Eaton (ETN) 10-Q 29 Oct 19 2019 Q3 Quarterly report Financial data

Cover Page

Cover Page shares in Millions	9 Months Ended
	Sep. 30, 2019shares
Cover page.
Entity Registrant Name	EATON CORPORATION plc
Document Type	10-Q
Document Period End Date	Sep. 30, 2019
Document Fiscal Year Focus	2019
Current Fiscal Year End Date	--12-31
Document Quarterly Report	true
Document Transition Report	false
Entity Incorporation, State or Country Code	L2
City Area Code	+353
Local Phone Number	1637 2900
Entity Central Index Key	0001551182
Entity File Number	000-54863
Amendment Flag	false
Document Fiscal Period Focus	Q3
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding (in shares)	413.4
Entity Tax Identification Number	98-1059235
Entity Address, Address Line One	Eaton House,
Entity Address, Address Line Two	30 Pembroke Road,
Entity Address, City or Town	Dublin 4,
Entity Address, Country	IE
Entity Address, Postal Zip Code	D04 Y0C2
Title of 12(b) Security	Ordinary shares ($0.01 par value)
Trading Symbol	ETN
Security Exchange Name	NYSE

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Income Statement [Abstract]
Net sales	$ 5,314	$ 5,412	$ 16,152	$ 16,150
Cost of products sold	3,512	3,597	10,782	10,841
Selling and administrative expense	885	889	2,709	2,679
Research and development expense	147	138	454	439
Interest expense - net	54	67	183	205
Arbitration decision expense	0	275	0	275
Other (income) expense - net	(2)	7	(35)	13
Income before income taxes	718	439	2,059	1,698
Income tax expense	116	23	299	184
Net income	602	416	1,760	1,514
Less net income for noncontrolling interests	(1)	0	(1)	0
Net income attributable to Eaton ordinary shareholders	$ 601	$ 416	$ 1,759	$ 1,514
Net income per share attributable to Eaton ordinary shareholders
Diluted (usd per share)	$ 1.44	$ 0.95	$ 4.16	$ 3.45
Basic (usd per share)	$ 1.44	$ 0.96	$ 4.18	$ 3.47
Weighted-average number of ordinary shares outstanding
Diluted (shares)	418.4	436.3	422.5	438.4
Basic (shares)	416.6	433.5	420.7	435.8
Cash dividends declared per ordinary share (usd per share)	$ 0.71	$ 0.66	$ 2.13	$ 1.98

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 602	$ 416	$ 1,760	$ 1,514
Less net loss (income) for noncontrolling interests	(1)	0	(1)	0
Net income attributable to Eaton ordinary shareholders	601	416	1,759	1,514
Other comprehensive (loss) income, net of tax
Currency translation and related hedging instruments	(252)	(132)	(235)	(546)
Pensions and other postretirement benefits	35	40	88	122
Cash flow hedges	(42)	(6)	(75)	(2)
Other comprehensive loss attributable to Eaton ordinary shareholders	(259)	(98)	(222)	(426)
Total comprehensive income attributable to Eaton ordinary shareholders	$ 342	$ 318	$ 1,537	$ 1,088

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Current assets
Cash	$ 549	$ 283
Short-term investments	281	157
Accounts receivable - net	3,787	3,858
Inventory	2,901	2,785
Prepaid expenses and other current assets	494	507
Total current assets	8,012	7,590
Land and buildings	2,436	2,466
Machinery and equipment	6,257	6,106
Gross property, plant and equipment	8,693	8,572
Accumulated depreciation	(5,210)	(5,105)
Net property, plant and equipment	3,483	3,467
Other noncurrent assets
Goodwill	13,337	13,328
Other intangible assets	4,657	4,846
Operating lease assets	444	0
Deferred income taxes	294	293
Other assets	1,668	1,568
Total assets	31,895	31,092
Current liabilities
Short-term debt	2	414
Current portion of long-term debt	6	339
Accounts payable	2,290	2,130
Accrued compensation	421	457
Other current liabilities	1,942	1,814
Total current liabilities	4,661	5,154
Noncurrent liabilities
Long-term debt	8,013	6,768
Pension liabilities	1,239	1,304
Other postretirement benefits liabilities	322	321
Operating lease liabilities	333	0
Deferred income taxes	309	349
Other noncurrent liabilities	1,118	1,054
Total noncurrent liabilities	11,334	9,796
Shareholders’ equity
Ordinary shares (413.4 million outstanding in 2019 and 423.6 million in 2018)	4	4
Capital in excess of par value	12,151	12,090
Retained Earnings	8,062	8,161
Accumulated Other Comprehensive Loss	(4,367)	(4,145)
Shares held in trust	(2)	(3)
Total Eaton shareholders’ equity	15,848	16,107
Noncontrolling interests	52	35
Total equity	15,900	16,142
Total liabilities and equity	$ 31,895	$ 31,092

CONSOLIDATED BALANCE SHEETS Par

CONSOLIDATED BALANCE SHEETS Parentheticals - shares shares in Millions	Sep. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Ordinary shares outstanding shares	413.4	423.6

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Operating activities
Net income	$ 1,760	$ 1,514
Adjustments to reconcile to net cash provided by operating activities
Depreciation and amortization	668	680
Deferred income taxes	(71)	(211)
Pension and other postretirement benefits expense	115	123
Contributions to pension plans	(89)	(99)
Contributions to other postretirement benefits plans	(11)	(26)
Changes in working capital	6	62
Other - net	136	(205)
Net cash provided by operating activities	2,514	1,838
Investing activities
Capital expenditures for property, plant and equipment	(441)	(411)
Cash paid for acquisitions of businesses, net of cash acquired	(277)	0
Sales (purchases) of short-term investments - net	(132)	329
Proceeds (payments) for settlement of currency exchange contracts not designated as hedges - net	26	(122)
Other - net	(8)	(52)
Net cash provided by (used in) investing activities	(832)	(256)
Financing activities
Proceeds from borrowings	1,232	80
Payments on borrowings	(757)	(486)
Cash dividends paid	(907)	(864)
Exercise of employee stock options	40	28
Repurchase of shares	(978)	(600)
Employee taxes paid from shares withheld	(45)	(24)
Other - net	(8)	(2)
Net cash provided by (used in) financing activities	(1,423)	(1,868)
Effect of currency on cash	7	52
Total increase (decrease) in cash	266	(234)
Cash at the beginning of the period	283	561
Cash at the end of the period	$ 549	$ 327

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2019
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 2018 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. Leases The Company determines if an arrangement is a lease at inception. Operating lease assets and liabilities are recognized at the commencement date of the lease based on the present value of lease payments over the lease term. Lease assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. As most leases do not provide an implicit interest rate, Eaton uses its incremental borrowing rate based on the information available at the lease commencement date in determining the present value of lease payments. The length of a lease term includes options to extend or terminate the lease when it is reasonably certain that the Company will exercise those options. The Company made an accounting policy election to not recognize lease assets or liabilities for leases with a term of 12 months or less. Additionally, when accounting for leases, the Company combines payments for leased assets, related services and other components of a lease. Adoption of New Accounting Standards Eaton adopted Accounting Standard Update 2016-02, Leases (Topic 842), and related amendments, in the first quarter of 2019 using the optional transition method and has not restated prior periods. The Company elected to use the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the carry forward of historical lease classification of existing leases. The Company recorded a cumulative-effect adjustment of less than $1 to retained earnings as of January 1, 2019. Additionally, the adoption of the new standard resulted in the recording of lease assets and lease liabilities for operating leases of $435 and $446 , respectively, as of January 1, 2019. The adoption of the standard did not have a material impact to the Consolidated Statements of Income or Cash Flows. Eaton adopted Accounting Standard Update 2017-12, Derivatives and Hedging (Topic 815) - Targeted Improvements to Accounting for Hedging Activities, in the first quarter 2019 using the modified retrospective approach for hedge instruments that existed at the date of adoption. ASU 2017-12 is intended to better align the Company's risk management activities with financial reporting for hedging relationships. The standard eliminates the requirement to separately measure and report hedge ineffectiveness, expands the ability to hedge specific risk components, and generally requires the change in value of the hedge instrument and hedged item to be presented in the same income statement line. The new disclosure requirements were applied on a prospective basis and comparative information has not been restated. The adoption of the standard did not have a material impact on the consolidated financial statements.

ACQUISITION AND DIVESTITURE OF

ACQUISITION AND DIVESTITURE OF BUSINESSES	9 Months Ended
	Sep. 30, 2019
Business Combinations [Abstract]
Acquisition and Divestiture of Businesses	ACQUISITIONS AND DIVESTITURES OF BUSINESSES Acquired controlling interest of Ulusoy Elektrik Imalat Taahhut ve Ticaret A.S. On April 15, 2019, Eaton completed the acquisition of an 82.275% controlling interest in Ulusoy Elektrik Imalat Taahhut ve Ticaret A.S. (Ulusoy Elektrik), a leading manufacturer of electrical switchgear based in Ankara, Turkey, with a primary focus on medium-voltage solutions for industrial and utility customers. Its sales for the 12 months ended September 30, 2018 were $126 . The purchase price for the shares is approximately $214 on a cash and debt free basis. As required by the Turkish capital markets legislation, Eaton filed an application to execute a mandatory tender offer for the remaining shares shortly after the transaction closed. During the tender offer, Eaton purchased additional shares for $33 through July 2019 to increase its ownership interest to 93.7% . Ulusoy Elektrik is reported within the Electrical Systems and Services business segment. Acquisition of Innovative Switchgear Solutions, Inc. On July 19, 2019, Eaton acquired Innovative Switchgear Solutions, Inc. (ISG), a specialty manufacturer of medium-voltage electrical equipment serving the North American utility, commercial and industrial markets. Its 2018 sales were approximately $18 . ISG will be reported within the Electrical Systems and Services business segment. Agreement to acquire Souriau-Sunbank Connection Technologies On July 22, 2019, Eaton committed to acquire the Souriau-Sunbank Connection Technologies (Souriau-Sunbank) business of TransDigm Group Inc. for $920 . Headquartered in Versailles, France, Souriau-Sunbank is a global leader in highly engineered electrical interconnect solutions for harsh environments in the aerospace, defense, industrial, energy, and transport markets. Its sales for the 12 months ended June 30, 2019 were $363 . The purchase agreement was signed on October 28, 2019. The transaction is subject to customary closing conditions and is expected to close by the end of 2019. Sale of Lighting business On March 1, 2019, Eaton announced it plans to pursue a tax-free spin-off of its Lighting business. On October 15, 2019, Eaton entered into an agreement to sell its Lighting business to Signify N.V. for a cash purchase price of $1.4 billion . The decision to sell the Lighting business comes after completing a comprehensive review of various potential transaction alternatives. The Lighting business, which had sales of $1.7 billion in 2018 as part of the Electrical Products segment, serves customers in commercial, industrial, residential and municipal markets. Eaton expects the Lighting business to be classified as held for sale during the fourth quarter of 2019. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the first quarter of 2020. Plan to divest Automotive Fluid Conveyance business

ACQUISITION, INTEGRATION AND DI

ACQUISITION, INTEGRATION AND DIVESTITURE CHARGES	9 Months Ended
	Sep. 30, 2019
Acquisition, Integration and Divestiture Charges [Abstract]
ACQUISITION INTEGRATION CHARGES	ACQUISITION INTEGRATION AND DIVESTITURE CHARGES Eaton incurs integration charges related to acquired businesses, and transaction and other charges to divest and exit businesses. A summary of these charges follows: Three months ended Nine months ended 2019 2018 2019 2018 Electrical Products $ 4 $ — $ 6 $ — Electrical Systems and Services 3 — 4 — Corporate 32 — 55 — Total acquisition integration and divestiture charges before income tax 39 — 65 — Income taxes 4 — 5 — Total after income taxes $ 35 $ — $ 60 $ — Per ordinary share - diluted $ 0.08 $ — $ 0.14 $ — Business segment charges in 2019 related to the planned divestiture of the Lighting business and the acquisitions of Ulusoy Elektrik and ISG, and were included in Cost of products sold, Selling and administrative expense or Research and development expense. In Business Segment Information, the charges reduced Operating profit of the related business segment. Corporate charges in 2019 are primarily related to the planned divestiture of the Lighting business and other charges to exit businesses, and were included in Selling and administrative expense and Other (income) expense-net. In Business Segment Information, the charges were included in Other corporate expense - net. See Note 15 for additional information about business segments.

REVENUE RECOGNITION

REVENUE RECOGNITION	9 Months Ended
	Sep. 30, 2019
Revenue from Contract with Customer [Abstract]
REVENUE RECOGNITION	REVENUE RECOGNITION Sales are recognized when obligations under the terms of the contract are satisfied and control of promised goods or services have transferred to our customers. Sales are measured at the amount of consideration the Company expects to be paid in exchange for these products or services. The Company’s six operating segments and the following tables disaggregate sales by lines of businesses, geographic destination, market channel or end market. Three months ended September 30, 2019 Net sales United States Rest of World Total Electrical Products $ 1,073 $ 713 $ 1,786 Electrical Systems and Services 1,034 538 1,572 Hydraulics 267 336 603 Original Equipment Manufacturers Aftermarket, Distribution and End User Aerospace $ 298 $ 215 513 Commercial Passenger and Light Duty Vehicle $ 371 $ 390 761 eMobility 79 Total $ 5,314 Three months ended September 30, 2018 Net sales United States Rest of World Total Electrical Products $ 1,055 $ 734 $ 1,789 Electrical Systems and Services 1,000 519 1,519 Hydraulics 301 369 670 Original Equipment Manufacturers Aftermarket, Distribution and End User Aerospace $ 269 $ 209 478 Commercial Passenger and Light Duty Vehicle $ 451 $ 425 876 eMobility 80 Total $ 5,412 Nine months ended September 30, 2019 Net sales United States Rest of World Total Electrical Products $ 3,235 $ 2,160 $ 5,395 Electrical Systems and Services 3,059 1,559 4,618 Hydraulics 863 1,124 1,987 Original Equipment Manufacturers Aftermarket, Distribution and End User Aerospace $ 884 $ 648 1,532 Commercial Passenger and Light Duty Vehicle $ 1,227 $ 1,147 2,374 eMobility 246 Total $ 16,152 Nine months ended September 30, 2018 Net sales United States Rest of World Total Electrical Products $ 3,048 $ 2,279 $ 5,327 Electrical Systems and Services 2,877 1,536 4,413 Hydraulics 907 1,196 2,103 Original Equipment Manufacturers Aftermarket, Distribution and End User Aerospace $ 799 $ 600 1,399 Commercial Passenger and Light Duty Vehicle $ 1,333 $ 1,335 2,668 eMobility 240 Total $ 16,150 The timing of revenue recognition, billings and cash collections results in billed accounts receivable, unbilled receivables (revenue recognized exceeds amount billed to the customer), and deferred revenue (advance payments and billings in excess of revenue recognized). Accounts receivables from customers were $3,384 and $3,402 at September 30, 2019 and December 31, 2018 , respectively. Amounts are billed as work progresses in accordance with agreed-upon contractual terms, either at periodic intervals or upon achievement of contractual milestones. These assets and liabilities are reported on the Consolidated Balance Sheets on a contract-by-contract basis at the end of each reporting period. Unbilled receivables were $104 and $94 at September 30, 2019 and December 31, 2018 , respectively, and are recorded in Prepaid expenses and other current assets. The increase in unbilled receivables was primarily due to revenue recognized and not yet billed, partially offset by billings to customers during the quarter. Changes in the deferred revenue liabilities are as follows: Deferred Revenue Balance at December 31, 2018 $ 248 Customer deposits and billings 680 Revenue recognized in the period (683 ) Translation 1 Balance at September 30, 2019 $ 246 Deferred Revenue Balance at January 1, 2018 $ 227 Customer deposits and billings 696 Revenue recognized in the period (676 ) Translation (6 ) Balance at September 30, 2018 $ 241 A significant portion of open orders placed with Eaton are by original equipment manufacturers or distributors. These open orders are not considered firm as they have been historically subject to releases by customers. In measuring backlog of unsatisfied or partially satisfied obligations, only the amount of orders to which customers are firmly committed are included. Using this criterion, total backlog at September 30, 2019 and December 31, 2018 was approximately $5.4 billion and $5.3 billion , respectively. At September 30, 2019 and December 31, 2018 , Eaton expects to recognize approximately 86% and 87%

GOODWILL

GOODWILL	9 Months Ended
	Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL	GOODWILL Change in the carrying amount of goodwill by segment follows: December 31, Additions Translation September 30, Electrical Products $ 6,562 $ — $ (97 ) $ 6,465 Electrical Systems and Services 4,241 164 (29 ) 4,376 Hydraulics 1,212 — (23 ) 1,189 Aerospace 941 — (3 ) 938 Vehicle 292 — (3 ) 289 eMobility 80 — — 80 Total $ 13,328 $ 164 $ (155 ) $ 13,337

LEASES

LEASES	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
LEASES	LEASES Eaton leases certain manufacturing facilities, warehouses, distribution centers, office space, vehicles and equipment. Most real estate leases contain renewal options. The exercise of lease renewal options is at the Company's sole discretion. The Company's lease agreements typically do not contain any significant guarantees of asset values at the end of a lease or restrictive covenants. Payments within certain lease agreements are adjusted periodically for changes in an index or rate. The components of lease expense follows: Three months ended September 30, 2019 Nine months ended September 30, 2019 Operating lease cost $ 41 $ 119 Finance lease cost: Amortization of lease assets 1 3 Interest on lease liabilities — 1 Short-term lease cost 13 40 Variable lease cost 6 17 Sublease income (1 ) (3 ) Total lease cost $ 60 $ 177 The net gain recorded on sale leaseback transactions for the nine months ended September 30, 2019 was $16 . Supplemental cash flow information related to leases follows: Nine months ended September 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflows - payments on operating leases $ (118 ) Operating cash outflows - interest payments on finance leases (1 ) Financing cash outflows - payments on finance lease obligations (3 ) Lease assets obtained in exchange for new lease obligations: Operating leases $ 95 Finance leases 17 Supplemental balance sheet information related to leases follows: September 30, 2019 Operating Leases Operating lease assets $ 444 Other current liabilities 124 Operating lease liabilities 333 Total operating lease liabilities $ 457 Finance Leases Land and buildings $ 16 Machinery and equipment 17 Accumulated depreciation (14 ) Net property, plant and equipment $ 19 Current portion of long-term debt $ 6 Long-term debt 14 Total finance lease liabilities $ 20 Weighted-average remaining lease term Operating leases 5.1 years Finance leases 3.6 years Weighted-average discount rate Operating leases 3.6 % Finance leases 5.9 % Maturities of lease liabilities at September 30, 2019 follows: Operating Leases Finance Leases 2019 $ 40 $ 2 2020 137 7 2021 106 6 2022 75 4 2023 50 3 Thereafter 105 1 Total lease payments $ 513 $ 23 Less imputed interest 56 3 Total present value of lease liabilities $ 457 $ 20 A summary of minimum rental commitments at December 31, 2018 under noncancelable operating leases, which expire at various dates and in most cases contain renewal options, for each of the next five years and thereafter in the aggregate, follow: Operating Leases 2019 $ 165 2020 133 2021 106 2022 75 2023 53 Thereafter 110 Total lease commitments $ 642

DEBT DEBT

DEBT DEBT	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
DEBT	DEBT On May 14, 2019, a subsidiary of Eaton issued euro denominated notes (2019 Euro Notes) with a face value of €1,100 ( $1,232 based on the May 14, 2019 spot rate), in accordance with Regulation S promulgated under the Securities Act of 1933, as amended. The 2019 Euro Notes are comprised of two tranches of €600 and €500 , which mature in 2021 and 2025, respectively, with interest payable annually at a respective rate of 0.02% and 0.70% . The issuer received proceeds totaling €1,097 ( $1,229 based on the May 14, 2019 spot rate) from the issuance, net of financing costs and discounts. The 2019 Euro Notes are fully and unconditionally guaranteed on an unsubordinated, unsecured basis by Eaton and certain of its direct and indirect subsidiaries. The 2019 Euro Notes contain customary optional redemption and par call provisions. The 2019 Euro Notes also contain a change of control provision which requires the Company to make an offer to purchase all or any part of the 2019 Euro Notes at a purchase price of 101% of the principal amount plus accrued and unpaid interest. The capitalized deferred financing fees are amortized in Interest expense-net over the respective terms of the 2019 Euro Notes. The 2019 Euro Notes are subject to customary non-financial covenants.

