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: 2021 | |||
CONSOLIDATED STATEMENT OF OPERATIONS | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 11, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Income Statement [Abstract] | |||
| Net Sales | $ 34,392 | 32,637 | 36,709 |
| Costs and Expenses [Abstract] | |||
| Cost of products and services sold | 23,394 | 22,169 | 24,339 |
| Selling, general and administrative expenses | 4,798 | 4,772 | 5,519 |
| Other (income) expense | (1,378) | (675) | (1,065) |
| Interest and other financial charges | 343 | 359 | 357 |
| Cost, operating and non-operating expenses | 27,157 | 26,625 | 29,150 |
| Income before taxes | 7,235 | 6,012 | 7,559 |
| Tax expense | 1,625 | 1,147 | 1,329 |
| Net income | 5,610 | 4,865 | 6,230 |
| Less: Net income attributable to the noncontrolling interest | 68 | 86 | 87 |
| Net income attributable to Honeywell | 5,542 | 4,779 | 6,143 |
| Earnings per share of common stock - basic | 8.0100 | 6.7900 | 8.5200 |
| Earnings per share of common stock - assuming dilution | 7.9100 | 6.7200 | 8.4100 |
| Product and Service | |||
| Products | |||
| Net Sales | 25,643 | 24,737 | 27,629 |
| Cost of products and services sold | 18,344 | 17,638 | 19,269 |
| Services | |||
| Net Sales | 8,749 | 7,900 | 9,080 |
| Cost of products and services sold | 5,050 | 4,531 | 5,070 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2021 | |||
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 11, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Net income | $ 5,610 | 4,865 | 6,230 |
| Other Comprehensive Income (Loss), Net Of Tax [Abstract] | |||
| Foreign exchange translation adjustment | 302 | (211) | 143 |
| Actuarial gains (losses) recognized | 256 | 91 | 162 |
| Prior service credit (cost) recognized | 7 | 47 | 1 |
| Prior service credit recognized during year | (87) | (82) | (79) |
| Actuarial (gains) losses recognized during year | 5 | 41 | 16 |
| Foreign exchange translation and other | 5 | (23) | (14) |
| Pensions and other postretirement benefit adjustments | 186 | 74 | 86 |
| Changes in fair value of available for sale investments | (3) | 4 | 0 |
| Cash flow hedges recognized in other comprehensive income | 17 | 10 | 103 |
| Less: Reclassification adjustment for gains (losses) included in net income | 20 | 54 | 92 |
| Changes in fair value of cash flow hedges | (3) | (44) | 11 |
| Other comprehensive income (loss), net of tax | 482 | (177) | 240 |
| Comprehensive income | 6,092 | 4,688 | 6,470 |
| Less: Comprehensive income attributable to the noncontrolling interest | 64 | 89 | 82 |
| Comprehensive income attributable to Honeywell | 6,028 | 4,599 | 6,388 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HONEYWELL INTERNATIONAL INC | |||
Ticker: HON Fiscal Year: 2021 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 11, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Net Cash Provided by (Used in) Operating Activities [Abstract] | |||
| Net income | $ 5,610 | 4,865 | 6,230 |
| Less: Net income attributable to the noncontrolling interest | 68 | 86 | 87 |
| Net income attributable to Honeywell | 5,542 | 4,779 | 6,143 |
| Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities [Abstract] | |||
| Depreciation | 674 | 644 | 673 |
| Amortization | 549 | 358 | 415 |
| Loss (gain) on sale of non-strategic businesses and assets | (102) | 3 | 1 |
| Repositioning and other charges | 569 | 575 | 546 |
| Net payments for repositioning and other charges | (692) | (833) | (376) |
| Pension and other postretirement income | (1,114) | (798) | (516) |
| Pension and other postretirement benefit payments | (43) | (47) | (78) |
| Stock compensation expense | 217 | 168 | 153 |
| Deferred income taxes | 178 | (175) | 179 |
| Reimbursement receivables charge | 0 | 509 | 0 |
| Other | (28) | (338) | (287) |
| Changes in assets and liabilities, net of the effects of acquisitions and divestitures: [Abstract] | |||
| Accounts receivable | (8) | 669 | 11 |
| Inventories | (685) | (67) | (100) |
| Other current assets | (276) | 191 | (430) |
| Accounts payable | 744 | 15 | 118 |
