Restructuring and Other Costs (Tables)

9 Months Ended

Sep. 30, 2015

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs [Table Text Block]

The following table summarizes expected, incurred and remaining costs for the 2014 restructuring actions by segment:

(Dollars in millions)	Expected Costs		Costs Incurred in 2014			Costs Incurred Quarter Ended March 31, 2015			Costs Incurred Quarter Ended June 30, 2015			Costs Incurred Quarter Ended September 30, 2015			Remaining Costs at September 30,  2015
Otis	$	129	$	(98	)	$	(6	)	$	(4	)	$	(6	)	$	15
UTC Climate, Controls & Security	127		(86		)	(7		)	(18		)	(5		)	11
Pratt & Whitney	118		(64		)	(10		)	(2		)	(13		)	29
UTC Aerospace Systems	83		(72		)	—			(1		)	(1		)	9
Eliminations and other	5		(5		)	—			—			—			—
Discontinued operations	20		(20		)	—			—			—			—
Total	$	482	$	(345	)	$	(23	)	$	(25	)	$	(25	)	$	64

(Dollars in millions)
Cost of sales	$	106
Selling, general and administrative	99
Restructuring costs recorded within continuing operations	205
Restructuring costs recorded within discontinued operations	139
Total	$	344

The following table summarizes expected, incurred and remaining costs for the 2015 restructuring actions by segment:

(Dollars in millions)	Expected Costs		Costs Incurred Quarter Ended March 31, 2015			Costs Incurred Quarter Ended June 30, 2015			Costs Incurred Quarter Ended September 30, 2015			Remaining Costs at September 30, 2015
Otis	$	26	$	—		$	(4	)	$	(12	)	$	10
UTC Climate, Controls & Security	49		(16		)	(12		)	(11		)	10
Pratt & Whitney	19		(1		)	(2		)	(10		)	6
UTC Aerospace Systems	68		(47		)	4			(13		)	12
Eliminations and other	5		—			(1		)	(4		)	—
Discontinued operations	164		—			(26		)	(116		)	22
Total	$	331	$	(64	)	$	(41	)	$	(166	)	$	60

(Dollars in millions)
Otis	$	32
UTC Climate, Controls & Security	67
Pratt & Whitney	37
UTC Aerospace Systems	64
Eliminations and other	5
Restructuring costs recorded within continuing operations	205
Restructuring costs recorded within discontinued operations	139
Total	$	344

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]

(Dollars in millions)	Severance			Facility Exit, Lease Termination and Other Costs			Total
Restructuring accruals at July 1, 2015	$	89		$	—		$	89
Net pre-tax restructuring costs	157			9			166
Utilization and foreign exchange	(157		)	(7		)	(164		)
Balance at September 30, 2015	$	89		$	2		$	91

(Dollars in millions)	Severance			Facility Exit, Lease Termination and Other Costs			Total
Restructuring accruals at July 1, 2015	$	123		$	6		$	129
Net pre-tax restructuring costs	19			6			25
Utilization and foreign exchange	(24		)	(9		)	(33		)
Balance at September 30, 2015	$	118		$	3		$	121