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CONSOLIDATED STATEMENT OF OPERATIONS (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net sales $ 8,951 $ 8,473 $ 26,280 $ 25,735
Costs, expenses and other        
Costs of products and services sold 5,981 5,746 17,701 17,458
Selling, general and administrative expenses 1,228 1,152 3,965 3,595
Other (income) expense (337) (215) (846) (1,023)
Interest and other financial charges 98 90 270 263
Costs, expenses and other 6,970 6,773 21,090 20,293
Income before taxes 1,981 1,700 5,190 5,442
Tax expense 432 427 1,244 1,274
Net income 1,549 1,273 3,946 4,168
Less: Net income (loss) attributable to the noncontrolling interest (3) 16 (1) 54
Net income attributable to Honeywell $ 1,552 $ 1,257 $ 3,947 $ 4,114
Earnings per share of common stock - basic (in dollars per share) $ 2.30 $ 1.82 $ 5.81 $ 5.93
Earnings per share of common stock - assuming dilution (in dollars per share) $ 2.28 $ 1.80 $ 5.76 $ 5.86
Product        
Net sales $ 6,588 $ 6,233 $ 19,404 $ 19,281
Costs, expenses and other        
Costs of products and services sold 4,630 4,463 13,676 13,748
Service        
Net sales 2,363 2,240 6,876 6,454
Costs, expenses and other        
Costs of products and services sold $ 1,351 $ 1,283 $ 4,025 $ 3,710