XML 70 R24.htm IDEA: XBRL DOCUMENT
v3.22.2.2

SEGMENT FINANCIAL DATA | 9 Months Ended
--- | ---
Sep. 30, 2022
Segment Reporting [Abstract] |
SEGMENT FINANCIAL DATA | SEGMENT FINANCIAL DATA Honeywell globally manages its business operations through four reportable business segments. Segment information is consistent with how management reviews the businesses, makes investing and resource allocation decisions and assesses operating performance. Honeywell’s senior management evaluates segment performance based on segment profit. Each segment’s profit is measured as segment income (loss) before taxes excluding general corporate unallocated expense, interest and other financial charges, stock compensation expense, pension and other postretirement income (expense), repositioning and other charges, and other items within Other (income) expense.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2022 | 2021 |  | 2022 | 2021
Net sales |  |  |  |  |  |  |  |  |
Aerospace |  |  |  |  |  |  |  |  |
Products |  | $ | 1,586 |  |  | $ | 1,461 |  |  |  | $ | 4,621 |  |  | $ | 4,547 |
Services |  | 1,390 |  |  | 1,271 |  |  |  | 4,002 |  |  | 3,583 |
Total |  | 2,976 |  |  | 2,732 |  |  |  | 8,623 |  |  | 8,130 |
Honeywell Building Technologies |  |  |  |  |  |  |  |  |
Products |  | 1,169 |  |  | 1,014 |  |  |  | 3,430 |  |  | 3,065 |
Services |  | 357 |  |  | 356 |  |  |  | 1,056 |  |  | 1,070 |
Total |  | 1,526 |  |  | 1,370 |  |  |  | 4,486 |  |  | 4,135 |
Performance Materials and Technologies |  |  |  |  |  |  |  |  |
Products |  | 2,228 |  |  | 2,007 |  |  |  | 6,394 |  |  | 5,931 |
Services |  | 492 |  |  | 503 |  |  |  | 1,473 |  |  | 1,477 |
Total |  | 2,720 |  |  | 2,510 |  |  |  | 7,867 |  |  | 7,408 |
Safety and Productivity Solutions |  |  |  |  |  |  |  |  |
Products |  | 1,605 |  |  | 1,751 |  |  |  | 4,959 |  |  | 5,738 |
Services |  | 122 |  |  | 110 |  |  |  | 341 |  |  | 324 |
Total |  | 1,727 |  |  | 1,861 |  |  |  | 5,300 |  |  | 6,062 |
Corporate and All Other |  |  |  |  |  |  |  |  |
Services |  | 2 |  |  | — |  |  |  | 4 |  |  | — |
Total |  | 2 |  |  | — |  |  |  | 4 |  |  | — |
|  | $ | 8,951 |  |  | $ | 8,473 |  |  |  | $ | 26,280 |  |  | $ | 25,735 |
Segment profit |  |  |  |  |  |  |  |  |
Aerospace |  | $ | 818 |  |  | $ | 740 |  |  |  | $ | 2,338 |  |  | $ | 2,212 |
Honeywell Building Technologies |  | 368 |  |  | 322 |  |  |  | 1,064 |  |  | 942 |
Performance Materials and Technologies |  | 615 |  |  | 558 |  |  |  | 1,726 |  |  | 1,522 |
Safety and Productivity Solutions |  | 271 |  |  | 245 |  |  |  | 755 |  |  | 840 |
Corporate and All Other |  | (120) |  |  | (72) |  |  |  | (298) |  |  | (155) |
Total segment profit |  | 1,952 |  |  | 1,793 |  |  |  | 5,585 |  |  | 5,361 |
Interest and other financial charges |  | (98) |  |  | (90) |  |  |  | (270) |  |  | (263) |
Stock compensation expense(a) |  | (50) |  |  | (56) |  |  |  | (163) |  |  | (172) |
Pension ongoing income(b) |  | 247 |  |  | 261 |  |  |  | 748 |  |  | 809 |
Other postretirement income(b) |  | 10 |  |  | 18 |  |  |  | 30 |  |  | 53 |
Repositioning and other charges(c) |  | (100) |  |  | (96) |  |  |  | (714) |  |  | (338) |
Other(d) |  | 20 |  |  | (130) |  |  |  | (26) |  |  | (8) |
Income before taxes |  | $ | 1,981 |  |  | $ | 1,700 |  |  |  | $ | 5,190 |  |  | $ | 5,442 |
(a) | Amounts included in Selling, general and administrative expenses. |  |  |  |  |
(b) | Amounts included in Cost of products and services sold, Selling, general and administrative expenses (service cost component) and Other (income) expense (non-service cost component). |  |  |  |  |
(c) | Amounts included in Cost of products and services sold, Selling, general and administrative expenses, and Other (income) expense. |  |  |  |  |
(d) | Amounts include the other components of Other (income) expense not included within other categories in this reconciliation. Equity income of affiliated companies is included in segment profit. |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration