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SEGMENT FINANCIAL DATA
 3 Months Ended
Mar. 31, 2026
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, loss on debt extinguishment, and other items within Other (income) expense.
Effective during the first quarter of 2026, the Company realigned certain of its business units comprising the Industrial Automation and Energy and Sustainability Solutions reportable business segments. This realignment formed a new reportable business segment, Process Automation and Technology, and resulted in a new composition of the Industrial Automation reportable business segment. Process Automation and Technology is comprised of UOP, which was previously in Energy and Sustainability Solutions, and the core portion of the Process Solutions business, which was previously in Industrial Automation. The new composition of Industrial Automation continues to include the smart energy, thermal solutions, and process measurement and control businesses, previously 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 are Aerospace Technologies, Building Automation, Process Automation and Technology, and Industrial Automation. The realignment had no impact on the Company's historical consolidated financial position, results of operations, or cash flows. Prior period amounts have been recast.
Three Months Ended March 31, 2026Aerospace TechnologiesBuilding Automation
Process Automation and Technology
Industrial AutomationCorporate and All OtherTotal Honeywell
Net sales
Products$2,393 $1,322 $958 $1,194 $— $5,867 
Services1,929 560 555 227 5 3,276 
Total Net sales4,322 1,882 1,513 1,421 5 9,143 
Less
Cost of products and services sold2,675 993 856 864 
Selling, general and administrative expenses196 273 174 196 
Other segment items1
307 120 124 120 
Total Segment profit$1,144 $496 $359 $241 $(111)$2,129 
Depreciation and amortization$107 $64 $100 $37 $49 $357 
Capital expenditures98 17 54 15 39 223 
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.
Three Months Ended March 31, 2025Aerospace TechnologiesBuilding Automation
Process Automation and Technology
Industrial AutomationCorporate and All OtherTotal Honeywell
Net sales
Products$2,365 $1,208 $891 $1,343 $— $5,807 
Services1,807 484 554 254 19 3,118 
Total Net sales4,172 1,692 1,445 1,597 19 8,925 
Less
Cost of products and services sold2,592 868 809 989 
Selling, general and administrative expenses188 275 208 239 
Other segment items293 109 115 139 
Total Segment profit$1,099 $440 $313 $230 $(80)$2,002 
Depreciation and amortization$94 $60 $68 $56 $47 $325 
Capital expenditures73 23 40 22 32 190 

March 31, 2026December 31, 2025
Aerospace Technologies$18,571 $17,920 
Building Automation10,810 10,883 
Process Automation and Technology
17,694 17,572 
Industrial Automation10,534 10,712 
Corporate and All Other16,379 16,594 
Total assets$73,988 $73,681 
A reconciliation of segment profit to consolidated income before taxes are as follows:
Three Months Ended March 31,
20262025
Segment profit$2,129 $2,002 
Interest and other financial charges(356)(285)
Interest income1
90 91 
Amortization of acquisition-related intangibles2
(153)(135)
Impairment of assets held for sale(263)(15)
Stock compensation expense3
(57)(59)
Pension ongoing income4
164 126 
Pension mark-to-market expense4
— 14 
Other postretirement income4
2 4 
Repositioning and other charges5
(68)(43)
Loss on debt extinguishment
(239)— 
Divestiture-related costs6
(314)(11)
Other expense7
(49)(24)
Income before taxes$886 $1,665 
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 included in Selling, general and administrative expenses and Other (income) expense.
7
Amounts include the other components of Selling, general and administrative expenses and Other (income) expense not included within other categories in this reconciliation. Equity income of affiliated companies is included in segment profit.