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SEGMENT FINANCIAL DATA (Tables)

6 Months Ended

Jun. 30, 2024

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)						2024						2023						2024						2023
HVAC						$	4,970					$	4,216					$	687					$	742
Refrigeration						973						972						113						112
Fire & Security						871						932						3,001						(157)
Total segment						6,814						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 Sales												Operating Profit
						Six Months Ended June 30,												Six Months Ended June 30,
(In millions)						2024						2023						2024						2023
HVAC						$	9,511					$	7,838					$	1,116					$	1,177
Refrigeration						1,857						1,870						210						220
Fire & Security						1,758						1,801						3,154						(64)
Total segment						13,126						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

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

						Three Months Ended June 30,												Six Months Ended June 30,
(In millions)						2024						2023						2024						2023
United States						$	3,477					$	3,389					$	6,444					$	6,249
International:
Europe						1,889						1,205						3,860						2,401
Asia Pacific						1,104						1,194						2,144						2,227
Other						219						204						423						388
Net sales						$	6,689					$	5,992					$	12,871					$	11,265

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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

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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 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

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-Name Accounting Standards Codification
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-Section 50
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