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SEGMENT FINANCIAL DATA
 9 Months Ended
Sep. 30, 2023
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.
In October 2023, the Company announced a realignment, expected to be effective in the first quarter of 2024, of its business units comprising its Performance Materials and Technologies and Safety and Productivity Solutions reportable business segments by forming two new reportable business segments: Industrial Automation and Energy and Sustainability Solutions. Industrial Automation will include Sensing and Safety Technologies, Productivity Solutions and Services, and Warehouse and Workflow Solutions, which are currently included in Safety and Productivity Solutions, in addition to Process Solutions, which is currently included in Performance Materials and Technologies. Energy and Sustainability Solutions will include UOP and Advanced Materials, which are currently included in Performance Materials and Technologies. Further, as part of the realignment, the Company will rename its Aerospace and Honeywell Building Technologies reportable business segments to Aerospace Technologies and Building Automation, respectively. Following the realignment, the Company’s reportable business segments will be Aerospace Technologies, Industrial Automation, Building Automation, and Energy and Sustainability Solutions. The realignment will not impact the Company’s historical consolidated financial position, results of operations, or cash flows. The Company expects to report its financial performance based on this realignment effective with the first quarter of 2024.
 Three Months Ended September 30,Nine Months Ended September 30,
 2023202220232022
Net sales    
Aerospace    
Products$1,824 $1,586 $5,294 $4,621 
Services1,675 1,390 4,657 4,002 
Net Aerospace sales3,499 2,976 9,951 8,623 
Honeywell Building Technologies
Products1,172 1,169 3,463 3,430 
Services358 357 1,064 1,056 
Net Honeywell Building Technologies sales1,530 1,526 4,527 4,486 
Performance Materials and Technologies
Products2,183 2,228 6,609 6,394 
Services684 492 1,868 1,473 
Net Performance Materials and Technologies sales2,867 2,720 8,477 7,867 
Safety and Productivity Solutions
Products1,115 1,605 3,679 4,959 
Services199 122 583 341 
Net Safety and Productivity Solutions sales1,314 1,727 4,262 5,300 
Corporate and All Other
Services2 2 5 4 
Net Corporate and All Other sales2 2 5 4 
Net sales$9,212 $8,951 $27,222 $26,280 
Segment profit
Aerospace$963 $818 $2,714 $2,338 
Honeywell Building Technologies386 368 1,146 1,064 
Performance Materials and Technologies633 615 1,821 1,726 
Safety and Productivity Solutions190 271 689 755 
Corporate and All Other(90)(120)(289)(298)
Total segment profit2,082 1,952 6,081 5,585 
Interest and other financial charges(206)(98)(563)(270)
Stock compensation expense1
(39)(50)(148)(163)
Pension ongoing income2
131 247 391 748 
Other postretirement income2
6 10 19 30 
Repositioning and other charges3
(88)(100)(331)(714)
Other4
81 20 204 (26)
Income before taxes$1,967 $1,981 $5,653 $5,190 
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.