Note 14: Segment Financial Data

6 Months Ended

Jun. 30, 2011

Notes to Condensed Consolidated Financial Statements [Abstract]

Our operations are classified into six principal segments: Otis, Carrier, UTC Fire & Security, Pratt & Whitney, Hamilton Sundstrand and Sikorsky. 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.

Results for the quarters and six months ended June 30, 2011 and 2010 are as follows:

Quarter Ended June 30,	Net Sales				Operating Profits				Operating Profit Margins
(Dollars in millions)	2011		2010		2011		2010		2011	2010
Otis	$	3,192	$	2,838	$	743	$	641	23.3%	22.6%
Carrier		3,393		3,093		458		333	13.5%	10.8%
UTC Fire & Security		1,746		1,615		206		168	11.8%	10.4%
Pratt & Whitney		3,452		3,279		454		522	13.2%	15.9%
Hamilton Sundstrand		1,524		1,379		267		204	17.5%	14.8%
Sikorsky		1,786		1,692		277		169	15.5%	10.0%
Total segments		15,093		13,896		2,405		2,037	15.9%	14.7%
Eliminations and other		(17)		(94)		(81)		(62)
General corporate expenses		-		-		(104)		(93)
Consolidated	$	15,076	$	13,802	$	2,220	$	1,882	14.7%	13.6%

Six Months Ended June 30,	Net Sales				Operating Profits				Operating Profit Margins
(Dollars in millions)	2011		2010		2011		2010		2011	2010
Otis	$	5,964	$	5,564	$	1,373	$	1,237	23.0%	22.2%
Carrier		6,159		5,560		768		472	12.5%	8.5%
UTC Fire & Security		3,374		3,030		368		291	10.9%	9.6%
Pratt & Whitney		6,547		6,120		925		958	14.1%	15.7%
Hamilton Sundstrand		2,972		2,705		511		425	17.2%	15.7%
Sikorsky		3,368		3,050		418		314	12.4%	10.3%
Total segments		28,384		26,029		4,363		3,697	15.4%	14.2%
Eliminations and other		36		(187)		(171)		(122)
General corporate expenses		-		-		(193)		(170)
Consolidated	$	28,420	$	25,842	$	3,999	$	3,405	14.1%	13.2%

See Note 7 to the Condensed Consolidated Financial Statements for a discussion of restructuring and other costs included in segment operating results.