XML 117 R52.htm IDEA: XBRL DOCUMENT
v3.22.4

SEGMENT FINANCIAL DATA (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Segment Reporting [Abstract] |
Segment Financial Data |
| Years Ended December 31,
2022 | 2021 | 2020
Net sales |  |  |  |  |  |
Aerospace |  |  |  |  |  |
Products |  | $ | 6,330 |  |  | $ | 6,158 |  |  | $ | 7,194 |
Services |  | 5,497 |  |  | 4,868 |  |  | 4,350 |
Total |  | 11,827 |  |  | 11,026 |  |  | 11,544 |
Honeywell Building Technologies |  |  |  |  |  |
Products |  | 4,591 |  |  | 4,098 |  |  | 3,868 |
Services |  | 1,409 |  |  | 1,441 |  |  | 1,321 |
Total |  | 6,000 |  |  | 5,539 |  |  | 5,189 |
Performance Materials and Technologies |  |  |  |  |  |
Products |  | 8,593 |  |  | 8,008 |  |  | 7,548 |
Services |  | 2,134 |  |  | 2,005 |  |  | 1,875 |
Total |  | 10,727 |  |  | 10,013 |  |  | 9,423 |
Safety and Productivity Solutions |  |  |  |  |  |
Products |  | 6,446 |  |  | 7,379 |  |  | 6,127 |
Services |  | 461 |  |  | 435 |  |  | 354 |
Total |  | 6,907 |  |  | 7,814 |  |  | 6,481 |
Corporate and All Other |  |  |  |  |  |
Services |  | 5 |  |  | — |  |  | — |
Total |  | 5 |  |  | — |  |  | — |
|  | $ | 35,466 |  |  | $ | 34,392 |  |  | $ | 32,637 |
Depreciation and amortization |  |  |  |  |  |
Aerospace |  | $ | 285 |  |  | $ | 278 |  |  | $ | 241 |
Honeywell Building Technologies |  | 92 |  |  | 67 |  |  | 55 |
Performance Materials and Technologies |  | 478 |  |  | 454 |  |  | 440 |
Safety and Productivity Solutions |  | 191 |  |  | 237 |  |  | 223 |
Corporate and All Other |  | 158 |  |  | 102 |  |  | 44 |
|  | $ | 1,204 |  |  | $ | 1,138 |  |  | $ | 1,003 |
Segment profit |  |  |  |  |  |
Aerospace |  | $ | 3,228 |  |  | $ | 3,051 |  |  | $ | 2,904 |
Honeywell Building Technologies |  | 1,439 |  |  | 1,238 |  |  | 1,099 |
Performance Materials and Technologies |  | 2,354 |  |  | 2,120 |  |  | 1,851 |
Safety and Productivity Solutions |  | 1,080 |  |  | 1,029 |  |  | 907 |
Corporate and All Other |  | (412) |  |  | (226) |  |  | (96) |
|  | $ | 7,689 |  |  | $ | 7,212 |  |  | $ | 6,665 |
| Years Ended December 31,
2022 | 2021 | 2020
Capital expenditures |  |  |  |  |  |
Aerospace |  | $ | 246 |  |  | $ | 284 |  |  | $ | 248 |
Honeywell Building Technologies |  | 74 |  |  | 62 |  |  | 66 |
Performance Materials and Technologies |  | 318 |  |  | 265 |  |  | 252 |
Safety and Productivity Solutions |  | 50 |  |  | 190 |  |  | 288 |
Corporate and All Other |  | 78 |  |  | 94 |  |  | 52 |
|  | $ | 766 |  |  | $ | 895 |  |  | $ | 906 |
Total assets |  |  |  |  |  |
Aerospace |  | $ | 12,189 |  |  | $ | 11,490 |  |  | $ | 11,035 |
Honeywell Building Technologies |  | 6,599 |  |  | 6,543 |  |  | 6,351 |
Performance Materials and Technologies |  | 17,887 |  |  | 18,021 |  |  | 16,772 |
Safety and Productivity Solutions |  | 10,892 |  |  | 11,242 |  |  | 10,640 |
Corporate and All Other |  | 14,708 |  |  | 17,174 |  |  | 19,788 |
|  | $ | 62,275 |  |  | $ | 64,470 |  |  | $ | 64,586 |
Reconciliation of Operating Profit Loss From Segments to Consolidated | A reconciliation of segment profit to consolidated income before taxes are as follows:
| Years Ended December 31,
2022 | 2021 | 2020
Segment profit |  | $ | 7,689 |  |  | $ | 7,212 |  |  | $ | 6,665 |
Interest and other financial charges |  | (414) |  |  | (343) |  |  | (359) |
Stock compensation expense(1) |  | (188) |  |  | (217) |  |  | (168) |
Pension ongoing income (expense)(2) |  | 993 |  |  | 1,083 |  |  | 785 |
Pension mark-to-market expense |  | (523) |  |  | (40) |  |  | (44) |
Other postretirement income(2) |  | 41 |  |  | 71 |  |  | 57 |
Repositioning and other charges(3) |  | (1,266) |  |  | (569) |  |  | (575) |
Other(4) |  | 47 |  |  | 38 |  |  | (349) |
Income before taxes |  | $ | 6,379 |  |  | $ | 7,235 |  |  | $ | 6,012 |
(1)Amounts included in Selling, general and administrative expenses. (2)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). (3)Amounts included in Cost of products and services sold, Selling, general and administrative expenses, and Other (income) expense. (4)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
- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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