For the quarter ending 2025-09-30, ETN had -$70M decrease in cash & cash equivalents over the period. $1,173M in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Accrued income and other taxes | - | - | - | 142 |
| Accrued compensation | - | - | - | 21 |
| Other current liabilities | - | - | - | 79 |
| Accounts receivable - net | - | - | - | 215 |
| Other current assets | - | - | - | 79 |
| Accounts payable | - | - | - | 399 |
| Net income | 1,011 | 982 | 965 | 971 |
| Inventory | - | - | - | 566 |
| Depreciation and amortization | 258 | 261 | 232 | 234 |
| Deferred income taxes | 49 | -98 | -25 | 66 |
| Pension and other postretirement benefits expense | 11 | 11 | 9 | 6 |
| Contributions to pension plans | 23 | 24 | 34 | 21 |
| Contributions to other postretirement benefits plans | 4 | 5 | 4 | 5 |
| Changes in working capital | -84 | 484 | 256 | - |
| Gain on sale of business | - | - | - | 0 |
| Other - net | 63 | 79 | -42 | 40 |
| Net cash provided by operating activities | 1,351 | 918 | 238 | 1,597 |
| Capital expenditures for property, plant and equipment | 178 | 202 | 147 | 255 |
| Cash paid for acquisition of businesses, net of cash acquired | 54 | 1,450 | - | 0 |
| Proceeds from sales of property, plant and equipment | 0 | 4 | 49 | 1 |
| Investments in associate companies | 0 | 3 | 13 | 2 |
| Return of investment from associate companies | 0 | 0 | - | 0 |
| Sales of short-term investments - net | 56 | 23 | -1,366 | 20 |
| Payments for settlement of currency exchange contracts not designated as hedges - net | 13 | - | - | - |
| Other - net | 14 | 27 | 22 | 5 |
| Proceeds from (payments for) settlement of currency exchange contracts not designated as hedges - net | - | 21 | 0 | -11 |
| Proceeds from (payments for) sale of business, net of cash sold | - | - | - | 0 |
| Net cash used in investing activities | -293 | -1,723 | 1,233 | -271 |
| Proceeds from borrowings | 0 | 1,058 | - | 0 |
| Payments on borrowings | 1 | 710 | 3 | 4 |
| Short-term debt, net | -350 | 306 | 805 | -2 |
| Cash dividends paid | 404 | 421 | 397 | 370 |
| Exercise of employee stock options | 8 | 22 | 7 | 15 |
| Repurchase of shares | 362 | 692 | 615 | 877 |
| Employee taxes paid from shares withheld | 4 | 5 | 41 | 3 |
| Other - net | -2 | -11 | 0 | -3 |
| Net cash used in financing activities | -1,115 | -453 | -244 | -1,244 |
| Effect of currency on cash | -12 | -119 | -7 | 0 |
| Total decrease in cash | -70 | -1,378 | 1,221 | 81 |
| Cash and cash equivalents at beginning of period | 555 | - | - | - |
| Cash and cash equivalents at end of period | 328 | - | - | - |
Eaton Corp plc (ETN)
Eaton Corp plc (ETN)