SEGMENT FINANCIAL DATA (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Segment Financial Data

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Net sales
Aerospace Technologies
Products	$	2,127	$	1,799	$	4,152	$	3,471
Services	1,764		1,542		3,408		2,981
Net Aerospace Technologies sales	3,891		3,341		7,560		6,452
Industrial Automation
Products	1,777		2,061		3,577		4,220
Services	729		666		1,407		1,310
Net Industrial Automation sales	2,506		2,727		4,984		5,530
Building Automation
Products	1,154		1,159		2,211		2,291
Services	417		351		786		706
Net Building Automation sales	1,571		1,510		2,997		2,997
Energy and Sustainability Solutions
Products	1,419		1,422		2,800		2,769
Services	185		145		329		259
Net Energy and Sustainability Solutions sales	1,604		1,567		3,129		3,028
Corporate and All Other
Services	5		1		12		3
Net Corporate and All Other sales	5		1		12		3
Net sales	$	9,577	$	9,146	$	18,682	$	18,010
Segment profit
Aerospace Technologies	$	1,060	$	930	$	2,095	$	1,761
Industrial Automation	477		544		951		1,130
Building Automation	397		391		747		772
Energy and Sustainability Solutions	405		363		708		665
Corporate and All Other	(140)		(115)		(208)		(200)
Total segment profit	2,199		2,113		4,293		4,128
Interest and other financial charges	(250)		(187)		(470)		(357)
Interest income	110		76		215		152
Amortization of acquisition-related intangibles	(85)		(61)		(155)		(129)
Stock compensation expense1	(55)		(50)		(108)		(109)
Pension ongoing income2	140		130		285		260
Other postretirement income2	4		7		10		13
Repositioning and other charges3	(44)		(102)		(137)		(243)
Other expense4	(45)		(22)		(88)		(29)
Income before taxes	$	1,974	$	1,904	$	3,845	$	3,686

1	Amounts included in Selling, general and administrative expenses.
2	Amounts included in Cost of products and services sold (service cost component), Selling, general and administrative expenses (service cost component), Research and development expenses (service cost component), and Other (income) expense (non-service cost component).
3	Amounts included in Cost of products and services sold, Selling, general and administrative expenses, and Other (income) expense.
4	Amounts include the other components of Other (income) expense not included within other categories in this reconciliation. Equity income of affiliated companies is included in segment profit.