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: 2011 | |||
CONSOLIDATED STATEMENT OF OPERATIONS | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 17, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| Product sales | $ 28,745 | 25,242 | 22,957 |
| Service sales | 7,784 | 7,108 | 6,994 |
| Net sales | 36,529 | 32,350 | 29,951 |
| Costs, expenses and other | |||
| Cost of products sold | 23,220 | 19,903 | 18,565 |
| Cost of services sold | 5,336 | 4,818 | 4,695 |
| Cost of products and services sold | 28,556 | 24,721 | 23,260 |
| Selling, general and administrative expenses | 5,399 | 4,618 | 4,323 |
| Other (income) expense | (84) | (97) | (54) |
| Interest and other financial charges | 376 | 386 | 458 |
| Cost, operating and non-operating expenses | 34,247 | 29,628 | 27,987 |
| Income from continuing operations before taxes | 2,282 | 2,722 | 1,964 |
| Tax expense | 417 | 765 | 436 |
| Income from continuing operations after taxes | 1,865 | 1,957 | 1,528 |
| Income from discontinued operations after taxes | 209 | 78 | 56 |
| Net income | 2,074 | 2,035 | 1,584 |
| Less: Net income attributable to the noncontrolling interest | 7 | 13 | 36 |
| Net income attributable to Honeywell | 2,067 | 2,022 | 1,548 |
| Amounts attributable to Honeywell | |||
| Income from continuing operations less net income attributable to the noncontrolling interest | 1,858 | 1,944 | 1,492 |
| Income from discontinued operations | 209 | 78 | 56 |
| Net income attributable to Honeywell | 2,067 | 2,022 | 1,548 |
| Earnings per share continuing operations - basic: | 2.38 | 2.51 | 1.99 |
| Earnings per share discontinued operations - basic: | 0.27 | 0.10 | 0.07 |
| Earnings per share: Basic | 2.65 | 2.61 | 2.06 |
| Earnings per share continuing operations - assuming dilution: | 2.35 | 2.49 | 1.98 |
| Earnings per share discontinued operations - assuming dilution: | 0.26 | 0.10 | 0.07 |
| Earnings per share - Assuming dilution | 2.61 | 2.59 | 2.05 |
| Cash dividends per share of common stock | 1.37 | 1.21 | 1.21 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2011 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 17, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| Cash flows from operating activities: | |||
| Net income attributable to Honeywell | $ 2,067 | 2,022 | 1,548 |
| Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities: | |||
| Depreciation and amortization | 957 | 987 | 957 |
| Gain on sale of nonstrategic businesses and assets | (362) | 0 | (87) |
| Repositioning and other charges | 743 | 600 | 478 |
| Net payments for repositioning and other charges | (468) | (439) | (658) |
| Pension and other postretirement expense | 1,823 | 689 | 1,022 |
| Pension and other postretirement benefit payments | (1,788) | (787) | (189) |
| Stock compensation expense | 168 | 164 | 118 |
| Deferred income taxes | (331) | 878 | 47 |
| Excess tax benefits from share based payment arrangements | (42) | (13) | (1) |
| Other | 194 | (24) | 261 |
| Changes in assets and liabilities, net of the effects of acquisitions and divestitures: | |||
| Accounts, notes and other receivables | (316) | (688) | 360 |
| Inventories | (310) | (300) | 475 |
| Other current assets | 25 | (26) | (43) |
| Accounts payable | 527 | 592 | (169) |
| Accrued liabilities | (54) | 548 | (173) |
| Net cash provided by operating activities | 2,833 | 4,203 | 3,946 |
| Cash flows from investing activities: | |||
| Expenditures for property, plant and equipment | (798) | (651) | (609) |
| Proceeds from disposals of property, plant and equipment | 6 | 14 | 31 |
