| USD ($) $ in Millions | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Current assets | ||||||||||||||
Assets | ||||||||||||||
Cash | $ 622 | $ 555 | $ 488 | |||||||||||
Short-term investments | 181 | 1,525 | 2,121 | |||||||||||
Accounts receivable - net | 5,387 | 4,619 | 4,475 | |||||||||||
Inventory | 4,721 | 4,227 | 3,739 | |||||||||||
Assets held for sale | - | - | - | |||||||||||
Deferred income taxes | 707 | 609 | 458 | |||||||||||
Prepaid expenses and other current assets | 1,444 | 874 | 851 | |||||||||||
Total current assets | 12,355 | 11,801 | 11,675 | |||||||||||
Property, plant and equipment | ||||||||||||||
Land and buildings | 2,361 | 2,239 | 2,241 | |||||||||||
Machinery and equipment | 7,667 | 6,823 | 6,497 | |||||||||||
Gross property, plant and equipment | 10,028 | 9,062 | 8,738 | |||||||||||
Accumulated depreciation | 5,712 | 5,333 | 5,208 | |||||||||||
Net property, plant and equipment | 4,316 | 3,729 | 3,530 | |||||||||||
Other noncurrent assets | ||||||||||||||
Goodwill | 15,769 | 14,713 | 14,977 | |||||||||||
Other intangible assets | 5,054 | 4,658 | 5,091 | |||||||||||
Operating lease assets | 768 | 806 | 648 | |||||||||||
Deferred income taxes | - | - | - | |||||||||||
Other assets | 2,281 | 2,066 | 2,052 | |||||||||||
Total assets | 41,251 | 38,381 | 38,432 | |||||||||||
Liabilities and shareholders’ equity | ||||||||||||||
Current liabilities | ||||||||||||||
Short-term debt | 1 | 0 | 8 | |||||||||||
Current portion of long-term debt | 1,136 | 674 | 1,017 | |||||||||||
Accounts payable | 4,168 | 3,678 | 3,365 | |||||||||||
Accrued compensation | 644 | 670 | 676 | |||||||||||
Liabilities held for sale | - | - | - | |||||||||||
Other current liabilities | 3,421 | 2,835 | 2,680 | |||||||||||
Total current liabilities | 9,370 | 7,857 | 7,747 | |||||||||||
Noncurrent liabilities | ||||||||||||||
Long-term debt | 8,758 | 8,478 | 8,244 | |||||||||||
Pension liabilities | 702 | 741 | 768 | |||||||||||
Other postretirement benefits liabilities | 161 | 164 | 180 | |||||||||||
Operating lease liabilities | 637 | 669 | 533 | |||||||||||
Deferred income taxes | 265 | 275 | 402 | |||||||||||
Other noncurrent liabilities | 1,889 | 1,667 | 1,489 | |||||||||||
Total noncurrent liabilities | 12,412 | 11,994 | 11,616 | |||||||||||
Shareholders’ equity | ||||||||||||||
Ordinary shares (387.9 million outstanding in 2025 and 392.9 million in 2024) | 4 | 4 | 4 | |||||||||||
Capital in excess of par value | 12,837 | 12,731 | 12,634 | |||||||||||
Retained earnings | 10,702 | 10,096 | 10,305 | |||||||||||
Accumulated other comprehensive loss | (4,118) | (4,342) | (3,906) | |||||||||||
Shares held in trust | 0 | 1 | 1 | |||||||||||
Total Eaton shareholders’ equity | 19,425 | 18,488 | 19,036 | |||||||||||
Noncontrolling interests | 44 | 43 | 33 | |||||||||||
Total equity | 19,469 | 18,531 | 19,069 | |||||||||||
Total liabilities and equity | $ 41,251 | $ 38,381 | $ 38,432 |