Eaton — Oct 31, 2024 release

Restructuring charges incurred under this program were $54 million in the third quarter and $132 million in the first nine months of 2024. This restructuring program is expected to be completed in 2026 and is expected to incur additional expenses related to workforce reductions of $198 million and plant closing and other costs of $45 million, resulting in total estimated charges of $375 million for the entire program. The Company expects mature year benefits of $325 million when the multi-year program is fully implemented. A summary of restructuring program charges is as follows: Three months ended September 30 Nine months ended September 30 (In millions except for per share data) 2024 2023 2024 2023 Workforce reductions $ 10  $ —  $ 78  $ 17  Plant closing and other 44  7  55  29  Total before income taxes 54  7  132  46  Income tax benefit 11  1  28  8  Total after income taxes $ 43  $ 5  $ 104  $ 37  Per ordinary share - diluted $ 0.11  $ 0.01  $ 0.26  $ 0.09  Restructuring program charges (income) related to the following segments: Three months ended September 30 Nine months ended September 30 (In millions) 2024 2023 2024 2023 Electrical Americas $ —  $ —  $ 9  $ 4  Electrical Global 42  5  70  22  Aerospace (1) 1  7  4  Vehicle 4  1  32  4  eMobility 2  —  2  6  Corporate 6  —  13  6  Total charges $ 54  $ 7  $ 132  $ 46  These restructuring program charges were included in Cost of products sold, Selling and administrative expense, Research and development expense, or Other income – net, as appropriate. In Busine