ETN · 8-K · 20260731PR000027
Debt and Liquidity Position
Eaton Corp plc · 2026-07-31 · Importance 89 · Surprise 82 · No source text
Cash declined to $483 million at June 30, 2026, from $622 million at December 31, 2025, while short-term investments increased to $212 million from $181 million. Total short-term debt and current long-term debt were $2.102 billion at June 30, compared with $1.137 billion at year-end 2025. Long-term debt increased to $18.509 billion from $8.758 billion, raising total reported debt by approximately $10.7 billion. The planned Mobility transaction is expected to provide approximately $1.1 billion of cash before closing, which Eaton intends to use within its capital allocation framework, including repayment of outstanding indebtedness.
Key facts
- Eaton will receive a cash distribution of approximately $1.1 billion prior to completion of the Transaction, subject to adjustments and charges. source
- Accounts receivable - net at June 30, 2026 were $6,673 million and inventory was $5,417 million. source
- Total current assets at June 30, 2026 were $14,772 million and total assets were $56,181 million. source
- Long-term debt at June 30, 2026 was $18,509 million. source
- Total current liabilities at June 30, 2026 were $11,909 million and total noncurrent liabilities were $23,972 million. source
- Eaton shareholders’ equity at June 30, 2026 was $20,254 million and total equity was $20,299 million. source
- Goodwill on the balance sheet at June 30, 2026 was $20,229 million and other intangible assets were $12,611 million. source
- Short-term debt at June 30, 2026 was $2,091 million and current portion of long-term debt was $11 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | committed | — | Eaton will receive a cash distribution of approximately $1.1 billion prior to completion of the Transaction, subject to adjustments and… |
| assets | positive | realized | — | Accounts receivable - net at June 30, 2026 were $6,673 million and inventory was $5,417 million. |
| assets | positive | realized | — | Accounts receivable - net at June 30, 2026 were $6,673 million and inventory was $5,417 million. |
| assets | positive | realized | — | Total current assets at June 30, 2026 were $14,772 million and total assets were $56,181 million. |
| liability | negative | realized | — | Long-term debt at June 30, 2026 was $18,509 million. |
| liability | negative | realized | — | Total current liabilities at June 30, 2026 were $11,909 million and total noncurrent liabilities were $23,972 million. |
| liability | negative | realized | — | Total current liabilities at June 30, 2026 were $11,909 million and total noncurrent liabilities were $23,972 million. |
| assets | positive | realized | — | Eaton shareholders’ equity at June 30, 2026 was $20,254 million and total equity was $20,299 million. |
| assets | positive | realized | — | Goodwill on the balance sheet at June 30, 2026 was $20,229 million and other intangible assets were $12,611 million. |
| assets | positive | realized | — | Goodwill on the balance sheet at June 30, 2026 was $20,229 million and other intangible assets were $12,611 million. |