| |
As Reported |
On an Operating Basis |
|
2008
|
2007
|
2008
|
2007
|
(Millions except for per share data) |
|
|
|
|
|
|
|
|
|
|
$15,376 |
$13,033 |
$15,376 |
$13,033 |
Income before income taxes
|
1,128 |
1,041 |
1,205 |
1,105 |
Income after income taxes
|
$ 1,055 |
$ 959 |
$ 1,106 |
$ 1,001 |
Income from discontinued operations
|
3
|
35
|
3
|
35
|
|
$ 1,058
|
$ 994
|
$ 1,109
|
$ 1,036
|
Net income per Common Share assuming dilution
|
|
|
|
|
|
$ 6.50 |
$ 6.38 |
$ 6.81 |
$ 6.66 |
|
.02
|
.24
|
.02
|
.24
|
|
$ 6.52
|
$ 6.62
|
$ 6.83
|
$ 6.90
|
Average number of Common Shares outstanding assuming dilution
|
162.3 |
150.3 |
|
|
Cash dividends paid per Common Share
|
$ 2.00
|
$ 1.72
|
|
|
|
$ 16,655 |
$ 13,430 |
|
|
|
4,271 |
3,417 |
|
|
Shareholders’ equity
|
6,317
|
5,172
|
|
|
Results on an “operating basis” exclude pretax charges for acquisition integration actions of $77 in 2008 ($51 after-tax, or $.31 per Common Share) and $64 in 2007 ($42 after-tax, or $.28 per share).
The above graph compares the cumulative total shareholder return for the five years ending December 31, 2008 for Eaton Common Shares, the S&P 1500 Industrial Machinery Index and the S&P 500 Index. These figures assume all dividends are reinvested on the ex-dividend date, and are based on $100 invested in Eaton Common Shares on December 31, 2003.
|
EATON.COM
