SEGMENT FINANCIAL DATA (Tables)

12 Months Ended

Dec. 31, 2013

		Years Ended December 31,
Net Sales		2013		2012		2011
Aerospace
Product	$	7,043	$	6,999	$	6,494
Service		4,937		5,041		4,981
Total		11,980		12,040		11,475
Automation and Control Solutions
Product		14,193		13,610		13,328
Service		2,363		2,270		2,207
Total		16,556		15,880		15,535
Performance Materials and Technologies
Product		6,223		5,642		5,064
Service		541		542		595
Total		6,764		6,184		5,659
Transportation Systems
Product		3,755		3,561		3,859
Service		-		-		-
Total		3,755		3,561		3,859
Corporate
Product		-		-		-
Service		-		-		1
Total		-		-		1
	$	39,055	$	37,665	$	36,529
Depreciation and amortization
Aerospace	$	200	$	211	$	208
Automation and Control Solutions		350		352		364
Performance Materials and Technologies		288		215		216
Transportation Systems		90		85		96
Corporate		61		63		64
	$	989	$	926	$	948
Segment Profit
Aerospace	$	2,372	$	2,279	$	2,023
Automation and Control Solutions		2,437		2,232		2,083
Performance Materials and Technologies		1,271		1,154		1,042
Transportation Systems		498		432		485
Corporate		(227)		(218)		(276)
	$	6,351	$	5,879	$	5,357
Capital expenditures
Aerospace	$	205	$	191	$	174
Automation and Control Solutions		151		143		153
Performance Materials and Technologies		429		328		282
Transportation Systems		105		129		133
Corporate		57		93		48
	$	947	$	884	$	790
		December 31,
Total Assets		2013		2012		2011
Aerospace	$	9,160	$	8,977	$	9,109
Automation and Control Solutions		20,382		18,754		19,127
Performance Materials and Technologies		6,827		6,396		5,402
Transportation Systems		2,219		2,047		1,991
Corporate		6,847		5,679		4,179
	$	45,435	$	41,853	$	39,808

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,
		2013		2012		2011

Segment Profit	$	6,351	$	5,879	$	5,357
Other income (expense)⁽¹⁾		202		25		33
Interest and other financial charges		(327)		(351)		(376)
Stock compensation expense⁽²⁾		(170)		(170)		(168)
Pension ongoing income (expense)⁽²⁾		90		(36)		(105)
Pension mark-to-market expense⁽²⁾		(51)		(957)		(1,802)
Other postretirement income (expense)⁽²⁾		(20)		(72)		86
Repositioning and other charges ⁽²⁾		(663)		(443)		(743)
Income from continuing operations before taxes	$	5,412	$	3,875	$	2,282

(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.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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