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Operating segment and geographic data (Tables)
12 Months Ended
Dec. 31, 2015
Operating segment and geographic data  
Schedule of revenues by operating segment

 

                                                                                                                                                                                    

 

 

2015

 

($ in millions)

 

Third-party
revenues

 

Intersegment
revenues

 

Total
revenues

 

Discrete Automation and Motion

 

 

8,492

 

 

635

 

 

9,127

 

Low Voltage Products

 

 

6,210

 

 

337

 

 

6,547

 

Process Automation

 

 

6,235

 

 

139

 

 

6,374

 

Power Products

 

 

8,352

 

 

1,198

 

 

9,550

 

Power Systems

 

 

6,132

 

 

210

 

 

6,342

 

Corporate and Other

 

 

60

 

 

1,459

 

 

1,519

 

Intersegment elimination

 

 

 

 

(3,978

)

 

(3,978

)

​  

​  

​  

​  

​  

​  

Consolidated

 

 

35,481

 

 

 

 

35,481

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

2014

 

($ in millions)

 

Third-party
revenues

 

Intersegment
revenues

 

Total
revenues

 

Discrete Automation and Motion

 

 

9,296

 

 

846

 

 

10,142

 

Low Voltage Products

 

 

7,117

 

 

415

 

 

7,532

 

Process Automation

 

 

7,745

 

 

203

 

 

7,948

 

Power Products

 

 

8,782

 

 

1,551

 

 

10,333

 

Power Systems

 

 

6,686

 

 

334

 

 

7,020

 

Corporate and Other

 

 

204

 

 

1,592

 

 

1,796

 

Intersegment elimination

 

 

 

 

(4,941

)

 

(4,941

)

​  

​  

​  

​  

​  

​  

Consolidated

 

 

39,830

 

 

 

 

39,830

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

2013

 

($ in millions)

 

Third-party
revenues

 

Intersegment
revenues

 

Total
revenues

 

Discrete Automation and Motion

 

 

8,909

 

 

1,006

 

 

9,915

 

Low Voltage Products

 

 

7,338

 

 

391

 

 

7,729

 

Process Automation

 

 

8,287

 

 

210

 

 

8,497

 

Power Products

 

 

9,096

 

 

1,936

 

 

11,032

 

Power Systems

 

 

8,025

 

 

350

 

 

8,375

 

Corporate and Other

 

 

193

 

 

1,583

 

 

1,776

 

Intersegment elimination

 

 

 

 

(5,476

)

 

(5,476

)

​  

​  

​  

​  

​  

​  

Consolidated

 

 

41,848

 

 

 

 

41,848

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of segment profit by operating segment

 

                                                                                                                                                                                    

($ in millions)

 

2015

 

2014

 

2013

 

Operational EBITA:

 

 

 

 

 

 

 

 

 

 

Discrete Automation and Motion

 

 

1,271

 

 

1,589

 

 

1,622

 

Low Voltage Products

 

 

1,096

 

 

1,241

 

 

1,265

 

Process Automation

 

 

755

 

 

958

 

 

1,022

 

Power Products

 

 

1,178

 

 

1,319

 

 

1,435

 

Power Systems

 

 

274

 

 

(96

)

 

326

 

Corporate and Other and Intersegment elimination

 

 

(405

)

 

(536

)

 

(523

)

​  

​  

​  

​  

​  

​  

Consolidated Operational EBITA

 

 

4,169

 

 

4,475

 

 

5,147

 

Acquisition-related amortization

 

 

(310

)

 

(380

)

 

(390

)

Restructuring and restructuring-related expenses(1)

 

 

(674

)

 

(235

)

 

(252

)

Gains and losses on sale of businesses, acquisition-related expenses and certain non-operational items

 

 

(120

)

 

482

 

 

(181

)

Foreign exchange/commodity timing differences in income from operations:

 

 

 

 

 

 

 

 

 

 

Unrealized gains and losses on derivatives where the underlying hedged transaction has not yet been realized

 

 

67

 

 

(223

)

 

60

 

Realized gains and losses on derivatives where the underlying hedged transaction has not yet been realized

 

 

(68

)

 

(42

)

 

14

 

Unrealized foreign exchange movements on receivables/payables (and related assets/liabilities)

 

 

(15

)

 

101

 

 

(11

)

​  

​  

​  

​  

​  

​  

Income from operations

 

 

3,049

 

 

4,178

 

 

4,387

 

Interest and dividend income

 

 

77

 

 

80

 

 

69

 

Interest and other finance expense

 

 

(286

)

 

(362

)

 

(390

)

​  

​  

​  

​  

​  

​  

Income from continuing operations before taxes

 

 

2,840

 

 

3,896

 

 

4,066

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  


 

 

 

(1)          

Amounts also include the incremental implementation costs in relation to the White Collar Productivity program.

 

Schedule of depreciation and amortization, capital expenditure and total assets after intersegment eliminations

 

                                                                                                                                                                                    

 

 

Depreciation and
amortization

 

Capital
expenditure(1)

 

Total assets(1)
at December 31,

 

($ in millions)

 

2015

 

2014

 

2013

 

2015

 

2014

 

2013

 

2015

 

2014

 

2013

 

Discrete Automation and Motion

 

 

295 

 

 

309 

 

 

285 

 

 

145 

 

 

192 

 

 

214 

 

 

9,452 

 

 

10,123 

 

 

10,931 

 

Low Voltage Products

 

 

271 

 

 

301 

 

 

323 

 

 

166 

 

 

184 

 

 

204 

 

 

7,481 

 

 

7,978 

 

 

9,389 

 

Process Automation

 

 

75 

 

 

88 

 

 

87 

 

 

52 

 

 

49 

 

 

68 

 

 

3,851 

 

 

4,268 

 

 

4,537 

 

Power Products

 

 

191 

 

 

217 

 

 

223 

 

 

164 

 

 

220 

 

 

252 

 

 

6,869 

 

 

7,396 

 

 

7,669 

 

Power Systems

 

 

138 

 

 

175 

 

 

183 

 

 

75 

 

 

92 

 

 

101 

 

 

6,120 

 

 

6,855 

 

 

7,905 

 

Corporate and Other

 

 

190 

 

 

215 

 

 

217 

 

 

274 

 

 

289 

 

 

267 

 

 

7,583 

 

 

8,232 

 

 

7,601 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Consolidated

 

 

1,160 

 

 

1,305 

 

 

1,318 

 

 

876 

 

 

1,026 

 

 

1,106 

 

 

41,356 

 

 

44,852 

 

 

48,032 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  


 

 

 

(1)          

Capital expenditure and Total assets are after intersegment eliminations and therefore reflect third-party activities only.

 

 

Schedule of geographic information for revenues and long-lived assets

 

                                                                                                                                                                                    

 

 

Revenues

 

Long-lived
assets at
December 31,

 

($ in millions)

 

2015

 

2014

 

2013

 

2015

 

2014

 

Europe

 

 

11,602 

 

 

13,745 

 

 

14,450 

 

 

3,253 

 

 

3,460 

 

The Americas

 

 

10,554 

 

 

11,490 

 

 

12,133 

 

 

1,113 

 

 

1,215 

 

Asia, Middle East and Africa

 

 

13,325 

 

 

14,595 

 

 

15,265 

 

 

910 

 

 

977 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

 

35,481 

 

 

39,830 

 

 

41,848 

 

 

5,276 

 

 

5,652 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​