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

9 Months Ended

Sep. 30, 2016

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

Changes in our goodwill balances for the nine months ended September 30, 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 September 30, 2016
Otis	$	1,566	$	19	$	49		$	1,634
UTC Climate, Controls & Security	9,458		450		(208		)	9,700
Pratt & Whitney	1,515		—		(4		)	1,511
UTC Aerospace Systems	14,759		25		(210		)	14,574
Total Segments	27,298		494		(373		)	27,419
Eliminations and other	3		—		—			3
Total	$	27,301	$	494	$	(373	)	$	27,422

Intangible Assets Disclosure [Table Text Block]

Identifiable intangible assets are comprised of the following:



	September 30, 2016					December 31, 2015
(Dollars in millions)	Gross Amount		Accumulated Amortization			Gross Amount		Accumulated Amortization
Amortized:
Service portfolios	$	2,068	$	(1,404	)	$	1,977	$	(1,307	)
Patents and trademarks	379		(202		)	361		(189		)
Collaboration intangible assets	3,637		(176		)	3,336		(86		)
Customer relationships and other	12,840		(3,410		)	12,430		(2,988		)
	18,924		(5,192		)	18,104		(4,570		)
Unamortized:
Trademarks and other	2,068		—			2,069		—
Total	$	20,992	$	(5,192	)	$	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 the pattern of expected economic benefit on certain aerospace intangible assets.



(Dollars in millions)	Remaining 2016		2017		2018		2019		2020		2021
Amortization expense	$	197	$	817	$	874	$	879	$	865	$	827