Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Eaton Corp. plc, consolidated statement of comprehensive income

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	3,223)	2,466)	2,146)	1,415)	2,213)
Currency translation and related hedging instruments	235)	(647)	30)	201)	16)
Pensions and other postretirement benefits	(185)	175)	495)	(73)	(130)
Cash flow hedges	(11)	159)	37)	(33)	(31)
Other comprehensive income (loss), net of tax	39)	(313)	562)	95)	(145)
Comprehensive income	3,262)	2,153)	2,708)	1,510)	2,068)
Comprehensive income for noncontrolling interests	(5)	(4)	(2)	(5)	(2)
Comprehensive income attributable to Eaton ordinary shareholders	3,257)	2,149)	2,706)	1,505)	2,066)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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Comprehensive income item	Description	The company
Net income attributable to Eaton ordinary shareholders	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Eaton Corp. plc net income attributable to Eaton ordinary shareholders increased from 2021 to 2022 and from 2022 to 2023.
Comprehensive income attributable to Eaton ordinary shareholders	Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners.	Eaton Corp. plc comprehensive income attributable to Eaton ordinary shareholders decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.

Eaton Corp. plc (NYSE:ETN)

Statement of Comprehensive Income