XML 42 R24.htm IDEA: XBRL DOCUMENT v3.20.2
REPOSITIONING AND OTHER CHARGES (Tables)
6 Months Ended
Jun. 30, 2020
Restructuring and Related Activities [Abstract]  
Repositioning and other charges
A summary of repositioning and other charges follows:
Three Months Ended June 30,Six Months Ended June 30,
 2020201920202019
Severance$254  $75  $320  $106  
Asset impairments4  —  6  11  
Exit costs15  11  30  29  
Reserve adjustments(18) (2) (31) (4) 
Total net repositioning charge255  84  325  142  
Asbestos related litigation charges, net of insurance and reimbursements9  6  20  17  
Probable and reasonably estimable environmental liabilities, net of reimbursements6  39  14  53  
Other10  (3) (17) (2) 
Total net repositioning and other charges$280  $126  $342  $210  
Pretax distribution of total net repositioning and other charges by income statement classification
The following table summarizes the pretax distribution of total net repositioning and other charges by classification:
 Three Months Ended June 30,Six Months Ended June 30,
 2020201920202019
Cost of products and services sold$175  $74  $195  $129  
Selling, general and administrative expenses105  52  147  81  
 $280  $126  $342  $210  
Pretax Impact of Total Net Repositioning and Other Charges by Segment
The following table summarizes the pretax impact of total net repositioning and other charges by segment:
Three Months Ended June 30,Six Months Ended June 30,
 2020201920202019
Aerospace$107  $4  $118  $20  
Honeywell Building Technologies33  —  58  8  
Performance Materials and Technologies84  34  105  33  
Safety and Productivity Solutions11  43  17  48  
Corporate45  45  44  101  
 $280  $126  $342  $210  
Total Repositioning Reserves
The following table summarizes the status of our total repositioning reserves:
Severance
Costs
Asset
Impairments
Exit
Costs
Total
December 31, 2019$555  $—  $96  $651  
Charges320  6  30  356  
Usage - cash(135) —  (37) (172) 
Usage - noncash—  (6) —  (6) 
Foreign currency translation4  —  —  4  
Adjustments(30) —  (1) (31) 
June 30, 2020$714  $—  $88  $802