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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net sales:    
Net sales $ 3,350 $ 3,437
Costs and expenses:    
Research and development 37 36
Selling, general and administrative 464 462
Costs and expenses 2,850 2,907
Other income (expense), net (89) 14
Operating profit 411 544
Non-service pension cost (benefit) 0 0
Interest expense (income), net 45 44
Net income before income taxes 366 500
Income tax expense (benefit) 110 126
Net income 256 374
Less: Noncontrolling interest in subsidiaries' earnings 13 21
Net income attributable to Otis Worldwide Corporation $ 243 $ 353
Earnings per share (Note 2):    
Basic (in usd per share) $ 0.61 $ 0.87
Diluted (in usd per share) $ 0.61 $ 0.86
Weighted average number of shares outstanding:    
Basic shares (in shares) 396.6 405.2
Diluted shares (in shares) 399.1 408.1
Product sales    
Net sales:    
Net sales $ 1,163 $ 1,280
Costs and expenses:    
Cost of sales 976 1,067
Service sales    
Net sales:    
Net sales 2,187 2,157
Costs and expenses:    
Cost of sales $ 1,373 $ 1,342