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SEGMENT FINANCIAL DATA (Tables) | 12 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Segment Financial Data |
| Years Ended December 31,
2023 |  | 2022 |  | 2021
Net sales |  |  |  |  |
Aerospace Technologies |  |  |  |  |
Products | $ | 7,316 |  |  | $ | 6,330 |  |  | $ | 6,158 |
Services | 6,308 |  |  | 5,497 |  |  | 4,868 |
Net Aerospace Technologies sales | 13,624 |  |  | 11,827 |  |  | 11,026 |
Industrial Automation |  |  |  |  |
Products | 8,176 |  |  | 9,439 |  |  | 10,403 |
Services | 2,580 |  |  | 2,199 |  |  | 2,022 |
Net Industrial Automation sales | 10,756 |  |  | 11,638 |  |  | 12,425 |
Building Automation |  |  |  |  |
Products | 4,599 |  |  | 4,591 |  |  | 4,098 |
Services | 1,432 |  |  | 1,409 |  |  | 1,441 |
Net Building Automation sales | 6,031 |  |  | 6,000 |  |  | 5,539 |
Energy and Sustainability Solutions |  |  |  |  |
Products | 5,682 |  |  | 5,600 |  |  | 4,984 |
Services | 557 |  |  | 396 |  |  | 418 |
Net Energy and Sustainability Solutions sales | 6,239 |  |  | 5,996 |  |  | 5,402 |
Corporate and All Other |  |  |  |  |
Services | 12 |  |  | 5 |  |  | — |
Net Corporate and All Other sales | 12 |  |  | 5 |  |  | — |
Net sales | $ | 36,662 |  |  | $ | 35,466 |  |  | $ | 34,392 |
Depreciation and amortization |  |  |  |  |
Aerospace Technologies | $ | 267 |  |  | $ | 285 |  |  | $ | 278 |
Industrial Automation | 386 |  |  | 422 |  |  | 439 |
Building Automation | 107 |  |  | 92 |  |  | 67 |
Energy and Sustainability Solutions | 253 |  |  | 247 |  |  | 252 |
Corporate and All Other | 163 |  |  | 158 |  |  | 102 |
Total depreciation and amortization | $ | 1,176 |  |  | $ | 1,204 |  |  | $ | 1,138 |
Segment profit |  |  |  |  |
Aerospace Technologies | $ | 3,741 |  |  | $ | 3,228 |  |  | $ | 3,051 |
Industrial Automation | 1,967 |  |  | 1,896 |  |  | 1,824 |
Building Automation | 1,505 |  |  | 1,439 |  |  | 1,238 |
Energy and Sustainability Solutions | 1,483 |  |  | 1,538 |  |  | 1,325 |
Corporate and All Other | (392) |  |  | (412) |  |  | (226) |
Total segment profit | $ | 8,304 |  |  | $ | 7,689 |  |  | $ | 7,212 |
| Years Ended December 31,
2023 |  | 2022 |  | 2021
Capital expenditures |  |  |  |  |
Aerospace Technologies | $ | 310 |  |  | $ | 246 |  |  | $ | 284 |
Industrial Automation | 194 |  |  | 77 |  |  | 232 |
Building Automation | 79 |  |  | 74 |  |  | 62 |
Energy and Sustainability Solutions | 374 |  |  | 291 |  |  | 223 |
Corporate and All Other | 82 |  |  | 78 |  |  | 94 |
Total capital expenditures | $ | 1,039 |  |  | $ | 766 |  |  | $ | 895 |
| Years Ended December 31,
| 2023 |  | 2022 |  |
Total assets |  |  |  |  |
Aerospace Technologies | $ | 12,976 |  |  | $ | 12,189 |  |  |
Industrial Automation | 22,026 |  |  | 21,337 |  |  |
Building Automation | 6,723 |  |  | 6,599 |  |  |
Energy and Sustainability Solutions | 8,048 |  |  | 7,442 |  |  |
Corporate and All Other | 11,752 |  |  | 14,708 |  |  |
Total assets | $ | 61,525 |  |  | $ | 62,275 |  |  |
Reconciliation of Operating Profit Loss From Segments to Consolidated | A reconciliation of segment profit to consolidated income before taxes are as follows:
| Years Ended December 31,
2023 |  | 2022 |  | 2021
Segment profit | $ | 8,304 |  |  | $ | 7,689 |  |  | $ | 7,212 |
Interest and other financial charges | (765) |  |  | (414) |  |  | (343) |
Interest income | 321 |  |  | 138 |  |  | 102 |
Stock compensation expense 1 | (202) |  |  | (188) |  |  | (217) |
Pension ongoing income 2 | 528 |  |  | 993 |  |  | 1,083 |
Pension mark-to-market expense | (153) |  |  | (523) |  |  | (40) |
Other postretirement income 2 | 29 |  |  | 41 |  |  | 71 |
Repositioning and other charges 3 | (860) |  |  | (1,266) |  |  | (569) |
Other expense 4 | (43) |  |  | (91) |  |  | (64) |
Income before taxes | $ | 7,159 |  |  | $ | 6,379 |  |  | $ | 7,235 |
1 |  | Amounts included in Selling, general and administrative expenses.
2 |  | Amounts included in Cost of products and services sold (service cost component), Selling, general and administrative expenses (service cost component), Research and development expenses (service cost component), and Other (income) expense (non-service cost component).
3 |  | Amounts included in Cost of products and services sold, Selling, general and administrative expenses, and Other (income) expense.
4 |  | Amounts include the other components of Other (income) expense not included within other categories in this reconciliation. Equity income of affiliated companies is included in segment profit.

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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- 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 -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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