ended Nine months ended 2015 2014 2015 2014 Business segment Electrical Products $ 5 $ 8 $ 17 $ 49 Electrical Systems and Services 3 4 10 43 Hydraulics — 2 2 11 Total business segments 8 14 29 103 Corporate 2 5 4 19 Total acquisition integration charges before income taxes $ 10 $ 19 $ 33 $ 122 Total after income taxes $ 7 $ 14 $ 22 $ 81 Per ordinary share - diluted $ 0.01 $ 0.03 $ 0.05 $ 0.17

Restructuring Charges Summary o

Restructuring Charges Summary of restructuring charges (Tables)	9 Months Ended
	Sep. 30, 2015
Summary of restructuring charges [Abstract]
Restructuring Charges by Segment [Table Text Block]	A summary of restructuring charges by segment follows: Three months ended September 30, 2015 Electrical Products 11 Electrical Systems & Services 26 Hydraulics 25 Aerospace 5 Vehicle 29 Corporate 17 Total 113
Restructuring Liability Rollforward [Table Text Block]	A summary of liabilities related to workforce reductions, plant closings and other associated costs follows: Workforce reductions Plant closing and other Total Balance at December 31, 2014 — — — Liability recognized 99 14 113 Payments (29 ) (1 ) (30 ) Other adjustments — (12 ) (12 ) Balance at September 30, 2015 70 1 71

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	A summary of goodwill follows: Electrical Products Electrical Systems and Services Hydraulics Aerospace Vehicle Total December 31, 2014 $ 6,940 $ 4,314 $ 1,327 $ 962 $ 350 $ 13,893 Additions — 21 — — — 21 Reclassifications (106 ) 106 — — — — Translation (170 ) (129 ) (65 ) (3 ) (7 ) (374 ) September 30, 2015 $ 6,664 $ 4,312 $ 1,262 $ 959 $ 343 $ 13,540

Retirement Benefits Plans (Tabl

Retirement Benefits Plans (Tables)	9 Months Ended
	Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Retirement benefits plans expense	The components of retirement benefits expense follow: United States pension benefit expense Non-United States pension benefit expense Other postretirement benefits expense Three months ended September 30 2015 2014 2015 2014 2015 2014 Service cost $ 31 $ 30 $ 18 $ 17 $ 2 $ 4 Interest cost 39 41 18 21 6 9 Expected return on plan assets (65 ) (61 ) (25 ) (25 ) (2 ) (1 ) Amortization 29 23 10 7 — 1 34 33 21 20 6 13 Settlements 25 14 — — — — Total expense $ 59 $ 47 $ 21 $ 20 $ 6 $ 13 United States Non-United States Other postretirement Nine months ended September 30 2015 2014 2015 2014 2015 2014 Service cost $ 92 $ 88 $ 55 $ 50 $ 5 $ 13 Interest cost 117 122 54 65 18 28 Expected return on plan assets (196 ) (184 ) (75 ) (75 ) (4 ) (4 ) Amortization 89 69 30 21 1 5 102 95 64 61 20 42 Settlements 58 62 — — — — Total expense $ 160 $ 157 $ 64 $ 61 $ 20 $ 42

Equity (Tables)

Equity (Tables)	9 Months Ended
	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
Changes in Shareholders' equity	The changes in Shareholders’ equity follow: Eaton shareholders’ equity Noncontrolling interests Total equity Balance at December 31, 2014 $ 15,786 $ 53 $ 15,839 Net income 1,447 — 1,447 Other comprehensive loss (716 ) — (716 ) Cash dividends paid (771 ) (6 ) (777 ) Issuance of shares under equity-based compensation plans - net 77 — 77 Repurchase of shares (454 ) — (454 ) Change in Capital (3 ) — (3 ) Balance at September 30, 2015 $ 15,366 $ 47 $ 15,413
Schedule of Accumulated Other Comprehensive Loss [Table Text Block]	The changes in Accumulated other comprehensive loss follow: Currency translation and related hedging instruments Pensions and other postretirement benefits Cash flow hedges Total Balance at December 31, 2014 $ (1,414 ) $ (1,485 ) $ — $ (2,899 ) Other comprehensive (loss) income before reclassifications (883 ) 48 10 (825 ) Amounts reclassified from Accumulated other comprehensive loss — 116 (7 ) 109 Net current-period Other comprehensive (loss) income (883 ) 164 3 (716 ) Balance at September 30, 2015 $ (2,297 ) $ (1,321 ) $ 3 $ (3,615 )
Reclassification out of accumulated other comprehensive loss [Table Text Block]	The reclassifications out of Accumulated other comprehensive loss follow: Nine months ended September 30, 2015 Consolidated statements of income classification Amortization of pensions and other postretirement benefits items Actuarial loss and prior service cost $ (178 ) 1 Tax benefit 62 Total, net of tax (116 ) Gains and (losses) on cash flow hedges Currency exchange contracts 11 Cost of products sold Tax expense (4 ) Total, net of tax 7 Total reclassifications for the period $ (109 ) 1 These components of Accumulated other comprehensive loss are included in the computation of net periodic benefit cost. See Note 6 for additional information about pension and other post retirement benefits items.
Calculation of net income per ordinary share attributable to shareholders	A summary of the calculation of net income per ordinary share attributable to shareholders follows: Three months ended Nine months ended (Shares in millions) 2015 2014 2015 2014 Net income attributable to Eaton ordinary shareholders $ 446 $ 602 $ 1,447 $ 1,212 Weighted-average number of ordinary shares outstanding - diluted 466.4 477.2 468.5 478.2 Less dilutive effect of equity-based compensation 1.3 2.4 1.7 2.7 Weighted-average number of ordinary shares outstanding - basic 465.1 474.8 466.8 475.5 Net income per ordinary share Diluted $ 0.96 $ 1.26 $ 3.09 $ 2.53 Basic 0.96 1.27 3.10 2.55

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Summary of financial instruments recognized at fair value and fair value measurement used	A summary of financial instruments recognized at fair value, and the fair value measurements used, follows: Total Level 1 Level 2 Level 3 September 30, 2015 Cash $ 418 $ 418 $ — $ — Short-term investments 150 150 — — Net derivative contracts 161 — 161 — Long-term debt converted to floating interest rates by interest rate swaps - net (136 ) — (136 ) — December 31, 2014 Cash $ 781 $ 781 $ — $ — Short-term investments 245 245 — — Net derivative contracts 70 — 70 — Long-term debt converted to floating interest rates by interest rate swaps - net (74 ) — (74 ) —

Derivative Financial Instrume27

Derivative Financial Instruments and Hedging Activities (Tables)	9 Months Ended
	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative financial instruments recognized in the Condensed Consolidated Balance Sheet	The fair value of derivative financial instruments recognized in the Condensed Consolidated Balance Sheets follows: Notional amount Other current assets Other noncurrent assets Other current liabilities Other noncurrent liabilities Type of hedge Term September 30, 2015 Derivatives designated as hedges Fixed-to-floating interest rate swaps $ 3,440 $ — $ 136 $ — $ — Fair value 18 months to 19 years Currency exchange contracts 749 16 1 6 5 Cash flow 1 to 36 months Commodity contracts 1 — — — — Cash flow 1 to 12 months Total $ 16 $ 137 $ 6 $ 5 Derivatives not designated as hedges Currency exchange contracts $ 3,465 $ 43 $ 24 1 to 12 months Total $ 43 $ 24 December 31, 2014 Derivatives designated as hedges Fixed-to-floating interest rate swaps $ 3,440 $ — $ 84 $ — $ 10 Fair value 2 to 19 years Currency exchange contracts 432 8 1 5 3 Cash flow 1 to 36 months Commodity contracts 1 — — — — Cash flow 1 to 12 months Total $ 8 $ 85 $ 5 $ 13 Derivatives not designated as hedges Currency exchange contracts $ 4,447 $ 47 $ 52 1 to 12 months Total $ 47 $ 52
Amounts Recognized in Accumulated Other Comprehensive Loss	: Gain (loss) recognized in other comprehensive (loss) income Location of gain reclassified from Accumulated other comprehensive loss Gain (loss) reclassified from Accumulated other comprehensive loss Three months ended Three months ended 2015 2014 2015 2014 Derivatives designated as cash flow hedges Currency exchange contracts 6 (3 ) Cost of products sold 5 1 Total $ 6 $ (3 ) $ 5 $ 1 Gain (loss) recognized in other comprehensive (loss) income Location of gain reclassified from Accumulated other comprehensive loss Gain (loss) reclassified from Accumulated other comprehensive loss Nine months ended Nine months ended 2015 2014 2015 2014 Derivatives designated as cash flow hedges Floating-to-fixed interest rate swaps $ — $ — Interest expense - net $ — $ (1 ) Currency exchange contracts 16 2 Cost of products sold 11 5 Total $ 16 $ 2 $ 11 $ 4
Amounts recognized in net income	Amounts recognized in net income follow: Three months ended Nine months ended 2015 2014 2015 2014 Derivatives designated as fair value hedges Fixed-to-floating interest rate swaps $ 65 $ (12 ) $ 62 $ 61 Related long-term debt converted to floating interest rates by interest rate swaps (65 ) 12 (62 ) (61 ) $ — $ — $ — $ —

