CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash	$ 473	$ 488
Short-term investments	1,521	2,121
Accounts receivable - net	4,886	4,475
Inventory	4,178	3,739
Prepaid expenses and other current assets	1,094	851
Total current assets	12,152	11,675
Property, plant and equipment
Land and buildings	2,280	2,241
Machinery and equipment	6,826	6,497
Gross property, plant and equipment	9,106	8,738
Accumulated depreciation	(5,395)	(5,208)
Net property, plant and equipment	3,711	3,530
Other noncurrent assets
Goodwill	15,044	14,977
Other intangible assets	4,809	5,091
Operating lease assets	817	648
Deferred income taxes	549	458
Other assets	2,154	2,052
Total assets	39,236	38,432
Current liabilities
Short-term debt	3	8
Current portion of long-term debt	714	1,017
Accounts payable	3,609	3,365
Accrued compensation	687	676
Other current liabilities	2,928	2,680
Total current liabilities	7,941	7,747
Noncurrent liabilities
Long-term debt	8,678	8,244
Pension liabilities	709	768
Other postretirement benefits liabilities	174	180
Operating lease liabilities	681	533
Deferred income taxes	387	402
Other noncurrent liabilities	1,503	1,489
Total noncurrent liabilities	12,132	11,616
Shareholders’ equity
Ordinary shares (395.2 million outstanding in 2024 and 399.4 million in 2023)	4	4
Capital in excess of par value	12,694	12,634
Retained earnings	10,366	10,305
Accumulated other comprehensive loss	(3,947)	(3,906)
Shares held in trust	(1)	(1)
Total Eaton shareholders’ equity	19,117	19,036
Noncontrolling interests	45	33
Total equity	19,162	19,069
Total liabilities and equity	$ 39,236	$ 38,432

Land and buildings, gross

No definition available.

Name:	etn_LandAndBuildings
Namespace Prefix:	etn_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).