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Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating Activities of Continuing Operations:      
Net income attributable to common shareowners $ 5,130 $ 4,979 $ 4,373
Non-controlling interest in subsidiaries' earnings 360 395 338
Net income 5,490 5,374 4,711
Less: Net income from discontinued operations 290 158 188
Net income from continuing operations 5,200 5,216 4,523
Adjustments to reconcile income from continuing operations to net cash flows provided by operating activities of continuing operations:      
Depreciation and amortization 1,524 1,263 1,300
Deferred income tax provision 120 334 425
Stock compensation cost 210 221 148
Change in:      
Accounts receivable (165) (697) (313)
Inventories and contracts in progress (539) (330) (259)
Other current assets (4) (24) (20)
Accounts payable and accrued liabilities 811 760 1,168
Global pension contributions (430) (551) (1,299)
Other operating activities, net (122) 268 47
Net cash flows provided by operating activities of continuing operations 6,605 6,460 5,720
Investing Activities of Continuing Operations:      
Capital expenditures (1,389) (929) (838)
Increase in customer financing assets (100) (42) (219)
Decrease in customer financing assets 75 92 162
Investments in businesses (16,026) (357) (2,742)
Dispositions of businesses 425 494 205
Increase in collaboration intangible assets 1,543 0 0
Other investing activities, net (237) 70 282
Net cash flows used in investing activities of continuing operations (18,795) (672) (3,150)
Financing Activities of Continuing Operations:      
Issuance of long-term debt 10,899 59 2,362
Repayment of long-term debt (842) (616) (1,751)
(Decrease) increase in short-term borrowings, net (214) 562 (141)
Common Stock issued under employee stock plans 522 226 386
Dividends paid on Common Stock (1,752) (1,602) (1,482)
Repurchase of Common Stock 0 (2,175) (2,200)
Other financing activities, net (592) (437) (314)
Net cash flows provided by (used in) financing activities of continuing operations 8,021 (3,983) (3,140)
Discontinued Operations:      
Net cash provided by operating activities 41 130 186
Net cash provided by (used in) investing activities 2,974 (35) (37)
Net cash used in financing activities 0 (22) (13)
Net cash flows provided by discontinued operations 3,015 73 136
Effect of foreign exchange rate changes on cash and cash equivalents 30 (1) 68
Net (decrease) increase in cash and cash equivalents (1,124) 1,877 (366)
Cash and cash equivalents, beginning of year 5,960 4,083 4,449
Cash and cash equivalents, end of year 4,836 5,960 4,083
Less: Cash and cash equivalents of businesses held for sale 17 0 0
Cash and cash equivalents 4,819 5,960 4,083
Supplemental Disclosure of Cash Flow Information:      
Interest paid, net of amounts capitalized 725 642 753
Income taxes paid, net of refunds 1,772 1,432 1,222
Non-cash investing and financing activities include:      
Contributions of UTC Common Stock to domestic defined benefit pension plans $ 0 $ 450 $ 250