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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Net sales $ 20,752 $ 19,628 $ 17,858
Cost of products sold 13,865 13,293 12,408
Selling and administrative expense 3,227 3,256 3,075
Research and development expense 665 616 551
Interest expense - net 144 144 149
Gain on sale of businesses 24 617 221
Other expense (income) - net (36) 40 150
Income before income taxes 2,911 2,896 1,746
Income tax expense 445 750 331
Net income 2,465 2,146 1,415
Less net income for noncontrolling interests (4) (2) (5)
Net income attributable to Eaton ordinary shareholders $ 2,462 $ 2,144 $ 1,410
Net income per share attributable to Eaton ordinary shareholders      
Diluted (USD per share) $ 6.14 $ 5.34 $ 3.49
Basic (USD per share) $ 6.17 $ 5.38 $ 3.51
Weighted-average number of ordinary shares outstanding      
Diluted (shares) 400.8 401.6 404.0
Basic (shares) 398.7 398.7 402.2
Cash dividends declared per ordinary share (USD per share) $ 3.24 $ 3.04 $ 2.92