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SEGMENT FINANCIAL DATA
 12 Months Ended
Dec. 31, 2025
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 the Chairman and Chief Executive Officer, who is the Company's chief operating decision maker, and 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, interest income, amortization of acquisition-related intangibles, certain acquisition- and divestiture-related costs, impairment of goodwill, impairment of assets held for sale, stock compensation expense, pension and other postretirement income (expense), repositioning and other (gains) charges, and other items within Other (income) expense.
In October 2025, the Company announced a planned realignment, expected to be effective in the first quarter of 2026, of its business units comprising its Industrial Automation and Energy and Sustainability Solutions reportable business segments. This realignment will form a new reportable business segment, Process Automation and Technology, and result in a new composition of its Industrial Automation reportable business segment. Process Automation and Technology will be comprised of UOP, which is currently in Energy and Sustainability Solutions, and the core portion of the Process Solutions business, which is currently in Industrial Automation. The new composition of Industrial Automation will continue to include the smart energy, thermal solutions, and process measurement and control businesses, currently included in the Process Solutions business, as well as the Sensing and Safety Technologies, Warehouse and Workflow Solutions, and Productivity Solutions and Services businesses. Following the realignment, the Company’s reportable business segments will be Aerospace Technologies, Building Automation, Process Automation and Technology, and Industrial Automation. 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 2026.
Year Ended December 31, 2025Aerospace TechnologiesIndustrial AutomationBuilding AutomationEnergy and Sustainability SolutionsCorporate and All OtherTotal Honeywell
Net sales
Products$9,943 $6,389 $5,357 $2,826 $— $24,515 
Services7,567 3,012 2,010 308 30 12,927 
Total Net sales17,510 9,401 7,367 3,134 30 37,442 
Less
Cost of products and services sold11,282 5,492 3,832 1,873 
Selling, general and administrative expenses737 1,335 1,110 357 
Other segment items1
1,207 831 472 212 
Total Segment profit$4,284 $1,743 $1,953 $692 $(545)$8,127 
Depreciation and amortization$380 $343 $242 $226 $197 $1,388 
Capital expenditures404 201 108 146 127 986 
1
For each reportable segment, the other segment items category includes research and development expenses, equity income of affiliated companies and certain allocated overhead expenses, which are comprised of salaries and fringe benefits, professional & purchased services, and other indirect spend across core corporate functions such as central IT, corporate finance, human resources, supply chain, legal, government relations, and other corporate functions.
Year Ended December 31, 2024Aerospace TechnologiesIndustrial AutomationBuilding AutomationEnergy and Sustainability SolutionsCorporate and All OtherTotal Honeywell
Net sales
Products$8,509 $7,175 $4,800 $2,357 $— $22,841 
Services6,949 2,876 1,740 287 24 11,876 
Total Net sales15,458 10,051 6,540 2,644 24 34,717 
Less
Cost of products and services sold9,781 5,880 3,482 1,562 
Selling, general and administrative expenses645 1,392 954 270 
Other segment items1,044 817 423 197 
Total Segment profit$3,988 $1,962 $1,681 $615 $(579)$7,667 
Depreciation and amortization$299 $362 $198 $104 $190 $1,153 
Capital expenditures371 214 78 80 128 871 
Year Ended December 31, 2023Aerospace TechnologiesIndustrial AutomationBuilding AutomationEnergy and Sustainability SolutionsCorporate and All OtherTotal Honeywell
Net sales
Products$7,316 $8,176 $4,599 $2,254 $— $22,345 
Services6,308 2,580 1,432 332 12 10,664 
Total Net sales13,624 10,756 6,031 2,586 12 33,009 
Less
Cost of products and services sold8,362 6,379 3,240 1,599 
Selling, general and administrative expenses538 1,361 884 231 
Other segment items964 807 378 187 
Total Segment profit$3,760 $2,209 $1,529 $569 $(504)$7,563 
Depreciation and amortization$267 $386 $107 $81 $163 $1,004 
Capital expenditures310 194 79 76 82 741 
December 31, 2025December 31, 2024
Aerospace Technologies$17,920 $16,966 
Industrial Automation20,351 21,035 
Building Automation10,883 11,438 
Energy and Sustainability Solutions7,933 5,351 
Corporate and All Other16,594 15,375 
Total assets$73,681 $70,165 
A reconciliation of segment profit to consolidated income before taxes are as follows:
Years Ended December 31,
202520242023
Segment profit$8,127 $7,667 $7,563 
Interest and other financial charges(1,344)(1,048)(749)
Interest income1
369 430 321 
Amortization of acquisition-related intangibles2
(570)(411)(290)
Impairment of goodwill
(724)— — 
Impairment of assets held for sale(270)(219)— 
Stock compensation expense3
(196)(189)(197)
Pension ongoing income4
544 591 532 
Pension mark-to-market expense4
(163)(126)(153)
Other postretirement income4
15 11 29 
Repositioning and other gains (charges)5
167 (239)(844)
Other expense6
(479)(223)(21)
Income before taxes$5,476 $6,244 $6,191 
1Amounts included in Other (income) expense.
2Amounts included in Cost of products and services sold.
3
Amounts included in Selling, general and administrative expenses.
4
Amounts included in Cost of products and services sold (service cost component), Selling, general and administrative expenses (service cost component), Research and development expenses (service cost component), and Other (income) expense (non-service cost component).
5
Amounts included in Cost of products and services sold, Selling, general and administrative expenses, and Other (income) expense.
6
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.