# EATON CORPORATION plc (ETN) FY2024 Q1 Balance Sheet

- Company: EATON CORPORATION plc (ETN)
- Period: As of 2024-03-31
- Filing: Q1 FY2024 10-Q, filed 2024-04-30, accession number 0001551182-24-000013
- Page: https://plicit.ai/financials/etn/fy2024-q1-balance-sheet
- Chart image: https://plicit.ai/charts/etn-fy2024-q1-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2024-03-31. The chart shows assets, liabilities and equity at that date.

- **Assets**: 38,535,000,000 US dollars
- **Current assets**: 11,853,000,000 US dollars
- **Non-current assets**: 26,682,000,000 US dollars
- **Liabilities (calculated)**: 19,209,000,000 US dollars
- **Current liabilities**: 7,613,000,000 US dollars
- **Non-current liabilities**: 11,596,000,000 US dollars
- **Equity**: 19,326,000,000 US dollars
- **Noncontrolling interest**: 34,000,000 US dollars. Included in consolidated equity; this amount is not added again.
- **Land and buildings**: 2,215,000,000 US dollars. Part of Net property, plant and equipment, drawn as one net amount.
- **Machinery and equipment**: 6,577,000,000 US dollars. Part of Net property, plant and equipment, drawn as one net amount.
- **Accumulated depreciation**: negative 5,234,000,000 US dollars. Part of Net property, plant and equipment, drawn as one net amount.
- **Accounts receivable - net**: 4,674,000,000 US dollars
- **Inventory**: 3,868,000,000 US dollars
- **Short-term investments**: 1,969,000,000 US dollars
- **Prepaid expenses and other current assets**: 870,000,000 US dollars
- **Cash**: 473,000,000 US dollars
- **Goodwill**: 14,877,000,000 US dollars
- **Other intangible assets**: 4,975,000,000 US dollars
- **Net property, plant and equipment**: 3,558,000,000 US dollars
- **Other assets**: 2,070,000,000 US dollars
- **Operating lease assets**: 722,000,000 US dollars
- **Deferred income taxes**: 481,000,000 US dollars
- **Accounts payable**: 3,400,000,000 US dollars
- **Other current liabilities**: 2,726,000,000 US dollars
- **Current portion of long-term debt**: 994,000,000 US dollars
- **Accrued compensation**: 492,000,000 US dollars
- **Short-term debt**: 1,000,000 US dollars
- **Long-term debt**: 8,192,000,000 US dollars
- **Other noncurrent liabilities**: 1,478,000,000 US dollars
- **Pension liabilities**: 730,000,000 US dollars
- **Operating lease liabilities**: 601,000,000 US dollars
- **Deferred income taxes**: 419,000,000 US dollars
- **Other postretirement benefits liabilities**: 177,000,000 US dollars
- **Capital in excess of par value**: 12,630,000,000 US dollars
- **Retained earnings**: 10,605,000,000 US dollars
- **Ordinary shares (399.8 million outstanding in 2024 and 399.4 million in 2023)**: 4,000,000 US dollars
- **Noncontrolling interests**: 34,000,000 US dollars
- **Accumulated other comprehensive loss**: negative 3,946,000,000 US dollars
- **Shares held in trust**: negative 1,000,000 US dollars

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.
- The filed current assets lines add up to $11,854.00 M and the current assets total is $11,853.00 M; the $1.00 M difference is within the rounding of the filed amounts.
- The filed non-current assets lines add up to $26,683.00 M and the non-current assets total is $26,682.00 M; the $1.00 M difference is within the rounding of the filed amounts.
- The filed non-current liabilities lines add up to $11,597.00 M and the non-current liabilities total is $11,596.00 M; the $1.00 M difference is within the rounding of the filed amounts.