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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Total Eaton shareholders' equity
Ordinary shares
Capital in excess of par value
Retained earnings
Accumulated other comprehensive loss
Shares held in trust
Noncontrolling interests
Balance at beginning of period (shares) at Dec. 31, 2019     413.3          
Balance at beginning of period at Dec. 31, 2019 $ 16,133 $ 16,082 $ 4 $ 12,200 $ 8,170 $ (4,290) $ (2) $ 51
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,415 1,410     1,410     5
Other comprehensive income (loss), net of tax 95 95       95    
Cash dividends paid (1,184) (1,175)     (1,175)     (9)
Issuance of shares under equity-based compensation plans (shares)     1.9          
Issuance of shares under equity-based compensation plans 126 126   129 (3)      
Changes in noncontrolling interest of consolidated subsidiaries - net (4)             (4)
Repurchase of shares (shares)     (17.1)          
Repurchase of shares (1,608) (1,608)     (1,608)      
Balance at end of period (shares) at Dec. 31, 2020     398.1          
Balance at end of period at Dec. 31, 2020 14,973 14,930 $ 4 12,329 6,794 (4,195) (2) 43
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2,146 2,144     2,144     2
Other comprehensive income (loss), net of tax 562 562       562    
Cash dividends paid (1,220) (1,219)     (1,219)     (1)
Issuance of shares under equity-based compensation plans (shares)     1.6          
Issuance of shares under equity-based compensation plans 118 118   120 (3)   1  
Changes in noncontrolling interest of consolidated subsidiaries - net (6)             (6)
Repurchase of shares (shares)     (0.9)          
Repurchase of shares (122) (122)     (122)      
Balance at end of period (shares) at Dec. 31, 2021     398.8          
Balance at end of period at Dec. 31, 2021 16,451 16,413 $ 4 12,449 7,594 (3,633) (1) 38
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2,465 2,462     2,462     4
Other comprehensive income (loss), net of tax (313) (313)       (313)    
Cash dividends paid (1,301) (1,299)     (1,299)     (2)
Issuance of shares under equity-based compensation plans (shares)     1.1          
Issuance of shares under equity-based compensation plans 63 63   65 (2)      
Changes in noncontrolling interest of consolidated subsidiaries - net (3) (1)   (1)       (2)
Repurchase of shares (shares)     (2.0)          
Repurchase of shares (286) (286)     (286)      
Balance at end of period (shares) at Dec. 31, 2022     397.8          
Balance at end of period at Dec. 31, 2022 $ 17,075 $ 17,038 $ 4 $ 12,512 $ 8,468 $ (3,946) $ (1) $ 38