RETIREMENT BENEFITS PLANS

RETIREMENT BENEFITS PLANS	9 Months Ended
	Sep. 30, 2019
Retirement Benefits [Abstract]
RETIREMENT BENEFITS PLANS	RETIREMENT BENEFITS PLANS The components of retirement benefits expense follow: United States Non-United States Other postretirement Three months ended September 30 2019 2018 2019 2018 2019 2018 Service cost $ 22 $ 25 $ 14 $ 16 $ — $ 1 Interest cost 35 30 13 13 3 3 Expected return on plan assets (59 ) (63 ) (25 ) (27 ) — — Amortization 15 24 10 9 (3 ) (4 ) 13 16 12 11 — — Settlements, curtailments and special termination benefits 13 13 2 1 — — Total expense $ 26 $ 29 $ 14 $ 12 $ — $ — United States Non-United States Other postretirement Nine months ended September 30 2019 2018 2019 2018 2019 2018 Service cost $ 68 $ 75 $ 43 $ 48 $ 1 $ 2 Interest cost 103 91 42 40 10 10 Expected return on plan assets (176 ) (190 ) (79 ) (80 ) (1 ) (2 ) Amortization 46 71 29 29 (10 ) (10 ) 41 47 35 37 — — Settlements, curtailments and special termination benefits 36 38 3 1 — — Total expense $ 77 $ 85 $ 38 $ 38 $ — $ —

LEGAL CONTINGENCIES

LEGAL CONTINGENCIES	9 Months Ended
	Sep. 30, 2019
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. Insurance may cover some of the costs associated with these claims and proceedings. 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 December 2011, Pepsi-Cola Metropolitan Bottling Company, Inc. (“Pepsi”) filed an action against (a) Cooper Industries, LLC, Cooper Industries, Ltd., Cooper Holdings, Ltd., Cooper US, Inc., and Cooper Industries plc (collectively, “Cooper”), (b) M&F Worldwide Corp., Mafco Worldwide Corp., Mafco Consolidated Group LLC, and PCT International Holdings, Inc. (collectively, “Mafco”), and (c) the Pneumo Abex Asbestos Claims Settlement Trust (the “Trust”) in Texas state court. Pepsi alleged that it was harmed by a 2011 settlement agreement (“2011 Settlement”) among Cooper, Mafco, and Pneumo Abex, LLC (“Pneumo,” which prior to the 2011 Settlement was a Mafco subsidiary), which settlement resolved litigation that Pneumo had previously brought against Cooper involving, among other things, a guaranty related to Pneumo’s friction products business. In November 2015, after a Texas court ruled that Pepsi's claims should be heard in arbitration, Pepsi filed a demand for arbitration against Cooper, Mafco, the Trust, and Pneumo. Pepsi subsequently dropped claims against all parties except Cooper. An arbitration under the auspices of the American Arbitration Association commenced in October 2017. Pepsi’s experts opined, among other things, that the value contributed to the Trust for a release of the guaranty was below reasonably equivalent value, and that an inability of Pneumo to satisfy future liabilities could result in plaintiffs suing Pepsi under various theories. Cooper submitted various expert reports and, among other things, Cooper’s experts opined that Pepsi had no basis to seek any damages and that Cooper paid reasonably equivalent value for the release of its indemnity obligations under the guaranty. The arbitration proceedings closed in December 2017. On July 11, 2018, the arbitration panel made certain findings and concluded that the value contributed to the Trust did not constitute reasonably equivalent value, but ordered the parties to recalculate the amount that should have been contributed to the Trust as of the date of the 2011 transaction. Based on the findings made by the panel and the recalculation ordered by the panel, Cooper believed that no additional amount should be contributed. Pepsi argued that an additional $347 should be contributed. Cooper and its expert disagreed with Pepsi’s argument and believed that Pepsi’s recalculation was flawed and failed to comply with the instructions of the panel. On August 23, 2018, the panel issued its final award and ordered Cooper to pay $293 to Pneumo Abex. On August 30, 2018, Pepsi sought to confirm the award in Texas state court, which Cooper opposed on October 9, 2018. Cooper further requested that the court vacate the award on various grounds, including that Cooper was prejudiced by the conduct of the proceedings, the panel exceeded its powers, and because the panel denied Cooper a full and fair opportunity to present certain evidence. The court confirmed the award at the confirmation hearing, which was held on October 12, 2018. On November 2, 2018, the Company appealed. On November 28, 2018, the Company paid $297 , the full judgment plus accrued post-judgment interest, to Pneumo Abex and preserved its rights, including to appeal. On April 25, 2019, the appeal that Cooper filed was dismissed.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The effective income tax rate for the third quarter and the first nine months of 2019 was expense of 16.0% and 14.5% compared to expense of 5.2% and 10.8% for the third quarter and first nine months of 2018 . The increase in the effective tax rate in the third quarter and first nine months of 2019 was primarily due to the inclusion of $69 of tax benefit on the arbitration decision expense recorded during the third quarter of 2018 (discussed in Note 9), as well as greater levels of income in higher tax jurisdictions. As the Company has previously disclosed, Eaton's United States subsidiaries ("Eaton US") received a Notice in 2014 from the Internal Revenue Service ("IRS") for tax years 2007 through 2010 which included proposed assessments involving two issues: the recognition of income for several of Eaton US's controlled foreign corporations, and 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 United States. The Company believed the proposed assessments were without merit and contested both matters in the United States Tax Court ("Tax Court"). Eaton US and the IRS both moved for partial summary judgment on the controlled foreign corporation income recognition issue. The Tax Court heard oral arguments on the motions in January 2018, following which the Court ordered further briefing, which was completed in March 2018. On February 25, 2019, the Tax Court granted the IRS's motion for partial summary judgment and denied Eaton's. The Company intends to appeal the Tax Court's partial summary judgment decision to the United States Sixth Circuit Court of Appeals. The Company believes that it will be successful on appeal and has not recorded any additional impact of the Tax Court's decision in its consolidated financial statements. As previously disclosed, the transfer pricing issue included in the Notice remains unresolved at this point. The total potential impact of the Tax Court's partial summary judgment decision on the controlled foreign corporation income recognition issue is not estimable until all matters in the open tax years have been resolved.

EQUITY

EQUITY	9 Months Ended
	Sep. 30, 2019
Stockholders' Equity Note [Abstract]
EQUITY	EQUITY On February 24, 2016, the Board of Directors adopted a share repurchase program for share repurchases up to $2,500 of ordinary shares (2016 Program). During the nine months ended September 30, 2018 , 7.7 million ordinary shares were repurchased under the 2016 Program in the open market at a total cost of $600 . No ordinary shares were repurchased during the three months ended September 30, 2018 . On February 27, 2019, the Board of Directors adopted a new share repurchase program for share repurchases up to $5,000 of ordinary shares (2019 Program). Under the 2019 Program, the ordinary shares are expected to be repurchased over time, depending on market conditions, the market price of ordinary shares, capital levels, and other considerations. During the three and nine months ended September 30, 2019 , 6.8 million and 11.9 million ordinary shares, respectively, were repurchased under the 2019 Program in the open market at a total cost of $539 and $949 , respectively. The changes in Shareholders’ equity follow: Ordinary shares Capital in excess of par value Retained earnings Accumulated other comprehensive loss Shares held in trust Total Eaton shareholders' equity Noncontrolling interests Total equity (In millions) Shares Dollars Balance at December 31, 2018 423.6 $ 4 $ 12,090 $ 8,161 $ (4,145 ) $ (3 ) $ 16,107 $ 35 $ 16,142 Net income — — — 522 — — 522 — 522 Other comprehensive income, net of tax 67 67 — 67 Cash dividends paid and accrued — — — (309 ) — — (309 ) (1 ) (310 ) Issuance of shares under equity-based compensation plans 1.4 — (5 ) 1 — — (4 ) — (4 ) Repurchase of shares (1.9 ) — — (150 ) — — (150 ) — (150 ) Balance at March 31, 2019 423.1 $ 4 $ 12,085 $ 8,225 $ (4,078 ) $ (3 ) $ 16,233 $ 34 $ 16,267 Net income — — — 636 — — 636 — 636 Other comprehensive loss, net of tax (30 ) (30 ) (30 ) Cash dividends paid — — — (300 ) — — (300 ) (1 ) (301 ) Issuance of shares under equity-based compensation plans 0.1 — 27 (1 ) — 1 27 — 27 Acquisition of a business — — — — — — — 51 51 Acquisition of noncontrolling interest obtained through tender offer — — — — — — — (29 ) (29 ) Repurchase of Shares (3.2 ) — — (260 ) — — (260 ) — (260 ) Balance at June 30, 2019 420.0 $ 4 $ 12,112 $ 8,300 $ (4,108 ) $ (2 ) $ 16,306 $ 55 $ 16,361 Net income — — — 601 — — 601 1 602 Other comprehensive loss, net of tax (259 ) (259 ) (259 ) Cash dividends paid — — — (298 ) — — (298 ) — (298 ) Issuance of shares under equity-based compensation plans 0.2 — 39 (2 ) — — 37 — 37 Acquisition of noncontrolling interest obtained through tender offer — — — — — — — (4 ) (4 ) Repurchase of Shares (6.8 ) — — (539 ) — — (539 ) — (539 ) Balance at September 30, 2019 413.4 $ 4 $ 12,151 $ 8,062 $ (4,367 ) $ (2 ) $ 15,848 $ 52 $ 15,900 Ordinary shares Capital in excess of par value Retained earnings Accumulated other comprehensive loss Shares held in trust Total Eaton shareholders' equity Noncontrolling interests Total equity (In millions) Shares Dollars Balance at December 31, 2017 439.9 $ 4 $ 11,987 $ 8,669 $ (3,404 ) $ (3 ) $ 17,253 $ 37 $ 17,290 Cumulative-effect adjustment upon adoption of ASU 2014-09 — — — (2 ) — — (2 ) — (2 ) Cumulative-effect adjustment upon adoption of ASU 2016-16 — — — (199 ) — — (199 ) — (199 ) Net income — — — 488 — — 488 (1 ) 487 Other comprehensive income, net of tax 296 296 — 296 Cash dividends paid and accrued — — — (290 ) — — (290 ) — (290 ) Issuance of shares under equity-based compensation plans 1.1 — 18 (1 ) — — 17 — 17 Changes in noncontrolling interest of consolidated subsidiaries - net — — — — — — — 2 2 Repurchase of shares (3.7 ) — — (300 ) — — (300 ) — (300 ) Balance at March 31, 2018 437.3 $ 4 $ 12,005 $ 8,365 $ (3,108 ) $ (3 ) $ 17,263 $ 38 $ 17,301 Net income — — — 610 — — 610 1 611 Other comprehensive loss, net of tax — (624 ) (624 ) (624 ) Cash dividends paid — — — (288 ) — — (288 ) (1 ) (289 ) Issuance of shares under equity-based compensation plans — — 28 — — 1 29 — 29 Changes in noncontrolling interest of consolidated subsidiaries - net — — — — — — — (3 ) (3 ) Repurchase of Shares (4.0 ) — — (300 ) — — (300 ) — (300 ) Balance at June 30, 2018 433.3 $ 4 $ 12,033 $ 8,387 $ (3,732 ) $ (2 ) $ 16,690 $ 35 $ 16,725 Net income — — — 416 — — 416 — 416 Other comprehensive loss, net of tax (98 ) — (98 ) — (98 ) Cash dividends paid — — — (286 ) — — (286 ) — (286 ) Issuance of shares under equity-based compensation plans 0.1 — 33 — — (1 ) 32 — 32 Balance at September 30, 2018 433.4 $ 4 $ 12,066 $ 8,517 $ (3,830 ) $ (3 ) $ 16,754 $ 35 $ 16,789 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, 2018 $ (2,864 ) $ (1,278 ) $ (3 ) $ (4,145 ) Other comprehensive (loss) income before reclassifications (235 ) 7 (72 ) (300 ) Amounts reclassified from Accumulated other comprehensive loss — 81 (3 ) 78 Net current-period Other comprehensive (loss) income (235 ) 88 (75 ) (222 ) Balance at September 30, 2019 $ (3,099 ) $ (1,190 ) $ (78 ) $ (4,367 ) The reclassifications out of Accumulated other comprehensive loss follow: Nine months ended September 30, 2019 Consolidated statements of income classification Amortization of defined benefit pensions and other postretirement benefits items Actuarial loss and prior service cost $ (104 ) 1 Tax benefit 23 Total, net of tax (81 ) Gains and (losses) on cash flow hedges Currency exchange contracts 4 Net sales and Cost of products sold Tax expense (1 ) Total, net of tax 3 Total reclassifications for the period $ (78 ) 1 These components of Accumulated other comprehensive loss are included in the computation of net periodic benefit cost. See Note 8 for additional information about pension and other postretirement benefits items. Net Income Per Share Attributable to Eaton Ordinary Shareholders A summary of the calculation of net income per share attributable to Eaton ordinary shareholders follows: Three months ended Nine months ended (Shares in millions) 2019 2018 2019 2018 Net income attributable to Eaton ordinary shareholders $ 601 $ 416 $ 1,759 $ 1,514 Weighted-average number of ordinary shares outstanding - diluted 418.4 436.3 422.5 438.4 Less dilutive effect of equity-based compensation 1.8 2.8 1.8 2.6 Weighted-average number of ordinary shares outstanding - basic 416.6 433.5 420.7 435.8 Net income per share attributable to Eaton ordinary shareholders Diluted $ 1.44 $ 0.95 $ 4.16 $ 3.45 Basic 1.44 0.96 4.18 3.47 For the third quarter and first nine months of 2019 , 0.8 million and 1.1 million stock options, respectively, were excluded from the calculation of diluted net income per share attributable to Eaton ordinary shareholders 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 2018 , 0.5 million and 0.4 million

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2019
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, 2019 Cash $ 549 $ 549 $ — $ — Short-term investments 281 281 — — Net derivative contracts (52 ) — (52 ) — December 31, 2018 Cash $ 283 $ 283 $ — $ — Short-term investments 157 157 — — Net derivative contracts 14 — 14 — 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 $8,019 and fair value of $8,600 at September 30, 2019 compared to $7,107 and $7,061 , respectively, at December 31, 2018 . 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, 2019
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, 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 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 gain or loss from the derivative financial instrument is recognized in Accumulated other comprehensive income 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 gain or loss from the derivative financial instrument is recognized in Accumulated other comprehensive income 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 is classified in the same line of the Consolidated Statements of Income as the offsetting loss or gain on the hedged item. The cash flows resulting from these financial instruments are classified in operating activities on the Condensed Consolidated Statements of Cash Flows. 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. 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 as a non-derivative net investment hedging instrument had a carrying value on a pre-tax basis of $1,788 at September 30, 2019 and $623 at December 31, 2018 . Derivative Financial Statement Impacts The fair value of derivative financial instruments recognized in the Consolidated Balance Sheets follows: Notional amount Other current assets Other noncurrent assets Other current liabilities Other noncurrent liabilities Type of hedge Term September 30, 2019 Derivatives designated as hedges Fixed-to-floating interest rate swaps $ 2,225 $ — $ 71 $ — $ — Fair value 15 months to 16 years Forward starting floating-to-fixed interest rate swaps 500 — 1 — 77 Cash flow 14 to 34 years Currency exchange contracts 1,104 11 — 17 14 Cash flow 1 to 36 months Commodity contracts 11 — — — — Cash flow 1 to 7 months Total $ 11 $ 72 $ 17 $ 91 Derivatives not designated as hedges Currency exchange contracts $ 4,364 $ 14 $ 41 1 to 12 months Total $ 14 $ 41 December 31, 2018 Derivatives designated as hedges Fixed-to-floating interest rate swaps $ 2,550 $ — $ 22 $ 1 $ 26 Fair value 3 months to 16 years Forward starting floating-to-fixed interest rate swaps 100 — — — 3 Cash flow 34 years Currency exchange contracts 951 19 2 11 8 Cash flow 1 to 36 months Total $ 19 $ 24 $ 12 $ 37 Derivatives not designated as hedges Currency exchange contracts $ 3,886 $ 40 $ 20 1 to 12 months Total $ 40 $ 20 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 receivables, payables 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. As of September 30, 2019 , the volume of outstanding commodity contracts that were entered into to hedge forecasted transactions: September 30, 2019 Commodity (millions of pounds) Term Copper 4 1 to 7 months The following amounts were recorded on the Consolidated Balance Sheets related to fixed-to-floating interest rate swaps: Carrying amount of the hedged assets (liabilities) Cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged asset (liabilities) (a) Location on Consolidated Balance Sheets September 30, 2019 September 30, 2019 Long-term debt $ (2,838 ) $ (112 ) (a) At September 30, 2019 , these amounts include the cumulative liability amount of fair value hedging adjustments remaining for which the hedge accounting has been discontinued of $41 . The impact of hedging activities to the Consolidated Statements of Income are as follow: Three months ended September 30, 2019 Net Sales Cost of products sold Interest expense - net Amounts from Consolidated Statements of Income $ 5,314 $ 3,512 $ 54 Gain (loss) on derivatives designated as cash flow hedges Currency exchange contracts Hedged item $ 1 $ (1 ) $ — Derivative designated as hedging instrument (1 ) 1 — Commodity contracts Hedged item $ — $ — $ — Derivative designated as hedging instrument — — — Gain (loss) on derivatives designated as fair value hedges Fixed-to-floating interest rate swaps Hedged item $ — $ — $ (13 ) Derivative designated as hedging instrument — — 13 Nine months ended September 30, 2019 Net Sales Cost of products sold Interest expense - net Amounts from Consolidated Statements of Income $ 16,152 $ 10,782 $ 183 Gain (loss) on derivatives designated as cash flow hedges Currency exchange contracts Hedged item $ 6 $ (10 ) $ — Derivative designated as hedging instrument (6 ) 10 — Commodity contracts Hedged item $ — $ — $ — Derivative designated as hedging instrument — — — Gain (loss) on derivatives designated as fair value hedges Fixed-to-floating interest rate swaps Hedged item $ — $ — $ (76 ) Derivative designated as hedging instrument — — 76 The impact of derivatives not designated as hedges to the Consolidated Statements of Income are as follow: Gain (loss) recognized in Consolidated Statements of Income Consolidated Statements of Income classification Three months ended 2019 Gain (loss) on derivatives not designated as hedges Currency exchange contracts $ (40 ) Other expense - net Commodity Contracts 1 Cost of products sold Total $ (39 ) Gain (loss) recognized in Consolidated Statements of Income Consolidated Statements of Income classification Nine months ended 2019 Gain (loss) on derivatives not designated as hedges Currency exchange contracts $ 8 Other income - net Commodity Contracts 1 Cost of products sold Total $ 9 The impact of derivative and non-derivative instruments designated as hedges to the Consolidated Statements of Income and Comprehensive Income follow: Gain (loss) recognized in other comprehensive (loss) income Location of gain (loss) reclassified from Accumulated other comprehensive loss Gain (loss) reclassified from Accumulated other comprehensive loss Three months ended Three months ended 2019 2018 2019 2018 Derivatives designated as cash flow hedges Forward starting floating-to-fixed interest rate swaps $ (46 ) $ — Interest expense - net $ — $ — Currency exchange contracts (8 ) (12 ) Net sales and Cost of products sold — (4 ) Commodity contracts — — Cost of products sold — — Non-derivative designated as net investment hedges Foreign currency denominated debt 3 5 Other income - net — — Total $ (51 ) $ (7 ) $ — $ (4 ) Gain (loss) recognized in Location of gain (loss) Gain (loss) reclassified Nine months ended Nine months ended 2019 2018 2019 2018 Derivatives designated as cash Forward starting floating-to-fixed $ (73 ) $ — Interest expense - net $ — $ — Currency exchange contracts (18 ) (14 ) Net sales and Cost of products sold 4 (12 ) Commodity contracts — — Cost of products sold — — Non-derivative designated as net investment hedges Foreign currency denominated debt 15 22 Other income - net — — Total $ (76 ) $ 8 $ 4 $ (12 ) At September 30, 2019 and September 30, 2018 , losses of $5 and $9

