Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Segment Reporting Information by Segment

A summary of operations by reportable segments for the years ended December 31 were as follows:

Dollar amounts in millions	2019			2018			2017
Climate
Net revenues	$	13,075.9		$	12,343.8		$	11,167.5
Segment operating income	1,908.5			1,766.2			1,572.7
Segment operating income as a percentage of net revenues	14.6		%	14.3		%	14.1		%
Depreciation and amortization	258.0			252.0			247.6
Capital expenditures	188.1			217.3			103.8
Industrial
Net revenues	3,523.0			3,324.4			3,030.1
Segment operating income	455.0			405.3			357.6
Segment operating income as a percentage of net revenues	12.9		%	12.2		%	11.8		%
Depreciation and amortization	108.6			79.2			77.3
Capital expenditures	48.7			80.9			57.4
Total net revenues	$	16,598.9		$	15,668.2		$	14,197.6
Reconciliation to Operating Income
Segment operating income from reportable segments	$	2,363.5		$	2,171.5		$	1,930.3
Unallocated corporate expense	(345.9		)	(254.1		)	(265.0		)
Total operating income	$	2,017.6		$	1,917.4		$	1,665.3
Total operating income as a percentage of revenues	12.2		%	12.2		%	11.7		%
Depreciation and Amortization
Depreciation and amortization from reportable segments	$	366.6		$	331.2		$	324.9
Unallocated depreciation and amortization	30.8			30.3			28.4
Total depreciation and amortization	$	397.4		$	361.5		$	353.3
Capital Expenditures
Capital expenditures from reportable segments	$	236.8		$	298.2		$	161.2
Corporate capital expenditures	17.3			67.4			60.1
Total capital expenditures	$	254.1		$	365.6		$	221.3

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

At December 31, a summary of long-lived assets by geographic area were as follows:

In millions	2019		2018
United States	$	2,327.3	$	1,914.7
Non-U.S.	790.6		781.3
Total	$	3,117.9	$	2,696.0