Restructuring Costs

During the six months ended June 30, 2015, we recorded net pre-tax restructuring costs totaling $155 million for new and ongoing restructuring actions. We recorded charges in the segments as follows:



(Dollars in millions)
Otis	$	14
UTC Climate, Controls & Security	52
Pratt & Whitney	15
UTC Aerospace Systems	50
Sikorsky	23
Eliminations and other	1
Total	$	155

Restructuring charges incurred during the six months ended June 30, 2015 primarily relate to actions initiated during 2015 and 2014, and were recorded as follows:



(Dollars in millions)
Cost of sales	$	87
Selling, general and administrative	68
Total	$	155

2015 Actions. During the six months ended June 30, 2015, we recorded net pre-tax restructuring costs totaling $105 million, including $58 million in cost of sales and $47 million in selling, general and administrative expenses. The 2015 actions relate to ongoing cost reduction efforts, including workforce reductions and the consolidation of field operations.

We are targeting the majority of the remaining workforce and all facility related cost reduction actions for completion during 2015 and 2016. No specific plans for significant other actions have been finalized at this time. The following table summarizes the accrual balance and utilization by cost type for the 2015 restructuring actions:



(Dollars in millions)	Severance			Facility Exit, Lease Termination and Other Costs			Total
Restructuring accruals at April 1, 2015	$	61		$	—		$	61
Net pre-tax restructuring costs	40			1			41
Utilization and foreign exchange	(12		)	(1		)	(13		)
Balance at June 30, 2015	$	89		$	—		$	89

The following table summarizes expected, incurred and remaining costs for the 2015 restructuring actions by segment:



(Dollars in millions)	Expected Costs		Costs Incurred Quarter Ended March 31, 2015			Costs Incurred Quarter Ended June 30, 2015			Remaining Costs at June 30, 2015
Otis	$	11	$	—		$	(4	)	$	7
UTC Climate, Controls & Security	34		(16		)	(12		)	6
Pratt & Whitney	3		(1		)	(2		)	—
UTC Aerospace Systems	53		(47		)	4			10
Sikorsky	49		—			(26		)	23
Eliminations and other	1		—			(1		)	—
Total	$	151	$	(64	)	$	(41	)	$	46

2014 Actions. During the six months ended June 30, 2015, we recorded net pre-tax restructuring costs totaling $48 million for restructuring actions initiated in 2014, including $27 million in cost of sales and $21 million in selling, general and administrative expenses. The 2014 actions relate to ongoing cost reduction efforts, including workforce reductions and the consolidation of field operations. The following table summarizes the accrual balances and utilization by cost type for the 2014 restructuring actions:



(Dollars in millions)	Severance			Asset Write-Downs			Facility Exit, Lease Termination and Other Costs			Total
Restructuring accruals at April 1, 2015	$	130		$	—		$	8		$	138
Net pre-tax restructuring costs	21			1			3			25
Utilization and foreign exchange	(28		)	(1		)	(5		)	(34		)
Balance at June 30, 2015	$	123		$	—		$	6		$	129

The following table summarizes expected, incurred and remaining costs for the 2014 restructuring actions by segment:



(Dollars in millions)	Expected Costs		Costs Incurred in 2014			Costs Incurred Quarter Ended March 31, 2015			Costs Incurred Quarter Ended June 30, 2015			Remaining Costs at June 30, 2015
Otis	$	130	$	(98	)	$	(6	)	$	(4	)	$	22
UTC Climate, Controls & Security	128		(86		)	(7		)	(18		)	17
Pratt & Whitney	83		(64		)	(10		)	(2		)	7
UTC Aerospace Systems	83		(72		)	—			(1		)	10
Sikorsky	20		(20		)	—			—			—
Eliminations and other	5		(5		)	—			—			—
Total	$	449	$	(345	)	$	(23	)	$	(25	)	$	56

2013 Actions. As of June 30, 2015, we have approximately $55 million of accrual balances remaining related to 2013 actions.