INVENTORY

INVENTORY	9 Months Ended
	Sep. 30, 2019
Inventory Disclosure [Abstract]
INVENTORY	INVENTORY Inventory is carried at lower of cost or net realizable value. The components of inventory follow: September 30, December 31, Raw materials $ 1,094 $ 1,077 Work-in-process 578 500 Finished goods 1,229 1,208 Total inventory $ 2,901 $ 2,785

BUSINESS SEGMENT INFORMATION

BUSINESS SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2019
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, Vehicle, and eMobility. Operating profit includes the operating profit from intersegment sales. For additional information regarding Eaton’s business segments, see Note 16 to the Consolidated Financial Statements contained in the 2018 Form 10-K. Three months ended Nine months ended 2019 2018 2019 2018 Net sales Electrical Products $ 1,786 $ 1,789 $ 5,395 $ 5,327 Electrical Systems and Services 1,572 1,519 4,618 4,413 Hydraulics 603 670 1,987 2,103 Aerospace 513 478 1,532 1,399 Vehicle 761 876 2,374 2,668 eMobility 79 80 246 240 Total net sales $ 5,314 $ 5,412 $ 16,152 $ 16,150 Segment operating profit Electrical Products $ 358 $ 343 $ 1,050 $ 984 Electrical Systems and Services 284 234 751 628 Hydraulics 72 94 232 285 Aerospace 129 105 372 284 Vehicle 139 166 397 464 eMobility 4 10 16 35 Total segment operating profit 986 952 2,818 2,680 Corporate Amortization of intangible assets (93 ) (95 ) (280 ) (289 ) Interest expense - net (54 ) (67 ) (183 ) (205 ) Pension and other postretirement benefits expense (5 ) (3 ) (7 ) (4 ) Arbitration decision expense — (275 ) — (275 ) Other corporate expense - net (116 ) (73 ) (289 ) (209 ) Income before income taxes 718 439 2,059 1,698 Income tax expense 116 23 299 184 Net income 602 416 1,760 1,514 Less net income for noncontrolling interests (1 ) — (1 ) — Net income attributable to Eaton ordinary shareholders $ 601 $ 416 $ 1,759 $ 1,514

CONDENSED CONSOLIDATING FINANCI

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS	9 Months Ended
	Sep. 30, 2019
Condensed Financial Information Disclosure [Abstract]
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS	CONDENSED CONSOLIDATING FINANCIAL STATEMENTS The Registered Senior Notes issued by Eaton Corporation are registered under the Securities Act of 1933. Eaton and certain 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 Registered 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. See Note 7 of Eaton's 2018 Form 10-K for additional information related to the Registered Senior Notes. 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 2019 and 2018 , 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. These restructurings have been reflected as of the beginning of the earliest period presented below. CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2019 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 1,744 $ 1,826 $ 2,996 $ (1,252 ) $ 5,314 Cost of products sold — 1,339 1,301 2,127 (1,255 ) 3,512 Selling and administrative expense 2 368 199 316 — 885 Research and development expense — 37 35 75 — 147 Interest expense (income) - net — 59 5 (10 ) — 54 Other expense (income) - net 1 3 2 (8 ) — (2 ) Equity in loss (earnings) of subsidiaries, net of tax (611 ) (217 ) (797 ) (677 ) 2,302 — Intercompany expense (income) - net 7 (50 ) 513 (470 ) — — Income (loss) before income taxes 601 205 568 1,643 (2,299 ) 718 Income tax expense (benefit) — 3 (27 ) 139 1 116 Net income (loss) 601 202 595 1,504 (2,300 ) 602 Less net loss (income) for noncontrolling interests — — — (1 ) — (1 ) Net income (loss) attributable to Eaton ordinary shareholders $ 601 $ 202 $ 595 $ 1,503 $ (2,300 ) $ 601 Other comprehensive income (loss) $ (259 ) $ (26 ) $ (268 ) $ (705 ) $ 999 $ (259 ) Total comprehensive income (loss) attributable to Eaton ordinary shareholders $ 342 $ 176 $ 327 $ 798 $ (1,301 ) $ 342 CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2018 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 1,808 $ 1,814 $ 3,134 $ (1,344 ) $ 5,412 Cost of products sold — 1,419 1,320 2,202 (1,344 ) 3,597 Selling and administrative expense 3 356 197 333 — 889 Research and development expense — 33 37 68 — 138 Interest expense (income) - net — 68 3 (4 ) — 67 Arbitration decision expense — — 275 — — 275 Other expense (income) - net (3 ) 11 4 (5 ) — 7 Equity in loss (earnings) of subsidiaries, net of tax (430 ) (191 ) (892 ) (433 ) 1,946 — Intercompany expense (income) - net 14 33 579 (626 ) — — Income (loss) before income taxes 416 79 291 1,599 (1,946 ) 439 Income tax expense (benefit) — (10 ) (91 ) 124 — 23 Net income (loss) 416 89 382 1,475 (1,946 ) 416 Less net loss (income) for noncontrolling interests — — — — — — Net income (loss) attributable to Eaton ordinary shareholders $ 416 $ 89 $ 382 $ 1,475 $ (1,946 ) $ 416 Other comprehensive income (loss) $ (98 ) $ (22 ) $ (94 ) $ (240 ) $ 356 $ (98 ) Total comprehensive income (loss) attributable to Eaton ordinary shareholders $ 318 $ 67 $ 288 $ 1,235 $ (1,590 ) $ 318 CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2019 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 5,326 $ 5,548 $ 9,168 $ (3,890 ) $ 16,152 Cost of products sold — 4,150 3,967 6,552 (3,887 ) 10,782 Selling and administrative expense 8 1,089 609 1,003 — 2,709 Research and development expense — 113 110 231 — 454 Interest expense (income) - net — 194 14 (23 ) (2 ) 183 Other expense (income) - net (12 ) 1 (20 ) (4 ) — (35 ) Equity in loss (earnings) of subsidiaries, net of tax (1,785 ) (699 ) (2,359 ) (2,072 ) 6,915 — Intercompany expense (income) - net 30 (48 ) 1,386 (1,368 ) — — Income (loss) before income taxes 1,759 526 1,841 4,849 (6,916 ) 2,059 Income tax expense (benefit) — 18 (62 ) 343 — 299 Net income (loss) 1,759 508 1,903 4,506 (6,916 ) 1,760 Less net loss (income) for noncontrolling interests — — — (1 ) — (1 ) Net income (loss) attributable to Eaton ordinary shareholders $ 1,759 $ 508 $ 1,903 $ 4,505 $ (6,916 ) $ 1,759 Other comprehensive income (loss) $ (222 ) $ (22 ) $ (215 ) $ (612 ) $ 849 $ (222 ) Total comprehensive income (loss) attributable to Eaton ordinary shareholders $ 1,537 $ 486 $ 1,688 $ 3,893 $ (6,067 ) $ 1,537 CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2018 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 5,306 $ 5,304 $ 9,567 $ (4,027 ) $ 16,150 Cost of products sold — 4,198 3,845 6,824 (4,026 ) 10,841 Selling and administrative expense 8 1,093 575 1,003 — 2,679 Research and development expense — 109 113 217 — 439 Interest expense (income) - net — 203 11 (11 ) 2 205 Arbitration decision expense — — 275 — — 275 Other expense (income) - net (22 ) 25 31 (21 ) — 13 Equity in loss (earnings) of subsidiaries, net of tax (1,531 ) (628 ) (2,588 ) (1,716 ) 6,463 — Intercompany expense (income) - net 31 35 1,623 (1,689 ) — — Income (loss) before income taxes 1,514 271 1,419 4,960 (6,466 ) 1,698 Income tax expense (benefit) — (23 ) (119 ) 327 (1 ) 184 Net income (loss) 1,514 294 1,538 4,633 (6,465 ) 1,514 Less net loss (income) for noncontrolling interests — — — — — — Net income (loss) attributable to Eaton ordinary shareholders $ 1,514 $ 294 $ 1,538 $ 4,633 $ (6,465 ) $ 1,514 Other comprehensive income (loss) $ (426 ) $ (37 ) $ (394 ) $ (1,012 ) $ 1,443 $ (426 ) Total comprehensive income (loss) attributable to Eaton $ 1,088 $ 257 $ 1,144 $ 3,621 $ (5,022 ) $ 1,088 CONDENSED CONSOLIDATING BALANCE SHEETS SEPTEMBER 30, 2019 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Assets Current assets Cash $ — $ 222 $ — $ 327 $ — $ 549 Short-term investments — — — 281 — 281 Accounts receivable - net — 475 1,289 2,023 — 3,787 Intercompany accounts receivable 9 855 1,957 2,681 (5,502 ) — Inventory — 577 857 1,546 (79 ) 2,901 Prepaid expenses and other current assets — 100 32 347 15 494 Total current assets 9 2,229 4,135 7,205 (5,566 ) 8,012 Property, plant and equipment - net — 851 669 1,963 — 3,483 Other noncurrent assets Goodwill — 1,330 6,705 5,302 — 13,337 Other intangible assets — 123 2,941 1,593 — 4,657 Operating lease assets — 159 62 223 — 444 Deferred income taxes — 351 — 278 (335 ) 294 Investment in subsidiaries 16,939 26,627 73,052 27,306 (143,924 ) — Intercompany loans receivable 9 5,736 7,334 60,233 (73,312 ) — Other assets — 778 159 731 — 1,668 Total assets $ 16,957 $ 38,184 $ 95,057 $ 104,834 $ (223,137 ) $ 31,895 Liabilities and shareholders’ equity Current liabilities Short-term debt $ — $ — $ — $ 2 $ — $ 2 Current portion of long-term debt — 4 — 2 — 6 Accounts payable — 494 508 1,288 — 2,290 Intercompany accounts payable 9 1,355 2,981 1,157 (5,502 ) — Accrued compensation — 99 59 263 — 421 Other current liabilities 1 588 269 1,086 (2 ) 1,942 Total current liabilities 10 2,540 3,817 3,798 (5,504 ) 4,661 Noncurrent liabilities Long-term debt — 5,900 2,107 6 — 8,013 Pension liabilities — 378 127 734 — 1,239 Other postretirement benefits liabilities — 167 82 73 — 322 Operating lease liabilities — 116 47 170 — 333 Deferred income taxes — — 458 186 (335 ) 309 Intercompany loans payable 1,099 5,272 65,822 1,119 (73,312 ) — Other noncurrent liabilities — 454 304 360 — 1,118 Total noncurrent liabilities 1,099 12,287 68,947 2,648 (73,647 ) 11,334 Shareholders’ equity Eaton shareholders' equity 15,848 23,357 22,293 98,336 (143,986 ) 15,848 Noncontrolling interests — — — 52 — 52 Total equity 15,848 23,357 22,293 98,388 (143,986 ) 15,900 Total liabilities and equity $ 16,957 $ 38,184 $ 95,057 $ 104,834 $ (223,137 ) $ 31,895 CONDENSED CONSOLIDATING BALANCE SHEETS DECEMBER 31, 2018 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Assets Current assets Cash $ 1 $ 21 $ — $ 261 $ — $ 283 Short-term investments — — — 157 — 157 Accounts receivable - net — 483 1,400 1,975 — 3,858 Intercompany accounts receivable — 1,575 1,851 2,968 (6,394 ) — Inventory — 540 766 1,555 (76 ) 2,785 Prepaid expenses and other current assets — 107 32 354 14 507 Total current assets 1 2,726 4,049 7,270 (6,456 ) 7,590 Property, plant and equipment - net — 843 678 1,946 — 3,467 Other noncurrent assets Goodwill — 1,330 6,705 5,293 — 13,328 Other intangible assets — 128 3,054 1,664 — 4,846 Deferred income taxes — 340 — 288 (335 ) 293 Investment in subsidiaries 16,476 25,956 71,334 25,557 (139,323 ) — Intercompany loans receivable 1,508 5,912 8,406 59,078 (74,904 ) — Other assets — 746 117 705 — 1,568 Total assets $ 17,985 $ 37,981 $ 94,343 $ 101,801 $ (221,018 ) $ 31,092 Liabilities and shareholders’ equity Current liabilities Short-term debt $ — $ 388 $ — $ 26 $ — $ 414 Current portion of long-term debt — 338 — 1 — 339 Accounts payable — 476 416 1,238 — 2,130 Intercompany accounts payable 32 1,127 3,206 2,029 (6,394 ) — Accrued compensation — 135 71 251 — 457 Other current liabilities 30 525 259 1,002 (2 ) 1,814 Total current liabilities 62 2,989 3,952 4,547 (6,396 ) 5,154 Noncurrent liabilities Long-term debt — 5,814 945 7 2 6,768 Pension liabilities — 383 130 791 — 1,304 Other postretirement benefits liabilities — 166 83 72 — 321 Deferred income taxes — 1 508 175 (335 ) 349 Intercompany loans payable 1,816 5,182 66,507 1,399 (74,904 ) — Other noncurrent liabilities — 389 291 374 — 1,054 Total noncurrent liabilities 1,816 11,935 68,464 2,818 (75,237 ) 9,796 Shareholders’ equity Eaton shareholders' equity 16,107 23,057 21,927 94,401 (139,385 ) 16,107 Noncontrolling interests — — — 35 — 35 Total equity 16,107 23,057 21,927 94,436 (139,385 ) 16,142 Total liabilities and equity $ 17,985 $ 37,981 $ 94,343 $ 101,801 $ (221,018 ) $ 31,092 CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2019 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net cash provided by (used in) operating activities $ (67 ) $ 980 $ 415 $ 1,186 $ — $ 2,514 Investing activities Capital expenditures for property, plant and equipment — (74 ) (88 ) (279 ) — (441 ) Cash paid for acquisitions of businesses, net of cash acquired — — (30 ) (247 ) — (277 ) Sales (purchases) of short-term — — — (132 ) — (132 ) Loans to affiliates — (470 ) (280 ) (5,044 ) 5,794 — Repayments of loans from affiliates — 663 — 3,156 (3,819 ) — Proceeds (payments) for settlement of currency exchange contracts not designated as hedges - net — — — 26 — 26 Other - net — (21 ) 32 (19 ) — (8 ) Net cash provided by (used in) investing activities — 98 (366 ) (2,539 ) 1,975 (832 ) Financing activities Proceeds from borrowings — — 1,232 — — 1,232 Payments on borrowings — (726 ) — (31 ) — (757 ) Proceeds from borrowings from affiliates 1,927 2,689 428 750 (5,794 ) — Payments on borrowings from affiliates (16 ) (2,781 ) (458 ) (564 ) 3,819 — Other intercompany financing activities — (23 ) (1,239 ) 1,262 — — Cash dividends paid (907 ) — — — — (907 ) Exercise of employee stock options 40 — — — — 40 Repurchase of shares (978 ) — — — — (978 ) Employee taxes paid from shares withheld — (36 ) (6 ) (3 ) — (45 ) Other - net — — (6 ) (2 ) — (8 ) Net cash provided by (used in) financing activities 66 (877 ) (49 ) 1,412 (1,975 ) (1,423 ) Effect of currency on cash — — — 7 — 7 Total increase (decrease) in cash (1 ) 201 — 66 — 266 Cash at the beginning of the period 1 21 — 261 — 283 Cash at the end of the period $ — $ 222 $ — $ 327 $ — $ 549 CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2018 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net cash provided by (used in) operating activities $ (11 ) $ (174 ) $ 393 $ 1,718 $ (88 ) $ 1,838 Investing activities Capital expenditures for property, plant and equipment — (75 ) (74 ) (262 ) — (411 ) Sales (purchases) of short-term — — — 329 — 329 Investments in affiliates — (36 ) — — 36 — Loans to affiliates — (100 ) (84 ) (4,764 ) 4,948 — Repayments of loans from affiliates — 647 956 3,893 (5,496 ) — Proceeds (payments) for settlement of currency exchange contracts not designated as hedges - net — 11 — (133 ) — (122 ) Other - net — (26 ) 3 (29 ) — (52 ) Net cash provided by (used in) investing activities — 421 801 (966 ) (512 ) (256 ) Financing activities Proceeds from borrowings 4 65 — 11 — 80 Payments on borrowings — (450 ) (35 ) (1 ) — (486 ) Proceeds from borrowings from affiliates 2,671 1,995 183 99 (4,948 ) — Payments on borrowings from affiliates (1,227 ) (2,775 ) (654 ) (840 ) 5,496 — Capital contributions from affiliates — — — 36 (36 ) — Other intercompany financing activities — 788 (687 ) (101 ) — — Cash dividends paid (864 ) — — — — (864 ) Cash dividends paid to affiliates — — — (88 ) 88 — Exercise of employee stock options 28 — — — — 28 Repurchase of shares (600 ) — — — — (600 ) Employee taxes paid from shares withheld — (16 ) (5 ) (3 ) — (24 ) Other - net — (1 ) — (1 ) — (2 ) Net cash provided by (used in) financing activities 12 (394 ) (1,198 ) (888 ) 600 (1,868 ) Effect of currency on cash — — — 52 — 52 Total increase (decrease) in cash 1 (147 ) (4 ) (84 ) — (234 ) Cash at the beginning of the period — 183 18 360 — 561 Cash at the end of the period $ 1 $ 36 $ 14 $ 276 $ — $ 327

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Accounting	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 2018 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.
Leases	Leases
Adoption of ASU 2016-02	Adoption of New Accounting Standards Eaton adopted Accounting Standard Update 2016-02, Leases (Topic 842), and related amendments, in the first quarter of 2019 using the optional transition method and has not restated prior periods. The Company elected to use the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the carry forward of historical lease classification of existing leases. The Company recorded a cumulative-effect adjustment of less than $1 to retained earnings as of January 1, 2019. Additionally, the adoption of the new standard resulted in the recording of lease assets and lease liabilities for operating leases of $435 and $446 , respectively, as of January 1, 2019. The adoption of the standard did not have a material impact to the Consolidated Statements of Income or Cash Flows.
Adoption of ASU 2017-12	Eaton adopted Accounting Standard Update 2017-12, Derivatives and Hedging (Topic 815) - Targeted Improvements to Accounting for Hedging Activities, in the first quarter 2019 using the modified retrospective approach for hedge instruments that existed at the date of adoption. ASU 2017-12 is intended to better align the Company's risk management activities with financial reporting for hedging relationships. The standard eliminates the requirement to separately measure and report hedge ineffectiveness, expands the ability to hedge specific risk components, and generally requires the change in value of the hedge instrument and hedged item to be presented in the same income statement line. The new disclosure requirements were applied on a prospective basis and comparative information has not been restated. The adoption of the standard did not have a material impact on the consolidated financial statements.

