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SUPPLEMENTAL CASH FLOW INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2023
Supplemental Cash Flow Information [Abstract] |
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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