United Technologies 2011 Annual Report Download - page 90

Download and view the complete annual report

Please find page 90 of the 2011 United Technologies annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 96

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Geographic External Sales and Operating Profit. Geographic external sales and operating profits are attributed to the
geographic regions based on their location of origin. U.S. external sales include export sales to commercial customers outside
the U.S. and sales to the U.S. government, commercial and affiliated customers, which are known to be for resale to customers
outside the U.S. Long-lived assets are net fixed assets attributed to the specific geographic regions.
EXTERNAL NET SALES OPERATING PROFITS LONG-LIVED ASSETS
(Dollars in millions) 2011 2010 2009 2011 2010 2009 2011 2010 2009
United States Operations $30,438 $ 28,911 $27,990 $4,586 $ 4,112 $ 3,771 $2,974 $ 3,013 $3,096
International Operations
Europe 12,601 11,957 12,216 2,136 1,872 1,743 1,210 1,282 1,346
Asia Pacific 9,394 7,986 7,173 1,513 1,229 990 883 839 845
Other 5,380 5,374 4,991 713 759 476 760 804 714
Eliminations and other 377 98 55 (849) (786) (603) 374 342 363
Consolidated $ 58,190 $54,326 $52,425 $8,099 $7,186 $6,377 $6,201 $6,280 $6,364
Sales from U.S. operations include export sales as follows:
(Dollars in millions) 2011 2010 2009
Europe $2,310 $ 1,918 $2,089
Asia Pacific 2,506 2,688 2,430
Other 3,141 2,690 2,477
$7,957 $7,296 $6,996
Major Customers. Net Sales include sales under prime contracts and subcontracts to the U.S. government, primarily related to
Pratt & Whitney, Hamilton Sundstrand and Sikorsky products, as follows:
(Dollars in millions) 2011 2010 2009
Pratt & Whitney $3,696 $ 4,081 $3,942
Hamilton Sundstrand 1,043 1,137 1,230
Sikorsky 4,967 4,529 3,979
Other 125 153 127
$ 9,831 $9,900 $9,278
88 UNITED TECHNOLOGIES CORPORATION