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REPOSITIONING AND OTHER CHARGES (Tables)

9 Months Ended

Sep. 30, 2023

Restructuring and Related Activities [Abstract]

Repositioning and Other Charges

A summary of net repositioning and other charges follows:

			Three Months Ended September 30,												Nine Months Ended September 30,
			2023						2022						2023						2022
Severance			$	35					$	43					$	121					$	75
Asset impairments			16						5						37						153
Exit costs			36						20						98						78
Reserve adjustments			(23)						(2)						(40)						(54)
Total net repositioning charges			64						66						216						252
Asbestos-related charges, net of insurance and reimbursements			24						29						79						115
Probable and reasonably estimable environmental liabilities, net of reimbursements			6						3						40						19
Other charges			(6)						2						(4)						328
Total net repositioning and other charges			$	88					$	100					$	331					$	714

Pretax Distribution of Total Net Repositioning and Other Charges

The following table summarizes the pre-tax distribution of total net repositioning and other charges by classification in the Consolidated Statement of Operations:

			Three Months Ended September 30,												Nine Months Ended September 30,
			2023						2022						2023						2022
Cost of products and services sold			$	57					$	85					$	200					$	429
Selling, general and administrative expenses			31						24						122						237
Other (income) expense			—						(9)						9						48
Total net repositioning and other charges			$	88					$	100					$	331					$	714

Pretax Impact of Total Net Repositioning and Other Charges by Segment

The following table summarizes the pre-tax amount of total net repositioning and other charges by reportable business segment. These amounts are excluded from segment profit as described in Note 17 Segment Financial Data:

			Three Months Ended September 30,												Nine Months Ended September 30,
			2023						2022						2023						2022
Aerospace			$	10					$	(2)					$	21					$	34
Honeywell Building Technologies			9						10						40						47
Performance Materials and Technologies			22						15						45						262
Safety and Productivity Solutions			23						55						94						197
Corporate and All Other			24						22						131						174
Total net repositioning and other charges			$	88					$	100					$	331					$	714

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, 2022			$	235					$	—					$	74					$	309
Charges			121						37						98						256
Usage—cash			(138)						—						(80)						(218)
Usage—noncash			—						(35)						—						(35)
Foreign currency translation			5						—						16						21
Adjustments			(31)						(2)						(7)						(40)
Balance at September 30, 2023			$	192					$	—					$	101					$	293

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

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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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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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