SEGMENT FINANCIAL DATA (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Segment information for the periods presented are as follows:

	Net Sales				Operating Profit
	For the Three Months Ended September 30,				For the Three Months Ended September 30,
(dollars in millions)	2020		2019		2020		2019
HVAC	$	2,892	$	2,602	$	839	$	404
Refrigeration	876		922		103		125
Fire & Security	1,324		1,402		200		205
Total segment	5,092		4,926		1,142		734
Eliminations and other	(90)		(104)		(31)		(63)
General corporate expenses	—		—		(30)		(42)
Consolidated	$	5,002	$	4,822	$	1,081	$	629

	Net Sales				Operating Profit
	For the Nine Months Ended September 30,				For the Nine Months Ended September 30,
(dollars in millions)	2020		2019		2020		2019
HVAC	$	7,142	$	7,505	$	1,364	$	1,242
Refrigeration	2,384		2,839		263		373
Fire & Security	3,587		4,078		426		521
Total segment	13,113		14,422		2,053		2,136
Eliminations and other	(251)		(315)		(122)		(95)
General corporate expenses	—		—		(93)		(107)
Consolidated	$	12,862	$	14,107	$	1,838	$	1,934

Revenue from External Customers by Geographic Areas

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
(dollars in millions)	2020		2019		2020		2019
United States Operations	$	2,780	$	2,541	$	6,983	$	7,473
International Operations
Europe	1,307		1,313		3,455		3,906
Asia Pacific	715		729		1,879		2,079
Other	200		239		545		649
Consolidated	$	5,002	$	4,822	$	12,862	$	14,107

Revenue from External Customers by Products and Services

Segment sales disaggregated by product and service are as follows:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
(dollars in millions)	2020		2019		2020		2019
Sales Type
Product	$	2,547	$	2,224	$	6,180	$	6,455
Service	345		378		962		1,050
HVAC sales	2,892		2,602		7,142		7,505
Product	771		823		2,093		2,551
Service	105		99		291		288
Refrigeration sales	876		922		2,384		2,839
Product	965		1,055		2,587		3,011
Service	359		347		1,000		1,067
Fire & Security sales	1,324		1,402		3,587		4,078
Total segment sales	5,092		4,926		13,113		14,422
Eliminations and other	(90)		(104)		(251)		(315)
Consolidated	$	5,002	$	4,822	$	12,862	$	14,107