| Accrued liabilities | 513 | 555 | 445 |
| Net cash provided by (used for) operating activities | 6,038 | 6,208 | 6,897 |
| Cash flows from investing activities: [Abstract] | |||
| Expenditures for property, plant and equipment | (895) | (906) | (839) |
| Proceeds from disposals of property, plant and equipment | 27 | 57 | 43 |
| Increase in investments | (2,373) | (3,236) | (4,253) |
| Decrease in investments | 2,525 | 3,508 | 4,464 |
| Receipts from Garrett Motion Inc. | 586 | 0 | 0 |
| Receipts (payments) from settlements of derivative contracts | 192 | (149) | 102 |
| Cash paid for acquisitions, net of cash acquired | (1,326) | (261) | (50) |
| Proceeds from sales of businesses, net of fees paid | 203 | 0 | 0 |
| Net cash provided by (used for) investing activities | (1,061) | (987) | (533) |
| Cash flows from financing activities: [Abstract] | |||
| Proceeds from issuance of commercial paper and other short-term borrowings | 5,194 | 10,474 | 14,199 |
| Payments of commercial paper and other short-term borrowings | (5,190) | (10,400) | (14,199) |
| Proceeds from issuance of common stock | 229 | 393 | 498 |
| Proceeds from issuance of long-term debt | 2,517 | 10,125 | 2,726 |
| Payments of long-term debt | (4,917) | (4,308) | (2,903) |
| Repurchases of common stock | (3,380) | (3,714) | (4,400) |
| Cash dividends paid | (2,626) | (2,592) | (2,442) |
| Other | (81) | (59) | (79) |
| Net cash provided by (used for) financing activities | (8,254) | (81) | (6,600) |
| Effect of foreign exchange rate changes on cash and cash equivalents | (39) | 68 | 16 |
| Net increase (decrease) in cash and cash equivalents | (3,316) | 5,208 | (220) |
| Cash and cash equivalents at beginning of period | 14,275 | 9,067 | |
| Cash and cash equivalents at end of period | 10,959 | 14,275 | 9,067 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
HONEYWELL INTERNATIONAL INC | ||
Ticker: HON Fiscal Year: 2021 | ||
CONSOLIDATED BALANCE SHEET | ||
Period Ending Dec 31, 2021 10-K (Filed: Feb 11, 2022) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2021 | Dec 31, 2020 | |
| Assets [Abstract] | ||
| Assets, Current [Abstract] | ||
| Cash and cash equivalents | $ 10,959 | 14,275 |
| Short-term investments | 564 | 945 |
| Accounts receivable, less allowances | 6,830 | 6,827 |
| Inventories | 5,138 | 4,489 |
| Other current assets | 1,881 | 1,639 |
| Total current assets | 25,372 | 28,175 |
| Investments and long-term receivables | 1,222 | 685 |
| Property, plant and equipment - net | 5,562 | 5,570 |
| Goodwill | 17,756 | 16,058 |
| Other intangible assets - net | 3,613 | 3,560 |
| Insurance recoveries for asbestos related liabilities | 322 | 366 |
| Deferred income taxes | 489 | 760 |
| Other assets | 10,134 | 9,412 |
| Total assets | 64,470 | 64,586 |
| Liabilities [Abstract] | ||
| Liabilities, Current [Abstract] | ||
| Accounts payable | 6,484 | 5,750 |
| Commercial paper and other short-term borrowings | 3,542 | 3,597 |
| Current maturities of long-term debt | 1,803 | 2,445 |
| Accrued liabilities | 7,679 | 7,405 |
| Total current liabilities | 19,508 | 19,197 |
| Long-term debt | 14,254 | 16,342 |
| Deferred income taxes | 2,364 | 2,113 |
| Postretirement benefit obligations other than pensions | 208 | 242 |
| Asbestos related liabilities | 1,800 | 1,920 |
| Other liabilities | 7,087 | 6,975 |
| Redeemable noncontrolling interest | 7 | 7 |
| SHAREOWNERS' EQUITY [Abstract] | ||
| Capital - common stock issued | 958 | 958 |
| Capital - additional paid in capital | 8,141 | 7,292 |
| Common stock held in treasury, at cost | (30,462) | (27,229) |
| Accumulated other comprehensive income (loss) | (2,895) | (3,377) |
| Retained earnings | 42,827 | 39,905 |
| Total Honeywell shareowners' equity | 18,569 | 17,549 |
| Noncontrolling interest | 673 | 241 |
| Total shareowners' equity | 19,242 | 17,790 |
| Total liabilities, redeemable noncontrolling interest, and shareowners' equity | 64,470 | 64,586 |
| External Links | |
| HONEYWELL INTERNATIONAL INC (HON) Fiscal Year 2021 | |
| 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 |