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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net sales $ 36,662 $ 35,466 $ 34,392
Costs, expenses and other      
Cost of products and services sold 22,995 22,347 22,061
Research and development expenses 1,456 1,478 1,333
Selling, general and administrative expenses 5,127 5,214 4,798
Other (income) expense (840) (366) (1,378)
Interest and other financial charges 765 414 343
Total costs, expenses and other 29,503 29,087 27,157
Total Income before taxes 7,159 6,379 7,235
Tax expense 1,487 1,412 1,625
Net income 5,672 4,967 5,610
Less: Net income attributable to noncontrolling interest 14 1 68
Net income attributable to Honeywell $ 5,658 $ 4,966 $ 5,542
Earnings per share of common stock - basic (in dollars per share) $ 8.53 $ 7.33 $ 8.01
Earnings per share of common stock - assuming dilution (in dollars per share) $ 8.47 $ 7.27 $ 7.91
Product      
Net sales $ 25,773 $ 25,960 $ 25,643
Costs, expenses and other      
Cost of products and services sold 16,977 16,955 17,082
Service      
Net sales 10,889 9,506 8,749
Costs, expenses and other      
Cost of products and services sold $ 6,018 $ 5,392 $ 4,979