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BUSINESS SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2025
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. The Company's chief operating decision maker is the chairman and chief executive officer. Eaton's operating segments are Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility. Operating profit (loss) includes the operating profit from intersegment sales. For additional information regarding Eaton's business segments, see Note 19 to the consolidated financial statements contained in the 2024 Form 10-K.
The chief operating decision maker uses segment operating profit (loss) as an input to assess segment performance and determine appropriate resource allocations, including capital, financial, and employee resources. Segment operating profit (loss) results are regularly evaluated versus annual profit plan, forecast and/or prior year.
Other segment items are primarily comprised of Cost of products sold, Selling and administrative expense, Research and development expense, depreciation of property, plant and equipment, and certain items included in Other income – net on the Consolidated Statements of Income. The Company's chief operating decision maker manages these items on a consolidated basis.
Business Segment Information
Three months ended March 31
(In millions)20252024
Net sales
Electrical Americas$3,010 $2,690 
Electrical Global1,610 1,500 
Aerospace979 871 
Vehicle617 724 
eMobility162 158 
Total net sales$6,377 $5,943 
Other segment items
Electrical Americas$2,106 $1,905 
Electrical Global1,310 1,226 
Aerospace753 670 
Vehicle521 608 
eMobility166 162 
Total other segment items$4,855 $4,572 
Segment operating profit (loss)
Electrical Americas$904 $785 
Electrical Global300 274 
Aerospace226 201 
Vehicle96 116 
eMobility(4)(4)
Total segment operating profit1,522 1,371 
Corporate
Intangible asset amortization expense(106)(106)
Interest expense - net(33)(30)
Pension and other postretirement benefits income 5 12 
Restructuring program charges(18)(63)
Other expense - net(193)(184)
Income before income taxes1,177 1,001 
Income tax expense212 179 
Net income965 822 
Less net income for noncontrolling interests(1)(1)
Net income attributable to Eaton ordinary shareholders$964 $821 
(In millions)March 31, 2025December 31, 2024
Identifiable assets
Electrical Americas$5,332 $4,933 
Electrical Global3,371 3,233 
Aerospace2,569 2,392 
Vehicle2,063 1,987 
eMobility689 633 
Total identifiable assets14,025 13,178 
Goodwill14,851 14,713 
Other intangible assets4,586 4,658 
Corporate5,744 5,833 
Total assets$39,206 $38,381 
Three months ended March 31
(In millions)20252024
Capital expenditures for property, plant and equipment
Electrical Americas$57 $92 
Electrical Global40 30 
Aerospace17 14 
Vehicle12 19 
eMobility9 19 
Total136 174 
Corporate11 9 
Total expenditures for property, plant and equipment$147 $183 
Three months ended March 31
(In millions)20252024
Depreciation of property, plant and equipment
Electrical Americas$31 $28 
Electrical Global26 24 
Aerospace18 17 
Vehicle24 23 
eMobility7 6 
Total105 98 
Corporate10 9 
Total depreciation of property, plant and equipment$115 $107