| Increase in investments | (380) | (453) | (24) |
| Decrease in investments | 354 | 112 | 1 |
| Cash paid for acquisitions, net of cash acquired | (973) | (1,303) | (468) |
| Proceeds from sales of businesses, net of fees paid | 1,156 | 7 | 1 |
| Other | 24 | 5 | (65) |
| Net cash used for investing activities | (611) | (2,269) | (1,133) |
| Cash flows from financing activities: | |||
| Net increase/(decrease) in commercial paper | 300 | 1 | (1,133) |
| Net (decrease)/increase in short-term borrowings | (2) | 20 | (521) |
| Payment of debt assumed with acquisitions | (33) | (326) | 0 |
| Proceeds from issuance of common stock | 304 | 195 | 37 |
| Proceeds from issuance of long-term debt | 1,390 | 0 | 1,488 |
| Payments of long-term debt | (939) | (1,006) | (1,106) |
| Excess tax benefits from share based payment arrangements | 42 | 13 | 1 |
| Repurchases of common stock | (1,085) | 0 | 0 |
| Cash dividends paid | (1,091) | (944) | (918) |
| Net cash used for financing activities | (1,114) | (2,047) | (2,152) |
| Effect of foreign exchange rate changes on cash and cash equivalents | (60) | (38) | 75 |
| Net increase/(decrease) in cash and cash equivalents | 1,048 | (151) | 736 |
| Cash and cash equivalents at beginning of period | 2,650 | 2,801 | |
| Cash and cash equivalents at end of period | 3,698 | 2,650 | 2,801 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
HONEYWELL INTERNATIONAL INC | ||
Ticker: HON Fiscal Year: 2011 | ||
CONSOLIDATED BALANCE SHEET | ||
Period Ending Dec 31, 2011 10-K (Filed: Feb 17, 2012) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2011 | Dec 31, 2010 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 3,698 | 2,650 |
| Accounts, notes and other receivables | 7,228 | 6,841 |
| Inventories | 4,264 | 3,822 |
| Deferred income taxes | 460 | 877 |
| Investments and other current assets | 484 | 455 |
| Assets held for sale | 0 | 841 |
| Total current assets | 16,134 | 15,486 |
| Investments and long-term receivables | 494 | 616 |
| Property, plant and equipment - net | 4,804 | 4,724 |
| Goodwill | 11,858 | 11,275 |
| Other intangible assets - net | 2,477 | 2,537 |
| Insurance recoveries for asbestos related liabilities | 709 | 825 |
| Deferred income taxes | 2,132 | 1,221 |
| Other assets | 1,200 | 1,150 |
| Total assets | 39,808 | 37,834 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | 4,738 | 4,199 |
| Short-term borrowings | 60 | 67 |
| Commercial paper | 599 | 299 |
| Current maturities of long-term debt | 15 | 523 |
| Accrued liabilities | 6,863 | 6,446 |
| Liabilities related to assets held for sale | 0 | 190 |
| Total current liabilities | 12,275 | 11,724 |
| Long-term debt | 6,881 | 5,755 |
| Deferred income taxes | 676 | 636 |
| Postretirement benefit obligations other than pensions | 1,417 | 1,477 |
| Asbestos related liabilities | 1,499 | 1,557 |
| Other liabilities | 6,158 | 5,898 |
| SHAREOWNERS' EQUITY | ||
| Capital - common stock issued | 958 | 958 |
| Capital - additional paid in capital | 4,157 | 3,977 |
| Common stock held in treasury, at cost | (8,948) | (8,299) |
| Accumulated other comprehensive income (loss) | (1,444) | (1,067) |
| Retained earnings | 16,083 | 15,097 |
| Total Honeywell shareowners' equity | 10,806 | 10,666 |
| Noncontrolling interest | 96 | 121 |
| Total shareowners' equity | 10,902 | 10,787 |
| Total liabilities and shareowners' equity | 39,808 | 37,834 |
| External Links | |
| HONEYWELL INTERNATIONAL INC (HON) Fiscal Year 2011 | |
| 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 |