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SUPPLEMENTAL CASH FLOW INFORMATION | 12 Months Ended
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Dec. 31, 2023
Supplemental Cash Flow Information [Abstract] |
SUPPLEMENTAL CASH FLOW INFORMATION | SUPPLEMENTAL CASH FLOW INFORMATION
| Years Ended December 31,
2023 |  | 2022 |  | 2021
Net payments for repositioning and other charges |  |  |  |  |
Severance and exit cost payments | $ | (294) |  |  | $ | (275) |  |  | $ | (382) |
Environmental payments | (196) |  |  | (211) |  |  | (210) |
Reimbursement receipts | 140 |  |  | 140 |  |  | 140 |
Insurance receipts for asbestos-related liabilities | 39 |  |  | 37 |  |  | 46 |
Insurance receivables settlements and write-offs | 26 |  |  | 68 |  |  | — |
Asbestos-related liability payments | (174) |  |  | (271) |  |  | (286) |
Total net payments for repositioning and other charges | $ | (459) |  |  | $ | (512) |  |  | $ | (692) |
Interest paid, net of amounts capitalized | $ | 649 |  |  | $ | 375 |  |  | $ | 339 |
Income taxes paid, net of refunds | 1,581 |  |  | 1,324 |  |  | 1,202 |
Non-cash investing and financing activities |  |  |  |  |
Common stock contributed to savings plans | 216 |  |  | 196 |  |  | 191 |
Marketable securities contributed to non-U.S. pension plans | — |  |  | — |  |  | 81 |
Impact of Quantinuum contribution 1 | — |  |  | — |  |  | 460 |
Noncontrolling interest non-cash contribution 1 | — |  |  | — |  |  | 419 |
Loan in exchange for prepaid assets | — |  |  | — |  |  | 25 |
Receipt of Garrett Series B Preferred Stock 2 | — |  |  | — |  |  | 577 |
1 |  | See Note 2 Acquisitions and Divestitures for additional information of non-cash amounts recognized related to the combination of Honeywell Quantum Solutions and Cambridge Quantum Computing to form Quantinuum, a newly formed entity, which Honeywell consolidates as the controlling majority-owner.
2 |  | See Note 19 Commitments and Contingencies for additional information of non-cash amounts recognized related to the receipt of 834.8 million shares of Garrett Series B Preferred Stock in exchange for the full and final satisfaction of the Garrett Indemnity, Tax Matters Agreement, and pending litigation between the Company and Garrett. The non-cash amount reflects the fair value of the Garrett Series B Preferred Stock as of April 30, 2021, the date Garrett issued the Series B Preferred Stock to the Company.

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- Definition The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//230/tableOfContent + Details
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