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Acquisitions, Dispositions, Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2016

Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]

Schedule of Variable Interest Entities [Table Text Block]

The carrying amounts and classification of assets and liabilities for IAE in our Condensed Consolidated Balance Sheet as of March 31, 2016 are as follows:



(Dollars in millions)
Current assets	$	2,161
Noncurrent assets	968
Total assets	$	3,129

Current liabilities	$	1,792
Noncurrent liabilities	1,182
Total liabilities	$	2,974

Schedule of Goodwill [Table Text Block]

Changes in our goodwill balances for the quarter ended March 31, 2016 were as follows:



(Dollars in millions)	Balance as of January 1, 2016		Goodwill Resulting from Business Combinations		Foreign Currency Translation and Other			Balance as of March 31, 2016
Otis	$	1,566	$	—	$	21		$	1,587
UTC Climate, Controls & Security	9,458		89		5			9,552
Pratt & Whitney	1,515		—		—			1,515
UTC Aerospace Systems	14,759		20		(28		)	14,751
Total Segments	27,298		109		(2		)	27,405
Eliminations and other	3		—		—			3
Total	$	27,301	$	109	$	(2	)	$	27,408

Intangible Assets Disclosure [Table Text Block]

Identifiable intangible assets are comprised of the following:



	March 31, 2016					December 31, 2015
(Dollars in millions)	Gross Amount		Accumulated Amortization			Gross Amount		Accumulated Amortization
Amortized:
Service portfolios	$	2,048	$	(1,371	)	$	1,977	$	(1,307	)
Patents and trademarks	367		(196		)	361		(189		)
IAE collaboration	3,436		(116		)	3,336		(86		)
Customer relationships and other	12,600		(3,136		)	12,430		(2,988		)
	18,451		(4,819		)	18,104		(4,570		)
Unamortized:
Trademarks and other	2,087		—			2,069		—
Total	$	20,538	$	(4,819	)	$	20,173	$	(4,570	)

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

The following is the expected amortization of intangible assets for the years 2016 through 2021, which reflects an increase in expected amortization expense due to the pattern of economic benefit on certain aerospace intangible assets.



(Dollars in millions)	Remaining 2016		2017		2018		2019		2020		2021
Amortization expense	$	538	$	736	$	764	$	759	$	757	$	797

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

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