Market Summary
USD210.65-4.00
Market Closed-1.86%
ETN Alerts
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ETN Price/Sales (Trailing)
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ETN Earnings
Price Action
52 Week Range
129.19240.44
(Low)(High)
Last 7 days
-5.2%
Last 30 days
-3.1%
Last 90 days
8.3%
Trailing 12 Months
53.6%
ETN Financial Health
ETN Investor Care
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Net sales
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Latest Insider Trading transactions for ETN
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-31 | Okray Thomas B | sold | -1,143,900 | 231 | -4,950 | see remarks below. |
2023-08-31 | Okray Thomas B | acquired | 751,212 | 151 | 4,950 | see remarks below. |
2023-08-29 | Szmagala Taras G. Jr. | gifted | - | - | -131 | see remarks below. |
2023-08-29 | Szmagala Taras G. Jr. | sold | -423,665 | 226 | -1,869 | see remarks below. |
2023-08-29 | Szmagala Taras G. Jr. | acquired | 113,100 | 56.55 | 2,000 | see remarks below. |
2023-08-14 | ARNOLD CRAIG | acquired | 8,049,000 | 80.49 | 100,000 | see remarks below. |
2023-08-14 | ARNOLD CRAIG | sold | -21,945,100 | 219 | -100,000 | see remarks below. |
2023-08-07 | Monesmith Heath B. | sold (taxes) | -299,985 | 221 | -1,357 | see remarks below. |
2023-08-07 | Denk Peter | sold | -1,036,760 | 219 | -4,720 | see remarks below. |
2023-08-07 | Monesmith Heath B. | sold | -2,173,830 | 221 | -9,831 | see remarks below. |
Which funds bought or sold ETN recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-14 | Proquility Private Wealth Partners, LLC | reduced | -2.11 | 275,860 | 2,126,930 | 0.83% |
2023-09-14 | IMS Capital Management | new | - | 222,014 | 222,014 | 0.12% |
2023-09-12 | Farther Finance Advisors, LLC | added | 9.27 | 45,939 | 208,541 | 0.05% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | unchanged | - | 6,458 | 43,639 | 0.01% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 2,201,840 | 2,201,840 | 0.12% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | 2,053 | 13,876 | 0.02% |
2023-09-05 | Westshore Wealth, LLC | reduced | -0.34 | 68,149 | 469,770 | 0.24% |
2023-09-05 | Covenant Partners, LLC | new | - | 645,531 | 645,531 | 0.23% |
2023-08-30 | Strait & Sound Wealth Management LLC | reduced | -33.12 | -73,303 | 267,664 | 0.26% |
2023-08-30 | Western Wealth Management, LLC | added | 2.35 | 351,054 | 2,096,580 | 0.18% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
ETN Alerts
Schedule 13G FIlings of Eaton Corporation
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 9.04% | 35,936,239 | SC 13G/A | |
| Feb 07, 2023 | blackrock inc. | 7.1% | 28,360,383 | SC 13G/A | |
| Jan 20, 2023 | jpmorgan chase & co | 5.3% | 21,394,304 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 8.54% | 34,026,467 | SC 13G/A | |
| Feb 03, 2022 | blackrock inc. | 6.7% | 26,509,696 | SC 13G/A | |
| Jan 10, 2022 | jpmorgan chase & co | 6.4% | 25,612,519 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 7.70% | 30,710,385 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 7.5% | 30,043,948 | SC 13G/A | |
| Jan 11, 2021 | jpmorgan chase & co | 5.9% | 23,650,086 | SC 13G | |
| Feb 12, 2020 | vanguard group inc | 7.99% | 33,033,939 | SC 13G/A |
Recent SEC filings of Eaton Corporation
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 01, 2023 | 4 | Insider Trading | |
| Aug 31, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 30, 2023 | 4 | Insider Trading | |
| Aug 29, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 15, 2023 | 4 | Insider Trading | |
| Aug 14, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 08, 2023 | 4 | Insider Trading | |
| Aug 08, 2023 | 4 | Insider Trading | |
| Aug 08, 2023 | 4 | Insider Trading | |
| Aug 08, 2023 | 4 | Insider Trading |
Peers (Alternatives to Eaton Corporation)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
ETN | 84.0B | 22.0B | -3.06% | 53.62% | 31 | 3.81 | 11.48% | 17.16% |
EMR | 55.1B | 16.4B | 0.43% | 26.82% | 4.17 | 3.36 | 10.61% | 318.06% |
AME | 34.8B | 6.4B | -2.37% | 28.90% | 28.19 | 5.42 | 8.50% | 12.86% |
| MID-CAP | ||||||||
GNRC | 6.7B | 4.0B | -4.43% | -38.32% | 35.82 | 1.66 | -9.27% | -65.68% |
AYI | 5.2B | 4.1B | 2.32% | 0.21% | 13.71 | 1.28 | 4.21% | 3.22% |
PLUG | 4.5B | 879.8M | -9.85% | -70.22% | -5.43 | 5.17 | 47.16% | -33.02% |
BE | 2.9B | 1.3B | -3.37% | -42.66% | -10.99 | 2.16 | 33.92% | 17.86% |
| SMALL-CAP | ||||||||
EAF | 919.3M | 875.7M | - | -22.84% | 7.15 | 1.05 | -39.21% | -74.32% |
POWL | 914.4M | 653.3M | -1.64% | 240.12% | 24.83 | 1.4 | 30.84% | 345.91% |
THR | 913.8M | 452.0M | 6.90% | 61.78% | 22.58 | 2.02 | 18.97% | 49.93% |
FCEL | 515.9M | 41.4M | -19.16% | -70.48% | -29.36 | 12.45 | -60.61% | 85.88% |
AMSC | 214.5M | 113.6M | -16.13% | 56.49% | -6.76 | 1.89 | -38.89% | 13.45% |
IPWR | 60.2M | - | -5.76% | -21.19% | -7.17 | 366.22 | -64.73% | -34.35% |
PPSI | 58.0M | 36.4M | -10.63% | 80.69% | -103.51 | 1.59 | 78.42% | 89.03% |
Eaton Corporation News
Returns for ETN
Cumulative Returns on ETN
15%
10-Year Cumulative Returns
21.8%
7-Year Cumulative Returns
22.0%
5-Year Cumulative Returns
31.4%
3-Year Cumulative Returns
Risks for ETN
What is the probability of a big loss on ETN?
48.9%
Probability that Eaton Corporation stock will be more than 20% underwater in next one year
18.5%
Probability that Eaton Corporation stock will be more than 30% underwater in next one year.
0%
Probability that Eaton Corporation stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does ETN drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Eaton Corporation was unfortunately bought at previous high price.
Drawdowns
Financials for Eaton Corporation
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 3.1% | 22,046 | 21,392 | 20,752 | 20,166 | 19,776 | 19,779 | 19,628 | 19,517 | 19,120 | 17,761 | 17,858 | 18,409 | 19,197 | 20,874 | 21,390 | 21,611 | 21,709 | 21,663 | 21,609 | 21,363 | 21,162 |
| Cost Of Revenue | 1.7% | 14,437 | 14,195 | 13,865 | 13,545 | 13,338 | 13,378 | 13,293 | 13,245 | 12,958 | 12,290 | 12,408 | 12,786 | 13,247 | 14,067 | 14,338 | 14,452 | 14,537 | 14,511 | 14,511 | 14,376 | 14,245 |
| S&GA Expenses | 4.7% | 3,499 | 3,341 | 3,227 | 3,182 | 3,203 | 3,251 | 3,256 | 3,270 | 3,190 | 3,005 | 3,075 | 3,184 | 3,315 | 3,531 | 3,583 | 3,578 | 3,582 | 3,576 | 3,548 | 3,536 | 3,549 |
| R&D Expenses | 2.8% | 698 | 679 | 665 | 660 | 647 | 633 | 616 | 594 | 574 | 546 | 551 | 563 | 578 | 603 | 606 | 599 | 590 | 584 | 584 | 583 | 592 |
| EBITDA | -100.0% | - | 3,839 | 3,721 | 3,506 | 3,909 | 3,797 | 3,674 | 3,568 | 2,935 | 2,330 | 2,408 | 2,352 | 2,559 | 3,261 | 3,239 | 3,447 | 3,145 | 3,089 | 3,056 | 2,972 | 4,243 |
