10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2018 | |||
CONSOLIDATED STATEMENT OF OPERATIONS | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 8, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Consolidated Statement of Operations | |||
| Net Sales | $ 41,802 | 40,534 | 39,302 |
| Costs, expenses and other | |||
| Cost of products and services sold | 29,046 | 28,144 | 27,677 |
| Selling, general and administrative expenses | 6,051 | 6,087 | 5,574 |
| Other (income) expense | (1,149) | (963) | (739) |
| Interest and other financial charges | 367 | 316 | 338 |
| Cost, operating and non-operating expenses | 34,315 | 33,584 | 32,850 |
| Income before taxes | 7,487 | 6,950 | 6,452 |
| Tax expense | 659 | 5,362 | 1,603 |
| Net income | 6,828 | 1,588 | 4,849 |
| Less: Net income attributable to the noncontrolling interest | 63 | 43 | 37 |
| Net income attributable to Honeywell | 6,765 | 1,545 | 4,812 |
| Earnings per share of common stock - basic | 9.1000 | 2.0300 | 6.3000 |
| Earnings per share of common stock - assuming dilution | 8.9800 | 2.0000 | 6.2100 |
| Product Or Service | |||
| Products | |||
| Net Sales | 32,848 | 32,317 | 31,362 |
| Cost of products and services sold | 23,634 | 23,176 | 22,612 |
| Services | |||
| Net Sales | 8,954 | 8,217 | 7,940 |
| Cost of products and services sold | 5,412 | 4,968 | 5,065 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2018 | |||
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 8, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Net income | $ 6,828 | 1,588 | 4,849 |
| Other Comprehensive Income (Loss), Net Of Tax [Abstract] | |||
| Foreign exchange translation adjustment | (685) | (37) | (52) |
| Actuarial gains (losses) | (602) | 753 | (443) |
| Prior service (cost) credit | 2 | (59) | (18) |
| Prior service credit recognized during year | (74) | (70) | (78) |
| Actuarial losses recognized during year | 35 | 83 | 236 |
| Settlements and curtailments | 2 | 19 | (5) |
| Foreign exchange translation and other | 31 | (49) | 73 |
| Pensions and other postretirement benefit adjustments | (606) | 677 | (235) |
| Effective portion of cash flow hedges recognized in other comprehensive income | 89 | (101) | 103 |
| Less: Reclassification adjustment for (losses) gains included in net income | 4 | 60 | (5) |
| Changes in fair value of effective cash flow hedges | 85 | (161) | 108 |
| Other comprehensive income (loss), net of tax | (1,206) | 479 | (179) |
| Comprehensive income | 5,622 | 2,067 | 4,670 |
| Less: Comprehensive income attributable to the noncontrolling interest | 53 | 51 | 29 |
| Comprehensive income attributable to Honeywell | 5,569 | 2,016 | 4,641 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2018 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 8, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Cash flows from operating activities: | |||
| Net income | $ 6,828 | 1,588 | 4,849 |
| Less: Net income attributable to the noncontrolling interest | 63 | 43 | 37 |
| Net income attributable to Honeywell | 6,765 | 1,545 | 4,812 |
| Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities: | |||
| Depreciation | 721 | 717 | 726 |
| Amortization | 395 | 398 | 304 |
| {Gain) loss on sale of non-strategic businesses and assets | 0 | 7 | (178) |
| Repositioning and other charges | 1,091 | 973 | 690 |
| Net payments for repositioning and other charges | (652) | (628) | (625) |
| Pension and other postretirement (income) expense | (987) | (647) | (360) |
| Pension and other postretirement benefit payments | (80) | (106) | (143) |
| Stock compensation expense | 175 | 176 | 184 |
| Deferred income taxes | (586) | 2,452 | 78 |
| Other | (694) | 1,642 | 194 |
| Changes in assets and liabilities, net of the effects of acquisitions and divestitures: | |||
| Accounts receivable | (236) | (682) | (547) |
| Inventories | (503) | (259) | (18) |
| Other current assets | 218 | (568) | (106) |
| Accounts payable | 733 | 924 | 254 |
| Accrued liabilities | 74 | 22 | 233 |
