2010 Q4 Form 10-K Financial Statement

#000119312512047752 Filed on February 09, 2012

View on sec.gov

Income Statement

Concept 2010 Q4 2010 Q3 2010 Q2
Revenue $14.86B $13.53B $13.89B
YoY Change 6.33% 1.14% 5.26%
Cost Of Revenue $9.540B $2.543B $2.549B
YoY Change -7.53% 2.42% 2.37%
Gross Profit $3.864B $3.953B $3.787B
YoY Change 5.52% 17.96% 9.48%
Gross Profit Margin 26.0% 29.22% 27.26%
Selling, General & Admin $1.405B $1.478B $1.491B
YoY Change -9.65% 3.79% -5.27%
% of Gross Profit 36.36% 37.39% 39.37%
Research & Development $367.0M $433.0M $459.0M
YoY Change -12.83% 25.87% 19.53%
% of Gross Profit 9.5% 10.95% 12.12%
Depreciation & Amortization $292.0M $342.0M $339.0M
YoY Change -12.31% 8.23% 11.88%
% of Gross Profit 7.56% 8.65% 8.95%
Operating Expenses $1.708B $1.911B $1.950B
YoY Change -9.05% 8.09% -0.41%
Operating Profit $2.156B $1.928B $1.882B
YoY Change 20.85% 8.87% 14.97%
Interest Expense -$169.0M $182.0M $192.0M
YoY Change 5.63% 7.06% 8.47%
% of Operating Profit -7.84% 9.44% 10.2%
Other Income/Expense, Net
YoY Change
Pretax Income $1.396B $1.767B $1.733B
YoY Change -14.04% 10.37% 18.7%
Income Tax $331.0M $468.0M $521.0M
% Of Pretax Income 23.71% 26.49% 30.06%
Net Earnings $1.199B $1.198B $1.110B
YoY Change 11.74% 13.23% 13.73%
Net Earnings / Revenue 8.07% 8.86% 7.99%
Basic Earnings Per Share $1.33 $1.32 $1.22
Diluted Earnings Per Share $1.31 $1.30 $1.20
COMMON SHARES
Basic Shares Outstanding 905.6M shares 910.4M shares
Diluted Shares Outstanding 919.5M shares 925.4M shares

Balance Sheet

Concept 2010 Q4 2010 Q3 2010 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.083B $5.731B $4.997B
YoY Change -8.23% 23.73% 24.43%
Cash & Equivalents $4.083B $5.731B $4.997B
Short-Term Investments
Other Short-Term Assets $1.113B $842.0M $816.0M
YoY Change 3.25% -4.86% -15.53%
Inventory $7.766B $8.430B $8.083B
Prepaid Expenses
Receivables $8.925B $8.731B $8.881B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $23.51B $25.34B $24.40B
YoY Change 1.36% 6.78% 3.24%
LONG-TERM ASSETS
Property, Plant & Equipment $6.280B $6.148B $6.090B
YoY Change -1.32% -2.07% -1.44%
Goodwill $17.72B $17.42B $16.91B
YoY Change 8.73% 7.52% 7.36%
Intangibles $4.060B $4.070B $3.899B
YoY Change 14.75% 14.78% 12.82%
Long-Term Investments $248.0M $1.098B $1.103B
YoY Change -76.31% 4.67% 7.19%
Other Assets $3.834B $4.266B $3.899B
YoY Change 19.11% 21.78% 28.26%
Total Long-Term Assets $34.98B $35.31B $33.94B
YoY Change 7.42% 4.33% 3.14%
TOTAL ASSETS
Total Short-Term Assets $23.51B $25.34B $24.40B
Total Long-Term Assets $34.98B $35.31B $33.94B
Total Assets $58.49B $60.65B $58.34B
YoY Change 4.9% 5.34% 3.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.206B $4.964B $5.057B
YoY Change 12.34% 12.05% 9.96%
Accrued Expenses $12.25B $12.43B $11.68B
YoY Change 3.86% 2.97% -1.67%
Deferred Revenue
YoY Change
Short-Term Debt $116.0M $2.137B $1.422B
YoY Change -54.33% 126.62% 14.49%
Long-Term Debt Due $163.0M $94.00M $604.0M
YoY Change -86.78% -87.63% -29.19%
Total Short-Term Liabilities $17.73B $19.62B $18.76B
YoY Change -1.01% 7.8% 1.03%
LONG-TERM LIABILITIES
Long-Term Debt $10.01B $10.07B $10.04B
YoY Change 21.23% 15.37% 15.11%
Other Long-Term Liabilities $4.510B $4.460B $4.320B
YoY Change 11.25% 2.79% 1.46%
Total Long-Term Liabilities $4.510B $4.460B $4.320B
YoY Change 11.25% 2.79% 1.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.73B $19.62B $18.76B
Total Long-Term Liabilities $4.510B $4.460B $4.320B
Total Liabilities $35.84B $38.08B $37.12B
YoY Change 4.28% 0.39% -2.68%
SHAREHOLDERS EQUITY
Retained Earnings $30.19B $29.38B $28.57B
YoY Change 10.2% 9.53% 9.32%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $17.47B $16.92B $16.43B
YoY Change 13.37% 12.13% 12.07%
Treasury Stock Shares 472.0K shares
Shareholders Equity $21.39B $21.25B $19.93B
YoY Change
Total Liabilities & Shareholders Equity $58.49B $60.65B $58.34B
YoY Change 4.9% 5.34% 3.18%

Cashflow Statement

Concept 2010 Q4 2010 Q3 2010 Q2
OPERATING ACTIVITIES
Net Income $1.199B $1.198B $1.110B
YoY Change 11.74% 13.23% 13.73%
Depreciation, Depletion And Amortization $292.0M $342.0M $339.0M
YoY Change -12.31% 8.23% 11.88%
Cash From Operating Activities $1.676B $1.676B $1.400B
YoY Change 13.63% -9.55% -9.09%
INVESTING ACTIVITIES
Capital Expenditures -$359.0M -$177.0M -$155.0M
YoY Change 10.46% 9.94% -10.4%
Acquisitions
YoY Change
Other Investing Activities -$142.0M -$150.0M -$80.00M
YoY Change 195.83% 248.84% -39.85%
Cash From Investing Activities -$501.0M -$327.0M -$235.0M
YoY Change 34.32% 60.29% -23.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.845B -713.0M -913.0M
YoY Change 121.75% -36.51% 58.51%
NET CHANGE
Cash From Operating Activities 1.676B 1.676B 1.400B
Cash From Investing Activities -501.0M -327.0M -235.0M
Cash From Financing Activities -2.845B -713.0M -913.0M
Net Change In Cash -1.670B 636.0M 252.0M
YoY Change 822.65% 20.91% -61.7%
FREE CASH FLOW
Cash From Operating Activities $1.676B $1.676B $1.400B
Capital Expenditures -$359.0M -$177.0M -$155.0M
Free Cash Flow $2.035B $1.853B $1.555B