ACQUISITION, INTEGRATION AND _2

ACQUISITION, INTEGRATION AND DIVESTITURE CHARGES (Table)	9 Months Ended
	Sep. 30, 2019
Acquisition, Integration and Divestiture Charges [Abstract]
Acquisition Integration Charges	Eaton incurs integration charges related to acquired businesses, and transaction and other charges to divest and exit businesses. A summary of these charges follows: Three months ended Nine months ended 2019 2018 2019 2018 Electrical Products $ 4 $ — $ 6 $ — Electrical Systems and Services 3 — 4 — Corporate 32 — 55 — Total acquisition integration and divestiture charges before income tax 39 — 65 — Income taxes 4 — 5 — Total after income taxes $ 35 $ — $ 60 $ — Per ordinary share - diluted $ 0.08 $ — $ 0.14 $ —

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	9 Months Ended
	Sep. 30, 2019
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Sales	The Company’s six operating segments and the following tables disaggregate sales by lines of businesses, geographic destination, market channel or end market. Three months ended September 30, 2019 Net sales United States Rest of World Total Electrical Products $ 1,073 $ 713 $ 1,786 Electrical Systems and Services 1,034 538 1,572 Hydraulics 267 336 603 Original Equipment Manufacturers Aftermarket, Distribution and End User Aerospace $ 298 $ 215 513 Commercial Passenger and Light Duty Vehicle $ 371 $ 390 761 eMobility 79 Total $ 5,314 Three months ended September 30, 2018 Net sales United States Rest of World Total Electrical Products $ 1,055 $ 734 $ 1,789 Electrical Systems and Services 1,000 519 1,519 Hydraulics 301 369 670 Original Equipment Manufacturers Aftermarket, Distribution and End User Aerospace $ 269 $ 209 478 Commercial Passenger and Light Duty Vehicle $ 451 $ 425 876 eMobility 80 Total $ 5,412 Nine months ended September 30, 2019 Net sales United States Rest of World Total Electrical Products $ 3,235 $ 2,160 $ 5,395 Electrical Systems and Services 3,059 1,559 4,618 Hydraulics 863 1,124 1,987 Original Equipment Manufacturers Aftermarket, Distribution and End User Aerospace $ 884 $ 648 1,532 Commercial Passenger and Light Duty Vehicle $ 1,227 $ 1,147 2,374 eMobility 246 Total $ 16,152 Nine months ended September 30, 2018 Net sales United States Rest of World Total Electrical Products $ 3,048 $ 2,279 $ 5,327 Electrical Systems and Services 2,877 1,536 4,413 Hydraulics 907 1,196 2,103 Original Equipment Manufacturers Aftermarket, Distribution and End User Aerospace $ 799 $ 600 1,399 Commercial Passenger and Light Duty Vehicle $ 1,333 $ 1,335 2,668 eMobility 240 Total $ 16,150
Schedule of Changes in Deferred Revenue Liabilities	Changes in the deferred revenue liabilities are as follows: Deferred Revenue Balance at December 31, 2018 $ 248 Customer deposits and billings 680 Revenue recognized in the period (683 ) Translation 1 Balance at September 30, 2019 $ 246 Deferred Revenue Balance at January 1, 2018 $ 227 Customer deposits and billings 696 Revenue recognized in the period (676 ) Translation (6 ) Balance at September 30, 2018 $ 241

GOODWILL (Tables)

GOODWILL (Tables)	9 Months Ended
	Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	Change in the carrying amount of goodwill by segment follows: December 31, Additions Translation September 30, Electrical Products $ 6,562 $ — $ (97 ) $ 6,465 Electrical Systems and Services 4,241 164 (29 ) 4,376 Hydraulics 1,212 — (23 ) 1,189 Aerospace 941 — (3 ) 938 Vehicle 292 — (3 ) 289 eMobility 80 — — 80 Total $ 13,328 $ 164 $ (155 ) $ 13,337

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Components of Lease Expense	The components of lease expense follows: Three months ended September 30, 2019 Nine months ended September 30, 2019 Operating lease cost $ 41 $ 119 Finance lease cost: Amortization of lease assets 1 3 Interest on lease liabilities — 1 Short-term lease cost 13 40 Variable lease cost 6 17 Sublease income (1 ) (3 ) Total lease cost $ 60 $ 177
Supplemental Cash Flow Related To Leases	Supplemental cash flow information related to leases follows: Nine months ended September 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflows - payments on operating leases $ (118 ) Operating cash outflows - interest payments on finance leases (1 ) Financing cash outflows - payments on finance lease obligations (3 ) Lease assets obtained in exchange for new lease obligations: Operating leases $ 95 Finance leases 17
Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases follows: September 30, 2019 Operating Leases Operating lease assets $ 444 Other current liabilities 124 Operating lease liabilities 333 Total operating lease liabilities $ 457 Finance Leases Land and buildings $ 16 Machinery and equipment 17 Accumulated depreciation (14 ) Net property, plant and equipment $ 19 Current portion of long-term debt $ 6 Long-term debt 14 Total finance lease liabilities $ 20 Weighted-average remaining lease term Operating leases 5.1 years Finance leases 3.6 years Weighted-average discount rate Operating leases 3.6 % Finance leases 5.9 %
Lessee, Operating Lease, Liability, Maturity	Maturities of lease liabilities at September 30, 2019 follows: Operating Leases Finance Leases 2019 $ 40 $ 2 2020 137 7 2021 106 6 2022 75 4 2023 50 3 Thereafter 105 1 Total lease payments $ 513 $ 23 Less imputed interest 56 3 Total present value of lease liabilities $ 457 $ 20
Finance Lease, Liability, Maturity	Maturities of lease liabilities at September 30, 2019 follows: Operating Leases Finance Leases 2019 $ 40 $ 2 2020 137 7 2021 106 6 2022 75 4 2023 50 3 Thereafter 105 1 Total lease payments $ 513 $ 23 Less imputed interest 56 3 Total present value of lease liabilities $ 457 $ 20
Schedule of Future Minimum Rental Payments for Operating Leases	at December 31, 2018 under noncancelable operating leases, which expire at various dates and in most cases contain renewal options, for each of the next five years and thereafter in the aggregate, follow: Operating Leases 2019 $ 165 2020 133 2021 106 2022 75 2023 53 Thereafter 110 Total lease commitments $ 642

RETIREMENT BENEFIT PLANS (Table

RETIREMENT BENEFIT PLANS (Tables)	9 Months Ended
	Sep. 30, 2019
Retirement Benefits [Abstract]
Retirement Benefits Plans Expense	The components of retirement benefits expense follow: United States Non-United States Other postretirement Three months ended September 30 2019 2018 2019 2018 2019 2018 Service cost $ 22 $ 25 $ 14 $ 16 $ — $ 1 Interest cost 35 30 13 13 3 3 Expected return on plan assets (59 ) (63 ) (25 ) (27 ) — — Amortization 15 24 10 9 (3 ) (4 ) 13 16 12 11 — — Settlements, curtailments and special termination benefits 13 13 2 1 — — Total expense $ 26 $ 29 $ 14 $ 12 $ — $ — United States Non-United States Other postretirement Nine months ended September 30 2019 2018 2019 2018 2019 2018 Service cost $ 68 $ 75 $ 43 $ 48 $ 1 $ 2 Interest cost 103 91 42 40 10 10 Expected return on plan assets (176 ) (190 ) (79 ) (80 ) (1 ) (2 ) Amortization 46 71 29 29 (10 ) (10 ) 41 47 35 37 — — Settlements, curtailments and special termination benefits 36 38 3 1 — — Total expense $ 77 $ 85 $ 38 $ 38 $ — $ —

EQUITY (Tables)

EQUITY (Tables)	9 Months Ended
	Sep. 30, 2019
Stockholders' Equity Note [Abstract]
Changes in Shareholders' equity	The changes in Shareholders’ equity follow: Ordinary shares Capital in excess of par value Retained earnings Accumulated other comprehensive loss Shares held in trust Total Eaton shareholders' equity Noncontrolling interests Total equity (In millions) Shares Dollars Balance at December 31, 2018 423.6 $ 4 $ 12,090 $ 8,161 $ (4,145 ) $ (3 ) $ 16,107 $ 35 $ 16,142 Net income — — — 522 — — 522 — 522 Other comprehensive income, net of tax 67 67 — 67 Cash dividends paid and accrued — — — (309 ) — — (309 ) (1 ) (310 ) Issuance of shares under equity-based compensation plans 1.4 — (5 ) 1 — — (4 ) — (4 ) Repurchase of shares (1.9 ) — — (150 ) — — (150 ) — (150 ) Balance at March 31, 2019 423.1 $ 4 $ 12,085 $ 8,225 $ (4,078 ) $ (3 ) $ 16,233 $ 34 $ 16,267 Net income — — — 636 — — 636 — 636 Other comprehensive loss, net of tax (30 ) (30 ) (30 ) Cash dividends paid — — — (300 ) — — (300 ) (1 ) (301 ) Issuance of shares under equity-based compensation plans 0.1 — 27 (1 ) — 1 27 — 27 Acquisition of a business — — — — — — — 51 51 Acquisition of noncontrolling interest obtained through tender offer — — — — — — — (29 ) (29 ) Repurchase of Shares (3.2 ) — — (260 ) — — (260 ) — (260 ) Balance at June 30, 2019 420.0 $ 4 $ 12,112 $ 8,300 $ (4,108 ) $ (2 ) $ 16,306 $ 55 $ 16,361 Net income — — — 601 — — 601 1 602 Other comprehensive loss, net of tax (259 ) (259 ) (259 ) Cash dividends paid — — — (298 ) — — (298 ) — (298 ) Issuance of shares under equity-based compensation plans 0.2 — 39 (2 ) — — 37 — 37 Acquisition of noncontrolling interest obtained through tender offer — — — — — — — (4 ) (4 ) Repurchase of Shares (6.8 ) — — (539 ) — — (539 ) — (539 ) Balance at September 30, 2019 413.4 $ 4 $ 12,151 $ 8,062 $ (4,367 ) $ (2 ) $ 15,848 $ 52 $ 15,900 Ordinary shares Capital in excess of par value Retained earnings Accumulated other comprehensive loss Shares held in trust Total Eaton shareholders' equity Noncontrolling interests Total equity (In millions) Shares Dollars Balance at December 31, 2017 439.9 $ 4 $ 11,987 $ 8,669 $ (3,404 ) $ (3 ) $ 17,253 $ 37 $ 17,290 Cumulative-effect adjustment upon adoption of ASU 2014-09 — — — (2 ) — — (2 ) — (2 ) Cumulative-effect adjustment upon adoption of ASU 2016-16 — — — (199 ) — — (199 ) — (199 ) Net income — — — 488 — — 488 (1 ) 487 Other comprehensive income, net of tax 296 296 — 296 Cash dividends paid and accrued — — — (290 ) — — (290 ) — (290 ) Issuance of shares under equity-based compensation plans 1.1 — 18 (1 ) — — 17 — 17 Changes in noncontrolling interest of consolidated subsidiaries - net — — — — — — — 2 2 Repurchase of shares (3.7 ) — — (300 ) — — (300 ) — (300 ) Balance at March 31, 2018 437.3 $ 4 $ 12,005 $ 8,365 $ (3,108 ) $ (3 ) $ 17,263 $ 38 $ 17,301 Net income — — — 610 — — 610 1 611 Other comprehensive loss, net of tax — (624 ) (624 ) (624 ) Cash dividends paid — — — (288 ) — — (288 ) (1 ) (289 ) Issuance of shares under equity-based compensation plans — — 28 — — 1 29 — 29 Changes in noncontrolling interest of consolidated subsidiaries - net — — — — — — — (3 ) (3 ) Repurchase of Shares (4.0 ) — — (300 ) — — (300 ) — (300 ) Balance at June 30, 2018 433.3 $ 4 $ 12,033 $ 8,387 $ (3,732 ) $ (2 ) $ 16,690 $ 35 $ 16,725 Net income — — — 416 — — 416 — 416 Other comprehensive loss, net of tax (98 ) — (98 ) — (98 ) Cash dividends paid — — — (286 ) — — (286 ) — (286 ) Issuance of shares under equity-based compensation plans 0.1 — 33 — — (1 ) 32 — 32 Balance at September 30, 2018 433.4 $ 4 $ 12,066 $ 8,517 $ (3,830 ) $ (3 ) $ 16,754 $ 35 $ 16,789
Schedule of Accumulated Other Comprehensive Loss	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, 2018 $ (2,864 ) $ (1,278 ) $ (3 ) $ (4,145 ) Other comprehensive (loss) income before reclassifications (235 ) 7 (72 ) (300 ) Amounts reclassified from Accumulated other comprehensive loss — 81 (3 ) 78 Net current-period Other comprehensive (loss) income (235 ) 88 (75 ) (222 ) Balance at September 30, 2019 $ (3,099 ) $ (1,190 ) $ (78 ) $ (4,367 )
Reclassification Out of Accumulated Other Comprehensive Loss	The reclassifications out of Accumulated other comprehensive loss follow: Nine months ended September 30, 2019 Consolidated statements of income classification Amortization of defined benefit pensions and other postretirement benefits items Actuarial loss and prior service cost $ (104 ) 1 Tax benefit 23 Total, net of tax (81 ) Gains and (losses) on cash flow hedges Currency exchange contracts 4 Net sales and Cost of products sold Tax expense (1 ) Total, net of tax 3 Total reclassifications for the period $ (78 ) 1 These components of Accumulated other comprehensive loss are included in the computation of net periodic benefit cost. See Note 8 for additional information about pension and other postretirement benefits items.
Calculation of Net Income Per Ordinary Share Attributable to Shareholders	A summary of the calculation of net income per share attributable to Eaton ordinary shareholders follows: Three months ended Nine months ended (Shares in millions) 2019 2018 2019 2018 Net income attributable to Eaton ordinary shareholders $ 601 $ 416 $ 1,759 $ 1,514 Weighted-average number of ordinary shares outstanding - diluted 418.4 436.3 422.5 438.4 Less dilutive effect of equity-based compensation 1.8 2.8 1.8 2.6 Weighted-average number of ordinary shares outstanding - basic 416.6 433.5 420.7 435.8 Net income per share attributable to Eaton ordinary shareholders Diluted $ 1.44 $ 0.95 $ 4.16 $ 3.45 Basic 1.44 0.96 4.18 3.47

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2019
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, 2019 Cash $ 549 $ 549 $ — $ — Short-term investments 281 281 — — Net derivative contracts (52 ) — (52 ) — December 31, 2018 Cash $ 283 $ 283 $ — $ — Short-term investments 157 157 — — Net derivative contracts 14 — 14 —

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	9 Months Ended
	Sep. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments Recognized in Condensed Consolidated Balance Sheet	The fair value of derivative financial instruments recognized in the Consolidated Balance Sheets follows: Notional amount Other current assets Other noncurrent assets Other current liabilities Other noncurrent liabilities Type of hedge Term September 30, 2019 Derivatives designated as hedges Fixed-to-floating interest rate swaps $ 2,225 $ — $ 71 $ — $ — Fair value 15 months to 16 years Forward starting floating-to-fixed interest rate swaps 500 — 1 — 77 Cash flow 14 to 34 years Currency exchange contracts 1,104 11 — 17 14 Cash flow 1 to 36 months Commodity contracts 11 — — — — Cash flow 1 to 7 months Total $ 11 $ 72 $ 17 $ 91 Derivatives not designated as hedges Currency exchange contracts $ 4,364 $ 14 $ 41 1 to 12 months Total $ 14 $ 41 December 31, 2018 Derivatives designated as hedges Fixed-to-floating interest rate swaps $ 2,550 $ — $ 22 $ 1 $ 26 Fair value 3 months to 16 years Forward starting floating-to-fixed interest rate swaps 100 — — — 3 Cash flow 34 years Currency exchange contracts 951 19 2 11 8 Cash flow 1 to 36 months Total $ 19 $ 24 $ 12 $ 37 Derivatives not designated as hedges Currency exchange contracts $ 3,886 $ 40 $ 20 1 to 12 months Total $ 40 $ 20
Schedule of Notional Amounts of Outstanding Derivative Positions	As of September 30, 2019 , the volume of outstanding commodity contracts that were entered into to hedge forecasted transactions: September 30, 2019 Commodity (millions of pounds) Term Copper 4 1 to 7 months
Schedule Of Derivative Instruments Recorded In Balance Sheet	The following amounts were recorded on the Consolidated Balance Sheets related to fixed-to-floating interest rate swaps: Carrying amount of the hedged assets (liabilities) Cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged asset (liabilities) (a) Location on Consolidated Balance Sheets September 30, 2019 September 30, 2019 Long-term debt $ (2,838 ) $ (112 ) (a) At September 30, 2019 , these amounts include the cumulative liability amount of fair value hedging adjustments remaining for which the hedge accounting has been discontinued of $41 .
Schedule of Impact of Hedging Activities to Consolidated Statement of Income	The impact of hedging activities to the Consolidated Statements of Income are as follow: Three months ended September 30, 2019 Net Sales Cost of products sold Interest expense - net Amounts from Consolidated Statements of Income $ 5,314 $ 3,512 $ 54 Gain (loss) on derivatives designated as cash flow hedges Currency exchange contracts Hedged item $ 1 $ (1 ) $ — Derivative designated as hedging instrument (1 ) 1 — Commodity contracts Hedged item $ — $ — $ — Derivative designated as hedging instrument — — — Gain (loss) on derivatives designated as fair value hedges Fixed-to-floating interest rate swaps Hedged item $ — $ — $ (13 ) Derivative designated as hedging instrument — — 13 Nine months ended September 30, 2019 Net Sales Cost of products sold Interest expense - net Amounts from Consolidated Statements of Income $ 16,152 $ 10,782 $ 183 Gain (loss) on derivatives designated as cash flow hedges Currency exchange contracts Hedged item $ 6 $ (10 ) $ — Derivative designated as hedging instrument (6 ) 10 — Commodity contracts Hedged item $ — $ — $ — Derivative designated as hedging instrument — — — Gain (loss) on derivatives designated as fair value hedges Fixed-to-floating interest rate swaps Hedged item $ — $ — $ (76 ) Derivative designated as hedging instrument — — 76
Amounts Recognized in Net Income	The impact of derivatives not designated as hedges to the Consolidated Statements of Income are as follow: Gain (loss) recognized in Consolidated Statements of Income Consolidated Statements of Income classification Three months ended 2019 Gain (loss) on derivatives not designated as hedges Currency exchange contracts $ (40 ) Other expense - net Commodity Contracts 1 Cost of products sold Total $ (39 ) Gain (loss) recognized in Consolidated Statements of Income Consolidated Statements of Income classification Nine months ended 2019 Gain (loss) on derivatives not designated as hedges Currency exchange contracts $ 8 Other income - net Commodity Contracts 1 Cost of products sold Total $ 9
Amounts Recognized in Accumulated Other Comprehensive Loss	The impact of derivative and non-derivative instruments designated as hedges to the Consolidated Statements of Income and Comprehensive Income follow: Gain (loss) recognized in other comprehensive (loss) income Location of gain (loss) reclassified from Accumulated other comprehensive loss Gain (loss) reclassified from Accumulated other comprehensive loss Three months ended Three months ended 2019 2018 2019 2018 Derivatives designated as cash flow hedges Forward starting floating-to-fixed interest rate swaps $ (46 ) $ — Interest expense - net $ — $ — Currency exchange contracts (8 ) (12 ) Net sales and Cost of products sold — (4 ) Commodity contracts — — Cost of products sold — — Non-derivative designated as net investment hedges Foreign currency denominated debt 3 5 Other income - net — — Total $ (51 ) $ (7 ) $ — $ (4 ) Gain (loss) recognized in Location of gain (loss) Gain (loss) reclassified Nine months ended Nine months ended 2019 2018 2019 2018 Derivatives designated as cash Forward starting floating-to-fixed $ (73 ) $ — Interest expense - net $ — $ — Currency exchange contracts (18 ) (14 ) Net sales and Cost of products sold 4 (12 ) Commodity contracts — — Cost of products sold — — Non-derivative designated as net investment hedges Foreign currency denominated debt 15 22 Other income - net — — Total $ (76 ) $ 8 $ 4 $ (12 )

INVENTORY (Tables)

INVENTORY (Tables)	9 Months Ended
	Sep. 30, 2019
Inventory Disclosure [Abstract]
Components of Inventory	The components of inventory follow: September 30, December 31, Raw materials $ 1,094 $ 1,077 Work-in-process 578 500 Finished goods 1,229 1,208 Total inventory $ 2,901 $ 2,785

BUSINESS SEGMENT INFORMATION (T

BUSINESS SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
Business Segment Information	Three months ended Nine months ended 2019 2018 2019 2018 Net sales Electrical Products $ 1,786 $ 1,789 $ 5,395 $ 5,327 Electrical Systems and Services 1,572 1,519 4,618 4,413 Hydraulics 603 670 1,987 2,103 Aerospace 513 478 1,532 1,399 Vehicle 761 876 2,374 2,668 eMobility 79 80 246 240 Total net sales $ 5,314 $ 5,412 $ 16,152 $ 16,150 Segment operating profit Electrical Products $ 358 $ 343 $ 1,050 $ 984 Electrical Systems and Services 284 234 751 628 Hydraulics 72 94 232 285 Aerospace 129 105 372 284 Vehicle 139 166 397 464 eMobility 4 10 16 35 Total segment operating profit 986 952 2,818 2,680 Corporate Amortization of intangible assets (93 ) (95 ) (280 ) (289 ) Interest expense - net (54 ) (67 ) (183 ) (205 ) Pension and other postretirement benefits expense (5 ) (3 ) (7 ) (4 ) Arbitration decision expense — (275 ) — (275 ) Other corporate expense - net (116 ) (73 ) (289 ) (209 ) Income before income taxes 718 439 2,059 1,698 Income tax expense 116 23 299 184 Net income 602 416 1,760 1,514 Less net income for noncontrolling interests (1 ) — (1 ) — Net income attributable to Eaton ordinary shareholders $ 601 $ 416 $ 1,759 $ 1,514

CONDENSED CONSOLIDATING FINAN_2

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Tables)	9 Months Ended
	Sep. 30, 2019
Condensed Financial Information Disclosure [Abstract]
Condensed Consolidating Financial Statements	CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2019 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 1,744 $ 1,826 $ 2,996 $ (1,252 ) $ 5,314 Cost of products sold — 1,339 1,301 2,127 (1,255 ) 3,512 Selling and administrative expense 2 368 199 316 — 885 Research and development expense — 37 35 75 — 147 Interest expense (income) - net — 59 5 (10 ) — 54 Other expense (income) - net 1 3 2 (8 ) — (2 ) Equity in loss (earnings) of subsidiaries, net of tax (611 ) (217 ) (797 ) (677 ) 2,302 — Intercompany expense (income) - net 7 (50 ) 513 (470 ) — — Income (loss) before income taxes 601 205 568 1,643 (2,299 ) 718 Income tax expense (benefit) — 3 (27 ) 139 1 116 Net income (loss) 601 202 595 1,504 (2,300 ) 602 Less net loss (income) for noncontrolling interests — — — (1 ) — (1 ) Net income (loss) attributable to Eaton ordinary shareholders $ 601 $ 202 $ 595 $ 1,503 $ (2,300 ) $ 601 Other comprehensive income (loss) $ (259 ) $ (26 ) $ (268 ) $ (705 ) $ 999 $ (259 ) Total comprehensive income (loss) attributable to Eaton ordinary shareholders $ 342 $ 176 $ 327 $ 798 $ (1,301 ) $ 342 CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2018 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 1,808 $ 1,814 $ 3,134 $ (1,344 ) $ 5,412 Cost of products sold — 1,419 1,320 2,202 (1,344 ) 3,597 Selling and administrative expense 3 356 197 333 — 889 Research and development expense — 33 37 68 — 138 Interest expense (income) - net — 68 3 (4 ) — 67 Arbitration decision expense — — 275 — — 275 Other expense (income) - net (3 ) 11 4 (5 ) — 7 Equity in loss (earnings) of subsidiaries, net of tax (430 ) (191 ) (892 ) (433 ) 1,946 — Intercompany expense (income) - net 14 33 579 (626 ) — — Income (loss) before income taxes 416 79 291 1,599 (1,946 ) 439 Income tax expense (benefit) — (10 ) (91 ) 124 — 23 Net income (loss) 416 89 382 1,475 (1,946 ) 416 Less net loss (income) for noncontrolling interests — — — — — — Net income (loss) attributable to Eaton ordinary shareholders $ 416 $ 89 $ 382 $ 1,475 $ (1,946 ) $ 416 Other comprehensive income (loss) $ (98 ) $ (22 ) $ (94 ) $ (240 ) $ 356 $ (98 ) Total comprehensive income (loss) attributable to Eaton ordinary shareholders $ 318 $ 67 $ 288 $ 1,235 $ (1,590 ) $ 318 CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2019 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 5,326 $ 5,548 $ 9,168 $ (3,890 ) $ 16,152 Cost of products sold — 4,150 3,967 6,552 (3,887 ) 10,782 Selling and administrative expense 8 1,089 609 1,003 — 2,709 Research and development expense — 113 110 231 — 454 Interest expense (income) - net — 194 14 (23 ) (2 ) 183 Other expense (income) - net (12 ) 1 (20 ) (4 ) — (35 ) Equity in loss (earnings) of subsidiaries, net of tax (1,785 ) (699 ) (2,359 ) (2,072 ) 6,915 — Intercompany expense (income) - net 30 (48 ) 1,386 (1,368 ) — — Income (loss) before income taxes 1,759 526 1,841 4,849 (6,916 ) 2,059 Income tax expense (benefit) — 18 (62 ) 343 — 299 Net income (loss) 1,759 508 1,903 4,506 (6,916 ) 1,760 Less net loss (income) for noncontrolling interests — — — (1 ) — (1 ) Net income (loss) attributable to Eaton ordinary shareholders $ 1,759 $ 508 $ 1,903 $ 4,505 $ (6,916 ) $ 1,759 Other comprehensive income (loss) $ (222 ) $ (22 ) $ (215 ) $ (612 ) $ 849 $ (222 ) Total comprehensive income (loss) attributable to Eaton ordinary shareholders $ 1,537 $ 486 $ 1,688 $ 3,893 $ (6,067 ) $ 1,537 CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2018 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net sales $ — $ 5,306 $ 5,304 $ 9,567 $ (4,027 ) $ 16,150 Cost of products sold — 4,198 3,845 6,824 (4,026 ) 10,841 Selling and administrative expense 8 1,093 575 1,003 — 2,679 Research and development expense — 109 113 217 — 439 Interest expense (income) - net — 203 11 (11 ) 2 205 Arbitration decision expense — — 275 — — 275 Other expense (income) - net (22 ) 25 31 (21 ) — 13 Equity in loss (earnings) of subsidiaries, net of tax (1,531 ) (628 ) (2,588 ) (1,716 ) 6,463 — Intercompany expense (income) - net 31 35 1,623 (1,689 ) — — Income (loss) before income taxes 1,514 271 1,419 4,960 (6,466 ) 1,698 Income tax expense (benefit) — (23 ) (119 ) 327 (1 ) 184 Net income (loss) 1,514 294 1,538 4,633 (6,465 ) 1,514 Less net loss (income) for noncontrolling interests — — — — — — Net income (loss) attributable to Eaton ordinary shareholders $ 1,514 $ 294 $ 1,538 $ 4,633 $ (6,465 ) $ 1,514 Other comprehensive income (loss) $ (426 ) $ (37 ) $ (394 ) $ (1,012 ) $ 1,443 $ (426 ) Total comprehensive income (loss) attributable to Eaton $ 1,088 $ 257 $ 1,144 $ 3,621 $ (5,022 ) $ 1,088 CONDENSED CONSOLIDATING BALANCE SHEETS SEPTEMBER 30, 2019 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Assets Current assets Cash $ — $ 222 $ — $ 327 $ — $ 549 Short-term investments — — — 281 — 281 Accounts receivable - net — 475 1,289 2,023 — 3,787 Intercompany accounts receivable 9 855 1,957 2,681 (5,502 ) — Inventory — 577 857 1,546 (79 ) 2,901 Prepaid expenses and other current assets — 100 32 347 15 494 Total current assets 9 2,229 4,135 7,205 (5,566 ) 8,012 Property, plant and equipment - net — 851 669 1,963 — 3,483 Other noncurrent assets Goodwill — 1,330 6,705 5,302 — 13,337 Other intangible assets — 123 2,941 1,593 — 4,657 Operating lease assets — 159 62 223 — 444 Deferred income taxes — 351 — 278 (335 ) 294 Investment in subsidiaries 16,939 26,627 73,052 27,306 (143,924 ) — Intercompany loans receivable 9 5,736 7,334 60,233 (73,312 ) — Other assets — 778 159 731 — 1,668 Total assets $ 16,957 $ 38,184 $ 95,057 $ 104,834 $ (223,137 ) $ 31,895 Liabilities and shareholders’ equity Current liabilities Short-term debt $ — $ — $ — $ 2 $ — $ 2 Current portion of long-term debt — 4 — 2 — 6 Accounts payable — 494 508 1,288 — 2,290 Intercompany accounts payable 9 1,355 2,981 1,157 (5,502 ) — Accrued compensation — 99 59 263 — 421 Other current liabilities 1 588 269 1,086 (2 ) 1,942 Total current liabilities 10 2,540 3,817 3,798 (5,504 ) 4,661 Noncurrent liabilities Long-term debt — 5,900 2,107 6 — 8,013 Pension liabilities — 378 127 734 — 1,239 Other postretirement benefits liabilities — 167 82 73 — 322 Operating lease liabilities — 116 47 170 — 333 Deferred income taxes — — 458 186 (335 ) 309 Intercompany loans payable 1,099 5,272 65,822 1,119 (73,312 ) — Other noncurrent liabilities — 454 304 360 — 1,118 Total noncurrent liabilities 1,099 12,287 68,947 2,648 (73,647 ) 11,334 Shareholders’ equity Eaton shareholders' equity 15,848 23,357 22,293 98,336 (143,986 ) 15,848 Noncontrolling interests — — — 52 — 52 Total equity 15,848 23,357 22,293 98,388 (143,986 ) 15,900 Total liabilities and equity $ 16,957 $ 38,184 $ 95,057 $ 104,834 $ (223,137 ) $ 31,895 CONDENSED CONSOLIDATING BALANCE SHEETS DECEMBER 31, 2018 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Assets Current assets Cash $ 1 $ 21 $ — $ 261 $ — $ 283 Short-term investments — — — 157 — 157 Accounts receivable - net — 483 1,400 1,975 — 3,858 Intercompany accounts receivable — 1,575 1,851 2,968 (6,394 ) — Inventory — 540 766 1,555 (76 ) 2,785 Prepaid expenses and other current assets — 107 32 354 14 507 Total current assets 1 2,726 4,049 7,270 (6,456 ) 7,590 Property, plant and equipment - net — 843 678 1,946 — 3,467 Other noncurrent assets Goodwill — 1,330 6,705 5,293 — 13,328 Other intangible assets — 128 3,054 1,664 — 4,846 Deferred income taxes — 340 — 288 (335 ) 293 Investment in subsidiaries 16,476 25,956 71,334 25,557 (139,323 ) — Intercompany loans receivable 1,508 5,912 8,406 59,078 (74,904 ) — Other assets — 746 117 705 — 1,568 Total assets $ 17,985 $ 37,981 $ 94,343 $ 101,801 $ (221,018 ) $ 31,092 Liabilities and shareholders’ equity Current liabilities Short-term debt $ — $ 388 $ — $ 26 $ — $ 414 Current portion of long-term debt — 338 — 1 — 339 Accounts payable — 476 416 1,238 — 2,130 Intercompany accounts payable 32 1,127 3,206 2,029 (6,394 ) — Accrued compensation — 135 71 251 — 457 Other current liabilities 30 525 259 1,002 (2 ) 1,814 Total current liabilities 62 2,989 3,952 4,547 (6,396 ) 5,154 Noncurrent liabilities Long-term debt — 5,814 945 7 2 6,768 Pension liabilities — 383 130 791 — 1,304 Other postretirement benefits liabilities — 166 83 72 — 321 Deferred income taxes — 1 508 175 (335 ) 349 Intercompany loans payable 1,816 5,182 66,507 1,399 (74,904 ) — Other noncurrent liabilities — 389 291 374 — 1,054 Total noncurrent liabilities 1,816 11,935 68,464 2,818 (75,237 ) 9,796 Shareholders’ equity Eaton shareholders' equity 16,107 23,057 21,927 94,401 (139,385 ) 16,107 Noncontrolling interests — — — 35 — 35 Total equity 16,107 23,057 21,927 94,436 (139,385 ) 16,142 Total liabilities and equity $ 17,985 $ 37,981 $ 94,343 $ 101,801 $ (221,018 ) $ 31,092 CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2019 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net cash provided by (used in) operating activities $ (67 ) $ 980 $ 415 $ 1,186 $ — $ 2,514 Investing activities Capital expenditures for property, plant and equipment — (74 ) (88 ) (279 ) — (441 ) Cash paid for acquisitions of businesses, net of cash acquired — — (30 ) (247 ) — (277 ) Sales (purchases) of short-term — — — (132 ) — (132 ) Loans to affiliates — (470 ) (280 ) (5,044 ) 5,794 — Repayments of loans from affiliates — 663 — 3,156 (3,819 ) — Proceeds (payments) for settlement of currency exchange contracts not designated as hedges - net — — — 26 — 26 Other - net — (21 ) 32 (19 ) — (8 ) Net cash provided by (used in) investing activities — 98 (366 ) (2,539 ) 1,975 (832 ) Financing activities Proceeds from borrowings — — 1,232 — — 1,232 Payments on borrowings — (726 ) — (31 ) — (757 ) Proceeds from borrowings from affiliates 1,927 2,689 428 750 (5,794 ) — Payments on borrowings from affiliates (16 ) (2,781 ) (458 ) (564 ) 3,819 — Other intercompany financing activities — (23 ) (1,239 ) 1,262 — — Cash dividends paid (907 ) — — — — (907 ) Exercise of employee stock options 40 — — — — 40 Repurchase of shares (978 ) — — — — (978 ) Employee taxes paid from shares withheld — (36 ) (6 ) (3 ) — (45 ) Other - net — — (6 ) (2 ) — (8 ) Net cash provided by (used in) financing activities 66 (877 ) (49 ) 1,412 (1,975 ) (1,423 ) Effect of currency on cash — — — 7 — 7 Total increase (decrease) in cash (1 ) 201 — 66 — 266 Cash at the beginning of the period 1 21 — 261 — 283 Cash at the end of the period $ — $ 222 $ — $ 327 $ — $ 549 CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2018 Eaton Corporation plc Eaton Corporation Guarantors Other subsidiaries Consolidating adjustments Total Net cash provided by (used in) operating activities $ (11 ) $ (174 ) $ 393 $ 1,718 $ (88 ) $ 1,838 Investing activities Capital expenditures for property, plant and equipment — (75 ) (74 ) (262 ) — (411 ) Sales (purchases) of short-term — — — 329 — 329 Investments in affiliates — (36 ) — — 36 — Loans to affiliates — (100 ) (84 ) (4,764 ) 4,948 — Repayments of loans from affiliates — 647 956 3,893 (5,496 ) — Proceeds (payments) for settlement of currency exchange contracts not designated as hedges - net — 11 — (133 ) — (122 ) Other - net — (26 ) 3 (29 ) — (52 ) Net cash provided by (used in) investing activities — 421 801 (966 ) (512 ) (256 ) Financing activities Proceeds from borrowings 4 65 — 11 — 80 Payments on borrowings — (450 ) (35 ) (1 ) — (486 ) Proceeds from borrowings from affiliates 2,671 1,995 183 99 (4,948 ) — Payments on borrowings from affiliates (1,227 ) (2,775 ) (654 ) (840 ) 5,496 — Capital contributions from affiliates — — — 36 (36 ) — Other intercompany financing activities — 788 (687 ) (101 ) — — Cash dividends paid (864 ) — — — — (864 ) Cash dividends paid to affiliates — — — (88 ) 88 — Exercise of employee stock options 28 — — — — 28 Repurchase of shares (600 ) — — — — (600 ) Employee taxes paid from shares withheld — (16 ) (5 ) (3 ) — (24 ) Other - net — (1 ) — (1 ) — (2 ) Net cash provided by (used in) financing activities 12 (394 ) (1,198 ) (888 ) 600 (1,868 ) Effect of currency on cash — — — 52 — 52 Total increase (decrease) in cash 1 (147 ) (4 ) (84 ) — (234 ) Cash at the beginning of the period — 183 18 360 — 561 Cash at the end of the period $ 1 $ 36 $ 14 $ 276 $ — $ 327

BASIS OF PRESENTATION - Narrati

BASIS OF PRESENTATION - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease assets	$ 444		$ 0
Operating Lease Liabilities	$ 457
Accounting Standards Update 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative-effect adjustment upon adoption		$ 1
Operating lease assets		435
Operating Lease Liabilities		$ 446

ACQUISITION AND DIVESTITURE O_2

ACQUISITION AND DIVESTITURE OF BUSINESSES (Details) - USD ($) $ in Millions	Jul. 22, 2019	Apr. 15, 2019	Jul. 31, 2019	Jun. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Oct. 15, 2019
Ulusoy Elektrik Imalat Taahhut ve Ticaret A.S.
Business Acquisition [Line Items]
Business Acquisition, Percentage of Interests Acquired		82.275%	93.70%
Business Acquisition, Pro Forma Revenue						$ 126
Payments to Acquire Businesses, Gross		$ 214
Business Combination, Consideration Transferred			$ 33
Innovative Switchgear Solutions, Inc. (ISG)
Business Acquisition [Line Items]
Business Acquisition, Pro Forma Revenue					$ 18
Souriau-Sunbank Connection Technologies
Business Acquisition [Line Items]
Business Acquisition, Pro Forma Revenue				$ 363
Business Combination, Consideration to be Transferred	$ 920
Lighting Business
Business Acquisition [Line Items]
Sales					$ 1,700
Lighting Business | Subsequent Event
Business Acquisition [Line Items]
Cash purchase price							$ 1,400

ACQUISITION, INTEGRATION AND _3

ACQUISITION, INTEGRATION AND DIVESTITURE CHARGES (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Acquisition, integration and divestiture charges [Line Items]
Acquisition integration and divestiture charges	$ 39	$ 0	$ 65	$ 0
Income taxes	4	0	5	0
Total after income taxes	$ 35	$ 0	$ 60	$ 0
Per ordinary share - diluted (dollars per share)	$ 0.08	$ 0	$ 0.14	$ 0
Electrical Products
Acquisition, integration and divestiture charges [Line Items]
Acquisition integration and divestiture charges	$ 4	$ 0	$ 6	$ 0
Electrical Systems and Services
Acquisition, integration and divestiture charges [Line Items]
Acquisition integration and divestiture charges	3	0	4	0
Corporate
Acquisition, integration and divestiture charges [Line Items]
Acquisition integration and divestiture charges	$ 32	$ 0	$ 55	$ 0

REVENUE RECOGNITION - Narrative

REVENUE RECOGNITION - Narrative (Details) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2019USD ($)segment	Dec. 31, 2018USD ($)
Revenue from Contract with Customer [Abstract]
Number of operating segments | segment	6
Accounts receivables from customers	$ 3,384	$ 3,402
Unbilled receivables	104	94
Backlog of unsatisfied or partially satisfied obligations	$ 5,400	$ 5,300
Backlog expected to be recognized in the next twelve months (as a percent)	86.00%	87.00%

REVENUE RECOGNITION - Schedule

REVENUE RECOGNITION - Schedule of Disaggregation of Sales (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Disaggregation of Revenue [Line Items]
Net sales	$ 5,314	$ 5,412	$ 16,152	$ 16,150
Electrical Products
Disaggregation of Revenue [Line Items]
Net sales	1,786	1,789	5,395	5,327
Electrical Products | United States
Disaggregation of Revenue [Line Items]
Net sales	1,073	1,055	3,235	3,048
Electrical Products | Rest of World
Disaggregation of Revenue [Line Items]
Net sales	713	734	2,160	2,279
Electrical Systems and Services
Disaggregation of Revenue [Line Items]
Net sales	1,572	1,519	4,618	4,413
Electrical Systems and Services | United States
Disaggregation of Revenue [Line Items]
Net sales	1,034	1,000	3,059	2,877
Electrical Systems and Services | Rest of World
Disaggregation of Revenue [Line Items]
Net sales	538	519	1,559	1,536
Hydraulics
Disaggregation of Revenue [Line Items]
Net sales	603	670	1,987	2,103
Hydraulics | United States
Disaggregation of Revenue [Line Items]
Net sales	267	301	863	907
Hydraulics | Rest of World
Disaggregation of Revenue [Line Items]
Net sales	336	369	1,124	1,196
Aerospace
Disaggregation of Revenue [Line Items]
Net sales	513	478	1,532	1,399
Aerospace | Original Equipment Manufacturers
Disaggregation of Revenue [Line Items]
Net sales	298	269	884	799
Aerospace | Aftermarket, Distribution and End User
Disaggregation of Revenue [Line Items]
Net sales	215	209	648	600
Vehicle
Disaggregation of Revenue [Line Items]
Net sales	761	876	2,374	2,668
Vehicle | Commercial
Disaggregation of Revenue [Line Items]
Net sales	371	451	1,227	1,333
Vehicle | Passenger and Light Duty
Disaggregation of Revenue [Line Items]
Net sales	390	425	1,147	1,335
eMobility
Disaggregation of Revenue [Line Items]
Net sales	$ 79	$ 80	$ 246	$ 240

REVENUE RECOGNITION - Schedul_2

REVENUE RECOGNITION - Schedule of Changes in Deferred Revenue Liabilities (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Movement in Deferred Revenue [Roll Forward]
Beginning balance	$ 248	$ 227
Customer deposits and billings	680	696
Revenue recognized in the period	(683)	(676)
Translation	1	(6)
Ending balance	$ 246	$ 241

GOODWILL (Details)

GOODWILL (Details) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 13,328
Additions	164
Translation	(155)
Ending balance	13,337
Electrical Products
Goodwill [Roll Forward]
Beginning balance	6,562
Additions	0
Translation	(97)
Ending balance	6,465
Electrical Systems and Services
Goodwill [Roll Forward]
Beginning balance	4,241
Additions	164
Translation	(29)
Ending balance	4,376
Hydraulics
Goodwill [Roll Forward]
Beginning balance	1,212
Additions	0
Translation	(23)
Ending balance	1,189
Aerospace
Goodwill [Roll Forward]
Beginning balance	941
Additions	0
Translation	(3)
Ending balance	938
Vehicle
Goodwill [Roll Forward]
Beginning balance	292
Additions	0
Translation	(3)
Ending balance	289
eMobility
Goodwill [Roll Forward]
Beginning balance	80
Additions	0
Translation	0
Ending balance	$ 80

LEASES - Components of Lease Ex

LEASES - Components of Lease Expense (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019
Leases [Abstract]
Operating lease cost	$ 41	$ 119
Finance lease cost - Amortization of lease assets	1	3
Interest on lease liabilities	0	1
Short-term lease cost	13	40
Variable lease cost	6	17
Sublease income	(1)	(3)
Total lease cost	$ 60	$ 177

LEASES - Narrative (Details)

LEASES - Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)
Leases [Abstract]
Net gain (loss) on sale leaseback transaction	$ 16

LEASES - Supplemental Cash Flow

LEASES - Supplemental Cash Flow Information Related To Leases (Details) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows - payments on operating leases	$ (118)
Operating cash outflows - interest payments on finance leases	(1)
Financing cash outflows - payments on finance lease obligations	(3)
Lease assets obtained in exchange for new lease obligations:
Operating leases	95
Finance leases	$ 17

LEASES - Supplemental Balance S

LEASES - Supplemental Balance Sheet Information Related to Leases (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Lessee, Lease, Description [Line Items]
Operating lease assets	$ 444	$ 0
Other current liabilities	124
Operating lease liabilities	333	$ 0
Total operating lease liabilities	457
Accumulated depreciation	(14)
Net property, plant and equipment	19
Current portion of long-term debt	6
Long-term debt	14
Total finance lease liabilities	$ 20
Operating leases, weighted average remaining term	5 years 1 month 6 days
Finance leases, weighted average remaining lease term	3 years 7 months 6 days
Operating Lease, weighted average discount rate	3.60%
Finance Lease, weighted average discount rate	5.90%
Land and Building
Lessee, Lease, Description [Line Items]
Finance Lease, right-of-use asset	$ 16
Machinery and Equipment
Lessee, Lease, Description [Line Items]
Finance Lease, right-of-use asset	$ 17

LEASES - Maturities of Lease Li

LEASES - Maturities of Lease Liabilities Operating and Financing (Details) $ in Millions	Sep. 30, 2019USD ($)
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2019	$ 40
2020	137
2021	106
2022	75
2023	50
Thereafter	105
Total lease payments	513
Less imputed interest	56
Operating Lease Liabilities	457
Finance Lease, Liability, Payment, Due [Abstract]
2019	2
2020	7
2021	6
2022	4
2023	3
Thereafter	1
Total lease payments	23
Less imputed interest	3
Total finance lease liabilities	$ 20

LEASES - Maturities of Lease _2

LEASES - Maturities of Lease Liabilities (Details) $ in Millions	Dec. 31, 2018USD ($)
Leases [Abstract]
2019	$ 165
2020	133
2021	106
2022	75
2023	53
Thereafter	110
Total lease payments	$ 642

DEBT (Details)

DEBT (Details) - May 14, 2019 € in Millions, $ in Millions	EUR (€)	USD ($)	USD ($)
Debt Instrument [Line Items]
Debt Instrument, Face Amount	€ 1,100		$ 1,232
Proceeds from Issuance of Debt	1,097	$ 1,229
Tranche One
Debt Instrument [Line Items]
Debt Instrument, Face Amount	€ 600
Debt Instrument, Interest Rate, Stated Percentage	0.02%		0.02%
Tranche Two
Debt Instrument [Line Items]
Debt Instrument, Face Amount	€ 500
Debt Instrument, Interest Rate, Stated Percentage	0.70%		0.70%

RETIREMENT BENEFIT PLANS (Detai

RETIREMENT BENEFIT PLANS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Pension plan | Non-United States pension benefit expense
Retirement benefits plans expense
Service cost	$ 14	$ 16	$ 43	$ 48
Interest cost	13	13	42	40
Expected return on plan assets	(25)	(27)	(79)	(80)
Amortization	10	9	29	29
Total	12	11	35	37
Settlements, curtailments and special termination benefits	2	1	3	1
Total expense	14	12	38	38
Pension plan | United States pension benefit expense
Retirement benefits plans expense
Service cost	22	25	68	75
Interest cost	35	30	103	91
Expected return on plan assets	(59)	(63)	(176)	(190)
Amortization	15	24	46	71
Total	13	16	41	47
Settlements, curtailments and special termination benefits	13	13	36	38
Total expense	26	29	77	85
Other postretirement benefits expense
Retirement benefits plans expense
Service cost	0	1	1	2
Interest cost	3	3	10	10
Expected return on plan assets	0	0	(1)	(2)
Amortization	(3)	(4)	(10)	(10)
Total	0	0	0	0
Settlements, curtailments and special termination benefits	0	0	0	0
Total expense	$ 0	$ 0	$ 0	$ 0

LEGAL CONTINGENCIES (Details)

LEGAL CONTINGENCIES (Details) - Pneumo Abex Case - USD ($) $ in Millions	Nov. 28, 2018	Aug. 23, 2018	Jul. 11, 2018
Loss Contingencies [Line Items]
Loss Contingency, Damages Sought, Value			$ 347
Amount awarded to other party		$ 293
Payments for Legal Settlements	$ 297

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Income Tax Contingency [Line Items]
Income tax rate, percent	16.00%	5.20%	14.50%	10.80%
Income tax expense	$ 116	$ 23	$ 299	$ 184
Pneumo Abex Case
Income Tax Contingency [Line Items]
Income tax expense		$ (69)

EQUITY - Changes in Shareholder

EQUITY - Changes in Shareholders's Equity (Details) - USD ($) $ in Millions	3 Months Ended						9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018	Feb. 27, 2019	Feb. 24, 2016
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 16,361	$ 16,267	$ 16,142	$ 16,725	$ 17,301	$ 17,290	$ 16,142	$ 17,290
Net income	602	636	522	416	611	487	1,760	1,514
Other comprehensive income (loss), net of tax	(259)	(30)	67	(98)	(624)	296	(222)	(426)
Cash dividends paid and accrued	(298)	(301)	(310)	(286)	(289)	(290)
Issuance of shares under equity-based compensation plans	37	27	(4)	32	29	17
Changes in noncontrolling interest of consolidated subsidiaries - net					(3)	2
Acquisition of a business		51
Acquisition of noncontrolling interest obtained through tender offer	(4)	(29)
Repurchase of shares	(539)	(260)	(150)		(300)	(300)
Ending balance	15,900	16,361	16,267	16,789	16,725	17,301	15,900	16,789
Ordinary shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 4	$ 4	$ 4	$ 4	$ 4	$ 4	$ 4	$ 4
Beginning balance, shares	420,000,000	423,100,000	423,600,000	433,300,000	437,300,000	439,900,000	423,600,000	439,900,000
Issuance of shares under equity-based compensation plans, shares	200,000	100,000	1,400,000	100,000		1,100,000
Repurchase of shares, shares	(6,800,000)	(3,200,000)	(1,900,000)		(4,000,000)	(3,700,000)
Ending balance, shares	413,400,000	420,000,000	423,100,000	433,400,000	433,300,000	437,300,000	413,400,000	433,400,000
Ending balance	$ 4	$ 4	$ 4	$ 4	$ 4	$ 4	$ 4	$ 4
Capital in excess of par value
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	12,112	12,085	12,090	12,033	12,005	11,987	12,090	11,987
Issuance of shares under equity-based compensation plans	39	27	(5)	33	28	18
Ending balance	12,151	12,112	12,085	12,066	12,033	12,005	12,151	12,066
Retained earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	8,300	8,225	8,161	8,387	8,365	8,669	8,161	8,669
Net income	601	636	522	416	610	488
Cash dividends paid and accrued	(298)	(300)	(309)	(286)	(288)	(290)
Issuance of shares under equity-based compensation plans	(2)	(1)	1			(1)
Repurchase of shares	(539)	(260)	(150)		(300)	(300)
Ending balance	8,062	8,300	8,225	8,517	8,387	8,365	8,062	8,517
Accumulated other comprehensive loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	(4,108)	(4,078)	(4,145)	(3,732)	(3,108)	(3,404)	(4,145)	(3,404)
Other comprehensive income (loss), net of tax	(259)	(30)	67	(98)	(624)	296
Ending balance	(4,367)	(4,108)	(4,078)	(3,830)	(3,732)	(3,108)	(4,367)	(3,830)
Shares held in trust
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	(2)	(3)	(3)	(2)	(3)	(3)	(3)	(3)
Issuance of shares under equity-based compensation plans	0	1		(1)	1
Ending balance	(2)	(2)	(3)	(3)	(2)	(3)	(2)	(3)
Eaton shareholders’ equity
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	16,306	16,233	16,107	16,690	17,263	17,253	16,107	17,253
Net income	601	636	522	416	610	488
Other comprehensive income (loss), net of tax	(259)	(30)	67	(98)	(624)	296
Cash dividends paid and accrued	(298)	(300)	(309)	(286)	(288)	(290)
Issuance of shares under equity-based compensation plans	37	27	(4)	32	29	17
Repurchase of shares	(539)	(260)	(150)		(300)	(300)
Ending balance	15,848	16,306	16,233	16,754	16,690	17,263	15,848	16,754
Noncontrolling interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	55	34	35	35	38	37	35	37
Net income	1				1	(1)
Cash dividends paid and accrued	0	(1)	(1)		(1)
Changes in noncontrolling interest of consolidated subsidiaries - net					(3)	2
Acquisition of a business		51
Acquisition of noncontrolling interest obtained through tender offer	(4)	(29)
Ending balance	$ 52	$ 55	$ 34	$ 35	$ 35	38	$ 52	$ 35
Cumulative-effect adjustment upon adoption of ASU 2014-09
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative-effect adjustment upon adoption						(2)
Cumulative-effect adjustment upon adoption of ASU 2014-09 | Retained earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative-effect adjustment upon adoption						(2)
Cumulative-effect adjustment upon adoption of ASU 2014-09 | Eaton shareholders’ equity
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative-effect adjustment upon adoption						(2)
Cumulative-effect adjustment upon adoption of ASU 2016-16
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative-effect adjustment upon adoption						(199)
Cumulative-effect adjustment upon adoption of ASU 2016-16 | Retained earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative-effect adjustment upon adoption						(199)
Cumulative-effect adjustment upon adoption of ASU 2016-16 | Eaton shareholders’ equity
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative-effect adjustment upon adoption						$ (199)
2016 Program
Accumulated Other Comprehensive Income (Loss) [Line Items]
Share repurchase program, authorized (in shares)										2,500,000,000
Ordinary shares purchased (in shares)								7,700,000
Shares repurchased								$ 600
2019 Program
Accumulated Other Comprehensive Income (Loss) [Line Items]
Share repurchase program, authorized (in shares)									5,000,000,000
Ordinary shares purchased (in shares)	6,800,000						11,900,000
Shares repurchased	$ 539						$ 949

EQUITY - Changes in Accumulated

EQUITY - Changes in Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Millions	3 Months Ended						9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			$ (4,145)				$ (4,145)
Other comprehensive (loss) income before reclassifications							(300)
Amounts reclassified from Accumulated other comprehensive loss							78
Other comprehensive loss attributable to Eaton ordinary shareholders	$ (259)	$ (30)	67	$ (98)	$ (624)	$ 296	(222)	$ (426)
Ending balance	(4,367)						(4,367)
Currency translation and related hedging instruments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			(2,864)				(2,864)
Other comprehensive (loss) income before reclassifications							(235)
Amounts reclassified from Accumulated other comprehensive loss							0
Other comprehensive loss attributable to Eaton ordinary shareholders							(235)
Ending balance	(3,099)						(3,099)
Pensions and other postretirement benefits
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			(1,278)				(1,278)
Other comprehensive (loss) income before reclassifications							7
Amounts reclassified from Accumulated other comprehensive loss							81
Other comprehensive loss attributable to Eaton ordinary shareholders							88
Ending balance	(1,190)						(1,190)
Cash flow hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			(3)				(3)
Other comprehensive (loss) income before reclassifications							(72)
Amounts reclassified from Accumulated other comprehensive loss							(3)
Other comprehensive loss attributable to Eaton ordinary shareholders							(75)
Ending balance	(78)						(78)
Accumulated other comprehensive loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			(4,145)				(4,145)
Other comprehensive loss attributable to Eaton ordinary shareholders	(259)	$ (30)	$ 67	$ (98)	$ (624)	$ 296
Ending balance	$ (4,367)						$ (4,367)

EQUITY - Reclassifications Out

EQUITY - Reclassifications Out of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Currency exchange contracts		$ 3,512	$ 3,597	$ 10,782	$ 10,841
Income tax expense		$ 116	$ 23	299	$ 184
Total reclassifications for the period				(78)
Gains and (losses) on cash flow hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications for the period				3
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications for the period				(78)
Reclassification out of Accumulated Other Comprehensive Income | Amortization of defined benefit pensions and other postretirement benefits items
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Actuarial loss and prior service cost	[1]			(104)
Income tax expense				23
Total reclassifications for the period				(81)
Currency exchange contracts | Reclassification out of Accumulated Other Comprehensive Income | Gains and (losses) on cash flow hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Currency exchange contracts				4
Income tax expense				(1)
Total reclassifications for the period				$ 3
[1]	These components of Accumulated other comprehensive loss are included in the computation of net periodic benefit cost. See Note 8 for additional information about pension and other postretirement benefits items.

