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REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS 3 (Details) $ in Millions | 6 Months Ended
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Jun. 30, 2020 USD ($)
Revenue, Performance Obligation [Abstract] |
Revenue Performance Obligation Description of Timing | Performance obligations recognized as of June 30, 2020 will be satisfied over the course of future periods. Our disclosure of the timing for satisfying the performance obligation is based on the requirements of contracts with customers. However, from time to time, these contracts may be subject to modifications, impacting the timing of satisfying the performance obligations. Performance obligations expected to be satisfied within one year and greater than one year are 56% and 44%, respectively.
Revenue Performance Obligation Description of Payment Terms | The timing of satisfaction of the Company's performance obligations does not significantly vary from the typical timing of payment. Typical payment terms of our fixed-price over time contracts include progress payments based on specified events or milestones, or based on project progress. For some contracts we may be entitled to receive an advance payment.
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] |
Performance obligation, amount | $ 25,719
Within One Year [Member] |
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] |
Performance obligation, percentage | 56.00%
Greater Than One Year [Member] |
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] |
Performance obligation, percentage | 44.00%
Aerospace |
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] |
Performance obligation, amount | $ 10,198
Honeywell Building Technologies |
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] |
Performance obligation, amount | 5,421
Performance Materials and Technologies |
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] |
Performance obligation, amount | 6,565
Safety and Productivity Solutions |
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] |
Performance obligation, amount | $ 3,535

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