Note 15: Segment Financial Data

3 Months Ended

Mar. 31, 2012

Notes to Condensed Consolidated Financial Statements [Abstract]

Note 15: Segment Financial Data

Note 15: Segment Financial Data

Our operations are classified into fiveprincipal segments: Otis, UTC Climate, Controls & 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.On September 28, 2011, we announced a new organizational structure that allows us to better serve customers through greater integration across product lines. Effective January 1, 2012, we formed the UTCClimate, Controls & Security segment which combines the former Carrier and UTCFire&Security segments.

Results for the quarters ended March 31,2012 and 2011 are as follows:

	Net Sales				Operating Profits				Operating Profit Margins
(Dollars in millions)	2012		2011		2012		2011		2012	2011
Otis	$	2,770	$	2,772	$	566	$	630	20.4%	22.7%
UTC Climate, Controls & Security		4,112		4,393		544		471	13.2%	10.7%
Pratt & Whitney		3,052		2,873		389		428	12.7%	14.9%
Hamilton Sundstrand		1,236		1,138		198		172	16.0%	15.1%
Sikorsky		1,346		1,582		136		141	10.1%	8.9%
Total segments		12,516		12,758		1,833		1,842	14.6%	14.4%
Eliminations and other		(92)		(78)		(35)		(65)
General corporate expenses		-		-		(96)		(89)
Consolidated	$	12,424	$	12,680	$	1,702	$	1,688	13.7%	13.3%

See Note 8 to the Condensed Consolidated Financial Statements for a discussion of restructuring costs included in segment operating results.