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United States
Securities and Exchange Commission
Washington, D.C. 20549
Form 10-Q/A
Amendment #1 - To revise the Condensed Statements of Consolidated
Cash Flows to be consistent with other text in the
filing.
Quarterly Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
For the period ended June 30, 1995
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Commission file number 1-1396
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Eaton Corporation
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(Exact name of registrant as specified in its charter)
Ohio 34-0196300
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(State of incorporation) (I.R.S. Employer
Identification No.)
Eaton Center, Cleveland, Ohio 44114-2584
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(Address of principal executive offices) (Zip Code)
(216) 523-5000
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(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding twelve
months and (2) has been subject to such filing requirements for
the past 90 days. Yes X
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There were 77.9 million Common Shares outstanding as of
June 30, 1995.
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<TABLE>
Eaton Corporation
<CAPTION>
Condensed Statements of Consolidated Cash Flows
Six Months Ended
June 30
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(Millions) 1995 1994
---- ----
<S> <C> <C>
Operating activities
Net income $ 218 $ 160
Adjustments to reconcile to net cash provided by
operating activities
Depreciation and amortization 137 125
Changes in operating assets and liabilities,
excluding acquisitions of businesses (200) (112)
Other--net 26 56
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Net cash provided by operating activities 181 229
Investing activities
Acquisitions of businesses, less cash acquired (112) (1,097)
Expenditures for property, plant and equipment (144) (90)
Net change in short-term investments 2 246
Other--net 14 9
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Net cash used in investing activities (240) (932)
Financing activities
Borrowings with original maturities of more than
three months
Proceeds 299 581
Payments (64) (263)
Borrowings with original maturities of less than
three months - net (123) 142
Proceeds from sale of Common Shares 252
Proceeds from exercise of stock options 7 17
Cash dividends paid (55) (45)
Purchase of Common Shares (14)
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Net cash provided by financing activities 50 684
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Decrease in cash (9) (19)
Cash at beginning of year 18 32
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Cash at end of period $ 9 $ 13
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See accompanying notes.
</TABLE>
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Signature
Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
Eaton Corporation
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Registrant
Date: August 7, 1995 /s/ Stephen R. Hardis
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Stephen R. Hardis
Vice Chairman and Chief
Financial and Administrative
Officer; Principal Financial
Officer
