During the first nine months of 2012, we recorded net pre-tax restructuring costs totaling $360 million for new and ongoing restructuring actions as follows:

(Dollars in millions)
Otis	$	105
UTC Climate, Controls & Security		98
Pratt & Whitney		57
UTC Aerospace Systems		40
Sikorsky		18
Eliminations and other		14
Restructuring costs recorded within continuing operations		332
Restructuring costs recorded within discontinued operations		28
Total	$	360

The net costs included $191 million recorded in cost of sales, $141 million in selling, general and administrative expenses, and $28 million in discontinued operations. As described below, these costs primarily relate to actions initiated during 2012 and 2011.

2012 Actions. During the first nine months of 2012, we initiated restructuring actions relating to ongoing cost reduction efforts, including workforce reductions and the consolidation of field operations. We recorded net pre-tax restructuring costs totaling $310 million, including $166 million in cost of sales, $117 million in selling, general and administrative expenses and $27 million in discontinued operations. Additionally, due to the Goodrich acquisition, we assumed restructuring accruals totaling $19 million.

We expect the actions initiated in the first nine months of 2012 to result in net workforce reductions of approximately 5,000 hourly and salaried employees, the exiting of approximately 2.2 million net square feet of facilities and the disposal of assets associated with exited facilities. As of September 30, 2012, we have completed net workforce reductions of approximately 2,000 employees and exited approximately 100,000 net square feet. We are targeting the majority of the remaining workforce and all facility related cost reduction actions for completion during 2012 and 2013. No specific plans for significant other actions have been finalized at this time.

The following table summarizes the accrual balances and utilization by cost type for the 2012 restructuring actions:

(Dollars in millions)	Severance		Asset Write-Downs		Facility Exit, Lease Termination and Other Costs		Total
Restructuring accruals at June 30, 2012	$	93	$	-	$	10	$	103
Restructuring accruals assumed from Goodrich		19		-		-		19
Net pre-tax restructuring costs		109		1		13		123
Utilization and foreign exchange		(58)		(1)		(7)		(66)
Balance at September 30, 2012	$	163	$	-	$	16	$	179

The following table summarizes expected, incurred and remaining costs for the 2012 restructuring actions by type:

(Dollars in millions)	Severance		Asset Write-Downs		Facility Exit, Lease Termination and Other Costs		Total
Expected costs	$	321	$	14	$	150	$	485
Costs incurred - quarter ended March 31, 2012		(96)		(12)		(8)		(116)
Costs incurred - quarter ended June 30, 2012		(59)		(1)		(11)		(71)
Costs incurred - quarter ended September 30, 2012		(109)		(1)		(13)		(123)
Balance at September 30, 2012	$	57	$	-	$	118	$	175

The following table summarizes expected, incurred and remaining costs for the 2012 restructuring actions by segment:

			Costs Incurred		Costs Incurred		Costs Incurred		Remaining
			Quarter Ended		Quarter Ended		Quarter Ended		Costs at
(Dollars in millions)	Expected Costs		March 31, 2012		June 30, 2012		September 30, 2012		September 30, 2012
Otis	$	113	$	(23)	$	(31)	$	(38)	$	21
UTC Climate, Controls & Security		122		(25)		(24)		(24)		49
Pratt & Whitney		74		(34)		(16)		(2)		22
UTC Aerospace Systems		84		(1)		(2)		(38)		43
Sikorsky		51		-		-		(11)		40
Eliminations and other		14		(6)		2		(10)		-
Discontinued operations		27		(27)		-		-		-
Total	$	485	$	(116)	$	(71)	$	(123)	$	175

2011 Actions. During the first nine months of 2012, we recorded net pre-tax restructuring costs totaling $49 million for restructuring actions initiated in 2011, including $25 million in cost of sales, $23 million in selling, general and administrative expenses and $1 million in discontinued operations. The 2011 actions relate to ongoing cost reduction efforts, including workforce reductions and the consolidation of field operations.

As of September 30, 2012, we have completed net workforce reductions of approximately 4,000 employees of an expected 5,000 employees, and have exited approximately 100,000 net square feet of facilities of an expected 2 million net square feet. We are targeting the majority of the remaining workforce and facility related cost reduction actions for completion during 2012 and 2013.

The following table summarizes the accrual balances and utilization by cost type for the 2011 restructuring actions:

(Dollars in millions)	Severance		Asset Write-Downs		Facility Exit, Lease Termination and Other Costs		Total
Restructuring accruals at June 30, 2012	$	70	$	-	$	12	$	82
Net pre-tax restructuring costs		4		-		4		8
Utilization and foreign exchange		(19)		-		(8)		(27)
Balance at September 30, 2012	$	55	$	-	$	8	$	63

The following table summarizes expected, incurred and remaining costs for the 2011 restructuring actions by type:

(Dollars in millions)	Severance		Asset Write-Downs		Facility Exit, Lease Termination and Other Costs		Total
Expected costs	$	304	$	4	$	68	$	376
Costs incurred through December 31, 2011		(259)		(4)		(23)		(286)
Costs incurred - quarter ended March 31, 2012		(10)		-		(10)		(20)
Costs incurred - quarter ended June 30, 2012		(18)		-		(3)		(21)
Costs incurred - quarter ended September 30, 2012		(4)		-		(4)		(8)
Remaining costs at September 30, 2012	$	13	$	-	$	28	$	41

The following table summarizes expected, incurred and remaining costs for the 2011 restructuring actions by segment:

			Costs Incurred		Costs Incurred		Costs Incurred		Costs Incurred		Remaining
			through		Quarter Ended		Quarter Ended		Quarter Ended		Costs at
(Dollars in millions)	Expected Costs		December 31, 2011		March 31, 2012		June 30, 2012		September 30, 2012		September 30, 2012
Otis	$	101	$	(76)	$	(6)	$	(4)	$	(4)	$	11
UTC Climate, Controls & Security		121		(93)		(9)		(13)		(2)		4
Pratt & Whitney		47		(37)		(2)		(1)		(1)		6
UTC Aerospace Systems		8		(8)		-		-		-		-
Sikorsky		75		(51)		(3)		(2)		(1)		18
Discontinued operations		24		(21)		-		(1)		-		2
Total	$	376	$	(286)	$	(20)	$	(21)	$	(8)	$	41

2010 Actions. As of September 30, 2012, we have approximately $34 million of accrual balances remaining related to 2010 actions.