← Eaton Corp plc

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $1.9b $3.0b $2.1b $2.2b $1.4b $2.1b $2.5b $3.2b $3.8b $4.1b
Net Income (Loss) Available to Common Stockholders, Basic $1.9b $3.0b $2.1b $2.2b $1.4b $2.1b $2.5b $3.2b $3.8b $4.1b
Net Income (Loss) Attributable to Noncontrolling Interest $3.0m $1.0m $1.0m $2.0m $5.0m $2.0m $4.0m $5.0m $4.0m $3.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $1.9b $3.0b $2.1b $2.2b $1.4b $2.1b $2.5b $3.2b $3.8b $4.1b
Amortization of Intangible Assets $392.0m $383.0m $368.0m $354.0m $342.0m $431.0m $483.0m $432.0m — —
Depreciation $486.0m $476.0m $473.0m $465.0m $408.0m $426.0m $408.0m $429.0m $446.0m $477.0m
Depreciation, Depletion and Amortization $929.0m $914.0m $903.0m $884.0m $811.0m $922.0m $954.0m $926.0m $921.0m $1.0b
Deferred Income Tax Expense (Benefit) ($102.0m) $24.0m ($139.0m) ($58.0m) ($125.0m) ($30.0m) ($128.0m) ($182.0m) ($154.0m) $45.0m
Deferred income taxes ($80.0m) ($206.0m) ($115.0m) ($71.0m) ($86.0m) ($111.0m) ($128.0m) ($182.0m) ($154.0m) $45.0m
Payment, Tax Withholding, Share-based Payment Arrangement — $22.0m $24.0m $46.0m $37.0m $47.0m $60.0m $49.0m $70.0m $52.0m
Share-based Payment Arrangement, Expense $14.0m $11.0m $11.0m $9.0m — — — — — —
Gain (Loss) on Disposition of Business $0 $1.1b $0 $0 $221.0m $617.0m $24.0m $0 $0 —
Income (Loss) from Equity Method Investments $0 $0 $0 $0 — — — — $12.0m $8.0m
Income Tax Expense (Benefit) $202.0m $382.0m $278.0m $378.0m $331.0m $750.0m $445.0m $604.0m $768.0m $841.0m
Interest Expense Nonoperating — — — — — — — — — $241.0m
Other Nonoperating Income (Expense) $107.0m $38.0m $4.0m ($36.0m) ($150.0m) ($40.0m) $36.0m $93.0m — ($37.0m)
Changes in operating assets and liabilities:
Changes in working capital $14.0m $291.0m ($149.0m) $272.0m $195.0m $22.0m $40.0m — — —
Additional Financial Items
Accounts payable $0 $388.0m $23.0m $147.0m $76.0m $832.0m $334.0m $256.0m $399.0m $332.0m
Accounts receivable - net ($170.0m) ($231.0m) ($123.0m) $200.0m $219.0m ($271.0m) ($743.0m) ($341.0m) ($215.0m) ($420.0m)
Accrued compensation $20.0m $59.0m $23.0m ($23.0m) ($65.0m) $154.0m ($16.0m) $197.0m $21.0m ($50.0m)
Accrued income and other taxes $30.0m ($4.0m) ($31.0m) ($49.0m) ($95.0m) ($317.0m) $170.0m $61.0m $142.0m ($116.0m)
Cash at the beginning of the period $268.0m $543.0m $561.0m $283.0m $438.0m $297.0m $294.0m $488.0m $555.0m $622.0m
Contributions to other postretirement benefits plans ($30.0m) ($20.0m) ($25.0m) ($15.0m) ($23.0m) ($20.0m) ($24.0m) ($20.0m) ($18.0m) ($16.0m)
Contributions to pension plans ($262.0m) ($473.0m) ($126.0m) ($119.0m) ($122.0m) ($343.0m) ($116.0m) ($113.0m) ($110.0m) ($124.0m)
Deferred revenue liabilities — — — — — — — $119.0m $2.0m $202.0m
Effect of currency on cash ($28.0m) $11.0m $43.0m ($4.0m) ($15.0m) ($5.0m) $4.0m $16.0m ($52.0m) ($131.0m)
Exercise of employee stock options $74.0m $66.0m $29.0m $66.0m $71.0m $63.0m $28.0m $78.0m $69.0m $39.0m
Gain (Loss) Related to Litigation Settlement $0 — $275.0m $0 $0 — — — — —
Goodwill $13.2b $13.6b $13.3b $13.5b $12.9b $14.8b $14.8b $15.0b $14.7b $15.8b
Increase (Decrease) in Accounts Payable $0 $388.0m $23.0m $147.0m $76.0m $832.0m $334.0m $256.0m $399.0m $332.0m
Increase (Decrease) in Accounts Receivable $170.0m $231.0m $123.0m ($200.0m) ($219.0m) $271.0m $743.0m $341.0m $215.0m $420.0m
Increase (Decrease) in Inventories ($25.0m) $202.0m $242.0m $60.0m ($371.0m) $629.0m $490.0m $282.0m $566.0m $256.0m
Inventory $25.0m ($202.0m) ($242.0m) ($60.0m) $371.0m ($629.0m) ($490.0m) ($282.0m) ($566.0m) ($256.0m)
Investments in associate companies — — — ($11.0m) ($19.0m) ($124.0m) ($42.0m) ($68.0m) ($70.0m) ($16.0m)
