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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Income Statement [Abstract]        
Net sales $ 3,950 $ 4,123 $ 11,978 $ 12,016
Cost of products sold 2,747 2,900 8,316 8,444
Selling and administrative expense 687 668 2,079 2,031
Research and development expense 102 104 313 316
Interest expense-net 42 29 100 92
Other (income) expense-net (4) (10) 7 (30)
Income before income taxes 376 432 1,163 1,163
Income tax expense 29 65 123 172
Net income 347 367 1,040 991
Less net income for noncontrolling interests (2) (2) (2) (3)
Net income attributable to Eaton common shareholders $ 345 $ 365 $ 1,038 $ 988
Net income per common share        
Diluted $ 1.02 $ 1.07 $ 3.05 $ 2.86
Basic $ 1.02 $ 1.07 $ 3.08 $ 2.90
Weighted-average number of common shares outstanding        
Diluted 339.8 341.9 339.7 344.4
Basic 337.6 338.1 336.7 339.7
Cash dividends declared per common share $ 0.76 $ 0.34 $ 1.52 $ 1.02