YoY Change 13.06% -7.99% -9.22%

Facts In Submission

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CY2011 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Period Increase Decrease
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630000000 USD
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CY2009 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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422000000 USD
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275000000 USD
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CY2010Q4 utx Percentage Of Inventory For Long Term Contracts Or Programs
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CY2011Q4 us-gaap Land
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CY2010Q4 us-gaap Machinery And Equipment Gross
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CY2011Q4 us-gaap Property Plant And Equipment Gross
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CY2010Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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9634000000 USD
CY2011 us-gaap Depreciation
Depreciation
890000000 USD
CY2010 us-gaap Depreciation
Depreciation
900000000 USD
CY2009 us-gaap Depreciation
Depreciation
852000000 USD
CY2011Q4 us-gaap Customer Advances Current
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5028000000 USD
CY2011Q4 us-gaap Employee Related Liabilities Current
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1910000000 USD
CY2011Q4 us-gaap Accrued Income Taxes Current
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547000000 USD
CY2011Q4 utx Accrued Property Sales And Use Taxes
AccruedPropertySalesAndUseTaxes
197000000 USD
CY2011Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
215000000 USD
CY2011Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2580000000 USD
CY2010Q4 us-gaap Customer Advances Current
CustomerAdvancesCurrent
5203000000 USD
CY2010Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1918000000 USD
CY2010Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
504000000 USD
CY2010Q4 utx Accrued Property Sales And Use Taxes
AccruedPropertySalesAndUseTaxes
209000000 USD
CY2010Q4 us-gaap Workers Compensation Liability Current
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210000000 USD
CY2010Q4 us-gaap Other Accrued Liabilities Current
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2525000000 USD
CY2011Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
702000000 USD
CY2010Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
449000000 USD
CY2011Q4 utx Litigation And Contract Matters Current
LitigationAndContractMattersCurrent
535000000 USD
CY2010Q4 utx Litigation And Contract Matters Current
LitigationAndContractMattersCurrent
577000000 USD
CY2011Q4 us-gaap Interest Payable Current
InterestPayableCurrent
325000000 USD
CY2010Q4 us-gaap Interest Payable Current
InterestPayableCurrent
294000000 USD
CY2011Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
248000000 USD
CY2010Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
358000000 USD
CY2011Q4 us-gaap Commercial Paper
CommercialPaper
455000000 USD
CY2010Q4 us-gaap Commercial Paper
CommercialPaper
0 USD
CY2011Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
175000000 USD
CY2010Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
116000000 USD
CY2011Q4 utx Aggregate Line Of Credit Facility Maximum Borrowing Capacity
AggregateLineOfCreditFacilityMaximumBorrowingCapacity
4000000000 USD
CY2011Q4 utx Short Term Line Of Credit Facilities Remaining Borrowing Capacities
ShortTermLineOfCreditFacilitiesRemainingBorrowingCapacities
1300000000 USD
CY2010Q4 utx Maximum Commercial Paper Borrowing Authority
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3000000000 USD
CY2011Q4 utx Maximum Commercial Paper Borrowing Authority
MaximumCommercialPaperBorrowingAuthority
4000000000 USD
CY2011Q4 utx Date Of Change In Commercial Paper Borrowing Authority
DateOfChangeInCommercialPaperBorrowingAuthority
November 2011
CY2010Q4 utx Aggregate Line Of Credit Facility Maximum Borrowing Capacity
AggregateLineOfCreditFacilityMaximumBorrowingCapacity
3000000 USD
CY2011Q4 utx Debt Percentage Bearing Variable Interest Rate
DebtPercentageBearingVariableInterestRate
0.07 pure
CY2011Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.015 pure
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
129000000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
20000000 USD
CY2010Q4 utx Debt Percentage Bearing Variable Interest Rate
DebtPercentageBearingVariableInterestRate
0.02 pure
CY2011Q4 us-gaap Other Loans Payable
OtherLoansPayable
127000000 USD
CY2011Q4 us-gaap Other Long Term Debt
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131000000 USD
CY2011Q4 us-gaap Long Term Debt
LongTermDebt
9630000000 USD
CY2010Q4 us-gaap Other Loans Payable
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141000000 USD
CY2010Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
160000000 USD
CY2010Q4 us-gaap Long Term Debt
LongTermDebt
10173000000 USD
