10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2015 | |||
CONSOLIDATED STATEMENT OF OPERATIONS | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 12, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Product sales | $ 30,695 | 32,398 | 31,214 |
| Service sales | 7,886 | 7,908 | 7,841 |
| Net Sales | 38,581 | 40,306 | 39,055 |
| Costs, expenses and other | |||
| Cost of products sold | 21,775 | 23,889 | 23,317 |
| Cost of services sold | 4,972 | 5,068 | 5,047 |
| Cost of products and services sold | 26,747 | 28,957 | 28,364 |
| Selling, general and administrative expenses | 5,006 | 5,518 | 5,190 |
| Other (income) expense | (68) | (305) | (238) |
| Interest and other financial charges | 310 | 318 | 327 |
| Cost, operating and non-operating expenses | 31,995 | 34,488 | 33,643 |
| Income from continuing operations before taxes | 6,586 | 5,818 | 5,412 |
| Tax expense | 1,739 | 1,489 | 1,450 |
| Net income | 4,847 | 4,329 | 3,962 |
| Less: Net income attributable to the noncontrolling interest | 79 | 90 | 38 |
| Net income attributable to Honeywell | 4,768 | 4,239 | 3,924 |
| Earnings per share of common stock - basic | 6.1100 | 5.4000 | 4.9900 |
| Earnings per share of common stock - assuming dilution | 6.0400 | 5.3300 | 4.9200 |
| Cash dividends per share of common stock | 2.1500 | 1.8700 | 1.6800 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2015 | |||
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 12, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Net income | $ 4,847 | 4,329 | 3,962 |
| Other Comprehensive Income (Loss), Net Of Tax [Abstract] | |||
| Foreign exchange translation adjustment | (1,152) | (1,044) | (52) |
| Actuarial gains (losses) | (464) | (1,411) | 2,064 |
| Prior service credit | 446 | 73 | 99 |
| Prior service cost (credit) recognized during year | (13) | (2) | 5 |
| Actuarial losses recognized during year | 72 | 202 | 61 |
| Transition obligation recognized during year | 0 | 1 | 2 |
| Settlements and curtailments | 2 | 0 | (26) |
| Foreign exchange translation and other | 41 | 54 | (2) |
| Pensions and other postretirement benefit adjustments | 84 | (1,083) | 2,203 |
| Unrealized gains for the period | 0 | 15 | 140 |
| Less: reclassification adjustment for gains included in net income | 0 | 185 | 127 |
| Changes in fair value of available for sale investments | 0 | (170) | 13 |
| Effective portion of cash flow hedges recognized in other comprehensive income | 91 | 20 | (30) |
| Less: Reclassification adjustment for gains (losses) included in net income | 99 | 0 | (23) |
| Changes in fair value of effective cash flow hedges | (8) | 20 | (7) |
| Other comprehensive income (loss), net of tax | (1,076) | (2,277) | 2,157 |
| Comprehensive income | 3,771 | 2,052 | 6,119 |
| Less: Comprehensive income attributable to the noncontrolling interest | 73 | 87 | 36 |
| Comprehensive income attributable to Honeywell | 3,698 | 1,965 | 6,083 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2015 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 12, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Cash flows from operating activities: | |||
| Net income | $ 4,847 | 4,329 | 3,962 |
| Less: Net income attributable to the noncontrolling interest | 79 | 90 | 38 |
| Net income attributable to Honeywell | 4,768 | 4,239 | 3,924 |
| Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities: | |||
| Depreciation | 672 | 667 | 670 |
| Amortization | 211 | 257 | 319 |
| Loss on sale of non-strategic businesses and assets | 1 | 11 | 20 |
| Gain on sale of available for sale investments | 0 | (221) | (195) |
| Repositioning and other charges | 546 | 598 | 663 |
| Net payments for repositioning and other charges | (537) | (530) | (763) |
| Pension and other postretirement (income) expense | (323) | 44 | (19) |
| Pension and other postretirement benefit payments | (122) | (167) | (298) |
| Stock compensation expense | 175 | 187 | 170 |
| Deferred income taxes | 315 | 132 | 262 |
| Excess tax benefits from share based payment arrangements | (81) | (102) | (132) |
| Other | (8) | (327) | 308 |
| Changes in assets and liabilities, net of the effects of acquisitions and divestitures: | |||
| Accounts, notes and other receivables | 211 | (172) | (365) |
| Inventories | 230 | (200) | 41 |
| Other current assets | 80 | 120 | (421) |
| Accounts payable | (17) | 307 | 352 |
| Accrued liabilities | (667) | 181 | (201) |
| Net cash provided by operating activities | 5,454 | 5,024 | 4,335 |
| Cash flows from investing activities: | |||
| Expenditures for property, plant and equipment | (1,073) | (1,094) | (947) |
| Proceeds from disposals of property, plant and equipment | 15 | 18 | 15 |
| Increase in investments | (6,714) | (4,074) | (1,220) |
| Decrease in investments | 6,587 | 3,288 | 1,122 |
| Cash paid for acquisitions, net of cash acquired | (5,228) | (4) | (1,133) |
| Proceeds from sales of businesses, net of fees paid | 1 | 160 | 3 |
| Other | (102) | (170) | 201 |
| Net cash used for investing activities | (6,514) | (1,876) | (1,959) |
| Cash flows from financing activities: | |||
| Net increase in commercial paper and other short-term borrowings | 4,265 | 309 | 930 |
| Proceeds from issuance of common stock | 186 | 265 | 447 |
| Proceeds from issuance of long-term debt | 60 | 97 | 1,063 |
| Payments of long-term debt | (880) | (609) | (607) |
| Excess tax benefits from share based payment arrangements | 81 | 102 | 132 |
| Repurchases of common stock | (1,884) | (924) | (1,073) |
| Cash dividends paid | (1,726) | (1,510) | (1,353) |
| Other | 0 | (2) | 28 |
| Net cash provided by (used for) financing activities | 102 | (2,272) | (433) |
| Effect of foreign exchange rate changes on cash and cash equivalents | (546) | (339) | (155) |
| Net (decrease) increase in cash and cash equivalents | (1,504) | 537 | 1,788 |
| Cash and cash equivalents at beginning of period | 6,959 | 6,422 | |
| Cash and cash equivalents at end of period | 5,455 | 6,959 | 6,422 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
HONEYWELL INTERNATIONAL INC | ||
Ticker: HON Fiscal Year: 2015 | ||
CONSOLIDATED BALANCE SHEET | ||
Period Ending Dec 31, 2015 10-K (Filed: Feb 12, 2016) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2015 | Dec 31, 2014 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 5,455 | 6,959 |
| Accounts, notes and other receivables | 8,075 | 7,960 |
| Inventories | 4,420 | 4,405 |
| Deferred income taxes | 0 | 722 |
| Investments and other current assets | 2,103 | 2,145 |
| Total current assets | 20,053 | 22,191 |
| Investments and long-term receivables | 517 | 465 |
| Property, plant and equipment - net | 5,789 | 5,383 |
| Goodwill | 15,895 | 12,788 |
| Other intangible assets - net | 4,577 | 2,208 |
| Insurance recoveries for asbestos related liabilities | 426 | 454 |
| Deferred income taxes | 283 | 404 |
| Other assets | 1,776 | 1,558 |
| Total assets | 49,316 | 45,451 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | 5,580 | 5,365 |
| Commercial paper and other short-term borrowings | 5,937 | 1,698 |
| Current maturities of long-term debt | 577 | 939 |
| Accrued liabilities | 6,277 | 6,771 |
| Total current liabilities | 18,371 | 14,773 |
| Long-term debt | 5,554 | 6,046 |
| Deferred income taxes | 558 | 236 |
| Postretirement benefit obligations other than pensions | 526 | 911 |
| Asbestos related liabilities | 1,251 | 1,200 |
| Other liabilities | 4,348 | 4,282 |
| Redeemable noncontrolling interest | 290 | 219 |
| SHAREOWNERS' EQUITY | ||
| Capital - common stock issued | 958 | 958 |
| Capital - additional paid in capital | 5,377 | 5,038 |
| Common stock held in treasury, at cost | (11,664) | (9,995) |
| Accumulated other comprehensive income (loss) | (2,535) | (1,459) |
| Retained earnings | 26,147 | 23,115 |
| Total Honeywell shareowners' equity | 18,283 | 17,657 |
| Noncontrolling interest | 135 | 127 |
| Total shareowners' equity | 18,418 | 17,784 |
| Total liabilities, redeemable noncontrolling interest, and shareowners' equity | 49,316 | 45,451 |
| External Links | |
| HONEYWELL INTERNATIONAL INC (HON) Fiscal Year 2015 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |