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: 2020 | |||
CONSOLIDATED STATEMENT OF OPERATIONS | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 12, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Income Statement [Abstract] | |||
| Net Sales | $ 32,637 | 36,709 | 41,802 |
| Costs and Expenses [Abstract] | |||
| Cost of products and services sold | 22,169 | 24,339 | 29,046 |
| Selling, general and administrative expenses | 4,772 | 5,519 | 6,051 |
| Other (income) expense | (675) | (1,065) | (1,149) |
| Interest and other financial charges | 359 | 357 | 367 |
| Cost, operating and non-operating expenses | 26,625 | 29,150 | 34,315 |
| Income before taxes | 6,012 | 7,559 | 7,487 |
| Tax expense | 1,147 | 1,329 | 659 |
| Net income | 4,865 | 6,230 | 6,828 |
| Less: Net income attributable to the noncontrolling interest | 86 | 87 | 63 |
| Net income attributable to Honeywell | 4,779 | 6,143 | 6,765 |
| Earnings per share of common stock - basic | 6.7900 | 8.5200 | 9.1000 |
| Earnings per share of common stock - assuming dilution | 6.7200 | 8.4100 | 8.9800 |
| Product and Service | |||
| Products | |||
| Net Sales | 24,737 | 27,629 | 32,848 |
| Cost of products and services sold | 17,638 | 19,269 | 23,634 |
| Services | |||
| Net Sales | 7,900 | 9,080 | 8,954 |
| Cost of products and services sold | 4,531 | 5,070 | 5,412 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2020 | |||
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 12, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Net income | $ 4,865 | 6,230 | 6,828 |
| Other Comprehensive Income (Loss), Net Of Tax [Abstract] | |||
| Foreign exchange translation adjustment | (211) | 143 | (685) |
| Actuarial gains (losses) recognized | 91 | 162 | (602) |
| Prior service credit (cost) recognized | 47 | 1 | 2 |
| Prior service credit recognized during year | (82) | (79) | (74) |
| Actuarial (gains) losses recognized during year | 41 | 16 | 35 |
| Settlements and curtailments | 0 | 0 | 2 |
| Foreign exchange translation and other | (23) | (14) | 31 |
| Pensions and other postretirement benefit adjustments | 74 | 86 | (606) |
| Changes in fair value of available for sale investments | 4 | 0 | 0 |
| Cash flow hedges recognized in other comprehensive income | 10 | 103 | 89 |
| Less: Reclassification adjustment for gains (losses) included in net income | 54 | 92 | 4 |
| Changes in fair value of cash flow hedges | (44) | 11 | 85 |
| Other comprehensive income (loss), net of tax | (177) | 240 | (1,206) |
| Comprehensive income | 4,688 | 6,470 | 5,622 |
| Less: Comprehensive income attributable to the noncontrolling interest | 89 | 82 | 53 |
| Comprehensive income attributable to Honeywell | 4,599 | 6,388 | 5,569 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2020 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 12, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Net Cash Provided by (Used in) Operating Activities [Abstract] | |||
| Net income | $ 4,865 | 6,230 | 6,828 |
| Less: Net income attributable to the noncontrolling interest | 86 | 87 | 63 |
| Net income attributable to Honeywell | 4,779 | 6,143 | 6,765 |
| Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities [Abstract] | |||
| Depreciation | 644 | 673 | 721 |
| Amortization | 358 | 415 | 395 |
| Repositioning and other charges | 575 | 546 | 1,091 |
| Net payments for repositioning and other charges | (833) | (376) | (652) |
| Pension and other postretirement income | (798) | (516) | (987) |
| Pension and other postretirement benefit payments | (47) | (78) | (80) |
| Stock compensation expense | 168 | 153 | 175 |
| Deferred income taxes | (175) | 179 | (586) |
| Reimbursement receivables charge | 509 | 0 | 0 |
| Other | (335) | (286) | (694) |
| Changes in assets and liabilities, net of the effects of acquisitions and divestitures: [Abstract] | |||
| Accounts receivable | 669 | 11 | (236) |
| Inventories | (67) | (100) | (503) |
| Other current assets | 191 | (430) | 218 |
| Accounts payable | 15 | 118 | 733 |