CY2010Q4 us-gaap Short Term Debt Weighted Average Interest Rate
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0.063 pure
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
26000000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1221000000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
10000000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
8224000000 USD
CY2011 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Purchase Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesPurchaseOfInterestByParent
54000000 USD
CY2011 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
4928000000 USD
CY2010 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Purchase Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesPurchaseOfInterestByParent
12000000 USD
CY2010 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
4361000000 USD
CY2009 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Purchase Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesPurchaseOfInterestByParent
67000000 USD
CY2009 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
3762000000 USD
CY2011 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Sale Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesSaleOfInterestByParent
3000000 USD
CY2010 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Sale Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesSaleOfInterestByParent
0 USD
CY2009 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Sale Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesSaleOfInterestByParent
0 USD
CY2009 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
40000000 USD
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
428000000 USD
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
99000000 USD
CY2011 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1373000000 USD
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1900000000 USD
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
528000000 USD
CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
27000000 USD
CY2011 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2011 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
864000000 USD
CY2010 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
122000000 USD
CY2010 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
128000000 USD
CY2010 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1164000000 USD
CY2010 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1414000000 USD
CY2010 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
461000000 USD
CY2010 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2010 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-48000000 USD
CY2010 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
276000000 USD
CY2009 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
239000000 USD
CY2009 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
54000000 USD
CY2009 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
837000000 USD
CY2009 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1130000000 USD
CY2009 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
370000000 USD
CY2009 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
41000000 USD
CY2009 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
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CY2011Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
2579000000 USD
CY2011Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
723000000 USD
CY2011Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Other
DeferredTaxAssetsTaxCreditCarryforwardsOther
1247000000 USD
CY2011Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
977000000 USD
CY2011Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
4049000000 USD
CY2010Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
1986000000 USD
CY2010Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
729000000 USD
CY2010Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Other
DeferredTaxAssetsTaxCreditCarryforwardsOther
1371000000 USD
CY2010Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
911000000 USD
CY2010Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
3593000000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
667000000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
248000000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
915000000 USD
CY2010Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
647000000 USD
CY2010Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
190000000 USD
CY2010Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
837000000 USD
CY2011Q4 utx Deferred Tax Assets Other Liability Basis Differences
DeferredTaxAssetsOtherLiabilityBasisDifferences
1046000000 USD
CY2010Q4 utx Deferred Tax Assets Other Liability Basis Differences
DeferredTaxAssetsOtherLiabilityBasisDifferences
958000000 USD
CY2011Q4 utx Deferred Tax Assets Other Asset Basis Differences
DeferredTaxAssetsOtherAssetBasisDifferences
569000000 USD
CY2010Q4 utx Deferred Tax Assets Other Asset Basis Differences
DeferredTaxAssetsOtherAssetBasisDifferences
