SEGMENT FINANCIAL DATA (Tables)

12 Months Ended

Dec. 31, 2011

Segment Financial Data [Abstract]

Segment Financial Data

		Years Ended December 31,
Net Sales		2011		2010		2009
Aerospace
Product	$	6,494	$	5,868	$	5,930
Service		4,981		4,815		4,833
Total		11,475		10,683		10,763
Automation and Control Solutions
Product		13,328		11,733		10,699
Service		2,207		2,016		1,912
Total		15,535		13,749		12,611
Performance Materials and Technologies
Product		5,064		4,449		3,895
Service		595		277		249
Total		5,659		4,726		4,144
Transportation Systems
Product		3,859		3,192		2,432
Service		-		-		-
Total		3,859		3,192		2,432
Corporate
Product		-		-		-
Service		1		-		1
Total		1		-		1
	$	36,529	$	32,350	$	29,951
Depreciation and amortization
Aerospace	$	208	$	224	$	217
Automation and Control Solutions		364		368		352
Performance Materials and Technologies		216		222		209
Transportation Systems		96		97		98
Corporate		64		59		60
	$	948	$	970	$	936
Segment Profit
Aerospace	$	2,023	$	1,835	$	1,893
Automation and Control Solutions		2,083		1,770		1,588
Performance Materials and Technologies		1,042		749		605
Transportation Systems		485		353		61
Corporate		(276)		(222)		(156)
	$	5,357	$	4,485	$	3,991
Capital expenditures
Aerospace	$	174	$	158	$	184
Automation and Control Solutions		153		131		114
Performance Materials and Technologies		282		188		153
Transportation Systems		133		78		66
Corporate		48		89		88
	$	790	$	644	$	605
		December 31,
Total Assets		2011		2010		2009
Aerospace	$	9,109	$	8,604	$	8,386
Automation and Control Solutions		19,127		18,183		15,474
Performance Materials and Technologies		5,402		4,938		4,657
Transportation Systems		1,991		1,806		1,680
Corporate		4,179		4,303		5,796
	$	39,808	$	37,834	$	35,993

Reconciliation of Operating Profit Loss From Segments to Consolidated

A reconciliation of segment profit to consolidated income from continuing operations before taxes are as follows:
		Years Ended December 31,
		2011		2010		2009
Segment Profit	$	5,357	$	4,485	$	3,991
Other income/ (expense)(1)		33		69		28
Interest and other financial charges		(376)		(386)		(458)
Stock compensation expense(2)		(168)		(163)		(117)
Pension expense-ongoing(2)		(105)		(185)		(287)
Pension mark-to-market adjustment(2)		(1,802)		(471)		(741)
Other postretirement income/(expense)(2)		86		(29)		15
Repositioning and other charges (2)		(743)		(598)		(467)
Income from continuing operations before taxes	$	2,282	$	2,722	$	1,964
(1) Equity income/(loss) of affiliated companies is included in Segment Profit.
(2) Amounts included in cost of products and services sold and selling, general and administrative expenses.