Segment Financial Data (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

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

Results for the nine months ended September 30, 2018 and 2017 are as follows:

	Net Sales						Operating Profits						Operating Profit Margins
(dollars in millions)	2018			2017			2018			2017			2018		2017
Otis	$	9,604		$	9,091		$	1,424		$	1,536		14.8	%	16.9	%
UTC Climate, Controls & Security	14,291			13,292			3,081			2,562			21.6	%	19.3	%
Pratt & Whitney	13,854			11,699			919			908			6.6	%	7.8	%
UTC Aerospace Systems	11,734			10,888			1,767			1,637			15.1	%	15.0	%
Total segments	49,483			44,970			7,191			6,643			14.5	%	14.8	%
Eliminations and other	(1,026		)	(813		)	(210		)	9
General corporate expenses	—			—			(339		)	(312		)
Consolidated	$	48,457		$	44,157		$	6,642		$	6,340		13.7	%	14.4	%

Results for the quarters ended September 30, 2018 and 2017 are as follows:

	Net Sales						Operating Profits						Operating Profit Margins
(dollars in millions)	2018			2017			2018			2017			2018		2017
Otis	$	3,223		$	3,156		$	486		$	550		15.1	%	17.4	%
UTC Climate, Controls & Security	4,880			4,688			844			794			17.3	%	16.9	%
Pratt & Whitney	4,789			3,871			109			188			2.3	%	4.9	%
UTC Aerospace Systems	3,955			3,637			610			572			15.4	%	15.7	%
Total segments	16,847			15,352			2,049			2,104			12.2	%	13.7	%
Eliminations and other	(337		)	(290		)	(102		)	32
General corporate expenses	—			—			(109		)	(104		)
Consolidated	$	16,510		$	15,062		$	1,838		$	2,032		11.1	%	13.5	%

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

quarter ended September 30, 2018 is as follows:

(dollars in millions)	Otis		UTC Climate, Controls & Security		Pratt & Whitney		UTC Aerospace Systems		Total
Primary Geographical Markets
United States	$	864	$	2,537	$	3,696	$	2,805	$	9,902
Europe	968		1,377		141		560		3,046
Asia Pacific	1,129		726		316		86		2,257
Other	262		240		636		504		1,642
Total segment	$	3,223	$	4,880	$	4,789	$	3,955	16,847
Eliminations and other									(337		)
Consolidated									$	16,510

nine months ended September 30, 2018 is as follows:

(dollars in millions)	Otis		UTC Climate, Controls & Security		Pratt & Whitney		UTC Aerospace Systems		Total
Primary Geographical Markets
United States	$	2,568	$	7,250	$	10,469	$	8,235	$	28,522
Europe	3,028		4,216		440		1,752		9,436
Asia Pacific	3,220		2,131		996		255		6,602
Other	788		694		1,949		1,492		4,923
Total segment	$	9,604	$	14,291	$	13,854	$	11,734	49,483
Eliminations and other									(1,026		)
Consolidated									$	48,457

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

nine months ended September 30, 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	$	9,604	$	14,291	$	31	$	44	$	23,970
Commercial aerospace	—		—		9,989		8,966		18,955
Military aerospace	—		—		3,834		2,724		6,558
Total segment	$	9,604	$	14,291	$	13,854	$	11,734	49,483
Eliminations and other									(1,026		)
Consolidated									$	48,457
Sales Type
Product	$	4,192	$	11,917	$	8,016	$	9,825	$	33,950
Service	5,412		2,374		5,838		1,909		15,533
Total segment	$	9,604	$	14,291	$	13,854	$	11,734	49,483
Eliminations and other									(1,026		)
Consolidated									$	48,457

quarter ended September 30, 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	$	3,223	$	4,880	$	5	$	14	$	8,122
Commercial aerospace	—		—		3,421		3,031		6,452
Military aerospace	—		—		1,363		910		2,273
Total segment	$	3,223	$	4,880	$	4,789	$	3,955	16,847
Eliminations and other									(337		)
Consolidated									$	16,510
Sales Type
Product	$	1,448	$	4,106	$	2,703	$	3,297	$	11,554
Service	1,775		774		2,086		658		5,293
Total segment	$	3,223	$	4,880	$	4,789	$	3,955	16,847
Eliminations and other									(337		)
Consolidated									$	16,510