540000000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
4312000000 USD
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2655000000 USD
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
3883000000 USD
CY2009 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2584000000 USD
CY2009 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
3176000000 USD
CY2011 utx Significant Change In Amount Of Valuation Allowances Is Reasonably Possible In Next Fiscal Year Estimated Range Of Change Lower Bound
SignificantChangeInAmountOfValuationAllowancesIsReasonablyPossibleInNextFiscalYearEstimatedRangeOfChangeLowerBound
150000000 USD
CY2011 utx Significant Change In Amount Of Valuation Allowances Is Reasonably Possible In Next Fiscal Year Estimated Range Of Change Upper Bound
SignificantChangeInAmountOfValuationAllowancesIsReasonablyPossibleInNextFiscalYearEstimatedRangeOfChangeUpperBound
200000000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
3293000000 USD
CY2010 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.076 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
0 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.005 pure
CY2010 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.279 pure
CY2009 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2009 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.069 pure
CY2009 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
-0.007 pure
CY2009 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0 pure
CY2009 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.274 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.043 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.006 pure
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.293 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
-0.008 pure
CY2009 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
38000000 USD
CY2009 us-gaap Other Information Pertaining To Income Taxes
OtherInformationPertainingToIncomeTaxes
As a result of the global examination activity, we recognized approximately $18 million of associated pre-tax interest income adjustments during 2009.
CY2011 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
63000000 USD
CY2011 us-gaap Other Information Pertaining To Income Taxes
OtherInformationPertainingToIncomeTaxes
as well as a favorable tax impact of $17 million related to a U.K. tax rate reduction enacted in 2011
CY2011Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
946000000 USD
CY2011Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
1247000000 USD
CY2011Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
3202000000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
71000000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
71000000 USD
CY2011 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
24000000 USD
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
63000000 USD
CY2011 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
23000000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
165000000 USD
CY2010 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
115000000 USD
CY2010 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
80000000 USD
CY2010 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
81000000 USD
CY2010 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
16000000 USD
CY2010 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
27000000 USD
CY2010Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
144000000 USD
CY2009 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
90000000 USD
CY2009 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
174000000 USD
CY2009 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
20000000 USD
CY2009 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
224000000 USD
CY2009 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
21000000 USD
CY2009Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
142000000 USD
CY2008Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
773000000 USD
CY2009Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
793000000 USD
CY2010Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
891000000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
946000000 USD
CY2011Q4 utx Unrecognized Tax Benefits Timing Of Tax Return Inclusion Uncertainity
UnrecognizedTaxBenefitsTimingOfTaxReturnInclusionUncertainity
260000000 USD
CY2011Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Lower Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeLowerBound
160000000 USD
CY2011Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeUpperBound
260000000 USD
CY2009Q4 utx Unrecognized Tax Benefits Timing Of Tax Return Inclusion Uncertainity
UnrecognizedTaxBenefitsTimingOfTaxReturnInclusionUncertainity
57000000 USD
CY2011 utx Tax Benefits Claimed Related To1998 German Reorganization
TaxBenefitsClaimedRelatedTo1998GermanReorganization
198000000
CY2011 utx Tax Benefits Claimed Related To1998 German Reorganization
TaxBenefitsClaimedRelatedTo1998GermanReorganization
258000000 USD