| EBITDA Margin | -100.0% | - | 0.18* | 0.18* | 0.17* | 0.19* | 0.19* | 0.19* | 0.18* | 0.15* | 0.13* | 0.13* | 0.13* | 0.13* | 0.16* | 0.15* | 0.16* | 0.14* | 0.14* | 0.14* | 0.14* | 0.20* |
| Interest Expenses | -6.8% | -173 | -162 | -144 | -132 | -132 | -138 | -144 | -148 | -152 | -153 | -149 | -155 | -161 | -173 | -199 | -210 | -230 | -248 | -258 | -270 | -263 |
| Earnings Before Taxes | 5.8% | 3,231 | 3,053 | 2,911 | 2,684 | 3,077 | 2,977 | 2,896 | 2,824 | 2,236 | 1,663 | 1,746 | 1,725 | 1,918 | 2,609 | 2,591 | 2,785 | 2,506 | 2,462 | 2,424 | 2,333 | 3,588 |
| EBT Margin | -100.0% | - | 0.14* | 0.14* | 0.13* | 0.15* | 0.15* | 0.15* | 0.14* | 0.12* | 0.09* | 0.10* | 0.09* | 0.10* | 0.12* | 0.12* | 0.13* | 0.12* | 0.11* | 0.11* | 0.11* | 0.17* |
| Net Income | 5.6% | 2,711 | 2,568 | 2,462 | 2,292 | 2,314 | 2,219 | 2,144 | 2,069 | 1,886 | 1,434 | 1,410 | 1,390 | 1,545 | 2,127 | 2,211 | 2,390 | 2,205 | 2,180 | 2,145 | 2,149 | 3,134 |
| Net Income Margin | -100.0% | - | 0.12* | 0.12* | 0.11* | 0.11* | 0.11* | 0.11* | 0.11* | 0.10* | 0.08* | 0.08* | 0.08* | 0.08* | 0.10* | 0.10* | 0.11* | 0.10* | 0.10* | 0.10* | 0.10* | 0.15* |
| Free Cashflow | -100.0% | - | 2,217 | 1,935 | 1,590 | 1,091 | 1,374 | 1,588 | 1,801 | 2,302 | 2,485 | 2,555 | 2,501 | 2,609 | 2,673 | 2,864 | 2,739 | 2,668 | 2,287 | 2,093 | 2,137 | 1,913 |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 3.5% | 36,772 | 35,517 | 35,014 | 34,364 | 35,153 | 35,208 | 34,027 | 34,128 | 36,804 | 34,080 | 31,824 | 30,985 | 30,348 | 30,845 | 32,805 | 31,895 | 32,244 | 31,649 | 31,092 | 31,628 | 31,865 |
| Current Assets | 12.7% | 10,303 | 9,138 | 8,746 | 8,540 | 8,687 | 8,194 | 7,511 | 7,487 | 9,789 | 9,905 | 9,178 | 8,671 | 8,213 | 8,670 | 8,728 | 8,012 | 8,126 | 7,744 | 7,590 | 7,867 | 7,913 |
| Cash Equivalents | 50.2% | 353 | 235 | 294 | 231 | 364 | 237 | 297 | 271 | 279 | 354 | 438 | 429 | 292 | 239 | 370 | 549 | 412 | 303 | 283 | 327 | 256 |
| Inventory | 1.8% | 3,670 | 3,604 | 3,430 | 3,428 | 3,445 | 3,317 | 2,969 | 2,802 | 2,668 | 2,399 | 2,109 | 2,096 | 2,138 | 2,346 | 2,805 | 2,901 | 2,853 | 2,897 | 2,785 | 2,835 | 2,753 |
| Net PPE | 1.9% | 3,267 | 3,206 | 3,146 | 2,967 | 3,043 | 3,098 | 3,064 | 3,025 | 3,058 | 2,922 | 2,964 | 2,916 | 2,904 | 2,939 | 3,496 | 3,483 | 3,510 | 3,473 | 3,467 | 3,446 | 3,462 |
| Goodwill | 0.1% | 14,914 | 14,894 | 14,796 | 14,479 | 1,264 | 976 | 14,751 | 14,767 | 14,880 | 928 | 12,903 | 12,677 | 12,497 | 12,397 | 13,456 | 13,337 | 13,463 | 13,318 | 13,328 | 13,385 | 13,427 |
| Current Liabilities | 10.5% | 6,725 | 6,087 | 6,360 | 6,653 | 8,974 | 8,256 | 7,212 | 5,914 | 8,906 | 6,581 | 5,881 | 5,805 | 5,489 | 4,944 | 5,132 | 4,661 | 4,450 | 5,286 | 5,154 | 5,267 | 5,387 |
| Short Term Borrowings | 8.0% | 94.00 | 87.00 | 324 | 903 | 1,392 | 1,116 | 13.00 | 428 | 3,373 | 464 | 1.00 | 2.00 | 139 | 337 | 255 | 2.00 | 2.00 | 741 | 414 | 82.00 | 504 |
| Long Term Debt | 1.2% | 8,804 | 8,701 | 8,321 | 8,082 | 6,277 | 6,763 | 6,831 | 8,520 | 8,721 | 8,682 | 7,010 | 6,948 | 6,906 | 7,842 | 7,819 | 8,013 | 8,079 | 6,782 | 6,768 | 6,737 | 6,753 |
| Shareholder's Equity | 2.7% | 17,953 | 17,485 | 17,038 | 16,068 | 16,416 | 16,656 | 16,451 | 16,014 | 15,450 | 15,037 | 14,973 | 14,518 | 14,235 | 14,288 | 16,133 | 15,900 | 16,361 | 16,267 | 16,142 | 16,789 | 16,725 |
