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: 2016 | |||
CONSOLIDATED STATEMENT OF OPERATIONS | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 10, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Product sales | $ 31,362 | 30,695 | 32,398 |
| Service sales | 7,940 | 7,886 | 7,908 |
| Net Sales | 39,302 | 38,581 | 40,306 |
| Costs, expenses and other | |||
| Cost of products sold | 22,170 | 21,775 | 23,889 |
| Cost of services sold | 4,980 | 4,972 | 5,068 |
| Cost of products and services sold | 27,150 | 26,747 | 28,957 |
| Selling, general and administrative expenses | 5,469 | 5,006 | 5,518 |
| Other (income) expense | (102) | (68) | (305) |
| Interest and other financial charges | 338 | 310 | 318 |
| Cost, operating and non-operating expenses | 32,855 | 31,995 | 34,488 |
| Income from continuing operations before taxes | 6,447 | 6,586 | 5,818 |
| Tax expense | 1,601 | 1,739 | 1,489 |
| Net income | 4,846 | 4,847 | 4,329 |
| Less: Net income attributable to the noncontrolling interest | 37 | 79 | 90 |
| Net income attributable to Honeywell | 4,809 | 4,768 | 4,239 |
| Earnings per share of common stock - basic | 6.2900 | 6.1100 | 5.4000 |
| Earnings per share of common stock - assuming dilution | 6.2000 | 6.0400 | 5.3300 |
| Cash dividends per share of common stock | 2.4500 | 2.1500 | 1.8700 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2016 | |||
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 10, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Net income | $ 4,846 | 4,847 | 4,329 |
| Other Comprehensive Income (Loss), Net Of Tax [Abstract] | |||
| Foreign exchange translation adjustment | (52) | (1,152) | (1,044) |
| Actuarial losses | (443) | (464) | (1,411) |
| Prior service (cost) credit | (18) | 446 | 73 |
| Prior service credit recognized during year | (78) | (13) | (2) |
| Actuarial losses recognized during year | 236 | 72 | 202 |
| Transition obligation recognized during year | 0 | 0 | 1 |
| Settlements and curtailments | (5) | 2 | 0 |
| Foreign exchange translation and other | 73 | 41 | 54 |
| Pensions and other postretirement benefit adjustments | (235) | 84 | (1,083) |
| Unrealized gains for the period | 0 | 0 | 15 |
| Less: reclassification adjustment for gains included in net income | 0 | 0 | 185 |
| Changes in fair value of available for sale investments | 0 | 0 | (170) |
| Effective portion of cash flow hedges recognized in other comprehensive income | 103 | 91 | 20 |
| Less: Reclassification adjustment for (losses) gains included in net income | (5) | 99 | 0 |
| Changes in fair value of effective cash flow hedges | 108 | (8) | 20 |
| Other comprehensive income (loss), net of tax | (179) | (1,076) | (2,277) |
| Comprehensive income | 4,667 | 3,771 | 2,052 |
| Less: Comprehensive income attributable to the noncontrolling interest | 29 | 73 | 87 |
| Comprehensive income attributable to Honeywell | 4,638 | 3,698 | 1,965 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2016 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 10, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Cash flows from operating activities: | |||
| Net income | $ 4,846 | 4,847 | 4,329 |
| Less: Net income attributable to the noncontrolling interest | 37 | 79 | 90 |
| Net income attributable to Honeywell | 4,809 | 4,768 | 4,239 |
| Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities: | |||
| Depreciation | 726 | 672 | 667 |
| Amortization | 304 | 211 | 257 |
| (Gain) loss on sale of non-strategic businesses and assets | (178) | 1 | 11 |
| Gain on sale of available for sale investments | 0 | 0 | (221) |
| Repositioning and other charges | 695 | 546 | 598 |
| Net payments for repositioning and other charges | (625) | (537) | (530) |
| Pension and other postretirement (income) expense | (360) | (323) | 44 |
| Pension and other postretirement benefit payments | (143) | (122) | (167) |
| Stock compensation expense | 184 | 175 | 187 |
| Deferred income taxes | 76 | 315 | 132 |
| Excess tax benefits from share based payment arrangements | 0 | (81) | (102) |
| Other | 194 | 57 | (271) |
| Changes in assets and liabilities, net of the effects of acquisitions and divestitures: | |||