EQUITY - Calculation of Net Inc

EQUITY - 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, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Calculation of net income per ordinary share attributable to ordinary shareholders
Net Income Attributable to Eaton ordinary shareholders	$ 601	$ 416	$ 1,759	$ 1,514
Weighted-average number of ordinary shares outstanding - diluted (shares)	418.4	436.3	422.5	438.4
Less dilutive effect of equity-based compensation (shares)	1.8	2.8	1.8	2.6
Weighted-average number of ordinary shares outstanding - basic (shares)	416.6	433.5	420.7	435.8
Net income per share attributable to Eaton ordinary shareholders
Diluted (usd per share)	$ 1.44	$ 0.95	$ 4.16	$ 3.45
Basic (usd per share)	$ 1.44	$ 0.96	$ 4.18	$ 3.47
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0.8	0.5	1.1	0.4

FAIR VALUE MEASUREMENTS - Summa

FAIR VALUE MEASUREMENTS - Summary of Financial Instruments at Fair Value (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Cash	$ 549	$ 283	$ 327	$ 561
Short-term investments	281	157
Net derivative contracts	(52)	14
Level 1
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Cash	549	283
Short-term investments	281	157
Net derivative contracts	0	0
Level 2
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Cash	0	0
Short-term investments	0	0
Net derivative contracts	(52)	14
Level 3
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

FAIR VALUE MEASUREMENTS - Other

FAIR VALUE MEASUREMENTS - Other Fair Value Measurements (Details) - Level 2 - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Other Fair Value Measurements [Line Items]
Carrying value of long-term debt and current portion of long-term debt	$ 8,019	$ 7,107
Fair value of long-term debt and current portion of long-term debt	$ 8,600	$ 7,061

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Derivative Financial Instrument Recognized in the Consolidated Balance sheet (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Derivatives, Fair Value [Line Items]
Foreign currency note payable, noncurrent, pre-tax	$ 1,788	$ 623
Derivatives not designated as hedges
Percentage of intercompany balance sheet exposure	100.00%
Other current assets
Derivatives designated as hedges
Derivative asset designated as hedging instrument	$ 11	19
Derivatives not designated as hedges
Derivative instruments not designated as hedging instruments, asset, at fair value	14	40
Other noncurrent assets
Derivatives designated as hedges
Derivative asset designated as hedging instrument	72	24
Other current liabilities
Derivatives designated as hedges
Derivative liability designated as hedging instrument	17	12
Derivatives not designated as hedges
Derivative instruments not designated as hedging instruments, liability, at fair value	41	20
Other noncurrent liabilities
Derivatives designated as hedges
Derivative liability designated as hedging instrument	91	37
Currency exchange contracts | Other current assets
Derivatives not designated as hedges
Derivative instruments not designated as hedging instruments, asset, at fair value	14	40
Currency exchange contracts | Other current liabilities
Derivatives not designated as hedges
Derivative instruments not designated as hedging instruments, liability, at fair value	41	20
Derivatives designated as hedges | Fair value hedging | Fixed-to-floating interest rate swaps
Derivatives designated as hedges
Notional amount	2,225	2,550
Derivatives designated as hedges | Fair value hedging | Fixed-to-floating interest rate swaps | Other current assets
Derivatives designated as hedges
Derivative asset designated as hedging instrument	0	0
Derivatives designated as hedges | Fair value hedging | Fixed-to-floating interest rate swaps | Other noncurrent assets
Derivatives designated as hedges
Derivative asset designated as hedging instrument	71	22
Derivatives designated as hedges | Fair value hedging | Fixed-to-floating interest rate swaps | Other current liabilities
Derivatives designated as hedges
Derivative liability designated as hedging instrument	0	1
Derivatives designated as hedges | Fair value hedging | Fixed-to-floating interest rate swaps | Other noncurrent liabilities
Derivatives designated as hedges
Derivative liability designated as hedging instrument	0	26
Derivatives designated as hedges | Cash Flow Hedging | Forward starting floating-to-fixed interest rate swaps
Derivatives designated as hedges
Notional amount	500	100
Derivatives designated as hedges | Cash Flow Hedging | Forward starting floating-to-fixed interest rate swaps | Other current assets
Derivatives designated as hedges
Derivative asset designated as hedging instrument	0	0
Derivatives designated as hedges | Cash Flow Hedging | Forward starting floating-to-fixed interest rate swaps | Other noncurrent assets
Derivatives designated as hedges
Derivative asset designated as hedging instrument	1	0
Derivatives designated as hedges | Cash Flow Hedging | Forward starting floating-to-fixed interest rate swaps | Other current liabilities
Derivatives designated as hedges
Derivative liability designated as hedging instrument	0	0
Derivatives designated as hedges | Cash Flow Hedging | Forward starting floating-to-fixed interest rate swaps | Other noncurrent liabilities
Derivatives designated as hedges
Derivative liability designated as hedging instrument	77	3
Derivatives designated as hedges | Cash Flow Hedging | Currency exchange contracts
Derivatives designated as hedges
Notional amount	1,104	951
Derivatives designated as hedges | Cash Flow Hedging | Currency exchange contracts | Other current assets
Derivatives designated as hedges
Derivative asset designated as hedging instrument	11	19
Derivatives designated as hedges | Cash Flow Hedging | Currency exchange contracts | Other noncurrent assets
Derivatives designated as hedges
Derivative asset designated as hedging instrument	0	2
Derivatives designated as hedges | Cash Flow Hedging | Currency exchange contracts | Other current liabilities
Derivatives designated as hedges
Derivative liability designated as hedging instrument	17	11
Derivatives designated as hedges | Cash Flow Hedging | Currency exchange contracts | Other noncurrent liabilities
Derivatives designated as hedges
Derivative liability designated as hedging instrument	14	8
Derivatives designated as hedges | Cash Flow Hedging | Commodity contracts
Derivatives designated as hedges
Notional amount	11
Derivatives designated as hedges | Cash Flow Hedging | Commodity contracts | Other current assets
Derivatives designated as hedges
Derivative asset designated as hedging instrument	0
Derivatives designated as hedges | Cash Flow Hedging | Commodity contracts | Other noncurrent assets
Derivatives designated as hedges
Derivative asset designated as hedging instrument	0
Derivatives designated as hedges | Cash Flow Hedging | Commodity contracts | Other current liabilities
Derivatives designated as hedges
Derivative liability designated as hedging instrument	0
Derivatives designated as hedges | Cash Flow Hedging | Commodity contracts | Other noncurrent liabilities
Derivatives designated as hedges
Derivative liability designated as hedging instrument	0
Derivatives not designated as hedges | Currency exchange contracts
Derivatives designated as hedges
Notional amount	$ 4,364	$ 3,886
Minimum | Commodity contracts
Derivatives, Fair Value [Line Items]
Derivative, term of contract	1 month
Minimum | Derivatives designated as hedges | Fair value hedging | Fixed-to-floating interest rate swaps
Derivatives, Fair Value [Line Items]
Derivative, term of contract	15 months	3 months
Minimum | Derivatives designated as hedges | Cash Flow Hedging | Forward starting floating-to-fixed interest rate swaps
Derivatives, Fair Value [Line Items]
Derivative, remaining maturity	14 years	34 years
Minimum | Derivatives designated as hedges | Cash Flow Hedging | Currency exchange contracts
Derivatives, Fair Value [Line Items]
Derivative, term of contract	1 month	1 month
Minimum | Derivatives designated as hedges | Cash Flow Hedging | Commodity contracts
Derivatives, Fair Value [Line Items]
Derivative, term of contract	1 month
Minimum | Derivatives not designated as hedges | Currency exchange contracts
Derivatives, Fair Value [Line Items]
Derivative, term of contract	1 month	1 month
Maximum | Commodity contracts
Derivatives, Fair Value [Line Items]
Derivative, term of contract	7 months
Maximum | Derivatives designated as hedges | Fair value hedging | Fixed-to-floating interest rate swaps
Derivatives, Fair Value [Line Items]
Derivative, term of contract	16 years	16 years
Maximum | Derivatives designated as hedges | Fair value hedging | Forward starting floating-to-fixed interest rate swaps
Derivatives, Fair Value [Line Items]
Derivative, remaining maturity	34 years	34 years
Maximum | Derivatives designated as hedges | Cash Flow Hedging | Currency exchange contracts
Derivatives, Fair Value [Line Items]
Derivative, term of contract	36 months	36 months
Maximum | Derivatives designated as hedges | Cash Flow Hedging | Commodity contracts
Derivatives, Fair Value [Line Items]
Derivative, term of contract	7 months
Maximum | Derivatives not designated as hedges | Currency exchange contracts
Derivatives, Fair Value [Line Items]
Derivative, term of contract	12 months	12 months

DERIVATIVE FINANCIAL INSTRUME_4

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Volume of Outstanding Commodity Contracts (Details) - Commodity contracts lb in Millions	9 Months Ended
	Sep. 30, 2019lb
Derivative [Line Items]
Derivative, outstanding commodity contract	4
Minimum
Derivative [Line Items]
Derivative, term of contract	1 month
Maximum
Derivative [Line Items]
Derivative, term of contract	7 months

DERIVATIVE FINANCIAL INSTRUME_5

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Amounts Recorded on Balance Sheet Related to Fixed-to-Floating Interest Rate Swaps (Details) - Long-term debt $ in Millions	Sep. 30, 2019USD ($)
Derivative [Line Items]
Discontinued hedge, cumulative adjustment	$ (41)
Interest Rate Swap
Derivative [Line Items]
Carrying amount of the hedged assets (liabilities)	(2,838)
Cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged asset (liabilities)	$ (112)

DERIVATIVE FINANCIAL INSTRUME_6

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Impact of Derivative on Consolidated Statement of Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Net sales	$ 5,314	$ 5,412	$ 16,152	$ 16,150
Cost of products sold	3,512	$ 3,597	10,782	$ 10,841
Interest expense - net	54		183
Cash Flow Hedging | Net Sales | Currency exchange contracts
Derivative [Line Items]
Gain (loss) on hedged item	1		6
Gain (loss) on hedging instrument	(1)		(6)
Cash Flow Hedging | Net Sales | Commodity contracts
Derivative [Line Items]
Gain (loss) on hedged item	0		0
Gain (loss) on hedging instrument	0		0
Cash Flow Hedging | Cost of products sold | Currency exchange contracts
Derivative [Line Items]
Gain (loss) on hedged item	(1)		(10)
Gain (loss) on hedging instrument	1		10
Cash Flow Hedging | Cost of products sold | Commodity contracts
Derivative [Line Items]
Gain (loss) on hedged item	0		0
Gain (loss) on hedging instrument	0		0
Cash Flow Hedging | Interest expense - net | Currency exchange contracts
Derivative [Line Items]
Gain (loss) on hedged item	0		0
Gain (loss) on hedging instrument	0		0
Cash Flow Hedging | Interest expense - net | Commodity contracts
Derivative [Line Items]
Gain (loss) on hedged item	0		0
Gain (loss) on hedging instrument	0		0
Fair value hedging | Net Sales | Interest Rate Swap
Derivative [Line Items]
Gain (loss) on hedged item	0		0
Gain (loss) on hedging instrument	0		0
Fair value hedging | Cost of products sold | Interest Rate Swap
Derivative [Line Items]
Gain (loss) on hedged item	0		0
Gain (loss) on hedging instrument	0		0
Fair value hedging | Interest expense - net | Interest Rate Swap
Derivative [Line Items]
Gain (loss) on hedged item	(13)		(76)
Gain (loss) on hedging instrument	$ 13		$ 76

DERIVATIVE FINANCIAL INSTRUME_7

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Impact of Derivatives Not Designated as Hedges (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivatives not designated as hedges	$ (39)	$ 9
Currency exchange contracts | Other income (expense) - net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivatives not designated as hedges	(40)	8
Commodity contracts | Cost of products sold
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivatives not designated as hedges	$ 1	$ 1

DERIVATIVE FINANCIAL INSTRUME_8

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Amounts Recognized in Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Cash flow hedge gain (loss) to be reclassified within the next twelve months			$ 5	$ (9)
Interest expense - net | Forward starting floating-to-fixed interest rate swaps | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in other comprehensive (loss) income	$ (46)	$ 0	(73)	0
Gain (loss) reclassified from Accumulated other comprehensive loss	0	0	0	0
Net sales and Cost of products sold [Member] | Currency exchange contracts | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in other comprehensive (loss) income	(8)	(12)	(18)	(14)
Gain (loss) reclassified from Accumulated other comprehensive loss	0	(4)	4	(12)
Cost of products sold | Commodity contracts | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in other comprehensive (loss) income	0	0	0	0
Gain (loss) reclassified from Accumulated other comprehensive loss	0	0	0	0
Other income (expense) - net | Net Investment Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in other comprehensive (loss) income	3	5	15	22
Gain (loss) reclassified from Accumulated other comprehensive loss	0	0	0	0
Total | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Total, gain (loss) on derivative and net investment hedge recognized in other comprehensive (loss) income	(51)	(7)	(76)	8
Total, gain (loss) on derivative and net investment hedge recognized in accumulated other comprehensive (loss) income	$ 0	$ (4)	$ 4	$ (12)

INVENTORY (Details)

INVENTORY (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Inventory Disclosure [Abstract]
Raw materials	$ 1,094	$ 1,077
Work-in-process	578	500
Finished goods	1,229	1,208
Total inventory	$ 2,901	$ 2,785

BUSINESS SEGMENT INFORMATION (D

BUSINESS SEGMENT INFORMATION (Details) - USD ($) $ in Millions	3 Months Ended						9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018
Business Segment Information
Net sales	$ 5,314			$ 5,412			$ 16,152	$ 16,150
Corporate
Interest expense - net	54			67			183	205
Pension and other postretirement benefits expense							(115)	(123)
Arbitration decision expense	0			275			0	275
Other corporate expense - net	(2)			7			(35)	13
Income before income taxes	718			439			2,059	1,698
Income tax expense	116			23			299	184
Net income	602	$ 636	$ 522	416	$ 611	$ 487	1,760	1,514
Less net loss (income) for noncontrolling interests	(1)			0			(1)	0
Net Income Attributable to Eaton ordinary shareholders	601			416			1,759	1,514
Electrical Products
Business Segment Information
Net sales	1,786			1,789			5,395	5,327
Electrical Systems and Services
Business Segment Information
Net sales	1,572			1,519			4,618	4,413
Hydraulics
Business Segment Information
Net sales	603			670			1,987	2,103
Aerospace
Business Segment Information
Net sales	513			478			1,532	1,399
Vehicle
Business Segment Information
Net sales	761			876			2,374	2,668
eMobility
Business Segment Information
Net sales	79			80			246	240
Total business segments
Business Segment Information
Net sales	5,314			5,412			16,152	16,150
Segment operating profit	986			952			2,818	2,680
Total business segments | Electrical Products
Business Segment Information
Net sales	1,786			1,789			5,395	5,327
Segment operating profit	358			343			1,050	984
Total business segments | Electrical Systems and Services
Business Segment Information
Net sales	1,572			1,519			4,618	4,413
Segment operating profit	284			234			751	628
Total business segments | Hydraulics
Business Segment Information
Net sales	603			670			1,987	2,103
Segment operating profit	72			94			232	285
Total business segments | Aerospace
Business Segment Information
Net sales	513			478			1,532	1,399
Segment operating profit	129			105			372	284
Total business segments | Vehicle
Business Segment Information
Net sales	761			876			2,374	2,668
Segment operating profit	139			166			397	464
Total business segments | eMobility
Business Segment Information
Net sales	79			80			246	240
Segment operating profit	4			10			16	35
Corporate
Corporate
Amortization of intangible assets	(93)			(95)			(280)	(289)
Interest expense - net	(54)			(67)			(183)	(205)
Pension and other postretirement benefits expense	(5)			(3)			(7)	(4)
Arbitration decision expense	0			(275)			0	(275)
Other corporate expense - net	$ (116)			$ (73)			$ (289)	$ (209)

CONDENSED CONSOLIDATING FINAN_3

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS - Narrative (Details)	May 14, 2019	Sep. 15, 2017	Oct. 14, 2016
Condensed Financial Information Disclosure [Abstract]
Eaton and certain other 100% owned subsidiaries guarantee of Senior Debt	100.00%	100.00%	100.00%

CONDENSED CONSOLIDATING FINAN_4

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS - Consolidating Statements of Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended						9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018
Consolidating Statements of Comprehensive Income, Captions [Line Items]
Net sales	$ 5,314			$ 5,412			$ 16,152	$ 16,150
Cost of products sold	3,512			3,597			10,782	10,841
Selling and administrative expense	885			889			2,709	2,679
Research and development expense	147			138			454	439
Interest expense (income) - net	54			67			183	205
Arbitration decision expense	0			275			0	275
Other (income) expense - net	(2)			7			(35)	13
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	718			439			2,059	1,698
Income tax expense (benefit)	116			23			299	184
Net income	602	$ 636	$ 522	416	$ 611	$ 487	1,760	1,514
Less net loss (income) for noncontrolling interests	(1)			0			(1)	0
Net income attributable to Eaton ordinary shareholders	601			416			1,759	1,514
Other comprehensive income (loss)	(259)	$ (30)	$ 67	(98)	$ (624)	$ 296	(222)	(426)
Total comprehensive income attributable to Eaton ordinary shareholders	342			318			1,537	1,088
Guarantors
Consolidating Statements of Comprehensive Income, Captions [Line Items]
Net sales	1,826			1,814			5,548	5,304
Cost of products sold	1,301			1,320			3,967	3,845
Selling and administrative expense	199			197			609	575
Research and development expense	35			37			110	113
Interest expense (income) - net	5			3			14	11
Arbitration decision expense				275				275
Other (income) expense - net	2			4			(20)	31
Equity in loss (earnings) of subsidiaries, net of tax	(797)			(892)			(2,359)	(2,588)
Intercompany expense (income) - net	513			579			1,386	1,623
Income before income taxes	568			291			1,841	1,419
Income tax expense (benefit)	(27)			(91)			(62)	(119)
Net income	595			382			1,903	1,538
Less net loss (income) for noncontrolling interests	0			0			0	0
Net income attributable to Eaton ordinary shareholders	595			382			1,903	1,538
Other comprehensive income (loss)	(268)			(94)			(215)	(394)
Total comprehensive income attributable to Eaton ordinary shareholders	327			288			1,688	1,144
Other subsidiaries
Consolidating Statements of Comprehensive Income, Captions [Line Items]
Net sales	2,996			3,134			9,168	9,567
Cost of products sold	2,127			2,202			6,552	6,824
Selling and administrative expense	316			333			1,003	1,003
Research and development expense	75			68			231	217
Interest expense (income) - net	(10)			(4)			(23)	(11)
Arbitration decision expense				0				0
Other (income) expense - net	(8)			(5)			(4)	(21)
Equity in loss (earnings) of subsidiaries, net of tax	(677)			(433)			(2,072)	(1,716)
Intercompany expense (income) - net	(470)			(626)			(1,368)	(1,689)
Income before income taxes	1,643			1,599			4,849	4,960
Income tax expense (benefit)	139			124			343	327
Net income	1,504			1,475			4,506	4,633
Less net loss (income) for noncontrolling interests	(1)			0			(1)	0
Net income attributable to Eaton ordinary shareholders	1,503			1,475			4,505	4,633
Other comprehensive income (loss)	(705)			(240)			(612)	(1,012)
Total comprehensive income attributable to Eaton ordinary shareholders	798			1,235			3,893	3,621
Consolidating adjustments
Consolidating Statements of Comprehensive Income, Captions [Line Items]
Net sales	(1,252)			(1,344)			(3,890)	(4,027)
Cost of products sold	(1,255)			(1,344)			(3,887)	(4,026)
Selling and administrative expense	0			0			0	0
Research and development expense	0			0			0	0
Interest expense (income) - net	0			0			(2)	2
Arbitration decision expense				0				0
Other (income) expense - net	0			0			0	0
Equity in loss (earnings) of subsidiaries, net of tax	2,302			1,946			6,915	6,463
Intercompany expense (income) - net	0			0			0	0
Income before income taxes	(2,299)			(1,946)			(6,916)	(6,466)
Income tax expense (benefit)	1			0			0	(1)
Net income	(2,300)			(1,946)			(6,916)	(6,465)
Less net loss (income) for noncontrolling interests	0			0			0	0
Net income attributable to Eaton ordinary shareholders	(2,300)			(1,946)			(6,916)	(6,465)
Other comprehensive income (loss)	999			356			849	1,443
Total comprehensive income attributable to Eaton ordinary shareholders	(1,301)			(1,590)			(6,067)	(5,022)
Eaton Corporation plc
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			3			8	8
Research and development expense	0			0			0	0
Interest expense (income) - net	0			0			0	0
Arbitration decision expense				0				0
Other (income) expense - net	1			(3)			(12)	(22)
Equity in loss (earnings) of subsidiaries, net of tax	(611)			(430)			(1,785)	(1,531)
Intercompany expense (income) - net	7			14			30	31
Income before income taxes	601			416			1,759	1,514
Income tax expense (benefit)	0			0			0	0
Net income	601			416			1,759	1,514
Less net loss (income) for noncontrolling interests	0			0			0	0
Net income attributable to Eaton ordinary shareholders	601			416			1,759	1,514
Other comprehensive income (loss)	(259)			(98)			(222)	(426)
Total comprehensive income attributable to Eaton ordinary shareholders	342			318			1,537	1,088
Eaton Corporation
Consolidating Statements of Comprehensive Income, Captions [Line Items]
Net sales	1,744			1,808			5,326	5,306
Cost of products sold	1,339			1,419			4,150	4,198
Selling and administrative expense	368			356			1,089	1,093
Research and development expense	37			33			113	109
Interest expense (income) - net	59			68			194	203
Arbitration decision expense				0				0
Other (income) expense - net	3			11			1	25
Equity in loss (earnings) of subsidiaries, net of tax	(217)			(191)			(699)	(628)
Intercompany expense (income) - net	(50)			33			(48)	35
Income before income taxes	205			79			526	271
Income tax expense (benefit)	3			(10)			18	(23)
Net income	202			89			508	294
Less net loss (income) for noncontrolling interests	0			0			0	0
Net income attributable to Eaton ordinary shareholders	202			89			508	294
Other comprehensive income (loss)	(26)			(22)			(22)	(37)
Total comprehensive income attributable to Eaton ordinary shareholders	$ 176			$ 67			$ 486	$ 257

