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: 2019 | |||
CONSOLIDATED STATEMENT OF OPERATIONS | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 14, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Income Statement [Abstract] | |||
| Net Sales | $ 36,709 | 41,802 | 40,534 |
| Costs and Expenses [Abstract] | |||
| Cost of products and services sold | 24,339 | 29,046 | 28,144 |
| Selling, general and administrative expenses | 5,519 | 6,051 | 6,087 |
| Other (income) expense | (1,065) | (1,149) | (963) |
| Interest and other financial charges | 357 | 367 | 316 |
| Cost, operating and non-operating expenses | 29,150 | 34,315 | 33,584 |
| Income before taxes | 7,559 | 7,487 | 6,950 |
| Tax expense | 1,329 | 659 | 5,362 |
| Net income | 6,230 | 6,828 | 1,588 |
| Less: Net income attributable to the noncontrolling interest | 87 | 63 | 43 |
| Net income attributable to Honeywell | 6,143 | 6,765 | 1,545 |
| Earnings per share of common stock - basic | 8.52 | 9.10 | 2.03 |
| Earnings per share of common stock - assuming dilution | 8.41 | 8.98 | 2.00 |
| Product and Service | |||
| Products | |||
| Net Sales | 27,629 | 32,848 | 32,317 |
| Cost of products and services sold | 19,269 | 23,634 | 23,176 |
| Services | |||
| Net Sales | 9,080 | 8,954 | 8,217 |
| Cost of products and services sold | 5,070 | 5,412 | 4,968 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2019 | |||
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 14, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Net income | $ 6,230 | 6,828 | 1,588 |
| Other Comprehensive Income (Loss), Net Of Tax [Abstract] | |||
| Foreign exchange translation adjustment | 143 | (685) | (37) |
| Actuarial gains (losses) recognized | 162 | (602) | 753 |
| Prior service credit (cost) recognized | 1 | 2 | (59) |
| Prior service credit recognized during year | (79) | (74) | (70) |
| Actuarial (gains) losses recognized during year | 16 | 35 | 83 |
| Settlements and curtailments | 0 | 2 | 19 |
| Foreign exchange translation and other | (14) | 31 | (49) |
| Pensions and other postretirement benefit adjustments | 86 | (606) | 677 |
| Cash flow hedges recognized in other comprehensive income | 103 | 89 | (101) |
| Less: Reclassification adjustment for gains (losses) included in net income | 92 | 4 | 60 |
| Changes in fair value of cash flow hedges | 11 | 85 | (161) |
| Other comprehensive income (loss), net of tax | 240 | (1,206) | 479 |
| Comprehensive income | 6,470 | 5,622 | 2,067 |
| Less: Comprehensive income attributable to the noncontrolling interest | 82 | 53 | 51 |
| Comprehensive income attributable to Honeywell | 6,388 | 5,569 | 2,016 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2019 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 14, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Net Cash Provided by (Used in) Operating Activities [Abstract] | |||
| Net income | $ 6,230 | 6,828 | 1,588 |
| Less: Net income attributable to the noncontrolling interest | 87 | 63 | 43 |
| Net income attributable to Honeywell | 6,143 | 6,765 | 1,545 |
| Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities [Abstract] | |||
| Depreciation | 673 | 721 | 717 |
| Amortization | 415 | 395 | 398 |
| {Gain) loss on sale of non-strategic businesses and assets | 1 | 0 | 7 |
| Repositioning and other charges | 546 | 1,091 | 973 |
| Net payments for repositioning and other charges | (376) | (652) | (628) |
| Pension and other postretirement income | (516) | (987) | (647) |
| Pension and other postretirement benefit payments | (78) | (80) | (106) |
| Stock compensation expense | 153 | 175 | 176 |
| Deferred income taxes | 179 | (586) | 2,452 |
| Other | (287) | (694) | 1,642 |
| Changes in assets and liabilities, net of the effects of acquisitions and divestitures: [Abstract] | |||
| Accounts receivable | 11 | (236) | (682) |
| Inventories | (100) | (503) | (259) |
| Other current assets | (430) | 218 | (568) |
| Accounts payable | 118 | 733 | 924 |
| Accrued liabilities | 445 | 74 | 22 |
| Net cash provided by (used for) operating activities | 6,897 | 6,434 | 5,966 |
| Cash flows from investing activities: [Abstract] | |||
| Expenditures for property, plant and equipment | (839) | (828) | (1,031) |
| Proceeds from disposals of property, plant and equipment | 43 | 15 | 86 |
| Increase in investments | (4,253) | (4,059) | (6,743) |
| Decrease in investments | 4,464 | 6,032 | 4,414 |
| Cash paid for acquisitions, net of cash acquired | (50) | (535) | (82) |
| Other | 102 | 402 | (218) |
| Net cash provided by (used for) investing activities | (533) | 1,027 | (3,574) |
| Cash flows from financing activities: [Abstract] | |||
| Proceeds from issuance of commercial paper and other short-term borrowings | 14,199 | 23,891 | 13,701 |
| Payments of commercial paper and other short-term borrowings | (14,199) | (24,095) | (13,532) |
| Proceeds from issuance of common stock | 498 | 267 | 520 |
| Proceeds from issuance of long-term debt | 2,726 | 27 | 1,238 |
| Payments of long-term debt | (2,903) | (1,330) | (292) |
| Repurchases of common stock | (4,400) | (4,000) | (2,889) |
| Cash dividends paid | (2,442) | (2,272) | (2,119) |
| Pre-separation funding | 0 | 2,801 | 0 |
| Spin-off cash | 0 | (179) | 0 |
| Other | (79) | (142) | (143) |
| Net cash provided by (used for) financing activities | (6,600) | (5,032) | (3,516) |
| Effect of foreign exchange rate changes on cash and cash equivalents | 16 | (201) | 340 |
| Net increase (decrease) in cash and cash equivalents | (220) | 2,228 | (784) |
| Cash and cash equivalents at beginning of period | 9,287 | 7,059 | |
| Cash and cash equivalents at end of period | 9,067 | 9,287 | 7,059 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
HONEYWELL INTERNATIONAL INC | ||
Ticker: HON Fiscal Year: 2019 | ||
CONSOLIDATED BALANCE SHEET | ||
Period Ending Dec 31, 2019 10-K (Filed: Feb 14, 2020) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2019 | Dec 31, 2018 | |
| Assets [Abstract] | ||
| Assets, Current [Abstract] | ||
| Cash and cash equivalents | $ 9,067 | 9,287 |
| Short-term investments | 1,349 | 1,623 |
| Accounts receivable - net | 7,493 | 7,508 |
| Inventories | 4,421 | 4,326 |
| Other current assets | 1,973 | 1,618 |
| Total current assets | 24,303 | 24,362 |
| Investments and long-term receivables | 588 | 742 |
| Property, plant and equipment - net | 5,325 | 5,296 |
| Goodwill | 15,563 | 15,546 |
| Other intangible assets - net | 3,734 | 4,139 |
| Insurance recoveries for asbestos related liabilities | 392 | 437 |
| Deferred income taxes | 86 | 382 |
| Other assets | 8,688 | 6,869 |
| Total assets | 58,679 | 57,773 |
| Liabilities [Abstract] | ||
| Liabilities, Current [Abstract] | ||
| Accounts payable | 5,730 | 5,607 |
| Commercial paper and other short-term borrowings | 3,516 | 3,586 |
| Current maturities of long-term debt | 1,376 | 2,872 |
| Accrued liabilities | 7,476 | 6,859 |
| Total current liabilities | 18,098 | 18,924 |
| Long-term debt | 11,110 | 9,756 |
| Deferred income taxes | 1,670 | 1,713 |
| Postretirement benefit obligations other than pensions | 326 | 344 |
| Asbestos related liabilities | 1,996 | 2,269 |
| Other liabilities | 6,766 | 6,402 |
| Redeemable noncontrolling interest | 7 | 7 |
| SHAREOWNERS' EQUITY [Abstract] | ||
| Capital - common stock issued | 958 | 958 |
| Capital - additional paid in capital | 6,876 | 6,452 |
| Common stock held in treasury, at cost | (23,836) | (19,771) |
| Accumulated other comprehensive income (loss) | (3,197) | (3,437) |
| Retained earnings | 37,693 | 33,978 |
| Total Honeywell shareowners' equity | 18,494 | 18,180 |
| Noncontrolling interest | 212 | 178 |
| Total shareowners' equity | 18,706 | 18,358 |
| Total liabilities, redeemable noncontrolling interest, and shareowners' equity | 58,679 | 57,773 |
| External Links | |
| HONEYWELL INTERNATIONAL INC (HON) Fiscal Year 2019 | |
| 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 |