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Segment Financial Data
6 Months Ended
Jun. 27, 2026
Segment Reporting [Abstract]  
Segment Financial Data Segment Financial Data
The Company manages its global business operations through three operating segments, each of which also qualifies as a reportable segment. Segment information is consistent with how the President and Chief Executive Officer of Aerospace, who is the Chief Operating Decision Maker (“CODM”), reviews the Company’s business, makes investing and resource allocation decisions, and assesses operating performance.
Segment profit and Segment adjusted EBIT are measures of segment profitability used by the CODM, and Segment profit is the measure most consistent with amounts included in the Condensed Combined Financial Statements. The CODM evaluates segment performance based on Segment profit, by comparing budget-to-actual and period-over-period results. Each Segment’s profit excludes taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. Transaction costs consist of professional advisory services fees related to the Spin-off.
The Company does not report asset information by segment for internal or external reporting purposes as the Company’s CODM does not assess performance, make strategic decisions, or allocate resources based on assets.
The below table summarizes information about significant segment net sales and expenses and other segment items, for each historical period:
Three Months Ended June 27, 2026
Electronic SolutionsEngines & Power Systems
Control Systems
Corporate and All Other
Total Honeywell Aerospace
Net sales$1,774 $1,406 $1,342 $4,522 
Less
Cost of products and services sold1
1,047 1,075 816 
Other segment items2
268 157 137 
Total segment profit
$459 $174 $389 $(27)$995 
Depreciation and amortization
$36 $35 $29 $— $100 
__________________
1.Amounts exclude acquisition-related intangibles amortization, repositioning charges, and environmental expenses.
2.For each reportable segment, the other segment items category includes corporate allocations, equity income of affiliated companies, Selling, general and administrative, and Research and development expenses.
Three Months Ended June 28, 2025
Electronic SolutionsEngines & Power Systems
Control Systems
Corporate and All OtherTotal Honeywell Aerospace
Net sales$1,645 $1,390 $1,254 $4,289 
Less
Cost of products and services sold1
915 1,004 789 
Other segment items2
255 130 104 
Total segment profit $475 $256 $361 $(26)$1,066 
Depreciation and amortization$34 $32 $27 $— $93 
__________________
1.Amounts exclude acquisition-related intangibles amortization, repositioning charges, and environmental expenses.
2.For each reportable segment, the other segment items category includes corporate allocations, equity income of affiliated companies, Selling, general and administrative, and Research and development expenses.

Six Months Ended June 27, 2026
Electronic SolutionsEngines & Power SystemsControl SystemsCorporate and All OtherTotal Honeywell Aerospace
Net sales$3,515 $2,826 $2,533 $8,874 
Less
Cost of products and services sold1
2,006 2,072 1,560 
Other segment items2
540 299 257 
Total segment profit $969 $455 $716 $(50)$2,090 
Depreciation and amortization$67 $68 $54 $— $189 
__________________
1.Amounts exclude acquisition-related intangibles amortization, repositioning charges, and environmental expenses.
2.For each reportable segment, the other segment items category includes corporate allocations, equity income of affiliated companies, Selling, general and administrative, and Research and development expenses.
Six Months Ended June 28, 2025
Electronic SolutionsEngines & Power SystemsControl SystemsCorporate and All OtherTotal Honeywell Aerospace
Net sales$3,195 $2,664 $2,504 $8,363 
Less
Cost of products and services sold1
1,811 1,949 1,482 
Other segment items2
499 266 214 
Total segment profit $885 $449 $808 $(36)$2,106 
Depreciation and amortization$68 $61 $49 $— $178 
__________________
1.Amounts exclude acquisition-related intangibles amortization, repositioning charges, and environmental expenses.
2.For each reportable segment, the other segment items category includes corporate allocations, equity income of affiliated companies, Selling, general and administrative, and Research and development expenses.
A reconciliation of Segment profit to Income before taxes is as follows:
Three Months Ended Six Months Ended
June 27, 2026June 28, 2025June 27, 2026June 28, 2025
Electronic Solutions$459 $475 $969 $885 
Engines & Power Systems174 256 455 449 
Control Systems389 361 716 808 
Corporate and All Other(27)(26)(50)(36)
Total segment profit
995 1,066 2,090 2,106 
Amortization of acquisition-related intangibles1
(22)(17)(44)(34)
Stock compensation expense2
(36)(22)(61)(46)
Transaction costs3
(329)(17)(522)(17)
Environmental expenses4
(20)(24)(42)(105)
Interest and other financial charges(200)— (229)— 
Other, net5
(10)14 (14)29 
Income before taxes $378 $1,000 $1,178 $1,933 
__________________
1.Amounts included in Cost of products and services sold and Selling, general and administrative expenses.
2.Amounts included in Selling, general and administrative expenses.
3.Amounts included in Selling, general and administrative expenses and Other expense, net.
4.Amounts included in Cost of products and services sold and Other expense, net.
5.Amounts include pension income (expense), repositioning charges, and other expenses.