XML 52 R39.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Segment Financial Data (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | Results for the nine months ended September 30, 2018 and 2017 are as follows:
| Net Sales |  | Operating Profits |  | Operating Profit Margins
(dollars in millions) | 2018 |  | 2017 |  | 2018 |  | 2017 |  | 2018 |  | 2017
Otis | $ | 9,604 |  |  | $ | 9,091 |  |  | $ | 1,424 |  |  | $ | 1,536 |  |  | 14.8 | % |  | 16.9 | %
UTC Climate, Controls & Security | 14,291 |  |  | 13,292 |  |  | 3,081 |  |  | 2,562 |  |  | 21.6 | % |  | 19.3 | %
Pratt & Whitney | 13,854 |  |  | 11,699 |  |  | 919 |  |  | 908 |  |  | 6.6 | % |  | 7.8 | %
UTC Aerospace Systems | 11,734 |  |  | 10,888 |  |  | 1,767 |  |  | 1,637 |  |  | 15.1 | % |  | 15.0 | %
Total segments | 49,483 |  |  | 44,970 |  |  | 7,191 |  |  | 6,643 |  |  | 14.5 | % |  | 14.8 | %
Eliminations and other | (1,026 | ) |  | (813 | ) |  | (210 | ) |  | 9 |  |  |  |  |
General corporate expenses | — |  |  | — |  |  | (339 | ) |  | (312 | ) |  |  |  |
Consolidated | $ | 48,457 |  |  | $ | 44,157 |  |  | $ | 6,642 |  |  | $ | 6,340 |  |  | 13.7 | % |  | 14.4 | %
Results for the quarters ended September 30, 2018 and 2017 are as follows:
| Net Sales |  | Operating Profits |  | Operating Profit Margins
(dollars in millions) | 2018 |  | 2017 |  | 2018 |  | 2017 |  | 2018 |  | 2017
Otis | $ | 3,223 |  |  | $ | 3,156 |  |  | $ | 486 |  |  | $ | 550 |  |  | 15.1 | % |  | 17.4 | %
UTC Climate, Controls & Security | 4,880 |  |  | 4,688 |  |  | 844 |  |  | 794 |  |  | 17.3 | % |  | 16.9 | %
Pratt & Whitney | 4,789 |  |  | 3,871 |  |  | 109 |  |  | 188 |  |  | 2.3 | % |  | 4.9 | %
UTC Aerospace Systems | 3,955 |  |  | 3,637 |  |  | 610 |  |  | 572 |  |  | 15.4 | % |  | 15.7 | %
Total segments | 16,847 |  |  | 15,352 |  |  | 2,049 |  |  | 2,104 |  |  | 12.2 | % |  | 13.7 | %
Eliminations and other | (337 | ) |  | (290 | ) |  | (102 | ) |  | 32 |  |  |  |  |
General corporate expenses | — |  |  | — |  |  | (109 | ) |  | (104 | ) |  |  |  |
Consolidated | $ | 16,510 |  |  | $ | 15,062 |  |  | $ | 1,838 |  |  | $ | 2,032 |  |  | 11.1 | % |  | 13.5 | %
Schedule of Segment Reporting Information, by Geographic Markets [Table Text Block] | quarter ended September 30, 2018 is as follows:
(dollars in millions) | Otis |  | UTC Climate, Controls & Security |  | Pratt & Whitney |  | UTC Aerospace Systems |  | Total
Primary Geographical Markets |  |  |  |  |  |  |  |  |
United States | $ | 864 |  |  | $ | 2,537 |  |  | $ | 3,696 |  |  | $ | 2,805 |  |  | $ | 9,902 |
Europe | 968 |  |  | 1,377 |  |  | 141 |  |  | 560 |  |  | 3,046 |
Asia Pacific | 1,129 |  |  | 726 |  |  | 316 |  |  | 86 |  |  | 2,257 |
Other | 262 |  |  | 240 |  |  | 636 |  |  | 504 |  |  | 1,642 |
Total segment | $ | 3,223 |  |  | $ | 4,880 |  |  | $ | 4,789 |  |  | $ | 3,955 |  |  | 16,847 |
Eliminations and other |  |  |  |  |  |  |  |  | (337 | )
Consolidated |  |  |  |  |  |  |  |  | $ | 16,510 |
nine months ended September 30, 2018 is as follows:
(dollars in millions) | Otis |  | UTC Climate, Controls & Security |  | Pratt & Whitney |  | UTC Aerospace Systems |  | Total
Primary Geographical Markets |  |  |  |  |  |  |  |  |
United States | $ | 2,568 |  |  | $ | 7,250 |  |  | $ | 10,469 |  |  | $ | 8,235 |  |  | $ | 28,522 |
