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SEGMENT FINANCIAL DATA
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
SEGMENT FINANCIAL DATA SEGMENT FINANCIAL DATA
The Company conducts its operations through three reportable operating segments: HVAC, Refrigeration and Fire & Security. In accordance with ASC 280 - Segment Reporting, the Company's segments maintain separate financial information for which results of operations are evaluated on a regular basis by the Company's Chief Operating Decision Maker in deciding how to allocate resources and in assessing performance.

•The HVAC segment provides products, controls, services and solutions to meet the heating, cooling and ventilation needs of residential and commercial customers while enhancing building performance, health, energy efficiency and sustainability.

•The Refrigeration segment includes transport refrigeration and monitoring products, services and digital solutions for trucks, trailers, shipping containers, intermodal and rail, as well as commercial refrigeration products.

•The Fire & Security segment provides a wide range of residential, commercial and industrial technologies designed to help protect people and property.

The Company's customers are in both the public and private sectors and its businesses reflect extensive geographic diversification. Inter-company sales between segments are immaterial.
Net sales and Operating profit by segment are as follows:

Net SalesOperating Profit
 Three Months Ended June 30, Three Months Ended June 30,
(In millions)2024202320242023
HVAC$4,970 $4,216 $687 $742 
Refrigeration973 972 113 112 
Fire & Security871 932 3,001 (157)
Total segment6,814 6,120 3,801 697 
Eliminations and other(125)(128)(23)(146)
General corporate expenses— — (87)(62)
Total Consolidated$6,689 $5,992 $3,691 $489 

Net SalesOperating Profit
Six Months Ended June 30,Six Months Ended June 30,
(In millions)2024202320242023
HVAC$9,511 $7,838 $1,116 $1,177 
Refrigeration1,857 1,870 210 220 
Fire & Security1,758 1,801 3,154 (64)
Total segment13,126 11,509 4,480 1,333 
Eliminations and other(255)(244)(98)(184)
General corporate expenses— — (191)(105)
Total Consolidated$12,871 $11,265 $4,191 $1,044 

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 three and six months ended June 30, 2024 and 2023.

 Three Months Ended June 30,Six Months Ended June 30,
(In millions)2024202320242023
United States $3,477 $3,389 $6,444 $6,249 
International:
Europe1,889 1,205 3,860 2,401 
Asia Pacific1,104 1,194 2,144 2,227 
Other219 204 423 388 
Net sales$6,689 $5,992 $12,871 $11,265