CONDENSED CONSOLIDATING FINAN_5

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS - Condensed Consolidating Balance Sheets (Details) - USD ($) $ in Millions	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Current assets
Cash	$ 549			$ 283	$ 327			$ 561
Short-term investments	281			157
Accounts receivable - net	3,787			3,858
Intercompany accounts receivable	0			0
Inventory	2,901			2,785
Prepaid expenses and other current assets	494			507
Total current assets	8,012			7,590
Property, plant and equipment - net	3,483			3,467
Other noncurrent assets
Goodwill	13,337			13,328
Other intangible assets	4,657			4,846
Operating lease assets	444			0
Deferred income taxes	294			293
Investment in subsidiaries	0			0
Intercompany loans receivables	0			0
Other assets	1,668			1,568
Total assets	31,895			31,092
Current liabilities
Short-term debt	2			414
Current portion of long-term debt	6			339
Accounts payable	2,290			2,130
Intercompany accounts payable	0			0
Accrued compensation	421			457
Other current liabilities	1,942			1,814
Total current liabilities	4,661			5,154
Noncurrent liabilities
Long-term debt	8,013			6,768
Pension liabilities	1,239			1,304
Other postretirement benefits liabilities	322			321
Operating lease liabilities	333			0
Deferred income taxes	309			349
Intercompany loans payable	0			0
Other noncurrent liabilities	1,118			1,054
Total noncurrent liabilities	11,334			9,796
Shareholders’ equity
Eaton shareholders' equity	15,848			16,107
Noncontrolling interests	52			35
Total equity	15,900	$ 16,361	$ 16,267	16,142	16,789	$ 16,725	$ 17,301	17,290
Total liabilities and equity	31,895			31,092
Consolidating adjustments
Current assets
Cash	0			0	0			0
Short-term investments	0			0
Accounts receivable - net	0			0
Intercompany accounts receivable	(5,502)			(6,394)
Inventory	(79)			(76)
Prepaid expenses and other current assets	15			14
Total current assets	(5,566)			(6,456)
Property, plant and equipment - net	0			0
Other noncurrent assets
Goodwill	0			0
Other intangible assets	0			0
Operating lease assets	0
Deferred income taxes	(335)			(335)
Investment in subsidiaries	(143,924)			(139,323)
Intercompany loans receivables	(73,312)			(74,904)
Other assets	0			0
Total assets	(223,137)			(221,018)
Current liabilities
Short-term debt	0			0
Current portion of long-term debt	0			0
Accounts payable	0			0
Intercompany accounts payable	(5,502)			(6,394)
Accrued compensation	0			0
Other current liabilities	(2)			(2)
Total current liabilities	(5,504)			(6,396)
Noncurrent liabilities
Long-term debt	0			2
Pension liabilities	0			0
Other postretirement benefits liabilities	0			0
Operating lease liabilities	0
Deferred income taxes	(335)			(335)
Intercompany loans payable	(73,312)			(74,904)
Other noncurrent liabilities	0			0
Total noncurrent liabilities	(73,647)			(75,237)
Shareholders’ equity
Eaton shareholders' equity	(143,986)			(139,385)
Noncontrolling interests	0			0
Total equity	(143,986)			(139,385)
Total liabilities and equity	(223,137)			(221,018)
Other subsidiaries
Current assets
Cash	327			261	276			360
Short-term investments	281			157
Accounts receivable - net	2,023			1,975
Intercompany accounts receivable	2,681			2,968
Inventory	1,546			1,555
Prepaid expenses and other current assets	347			354
Total current assets	7,205			7,270
Property, plant and equipment - net	1,963			1,946
Other noncurrent assets
Goodwill	5,302			5,293
Other intangible assets	1,593			1,664
Operating lease assets	223
Deferred income taxes	278			288
Investment in subsidiaries	27,306			25,557
Intercompany loans receivables	60,233			59,078
Other assets	731			705
Total assets	104,834			101,801
Current liabilities
Short-term debt	2			26
Current portion of long-term debt	2			1
Accounts payable	1,288			1,238
Intercompany accounts payable	1,157			2,029
Accrued compensation	263			251
Other current liabilities	1,086			1,002
Total current liabilities	3,798			4,547
Noncurrent liabilities
Long-term debt	6			7
Pension liabilities	734			791
Other postretirement benefits liabilities	73			72
Operating lease liabilities	170
Deferred income taxes	186			175
Intercompany loans payable	1,119			1,399
Other noncurrent liabilities	360			374
Total noncurrent liabilities	2,648			2,818
Shareholders’ equity
Eaton shareholders' equity	98,336			94,401
Noncontrolling interests	52			35
Total equity	98,388			94,436
Total liabilities and equity	104,834			101,801
Guarantors
Current assets
Cash	0			0	14			18
Short-term investments	0			0
Accounts receivable - net	1,289			1,400
Intercompany accounts receivable	1,957			1,851
Inventory	857			766
Prepaid expenses and other current assets	32			32
Total current assets	4,135			4,049
Property, plant and equipment - net	669			678
Other noncurrent assets
Goodwill	6,705			6,705
Other intangible assets	2,941			3,054
Operating lease assets	62
Deferred income taxes	0			0
Investment in subsidiaries	73,052			71,334
Intercompany loans receivables	7,334			8,406
Other assets	159			117
Total assets	95,057			94,343
Current liabilities
Short-term debt	0			0
Current portion of long-term debt	0			0
Accounts payable	508			416
Intercompany accounts payable	2,981			3,206
Accrued compensation	59			71
Other current liabilities	269			259
Total current liabilities	3,817			3,952
Noncurrent liabilities
Long-term debt	2,107			945
Pension liabilities	127			130
Other postretirement benefits liabilities	82			83
Operating lease liabilities	47
Deferred income taxes	458			508
Intercompany loans payable	65,822			66,507
Other noncurrent liabilities	304			291
Total noncurrent liabilities	68,947			68,464
Shareholders’ equity
Eaton shareholders' equity	22,293			21,927
Noncontrolling interests	0			0
Total equity	22,293			21,927
Total liabilities and equity	95,057			94,343
Eaton Corporation
Current assets
Cash	222			21	36			183
Short-term investments	0			0
Accounts receivable - net	475			483
Intercompany accounts receivable	855			1,575
Inventory	577			540
Prepaid expenses and other current assets	100			107
Total current assets	2,229			2,726
Property, plant and equipment - net	851			843
Other noncurrent assets
Goodwill	1,330			1,330
Other intangible assets	123			128
Operating lease assets	159
Deferred income taxes	351			340
Investment in subsidiaries	26,627			25,956
Intercompany loans receivables	5,736			5,912
Other assets	778			746
Total assets	38,184			37,981
Current liabilities
Short-term debt	0			388
Current portion of long-term debt	4			338
Accounts payable	494			476
Intercompany accounts payable	1,355			1,127
Accrued compensation	99			135
Other current liabilities	588			525
Total current liabilities	2,540			2,989
Noncurrent liabilities
Long-term debt	5,900			5,814
Pension liabilities	378			383
Other postretirement benefits liabilities	167			166
Operating lease liabilities	116
Deferred income taxes	0			1
Intercompany loans payable	5,272			5,182
Other noncurrent liabilities	454			389
Total noncurrent liabilities	12,287			11,935
Shareholders’ equity
Eaton shareholders' equity	23,357			23,057
Noncontrolling interests	0			0
Total equity	23,357			23,057
Total liabilities and equity	38,184			37,981
Eaton Corporation plc
Current assets
Cash	0			1	$ 1			$ 0
Short-term investments	0			0
Accounts receivable - net	0			0
Intercompany accounts receivable	9			0
Inventory	0			0
Prepaid expenses and other current assets	0			0
Total current assets	9			1
Property, plant and equipment - net	0			0
Other noncurrent assets
Goodwill	0			0
Other intangible assets	0			0
Operating lease assets	0
Deferred income taxes	0			0
Investment in subsidiaries	16,939			16,476
Intercompany loans receivables	9			1,508
Other assets	0			0
Total assets	16,957			17,985
Current liabilities
Short-term debt	0			0
Current portion of long-term debt	0			0
Accounts payable	0			0
Intercompany accounts payable	9			32
Accrued compensation	0			0
Other current liabilities	1			30
Total current liabilities	10			62
Noncurrent liabilities
Long-term debt	0			0
Pension liabilities	0			0
Other postretirement benefits liabilities	0			0
Operating lease liabilities	0
Deferred income taxes	0			0
Intercompany loans payable	1,099			1,816
Other noncurrent liabilities	0			0
Total noncurrent liabilities	1,099			1,816
Shareholders’ equity
Eaton shareholders' equity	15,848			16,107
Noncontrolling interests	0			0
Total equity	15,848			16,107
Total liabilities and equity	$ 16,957			$ 17,985

CONDENSED CONSOLIDATING FINAN_6

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS - Condensed Consolidating Statements of Cash Flows (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]
Net cash provided by (used in) operating activities	$ 2,514	$ 1,838
Investing activities
Capital expenditures for property, plant and equipment	(441)	(411)
Cash paid for acquisitions of businesses, net of cash acquired	(277)	0
Sales (purchases) of short-term investments - net	(132)	329
Investments in affiliates		0
Loans to affiliates	0	0
Repayments of loans from affiliates	0	0
Proceeds (payments) for settlement of currency exchange contracts not designated as hedges - net	26	(122)
Other - net	(8)	(52)
Net cash provided by (used in) investing activities	(832)	(256)
Financing activities
Proceeds from borrowings	1,232	80
Payments on borrowings	(757)	(486)
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	(907)	(864)
Cash dividends paid to affiliates		0
Exercise of employee stock options	40	28
Repurchase of shares	(978)	(600)
Payment, Tax Withholding, Share-based Payment Arrangement	(45)	(24)
Other - net	(8)	(2)
Net cash provided by (used in) financing activities	(1,423)	(1,868)
Effect of currency on cash	7	52
Total increase (decrease) in cash	266	(234)
Cash at the beginning of the period	283	561
Cash at the end of the period	549	327
Consolidating adjustments
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]
Net cash provided by (used in) operating activities	0	(88)
Investing activities
Capital expenditures for property, plant and equipment	0	0
Cash paid for acquisitions of businesses, net of cash acquired	0
Sales (purchases) of short-term investments - net	0	0
Investments in affiliates		36
Loans to affiliates	5,794	4,948
Repayments of loans from affiliates	(3,819)	(5,496)
Proceeds (payments) for settlement of currency exchange contracts not designated as hedges - net	0	0
Other - net	0	0
Net cash provided by (used in) investing activities	1,975	(512)
Financing activities
Proceeds from borrowings	0	0
Payments on borrowings	0	0
Proceeds from borrowings from affiliates	(5,794)	(4,948)
Payments on borrowings from affiliates	3,819	5,496
Capital contributions from affiliates		(36)
Other intercompany financing activities	0	0
Cash dividends paid	0	0
Cash dividends paid to affiliates		88
Exercise of employee stock options	0	0
Repurchase of shares	0	0
Payment, Tax Withholding, Share-based Payment Arrangement	0	0
Other - net	0	0
Net cash provided by (used in) financing activities	(1,975)	600
Effect of currency on cash	0	0
Total increase (decrease) in cash	0	0
Cash at the beginning of the period	0	0
Cash at the end of the period	0	0
Guarantors
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]
Net cash provided by (used in) operating activities	415	393
Investing activities
Capital expenditures for property, plant and equipment	(88)	(74)
Cash paid for acquisitions of businesses, net of cash acquired	(30)
Sales (purchases) of short-term investments - net	0	0
Investments in affiliates		0
Loans to affiliates	(280)	(84)
Repayments of loans from affiliates	0	956
Proceeds (payments) for settlement of currency exchange contracts not designated as hedges - net	0	0
Other - net	32	3
Net cash provided by (used in) investing activities	(366)	801
Financing activities
Proceeds from borrowings	1,232	0
Payments on borrowings	0	(35)
Proceeds from borrowings from affiliates	428	183
Payments on borrowings from affiliates	(458)	(654)
Capital contributions from affiliates		0
Other intercompany financing activities	(1,239)	(687)
Cash dividends paid	0	0
Cash dividends paid to affiliates		0
Exercise of employee stock options	0	0
Repurchase of shares	0	0
Payment, Tax Withholding, Share-based Payment Arrangement	(6)	(5)
Other - net	(6)	0
Net cash provided by (used in) financing activities	(49)	(1,198)
Effect of currency on cash	0	0
Total increase (decrease) in cash	0	(4)
Cash at the beginning of the period	0	18
Cash at the end of the period	0	14
Other subsidiaries
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]
Net cash provided by (used in) operating activities	1,186	1,718
Investing activities
Capital expenditures for property, plant and equipment	(279)	(262)
Cash paid for acquisitions of businesses, net of cash acquired	(247)
Sales (purchases) of short-term investments - net	(132)	329
Investments in affiliates		0
Loans to affiliates	(5,044)	(4,764)
Repayments of loans from affiliates	3,156	3,893
Proceeds (payments) for settlement of currency exchange contracts not designated as hedges - net	26	(133)
Other - net	(19)	(29)
Net cash provided by (used in) investing activities	(2,539)	(966)
Financing activities
Proceeds from borrowings	0	11
Payments on borrowings	(31)	(1)
Proceeds from borrowings from affiliates	750	99
Payments on borrowings from affiliates	(564)	(840)
Capital contributions from affiliates		36
Other intercompany financing activities	1,262	(101)
Cash dividends paid	0	0
Cash dividends paid to affiliates		(88)
Exercise of employee stock options	0	0
Repurchase of shares	0	0
Payment, Tax Withholding, Share-based Payment Arrangement	(3)	(3)
Other - net	(2)	(1)
Net cash provided by (used in) financing activities	1,412	(888)
Effect of currency on cash	7	52
Total increase (decrease) in cash	66	(84)
Cash at the beginning of the period	261	360
Cash at the end of the period	327	276
Eaton Corporation plc
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]
Net cash provided by (used in) operating activities	(67)	(11)
Investing activities
Capital expenditures for property, plant and equipment	0	0
Cash paid for acquisitions of businesses, net of cash acquired	0
Sales (purchases) of short-term investments - net	0	0
Investments in affiliates		0
Loans to affiliates	0	0
Repayments of loans from affiliates	0	0
Proceeds (payments) for settlement of currency exchange contracts not designated as hedges - net	0	0
Other - net	0	0
Net cash provided by (used in) investing activities	0	0
Financing activities
Proceeds from borrowings	0	4
Payments on borrowings	0	0
Proceeds from borrowings from affiliates	1,927	2,671
Payments on borrowings from affiliates	(16)	(1,227)
Capital contributions from affiliates		0
Other intercompany financing activities	0	0
Cash dividends paid	(907)	(864)
Cash dividends paid to affiliates		0
Exercise of employee stock options	40	28
Repurchase of shares	(978)	(600)
Payment, Tax Withholding, Share-based Payment Arrangement	0	0
Other - net	0	0
Net cash provided by (used in) financing activities	66	12
Effect of currency on cash	0	0
Total increase (decrease) in cash	(1)	1
Cash at the beginning of the period	1	0
Cash at the end of the period	0	1
Eaton Corporation
Condensed Consolidating Statements of Cash Flows, Captions [Line Items]
Net cash provided by (used in) operating activities	980	(174)
Investing activities
Capital expenditures for property, plant and equipment	(74)	(75)
Cash paid for acquisitions of businesses, net of cash acquired	0
Sales (purchases) of short-term investments - net	0	0
Investments in affiliates		(36)
Loans to affiliates	(470)	(100)
Repayments of loans from affiliates	663	647
Proceeds (payments) for settlement of currency exchange contracts not designated as hedges - net	0	11
Other - net	(21)	(26)
Net cash provided by (used in) investing activities	98	421
Financing activities
Proceeds from borrowings	0	65
Payments on borrowings	(726)	(450)
Proceeds from borrowings from affiliates	2,689	1,995
Payments on borrowings from affiliates	(2,781)	(2,775)
Capital contributions from affiliates		0
Other intercompany financing activities	(23)	788
Cash dividends paid	0	0
Cash dividends paid to affiliates		0
Exercise of employee stock options	0	0
Repurchase of shares	0	0
Payment, Tax Withholding, Share-based Payment Arrangement	(36)	(16)
Other - net	0	(1)
Net cash provided by (used in) financing activities	(877)	(394)
Effect of currency on cash	0	0
Total increase (decrease) in cash	201	(147)
Cash at the beginning of the period	21	183
Cash at the end of the period	$ 222	$ 36