Other - net ($6.0m) ($14.0m) ($2.0m) ($9.0m) ($6.0m) ($15.0m) ($23.0m) ($9.0m) ($4.0m) ($14.0m)
Other current assets ($21.0m) $2.0m $71.0m ($94.0m) ($67.0m) ($116.0m) ($179.0m) ($112.0m) ($79.0m) ($198.0m)
Other current liabilities ($62.0m) ($203.0m) $144.0m ($57.0m) $196.0m $38.0m $236.0m $72.0m $79.0m $145.0m
Payments on borrowings ($653.0m) ($1.6b) ($574.0m) ($507.0m) ($504.0m) ($1.0b) ($2.0b) ($19.0m) ($1.0b) ($717.0m)
Pension and other postretirement benefits expense $235.0m $208.0m $159.0m $157.0m $210.0m $53.0m $54.0m $15.0m $24.0m $43.0m
Proceeds from (payments for) settlement of currency exchange contracts not designated as hedges - net $0 $0 ($110.0m) $54.0m $94.0m ($27.0m) ($47.0m) $92.0m ($3.0m) $3.0m
Proceeds from Contributions from Affiliates $0 $0 $0 — — — — — — —
Proceeds from Stock Options Exercised $74.0m $66.0m $29.0m $66.0m $71.0m $63.0m $28.0m $78.0m $69.0m $39.0m
Proceeds from borrowings $631.0m $1.0b $410.0m $1.2b $1.0m $1.8b $2.0b $818.0m $1.1b $1.1b
Repurchase of shares ($730.0m) ($850.0m) ($1.3b) ($1.0b) ($1.6b) ($122.0m) ($286.0m) $0 ($2.5b) ($1.9b)
Return of investment from associate companies — — — — — — $1.0m $9.0m $33.0m $0
Short-term debt, net — — — ($159.0m) ($254.0m) $20.0m $317.0m ($311.0m) ($8.0m) $1.0m
Unbilled receivables — — — — — — — ($54.0m) ($52.0m) ($357.0m)
Net Cash Provided by (Used in) Operating Activities $2.6b $2.7b $2.7b $3.5b $2.9b $2.2b $2.5b $3.6b $4.3b $4.5b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $497.0m $520.0m $565.0m $587.0m $389.0m $575.0m $598.0m $757.0m $808.0m $919.0m
Proceeds from sales of property, plant and equipment — — — — $12.0m $44.0m $163.0m $76.0m $85.0m $80.0m
Cash paid for acquisition of businesses, net of cash acquired $1.0m $0 $0 ($1.2b) ($200.0m) ($4.5b) ($610.0m) $0 ($50.0m) ($1.5b)
Payments to Acquire Businesses, Net of Cash Acquired ($1.0m) $0 $0 $1.2b $200.0m $4.5b $610.0m $0 $50.0m $1.5b
Payments to Acquire Investments $0 $0 $0 — — $124.0m $42.0m $68.0m $70.0m $16.0m
Sales (purchases) of short-term investments - net ($40.0m) ($298.0m) $355.0m ($70.0m) ($441.0m) $379.0m ($19.0m) ($1.9b) $575.0m $1.3b
Payments for (Proceeds from) Other Investing Activities ($7.0m) $6.0m $78.0m $47.0m $75.0m $46.0m $79.0m $54.0m $32.0m $98.0m
Net Cash Provided by (Used in) Investing Activities ($529.0m) ($217.0m) ($398.0m) ($1.9b) $397.0m ($1.8b) ($1.2b) ($2.6b) ($271.0m) ($1.1b)
Cash flows from financing activities:
Payments for Repurchase of Common Stock $730.0m $850.0m $1.3b $1.0b $1.6b $122.0m $286.0m $0 $2.5b $1.9b
Cash dividends paid ($1k) ($1k) ($1k) ($1k) ($1k) ($1k) ($1k) ($1k) ($2k) ($2k)
Dividends paid $1.0b $1.1b $1.1b $1.2b $1.2b $1.2b $1.3b $1.4b $1.5b $1.6b
Proceeds from (Payments for) Other Financing Activities ($6.0m) ($14.0m) ($2.0m) ($9.0m) ($6.0m) ($15.0m) ($23.0m) ($9.0m) ($4.0m) ($14.0m)
Net Cash Provided by (Used in) Financing Activities ($1.7b) ($2.4b) ($2.6b) ($1.5b) ($3.3b) ($535.0m) ($1.3b) ($871.0m) ($3.9b) ($3.2b)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — ($15.0m) ($5.0m) $4.0m $16.0m ($52.0m) ($131.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — — $68.0m ($141.0m) ($3.0m) $194.0m $67.0m $67.0m
Total increase in cash $275.0m $18.0m ($278.0m) $87.0m $68.0m ($141.0m) ($3.0m) $194.0m $67.0m $67.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — $438.0m $297.0m $294.0m $488.0m $555.0m $622.0m
Employee taxes paid from shares withheld ($18.0m) ($22.0m) ($24.0m) ($46.0m) ($37.0m) ($47.0m) ($60.0m) ($49.0m) ($70.0m) ($52.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.