XML 56 R43.htm IDEA: XBRL DOCUMENT
v3.19.2

Acquisitions, Dispositions, Goodwill and Other Intangible Assets Pro Forma Financial Data (Details) - USD ($) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2019 | Jun. 30, 2018 | Jun. 30, 2019 | Jun. 30, 2018
Revenues | $ 19,634,000,000 | $ 16,705,000,000 | $ 37,999,000,000 | $ 31,947,000,000
Operating profit | 2,584,000,000 | 2,876,000,000 | 4,629,000,000 | 4,804,000,000
Rockwell Collins [Member] |  |  |  |
Revenues |  |  | 4,600,000,000 |
Operating profit |  |  | 665,000,000 |
Business Acquisition, Pro Forma Revenue | 19,634,000,000 | 18,810,000,000 | 37,994,000,000 | 36,131,000,000
Business Acquisition, Pro Forma Net Income | $ 1,901,000,000 | $ 2,266,000,000 | $ 3,385,000,000 | $ 3,742,000,000
Business Acquisition, Pro Forma Earnings Per Share, Basic | $ 2.22 | $ 2.66 | $ 3.96 | $ 4.39
Business Acquisition, Pro Forma Earnings Per Share, Diluted | $ 2.20 | $ 2.63 | $ 3.92 | $ 4.34
Pro Forma Nonrecurring Adjustment, Amortization of inventory and fixed asset fair value adjustment | $ 0 | $ (5,000,000) | $ 141,000,000 | $ (10,000,000)
Pro Forma Nonrecurring Adjustment, Amortization of acquired Rockwell Collins intangible assets, net | 0 | (53,000,000) | 0 | (106,000,000)
Pro Forma Nonrecurring Adjustment, Utilization of contractual customer obligation | 0 | 8,000,000 | 0 | 10,000,000
Pro Forma Nonrecurring Adjustment, UTC/Rockwell fees for advisory, legal, accounting services | 1,000,000 | 17,000,000 | 3,000,000 | 43,000,000
Pro Forma Nonrecurring Adjustment, Interest expense incurred on acquisition financing, net | 0 | (76,000,000) | 0 | (152,000,000)
Pro Forma Nonrecurring Adjustment, Elimination of capitalized pre-production engineering amortization | 0 | 17,000,000 | 0 | 32,000,000
Pro Forma Nonrecurring Adjustment, Adjustment to net periodic pension cost | 0 | 11,000,000 | 0 | 22,000,000
Pro Forma Nonrecurring Adjustment, Adjustment to reflect the adoption of ASC 606 | 0 | 29,000,000 | 0 | 58,000,000
Pro Forma Nonrecurring Adjustment, Elimination of entities held for sale | 0 | (5,000,000) | (5,000,000) | (12,000,000)
Pro Forma Nonrecurring Adjustments, Net | $ 1,000,000 | $ (57,000,000) | $ 139,000,000 | $ (115,000,000)

X
- Definition The pro forma basic net income per share for a period as if the business combination or combinations had been completed at the beginning of a period. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaEarningsPerShareBasic
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition The pro forma diluted net income per share for a period as if the business combination or combinations had been completed at the beginning of a period. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaEarningsPerShareDiluted
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition The pro forma net Income or Loss for the period as if the business combination or combinations had been completed at the beginning of a period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The pro forma revenue for a period as if the business combination or combinations had been completed at the beginning of the period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionsProFormaRevenue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The net result for the period of deducting operating expenses from operating revenues. + References No definition available. + Details
Name: | us-gaap_OperatingIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227 + Details
Name: | us-gaap_Revenues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Reflects adjustments for the elimination of amortization of prior service cost and actuarial loss amortization, which was recorded by Rockwell Collins, as a result of fair value purchase accounting, net of the impact of the revised pension and post-retirement benefit (expense) as determined under UTC’s plan assumptions. + References No definition available. + Details
Name: | utx_ProFormaNonrecurringAdjustmentAdjustmenttonetperiodicpensioncost
Namespace Prefix: | utx_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Reflects adjustments to Rockwell Collins revenue recognition as if they adopted the New Revenue Standard as of January 1, 2018 and primarily relates to deferral of revenue recognized on OEM product engineering and development, partially offset by changes in timing of sales recognition for contracts requiring an over time method of revenue recognition. + References No definition available. + Details
Name: | utx_ProFormaNonrecurringAdjustmentAdjustmenttoreflecttheadoptionofASC606
Namespace Prefix: | utx_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Reflects the additional amortization of the acquired Rockwell Collins intangible assets recognized at fair value in purchase accounting and eliminates the historical Rockwell Collins intangible asset amortization expense. + References No definition available. + Details
Name: | utx_ProFormaNonrecurringAdjustmentAmortizationofacquiredRockwellCollinsintangibleassetsnet
Namespace Prefix: | utx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Reflects the amortization expense on the Rockwell Collins inventory step up which would be completed within the first two quarters of 2017 and eliminated the inventory step-up amortization recorded by UTC in 2018. Additionally, this adjustments reflects the amortization of the fixed asset fair value adjustment as of the acquisition date. + References No definition available. + Details
Name: | utx_ProFormaNonrecurringAdjustmentAmortizationofinventoryandfixedassetfairvalueadjustment
Namespace Prefix: | utx_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Reflects the elimination of capitalized pre-production engineering amortization to conform to UTC policy. + References No definition available. + Details
Name: | utx_ProFormaNonrecurringAdjustmentEliminationofcapitalizedpreproductionengineeringamortization
Namespace Prefix: | utx_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Reflects the elimination of entities required to be sold for regulatory approvals. + References No definition available. + Details
Name: | utx_ProFormaNonrecurringAdjustmentEliminationofentitiesheldforsale
Namespace Prefix: | utx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Reflects the additional interest expense incurred on debt to finance our acquisition of Rockwell Collins and reduces interest expense for the debt fair value adjustment which would have been amortized. + References No definition available. + Details
Name: | utx_ProFormaNonrecurringAdjustmentInterestexpenseincurredonacquisitionfinancingnet
Namespace Prefix: | utx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Reflects the elimination of transaction-related fees incurred by UTC and Rockwell Collins in connection with the acquisition and assumes all of the fees were incurred during the first quarter of 2017. + References No definition available. + Details
Name: | utx_ProFormaNonrecurringAdjustmentUTCRockwellfeesforadvisorylegalaccountingservices
Namespace Prefix: | utx_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Reflects the additional amortization of liabilities recognized for acquired contracts with terms less favorable than could be realized in market transactions as of the acquisition date and eliminates Rockwell Collins historical amortization of these liabilities. + References No definition available. + Details
Name: | utx_ProFormaNonrecurringAdjustmentUtilizationofcontractualcustomerobligation
Namespace Prefix: | utx_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Pro Forma Nonrecurring Adjustments, Net + References No definition available. + Details
Name: | utx_ProFormaNonrecurringAdjustmentsNet
Namespace Prefix: | utx_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=utx_RockwellCollinsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |