Close the sale of the Hydraulics business
Delivered after the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 4 Feb 2020
- Due
- 31 Dec 2020
- Delivered
- by 2 Aug 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“the Hydraulics sale is expected to close by the end of the year”
What we found
Evidence strength A What the grades mean
Eaton did not close the Hydraulics business sale by the end of 2020; the divestiture was completed in August 2021.
-
A Eaton Corporation 8-K filed 2021-02-02
“During the first quarter of 2020, the Company determined the Hydraulics business met the criteria to be classified as held for sale. Therefore, its assets and liabilities have been presented as held for sale” ✓ confirmed on the page
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A Eaton Corporation 10-Q filed 2021-11-02
“Gain on sale of the Hydraulics and Lighting businesses(617)— (617)(221)” ✓ confirmed on the page
Market reaction: the shares moved +3.2% against the S&P 500 over the three sessions around the disclosure (1 Nov 2021 to 4 Nov 2021). What this measures
Checked 12 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift +181 days
- 3 versions
-
Version 1 · original · stated 4 Feb 2020
Deadline 31 Dec 2020 (“by the end of the year”) · wording expected
-
Version 2 · stated 30 Apr 2020
Deadline 31 Dec 2020 (“by End of 2020”) · target 3.3 Billion · wording expected
“Expect to Complete the Hydraulics Business Sale for $3.3 Billion by End of 2020”
-
Version 3 · stated 4 May 2021
Deadline 30 Jun 2021 (“in the second quarter”) · wording expected
“The Hydraulics sale to Danfoss is expected to close in the second quarter”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Hydraulics business divestiture
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Depends on
- Regulatory
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-ETN-007521 · Corrections policy