CY2011 utx Significant Change In Recognized Non Cash Tax Gains Is Reasonably Possible In Next Fiscal Year Estimated Range Of Change Lower Bound
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225000000 USD
CY2011 utx Significant Change In Recognized Non Cash Tax Gains Is Reasonably Possible In Next Fiscal Year Estimated Range Of Change Upper Bound
SignificantChangeInRecognizedNonCashTaxGainsIsReasonablyPossibleInNextFiscalYearEstimatedRangeOfChangeUpperBound
350000000 USD
CY2011 utx Reduction In Tax Expense Refund Claim
ReductionInTaxExpenseRefundClaim
63000000 USD
CY2011 utx Reduction In Pretax Interest Income Refund Claim
ReductionInPretaxInterestIncomeRefundClaim
89000000 USD
CY2011 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
218000000 USD
CY2010 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
200000000 USD
CY2009 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
192000000 USD
CY2011Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares
33.6 shares
CY2011Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Suspense Shares
EmployeeStockOwnershipPlanESOPNumberOfSuspenseShares
18.8 shares
CY2011Q4 us-gaap Employee Stock Ownership Plan Esop Deferred Shares Fair Value
EmployeeStockOwnershipPlanESOPDeferredSharesFairValue
1400000000 USD
CY2009 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
49000000 USD
CY2011 utx Domestic Defined Benefit Plan Cash Contributions By Employer
DomesticDefinedBenefitPlanCashContributionsByEmployer
156000000 USD
CY2010 utx Domestic Defined Benefit Plan Cash Contributions By Employer
DomesticDefinedBenefitPlanCashContributionsByEmployer
1001000000 USD
CY2010 utx Foreign Defined Benefit Plan Cash Contributions By Employer
ForeignDefinedBenefitPlanCashContributionsByEmployer
298000000 USD
CY2011 utx Foreign Defined Benefit Plan Cash Contributions By Employer
ForeignDefinedBenefitPlanCashContributionsByEmployer
395000000 USD
CY2011Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
24091000000 USD
CY2011Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
23198000000 USD
CY2011Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
19949000000 USD
CY2010Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
21556000000 USD
CY2010Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
20562000000 USD
CY2010Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
18885000000 USD
CY2011Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
26000000000 USD
CY2010Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
23200000000 USD
CY2011Q4 utx Pecentage Of Interest Rate Sensitivity Of Pension Plan Liabilities Fixed Income Portfolio Designed To Hedge
PecentageOfInterestRateSensitivityOfPensionPlanLiabilitiesFixedIncomePortfolioDesignedToHedge
0.4 pure
CY2011Q4 utx Percentage Of Growth Seeking Assets In Companys Overall Investment Strategy
PercentageOfGrowthSeekingAssetsInCompanysOverallInvestmentStrategy
0.65 pure
CY2011Q4 utx Percentage Of Income Generating Assets In Companys Overall Investment Strategy
PercentageOfIncomeGeneratingAssetsInCompanysOverallInvestmentStrategy
0.35 pure
CY2011Q4 utx Percentage Of Enhanced Equity Assets In Global Equity Portfolio
PercentageOfEnhancedEquityAssetsInGlobalEquityPortfolio
0.09 pure
CY2011Q4 us-gaap Defined Benefit Plan Estimated Future Employer Contributions In Next Fiscal Year
DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear
100000000 USD
CY2010 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear
0.0900 pure
CY2010 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate
DefinedBenefitPlanUltimateHealthCareCostTrendRate
0.0500 pure
CY2010Q4 us-gaap Defined Benefit Plan Year That Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearThatRateReachesUltimateTrendRate
2019
CY2011 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear
0.0850 pure
CY2011 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate
DefinedBenefitPlanUltimateHealthCareCostTrendRate
0.0500 pure
CY2011Q4 us-gaap Defined Benefit Plan Year That Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearThatRateReachesUltimateTrendRate
2019
CY2011 utx Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
2000000 USD
CY2011 utx Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
40000000 USD
CY2011 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
2000000 USD
CY2011 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
47000000 USD
CY2011 utx Multiemployer Plans General Nature
MultiemployerPlansGeneralNature
We contribute to various domestic and foreign multiemployer defined benefit pension plans. The risks of participating in these multiemployer plans are different from single-employer plans in that assets contributed are pooled and may be used to provide benefits to employees of other participating employers. If a participating employer stops contributing to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers. Lastly, if we choose to stop participating in some of our multiemployer plans, we may be required to pay those plans a withdrawal liability based on the underfunded status of the plan.
