NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Sikorsky products include military and commercial helicopters, aftermarket helicopter and aircraft parts and services. UTC Fire & Security products include fire and special hazard and suppression systems and firefighting equipment, security, monitoring and rapid response systems and service and security personnel for a diversified international customer base principally in the industrial, commercial and residential property sectors. On September 28, 2011, we announced a new organizational structure to better serve customers and drive growth and achieve greater efficiencies through greater integration across certain product lines. This new structure combines Carrier and UTC Fire & Security into a new segment called UTC Climate, Controls & Security. Beginning with the first quarter of 2012, Carrier and UTC Fire & Security will report combined financial and operational results as part of this new segment. As part of this new organizational structure, we also created UTC Propulsion & Aerospace Systems, a new organization consisting of Pratt & Whitney and Hamilton Sundstrand. Pratt & Whitney and Hamilton Sundstrand will continue to report their financial and operational results as separate segments, which is consistent with how we will allocate resources and measure the financial performance of these businesses. We have reported our financial and operational results for the periods presented herein under the six principal segments noted above, consistent with how we have reviewed our business operations for decision-making purposes, resource allocation and performance assessment during 2011. Pratt & Whitney products include commercial, military, business jet and general aviation aircraft engines, parts and services, industrial gas turbines, geothermal power systems and space propulsion sold to a diversified customer base, including international and domestic commercial airlines and aircraft leasing companies, aircraft manufacturers, and U.S. and foreign governments. Pratt & Whitney also provides product support and a full range of overhaul, repair and fleet management services and produces land-based power generation equipment. Hamilton Sundstrand provides aerospace and industrial products and aftermarket services for diversified industries worldwide. Aerospace products include power generation, management and distribution systems, flight systems, engine control systems, environmental control systems, fire protection and detection systems, auxiliary power units and propeller systems. Industrial products include air compressors, metering pumps and heavy duty process pumps. Segment Information. Total sales by segment include intersegment sales, which are generally made at prices approximating those that the selling entity is able to obtain on external sales. Segment information for the years ended December 31 is as follows: NET SALES OPERATING PROFITS (Dollars in millions) 2011 2010 2009 2011 2010 2009 Otis $12,437 $ 11,579 $ 11,723 $2,815 $2,575 $2,447 Carrier 11,969 11,386 11,335 1,520 1,062 740 UTC Fire & Security 6,895 6,490 5,503 692 714 493 Pratt & Whitney 13,430 12,935 12,392 1,999 1,987 1,835 Hamilton Sundstrand 6,150 5,608 5,560 1,082 918 857 Sikorsky 7,355 6,684 6,287 840 716 608 Total segment 58,236 54,682 52,800 8,948 7,972 6,980 Eliminations and other (46) (356) (375) (430) (409) (255) General corporate expenses — — — (419) (377) (348) Consolidated $58,190 $54,326 $52,425 $8,099 $ 7,186 $ 6,377 TOTAL ASSETS CAPITAL EXPENDITURES DEPRECIATION & AMORTIZATION (Dollars in millions) 2011 2010 2009 2011 2010 2009 2011 2010 2009 Otis $8 , 7 1 $ 8,097 $ 7,908 $7 5 $5 5 $6 7 $ 223 $ 211 $ 204 Carrier 9,432 9,472 9,804 189 138 90 164 183 191 UTC Fire & Security 12,198 12,365 10,304 116 96 72 268 274 214 Pratt & Whitney 10,705 10,139 10,063 290 321 288 332 340 329 Hamilton Sundstrand 8,593 8,540 8,509 163 117 114 172 172 174 Sikorsky 4,628 4,521 4,167 92 108 95 84 83 68 Total segment 54,273 53,134 50,755 925 835 726 1,243 1,263 1,180 Eliminations and other 7,179 5,359 5,007 58 30 100 104 93 78 Consolidated $61,452 $58,493 $55,762 $983 $865 $826 $1,347 $1,356 $1,258 2011 ANNUAL REPORT 87