REPOSITIONING AND OTHER CHARGES (Tables)

9 Months Ended

Sep. 30, 2022

Restructuring and Related Activities [Abstract]

Repositioning and Other Charges

A summary of repositioning and other charges follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
Severance		$	43		$	3		$	75		$	63
Asset impairments		5			20			153			107
Exit costs		20			46			78			110
Reserve adjustments		(2)			3			(54)			(18)
Total net repositioning charge		66			72			252			262
Asbestos related litigation charges, net of insurance and reimbursements		29			24			115			68
Probable and reasonably estimable environmental liabilities, net of reimbursements		3			3			19			14
Other		2			(3)			328			(6)
Total net repositioning and other charges		$	100		$	96		$	714		$	338

Pretax Distribution of Total Net Repositioning and Other Charges

The following table summarizes the pretax distribution of total net repositioning and other charges by classification:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
Cost of products and services sold		$	85		$	63		$	429		$	248
Selling, general and administrative expenses		24			33			237			90
Other (income) expense		(9)			—			48			—
		$	100		$	96		$	714		$	338

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. These amounts are excluded from segment profit as described in Note 17 Segment Financial Data:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
Aerospace		$	(2)		$	(2)		$	34		$	55
Honeywell Building Technologies		10			5			47			9
Performance Materials and Technologies		15			5			262			12
Safety and Productivity Solutions		55			40			197			136
Corporate and All Other		22			48			174			126
		$	100		$	96		$	714		$	338

Total Repositioning Reserves

The following table summarizes the status of the Company's total repositioning reserves:

	Severance Costs			Asset Impairments			Exit Costs			Total
Balance at December 31, 2021		$	289		$	—		$	122		$	411
Charges		75			153			78			306
Usage - cash		(120)			—			(86)			(206)
Usage - noncash		—			(145)			(14)			(159)
Foreign currency translation		(18)			—			(2)			(20)
Adjustments		(40)			(8)			(6)			(54)
Balance at September 30, 2022		$	186		$	—		$	92		$	278