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Sep. 30, 2015
Inventory Disclosure [Abstract]
Components of inventory	The components of inventory follow: September 30, December 31, Raw materials $ 1,140 $ 924 Work-in-process 242 422 Finished goods 1,136 1,201 Inventory at FIFO 2,518 2,547 Excess of FIFO over LIFO cost (123 ) (119 ) Total inventory $ 2,395 $ 2,428

Business Segment Information (T

Business Segment Information (Tables)	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Business Segment Information	Three months ended Nine months ended 2015 2014 2015 2014 Net sales Electrical Products $ 1,771 $ 1,875 $ 5,246 $ 5,433 Electrical Systems and Services 1,487 1,655 4,437 4,807 Hydraulics 599 733 1,907 2,302 Aerospace 449 454 1,367 1,404 Vehicle 897 1,011 2,841 3,041 Total net sales $ 5,203 $ 5,728 $ 15,798 $ 16,987 Segment operating profit Electrical Products $ 322 $ 330 $ 858 $ 880 Electrical Systems and Services 164 238 573 601 Hydraulics 44 84 184 286 Aerospace 79 72 233 203 Vehicle 136 176 490 482 Total segment operating profit 745 900 2,338 2,452 Corporate Litigation settlements — — — (644 ) Amortization of intangible assets (102 ) (107 ) (306 ) (326 ) Interest expense - net (59 ) (56 ) (175 ) (173 ) Pension and other postretirement benefits expense (38 ) (31 ) (99 ) (114 ) Other corporate expense - net (59 ) (64 ) (168 ) (43 ) Income before income taxes 487 642 1,590 1,152 Income tax expense (benefit) 42 37 143 (66 ) Net income 445 605 1,447 1,218 Less net loss (income) for noncontrolling interests 1 (3 ) — (6 ) Net income attributable to Eaton ordinary shareholders $ 446 $ 602 $ 1,447 $ 1,212

