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SEGMENT FINANCIAL DATA (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Schedule of Net Sales and Operating Profit by Segment

Net sales and Operating profit by segment are as follows:

						Net Sales												Operating Profit
						Three Months Ended June 30,												Three Months Ended June 30,
(In millions)						2023						2022						2023						2022
HVAC						$	4,216					$	3,388					$	742					$	585
Refrigeration						972						1,041						112						147
Fire & Security						932						887						(157)						134
Total segment						6,120						5,316						697						866
Eliminations and other						(128)						(105)						(146)						(16)
General corporate expenses						—						—						(62)						(31)
Total Consolidated						$	5,992					$	5,211					$	489					$	819

						Net Sales												Operating Profit
						Six Months Ended June 30,												Six Months Ended June 30,
(In millions)						2023						2022						2023						2022
HVAC						$	7,838					$	6,358					$	1,177					$	1,055
Refrigeration						1,870						2,017						220						254
Fire & Security						1,801						1,705						(64)						1,352
Total segment						11,509						10,080						1,333						2,661
Eliminations and other						(244)						(215)						(184)						(40)
General corporate expenses						—						—						(105)						(65)
Total Consolidated						$	11,265					$	9,865					$	1,044					$	2,556

Schedule of Sale by Geographic Areas

Geographic external sales are attributed to the geographic regions based on their location of origin. With the exception of the U.S. presented in the table below, there were no individually significant countries with sales exceeding 10% of total sales during the six months ended June 30, 2023 and 2022.

						Three Months Ended June 30,												Six Months Ended June 30,
(In millions)						2023						2022						2023						2022
United States						$	3,389					$	3,171					$	6,249					$	5,955
International:
Europe						1,205						1,119						2,401						2,164
Asia Pacific						1,194						713						2,227						1,365
Other						204						208						388						381
Net sales						$	5,992					$	5,211					$	11,265					$	9,865

X

- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

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-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph a
-SubTopic 10
-Topic 280
-Publisher FASB
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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

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-Topic 350
-SubTopic 20
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