Segment Financial Data

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Note 14: Segment Financial Data

Segment Financial Data

Our operations are classified into five principal segments: Otis, UTC Climate, Controls & Security, Pratt & Whitney, UTC Aerospace Systems and Sikorsky. The segments are generally based on the management structure of the businesses and the grouping of similar operating companies, where each management organization has general operating autonomy over diversified products and services.

Results for the quarters ended March 31, 2015 and 2014 are as follows:

	Net Sales						Operating Profits						Operating Profit Margins
(Dollars in millions)	2015			2014			2015			2014			2015		2014
Otis	$	2,745		$	2,955		$	527		$	570		19.2	%	19.3	%
UTC Climate, Controls & Security	3,852			3,851			729			537			18.9	%	13.9	%
Pratt & Whitney	3,332			3,329			419			388			12.6	%	11.7	%
UTC Aerospace Systems	3,548			3,450			569			590			16.0	%	17.1	%
Sikorsky	1,267			1,361			92			86			7.3	%	6.3	%
Total segments	14,744			14,946			2,336			2,171			15.8	%	14.5	%
Eliminations and other	(203		)	(201		)	48			39
General corporate expenses	—			—			(110		)	(112		)
Consolidated	$	14,541		$	14,745		$	2,274		$	2,098		15.6	%	14.2	%

See Note 7 to the Condensed Consolidated Financial Statements for a discussion of restructuring costs included in segment operating results.