Stock Analysis on Net

Balance Sheet: Liabilities and Stockholders’ Equity 
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Eaton Corp. plc, consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Short-term debt 3 4 1 8 24 94 87 324 903 1,392 1,116 13 428 3,373 464 1 2 139 337 255 2 2 741
Current portion of long-term debt 714 1,278 994 1,017 975 402 8 10 23 2,030 1,728 1,735 116 8 1,012 1,047 1,251 1,223 250 248 6 5 42
Accounts payable 3,609 3,497 3,400 3,365 3,255 3,192 3,118 3,072 2,937 3,013 2,867 2,797 2,591 2,484 2,172 1,987 1,788 1,620 1,785 2,114 2,290 2,268 2,274
Accrued compensation 687 529 492 676 592 465 350 467 432 363 331 501 489 425 334 351 336 254 274 449 421 357 302
Liabilities held for sale 527 501 468 424 432 458 325
Other current liabilities 2,928 2,812 2,726 2,681 2,717 2,572 2,524 2,487 2,358 2,176 2,214 2,166 2,290 2,089 2,098 2,027 2,004 1,821 1,840 1,741 1,942 1,818 1,927
Current liabilities 7,941 8,120 7,613 7,747 7,563 6,725 6,087 6,360 6,653 8,974 8,256 7,212 5,914 8,906 6,581 5,881 5,805 5,489 4,944 5,132 4,661 4,450 5,286
Long-term debt, excluding current portion 8,678 8,555 8,192 8,244 8,150 8,804 8,701 8,321 8,082 6,277 6,763 6,831 8,520 8,721 8,682 7,010 6,948 6,906 7,842 7,819 8,013 8,079 6,782
Pension liabilities 709 709 730 768 611 642 651 649 817 772 831 872 1,029 1,085 1,283 1,588 1,343 1,324 1,324 1,462 1,239 1,266 1,265
Other postretirement benefits liabilities 174 175 177 180 170 173 174 177 246 253 260 263 273 322 326 330 319 322 322 328 322 324 320
Noncurrent operating lease liabilities 681 656 601 533 486 482 466 459 447 386 342 337 343 366 328 326 323 320 334 331 333 311 308
Deferred income taxes 387 429 419 402 460 531 537 530 527 628 635 559 494 494 445 277 306 310 354 396 309 389 360
Other noncurrent liabilities 1,504 1,484 1,478 1,489 1,429 1,428 1,417 1,444 1,489 1,446 1,465 1,502 1,541 1,460 1,398 1,439 1,423 1,442 1,437 1,204 1,118 1,064 1,061
Noncurrent liabilities 12,133 12,008 11,597 11,616 11,306 12,060 11,946 11,580 11,608 9,762 10,296 10,364 12,200 12,448 12,462 10,970 10,662 10,624 11,613 11,540 11,334 11,433 10,096
Total liabilities 20,074 20,128 19,210 19,363 18,869 18,785 18,033 17,940 18,261 18,736 18,552 17,576 18,114 21,354 19,043 16,851 16,467 16,113 16,557 16,672 15,995 15,883 15,382
Ordinary shares 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4
Capital in excess of par value 12,695 12,663 12,630 12,634 12,604 12,554 12,502 12,513 12,478 12,452 12,427 12,449 12,411 12,368 12,335 12,329 12,266 12,228 12,203 12,200 12,151 12,112 12,085
Retained earnings 10,366 10,622 10,605 10,305 9,703 9,156 8,757 8,468 8,070 7,886 7,707 7,594 7,345 7,068 6,883 6,794 6,741 6,767 7,007 8,170 8,062 8,300 8,225
Accumulated other comprehensive loss (3,947) (4,069) (3,946) (3,906) (3,927) (3,760) (3,814) (3,946) (4,483) (3,961) (3,517) (3,633) (3,788) (4,031) (4,225) (4,195) (4,533) (4,809) (4,966) (4,290) (4,367) (4,108) (4,078)
Shares held in trust (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (2) (2) (2) (2) (3) (2) (2) (2) (3)
Total Eaton shareholders’ equity 19,117 19,219 19,292 19,036 18,383 17,953 17,449 17,038 16,068 16,380 16,620 16,413 15,971 15,408 14,995 14,930 14,476 14,188 14,245 16,082 15,848 16,306 16,233
Noncontrolling interests 45 35 34 33 37 35 36 37 35 36 36 38 43 42 42 43 42 47 43 51 52 55 34
Total equity 19,162 19,254 19,326 19,069 18,420 17,988 17,485 17,075 16,103 16,416 16,656 16,451 16,014 15,450 15,037 14,973 14,518 14,235 14,288 16,133 15,900 16,361 16,267
Total liabilities and equity 39,236 39,382 38,536 38,432 37,289 36,773 35,518 35,015 34,364 35,152 35,208 34,027 34,128 36,804 34,080 31,824 30,985 30,348 30,845 32,805 31,895 32,244 31,649

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Eaton Corp. plc current liabilities increased from Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Eaton Corp. plc noncurrent liabilities increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Eaton Corp. plc total liabilities increased from Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024.
Total Eaton shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Eaton Corp. plc total Eaton shareholders’ equity decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.