CY2011 utx Multiemployer Plans Period Contributions
MultiemployerPlansPeriodContributions
94000000 USD
CY2010 utx Multiemployer Plans Period Contributions
MultiemployerPlansPeriodContributions
90000000 USD
CY2009 utx Multiemployer Plans Period Contributions
MultiemployerPlansPeriodContributions
97000000 USD
CY2011 utx Multiemployer Plans Period Contributions Other Than Pensions
MultiemployerPlansPeriodContributionsOtherThanPensions
10000000 USD
CY2010 utx Multiemployer Plans Period Contributions Other Than Pensions
MultiemployerPlansPeriodContributionsOtherThanPensions
10000000 USD
CY2009 utx Multiemployer Plans Period Contributions Other Than Pensions
MultiemployerPlansPeriodContributionsOtherThanPensions
11000000 USD
CY2010 utx Multiemployer Plans Period Contributions Significance Of Contributions
MultiemployerPlansPeriodContributionsSignificanceOfContributions
true
CY2009 utx Multiemployer Plans Period Contributions Significance Of Contributions
MultiemployerPlansPeriodContributionsSignificanceOfContributions
true
CY2009 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
153000000 USD
CY2010 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
47000000 USD
CY2010 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
386000000 USD
CY2009 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
342000000 USD
CY2011 utx Employee Service Share Based Compensation Cash Flow Tax Benefit Reported
EmployeeServiceShareBasedCompensationCashFlowTaxBenefitReported
81000000 USD
CY2010 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
154000000 USD
CY2011 utx Employee Service Share Based Compensation Tax Benefit Realized From Vesting Of Performance Share Units
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromVestingOfPerformanceShareUnits
19000000 USD
CY2010 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
139000000 USD
CY2009 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
95000000 USD
CY2010 utx Employee Service Share Based Compensation Tax Benefit Realized From Vesting Of Performance Share Units
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromVestingOfPerformanceShareUnits
20000000 USD
CY2010 utx Employee Service Share Based Compensation Cash Flow Tax Benefit Reported
EmployeeServiceShareBasedCompensationCashFlowTaxBenefitReported
94000000 USD
CY2009 utx Employee Service Share Based Compensation Cash Flow Tax Benefit Reported
EmployeeServiceShareBasedCompensationCashFlowTaxBenefitReported
50000000 USD
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
119000000 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
56000000 shares
CY2011 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
229000000 USD
CY2011 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
75000000 USD
CY2011 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
226000000 USD
CY2011 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
101000000 USD
CY2009 utx Employee Service Share Based Compensation Tax Benefit Realized From Vesting Of Performance Share Units
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromVestingOfPerformanceShareUnits
33000000 USD
CY2011Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
152000000 USD
CY2011 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition
1.9 pure
CY2011 utx Expected Range Of Shares Awarded Annually Under Long Term Incentive Plan
ExpectedRangeOfSharesAwardedAnnuallyUnderLongTermIncentivePlan
shares awarded on an annual basis will range from 1% to 1.5% of shares outstanding
CY2011 utx Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsVestedInPeriodTotalFairValue
170000000 USD
CY2010 utx Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsVestedInPeriodTotalFairValue
172000000 USD
CY2009 utx Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsVestedInPeriodTotalFairValue
235000000 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.26 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.32 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.26 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Term Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTermMinimum
7.5 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Term Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTermMaximum
8.0 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.02400 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.00100 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.03500 pure
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.24 pure
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.28 pure
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.25 pure
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Term Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTermMinimum
7.4 pure
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Term Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTermMaximum
7.9 pure
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.02700 pure
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.00100 pure
