Stock Analysis on Net

Eaton Corp. plc (NYSE:ETN)

Cash Flow Statement 
Quarterly Data

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Eaton Corp. plc, consolidated cash flow statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: 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
Net income 1,011 994 822 946 893 745 639 722 608 602 533 551 630 506 459 476 447 54 438 453 602 636 522
Depreciation and amortization 235 227 225 231 229 228 238 238 237 235 244 238 247 229 208 208 206 198 199 216 226 221 221
Deferred income taxes (97) (23) 32 (113) (66) (20) 17 (54) (60) (29) 15 12 (50) (34) (39) (79) (39) 48 (16) (78) 10 (3)
Pension and other postretirement benefits expense 7 7 4 2 4 5 4 15 18 15 6 12 14 13 14 51 50 55 54 42 40 39 36
Contributions to pension plans (25) (18) (46) (30) (32) (22) (29) (36) (25) (23) (32) (25) (50) (25) (243) (30) (27) (27) (38) (30) (27) (23) (39)
Contributions to other postretirement benefits plans (5) (4) (4) (5) (5) (5) (5) (6) (6) (6) (6) (5) (2) (7) (6) (7) (7) (5) (4) (4) (5) (1) (5)
(Gain) loss on sale of business (24) (197) (91) 66
Changes in working capital 127 (260) (524) 287 186 (124) (498) 280 176 (359) (785) (10) (130) (61) (108) 278 262 341 (246) 58 339 (27) (306)
Other, net 56 23 (34) (20) (68) 43 (31) 27 17 (95) 91 22 9 16 (25) 46 29 93 27 136 (14) 25 125
Adjustments to reconcile to net cash provided by operating activities 298 (48) (347) 352 248 105 (304) 464 357 (262) (491) 244 (159) 131 (199) 467 474 703 (115) 484 481 244 29
Net cash provided by operating activities 1,309 946 475 1,298 1,141 850 335 1,186 965 340 42 795 471 637 260 943 921 757 323 937 1,083 880 551
Capital expenditures for property, plant and equipment (183) (187) (183) (243) (228) (160) (126) (209) (135) (139) (115) (163) (140) (153) (119) (98) (89) (90) (112) (146) (143) (149) (149)
Proceeds from sales of property, plant and equipment 7 19 58 22 54 (3) 3 (3) 74 88 4 14 14 16
Cash paid for acquisition of business, net of cash acquired 1 (51) 2 (612) (2,800) (1,700) (5) (195) (903) (34) (243)
Proceeds from (payments for) sale of business, net of cash sold (1) (1) 9 22 19 3,110 6 1,402 (36)
Investments in associate companies (68) (68) (25) (17) (2) (42) (80) (4) (15)
Return of investment from associate companies 33
(Purchases) sales of short-term investments, net 721 (276) 150 (557) (585) (692) (27) 26 (41) (3) (1) 115 (137) 681 (280) (320) (125) (26) 30 62 89 (237) 16
Proceeds from (payments for) settlement of currency exchange contracts not designated as hedges, net (15) (10) 11 31 19 1 41 (13) (25) (9) (24) (33) 47 (17) 122 54 (66) (16) 28 (24) (1) 51
Other, net (20) (4) (3) (46) (11) 17 (15) (20) (18) (19) (21) (37) (17) (31) (5) (16) (22) (9) (9) (39) (10) (12) 14
Net cash (used in) provided by investing activities 511 (544) 33 (793) (752) (906) (124) (217) (161) (60) (762) (76) 2,795 (2,282) (2,201) (312) (191) (200) 1,100 (1,034) (122) (642) (68)
Proceeds from borrowings 1,084 500 318 1,995 1,798 890 342
Payments on borrowings (612) (395) (4) (8) (6) (2) (3) (4) (2,002) (2) (4) (2) (2) (1,006) (3) (242) (2) (2) (3) 250 (442) (315)
Short-term debt, net (2) 3 (7) (16) (70) 11 (236) (579) (488) 279 1,105 (410) (2,950) 2,917 463 (1) (137) (198) 82
Cash dividends paid (374) (388) (368) (344) (343) (358) (334) (322) (323) (334) (320) (303) (303) (313) (300) (291) (292) (301) (291) (294) (298) (307) (302)
Exercise of employee stock options 8 5 41 5 27 29 17 12 3 5 8 15 17 10 21 40 14 3 14 26 15 5 20
Repurchase of shares (877) (600) (138) (100) (100) (86) (46) (17) (59) (144) (164) (1,300) (51) (538) (260) (180)
Employee taxes paid from shares withheld (4) (7) (56) (2) (7) (40) (2) (8) (50) (1) (2) (7) (37) (1) (2) (5) (29) (1) (1) (9) (35)
Other, net 8 (5) (4) (1) (5) (3) (2) (20) (1) (1) (6) (8) (2) (1) (3) (1) (2) (5) (1)
Net cash provided by (used in) financing activities (1,853) (303) (536) (364) (394) 168 (281) (895) (937) (160) 652 (701) (3,287) 1,578 1,875 (639) (585) (504) (1,530) (71) (824) (128) (471)
Effect of currency on cash (33) (32) 13 (1) 6 11 (10) 6 8 8 (2) (11) 15 (8) 1 (23) (11) (1) 8
Increase in cash classified as held for sale 13 (6) (7) 2 (1) (1)
Increase (decrease) in cash (66) 67 (15) 140 (5) 118 (59) 64 (133) 126 (60) 26 (8) (75) (84) 9 137 53 (131) (179) 137 109 20

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).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Eaton Corp. plc net cash provided by operating activities increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Net cash (used in) provided by investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Eaton Corp. plc net cash (used in) provided by investing activities decreased from Q1 2024 to Q2 2024 but then increased from Q2 2024 to Q3 2024 exceeding Q1 2024 level.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Eaton Corp. plc net cash provided by (used in) financing activities increased from Q1 2024 to Q2 2024 but then decreased significantly from Q2 2024 to Q3 2024.