Segment Financial Data (Tables)

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Note 16: Segment Financial Data

Our operations are classified into four principal segments: Otis, UTC Climate, Controls & Security, Pratt & Whitney, and UTC Aerospace Systems. 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. As discussed in Note 7, 2017 amounts have been recasted based on the adoption of ASU 2017-07.

Results for the quarters ended March 31, 2018 and 2017 are as follows:

	Net Sales						Operating Profits						Operating Profit Margins
(dollars in millions)	2018			2017			2018			2017			2018		2017
Otis	$	3,037		$	2,804		$	450		$	447		14.8	%	15.9	%
UTC Climate, Controls & Security	4,376			3,892			592			931			13.5	%	23.9	%
Pratt & Whitney	4,329			3,758			413			356			9.5	%	9.5	%
UTC Aerospace Systems	3,817			3,611			588			531			15.4	%	14.7	%
Total segments	15,559			14,065			2,043			2,265			13.1	%	16.1	%
Eliminations and other	(317		)	(250		)	(11		)	(18		)
General corporate expenses	—			—			(104		)	(103		)
Consolidated	$	15,242		$	13,815		$	1,928		$	2,144		12.6	%	15.5	%

Segment Reporting Disclosure, Product & Sales Type [Text Block]

Segment sales disaggregated by product type and product versus service for the quarter ended March 31, 2018 are as follows:

(dollars in millions)	Otis		UTC Climate, Controls & Security		Pratt & Whitney		UTC Aerospace Systems		Total
Product Type
Commercial and industrial, non aerospace	$	3,037	$	4,376	$	21	$	15	$	7,449
Commercial aerospace	—		—		3,199		2,911		6,110
Military aerospace	—		—		1,109		891		2,000
Total segment	$	3,037	$	4,376	$	4,329	$	3,817	$	15,559
Sales Type
Product	$	1,219	$	3,597	$	2,537	$	3,188	$	10,541
Service	1,818		779		1,792		629		5,018
Total segment	$	3,037	$	4,376	$	4,329	$	3,817	$	15,559

Schedule of Segment Reporting Information, by Geographic Markets [Table Text Block]

Total sales by segment include inter-segment sales, which are generally made at prices approximating those that the selling entity is able to obtain on external sales. Segment information for the quarter ended March 31, 2018 is as follows:

(dollars in millions)	Otis		UTC Climate, Controls & Security		Pratt & Whitney		UTC Aerospace Systems		Total
Primary Geographical Markets
United States	$	845	$	2,095	$	3,121	$	2,654	$	8,715
Europe	1,006		1,384		173		607		3,170
Asia Pacific	922		685		368		84		2,059
Other	264		212		667		472		1,615
Total segment	$	3,037	$	4,376	$	4,329	$	3,817	15,559
Eliminations and other									(317		)
Consolidated									$	15,242