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Borrowings and Lines of Credit (Tables) | 9 Months Ended
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Sep. 30, 2019
Debt Disclosure [Abstract] |
Schedule of Short-Term Debt [Table Text Block] |
(dollars in millions) | September 30, 2019 |  | December 31, 2018
Commercial paper | $ | 984 |  |  | $ | 1,257 |
Other borrowings | 343 |  |  | 212 |
Total short-term borrowings | $ | 1,327 |  |  | $ | 1,469 |
Schedule of Long-term Debt [Table Text Block] | Long-term debt consisted of the following:
(dollars in millions) | September 30, 2019 |  | December 31, 2018
LIBOR plus 0.350% floating rate notes due 2019 3 | $ | 350 |  |  | $ | 350 |
1.500% notes due 2019 1 | 650 |  |  | 650 |
1.950% notes due 2019 4 | — |  |  | 300 |
EURIBOR plus 0.15% floating rate notes due 2019 (€750 million principal value) 2 | 824 |  |  | 858 |
5.250% notes due 2019 4 | — |  |  | 300 |
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 | 824 |  |  | 858 |
8.750% notes due 2021 | 250 |  |  | 250 |
3.100% notes due 2021 4 | 250 |  |  | 250 |
3.350% notes due 2021 1 | 1,000 |  |  | 1,000 |
LIBOR plus 0.650% floating rate notes due 2021 1,3 | 750 |  |  | 750 |
1.950% notes due 2021 1 | 750 |  |  | 750 |
1.125% notes due 2021 (€950 million principal value) 1 | 1,044 |  |  | 1,088 |
2.300% notes due 2022 1 | 500 |  |  | 500 |
2.800% notes due 2022 4 | 1,100 |  |  | 1,100 |
3.100% notes due 2022 1 | 2,300 |  |  | 2,300 |
1.250% notes due 2023 (€750 million principal value) 1 | 824 |  |  | 858 |
3.650% notes due 2023 1 | 2,250 |  |  | 2,250 |
3.700% notes due 2023 4 | 400 |  |  | 400 |
2.800% notes due 2024 1 | 800 |  |  | 800 |
3.200% notes due 2024 4 | 950 |  |  | 950 |
1.150% notes due 2024 (€750 million principal value) 1 | 824 |  |  | 858 |
3.950% notes due 2025 1 | 1,500 |  |  | 1,500 |
1.875% notes due 2026 (€500 million principal value) 1 | 549 |  |  | 573 |
2.650% notes due 2026 1 | 1,150 |  |  | 1,150 |
3.125% notes due 2027 1 | 1,100 |  |  | 1,100 |
3.500% notes due 2027 4 | 1,300 |  |  | 1,300 |
7.100% notes due 2027 | 141 |  |  | 141 |
6.700% notes due 2028 | 400 |  |  | 400 |
4.125% notes due 2028 1 | 3,000 |  |  | 3,000 |
7.500% notes due 2029 1 | 550 |  |  | 550 |
2.150% notes due 2030 (€500 million principal value) 1 | 549 |  |  | 573 |
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 |
4.450% notes due 2038 1 | 750 |  |  | 750 |
5.700% notes due 2040 1 | 1,000 |  |  | 1,000 |
4.500% notes due 2042 1 | 3,500 |  |  | 3,500 |
4.800% notes due 2043 4 | 400 |  |  | 400 |
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 |
4.350% notes due 2047 4 | 1,000 |  |  | 1,000 |
4.625% notes due 2048 1 | 1,750 |  |  | 1,750 |
Project financing obligations 5 | 307 |  |  | 287 |
Other (including finance leases) | 279 |  |  | 287 |
Total principal long-term debt | 43,600 |  |  | 44,416 |
Other (fair market value adjustments, discounts and debt issuance costs) | (323 | ) |  | (348 | )
Total long-term debt | 43,277 |  |  | 44,068 |
Less: current portion | 5,495 |  |  | 2,876 |
Long-term debt, net of current portion | $ | 37,782 |  |  | $ | 41,192 |
1 | We may redeem these notes at our option pursuant to their terms.
2 | The three-month EURIBOR rate as of September 30, 2019 was approximately -0.418%. 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 September 30, 2019 was approximately 2.0851%.
4 | Rockwell Collins debt which remained outstanding following the Rockwell Acquisition.
5 Project financing obligations are associated with the sale of rights to unbilled revenues related to the ongoing activity of an entity owned by Carrier.
Schedule of Weighted average interest rates [Table Text Block] | The average interest expense rate on our total borrowings for the quarters and nine months ended September 30, 2019 and 2018 were as follows:
| Quarter Ended September 30, |  | Nine Months Ended September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Average interest expense rate | 3.7 | % |  | 3.6 | % |  | 3.7 | % |  | 3.5 | %

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