Condensed Consolidating Finan30

Condensed Consolidating Financial Information (Tables)	9 Months Ended
	Sep. 30, 2015
Condensed Financial Statements, Captions [Line Items]
Condensed Consolidating Financial Statements [Table Text Block]	CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2015 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 1,755 $ 1,664 $ 3,105 $ (1,321 ) $ 5,203 Cost of products sold — 1,380 1,269 2,265 (1,317 ) 3,597 Selling and administrative expense 2 375 191 339 — 907 Research and development expense — 65 51 40 — 156 Interest expense (income) - net — 54 5 (3 ) 3 59 Other expense (income) - net — 11 3 (17 ) — (3 ) Equity in loss (earnings) of subsidiaries, net of tax (534 ) (266 ) (888 ) (66 ) 1,754 — Intercompany expense (income) - net 86 (54 ) 258 (290 ) — — Income (loss) before income taxes 446 190 775 837 (1,761 ) 487 Income tax expense (benefit) — 17 (15 ) 38 2 42 Net income (loss) 446 173 790 799 (1,763 ) 445 Less net loss (income) for noncontrolling interests — — — 1 — 1 Net income (loss) attributable to Eaton ordinary shareholders $ 446 $ 173 $ 790 $ 800 $ (1,763 ) $ 446 Other comprehensive income (loss) $ (312 ) $ (28 ) $ (305 ) $ (415 ) $ 748 $ (312 ) Total comprehensive income (loss) attributable to Eaton ordinary shareholders $ 134 $ 145 $ 485 $ 385 $ (1,015 ) $ 134 CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2014 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 1,814 $ 1,738 $ 3,416 $ (1,240 ) $ 5,728 Cost of products sold — 1,402 1,266 2,489 (1,241 ) 3,916 Selling and administrative expense 2 354 209 396 — 961 Research and development expense — 63 49 51 — 163 Interest expense (income) - net — 58 7 (8 ) (1 ) 56 Other expense (income) - net — 3 11 (24 ) — (10 ) Equity in loss (earnings) of subsidiaries, net of tax (670 ) (251 ) (820 ) (232 ) 1,973 — Intercompany expense (income) - net 66 (59 ) 293 (300 ) — — Income (loss) before income taxes 602 244 723 1,044 (1,971 ) 642 Income tax expense (benefit) — 12 — 25 — 37 Net income (loss) 602 232 723 1,019 (1,971 ) 605 Less net loss (income) for noncontrolling interests — — — (3 ) — (3 ) Net income (loss) attributable to Eaton ordinary shareholders $ 602 $ 232 $ 723 $ 1,016 $ (1,971 ) $ 602 Other comprehensive income (loss) $ (567 ) $ 8 $ (560 ) $ (696 ) $ 1,248 $ (567 ) Total comprehensive income (loss) attributable to Eaton ordinary shareholders $ 35 $ 240 $ 163 $ 320 $ (723 ) $ 35 CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2015 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 5,263 $ 5,065 $ 9,469 $ (3,999 ) $ 15,798 Cost of products sold — 4,123 3,837 6,864 (3,959 ) 10,865 Selling and administrative expense 6 1,120 539 1,058 — 2,723 Research and development expense — 202 145 125 — 472 Interest expense (income) - net — 166 16 (10 ) 3 175 Other expense (income) - net — 17 (5 ) (39 ) — (27 ) Equity in loss (earnings) of subsidiaries, net of tax (1,698 ) (536 ) (2,405 ) (323 ) 4,962 — Intercompany expense (income) - net 245 (362 ) 1,010 (893 ) — — Income (loss) before income taxes 1,447 533 1,928 2,687 (5,005 ) 1,590 Income tax expense (benefit) — 36 (32 ) 154 (15 ) 143 Net income (loss) 1,447 497 1,960 2,533 (4,990 ) 1,447 Less net loss (income) for noncontrolling interests — — — (1 ) 1 — Net income (loss) attributable to Eaton ordinary shareholders $ 1,447 $ 497 $ 1,960 $ 2,532 $ (4,989 ) $ 1,447 Other comprehensive income (loss) $ (716 ) $ 35 $ (691 ) $ (879 ) $ 1,535 $ (716 ) Total comprehensive income (loss) attributable to Eaton ordinary shareholders $ 731 $ 532 $ 1,269 $ 1,653 $ (3,454 ) $ 731 CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2014 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 5,231 $ 5,158 $ 10,061 $ (3,463 ) $ 16,987 Cost of products sold — 4,122 3,772 7,354 (3,449 ) 11,799 Selling and administrative expense 2 1,085 602 1,218 — 2,907 Litigation settlements — 644 — — — 644 Research and development expense — 185 151 157 — 493 Interest expense (income) - net — 172 20 (22 ) 3 173 Other expense (income) - net — (42 ) (81 ) (58 ) — (181 ) Equity in loss (earnings) of subsidiaries, net of tax (1,370 ) (433 ) (1,567 ) 32 3,338 — Intercompany expense (income) - net 156 (176 ) 571 (551 ) — — Income (loss) before income taxes 1,212 (326 ) 1,690 1,931 (3,355 ) 1,152 Income tax expense (benefit) — (257 ) 71 126 (6 ) (66 ) Net income (loss) 1,212 (69 ) 1,619 1,805 (3,349 ) 1,218 Less net loss (income) for noncontrolling interests — — — (6 ) — (6 ) Net income (loss) attributable to Eaton ordinary shareholders $ 1,212 $ (69 ) $ 1,619 $ 1,799 $ (3,349 ) $ 1,212 Other comprehensive income (loss) $ (481 ) $ 75 $ (447 ) $ (626 ) $ 998 $ (481 ) Total comprehensive income (loss) attributable to Eaton $ 731 $ 6 $ 1,172 $ 1,173 $ (2,351 ) $ 731 CONDENSED CONSOLIDATING BALANCE SHEETS SEPTEMBER 30, 2015 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Assets Current assets Cash $ — $ 145 $ 12 $ 261 $ — $ 418 Short-term investments — — 1 149 — 150 Accounts receivable - net — 514 1,071 2,071 — 3,656 Intercompany accounts receivable 1 771 3,880 2,991 (7,643 ) — Inventory — 358 687 1,441 (91 ) 2,395 Deferred income taxes — 379 112 59 — 550 Prepaid expenses and other current assets — 105 52 229 24 410 Total current assets 1 2,272 5,815 7,201 (7,710 ) 7,579 Property, plant and equipment - net — 937 748 1,905 — 3,590 Other noncurrent assets Goodwill — 1,355 6,256 5,929 — 13,540 Other intangible assets — 185 3,671 2,283 — 6,139 Deferred income taxes — 831 6 199 (790 ) 246 Investment in subsidiaries 29,102 12,705 59,435 9,841 (111,083 ) — Intercompany loans receivable — 7,697 1,552 43,377 (52,626 ) — Other assets — 582 128 397 — 1,107 Total assets $ 29,103 $ 26,564 $ 77,611 $ 71,132 $ (172,209 ) $ 32,201 Liabilities and shareholders’ equity Current liabilities Short-term debt $ — $ — $ — $ 1 $ — $ 1 Current portion of long-term debt — 600 241 — — 841 Accounts payable — 510 353 1,134 — 1,997 Intercompany accounts payable 111 4,022 2,444 1,066 (7,643 ) — Accrued compensation — 69 54 250 — 373 Other current liabilities 1 675 288 931 (7 ) 1,888 Total current liabilities 112 5,876 3,380 3,382 (7,650 ) 5,100 Noncurrent liabilities Long-term debt — 7,130 679 18 3 7,830 Pension liabilities — 591 143 805 — 1,539 Other postretirement benefits liabilities — 278 136 88 — 502 Deferred income taxes — 14 1,033 563 (790 ) 820 Intercompany loans payable 13,625 1,951 36,063 987 (52,626 ) — Other noncurrent liabilities — 414 170 413 — 997 Total noncurrent liabilities 13,625 10,378 38,224 2,874 (53,413 ) 11,688 Shareholders’ equity Eaton shareholders' equity 15,366 10,310 36,007 64,836 (111,153 ) 15,366 Noncontrolling interests — — — 40 7 47 Total equity 15,366 10,310 36,007 64,876 (111,146 ) 15,413 Total liabilities and equity $ 29,103 $ 26,564 $ 77,611 $ 71,132 $ (172,209 ) $ 32,201 CONDENSED CONSOLIDATING BALANCE SHEETS DECEMBER 31, 2014 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Assets Current assets Cash $ 1 $ 173 $ 13 $ 594 $ — $ 781 Short-term investments — — 1 244 — 245 Accounts receivable - net — 500 955 2,212 — 3,667 Intercompany accounts receivable 2 759 3,820 4,101 (8,682 ) — Inventory — 397 637 1,445 (51 ) 2,428 Deferred income taxes — 368 132 93 — 593 Prepaid expenses and other current assets — 96 39 247 4 386 Total current assets 3 2,293 5,597 8,936 (8,729 ) 8,100 Property, plant and equipment - net — 972 756 2,022 — 3,750 Other noncurrent assets Goodwill — 1,355 6,256 6,282 — 13,893 Other intangible assets — 196 3,811 2,549 — 6,556 Deferred income taxes — 889 10 137 (808 ) 228 Investment in subsidiaries 26,612 12,198 58,680 9,145 (106,635 ) — Intercompany loans receivable — 7,542 2,249 40,635 (50,426 ) — Other assets — 473 141 388 — 1,002 Total assets $ 26,615 $ 25,918 $ 77,500 $ 70,094 $ (166,598 ) $ 33,529 Liabilities and shareholders’ equity Current liabilities Short-term debt $ — $ — $ — $ 2 $ — $ 2 Current portion of long-term debt — 702 304 2 — 1,008 Accounts payable — 475 340 1,125 — 1,940 Intercompany accounts payable 117 4,087 3,441 1,037 (8,682 ) — Accrued compensation — 112 59 249 — 420 Other current liabilities 1 674 340 984 (14 ) 1,985 Total current liabilities 118 6,050 4,484 3,399 (8,696 ) 5,355 Noncurrent liabilities Long-term debt — 7,079 932 13 — 8,024 Pension liabilities — 726 183 903 — 1,812 Other postretirement benefits liabilities — 283 136 94 — 513 Deferred income taxes — — 1,160 549 (808 ) 901 Intercompany loans payable 10,711 2,723 36,162 830 (50,426 ) — Other noncurrent liabilities — 457 183 445 — 1,085 Total noncurrent liabilities 10,711 11,268 38,756 2,834 (51,234 ) 12,335 Shareholders’ equity Eaton shareholders' equity 15,786 8,600 34,260 63,816 (106,676 ) 15,786 Noncontrolling interests — — — 45 8 53 Total equity 15,786 8,600 34,260 63,861 (106,668 ) 15,839 Total liabilities and equity $ 26,615 $ 25,918 $ 77,500 $ 70,094 $ (166,598 ) $ 33,529 CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2015 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net cash provided by (used in) operating activities $ (85 ) $ (93 ) $ (23 ) $ 1,830 $ — $ 1,629 Investing activities Cash paid for acquisitions of — — — (38 ) — (38 ) Capital expenditures for property, plant and equipment — (68 ) (100 ) (200 ) — (368 ) Sales (purchases) of short-term investments - net — — — 76 — 76 Investments in affiliates (1,482 ) — (1,176 ) (1,482 ) 4,140 — Loans to affiliates — (307 ) (39 ) (7,638 ) 7,984 — Repayments of loans from affiliates — 306 58 5,514 (5,878 ) — Proceeds from sale of business — — — 1 — 1 Other - net — (41 ) 33 (36 ) — (44 ) Net cash provided by (used in) investing activities (1,482 ) (110 ) (1,224 ) (3,803 ) 6,246 (373 ) Financing activities Proceeds from borrowings — — — 1 — 1 Payments on borrowings — (102 ) (301 ) (2 ) — (405 ) Proceeds from borrowings from affiliates 2,783 4,577 581 43 (7,984 ) — Payments on borrowings from affiliates (40 ) (4,617 ) (1,160 ) (61 ) 5,878 — Capital contributions from affiliates — 1,176 1,482 1,482 (4,140 ) — Other intercompany financing activities — (859 ) 644 215 — — Cash dividends paid (771 ) — — — — (771 ) Exercise of employee stock options 48 — — — — 48 Repurchase of shares (454 ) — — — — (454 ) Other - net — — — (8 ) — (8 ) Net cash provided by (used in) financing activities 1,566 175 1,246 1,670 (6,246 ) (1,589 ) Effect of currency on cash — — — (30 ) — (30 ) Total increase (decrease) in cash (1 ) (28 ) (1 ) (333 ) — (363 ) Cash at the beginning of the period 1 173 13 594 — 781 Cash at the end of the period $ — $ 145 $ 12 $ 261 $ — $ 418 CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2014 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net cash provided by (used in) operating activities $ (4 ) $ (699 ) $ 172 $ 1,433 $ 32 $ 934 Investing activities Capital expenditures for property, plant and equipment — (78 ) (94 ) (206 ) — (378 ) Sales (purchases) of short-term — — 132 313 — 445 Loans to affiliates — (151 ) — (6,347 ) 6,498 — Repayments of loans from affiliates — 176 213 5,133 (5,522 ) — Proceeds from sale of businesses — 93 175 14 — 282 Other - net — (40 ) 46 (62 ) — (56 ) Net cash provided by (used in) investing activities — — 472 (1,155 ) 976 293 Financing activities Payments on borrowings — (552 ) (1 ) (27 ) — (580 ) Proceeds from borrowings from affiliates 726 5,510 254 8 (6,498 ) — Payments on borrowings from affiliates (25 ) (4,794 ) (320 ) (383 ) 5,522 — Other intercompany financing activities 218 574 (554 ) (238 ) — — Cash dividends paid (700 ) — — — — (700 ) Cash dividends paid to affiliates — — — 32 (32 ) — Exercise of employee stock options 50 — — — — 50 Repurchase of shares (267 ) — — — — (267 ) Excess tax benefit from equity-based compensation — 20 — — — 20 Other - net — — — (3 ) — (3 ) Net cash provided by (used in) financing activities 2 758 (621 ) (611 ) (1,008 ) (1,480 ) Effect of currency on cash — — — (7 ) — (7 ) Total increase (decrease) in cash (2 ) 59 23 (340 ) — (260 ) Cash at the beginning of the period 3 51 10 851 — 915 Cash at the end of the period $ 1 $ 110 $ 33 $ 511 $ — $ 655

Acquisition and Sale of Busin31

Acquisition and Sale of Businesses Acquisition of Businesses (Details) $ in Millions	12 Months Ended
	Sep. 30, 2015USD ($)
Electrical Products [Member] | Ephesus Lighting, Inc. [Member]
Business Acquisition [Line Items]
Business Acquisition, Revenue Reported by Acquired Entity for Last Annual Period	$ 22

Acquisition and Sale of Busin32

Acquisition and Sale of Businesses Sale of Business (Details) - Aerospace Power Distribution Management Solutions and Integrated Cockpit Solutions businesses [Member] - Aerospace [Member] $ in Millions	3 Months Ended
	Sep. 30, 2014USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Agreed sale price, Agreement to sell the Aerospace Power Distribution Management Solutions and Integrated Cockpit Solutions businesses to Safran	$ 270
Gain on sale of businesses, pre-tax	$ 154

Acquisition Integration Charg33

Acquisition Integration Charges (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Acquisition integration charges [Line Items]
Acquisition integration charges	$ 10	$ 19	$ 33	$ 122
Acquisition integration after tax charges	$ 7	$ 14	$ 22	$ 81
Acquisition integration charges per ordinary share	$ 0.01	$ 0.03	$ 0.05	$ 0.17
Electrical Products [Member]
Acquisition integration charges [Line Items]
Acquisition integration charges	$ 5	$ 8	$ 17	$ 49
Electrical Systems and Services [Member]
Acquisition integration charges [Line Items]
Acquisition integration charges	3	4	10	43
Hydraulics [Member]
Acquisition integration charges [Line Items]
Acquisition integration charges	0	2	2	11
Total business segments [Member]
Acquisition integration charges [Line Items]
Acquisition integration charges	8	14	29	103
Corporate [Member]
Acquisition integration charges [Line Items]
Acquisition integration charges	$ 2	$ 5	$ 4	$ 19

Restructuring Charges Narrative

Restructuring Charges Narrative (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2015	Dec. 31, 2016	Dec. 31, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 113	$ 113
Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges		$ 99
Scenario, Forecast [Member] | Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost			$ 30	$ 10

Restructuring Charges Restruc35

Restructuring Charges Restructuring Charges, Segments (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 113	$ 113
Electrical Products [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	11
Electrical Systems and Services [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	26
Hydraulics [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	25
Aerospace [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	5
Vehicle [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	29
Corporate, Non-Segment [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 17

Restructuring Charges Restruc36

Restructuring Charges Restructuring Roll Forward (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2015
Restructuring Reserve [Roll Forward]
Restructuring Reserve		$ 0
Restructuring Charges	$ 113	113
Payments for Restructuring		(30)
Restructuring Reserve, Translation and Other Adjustment		(12)
Restructuring Reserve	71	71
Employee Severance [Member]
Restructuring Reserve [Roll Forward]
Restructuring Reserve		0
Restructuring Charges		99
Payments for Restructuring		(29)
Restructuring Reserve, Translation and Other Adjustment		0
Restructuring Reserve	70	70
Other Restructuring [Member]
Restructuring Reserve [Roll Forward]
Restructuring Reserve		0
Restructuring Charges		14
Payments for Restructuring		(1)
Restructuring Reserve, Translation and Other Adjustment		(12)
Restructuring Reserve	$ 1	$ 1

Goodwill (Details)

Goodwill (Details) $ in Millions	9 Months Ended
	Sep. 30, 2015USD ($)
Goodwill [Roll Forward]
December 31, 2014	$ 13,893
Additions	21
Reclassifications	0
Translation	(374)
June 30, 2015	13,540
Electrical Products [Member]
Goodwill [Roll Forward]
December 31, 2014	6,940
Additions	0
Reclassifications	(106)
Translation	(170)
June 30, 2015	6,664
Electrical Systems and Services [Member]
Goodwill [Roll Forward]
December 31, 2014	4,314
Additions	21
Reclassifications	106
Translation	(129)
June 30, 2015	4,312
Hydraulics [Member]
Goodwill [Roll Forward]
December 31, 2014	1,327
Additions	0
Reclassifications	0
Translation	(65)
June 30, 2015	1,262
Aerospace [Member]
Goodwill [Roll Forward]
December 31, 2014	962
Additions	0
Reclassifications	0
Translation	(3)
June 30, 2015	959
Vehicle [Member]
Goodwill [Roll Forward]
December 31, 2014	350
Additions	0
Reclassifications	0
Translation	(7)
June 30, 2015	$ 343

Retirement Benefits Plans (Deta

Retirement Benefits Plans (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
United States pension benefit expense [Member]
Retirement benefits plans expense
Service cost	$ 31	$ 30	$ 92	$ 88
Interest cost	39	41	117	122
Expected return on plan assets	(65)	(61)	(196)	(184)
Amortization	29	23	89	69
Total	34	33	102	95
Settlement loss	25	14	58	62
Total expense	59	47	160	157
Non-United States pension benefit expense [Member]
Retirement benefits plans expense
Service cost	18	17	55	50
Interest cost	18	21	54	65
Expected return on plan assets	(25)	(25)	(75)	(75)
Amortization	10	7	30	21
Total	21	20	64	61
Settlement loss	0	0	0	0
Total expense	21	20	64	61
Other postretirement benefits expense [Member]
Retirement benefits plans expense
Service cost	2	4	5	13
Interest cost	6	9	18	28
Expected return on plan assets	(2)	(1)	(4)	(4)
Amortization	0	1	1	5
Total	6	13	20	42
Settlement loss	0	0	0	0
Total expense	$ 6	$ 13	$ 20	$ 42

Legal Contingencies (Details)

Legal Contingencies (Details) BRL in Millions, $ in Millions	Jul. 16, 2014USD ($)	Jul. 08, 2014USD ($)	Jun. 23, 2014USD ($)	Jun. 18, 2014USD ($)	Dec. 31, 2010USD ($)	Dec. 31, 2010BRL	Sep. 30, 2015USD ($)	Sep. 30, 2015BRL	Sep. 30, 2015BRL
Raysul [Member]
Loss Contingencies [Line Items]
Loss Contingency Accrual							$ 23		BRL 91
Loss Contingency Accrual, Provision					$ 15	BRL 60	$ 8	BRL 31
Meritor [Member]
Loss Contingencies [Line Items]
Loss Contingency, Loss in Period			$ 500
Litigation Settlement, Amount	$ 500
Triumph [Member]
Loss Contingencies [Line Items]
Loss Contingency, Loss in Period				$ 147.5
Litigation Settlement, Amount		$ 147.5

Income Taxes (Details)

Income Taxes (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014	Sep. 30, 2015USD ($)agreementcycle	Sep. 30, 2014USD ($)
Tax Notices
Effective tax rate	9.00%	6.00%		6.00%
Total pretax special items impacting adjusted effective tax rate				$ 494
Adjusted effective income tax rate, percent			6.00%
2011 Notice [Member]
Tax Notices
IRS Statutory Notice of Deficiency proposed assessment of additional federal taxes	$ 75		$ 75
Penalties associated with IRS Statutory Notice of Deficiency proposed assessment	52		52
2014 Notice [Member]
Tax Notices
IRS Statutory Notice of Deficiency proposed assessment of additional federal taxes	190		190
Penalties associated with IRS Statutory Notice of Deficiency proposed assessment	$ 72		$ 72
Internal Revenue Service (IRS) [Member]
Tax Notices
Number of advance pricing agreements | agreement			2
Number of audit cycles | cycle			2

Equity Changes in Shareholders'

Equity Changes in Shareholders's Equity (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Changes in Shareholders' equity
Balance at December 31, 2014			$ 15,839
Net income	$ 445	$ 605	1,447	$ 1,218
Other comprehensive loss	(312)	$ (567)	(716)	$ (481)
Cash dividends paid and accrued			(777)
Issuance of shares under equity-based compensation plans - net			77
Repurchase of shares			(454)
Shareholders' equity, change in capital			(3)
Balance at June 30, 2015	15,413		15,413
Parent [Member]
Changes in Shareholders' equity
Balance at December 31, 2014			15,786
Net income			1,447
Other comprehensive loss			(716)
Cash dividends paid and accrued			(771)
Issuance of shares under equity-based compensation plans - net			77
Repurchase of shares			(454)
Shareholders' equity, change in capital			(3)
Balance at June 30, 2015	15,366		15,366
Noncontrolling Interest [Member]
Changes in Shareholders' equity
Balance at December 31, 2014			53
Net income			0
Other comprehensive loss			0
Cash dividends paid and accrued			(6)
Issuance of shares under equity-based compensation plans - net			0
Repurchase of shares			0
Shareholders' equity, change in capital			0
Balance at June 30, 2015	$ 47		$ 47
2013 Program [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	40		40
Stock Repurchased During Period, Shares	4.8	3.4	7.2	4.8
Changes in Shareholders' equity
Repurchase of shares	$ (284)	$ (225)	$ (454)	$ (324)

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Amounts reclassified from Accumulated other comprehensive loss			$ 109
Net current-period Other comprehensive (loss) income	$ (312)	$ (567)	(716)	$ (481)
Currency translation and related hedging instruments [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at December 31, 2014			(1,414)
Other comprehensive (loss) income before reclassifications			(883)
Amounts reclassified from Accumulated other comprehensive loss			0
Net current-period Other comprehensive (loss) income			(883)
Balance at June 30, 2015	(2,297)		(2,297)
Pensions and other postretirement benefits [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at December 31, 2014			(1,485)
Other comprehensive (loss) income before reclassifications			48
Amounts reclassified from Accumulated other comprehensive loss			116
Net current-period Other comprehensive (loss) income			164
Balance at June 30, 2015	(1,321)		(1,321)
Cash flow hedges [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at December 31, 2014			0
Other comprehensive (loss) income before reclassifications			10
Amounts reclassified from Accumulated other comprehensive loss			(7)
Net current-period Other comprehensive (loss) income			3
Balance at June 30, 2015	3		3
Total AOCI Attributable to Parent [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at December 31, 2014			(2,899)
Other comprehensive (loss) income before reclassifications			(825)
Amounts reclassified from Accumulated other comprehensive loss			109
Net current-period Other comprehensive (loss) income			(716)
Balance at June 30, 2015	$ (3,615)		$ (3,615)

Reclassifications Out of Accumu

Reclassifications Out of Accumulated Other Comprehensive Loss (Details) $ in Millions	9 Months Ended
	Sep. 30, 2015USD ($)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Actuarial loss and prior service cost	$ (178)	[1]
Tax benefit	62
Total, net of tax	(116)
Tax expense	(4)
Total, net of tax	7
Total reclassifications for the period	(109)
Cost of products sold [Member] | Currency exchange contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Currency exchange contracts	$ 11
[1]	These components of Accumulated other comprehensive loss are included in the computation of net periodic benefit cost. See Note 6 for additional information about pension and other post retirement benefits items.

Calculation of Net Income per O

Calculation of Net Income per Ordinary Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Calculation of net income per ordinary share attributable to ordinary shareholders
Net income attributable to Eaton ordinary shareholders	$ 446	$ 602	$ 1,447	$ 1,212
Weighted-average number of ordinary shares outstanding - diluted (shares)	466.4	477.2	468.5	478.2
Less dilutive effect of equity-based compensation	1.3	2.4	1.7	2.7
Weighted-average number of ordinary shares outstanding - basic (shares)	465.1	474.8	466.8	475.5
Stock options excluded from calculation of diluted net income per ordinary share	1.8	0.5	1.3	0.3
Net income per ordinary share
Diluted (usd per share)	$ 0.96	$ 1.26	$ 3.09	$ 2.53
Basic (usd per share)	$ 0.96	$ 1.27	$ 3.10	$ 2.55

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Cash	$ 418	$ 781	$ 655	$ 915
Short-term investments	150	245
Net derivative contracts	161	70
Long-term debt converted to floating interest rates by interest rate swaps - net	(136)	(74)
Level 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Cash	418	781
Short-term investments	150	245
Net derivative contracts	0	0
Long-term debt converted to floating interest rates by interest rate swaps - net	0	0
Level 2 [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Cash	0	0
Short-term investments	0	0
Net derivative contracts	161	70
Long-term debt converted to floating interest rates by interest rate swaps - net	(136)	(74)
Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Cash	0	0
Short-term investments	0	0
Net derivative contracts	0	0
Long-term debt converted to floating interest rates by interest rate swaps - net	$ 0	$ 0

Fair Value Measurements Other F

Fair Value Measurements Other Fair Value Measurements (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Other Fair Value Measurements [Line Items]
Carrying value of long-term debt and current portion of long-term debt	$ 8,671	$ 9,032
Level 2 [Member]
Other Fair Value Measurements [Line Items]
Fair value of long-term debt and current portion of long-term debt	$ 8,900	$ 9,509

Derivative Financial Instrume47

Derivative Financial Instruments and Hedging Activities (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Derivatives not designated as hedges
Debt denominated in foreign currency designated as non-derivative net investment hedging instrument	$ 83	$ 84
Percentage of intercompany balance sheet exposure	100.00%
Other current assets [Member]
Derivatives designated as hedges
Derivative asset designated as hedging instrument	$ 16	8
Derivatives not designated as hedges
Derivative instruments not designated as hedging instruments, asset, at fair value	43	47
Other noncurrent assets [Member]
Derivatives designated as hedges
Derivative asset designated as hedging instrument	137	85
Other current liabilities [Member]
Derivatives designated as hedges
Derivative liability designated as hedging instrument	6	5
Derivatives not designated as hedges
Derivative instruments not designated as hedging instruments, liability, at fair value	24	52
Other noncurrent liabilities [Member]
Derivatives designated as hedges
Derivative liability designated as hedging instrument	5	13
Currency exchange contracts [Member] | Other current assets [Member]
Derivatives not designated as hedges
Derivative instruments not designated as hedging instruments, asset, at fair value	43	47
Currency exchange contracts [Member] | Other current liabilities [Member]
Derivatives not designated as hedges
Derivative instruments not designated as hedging instruments, liability, at fair value	24	52
Fair value hedging [Member] | Fixed-to-floating interest rate swaps [Member] | Other current assets [Member]
Derivatives designated as hedges
Derivative asset designated as hedging instrument	0	0
Fair value hedging [Member] | Fixed-to-floating interest rate swaps [Member] | Other noncurrent assets [Member]
Derivatives designated as hedges
Derivative asset designated as hedging instrument	136	84
Fair value hedging [Member] | Fixed-to-floating interest rate swaps [Member] | Other current liabilities [Member]
Derivatives designated as hedges
Derivative liability designated as hedging instrument	0	0
Fair value hedging [Member] | Fixed-to-floating interest rate swaps [Member] | Other noncurrent liabilities [Member]
Derivatives designated as hedges
Derivative liability designated as hedging instrument	0	10
Cash Flow Hedging [Member] | Currency exchange contracts [Member] | Other current assets [Member]
Derivatives designated as hedges
Derivative asset designated as hedging instrument	16	8
Cash Flow Hedging [Member] | Currency exchange contracts [Member] | Other noncurrent assets [Member]
Derivatives designated as hedges
Derivative asset designated as hedging instrument	1	1
Cash Flow Hedging [Member] | Currency exchange contracts [Member] | Other current liabilities [Member]
Derivatives designated as hedges
Derivative liability designated as hedging instrument	6	5
Cash Flow Hedging [Member] | Currency exchange contracts [Member] | Other noncurrent liabilities [Member]
Derivatives designated as hedges
Derivative liability designated as hedging instrument	5	3
Cash Flow Hedging [Member] | Commodity contracts [Member] | Other current assets [Member]
Derivatives designated as hedges
Derivative asset designated as hedging instrument	0	0
Cash Flow Hedging [Member] | Commodity contracts [Member] | Other noncurrent assets [Member]
Derivatives designated as hedges
Derivative asset designated as hedging instrument	0	0
Cash Flow Hedging [Member] | Commodity contracts [Member] | Other current liabilities [Member]
Derivatives designated as hedges
Derivative liability designated as hedging instrument	0	0
Cash Flow Hedging [Member] | Commodity contracts [Member] | Other noncurrent liabilities [Member]
Derivatives designated as hedges
Derivative liability designated as hedging instrument	0	0
Derivatives designated as hedges [Member] | Fair value hedging [Member] | Fixed-to-floating interest rate swaps [Member]
Derivatives designated as hedges
Derivative, Notional Amount	3,440	3,440
Derivatives designated as hedges [Member] | Cash Flow Hedging [Member] | Currency exchange contracts [Member]
Derivatives designated as hedges
Derivative, Notional Amount	749	432
Derivatives designated as hedges [Member] | Cash Flow Hedging [Member] | Commodity contracts [Member]
Derivatives designated as hedges
Derivative, Notional Amount	1	1
Derivatives not designated as hedges [Member] | Currency exchange contracts [Member]
Derivatives designated as hedges
Derivative, Notional Amount	$ 3,465	$ 4,447
Minimum [Member] | Derivatives designated as hedges [Member] | Fair value hedging [Member] | Fixed-to-floating interest rate swaps [Member]
Derivatives designated as hedges
Derivative, Term of Contract	18 months	2 years
Minimum [Member] | Derivatives designated as hedges [Member] | Cash Flow Hedging [Member] | Currency exchange contracts [Member]
Derivatives designated as hedges
Derivative, Term of Contract	1 month	1 month
Minimum [Member] | Derivatives designated as hedges [Member] | Cash Flow Hedging [Member] | Commodity contracts [Member]
Derivatives designated as hedges
Derivative, Term of Contract	1 month	1 month
Minimum [Member] | Derivatives not designated as hedges [Member] | Currency exchange contracts [Member]
Derivatives designated as hedges
Derivative, Term of Contract	1 month	1 month
Maximum [Member] | Derivatives designated as hedges [Member] | Fair value hedging [Member] | Fixed-to-floating interest rate swaps [Member]
Derivatives designated as hedges
Derivative, Term of Contract	19 years	19 years
Maximum [Member] | Derivatives designated as hedges [Member] | Cash Flow Hedging [Member] | Currency exchange contracts [Member]
Derivatives designated as hedges
Derivative, Term of Contract	36 months	36 months
Maximum [Member] | Derivatives designated as hedges [Member] | Cash Flow Hedging [Member] | Commodity contracts [Member]
Derivatives designated as hedges
Derivative, Term of Contract	12 months	12 months
Maximum [Member] | Derivatives not designated as hedges [Member] | Currency exchange contracts [Member]
Derivatives designated as hedges
Derivative, Term of Contract	12 months	12 months

Amounts Recognized in Accumulat

Amounts Recognized in Accumulated Other Comprehensive Income (Details) - Cash flow hedges [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Interest expense - net [Member] | Floating-to-fixed interest rate swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in other comprehensive (loss) income			$ 0	$ 0
Gain (loss) reclassified from accumulated other comprehensive loss			0	(1)
Cost of products sold [Member] | Currency exchange contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in other comprehensive (loss) income	$ 6	$ (3)	16	2
Gain (loss) reclassified from accumulated other comprehensive loss	5	1	11	5
Cost of products sold or Interest expense - net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in other comprehensive (loss) income	6	(3)	16	2
Gain (loss) reclassified from accumulated other comprehensive loss	$ 5	$ 1	$ 11	$ 4

Derivative Financial Instrume49

Derivative Financial Instruments and Hedging Activities Amounts Recognized in Net Income (Details) - Interest expense - net [Member] - Fair value hedging [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Amounts recognized in net income	$ 0	$ 0	$ 0	$ 0
Fixed-to-floating interest rate swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amounts recognized in net income	65	(12)	62	61
Related long-term debt converted to floating interest rates by interest rate swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amounts recognized in net income	$ (65)	$ 12	$ (62)	$ (61)

Inventory (Details)

Inventory (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Raw materials	$ 1,140	$ 924
Work-in-process	242	422
Finished goods	1,136	1,201
Inventory at FIFO	2,518	2,547
Excess of FIFO over LIFO cost	(123)	(119)
Total inventory	$ 2,395	$ 2,428

Business Segment Information (D

Business Segment Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Business Segment Information
Net sales	$ 5,203	$ 5,728	$ 15,798	$ 16,987
Litigation settlements	0	0	0	(644)
Interest expense - net	59	56	175	173
Pension and other postretirement benefits expense			(244)	(260)
Other corporate (expense) benefit - net	(3)	(10)	(27)	(181)
Income before income taxes	487	642	1,590	1,152
Income tax expense (benefit)	42	37	143	(66)
Net income	445	605	1,447	1,218
Less net loss (income) for noncontrolling interests	1	(3)	0	(6)
Net income attributable to Eaton ordinary shareholders	446	602	1,447	1,212
Total business segments [Member]
Business Segment Information
Net sales	5,203	5,728	15,798	16,987
Segment operating profit	745	900	2,338	2,452
Total business segments [Member] | Electrical Products [Member]
Business Segment Information
Net sales	1,771	1,875	5,246	5,433
Segment operating profit	322	330	858	880
Total business segments [Member] | Electrical Systems and Services [Member]
Business Segment Information
Net sales	1,487	1,655	4,437	4,807
Segment operating profit	164	238	573	601
Total business segments [Member] | Hydraulics [Member]
Business Segment Information
Net sales	599	733	1,907	2,302
Segment operating profit	44	84	184	286
Total business segments [Member] | Aerospace [Member]
Business Segment Information
Net sales	449	454	1,367	1,404
Segment operating profit	79	72	233	203
Total business segments [Member] | Vehicle [Member]
Business Segment Information
Net sales	897	1,011	2,841	3,041
Segment operating profit	136	176	490	482
Corporate [Member]
Business Segment Information
Litigation settlements	0	0	0	(644)
Amortization of intangible assets	(102)	(107)	(306)	(326)
Interest expense - net	(59)	(56)	(175)	(173)
Pension and other postretirement benefits expense	(38)	(31)	(99)	(114)
Other corporate (expense) benefit - net	$ (59)	$ (64)	$ (168)	$ (43)

Condensed Consolidating Finan52

Condensed Consolidating Financial Information (Details) $ in Millions	Nov. 20, 2012USD ($)
Condensed Consolidating Financial Information [Abstract]
Issuance of senior notes	$ 4,900
Eaton and certain other 100% owned subsidiaries guarantee of Senior Debt	100.00%

Condensed Consolidating Finan53

Condensed Consolidating Financial Information Consolidating Statements of Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Consolidating Statements of Comprehensive Income, Captions [Line Items]
Net sales	$ 5,203	$ 5,728	$ 15,798	$ 16,987
Cost of products sold	3,597	3,916	10,865	11,799
Selling and administrative expense	907	961	2,723	2,907
Litigation settlements	0	0	0	644
Research and development expense	156	163	472	493
Interest expense (income) - net	59	56	175	173
Other expense (income) - net	(3)	(10)	(27)	(181)
Equity in loss (earnings) of subsidiaries, net of tax	0	0	0	0
Intercompany expense (income) - net	0	0	0	0
Income before income taxes	487	642	1,590	1,152
Income tax (benefit) expense	42	37	143	(66)
Net income	445	605	1,447	1,218
Less net loss (income) for noncontrolling interests	1	(3)	0	(6)
Net income attributable to Eaton ordinary shareholders	446	602	1,447	1,212
Other comprehensive loss	(312)	(567)	(716)	(481)
Total comprehensive income attributable to Eaton ordinary shareholders	134	35	731	731
Eaton Corporation plc [Member]
Consolidating Statements of Comprehensive Income, Captions [Line Items]
Net sales	0	0	0	0
Cost of products sold	0	0	0	0
Selling and administrative expense	2	2	6	2
Litigation settlements				0
Research and development expense	0	0	0	0
Interest expense (income) - net	0	0	0	0
Other expense (income) - net	0	0	0	0
Equity in loss (earnings) of subsidiaries, net of tax	(534)	(670)	(1,698)	(1,370)
Intercompany expense (income) - net	86	66	245	156
Income before income taxes	446	602	1,447	1,212
Income tax (benefit) expense	0	0	0	0
Net income	446	602	1,447	1,212
Less net loss (income) for noncontrolling interests	0	0	0	0
Net income attributable to Eaton ordinary shareholders	446	602	1,447	1,212
Other comprehensive loss	(312)	(567)	(716)	(481)
Total comprehensive income attributable to Eaton ordinary shareholders	134	35	731	731
Eaton Corporation [Member]
Consolidating Statements of Comprehensive Income, Captions [Line Items]
Net sales	1,755	1,814	5,263	5,231
Cost of products sold	1,380	1,402	4,123	4,122
Selling and administrative expense	375	354	1,120	1,085
Litigation settlements				644
Research and development expense	65	63	202	185
Interest expense (income) - net	54	58	166	172
Other expense (income) - net	11	3	17	(42)
Equity in loss (earnings) of subsidiaries, net of tax	(266)	(251)	(536)	(433)
Intercompany expense (income) - net	(54)	(59)	(362)	(176)
Income before income taxes	190	244	533	(326)
Income tax (benefit) expense	17	12	36	(257)
Net income	173	232	497	(69)
Less net loss (income) for noncontrolling interests	0	0	0	0
Net income attributable to Eaton ordinary shareholders	173	232	497	(69)
Other comprehensive loss	(28)	8	35	75
Total comprehensive income attributable to Eaton ordinary shareholders	145	240	532	6
Guarantors [Member]
Consolidating Statements of Comprehensive Income, Captions [Line Items]
Net sales	1,664	1,738	5,065	5,158
Cost of products sold	1,269	1,266	3,837	3,772
Selling and administrative expense	191	209	539	602
Litigation settlements				0
Research and development expense	51	49	145	151
Interest expense (income) - net	5	7	16	20
Other expense (income) - net	3	11	(5)	(81)
Equity in loss (earnings) of subsidiaries, net of tax	(888)	(820)	(2,405)	(1,567)
Intercompany expense (income) - net	258	293	1,010	571
Income before income taxes	775	723	1,928	1,690
Income tax (benefit) expense	(15)	0	(32)	71
Net income	790	723	1,960	1,619
Less net loss (income) for noncontrolling interests	0	0	0	0
Net income attributable to Eaton ordinary shareholders	790	723	1,960	1,619
Other comprehensive loss	(305)	(560)	(691)	(447)
Total comprehensive income attributable to Eaton ordinary shareholders	485	163	1,269	1,172
Other subsidiaries [Member]
Consolidating Statements of Comprehensive Income, Captions [Line Items]
Net sales	3,105	3,416	9,469	10,061
Cost of products sold	2,265	2,489	6,864	7,354
Selling and administrative expense	339	396	1,058	1,218
Litigation settlements				0
Research and development expense	40	51	125	157
Interest expense (income) - net	(3)	(8)	(10)	(22)
Other expense (income) - net	(17)	(24)	(39)	(58)
Equity in loss (earnings) of subsidiaries, net of tax	(66)	(232)	(323)	32
Intercompany expense (income) - net	(290)	(300)	(893)	(551)
Income before income taxes	837	1,044	2,687	1,931
Income tax (benefit) expense	38	25	154	126
Net income	799	1,019	2,533	1,805
Less net loss (income) for noncontrolling interests	1	(3)	(1)	(6)
Net income attributable to Eaton ordinary shareholders	800	1,016	2,532	1,799
Other comprehensive loss	(415)	(696)	(879)	(626)
Total comprehensive income attributable to Eaton ordinary shareholders	385	320	1,653	1,173
Consolidating adjustments [Member]
Consolidating Statements of Comprehensive Income, Captions [Line Items]
Net sales	(1,321)	(1,240)	(3,999)	(3,463)
Cost of products sold	(1,317)	(1,241)	(3,959)	(3,449)
Selling and administrative expense	0	0	0	0
Litigation settlements				0
Research and development expense	0	0	0	0
Interest expense (income) - net	3	(1)	3	3
Other expense (income) - net	0	0	0	0
Equity in loss (earnings) of subsidiaries, net of tax	1,754	1,973	4,962	3,338
Intercompany expense (income) - net	0	0	0	0
Income before income taxes	(1,761)	(1,971)	(5,005)	(3,355)
Income tax (benefit) expense	2	0	(15)	(6)
Net income	(1,763)	(1,971)	(4,990)	(3,349)
Less net loss (income) for noncontrolling interests	0	0	1	0
Net income attributable to Eaton ordinary shareholders	(1,763)	(1,971)	(4,989)	(3,349)
Other comprehensive loss	748	1,248	1,535	998
Total comprehensive income attributable to Eaton ordinary shareholders	$ (1,015)	$ (723)	$ (3,454)	$ (2,351)

