Eaton Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2011

Equity [Abstract]

Accumulated Other Comprehensive Loss

The components of Accumulated other comprehensive loss as reported in the Consolidated Balance Sheets follow:

	2011			2010
Foreign currency translation and related hedging instruments (net of income tax benefit of    $43 in 2011 and $32 in 2010)	$	(502	)	$	(261	)
Pensions (net of income tax benefit of $651 in 2011 and $489 in 2010)	(1,309		)	(972		)
Other postretirement benefits (net of income tax benefit of $110 in 2011 and $99 in 2010)	(138		)	(122		)
Cash flow hedges (net of income tax benefit of $8 in 2011 and income tax expense of    $4 in 2010)	(15		)	7
Total accumulated other comprehensive loss	$	(1,964	)	$	(1,348	)

Calculation of Net Income Per Share Attributable to Common Shareholders

A summary of the calculation of net income per common share attributable to common shareholders follows:

(Shares in millions)	2011		2010		2009
Net income attributable to Eaton common shareholders	$	1,350	$	929	$	383
Weighted-average number of common shares outstanding-diluted	342.8		339.5		335.8
Less dilutive effect of stock options and restricted stock awards	4.5		4.0		3.1
Weighted-average number of common shares outstanding-basic	338.3		335.5		332.7
Net income per common share
Diluted	$	3.93	$	2.73	$	1.14
Basic	3.98		2.76		1.16