EATON CORPORATION plc (ETN) FY2024 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-07-01 to 2024-09-30

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EATON CORPORATION plc cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $1,011,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $235,000,000.00Changes in working capital → Operating adjustments reconciliation: $127,000,000.00Other - net → Operating adjustments reconciliation: $56,000,000.00Pension and other postretirement benefits expense → Operating adjustments reconciliation: $7,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $298,000,000.00Operating adjustments reconciliation → Deferred income taxes: $97,000,000.00Operating adjustments reconciliation → Contributions to pension plans: $25,000,000.00Operating adjustments reconciliation → Contributions to other postretirement benefits plans: $5,000,000.00Sales (purchases) of short-term investments - net → investing reconciliation: $721,000,000.00Proceeds from sales of property, plant and equipment → investing reconciliation: $7,000,000.00Cash paid for acquisition of a business, net of cash acquired → investing reconciliation: $1,000,000.00investing reconciliation → Net cash from investing activities: $511,000,000.00investing reconciliation → Capital expenditures for property, plant and equipment: $183,000,000.00investing reconciliation → Other - net: $20,000,000.00investing reconciliation → Proceeds from (payments for) settlement of currency exchange contracts not designated as hedges - net: $15,000,000.00Net cash used in financing activities → financing reconciliation: $1,853,000,000.00Exercise of employee stock options → financing reconciliation: $8,000,000.00Other - net → financing reconciliation: $7,000,000.00Remaining financing cash flows, net (calculated) → financing reconciliation: $1,000,000.00financing reconciliation → Repurchase of shares: $877,000,000.00financing reconciliation → Payments on borrowings: $612,000,000.00financing reconciliation → Cash dividends paid: $374,000,000.00financing reconciliation → Employee taxes paid from shares withheld: $4,000,000.00financing reconciliation → Short-term debt, net: $2,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $540,000,000.00Net cash from operating activities → Cash sources and uses: $1,309,000,000.00Net cash from investing activities → Cash sources and uses: $511,000,000.00Cash sources and uses → Exchange-rate effect: $32,000,000.00Cash sources and uses → Difference in the filed cash totals (calculated): $2,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $473,000,000.00Cash sources and uses → Net cash used in financing activities: $1,853,000,000.00Net income: $1,011,000,000.00Net income+$1.01 BDepreciation and amortization: $235,000,000.00Depreciation & amortization+$235.00 MDeferred income taxes: -$97,000,000.00Deferred tax balances−$97.00 MPension and other postretirement benefits expense: $7,000,000.00Pension & postretirement expense+$7.00 MContributions to pension plans: -$25,000,000.00Pension contributions−$25.00 MContributions to other postretirement benefits plans: -$5,000,000.00Postretirement contributions−$5.00 MChanges in working capital: $127,000,000.00Other working capital, net+$127.00 MOther - net: $56,000,000.00Other operating, net+$56.00 MNet cash from operating activities: $1,309,000,000.00Operating cash+$1.31 BOperating adjustments reconciliation: $425,000,000.00Proceeds from borrowings: $0.00Payments on borrowings: -$612,000,000.00Debt repaid−$612.00 MShort-term debt, net: -$2,000,000.00Short-term debt, net−$2.00 MCash dividends paid: -$374,000,000.00Dividends paid−$374.00 MExercise of employee stock options: $8,000,000.00Stock option exercises+$8.00 MRepurchase of shares: -$877,000,000.00Common stock repurchases−$877.00 MEmployee taxes paid from shares withheld: -$4,000,000.00Stock-award tax withholding−$4.00 MOther - net: $7,000,000.00Other financing, net+$7.00 MRemaining financing cash flows, net (calculated): $1,000,000.00Remaining financing (calculated)+$1.00 MNet cash used in financing activities: -$1,853,000,000.00. Cash required to fund net payments.Financing cash−$1.85 Bfinancing reconciliation: $1,869,000,000.00Investments in associate companies: $0.00Return of investment from associate companies: $0.00Proceeds from sales of property, plant and equipment: $7,000,000.00PP&E sales+$7.00 MSales (purchases) of short-term investments - net: $721,000,000.00Short-term investments, net+$721.00 MOther - net: -$20,000,000.00Other investing, net−$20.00 MCash paid for acquisition of a business, net of cash acquired: $1,000,000.00Acquisitions, net of cash+$1.00 MCapital expenditures for property, plant and equipment: -$183,000,000.00PP&E purchases−$183.00 MProceeds from (payments for) settlement of currency exchange contracts not designated as hedges - net: -$15,000,000.00Derivatives, net−$15.00 MNet cash from investing activities: $511,000,000.00Investing cash+$511.00 Minvesting reconciliation: $729,000,000.00Cash sources and uses: $2,360,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $540,000,000.00Beginning cash$540.00 MEnding cash: Cash, cash equivalents, and restricted cash: $473,000,000.00Ending cash$473.00 MExchange-rate effect: -$32,000,000.00FX effect−$32.00 MDifference in the filed cash totals (calculated): -$2,000,000.00Filer's cash difference(calculated)−$2.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$1.13 BOperating cash − cash spent on PP&ECash flow / Net income1.29×Operating cash flow ÷ net incomeNet cash change−$67.00 MEnding cash − beginning cash
Chart details