| Retained Earnings | 4.6% | 9,156 | 8,757 | 8,468 | 8,070 | 7,886 | 7,707 | 7,594 | 7,345 | 7,068 | 6,883 | 6,794 | 6,741 | 6,767 | 7,007 | 8,170 | 8,062 | 8,300 | 8,225 | 8,161 | - | - |
| Additional Paid-In Capital | 0.4% | 12,554 | 12,502 | 12,512 | 12,478 | 12,452 | 12,427 | 12,449 | 12,411 | 12,368 | 12,335 | 12,329 | 12,266 | 12,228 | 12,203 | 12,200 | 12,151 | 12,112 | 12,085 | 12,090 | - | - |
| Accumulated Depreciation | 1.6% | 5,071 | 4,989 | 4,867 | 4,702 | 4,768 | 4,832 | 4,754 | 4,786 | 4,758 | 4,622 | 4,624 | 4,500 | 4,419 | 4,357 | 5,210 | 5,210 | 5,215 | 5,129 | 5,105 | 5,054 | 5,031 |
| Shares Outstanding | 0.1% | 399 | 399 | 398 | 398 | 399 | 399 | 399 | 399 | 399 | 398 | 398 | 400 | 400 | 409 | 413 | 417 | 422 | 424 | 424 | 434 | 435 |
| Minority Interest | 0% | 36.00 | 36.00 | 38.00 | 35.00 | 36.00 | 36.00 | 38.00 | 43.00 | 42.00 | 42.00 | 43.00 | 42.00 | 47.00 | 43.00 | 51.00 | 52.00 | 55.00 | 34.00 | 35.00 | 35.00 | 35.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 18.0% | 3,336 | 2,826 | 2,533 | 2,142 | 1,648 | 1,945 | 2,163 | 2,311 | 2,761 | 2,881 | 2,944 | 2,938 | 3,100 | 3,223 | 3,451 | 3,334 | 3,251 | 2,870 | 2,658 | 2,717 | 2,467 |
| Cashflow From Investing | -150.5% | -1,408 | -562 | -1,200 | -1,059 | 1,897 | -325 | -1,764 | -2,000 | -4,986 | -2,904 | 397 | -325 | -256 | -698 | -1,866 | -974 | -1,071 | -329 | -398 | -38.00 | 332 |
| Cashflow From Financing | 14.4% | -1,945 | -2,273 | -1,340 | -1,146 | -3,496 | -1,758 | -535 | -473 | 2,229 | 147 | -3,258 | -2,690 | -2,929 | -2,553 | -1,494 | -2,136 | -2,012 | -2,609 | -2,581 | -3,195 | -2,921 |
| Dividend Payments | 1.8% | 1,337 | 1,313 | 1,299 | 1,280 | 1,260 | 1,239 | 1,219 | 1,207 | 1,196 | 1,184 | 1,175 | 1,178 | 1,184 | 1,190 | 1,201 | 1,192 | 1,180 | 1,167 | 1,149 | 1,129 | 1,109 |
| Buy Backs | -50.0% | 100 | 200 | 286 | 286 | 232 | 149 | 122 | 266 | 384 | 367 | 1,608 | 1,515 | 1,889 | 2,149 | 1,029 | 1,649 | 1,111 | 1,151 | 1,271 | 661 | 985 |
ETN Income Statement
2023-06-30CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||||
| Net sales | $ 5,866 | $ 5,212 | $ 11,349 | $ 10,054 |
| Cost of products sold | 3,747 | 3,505 | 7,346 | 6,774 |
| Selling and administrative expense | 986 | 828 | 1,890 | 1,618 |
| Research and development expense | 187 | 168 | 366 | 333 |
| Interest expense - net | 42 | 31 | 91 | 63 |
| Gain on sale of business | 0 | 0 | 0 | 24 |
| Other expense (income) - net | 7 | (41) | (4) | (50) |
| Income before income taxes | 898 | 720 | 1,660 | 1,339 |
| Income tax expense | 153 | 119 | 276 | 205 |
| Net income | 745 | 601 | 1,384 | 1,135 |
| Less net income for noncontrolling interests | (1) | 0 | (3) | (1) |
| Net income attributable to Eaton ordinary shareholders | $ 744 | $ 601 | $ 1,382 | $ 1,133 |
| Net income per share attributable to Eaton ordinary shareholders | ||||
| Diluted (USD per share) | $ 1.86 | $ 1.50 | $ 3.45 | $ 2.82 |
| Basic (USD per share) | $ 1.86 | $ 1.51 | $ 3.47 | $ 2.84 |
| Weighted-average number of ordinary shares outstanding | ||||
| Diluted (shares) | 400.7 | 400.7 | 400.6 | 401.2 |
| Basic (shares) | 398.9 | 399.0 | 398.7 | 399.1 |
| Cash dividends declared per ordinary share (USD per share) | $ 0.86 | $ 0.81 | $ 1.72 | $ 1.62 |
ETN Balance Sheet
2023-06-30CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets | ||
| Cash | $ 353 | $ 294 |
