v3.26.1
GOODWILL
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL GOODWILL
Changes in the carrying amount of goodwill by business segment are as follows:
(In millions)January 1, 2026AdditionsTranslationJune 30, 2026
Electrical Americas$8,010 $— $(3)$8,007 
Electrical Global4,156 3,733 (57)7,832 
Aerospace2,977 849 (60)3,766 
Mobility626 — (1)625 
Total$15,769 $4,582 $(121)$20,229 
During the first quarter of 2026, Eaton re-segmented certain business segments due to a reorganization of the Company's businesses. The new segment is Mobility, which consists of the legacy Vehicle and eMobility segments. The Company's reporting units are equivalent to the business segments, except for the Aerospace segment which continues to have two reporting units.
As a result of the re-segmentation, the goodwill of the legacy Vehicle and eMobility reporting units was combined and assigned to the new Mobility reporting unit. The re-segmentation did not result in a reallocation of goodwill using a relative fair value methodology, as the re-segmentation resulted in a combination of previously existing reporting units and did not change the composition of other reporting units.
The 2026 additions to goodwill relate primarily to the anticipated synergies of acquiring Boyd Thermal and Ultra PCS. The allocation of the purchase price from the Ultra PCS and Boyd Thermal acquisitions are preliminary and will be completed during the measurement period.