SEGMENT FINANCIAL DATA (Tables)

12 Months Ended

Dec. 31, 2014

		Years Ended December 31,
Net Sales		2014		2013		2012
Aerospace
Product	$	10,773	$	10,798	$	10,560
Service		4,825		4,937		5,041
Total		15,598		15,735		15,601
Automation and Control Solutions
Product		13,219		12,253		11,581
Service		1,268		1,212		1,206
Total		14,487		13,465		12,787
Performance Materials and Technologies
Product		8,406		8,163		7,671
Service		1,815		1,692		1,606
Total		10,221		9,855		9,277
	$	40,306	$	39,055	$	37,665

Depreciation and amortization
Aerospace	$	277	$	290	$	296
Automation and Control Solutions		306		302		302
Performance Materials and Technologies		284		336		265
Corporate		57		61		63
	$	924	$	989	$	926
Segment Profit
Aerospace	$	2,915	$	2,870	$	2,711
Automation and Control Solutions		2,200		1,983		1,836
Performance Materials and Technologies		1,817		1,725		1,550
Corporate		(236)		(227)		(218)
	$	6,696	$	6,351	$	5,879
Capital expenditures
Aerospace	$	315	$	310	$	320
Automation and Control Solutions		145		132		114
Performance Materials and Technologies		537		448		357
Corporate		97		57		93
	$	1,094	$	947	$	884
		December 31,
Total Assets		2014		2013		2012
Aerospace	$	11,151	$	11,379	$	11,024
Automation and Control Solutions		17,191		17,675		15,996
Performance Materials and Technologies		9,699		9,534		9,154
Corporate		7,410		6,847		5,679
	$	45,451	$	45,435	$	41,853

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,
		2014		2013		2012

Segment Profit	$	6,696	$	6,351	$	5,879
Other income (expense)⁽¹⁾		269		202		25
Interest and other financial charges		(318)		(327)		(351)
Stock compensation expense⁽²⁾		(187)		(170)		(170)
Pension ongoing income (expense)⁽²⁾		254		90		(36)
Pension mark-to-market expense⁽²⁾		(249)		(51)		(957)
Other postretirement income (expense)⁽²⁾		(49)		(20)		(72)
Repositioning and other charges ⁽²⁾		(598)		(663)		(443)
Income from continuing operations before taxes	$	5,818	$	5,412	$	3,875

(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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