Condensed Consolidating Finan54

Condensed Consolidating Financial Information Condensed Consolidating Balance Sheets (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Condensed Consolidating Balance Sheets, Captions [Line Items]
Cash	$ 418	$ 781	$ 655	$ 915
Short-term investments	150	245
Accounts receivable - net	3,656	3,667
Intercompany accounts receivable	0	0
Inventory	2,395	2,428
Deferred income taxes	550	593
Prepaid expenses and other current assets	410	386
Total current assets	7,579	8,100
Property, plant and equipment - net	3,590	3,750
Goodwill	13,540	13,893
Other intangible assets	6,139	6,556
Deferred income taxes	246	228
Investment in subsidiaries	0	0
Intercompany loans receivables	0	0
Other assets	1,107	1,002
Total assets	32,201	33,529
Short-term debt	1	2
Current portion of long-term debt	841	1,008
Accounts payable	1,997	1,940
Intercompany accounts payable	0	0
Accrued compensation	373	420
Other current liabilities	1,888	1,985
Total current liabilities	5,100	5,355
Long-term debt	7,830	8,024
Pension liabilities	1,539	1,812
Other postretirement benefits liabilities	502	513
Deferred income taxes	820	901
Intercompany loans payable	0	0
Other noncurrent liabilities	997	1,085
Total noncurrent liabilities	11,688	12,335
Eaton shareholders' equity	15,366	15,786
Noncontrolling interests	47	53
Total equity	15,413	15,839
Total liabilities and equity	32,201	33,529
Eaton Corporation plc [Member]
Condensed Consolidating Balance Sheets, Captions [Line Items]
Cash	0	1	1	3
Short-term investments	0	0
Accounts receivable - net	0	0
Intercompany accounts receivable	1	2
Inventory	0	0
Deferred income taxes	0	0
Prepaid expenses and other current assets	0	0
Total current assets	1	3
Property, plant and equipment - net	0	0
Goodwill	0	0
Other intangible assets	0	0
Deferred income taxes	0	0
Investment in subsidiaries	29,102	26,612
Intercompany loans receivables	0	0
Other assets	0	0
Total assets	29,103	26,615
Short-term debt	0	0
Current portion of long-term debt	0	0
Accounts payable	0	0
Intercompany accounts payable	111	117
Accrued compensation	0	0
Other current liabilities	1	1
Total current liabilities	112	118
Long-term debt	0	0
Pension liabilities	0	0
Other postretirement benefits liabilities	0	0
Deferred income taxes	0	0
Intercompany loans payable	13,625	10,711
Other noncurrent liabilities	0	0
Total noncurrent liabilities	13,625	10,711
Eaton shareholders' equity	15,366	15,786
Noncontrolling interests	0	0
Total equity	15,366	15,786
Total liabilities and equity	29,103	26,615
Eaton Corporation [Member]
Condensed Consolidating Balance Sheets, Captions [Line Items]
Cash	145	173	110	51
Short-term investments	0	0
Accounts receivable - net	514	500
Intercompany accounts receivable	771	759
Inventory	358	397
Deferred income taxes	379	368
Prepaid expenses and other current assets	105	96
Total current assets	2,272	2,293
Property, plant and equipment - net	937	972
Goodwill	1,355	1,355
Other intangible assets	185	196
Deferred income taxes	831	889
Investment in subsidiaries	12,705	12,198
Intercompany loans receivables	7,697	7,542
Other assets	582	473
Total assets	26,564	25,918
Short-term debt	0	0
Current portion of long-term debt	600	702
Accounts payable	510	475
Intercompany accounts payable	4,022	4,087
Accrued compensation	69	112
Other current liabilities	675	674
Total current liabilities	5,876	6,050
Long-term debt	7,130	7,079
Pension liabilities	591	726
Other postretirement benefits liabilities	278	283
Deferred income taxes	14	0
Intercompany loans payable	1,951	2,723
Other noncurrent liabilities	414	457
Total noncurrent liabilities	10,378	11,268
Eaton shareholders' equity	10,310	8,600
Noncontrolling interests	0	0
Total equity	10,310	8,600
Total liabilities and equity	26,564	25,918
Guarantors [Member]
Condensed Consolidating Balance Sheets, Captions [Line Items]
Cash	12	13	33	10
Short-term investments	1	1
Accounts receivable - net	1,071	955
Intercompany accounts receivable	3,880	3,820
Inventory	687	637
Deferred income taxes	112	132
Prepaid expenses and other current assets	52	39
Total current assets	5,815	5,597
Property, plant and equipment - net	748	756
Goodwill	6,256	6,256
Other intangible assets	3,671	3,811
Deferred income taxes	6	10
Investment in subsidiaries	59,435	58,680
Intercompany loans receivables	1,552	2,249
Other assets	128	141
Total assets	77,611	77,500
Short-term debt	0	0
Current portion of long-term debt	241	304
Accounts payable	353	340
Intercompany accounts payable	2,444	3,441
Accrued compensation	54	59
Other current liabilities	288	340
Total current liabilities	3,380	4,484
Long-term debt	679	932
Pension liabilities	143	183
Other postretirement benefits liabilities	136	136
Deferred income taxes	1,033	1,160
Intercompany loans payable	36,063	36,162
Other noncurrent liabilities	170	183
Total noncurrent liabilities	38,224	38,756
Eaton shareholders' equity	36,007	34,260
Noncontrolling interests	0	0
Total equity	36,007	34,260
Total liabilities and equity	77,611	77,500
Other subsidiaries [Member]
Condensed Consolidating Balance Sheets, Captions [Line Items]
Cash	261	594	511	851
Short-term investments	149	244
Accounts receivable - net	2,071	2,212
Intercompany accounts receivable	2,991	4,101
Inventory	1,441	1,445
Deferred income taxes	59	93
Prepaid expenses and other current assets	229	247
Total current assets	7,201	8,936
Property, plant and equipment - net	1,905	2,022
Goodwill	5,929	6,282
Other intangible assets	2,283	2,549
Deferred income taxes	199	137
Investment in subsidiaries	9,841	9,145
Intercompany loans receivables	43,377	40,635
Other assets	397	388
Total assets	71,132	70,094
Short-term debt	1	2
Current portion of long-term debt	0	2
Accounts payable	1,134	1,125
Intercompany accounts payable	1,066	1,037
Accrued compensation	250	249
Other current liabilities	931	984
Total current liabilities	3,382	3,399
Long-term debt	18	13
Pension liabilities	805	903
Other postretirement benefits liabilities	88	94
Deferred income taxes	563	549
Intercompany loans payable	987	830
Other noncurrent liabilities	413	445
Total noncurrent liabilities	2,874	2,834
Eaton shareholders' equity	64,836	63,816
Noncontrolling interests	40	45
Total equity	64,876	63,861
Total liabilities and equity	71,132	70,094
Consolidating adjustments [Member]
Condensed Consolidating Balance Sheets, Captions [Line Items]
Cash	0	0	$ 0	$ 0
Short-term investments	0	0
Accounts receivable - net	0	0
Intercompany accounts receivable	(7,643)	(8,682)
Inventory	(91)	(51)
Deferred income taxes	0	0
Prepaid expenses and other current assets	24	4
Total current assets	(7,710)	(8,729)
Property, plant and equipment - net	0	0
Goodwill	0	0
Other intangible assets	0	0
Deferred income taxes	(790)	(808)
Investment in subsidiaries	(111,083)	(106,635)
Intercompany loans receivables	(52,626)	(50,426)
Other assets	0	0
Total assets	(172,209)	(166,598)
Short-term debt	0	0
Current portion of long-term debt	0	0
Accounts payable	0	0
Intercompany accounts payable	(7,643)	(8,682)
Accrued compensation	0	0
Other current liabilities	(7)	(14)
Total current liabilities	(7,650)	(8,696)
Long-term debt	3	0
Pension liabilities	0	0
Other postretirement benefits liabilities	0	0
Deferred income taxes	(790)	(808)
Intercompany loans payable	(52,626)	(50,426)
Other noncurrent liabilities	0	0
Total noncurrent liabilities	(53,413)	(51,234)
Eaton shareholders' equity	(111,153)	(106,676)
Noncontrolling interests	7	8
Total equity	(111,146)	(106,668)
Total liabilities and equity	$ (172,209)	$ (166,598)

