EX-99 2 c77679_ex99.htm

Exhibit 99

 

Segment Information for three months ended March 31, 2014 and 2013

 

   Three Months Ended 
   March 31, 
   2014   2013 
Net Sales          
Aerospace  $2,858   $2,911 
Automation and Control Solutions   3,362    3,079 
Performance Materials and Technologies   2,466    2,424 
Transportation Systems   993    914 
Total  $9,679   $9,328 
           
Segment Profit          
Aerospace  $549   $551 
Automation and Control Solutions   471    423 
Performance Materials and Technologies   473    474 
Transportation Systems   154    111 
Corporate   (51)   (51)
Total segment profit  $1,596   $1,508 
1
 
   Three Months Ended     
   March 31,     
   2014   2013   % Change
Aerospace Sales               
Commercial:               
Original Equipment               
Air transport and regional  $440   $451    (2)%
Business and general aviation   244    229    7%
Aftermarket               
Air transport and regional   717    700    2%
Business and general aviation   365    339    8%
Defense and Space   1,092    1,192    (8)%
Total Aerospace Sales   2,858    2,911      
                
Automation and Control Solutions Sales               
Energy Safety & Security   2,301    2,003    15%
Building Solutions & Distribution   1,061    1,076    (1)%
Total Automation and Control Solutions Sales   3,362    3,079      
                
Performance Materials and Technologies               
UOP   846    775    9%
Process Solutions   712    707    1%
Advanced Materials   908    942    (4)%
Total Performance Materials and Technologies Sales   2,466    2,424      
                
Transportation Systems Sales               
Transportation Systems   993    914    9%
Total Transportation Systems Sales   993    914      
Net Sales  $9,679   $9,328      

 

Automation and Control Solutions

 

   Three Months Ended          
   March 31,          
   2014   2013   % Change
Net sales  $3,362   $3,079    9%
Cost of products and services sold   2,188    2,033      
Selling, general and administrative expenses   637    560      
Other   66    63      
Segment profit  $471   $423    11%

 

   2014 vs. 2013
   Three Months Ended
   March 31,
Factors Contributing to Year-Over-Year Change  Sales  Segment
Profit
Organic growth/ Operational segment profit   1%   6%
Acquisitions and divestitures, net   8%   5%
Total % Change   9%   11%
2
 

Performance Materials and Technologies

 

   Three Months Ended         
   March 31,          
   2014   2013   % Change
Net sales  $2,466   $2,424    2%
Cost of products and services sold   1,706    1,674      
Selling, general and administrative expenses   254    243      
Other   33    33      
Segment profit  $473   $474    — 

 

   2014 vs. 2013
   Three Months Ended
   March 31,
Factors Contributing to Year-Over-Year Change  Sales  Segment
Profit
Organic growth/ Operational segment profit   2%   — 
Total % Change   2%   — 
3
 

Segment Information for the three months ended March 31, 2013 and 2012

 

   Three Months Ended 
   March 31, 
   2013   2012 
Net Sales          
Aerospace  $2,911   $2,950 
Automation and Control Solutions   3,079    3,066 
Performance Materials and Technologies   2,424    2,337 
Transportation Systems   914    954 
Total  $9,328   $9,307 
           
Segment Profit          
Aerospace  $551   $534 
Automation and Control Solutions   423    401 
Performance Materials and Technologies   474    409 
Transportation Systems   111    120 
Corporate   (51)   (49)
Total Segment Profit  $1,508   $1,415 

 

   Three Months Ended     
   March 31,    
   2013   2012   % Change
Aerospace Sales               
Commercial:               
Original equipment               
Air transport and regional  $451   $415    9%
Business and general aviation   229    256    (11)%
Aftermarket               
Air transport and regional   700    728    (4)%
Business and general aviation   339    347    (2)%
Defense and Space   1,192    1,204    (1)%
Total Aerospace Sales   2,911    2,950      
                
Automation and Control Solutions Sales               
Energy Safety & Security   2,003    1,972    2%
Building Solutions & Distribution   1,076    1,094    (2)%
Total Automation and Control Solutions Sales   3,079    3,066      
                
Performance Materials and Technologies Sales               
UOP   775    579    34%
Process Solutions   707    722    (2)%
Advanced Materials   942    1,036    (9)%
Total Performance Materials and Technologies Sales   2,424    2,337      
                
Transportation Systems Sales               
Transportation Systems   914    954    (4)%
Total Transportation Systems Sales   914    954      
Net Sales  $9,328   $9,307      
4
 

Automation and Control Solutions

 

   Three Months Ended          
   March 31,          
   2013   2012   % Change
Net sales  $3,079   $3,066    — 
Cost of products and services sold   2,033    2,029      
Selling, general and administrative expenses   560    574      
Other   63    62      
Segment profit  $423   $401    5%

