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CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net sales $ 9,105 $ 8,864
Costs, expenses and other    
Costs of products and services sold 5,583 5,498
Research and development expenses 360 357
Selling, general and administrative expenses 1,302 1,317
Other (Income) Expense (231) (260)
Interest and other financial charges 220 170
Total costs, expenses and other 7,234 7,082
Income before taxes 1,871 1,782
Tax expense 396 374
Net income 1,475 1,408
Less: Net income attributable to noncontrolling interest 12 14
Net income attributable to Honeywell $ 1,463 $ 1,394
Earnings per share of common stock - basic (in dollars per share) $ 2.24 $ 2.09
Earnings per share of common stock - assuming dilution (in dollars per share) $ 2.23 $ 2.07
Product    
Net sales $ 6,263 $ 6,310
Costs, expenses and other    
Costs of products and services sold 4,035 4,068
Service    
Net sales 2,842 2,554
Costs, expenses and other    
Costs of products and services sold $ 1,548 $ 1,430