Condensed Consolidating Finan55

Condensed Consolidating Financial Information Condensed Consolidating Statements of Cash Flows (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]
Net cash (used in) provided by operating activities	$ 1,629	$ 934
Cash paid for acquisitions of businesses, net of cash acquired	(38)	0
Capital expenditures for property, plant and equipment	(368)	(378)
Sales of short-term investments - net	76	445
Investments in affiliates	0
Loans to affiliates	0	0
Repayments of loans from affiliates	0	0
Proceeds from sale of businesses	1	282
Other - net	(44)	(56)
Net cash (used in) provided by investing activities	(373)	293
Proceeds from borrowings	1	0
Payments on borrowings	(405)	(580)
Proceeds from borrowings from affiliates	0	0
Payments on borrowings from affiliates	0	0
Capital contributions from affiliates	0
Other intercompany financing activities	0	0
Cash dividends paid	(771)	(700)
Payments of Distributions to Affiliates		0
Exercise of employee stock options	48	50
Repurchase of shares	(454)	(267)
Excess tax benefit from equity-based compensation	0	20
Other - net	(8)	(3)
Net cash used in financing activities	(1,589)	(1,480)
Effect of currency on cash	(30)	(7)
Total decrease in cash	(363)	(260)
Cash at the beginning of the period	781	915
Cash at the end of the period	418	655
Eaton Corporation plc [Member]
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]
Net cash (used in) provided by operating activities	(85)	(4)
Cash paid for acquisitions of businesses, net of cash acquired	0
Capital expenditures for property, plant and equipment	0	0
Sales of short-term investments - net	0	0
Investments in affiliates	(1,482)
Loans to affiliates	0	0
Repayments of loans from affiliates	0	0
Proceeds from sale of businesses	0	0
Other - net	0	0
Net cash (used in) provided by investing activities	(1,482)	0
Proceeds from borrowings	0
Payments on borrowings	0	0
Proceeds from borrowings from affiliates	2,783	726
Payments on borrowings from affiliates	(40)	(25)
Capital contributions from affiliates	0
Other intercompany financing activities	0	218
Cash dividends paid	(771)	(700)
Payments of Distributions to Affiliates		0
Exercise of employee stock options	48	50
Repurchase of shares	(454)	(267)
Excess tax benefit from equity-based compensation		0
Other - net	0	0
Net cash used in financing activities	1,566	2
Effect of currency on cash	0	0
Total decrease in cash	(1)	(2)
Cash at the beginning of the period	1	3
Cash at the end of the period	0	1
Eaton Corporation [Member]
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]
Net cash (used in) provided by operating activities	(93)	(699)
Cash paid for acquisitions of businesses, net of cash acquired	0
Capital expenditures for property, plant and equipment	(68)	(78)
Sales of short-term investments - net	0	0
Investments in affiliates	0
Loans to affiliates	(307)	(151)
Repayments of loans from affiliates	306	176
Proceeds from sale of businesses	0	93
Other - net	(41)	(40)
Net cash (used in) provided by investing activities	(110)	0
Proceeds from borrowings	0
Payments on borrowings	(102)	(552)
Proceeds from borrowings from affiliates	4,577	5,510
Payments on borrowings from affiliates	(4,617)	(4,794)
Capital contributions from affiliates	1,176
Other intercompany financing activities	(859)	574
Cash dividends paid	0	0
Payments of Distributions to Affiliates		0
Exercise of employee stock options	0	0
Repurchase of shares	0	0
Excess tax benefit from equity-based compensation		20
Other - net	0	0
Net cash used in financing activities	175	758
Effect of currency on cash	0	0
Total decrease in cash	(28)	59
Cash at the beginning of the period	173	51
Cash at the end of the period	145	110
Guarantors [Member]
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]
Net cash (used in) provided by operating activities	(23)	172
Cash paid for acquisitions of businesses, net of cash acquired	0
Capital expenditures for property, plant and equipment	(100)	(94)
Sales of short-term investments - net	0	132
Investments in affiliates	(1,176)
Loans to affiliates	(39)	0
Repayments of loans from affiliates	58	213
Proceeds from sale of businesses	0	175
Other - net	33	46
Net cash (used in) provided by investing activities	(1,224)	472
Proceeds from borrowings	0
Payments on borrowings	(301)	(1)
Proceeds from borrowings from affiliates	581	254
Payments on borrowings from affiliates	(1,160)	(320)
Capital contributions from affiliates	1,482
Other intercompany financing activities	644	(554)
Cash dividends paid	0	0
Payments of Distributions to Affiliates		0
Exercise of employee stock options	0	0
Repurchase of shares	0	0
Excess tax benefit from equity-based compensation		0
Other - net	0	0
Net cash used in financing activities	1,246	(621)
Effect of currency on cash	0	0
Total decrease in cash	(1)	23
Cash at the beginning of the period	13	10
Cash at the end of the period	12	33
Other subsidiaries [Member]
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]
Net cash (used in) provided by operating activities	1,830	1,433
Cash paid for acquisitions of businesses, net of cash acquired	(38)
Capital expenditures for property, plant and equipment	(200)	(206)
Sales of short-term investments - net	76	313
Investments in affiliates	(1,482)
Loans to affiliates	(7,638)	(6,347)
Repayments of loans from affiliates	5,514	5,133
Proceeds from sale of businesses	1	14
Other - net	(36)	(62)
Net cash (used in) provided by investing activities	(3,803)	(1,155)
Proceeds from borrowings	1
Payments on borrowings	(2)	(27)
Proceeds from borrowings from affiliates	43	8
Payments on borrowings from affiliates	(61)	(383)
Capital contributions from affiliates	1,482
Other intercompany financing activities	215	(238)
Cash dividends paid	0	0
Payments of Distributions to Affiliates		32
Exercise of employee stock options	0	0
Repurchase of shares	0	0
Excess tax benefit from equity-based compensation		0
Other - net	(8)	(3)
Net cash used in financing activities	1,670	(611)
Effect of currency on cash	(30)	(7)
Total decrease in cash	(333)	(340)
Cash at the beginning of the period	594	851
Cash at the end of the period	261	511
Consolidating adjustments [Member]
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]
Net cash (used in) provided by operating activities	0	32
Cash paid for acquisitions of businesses, net of cash acquired	0
Capital expenditures for property, plant and equipment	0	0
Sales of short-term investments - net	0	0
Investments in affiliates	4,140
Loans to affiliates	7,984	6,498
Repayments of loans from affiliates	(5,878)	(5,522)
Proceeds from sale of businesses	0	0
Other - net	0	0
Net cash (used in) provided by investing activities	6,246	976
Proceeds from borrowings	0
Payments on borrowings	0	0
Proceeds from borrowings from affiliates	(7,984)	(6,498)
Payments on borrowings from affiliates	5,878	5,522
Capital contributions from affiliates	(4,140)
Other intercompany financing activities	0	0
Cash dividends paid	0	0
Payments of Distributions to Affiliates		(32)
Exercise of employee stock options	0	0
Repurchase of shares	0	0
Excess tax benefit from equity-based compensation		0
Other - net	0	0
Net cash used in financing activities	(6,246)	(1,008)
Effect of currency on cash	0	0
Total decrease in cash	0	0
Cash at the beginning of the period	0	0
Cash at the end of the period	$ 0	$ 0