 

Performance Materials and Technologies

 

   Three Months Ended          
   March 31,          
   2013   2012   % Change
Net sales  $2,424   $2,337    4%
Cost of products and services sold   1,674    1,663      
Selling, general and administrative expenses   243    237      
Other   33    28      
Segment profit  $474   $409    16%
5
 

Segment Information for the three and six months ended June 30, 2013 and 2012

 

   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2013   2012   2013   2012 
Net Sales                    
Aerospace  $2,997   $3,027   $5,908   $5,977 
Automation and Control Solutions   3,270    3,194    6,349    6,260 
Performance Materials and Technologies   2,479    2,314    4,903    4,651 
Transportation Systems   947    900    1,861    1,854 
Total  $9,693   $9,435   $19,021   $18,742 
                     
Segment Profit                    
Aerospace  $583   $562   $1,134   $1,096 
Automation and Control Solutions   467    436    890    837 
Performance Materials and Technologies   438    439    912    848 
Transportation Systems   126    114    237    234 
Corporate   (55)   (58)   (106)   (107)
Total segment profit  $1,559   $1,493   $3,067   $2,908 

 

   Three Months Ended       Six Months Ended     
   June 30,       June 30,     
   2013   2012   % Change  2013   2012   % Change
Aerospace Sales                              
Commercial:                              
Original Equipment                              
Air transport and regional  $430   $407    6%  $881   $822    7%
Business and general aviation   264    236    12%   493    492    — 
Aftermarket                              
Air transport and regional   736    725    2%   1,436    1,453    (1)%
Business and general aviation   374    356    5%   713    703    1%
Defense and Space   1,193    1,303    (8)%   2,385    2,507    (5)%
Total Aerospace Sales   2,997    3,027         5,908    5,977      
                               
Automation and Control Solutions Sales                              
Energy Safety & Security   2,081    2,022    3%   4,084    3,994    2%
Building Solutions & Distribution   1,189    1,172    1%   2,265    2,266    — 
Total Automation and Control Solutions Sales   3,270    3,194         6,349    6,260      
                               
Performance Materials and Technologies                              
UOP   707    508    39%   1,482    1,087    36%
Process Solutions   795    768    4%   1,502    1,490    1%
Advanced Materials   977    1,038    (6)%   1,919    2,074    (7)%
Total Performance Materials and Technologies Sales   2,479    2,314         4,903    4,651      
                               
Transportation Systems Sales                              
Transportation Systems   947    900    5%   1,861    1,854    — 
Total Transportation Systems Sales   947    900         1,861    1,854      
Net Sales  $9,693   $9,435        $19,021   $18,742      
6
 

Automation and Control Solutions

 

   Three Months Ended            Six Months Ended          
   June 30,            June 30,          
   2013   2012  

% Change

  2013   2012  

% Change

Net sales  $3,270   $3,194    2%  $6,349   $6,260    1%
Cost of products and services sold   2,161    2,157         4,194    4,186      
Selling, general and administrative expenses   580    542         1,140    1,116      
Other   62    59         125    121      
Segment profit  $467   $436    7%  $890   $837    6%

 

Performance Materials and Technologies

 

   Three Months Ended            Six Months Ended          
   June 30,            June 30,          
   2013   2012   % Change  2013   2012   % Change
Net sales  $2,479   $2,314    7%  $4,903   $4,651    5%
Cost of products and services sold   1,751    1,614         3,425    3,277      
Selling, general and administrative expenses   258    232         501    469      
Other   32    29         65    57      
Segment profit  $438   $439    —   $912   $848    8%
7
 

Segment Information for the three and nine months ended September 30, 2013 and 2012

 

   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
   2013   2012   2013   2012 
Net Sales                    
Aerospace  $2,973   $3,043   $8,881   $9,020 
Automation and Control Solutions   3,375    3,197    9,724    9,457 
Performance Materials and Technologies   2,383    2,239    7,286    6,890 
Transportation Systems   916    863    2,777    2,717 
Total  $9,647   $9,342   $28,668   $28,084 
                     
Segment Profit                    
Aerospace  $602   $582   $1,736   $1,678 
Automation and Control Solutions   523    478    1,413    1,315 
Performance Materials and Technologies   413    368    1,325    1,216 
Transportation Systems   128    104    365    338 
Corporate   (51)   (57)   (157)   (164)
Total segment profit  $1,615   $1,475   $4,682   $4,383 

 

   Three Months Ended       Nine Months Ended     
   September 30,       September 30,     
   2013   2012   % Change  2013   2012   % Change
Aerospace Sales                              
Commercial:                              
Original Equipment                              
Air transport and regional  $415   $412    1%  $1,296   $1,234    5%
Business and general aviation   257    240    7%   750    732    2%
Aftermarket                              
Air transport and regional   754    742    2%   2,190    2,195    — 
Business and general aviation   393    355    11%   1,106    1,058    5%
Defense and Space   1,154    1,294    (11)%   3,539    3,801    (7)%
Total Aerospace Sales   2,973    3,043         8,881    9,020      
                               
