XML 46 R30.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Borrowings and Lines of Credit (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2018
Debt Disclosure [Abstract] |
Schedule of Short-Term Debt [Table Text Block] |
(dollars in millions) | June 30, 2018 |  | December 31, 2017
Commercial paper | $ | 876 |  |  | $ | 300 |
Other borrowings | 109 |  |  | 92 |
Total short-term borrowings | $ | 985 |  |  | $ | 392 |
Schedule of Long-term Debt [Table Text Block] | Long-term debt consisted of the following:
(dollars in millions) | June 30, 2018 |  | December 31, 2017
6.800% notes due 2018 | $ | — |  |  | $ | 99 |
EURIBOR plus 0.800% floating rate notes due 2018 (€750 million principal value) 2 | — |  |  | 890 |
1.778% junior subordinated notes due 2018 | — |  |  | 1,100 |
LIBOR plus 0.350% floating rate notes due 2019 3 | 350 |  |  | 350 |
1.500% notes due 2019 1 | 650 |  |  | 650 |
EURIBOR plus 0.15% floating rate notes due 2019 (€750 million principal value) 2 | 876 |  |  | 890 |
8.875% notes due 2019 | 271 |  |  | 271 |
4.875% notes due 2020 1 | 171 |  |  | 171 |
4.500% notes due 2020 1 | 1,250 |  |  | 1,250 |
1.900% notes due 2020 1 | 1,000 |  |  | 1,000 |
EURIBOR plus 0.20% floating rate notes due 2020 (€750 million principal value) 2 | 876 |  |  | — |
8.750% notes due 2021 | 250 |  |  | 250 |
1.950% notes due 2021 1 | 750 |  |  | 750 |
1.125% notes due 2021 (€950 million principal value) 1 | 1,110 |  |  | 1,127 |
2.300% notes due 2022 1 | 500 |  |  | 500 |
3.100% notes due 2022 1 | 2,300 |  |  | 2,300 |
1.250% notes due 2023 (€750 million principal value) 1 | 876 |  |  | 890 |
2.800% notes due 2024 1 | 800 |  |  | 800 |
1.150% notes due 2024 (€750 million principal value) 1 | 876 |  |  | — |
1.875% notes due 2026 (€500 million principal value) 1 | 584 |  |  | 593 |
2.650% notes due 2026 1 | 1,150 |  |  | 1,150 |
3.125% notes due 2027 1 | 1,100 |  |  | 1,100 |
7.100% notes due 2027 | 141 |  |  | 141 |
6.700% notes due 2028 | 400 |  |  | 400 |
7.500% notes due 2029 1 | 550 |  |  | 550 |
2.150% notes due 2030 (€500 million principal value) 1 | 584 |  |  | — |
5.400% notes due 2035 1 | 600 |  |  | 600 |
6.050% notes due 2036 1 | 600 |  |  | 600 |
6.800% notes due 2036 1 | 134 |  |  | 134 |
7.000% notes due 2038 | 159 |  |  | 159 |
6.125% notes due 2038 1 | 1,000 |  |  | 1,000 |
5.700% notes due 2040 1 | 1,000 |  |  | 1,000 |
4.500% notes due 2042 1 | 3,500 |  |  | 3,500 |
4.150% notes due 2045 1 | 850 |  |  | 850 |
3.750% notes due 2046 1 | 1,100 |  |  | 1,100 |
4.050% notes due 2047 1 | 600 |  |  | 600 |
Project financing obligations | 206 |  |  | 158 |
Other (including capitalized leases) | 197 |  |  | 195 |
Total principal long-term debt | 27,361 |  |  | 27,118 |
Other (fair market value adjustments and discounts) | (37 | ) |  | (25 | )
Total long-term debt | 27,324 |  |  | 27,093 |
Less: current portion | 78 |  |  | 2,104 |
Long-term debt, net of current portion | $ | 27,246 |  |  | $ | 24,989 |
1 | We may redeem these notes at our option pursuant to their terms.
2 | The three-month EURIBOR rate as of June 30, 2018 was approximately -0.321%. The notes may be redeemed at our option in whole, but not in part, at any time in the event of certain developments affecting U.S. taxation.
3 | The three-month LIBOR rate as of June 30, 2018 was approximately 2.336%.
Schedule of Weighted average interest rates [Table Text Block] | The average interest expense rate on our total borrowings for the quarter and six months ended June 30, 2018 and 2017 were as follows:
| Quarter Ended June 30, |  | Six Months Ended June 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Average interest expense rate | 3.5 | % |  | 3.6 | % |  | 3.5 | % |  | 3.6 | %

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfShortTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition [Table Text Block] for Schedule of weighted-average interest rates for short-term borrowings and total debt. Percentages are categorized by average outstanding borrowings during the year and outstanding borrowings as of the end of the year. + References No definition available. + Details
Name: | utx_ScheduleofWeightedaverageinterestratesTableTextBlock
Namespace Prefix: | utx_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration