| Segment Financial Data [Text Block] |
Segment Financial Data Our operations are classified into four principal segments: Otis, UTC Climate, Controls & Security, Pratt & Whitney, and UTC Aerospace Systems. The segments are generally based on the management structure of the businesses and the grouping of similar operating companies, where each management organization has general operating autonomy over diversified products and services. Results for the quarters ended September 30, 2017 and 2016 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | Net Sales | | Operating Profits | | Operating Profit Margins | (Dollars in millions) | 2017 | | 2016 | | 2017 | | 2016 | | 2017 | | 2016 | Otis | $ | 3,156 |
| | $ | 3,018 |
| | $ | 555 |
| | $ | 584 |
| | 17.6 | % | | 19.4 | % | UTC Climate, Controls & Security | 4,688 |
| | 4,415 |
| | 828 |
| | 801 |
| | 17.7 | % | | 18.1 | % | Pratt & Whitney | 3,871 |
| | 3,501 |
| | 229 |
| | 340 |
| | 5.9 | % | | 9.7 | % | UTC Aerospace Systems | 3,637 |
| | 3,646 |
| | 616 |
| | 600 |
| | 16.9 | % | | 16.5 | % | Total segments | 15,352 |
| | 14,580 |
| | 2,228 |
| | 2,325 |
| | 14.5 | % | | 15.9 | % | Eliminations and other | (290 | ) | | (226 | ) | | 40 |
| | 18 |
| | | | | General corporate expenses | — |
| | — |
| | (105 | ) | | (92 | ) | | | | | Consolidated | $ | 15,062 |
| | $ | 14,354 |
| | $ | 2,163 |
| | $ | 2,251 |
| | 14.4 | % | | 15.7 | % |
Results for the nine months ended September 30, 2017 and 2016 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | Net Sales | | Operating Profits | | Operating Profit Margins | (Dollars in millions) | 2017 | | 2016 | | 2017 | | 2016 | | 2017 | | 2016 | Otis | $ | 9,091 |
| | $ | 8,830 |
| | $ | 1,551 |
| | $ | 1,631 |
| | 17.1 | % | | 18.5 | % | UTC Climate, Controls & Security | 13,292 |
| | 12,602 |
| | 2,664 |
| | 2,279 |
| | 20.0 | % | | 18.1 | % | Pratt & Whitney | 11,699 |
| | 10,902 |
| | 1,024 |
| | 1,136 |
| | 8.8 | % | | 10.4 | % | UTC Aerospace Systems | 10,888 |
| | 10,867 |
| | 1,771 |
| | 1,720 |
| | 16.3 | % | | 15.8 | % | Total segments | 44,970 |
| | 43,201 |
| | 7,010 |
| | 6,766 |
| | 15.6 | % | | 15.7 | % | Eliminations and other | (813 | ) | | (616 | ) | | 25 |
| | 47 |
| | | | | General corporate expenses | — |
| | — |
| | (315 | ) | | (280 | ) | | | | | Consolidated | $ | 44,157 |
| | $ | 42,585 |
| | $ | 6,720 |
| | $ | 6,533 |
| | 15.2 | % | | 15.3 | % |
See Note 8 to the Condensed Consolidated Financial Statements for a discussion of restructuring costs included in segment operating results.
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