EATON CORPORATION plc cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024

Cash flows for Jul 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 30, 2024. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jun 30, 2024
540,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
1,309,000,000 US dollars. Net cash provided.
Net income
1,011,000,000 US dollars
Depreciation and amortization
235,000,000 US dollars
Deferred income taxes
negative 97,000,000 US dollars
Pension and other postretirement benefits expense
7,000,000 US dollars
Contributions to pension plans
negative 25,000,000 US dollars
Contributions to other postretirement benefits plans
negative 5,000,000 US dollars
Changes in working capital
127,000,000 US dollars
Other - net
56,000,000 US dollars
Investing activities
511,000,000 US dollars. Net cash provided.
Investments in associate companies
0 US dollars
Return of investment from associate companies
0 US dollars
Proceeds from sales of property, plant and equipment
7,000,000 US dollars
Sales (purchases) of short-term investments - net
721,000,000 US dollars
Other - net
negative 20,000,000 US dollars
Cash paid for acquisition of a business, net of cash acquired
1,000,000 US dollars
Capital expenditures for property, plant and equipment
negative 183,000,000 US dollars
Proceeds from (payments for) settlement of currency exchange contracts not designated as hedges - net
negative 15,000,000 US dollars
Financing activities
negative 1,853,000,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the financing total. This quarter is the year to date less the prior quarter's year to date, and the prior quarter's tagged financing lines do not add up to its total. It may combine inflows and outflows.
Proceeds from borrowings
0 US dollars
Payments on borrowings
negative 612,000,000 US dollars
Short-term debt, net
negative 2,000,000 US dollars
Cash dividends paid
negative 374,000,000 US dollars
Exercise of employee stock options
8,000,000 US dollars
Repurchase of shares
negative 877,000,000 US dollars
Employee taxes paid from shares withheld
negative 4,000,000 US dollars
Other - net
7,000,000 US dollars
Remaining financing cash flows, net (calculated)
1,000,000 US dollars
Operating adjustment reconciliation
425,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing displayed reconciliation
1,869,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
investing gross reconciliation
729,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 32,000,000 US dollars
Difference in the filed cash totals (calculated)
negative 2,000,000 US dollars. Out of cash; drawn as the small gray flow above ending cash.
Ending cash on Sep 30, 2024
473,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
2,360,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 67,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.29×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
1,309,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
183,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
1,126,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $298.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • The filer's reported cash figures differ by $2.00 M: its operating, investing and financing totals, its reported net change in cash and the move from its beginning to its ending cash do not all agree. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 1,309,000,000 US dollars minus 183,000,000 US dollars equals 1,126,000,000 US dollars.
  • The filer's reported cash figures differ by $2.00 M: its operating, investing and financing totals, its reported net change in cash and the move from its beginning to its ending cash do not all agree. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
EATON CORPORATION plc (ETN) FY2024 Q3 Statement of Cash Flows Sankey chart
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