Automation and Control Solutions Sales                              
Energy Safety & Security   2,174    2,004    9%   6,258    5,998    5%
Building Solutions & Distribution   1,201    1,193    1%   3,466    3,459    1%
Total Automation and Control Solutions Sales   3,375    3,197         9,724    9,457      
                               
Performance Materials and Technologies                              
UOP   704    542    30%   2,186    1,629    34%
Process Solutions   754    761    (1)%   2,256    2,251    — 
Advanced Materials   925    936    (1)%   2,844    3,010    (6)%
Total Performance Materials and Technologies Sales   2,383    2,239         7,286    6,890      
                               
Transportation Systems Sales                              
Transportation Systems   916    863    6%   2,777    2,717    2%
Total Transportation Systems Sales   916    863         2,777    2,717      
Net Sales  $9,647   $9,342        $28,668   $28,084      
8
 

Automation and Control Solutions

 

   Three Months Ended            Nine Months Ended          
   September 30,            September 30,          
   2013   2012   % Change  2013   2012  

% Change

Net sales  $3,375   $3,197    6%  $9,724   $9,457    3%
Cost of products and services sold   2,228    2,117         6,422    6,303      
Selling, general and administrative expenses   560    540         1,700    1,656      
Other   64    62         189    183      
Segment profit  $523   $478    9%  $1,413   $1,315    7%

 

Performance Materials and Technologies

 

   Three Months Ended            Nine Months Ended          
   September 30,            September 30,          
   2013   2012   % Change  2013   2012   % Change
Net sales  $2,383   $2,239    6%  $7,286   $6,890    6%
Cost of products and services sold   1,686    1,593         5,111    4,870      
Selling, general and administrative expenses   251    247         752    716      
Other   33    31         98    88      
Segment profit  $413   $368    12%  $1,325   $1,216    9%
9
 

Segment Information for the years ended December 31, 2013 and 2012

 

   2013   2012 
Net Sales          
Aerospace  $11,980   $12,040 
Automation and Control Solutions   13,465    12,787 
Performance Materials and Technologies   9,855    9,277 
Transportation Systems   3,755    3,561 
Total  $39,055   $37,665 
           
Segment Profit          
Aerospace  $2,372   $2,279 
Automation and Control Solutions   1,983    1,836 
Performance Materials and Technologies   1,725    1,550 
Transportation Systems   498    432 
Corporate   (227)   (218)
Total segment profit  $6,351   $5,879 

 

   2013   2012   % Change
Aerospace Sales               
Commercial:               
Original Equipment               
Air transport and regional  $1,716   $1,601    7%
Business and general aviation   935    967    (3)%
Aftermarket               
Air transport and regional   2,960    2,947    — 
Business and general aviation   1,499    1,417    6%
Defense and Space   4,870    5,108    (5)%
Total Aerospace Sales   11,980    12,040      
                
Automation and Control Solutions Sales               
Energy Safety & Security   8,756    8,123    8%
Building Solutions & Distribution   4,709    4,664    1%
Total Automation and Control Solutions Sales   13,465    12,787      
                
Performance Materials and Technologies Sales               
UOP   2,962    2,253    31%
Process Solutions   3,091    3,093    — 
Advanced Materials   3,802    3,931    (3)%
Total Performance Materials and Technologies Sales   9,855    9,277      
                
Transportation Systems Sales               
Turbo Technologies   3,755    3,561    5%
Total Transportation Systems Sales   3,755    3,561      
                
Net Sales  $39,055   $37,665      
10
 

Automation and Control Solutions

 

   2013   2012   % Change
Net sales  $13,465   $12,787    5%
Cost of products and services sold   8,872    8,511      
Selling, general and administrative expenses   2,358    2,197      
Other   252    243      
Segment profit  $1,983   $1,836    8%

 

   2013 vs. 2012
Factors Contributing to Year-Over-Year Change  Sales  Segment
Profit
Organic growth/ Operational segment profit   3%   7%
Acquisitions and divestitures, net   2%   1%
Total % Change   5%   8%

 

Performance Materials and Technologies

 

   2013   2012   % Change
Net sales  $9,855   $9,277    6%
Cost of products and services sold   6,974    6,627      
Selling, general and administrative expenses   1,025    979      
Other   131    121      
Segment profit  $1,725   $1,550    11%

 

   2013 vs. 2012
Factors Contributing to Year-Over-Year Change  Sales  Segment
Profit
Organic growth/ Operational segment profit   1%   6%
Acquisitions and divestitures, net   5%   5%
Total % Change   6%   11%
11