During the first six months of 2012, we recorded net pre-tax restructuring costs totaling $232 million for new and ongoing restructuring actions as follows:

(Dollars in millions)
Otis	$	63
UTC Climate, Controls & Security		72
Pratt & Whitney		54
Hamilton Sundstrand		5
Sikorsky		6
Eliminations and other		4
Restructuring costs recorded within continuing operations		204
Restructuring costs recorded within discontinued operations		28
Total	$	232

The net costs included $110 million recorded in cost of sales, $94 million in selling, general and administrative expenses, and $28 million in discontinued operations. As described below, these costs primarily relate to actions initiated during 2012 and 2011.

2012 Actions. During the first six months of 2012, we initiated restructuring actions relating to ongoing cost reduction efforts, including workforce reductions and the consolidation of field operations. We recorded net pre-tax restructuring costs totaling $187 million, including $88 million in cost of sales, $72 million in selling, general and administrative expenses and $27 million in discontinued operations.

We expect the actions initiated in the first six months of 2012 to result in net workforce reductions of approximately 2,300 hourly and salaried employees, the exiting of approximately 600,000 net square feet of facilities and the disposal of assets associated with exited facilities. As of June 30, 2012, we have completed net workforce reductions of approximately 1,300 employees and exited approximately 100,000 net square feet. We are targeting the majority of the remaining workforce and all facility related cost reduction actions for completion during 2012 and 2013. No specific plans for significant other actions have been finalized at this time.

The following table summarizes the accrual balances and utilization by cost type for the 2012 restructuring actions:

(Dollars in millions)	Severance		Asset Write-Downs		Facility Exit, Lease Termination and Other Costs		Total
Restructuring accruals at March 31, 2012	$	84	$	-	$	3	$	87
Net pre-tax restructuring costs		59		1		11		71
Utilization and foreign exchange		(50)		(1)		(4)		(55)
Balance at June 30, 2012	$	93	$	-	$	10	$	103

The following table summarizes expected, incurred and remaining costs for the 2012 restructuring actions by type:

(Dollars in millions)	Severance		Asset Write-Downs		Facility Exit, Lease Termination and Other Costs		Total
Expected costs	$	197	$	13	$	46	$	256
Costs incurred - quarter ended March 31, 2012		(96)		(12)		(8)		(116)
Costs incurred - quarter ended June 30, 2012		(59)		(1)		(11)		(71)
Balance at June 30, 2012	$	42	$	-	$	27	$	69

The following table summarizes expected, incurred and remaining costs for the 2012 restructuring actions by segment:

			Costs Incurred		Costs Incurred		Remaining
			Quarter Ended		Quarter Ended		Costs at
(Dollars in millions)	Expected Costs		March 31, 2012		June 30, 2012		June 30, 2012
Otis	$	61	$	(23)	$	(31)	$	7
UTC Climate, Controls & Security		98		(25)		(24)		49
Pratt & Whitney		61		(34)		(16)		11
Hamilton Sundstrand		5		(1)		(2)		2
Eliminations and other		4		(6)		2		-
Discontinued operations		27		(27)		-		-
Total	$	256	$	(116)	$	(71)	$	69

2011 Actions. During the first six months of 2012, we recorded net pre-tax restructuring costs totaling $41 million for restructuring actions initiated in 2011, including $19 million in cost of sales, $21 million in selling, general and administrative expenses and $1 million in discontinued operations. The 2011 actions relate to ongoing cost reduction efforts, including workforce reductions and the consolidation of field operations.

As of June 30, 2012, we have completed net workforce reductions of approximately 4,000 employees of an expected 5,000 employees, and have exited approximately 100,000 net square feet of facilities of an expected 2 million net square feet. We are targeting the majority of the remaining workforce and facility related cost reduction actions for completion during 2012 and 2013.

The following table summarizes the accrual balances and utilization by cost type for the 2011 restructuring actions:

(Dollars in millions)	Severance		Asset Write-Downs		Facility Exit, Lease Termination and Other Costs		Total
Restructuring accruals at March 31, 2012	$	83	$	-	$	14	$	97
Net pre-tax restructuring costs		18		-		3		21
Utilization and foreign exchange		(31)		-		(5)		(36)
Balance at June 30, 2012	$	70	$	-	$	12	$	82

The following table summarizes expected, incurred and remaining costs for the 2011 restructuring actions by type:

(Dollars in millions)	Severance		Asset Write-Downs		Facility Exit, Lease Termination and Other Costs		Total
Expected costs	$	304	$	4	$	69	$	377
Costs incurred through December 31, 2011		(259)		(4)		(23)		(286)
Costs incurred - quarter ended March 31, 2012		(10)		-		(10)		(20)
Costs incurred - quarter ended June 30, 2012		(18)		-		(3)		(21)
Remaining costs at June 30, 2012	$	17	$	-	$	33	$	50

The following table summarizes expected, incurred and remaining costs for the 2011 restructuring actions by segment:

			Costs Incurred		Costs Incurred		Costs Incurred		Remaining
			through		Quarter Ended		Quarter Ended		Costs at
(Dollars in millions)	Expected Costs		December 31, 2011		March 31, 2012		June 30, 2012		June 30, 2012
Otis	$	101	$	(76)	$	(6)	$	(4)	$	15
UTC Climate, Controls & Security		122		(93)		(9)		(13)		7
Pratt & Whitney		47		(37)		(2)		(1)		7
Hamilton Sundstrand		8		(8)		-		-		-
Sikorsky		75		(51)		(3)		(2)		19
Discontinued operations		24		(21)		-		(1)		2
Total	$	377	$	(286)	$	(20)	$	(21)	$	50

2010 Actions. As of June 30, 2012, we have approximately $44 million of accrual balances remaining related to 2010 actions.