SEGMENT FINANCIAL DATA (Tables)

6 Months Ended

Jun. 30, 2016

Segment Financial Data [Abstract]

Segment Financial Data

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2016		2015		2016		2015
Net Sales
Aerospace
Products	$	2,556	$	2,623	$	5,046	$	5,086
Services		1,223		1,204		2,438		2,348
Total		3,779		3,827		7,484		7,434
Automation and Control Solutions
Products		3,574		3,243		6,960		6,222
Services		312		310		603		595
Total		3,886		3,553		7,563		6,817
Performance Materials and Technologies
Products		1,905		1,932		3,648		3,854
Services		421		463		818		883
Total		2,326		2,395		4,466		4,737
	$	9,991	$	9,775	$	19,513	$	18,988
Segment Profit
Aerospace	$	791	$	777	$	1,589	$	1,529
Automation and Control Solutions		615		567		1,145		1,083
Performance Materials and Technologies		490		509		931		1,012
Corporate		(49)		(50)		(98)		(100)
Total segment profit		1,847		1,803		3,567		3,524
Other income (expense)(a)		(7)		12		5		24
Interest and other financial charges		(85)		(77)		(170)		(154)
Stock compensation expense(b)		(43)		(39)		(96)		(91)
Pension ongoing income(b)		151		103		301		203
Other postretirement income (expense)(b)		8		(11)		17		(20)
Repositioning and other charges (b)		(116)		(129)		(241)		(260)
Income before taxes	$	1,755	$	1,662	$	3,383	$	3,226
(a) Equity income (loss) of affiliated companies is included in segment profit.
(b) Amounts included in cost of products and services sold and selling, general and administrative expenses.