XML 98 R48.htm IDEA: XBRL DOCUMENT v3.24.2
REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS - Disaggregation (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Disaggregation of Revenue [Line Items]        
Net sales $ 9,577 $ 9,146 $ 18,682 $ 18,010
Net sales - percentage 100.00% 100.00% 100.00% 100.00%
Corporate and All Other        
Disaggregation of Revenue [Line Items]        
Net sales $ 5 $ 1 $ 12 $ 3
Product        
Disaggregation of Revenue [Line Items]        
Net sales $ 6,477 $ 6,441 $ 12,740 $ 12,751
Net sales - percentage 68.00% 70.00% 68.00% 71.00%
Product | Transferred point in time        
Disaggregation of Revenue [Line Items]        
Net sales - percentage 57.00% 58.00% 57.00% 58.00%
Product | Transferred over time        
Disaggregation of Revenue [Line Items]        
Net sales - percentage 11.00% 12.00% 11.00% 13.00%
Service        
Disaggregation of Revenue [Line Items]        
Net sales $ 3,100 $ 2,705 $ 5,942 $ 5,259
Net sales - percentage 32.00% 30.00% 32.00% 29.00%
Service | Corporate and All Other        
Disaggregation of Revenue [Line Items]        
Net sales $ 5 $ 1 $ 12 $ 3
Service | Transferred point in time        
Disaggregation of Revenue [Line Items]        
Net sales - percentage 5.00% 11.00% 5.00% 9.00%
Service | Transferred over time        
Disaggregation of Revenue [Line Items]        
Net sales - percentage 27.00% 19.00% 27.00% 20.00%
Aerospace Technologies | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales $ 3,891 $ 3,341 $ 7,560 $ 6,452
Aerospace Technologies | Commercial Aviation Original Equipment | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 668 607 1,342 1,148
Aerospace Technologies | Commercial Aviation Aftermarket | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 1,798 1,533 3,457 2,956
Aerospace Technologies | Defense and Space | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 1,425 1,201 2,761 2,348
Aerospace Technologies | Product | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 2,127 1,799 4,152 3,471
Aerospace Technologies | Service | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 1,764 1,542 3,408 2,981
Industrial Automation | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 2,506 2,727 4,984 5,530
Industrial Automation | Sensing and Safety Technologies | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 466 518 916 1,011
Industrial Automation | Productivity Solutions and Services | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 298 329 620 690
Industrial Automation | Process Solutions | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 1,509 1,482 3,005 2,967
Industrial Automation | Warehouse and Workflow Solutions | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 233 398 443 862
Industrial Automation | Product | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 1,777 2,061 3,577 4,220
Industrial Automation | Service | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 729 666 1,407 1,310
Building Automation | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 1,571 1,510 2,997 2,997
Building Automation | Products | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 908 918 1,721 1,826
Building Automation | Building Solutions | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 663 592 1,276 1,171
Building Automation | Product | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 1,154 1,159 2,211 2,291
Building Automation | Service | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 417 351 786 706
Energy and Sustainability Solutions | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 1,604 1,567 3,129 3,028
Energy and Sustainability Solutions | UOP | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 599 623 1,176 1,188
Energy and Sustainability Solutions | Advanced Materials | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 1,005 944 1,953 1,840
Energy and Sustainability Solutions | Product | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales 1,419 1,422 2,800 2,769
Energy and Sustainability Solutions | Service | Operating Segments        
Disaggregation of Revenue [Line Items]        
Net sales $ 185 $ 145 $ 329 $ 259