Europe | 3,028 |  |  | 4,216 |  |  | 440 |  |  | 1,752 |  |  | 9,436 |
Asia Pacific | 3,220 |  |  | 2,131 |  |  | 996 |  |  | 255 |  |  | 6,602 |
Other | 788 |  |  | 694 |  |  | 1,949 |  |  | 1,492 |  |  | 4,923 |
Total segment | $ | 9,604 |  |  | $ | 14,291 |  |  | $ | 13,854 |  |  | $ | 11,734 |  |  | 49,483 |
Eliminations and other |  |  |  |  |  |  |  |  | (1,026 | )
Consolidated |  |  |  |  |  |  |  |  | $ | 48,457 |
Segment Reporting Disclosure, Product & Sales Type [Text Block] | nine months ended September 30, 2018 are as follows:
(dollars in millions) | Otis |  | UTC Climate, Controls & Security |  | Pratt & Whitney |  | UTC Aerospace Systems |  | Total
Product Type |  |  |  |  |  |  |  |  |
Commercial and industrial, non aerospace | $ | 9,604 |  |  | $ | 14,291 |  |  | $ | 31 |  |  | $ | 44 |  |  | $ | 23,970 |
Commercial aerospace | — |  |  | — |  |  | 9,989 |  |  | 8,966 |  |  | 18,955 |
Military aerospace | — |  |  | — |  |  | 3,834 |  |  | 2,724 |  |  | 6,558 |
Total segment | $ | 9,604 |  |  | $ | 14,291 |  |  | $ | 13,854 |  |  | $ | 11,734 |  |  | 49,483 |
Eliminations and other |  |  |  |  |  |  |  |  | (1,026 | )
Consolidated |  |  |  |  |  |  |  |  | $ | 48,457 |
Sales Type |  |  |  |  |  |  |  |  |
Product | $ | 4,192 |  |  | $ | 11,917 |  |  | $ | 8,016 |  |  | $ | 9,825 |  |  | $ | 33,950 |
Service | 5,412 |  |  | 2,374 |  |  | 5,838 |  |  | 1,909 |  |  | 15,533 |
Total segment | $ | 9,604 |  |  | $ | 14,291 |  |  | $ | 13,854 |  |  | $ | 11,734 |  |  | 49,483 |
Eliminations and other |  |  |  |  |  |  |  |  | (1,026 | )
Consolidated |  |  |  |  |  |  |  |  | $ | 48,457 |
quarter ended September 30, 2018 are as follows:
(dollars in millions) | Otis |  | UTC Climate, Controls & Security |  | Pratt & Whitney |  | UTC Aerospace Systems |  | Total
Product Type |  |  |  |  |  |  |  |  |
Commercial and industrial, non aerospace | $ | 3,223 |  |  | $ | 4,880 |  |  | $ | 5 |  |  | $ | 14 |  |  | $ | 8,122 |
Commercial aerospace | — |  |  | — |  |  | 3,421 |  |  | 3,031 |  |  | 6,452 |
Military aerospace | — |  |  | — |  |  | 1,363 |  |  | 910 |  |  | 2,273 |
Total segment | $ | 3,223 |  |  | $ | 4,880 |  |  | $ | 4,789 |  |  | $ | 3,955 |  |  | 16,847 |
Eliminations and other |  |  |  |  |  |  |  |  | (337 | )
Consolidated |  |  |  |  |  |  |  |  | $ | 16,510 |
Sales Type |  |  |  |  |  |  |  |  |
Product | $ | 1,448 |  |  | $ | 4,106 |  |  | $ | 2,703 |  |  | $ | 3,297 |  |  | $ | 11,554 |
Service | 1,775 |  |  | 774 |  |  | 2,086 |  |  | 658 |  |  | 5,293 |
Total segment | $ | 3,223 |  |  | $ | 4,880 |  |  | $ | 4,789 |  |  | $ | 3,955 |  |  | 16,847 |
Eliminations and other |  |  |  |  |  |  |  |  | (337 | )
Consolidated |  |  |  |  |  |  |  |  | $ | 16,510 |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition [Table Text Block] for Schedule of Segment Reporting Information, by Geographic Markets [Table] + References No definition available. + Details
Name: | utx_ScheduleofSegmentReportingInformationbyGeographicMarketsTableTextBlock
Namespace Prefix: | utx_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Segment Reporting Disclosure, Product & Sales Type [Text Block] + References No definition available. + Details
Name: | utx_SegmentReportingDisclosureProductSalesTypeTextBlock
Namespace Prefix: | utx_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration