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: 2017 | |||
CONSOLIDATED STATEMENT OF OPERATIONS | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 9, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Product sales | $ 32,317 | 31,362 | 30,695 |
| Service sales | 8,217 | 7,940 | 7,886 |
| Net Sales | 40,534 | 39,302 | 38,581 |
| Costs, expenses and other | |||
| Cost of products sold | 22,659 | 22,170 | 21,775 |
| Cost of services sold | 4,916 | 4,980 | 4,972 |
| Cost of products and services sold | 27,575 | 27,150 | 26,747 |
| Selling, general and administrative expenses | 5,808 | 5,469 | 5,006 |
| Other (income) expense | (67) | (102) | (68) |
| Interest and other financial charges | 316 | 338 | 310 |
| Cost, operating and non-operating expenses | 33,632 | 32,855 | 31,995 |
| Income before taxes | 6,902 | 6,447 | 6,586 |
| Tax expense | 5,204 | 1,601 | 1,739 |
| Net income | 1,698 | 4,846 | 4,847 |
| Less: Net income attributable to the noncontrolling interest | 43 | 37 | 79 |
| Net income attributable to Honeywell | 1,655 | 4,809 | 4,768 |
| Earnings per share of common stock - basic | 2.1700 | 6.2900 | 6.1100 |
| Earnings per share of common stock - assuming dilution | 2.1400 | 6.2000 | 6.0400 |
| Cash dividends per share of common stock | 2.7400 | 2.4500 | 2.1500 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2017 | |||
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 9, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Net income | $ 1,698 | 4,846 | 4,847 |
| Other Comprehensive Income (Loss), Net Of Tax [Abstract] | |||
| Foreign exchange translation adjustment | (37) | (52) | (1,152) |
| Actuarial gains (losses) | 753 | (443) | (464) |
| Prior service (cost) credit | (59) | (18) | 446 |
| Prior service credit recognized during year | (70) | (78) | (13) |
| Actuarial losses recognized during year | 83 | 236 | 72 |
| Settlements and curtailments | 19 | (5) | 2 |
| Foreign exchange translation and other | (49) | 73 | 41 |
| Pensions and other postretirement benefit adjustments | 677 | (235) | 84 |
| Effective portion of cash flow hedges recognized in other comprehensive income | (101) | 103 | 91 |
| Less: Reclassification adjustment for (losses) gains included in net income | 60 | (5) | 99 |
| Changes in fair value of effective cash flow hedges | (161) | 108 | (8) |
| Other comprehensive income (loss), net of tax | 479 | (179) | (1,076) |
| Comprehensive income | 2,177 | 4,667 | 3,771 |
| Less: Comprehensive income attributable to the noncontrolling interest | 51 | 29 | 73 |
| Comprehensive income attributable to Honeywell | 2,126 | 4,638 | 3,698 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2017 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 9, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Cash flows from operating activities: | |||
| Net income | $ 1,698 | 4,846 | 4,847 |
| Less: Net income attributable to the noncontrolling interest | 43 | 37 | 79 |
| Net income attributable to Honeywell | 1,655 | 4,809 | 4,768 |
| Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities: | |||
| Depreciation | 717 | 726 | 672 |
| Amortization | 398 | 304 | 211 |
| (Gain) loss on sale of non-strategic businesses and assets | 7 | (178) | 1 |
| Repositioning and other charges | 1,021 | 695 | 546 |
| Net payments for repositioning and other charges | (628) | (625) | (537) |
| Pension and other postretirement (income) expense | (647) | (360) | (323) |
| Pension and other postretirement benefit payments | (106) | (143) | (122) |
| Stock compensation expense | 176 | 184 | 175 |
| Deferred income taxes | 2,294 | 76 | 315 |
| Excess tax benefits from share based payment arrangements | 0 | 0 | (81) |
| Other | 1,642 | 194 | 57 |
| Changes in assets and liabilities, net of the effects of acquisitions and divestitures: | |||
| Accounts receivable | (682) | (547) | 201 |
| Inventories | (259) | (18) | 230 |
| Other current assets | (568) | (106) | 90 |
| Accounts payable | 924 | 254 | (17) |
| Accrued liabilities | 22 | 233 | (667) |
| Net cash provided by operating activities | 5,966 | 5,498 | 5,519 |
| Cash flows from investing activities: | |||
| Expenditures for property, plant and equipment | (1,031) | (1,095) | (1,073) |
| Proceeds from disposals of property, plant and equipment | 86 | 21 | 15 |
| Increase in investments | (6,743) | (3,954) | (6,714) |
| Decrease in investments | 4,414 | 3,681 | 6,587 |
| Cash paid for acquisitions, net of cash acquired | (82) | (2,573) | (5,228) |
| Proceeds from sales of businesses, net of fees paid | 0 | 296 | 1 |
| Other | (218) | 282 | (102) |
| Net cash used for investing activities | (3,574) | (3,342) | (6,514) |
| Cash flows from financing activities: | |||
| Proceeds from issuance of commercial paper and other short-term borrowings | 13,701 | 18,997 | 12,992 |
| Payments of commercial paper and other short-term borrowings | (13,532) | (21,461) | (8,727) |
| Proceeds from issuance of common stock | 520 | 409 | 186 |
| Proceeds from issuance of long-term debt | 1,238 | 9,245 | 60 |
| Payments of long-term debt | (292) | (2,839) | (880) |
| Excess tax benefits from share based payment arrangements | 0 | 0 | 81 |
| Repurchases of common stock | (2,889) | (2,079) | (1,884) |
| Cash dividends paid | (2,119) | (1,915) | (1,726) |
| Payments to purchase the noncontrolling interest | 0 | (238) | 0 |
| AdvanSix pre-separation funding | 0 | 269 | 0 |
| AdvanSix pre-spin borrowing | 0 | 38 | 0 |
| AdvanSix cash at spinoff | 0 | (38) | 0 |
| Other | (143) | (42) | (65) |
| Net cash (used for) provided by financing activities | (3,516) | 346 | 37 |
| Effect of foreign exchange rate changes on cash and cash equivalents | 340 | (114) | (546) |
| Net (decrease) increase in cash and cash equivalents | (784) | 2,388 | (1,504) |
| Cash and cash equivalents at beginning of period | 7,843 | 5,455 | |
| Cash and cash equivalents at end of period | 7,059 | 7,843 | 5,455 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
HONEYWELL INTERNATIONAL INC | ||
Ticker: HON Fiscal Year: 2017 | ||
CONSOLIDATED BALANCE SHEET | ||
Period Ending Dec 31, 2017 10-K (Filed: Feb 9, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2017 | Dec 31, 2016 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 7,059 | 7,843 |
| Short-term investments | 3,758 | 1,520 |
| Accounts receivable - net | 8,866 | 8,177 |
| Inventories | 4,613 | 4,366 |
| Other current assets | 1,706 | 1,152 |
| Total current assets | 26,002 | 23,058 |
| Investments and long-term receivables | 667 | 587 |
| Property, plant and equipment - net | 5,926 | 5,793 |
| Goodwill | 18,277 | 17,707 |
| Other intangible assets - net | 4,496 | 4,634 |
| Insurance recoveries for asbestos related liabilities | 411 | 417 |
| Deferred income taxes | 236 | 347 |
| Other assets | 3,372 | 1,603 |
| Total assets | 59,387 | 54,146 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | 6,584 | 5,690 |
| Commercial paper and other short-term borrowings | 3,958 | 3,366 |
| Current maturities of long-term debt | 1,351 | 227 |
| Accrued liabilities | 6,968 | 7,048 |
| Total current liabilities | 18,861 | 16,331 |
| Long-term debt | 12,573 | 12,182 |
| Deferred income taxes | 2,894 | 486 |
| Postretirement benefit obligations other than pensions | 512 | 473 |
| Asbestos related liabilities | 1,173 | 1,014 |
| Other liabilities | 5,930 | 4,110 |
| Redeemable noncontrolling interest | 5 | 3 |
| SHAREOWNERS' EQUITY | ||
| Capital - common stock issued | 958 | 958 |
| Capital - additional paid in capital | 6,212 | 5,781 |
| Common stock held in treasury, at cost | (15,914) | (13,366) |
| Accumulated other comprehensive income (loss) | (2,235) | (2,714) |
| Retained earnings | 28,255 | 28,710 |
| Total Honeywell shareowners' equity | 17,276 | 19,369 |
| Noncontrolling interest | 163 | 178 |
| Total shareowners' equity | 17,439 | 19,547 |
| Total liabilities, redeemable noncontrolling interest, and shareowners' equity | 59,387 | 54,146 |
| External Links | |
| HONEYWELL INTERNATIONAL INC (HON) Fiscal Year 2017 | |
| 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 |