CLEVELAND (Jan. 22)—Eaton Corp. today reported net income of $84 million on sales of $2.14 billion for the fourth quarter ended Dec. 31. That compares to the year earlier´s fourth quarter income of $224 million on sales of $2.2 billion which included a gain on the sale of a business. During the past two years Eaton has taken restructuring charges. For the year, Eaton posted net income of $473 million on record sales of $8.99 billion, compared to earnings of $439 million on sales of $8.4 billion during 1999. To achieve results comparable with those of last year, Eaton included Axcelis Technologies Inc., which was spun off effective Dec. 29, in the income statements.