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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Income Statement [Abstract]        
Net sales $ 4,068 $ 4,090 $ 8,028 $ 7,893
Cost of products sold 2,815 2,862 5,569 5,544
Selling and administrative expense 690 698 1,392 1,363
Research and development expense 106 107 211 212
Interest expense-net 30 31 58 63
Other expense (income)-net 8 (4) 11 (20)
Income before income taxes 419 396 787 731
Income tax expense 37 58 94 107
Net income 382 338 693 624
Less net income for noncontrolling interests 0 (2) 0 (1)
Net income attributable to Eaton common shareholders $ 382 $ 336 $ 693 $ 623
Net income per common share        
Diluted $ 1.12 $ 0.97 $ 2.04 $ 1.80
Basic $ 1.13 $ 0.99 $ 2.06 $ 1.83
Weighted-average number of common shares outstanding        
Diluted 339.5 345.7 339.6 345.7
Basic 337.0 340.9 336.2 340.5
Cash dividends paid per common share $ 0.38 $ 0.34 $ 0.76 $ 0.68