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.04000 pure
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.30 pure
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.42 pure
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.30 pure
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Term Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTermMinimum
7.4 pure
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Term Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTermMaximum
7.9 pure
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.02100 pure
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0 pure
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.02500 pure
CY2011 us-gaap Restructuring Charges
RestructuringCharges
336000000 USD
CY2011Q4 utx Four Quarter Rolling Average Of Notional Amount Of Foreign Exchange Contracts Hedging Foreign Currency Transactions
FourQuarterRollingAverageOfNotionalAmountOfForeignExchangeContractsHedgingForeignCurrencyTransactions
10400000000 USD
CY2010Q4 utx Four Quarter Rolling Average Of Notional Amount Of Foreign Exchange Contracts Hedging Foreign Currency Transactions
FourQuarterRollingAverageOfNotionalAmountOfForeignExchangeContractsHedgingForeignCurrencyTransactions
8500000000 USD
CY2011Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
114000000 USD
CY2010Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
133000000 USD
CY2011Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
165000000 USD
CY2010Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
53000000 USD
CY2011 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
-46000000 USD
CY2011 us-gaap Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet
96000000 USD
CY2010 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
72000000 USD
CY2010 us-gaap Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet
119000000 USD
CY2011Q4 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
31000000 USD
CY2011 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-39000000 USD
CY2010 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
153000000 USD
CY2010Q4 us-gaap Equity Method Investments
EquityMethodInvestments
248000000 USD
CY2011 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
66000000 USD
CY2010 utx Product Warranty Accrual Other
ProductWarrantyAccrualOther
3000000 USD
CY2011 us-gaap Financing Receivable Credit Quality Additional Information
FinancingReceivableCreditQualityAdditionalInformation
We determine credit ratings for each customer in the portfolio based upon public information and information obtained directly from our customers. We conduct a review of customer credit ratings, published historical credit default rates for different rating categories, and multiple third party aircraft value publications as a basis to validate the reasonableness of the allowance for losses on these balances quarterly or when events and circumstances warrant. The credit ratings listed below range from &#8220;A&#8221; which indicates an extremely strong capacity to meet financial obligations and the receivable is either collateralized or uncollateralized, to &#8220;D&#8221; which indicates that payment is in default and the receivable is uncollateralized.
CY2011 utx Financing Receivable Credit Quality Date Ratings Updated Range
FinancingReceivableCreditQualityDateRatingsUpdatedRange
quarterly or when events and circumstances warrant.
CY2010Q4 utx Guarantee Type Other Carrying Value
GuaranteeTypeOtherCarryingValue
139000000 USD
CY2009Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1072000000 USD
CY2011 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
475000000 USD
CY2010 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
440000000 USD
CY2011 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
440000000 USD
CY2010 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
379000000 USD
CY2011 utx Product Warranty Accrual Other
ProductWarrantyAccrualOther
297000000 USD
CY2011Q4 utx Guarantee Type Other Carrying Value
GuaranteeTypeOtherCarryingValue
138000000 USD
CY2011Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1468000000 USD
CY2010Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1136000000 USD
CY2011 us-gaap Collaborative Arrangement Nature And Purpose
CollaborativeArrangementNatureAndPurpose
In September 2011, Pratt & Whitney announced a new collaboration with JAEC and MTU to provide the PurePower PW1100G-JM engine for the Airbus A320neo program
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1883000000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
515000000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
404000000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
292000000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
184000000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
115000000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
373000000 USD
CY2011 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
