Eaton Corporation plc (ETN)

Eaton Corporation Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	555	488	294	297	438
Short-Term Investments	1,525	2,121	261	271	664
Trading Asset Securities	-	-	-	22	2
Cash & Short-Term Investments	2,080	2,609	555	590	1,104
Cash Growth	-20.28%	370.09%	-5.93%	-46.56%	86.80%
Receivables	4,619	4,764	4,309	3,484	2,994
Inventory	4,227	3,739	3,430	2,969	2,109
Prepaid Expenses	874	532	383	414	415
Other Current Assets	1	31	69	54	2,556
Total Current Assets	11,801	11,675	8,746	7,511	9,178
Property, Plant & Equipment	4,535	4,178	3,717	3,506	3,392
Long-Term Investments	-	860	788	844	797
Goodwill	14,713	14,977	14,796	14,751	12,903
Other Intangible Assets	4,658	5,091	5,485	5,855	4,175
Long-Term Deferred Tax Assets	609	458	330	392	426
Other Long-Term Assets	2,065	1,193	1,152	1,168	953
Total Assets	38,381	38,432	35,014	34,027	31,824
Accounts Payable	3,678	3,365	3,072	2,797	1,987
Accrued Expenses	670	1,144	933	894	440
Short-Term Debt	-	8	324	13	1
Current Portion of Long-Term Debt	674	1,004	-	1,720	1,039
Current Portion of Leases	-	148	137	135	124
Current Unearned Revenue	-	610	489	395	230
Other Current Liabilities	2,835	1,468	1,405	1,258	2,060
Total Current Liabilities	7,857	7,747	6,360	7,212	5,881
Long-Term Debt	8,478	8,225	8,303	6,887	7,088
Long-Term Leases	669	555	477	360	356
Long-Term Unearned Revenue	-	16	19	27	27
Long-Term Deferred Tax Liabilities	275	402	530	559	277
Other Long-Term Liabilities	1,666	1,470	1,423	1,396	1,304
Total Liabilities	19,850	19,363	17,938	17,576	16,851
Common Stock	18,488	4	4	4	4
Additional Paid-In Capital	-	12,634	12,512	12,449	12,329
Retained Earnings	-	10,305	8,468	7,594	6,794
Comprehensive Income & Other	-	-3,907	-3,946	-3,634	-4,197
Total Common Equity	18,488	19,036	17,038	16,413	14,930
Minority Interest	43	33	38	38	43
Shareholders' Equity	18,531	19,069	17,076	16,451	14,973
Total Liabilities & Equity	38,381	38,432	35,014	34,027	31,824
Total Debt	9,821	9,940	9,241	9,115	8,608
Net Cash (Debt)	-7,741	-7,331	-8,686	-8,525	-7,504
Net Cash Per Share	-19.38	-18.28	-21.67	-21.23	-18.57
Filing Date Shares Outstanding	394.1	399.5	398	398.8	398.1
Total Common Shares Outstanding	394.1	399.4	397.8	398.8	398.1
Working Capital	3,944	3,928	2,386	299	3,297
Book Value Per Share	46.91	47.66	42.83	41.16	37.50
Tangible Book Value	-883	-1,032	-3,243	-4,193	-2,148
Tangible Book Value Per Share	-2.24	-2.58	-8.15	-10.51	-5.40
Land	-	2,228	2,123	2,221	2,171
Machinery	-	6,435	5,845	5,544	5,366
Order Backlog	-	13,000	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.