Restructuring and Other Costs (Tables)

3 Months Ended

Mar. 31, 2018

Restructuring Cost and Reserve [Line Items]

Schedule of Restructuring and Related Costs [Table Text Block]

We recorded charges in the segments as follows:

(dollars in millions)
Otis	$	26
UTC Climate, Controls & Security	14
Pratt & Whitney	—
UTC Aerospace Systems	27
Eliminations and other	2
Total	$	69

Restructuring charges incurred during the quarter ended March 31, 2018 primarily relate to actions initiated during 2018 and 2017, and were recorded as follows:

(dollars in millions)
Cost of sales	$	39
Selling, general and administrative	30
Total	$	69

Current Year Actions [Member]

Restructuring Cost and Reserve [Line Items]

Schedule of Restructuring and Related Costs [Table Text Block]

The following table summarizes expected, incurred and remaining costs for the 2018 restructuring actions by segment:

(dollars in millions)	Expected Costs		Costs Incurred Quarter Ended March 31, 2018			Remaining Costs at March 31, 2018
Otis	$	13	$	(9	)	$	4
UTC Climate, Controls & Security	22		(1		)	21
Pratt & Whitney	—		—			—
UTC Aerospace Systems	15		—			15
Eliminations and other	2		(2		)	—
Total	$	52	$	(12	)	$	40

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

The following table summarizes the accrual balance and utilization for the 2018 restructuring actions for the quarter ended March 31, 2018:

(dollars in millions)	Severance			Facility Exit, Lease Termination and Other Costs			Total
Net pre-tax restructuring costs	11			1			12
Utilization and foreign exchange	(3		)	(1		)	(4		)
Balance at March 31, 2018	$	8		$	—		$	8

Prior Year Actions [Member]

Restructuring Cost and Reserve [Line Items]

Schedule of Restructuring and Related Costs [Table Text Block]

The following table summarizes expected, incurred and remaining costs for the 2017 restructuring actions by segment:

(dollars in millions)	Expected Costs		Costs Incurred in 2017			Costs Incurred Quarter Ended March 31, 2018			Remaining Costs at March 31, 2018
Otis	$	74	$	(43	)	$	(15	)	$	16
UTC Climate, Controls & Security	90		(76		)	(7		)	7
Pratt & Whitney	7		(7		)	—			—
UTC Aerospace Systems	152		(43		)	(29		)	80
Eliminations and other	7		(7		)	—			—
Total	$	330	$	(176	)	$	(51	)	$	103

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

The following table summarizes the accrual balances and utilization for the 2017 restructuring actions for the quarter ended March 31, 2018:

(dollars in millions)	Severance			Facility Exit, Lease Termination and Other Costs			Total
Restructuring accruals at December 31, 2017	$	84		$	1		$	85
Net pre-tax restructuring costs	39			12			51
Utilization and foreign exchange	(35		)	(15		)	(50		)
Balance at March 31, 2018	$	88		$	(2	)	$	86