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Consolidated Statements of Income (USD $)
In Millions, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Income Statement [Abstract]        
Net sales $ 4,090 $ 3,378 $ 7,893 $ 6,481
Cost of products sold 2,862 2,387 5,544 4,588
Selling and administrative expense 698 604 1,363 1,191
Research and development expense 107 103 212 204
Interest expense-net 31 34 63 69
Other income-net (4) (1) (20) (9)
Income before income taxes 396 251 731 438
Income tax expense 58 22 107 53
Net income 338 229 624 385
Less net income for noncontrolling interests (2) (3) (1) (4)
Net income attributable to Eaton common shareholders $ 336 $ 226 $ 623 $ 381
Net income per common share        
Diluted $ 0.97 $ 0.66 $ 1.80 $ 1.12
Basic $ 0.99 $ 0.67 $ 1.83 $ 1.14
Weighted-average number of common shares outstanding        
Diluted 345,700,000 340,400,000 345,700,000 339,800,000
Basic 340,900,000 334,700,000 340,500,000 334,500,000
Cash dividends paid per common share 0.34 0.25 0.68 0.50