| Short-term investments | 977 | 261 |
| Accounts receivable - net | 4,399 | 4,076 |
| Inventory | 3,670 | 3,430 |
| Prepaid expenses and other current assets | 904 | 685 |
| Total current assets | 10,303 | 8,746 |
| Property, plant and equipment | ||
| Land and buildings | 2,198 | 2,129 |
| Machinery and equipment | 6,139 | 5,885 |
| Gross property, plant and equipment | 8,337 | 8,013 |
| Accumulated depreciation | (5,071) | (4,867) |
| Net property, plant and equipment | 3,267 | 3,146 |
| Other noncurrent assets | ||
| Goodwill | 14,914 | 14,796 |
| Other intangible assets | 5,285 | 5,485 |
| Operating lease assets | 594 | 570 |
| Deferred income taxes | 354 | 330 |
| Other assets | 2,056 | 1,940 |
| Total assets | 36,772 | 35,014 |
| Current liabilities | ||
| Short-term debt | 94 | 324 |
| Current portion of long-term debt | 402 | 10 |
| Accounts payable | 3,192 | 3,072 |
| Accrued compensation | 465 | 467 |
| Other current liabilities | 2,571 | 2,488 |
| Total current liabilities | 6,725 | 6,360 |
| Noncurrent liabilities | ||
| Long-term debt | 8,804 | 8,321 |
| Pension liabilities | 642 | 649 |
| Other postretirement benefits liabilities | 173 | 177 |
| Operating lease liabilities | 482 | 459 |
| Deferred income taxes | 531 | 530 |
| Other noncurrent liabilities | 1,428 | 1,444 |
| Total noncurrent liabilities | 12,060 | 11,580 |
| Shareholders’ equity | ||
| Ordinary shares (399.0 million outstanding in 2023 and 397.8 million in 2022) | 4 | 4 |
| Capital in excess of par value | 12,554 | 12,512 |
| Retained earnings | 9,156 | 8,468 |
| Accumulated other comprehensive loss | (3,760) | (3,946) |
| Shares held in trust | (1) | (1) |
| Total Eaton shareholders’ equity | 17,953 | 17,038 |
| Noncontrolling interests | 36 | 38 |
| Total equity | 17,988 | 17,075 |
| Total liabilities and equity | $ 36,772 | $ 35,014 |
Eaton Corporation plc operates as a power management company worldwide. The company's Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems. Its Aerospace segment offers pumps, motors, hydraulic power units, hoses and fittings, and electro-hydraulic pumps; valves, cylinders, electronic controls, electromechanical actuators, sensors, aircraft flap and slat systems, and nose wheel steering systems; hose, thermoplastic tubing products, fittings, adapters, couplings, and sealing and ducting products; air-to-air refueling systems, fuel pumps, fuel inerting products, sensors, valves, and adapters and regulators; oxygen generation system, payload carriages, and thermal management products; and wiring connectors and cables, as well as hydraulic and bag filters, strainers and cartridges, and golf grips for manufacturers of commercial and military aircraft, and related after-market customers, as well as industrial applications. The company's Vehicle segment offers transmissions, clutches, hybrid power systems, superchargers, engine valves and valve actuation systems, locking and limited slip differentials, transmission controls, and fuel vapor components for the vehicle industry. Its eMobility segment provides voltage inverters, converters, fuses, onboard chargers, circuit protection units, vehicle controls, power distribution systems, fuel tank isolation valves, and commercial vehicle hybrid systems. Eaton Corporation plc was founded in 1911 and is based in Dublin, Ireland.