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REPOSITIONING AND OTHER CHARGES (Tables)

6 Months Ended

Jun. 30, 2021

Restructuring and Related Activities [Abstract]

Repositioning and other charges

A summary of repositioning and other charges follows:

			Three Months Ended June 30,												Six Months Ended June 30,
			2021						2020						2021						2020
Severance			$	32					$	254					$	60					$	320
Asset impairments			45						4						87						6
Exit costs			15						15						64						30
Reserve adjustments			(22)						(18)						(21)						(31)
Total net repositioning charge			70						255						190						325
Asbestos related litigation charges, net of insurance and reimbursements			23						9						44						20
Probable and reasonably estimable environmental liabilities, net of reimbursements			6						6						11						14
Other			2						10						(3)						(17)
Total net repositioning and other charges			$	101					$	280					$	242					$	342

Pretax distribution of total net repositioning and other charges by income statement classification

The following table summarizes the pretax distribution of total net repositioning and other charges by classification:

			Three Months Ended June 30,												Six Months Ended June 30,
			2021						2020						2021						2020
Cost of products and services sold			$	87					$	175					$	185					$	195
Selling, general and administrative expenses			14						105						57						147
			$	101					$	280					$	242					$	342

Pretax Impact of Total Net Repositioning and Other Charges by Segment

The following table summarizes the pretax impact of total net repositioning and other charges by segment:

			Three Months Ended June 30,												Six Months Ended June 30,
			2021						2020						2021						2020
Aerospace			$	9					$	107					$	57					$	118
Honeywell Building Technologies			(1)						33						4						58
Performance Materials and Technologies			2						84						7						105
Safety and Productivity Solutions			59						11						96						17
Corporate			32						45						78						44
			$	101					$	280					$	242					$	342

Total Repositioning Reserves

The following table summarizes the status of the Company's total repositioning reserves:

			Severance Costs						Asset Impairments						Exit Costs						Total
Balance at December 31, 2020			$	527					$	—					$	74					$	601
Charges			60						87						64						211
Usage - cash			(162)						—						(40)						(202)
Usage - noncash			—						(89)						—						(89)
Foreign currency translation			(1)						—						(2)						(3)
Adjustments			(19)						2						(4)						(21)
Balance at June 30, 2021			$	405					$	—					$	92					$	497

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- Definition

The tabular disclosure of Pretax distribution of total net repositioning and other charges by income statement classification

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
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Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

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