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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 9,281 $ 10,959
Short-term investments 493 564
Accounts receivable, less allowances of $326 and $177, respectively 7,119 6,830
Inventories 5,472 5,138
Other current assets 1,916 1,881
Total current assets 24,281 25,372
Investments and long-term receivables 1,035 1,222
Property, plant and equipment - net 5,470 5,562
Goodwill 17,863 17,756
Other intangible assets - net 3,534 3,613
Insurance recoveries for asbestos related liabilities 314 322
Deferred income taxes 494 489
Other assets 10,361 10,134
Total assets 63,352 64,470
Current liabilities:    
Accounts payable 6,285 6,484
Commercial paper and other short-term borrowings 3,526 3,542
Current maturities of long-term debt 3,207 1,803
Accrued liabilities 7,009 7,679
Total current liabilities 20,027 19,508
Long-term debt 12,636 14,254
Deferred income taxes 2,387 2,364
Postretirement benefit obligations other than pensions 220 208
Asbestos-related liabilities 1,807 1,800
Other liabilities 7,217 7,087
Redeemable noncontrolling interest 7 7
SHAREOWNERS’ EQUITY    
Capital - common stock issued 958 958
Capital - additional paid in capital 8,326 8,141
Common stock held in treasury, at cost (31,420) (30,462)
Accumulated other comprehensive loss (2,787) (2,895)
Retained earnings 43,288 42,827
Total Honeywell shareowners’ equity 18,365 18,569
Noncontrolling interest 686 673
Total shareowners’ equity 19,051 19,242
Total liabilities, redeemable noncontrolling interest and shareowners’ equity $ 63,352 $ 64,470