453000000 USD
CY2010 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
445000000 USD
CY2009 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
463000000 USD
CY2011Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
617000000 USD
CY2009 utx United States Government Sales
UnitedStatesGovernmentSales
9278000000 USD
CY2009Q4 us-gaap Assets
Assets
55762000000 USD
CY2009Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6364000000 USD
CY2011 utx United States Export Sales
UnitedStatesExportSales
7957000000 USD
CY2010 utx United States Export Sales
UnitedStatesExportSales
7296000000 USD
CY2009 utx United States Export Sales
UnitedStatesExportSales
6996000000 USD
CY2011 utx United States Government Sales
UnitedStatesGovernmentSales
9831000000 USD
CY2010 utx United States Government Sales
UnitedStatesGovernmentSales
9900000000 USD
CY2011Q4 us-gaap Sales Revenue Net
SalesRevenueNet
14966000000 USD
CY2011Q4 us-gaap Gross Profit
GrossProfit
4115000000 USD
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
1325000000 USD
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.49
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.47
CY2011Q1 us-gaap Sales Revenue Net
SalesRevenueNet
13344000000 USD
CY2011Q1 us-gaap Gross Profit
GrossProfit
3703000000 USD
CY2011Q1 us-gaap Net Income Loss
NetIncomeLoss
1012000000 USD
CY2011Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.13
CY2011Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.11
CY2011Q2 us-gaap Sales Revenue Net
SalesRevenueNet
15076000000 USD
CY2011Q2 us-gaap Gross Profit
GrossProfit
4171000000 USD
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
1318000000 USD
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.48
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.45
CY2011Q3 us-gaap Sales Revenue Net
SalesRevenueNet
14804000000 USD
CY2011Q3 us-gaap Gross Profit
GrossProfit
4048000000 USD
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
1324000000 USD
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.49
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.47
CY2010Q1 us-gaap Sales Revenue Net
SalesRevenueNet
12040000000 USD
CY2010Q1 us-gaap Gross Profit
GrossProfit
3308000000 USD
CY2010Q1 us-gaap Net Income Loss
NetIncomeLoss
866000000 USD
CY2010Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
.95
CY2010Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
.93
CY2010Q2 us-gaap Sales Revenue Net
SalesRevenueNet
13802000000 USD
CY2010Q2 us-gaap Gross Profit
GrossProfit
3787000000 USD
CY2010Q2 us-gaap Net Income Loss
NetIncomeLoss
1110000000 USD
CY2010Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.22
CY2010Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
CY2010Q3 us-gaap Sales Revenue Net
SalesRevenueNet
13620000000 USD
CY2010Q3 us-gaap Gross Profit
GrossProfit
3953000000 USD
CY2010Q3 us-gaap Net Income Loss
NetIncomeLoss
1198000000 USD
CY2010Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.32
CY2010Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.30
CY2010Q4 us-gaap Sales Revenue Net
SalesRevenueNet
14864000000 USD
CY2010Q4 us-gaap Gross Profit
GrossProfit
3864000000 USD
CY2010Q4 us-gaap Net Income Loss
NetIncomeLoss
1199000000 USD
CY2010Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.33
CY2010Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.31
CY2011Q1 utx Common Stock Price High
CommonStockPriceHigh
85.46
CY2011Q2 utx Common Stock Price High
CommonStockPriceHigh
90.67
CY2011Q3 utx Common Stock Price High
CommonStockPriceHigh
91.83
CY2011Q4 utx Common Stock Price High
CommonStockPriceHigh
80.36
CY2010Q1 utx Common Stock Price High
CommonStockPriceHigh
74.85
CY2010Q2 utx Common Stock Price High
CommonStockPriceHigh
77.09
CY2010Q3 utx Common Stock Price High
CommonStockPriceHigh
73.81
CY2010Q4 utx Common Stock Price High
CommonStockPriceHigh
79.70
CY2011Q1 utx Common Stock Price Low
CommonStockPriceLow
77.05
CY2011Q2 utx Common Stock Price Low
CommonStockPriceLow
81.19
CY2011Q3 utx Common Stock Price Low
CommonStockPriceLow
67.12
CY2011Q4 utx Common Stock Price Low
CommonStockPriceLow
66.87
CY2010Q1 utx Common Stock Price Low
CommonStockPriceLow
65.01
CY2010Q2 utx Common Stock Price Low
CommonStockPriceLow
62.88
CY2010Q3 utx Common Stock Price Low
CommonStockPriceLow
63.62
CY2010Q4 utx Common Stock Price Low
CommonStockPriceLow
70.23
CY2011Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
.425
CY2011Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
.480
CY2011Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
.480
CY2011Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
.480
CY2010Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
.425
CY2010Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
.425
CY2010Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
.425
CY2010Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
.425
CY2012Q1 utx Registered Shareholders Total
RegisteredShareholdersTotal
23633 pure

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