| Accrued liabilities | 555 | 445 | 74 |
| Net cash provided by (used for) operating activities | 6,208 | 6,897 | 6,434 |
| Cash flows from investing activities: [Abstract] | |||
| Expenditures for property, plant and equipment | (906) | (839) | (828) |
| Proceeds from disposals of property, plant and equipment | 57 | 43 | 15 |
| Increase in investments | (3,236) | (4,253) | (4,059) |
| Decrease in investments | 3,508 | 4,464 | 6,032 |
| Receipts (payments) from settlements of derivative contracts | (149) | 102 | 402 |
| Cash paid for acquisitions, net of cash acquired | (261) | (50) | (535) |
| Net cash provided by (used for) investing activities | (987) | (533) | 1,027 |
| Cash flows from financing activities: [Abstract] | |||
| Proceeds from issuance of commercial paper and other short-term borrowings | 10,474 | 14,199 | 23,891 |
| Payments of commercial paper and other short-term borrowings | (10,400) | (14,199) | (24,095) |
| Proceeds from issuance of common stock | 393 | 498 | 267 |
| Proceeds from issuance of long-term debt | 10,125 | 2,726 | 27 |
| Payments of long-term debt | (4,308) | (2,903) | (1,330) |
| Repurchases of common stock | (3,714) | (4,400) | (4,000) |
| Cash dividends paid | (2,592) | (2,442) | (2,272) |
| Pre-separation funding | 0 | 0 | 2,801 |
| Spin-off cash | 0 | 0 | (179) |
| Other | (59) | (79) | (142) |
| Net cash provided by (used for) financing activities | (81) | (6,600) | (5,032) |
| Effect of foreign exchange rate changes on cash and cash equivalents | 68 | 16 | (201) |
| Net increase (decrease) in cash and cash equivalents | 5,208 | (220) | 2,228 |
| Cash and cash equivalents at beginning of period | 9,067 | 9,287 | |
| Cash and cash equivalents at end of period | 14,275 | 9,067 | 9,287 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
HONEYWELL INTERNATIONAL INC | ||
Ticker: HON Fiscal Year: 2020 | ||
CONSOLIDATED BALANCE SHEET | ||
Period Ending Dec 31, 2020 10-K (Filed: Feb 12, 2021) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2020 | Dec 31, 2019 | |
| Assets [Abstract] | ||
| Assets, Current [Abstract] | ||
| Cash and cash equivalents | $ 14,275 | 9,067 |
| Short-term investments | 945 | 1,349 |
| Accounts receivable - net | 6,827 | 7,493 |
| Inventories | 4,489 | 4,421 |
| Other current assets | 1,639 | 1,973 |
| Total current assets | 28,175 | 24,303 |
| Investments and long-term receivables | 685 | 588 |
| Property, plant and equipment - net | 5,570 | 5,325 |
| Goodwill | 16,058 | 15,563 |
| Other intangible assets - net | 3,560 | 3,734 |
| Insurance recoveries for asbestos related liabilities | 366 | 392 |
| Deferred income taxes | 760 | 86 |
| Other assets | 9,412 | 8,688 |
| Total assets | 64,586 | 58,679 |
| Liabilities [Abstract] | ||
| Liabilities, Current [Abstract] | ||
| Accounts payable | 5,750 | 5,730 |
| Commercial paper and other short-term borrowings | 3,597 | 3,516 |
| Current maturities of long-term debt | 2,445 | 1,376 |
| Accrued liabilities | 7,405 | 7,476 |
| Total current liabilities | 19,197 | 18,098 |
| Long-term debt | 16,342 | 11,110 |
| Deferred income taxes | 2,113 | 1,670 |
| Postretirement benefit obligations other than pensions | 242 | 326 |
| Asbestos related liabilities | 1,920 | 1,996 |
| Other liabilities | 6,975 | 6,766 |
| Redeemable noncontrolling interest | 7 | 7 |
| SHAREOWNERS' EQUITY [Abstract] | ||
| Capital - common stock issued | 958 | 958 |
| Capital - additional paid in capital | 7,292 | 6,876 |
| Common stock held in treasury, at cost | (27,229) | (23,836) |
| Accumulated other comprehensive income (loss) | (3,377) | (3,197) |
| Retained earnings | 39,905 | 37,693 |
| Total Honeywell shareowners' equity | 17,549 | 18,494 |
| Noncontrolling interest | 241 | 212 |
| Total shareowners' equity | 17,790 | 18,706 |
| Total liabilities, redeemable noncontrolling interest, and shareowners' equity | 64,586 | 58,679 |
| External Links | |
| HONEYWELL INTERNATIONAL INC (HON) Fiscal Year 2020 | |
| 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 |