v3.26.1
SEGMENT FINANCIAL DATA (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Financial Data
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 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
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.