Note 2: Business Acquisitions, Dispositions, Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2012

Notes to Consolidated Financial Statements [Abstract]

Schedule of Goodwill [Text Block]

(Dollars in millions)		Balance as of January 1, 2012		Goodwill resulting from business combinations		Foreign currency translation and other		Balance as of December 31, 2012
Otis		$	1,516	$	24	$	43	$	1,583
UTC Climate, Controls & Security			9,758		89		21		9,868
Pratt & Whitney			1,223		280		(265)		1,238
UTC Aerospace Systems			4,475		11,283		(1,004)		14,754
Sikorsky			348		-		5		353
Total Segments			17,320		11,676		(1,200)		27,796
Eliminations and other			623		4		(622)		5
	Total	$	17,943	$	11,680	$	(1,822)	$	27,801

Intangible Assets Disclosure [Text Block]

			2012				2011
(Dollars in millions)			Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Amortized:
	Service portfolios		$	2,127	$	(1,202)	$	2,036	$	(1,060)
	Patents and trademarks			412		(167)		463		(183)
	IAE collaboration			1,526		-		-		-
	Customer relationships and other			11,901		(1,718)		3,329		(1,429)
				15,966		(3,087)		5,828		(2,672)
Unamortized:
	Trademarks and other			2,310				762
		Total	$	18,276	$	(3,087)	$	6,590	$	(2,672)

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

(Dollars in millions)
Cash and cash equivalents		$	538
Accounts receivable, net			1,182
Inventories and contracts in progress, net			1,729
Future income tax benefits, current			280
Other assets, current			574
Fixed assets			2,342
Intangible assets:
	Customer relationships and related program assets		8,550
	Trademarks		1,550
Other assets			1,831
Short-term borrowings			(83)
Accounts payable			(443)
Accrued liabilities			(2,242)
Long-term debt			(2,961)
Future pension and postretirement benefit obligations			(1,745)
Other long-term liabilities:
	Customer contractual obligations		(2,050)
	Other long-term liabilities		(3,758)
Non-controlling interests			(41)
	Total identifiable net assets		5,253
Goodwill			11,167
	Total consideration transferred	$	16,420

Business Acquisition, Pro Forma Information, Nonrecurring Adjustments [Table Text Block]

(Dollars in millions)			2012		2011
Amortization of inventory fair value adjustment 1		$	(103)	$	103
Amortization of acquired Goodrich intangible assets, net 2			108		184
Utilization of contractual customer obligation 3			(96)		(200)
UTC/Goodrich fees for advisory, legal, accounting services 4			-		196
Interest expense incurred on acquisition financing, net 5			63		175
	1 Added the expense for inventory fair value adjustments which would have been amortized as the corresponding inventory would have been completely sold during the first two quarters of 2011, and removed the corresponding expense recognized during the last two quarters of 2012.
	2 Added the additional amortization of the acquired Goodrich intangible assets recognized at fair value in purchase accounting and eliminated the historical Goodrich intangible asset amortization expense.
	3 Added the additional utilization of the Goodrich contractual customer obligation recognized in purchase accounting.
	4 Added the UTC/Goodrich fees that were incurred in connection with the acquisition of Goodrich to the first quarter of 2011.
	5 Added the additional interest expense for the debt incurred to finance our acquisition of Goodrich and reduced interest expense for the debt fair value adjustment which would have been amortized.

Business Acquisition, Pro Forma Information [Table Text Block]

(Dollars in millions, except per share amounts)			2012		2011
Net sales		$	62,173	$	63,233
Net income attributable to common shareowners
	from continuing operations		5,095		4,969
Basic earnings per share of common stock
	from continuing operations		5.69		5.57
Diluted earnings per share of common stock
	from continuing operations		5.62		5.48

Schedule of Variable Interest Entities [Table Text Block]

(Dollars in millions)
Current assets		$	1,308
Noncurrent assets			899
	Total assets	$	2,207
Current liabilities		$	1,468
Noncurrent liabilities			781
	Total liabilities	$	2,249

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

(Dollars in millions)	2013		2014		2015		2016		2017
Amortization expense	$	688	$	664	$	633	$	611	$	650