| Net cash provided by operating activities | 6,434 | 5,966 | 5,498 |
| Cash flows from investing activities: | |||
| Expenditures for property, plant and equipment | (828) | (1,031) | (1,095) |
| Proceeds from disposals of property, plant and equipment | 15 | 86 | 21 |
| Increase in investments | (4,059) | (6,743) | (3,954) |
| Decrease in investments | 6,032 | 4,414 | 3,681 |
| Cash paid for acquisitions, net of cash acquired | (535) | (82) | (2,573) |
| Proceeds from sales of businesses, net of fees paid | 0 | 0 | 296 |
| Other | 402 | (218) | 282 |
| Net cash provided by (used for) investing activities | 1,027 | (3,574) | (3,342) |
| Cash flows from financing activities: | |||
| Proceeds from issuance of commercial paper and other short-term borrowings | 23,891 | 13,701 | 18,997 |
| Payments of commercial paper and other short-term borrowings | (24,095) | (13,532) | (21,461) |
| Proceeds from issuance of common stock | 267 | 520 | 409 |
| Proceeds from issuance of long-term debt | 27 | 1,238 | 9,245 |
| Payments of long-term debt | (1,330) | (292) | (2,839) |
| Repurchases of common stock | (4,000) | (2,889) | (2,079) |
| Cash dividends paid | (2,272) | (2,119) | (1,915) |
| Payments to purchase the noncontrolling interest | 0 | 0 | (238) |
| Pre-separation funding | 2,801 | 0 | 269 |
| Pre-spin borrowing | 0 | 0 | 38 |
| Spin-off cash | (179) | 0 | (38) |
| Other | (142) | (143) | (42) |
| Net cash (used for) provided by financing activities | (5,032) | (3,516) | 346 |
| Effect of foreign exchange rate changes on cash and cash equivalents | (201) | 340 | (114) |
| Net increase (decrease) in cash and cash equivalents | 2,228 | (784) | 2,388 |
| Cash and cash equivalents at beginning of period | 7,059 | 7,843 | |
| Cash and cash equivalents at end of period | 9,287 | 7,059 | 7,843 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
HONEYWELL INTERNATIONAL INC | ||
Ticker: HON Fiscal Year: 2018 | ||
CONSOLIDATED BALANCE SHEET | ||
Period Ending Dec 31, 2018 10-K (Filed: Feb 8, 2019) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2018 | Dec 31, 2017 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 9,287 | 7,059 |
| Short-term investments | 1,623 | 3,758 |
| Accounts receivable - net | 7,508 | 8,866 |
| Inventories | 4,326 | 4,613 |
| Other current assets | 1,618 | 1,706 |
| Total current assets | 24,362 | 26,002 |
| Investments and long-term receivables | 742 | 667 |
| Property, plant and equipment - net | 5,296 | 5,926 |
| Goodwill | 15,546 | 18,277 |
| Other intangible assets - net | 4,139 | 4,496 |
| Insurance recoveries for asbestos related liabilities | 437 | 479 |
| Deferred income taxes | 382 | 251 |
| Other assets | 6,869 | 3,372 |
| Total assets | 57,773 | 59,470 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | 5,607 | 6,584 |
| Commercial paper and other short-term borrowings | 3,586 | 3,958 |
| Current maturities of long-term debt | 2,872 | 1,351 |
| Accrued liabilities | 6,859 | 6,968 |
| Total current liabilities | 18,924 | 18,861 |
| Long-term debt | 9,756 | 12,573 |
| Deferred income taxes | 1,713 | 2,664 |
| Postretirement benefit obligations other than pensions | 344 | 512 |
| Asbestos related liabilities | 2,269 | 2,260 |
| Other liabilities | 6,402 | 5,930 |
| Redeemable noncontrolling interest | 7 | 5 |
| SHAREOWNERS' EQUITY | ||
| Capital - common stock issued | 958 | 958 |
| Capital - additional paid in capital | 6,452 | 6,212 |
| Common stock held in treasury, at cost | (19,771) | (15,914) |
| Accumulated other comprehensive income (loss) | (3,437) | (2,235) |
| Retained earnings | 33,978 | 27,481 |
| Total Honeywell shareowners' equity | 18,180 | 16,502 |
| Noncontrolling interest | 178 | 163 |
| Total shareowners' equity | 18,358 | 16,665 |
| Total liabilities, redeemable noncontrolling interest, and shareowners' equity | 57,773 | 59,470 |
| External Links | |
| HONEYWELL INTERNATIONAL INC (HON) Fiscal Year 2018 | |
| 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 |