Eaton Corporation FWP

Filed pursuant to Rule 433
Registration No. 333-130318
August 7, 2006
    Eaton Corporation  
Principal Amount:
    $ 250,000,0000  
Security Type:
    Floating Rate Senior Notes due 2009  
    August 10, 2009  
Price to Public:
    100% of principal amount  
Interest Rate Basis:
    3-month USD LIBOR  
    Plus 8 basis points  
Interest Payment Dates:
    Quarterly on February 10, May 10, August 10 and November 10, commencing on November 10, 2006 and ending on the Maturity Date  
Interest Reset Dates:
    Same as Interest Payment Dates, excluding the
Maturity Date
Initial Base Rate:
    3-month USD LIBOR, as determined on August 8,
Settlement Date:
    August 10, 2006  
Redemption Provision:
    Banc of America Securities LLC  
The issuer has filed a registration statement (including a prospectus) with the SEC for the offerings to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-294-1322 or you may e-mail a request to