| Accounts, notes and other receivables | (770) | 211 | (172) |
| Inventories | (18) | 230 | (200) |
| Other current assets | 117 | 80 | 120 |
| Accounts payable | 254 | (17) | 307 |
| Accrued liabilities | 233 | (667) | 181 |
| Net cash provided by operating activities | 5,498 | 5,519 | 5,080 |
| Cash flows from investing activities: | |||
| Expenditures for property, plant and equipment | (1,095) | (1,073) | (1,094) |
| Proceeds from disposals of property, plant and equipment | 21 | 15 | 18 |
| Increase in investments | (3,954) | (6,714) | (4,074) |
| Decrease in investments | 3,681 | 6,587 | 3,288 |
| Cash paid for acquisitions, net of cash acquired | (2,573) | (5,228) | (4) |
| Proceeds from sales of businesses, net of fees paid | 296 | 1 | 160 |
| Other | 282 | (102) | (170) |
| Net cash used for investing activities | (3,342) | (6,514) | (1,876) |
| Cash flows from financing activities: | |||
| Net (decrease) increase in commercial paper and other short-term borrowings | (2,464) | 4,265 | 309 |
| Proceeds from issuance of common stock | 409 | 186 | 265 |
| Proceeds from issuance of long-term debt | 9,245 | 60 | 97 |
| Payments of long-term debt | (2,839) | (880) | (609) |
| Excess tax benefits from share based payment arrangements | 0 | 81 | 102 |
| Repurchases of common stock | (2,079) | (1,884) | (924) |
| Cash dividends paid | (1,915) | (1,726) | (1,510) |
| Payments to purchase the noncontrolling interest | (238) | 0 | 0 |
| AdvanSix pre-separation funding | 269 | 0 | 0 |
| AdvanSix pre-spin borrowing | 38 | 0 | 0 |
| AdvanSix cash at spinoff | (38) | 0 | 0 |
| Other | (42) | (65) | (58) |
| Net cash provided by (used for) financing activities | 346 | 37 | (2,328) |
| Effect of foreign exchange rate changes on cash and cash equivalents | (114) | (546) | (339) |
| Net increase (decrease) in cash and cash equivalents | 2,388 | (1,504) | 537 |
| Cash and cash equivalents at beginning of period | 5,455 | 6,959 | |
| Cash and cash equivalents at end of period | 7,843 | 5,455 | 6,959 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
HONEYWELL INTERNATIONAL INC | ||
Ticker: HON Fiscal Year: 2016 | ||
CONSOLIDATED BALANCE SHEET | ||
Period Ending Dec 31, 2016 10-K (Filed: Feb 10, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2016 | Dec 31, 2015 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 7,843 | 5,455 |
| Accounts, notes and other receivables | 8,818 | 8,075 |
| Inventories | 4,366 | 4,420 |
| Investments and other current assets | 2,031 | 2,103 |
| Total current assets | 23,058 | 20,053 |
| Investments and long-term receivables | 587 | 517 |
| Property, plant and equipment - net | 5,793 | 5,789 |
| Goodwill | 17,707 | 15,895 |
| Other intangible assets - net | 4,634 | 4,577 |
| Insurance recoveries for asbestos related liabilities | 417 | 426 |
| Deferred income taxes | 347 | 283 |
| Other assets | 1,603 | 1,776 |
| Total assets | 54,146 | 49,316 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | 5,690 | 5,580 |
| Commercial paper and other short-term borrowings | 3,366 | 5,937 |
| Current maturities of long-term debt | 227 | 577 |
| Accrued liabilities | 7,048 | 6,277 |
| Total current liabilities | 16,331 | 18,371 |
| Long-term debt | 12,182 | 5,554 |
| Deferred income taxes | 486 | 558 |
| Postretirement benefit obligations other than pensions | 473 | 526 |
| Asbestos related liabilities | 1,014 | 1,251 |
| Other liabilities | 4,110 | 4,348 |
| Redeemable noncontrolling interest | 3 | 290 |
| SHAREOWNERS' EQUITY | ||
| Capital - common stock issued | 958 | 958 |
| Capital - additional paid in capital | 5,781 | 5,377 |
| Common stock held in treasury, at cost | (13,366) | (11,664) |
| Accumulated other comprehensive income (loss) | (2,714) | (2,535) |
| Retained earnings | 28,710 | 26,147 |
| Total Honeywell shareowners' equity | 19,369 | 18,283 |
| Noncontrolling interest | 178 | 135 |
| Total shareowners' equity | 19,547 | 18,418 |
| Total liabilities, redeemable noncontrolling interest, and shareowners' equity | 54,146 | 49,316 |
| External Links | |
| HONEYWELL INTERNATIONAL INC (HON) Fiscal Year 2016 | |
| 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 |