REPOSITIONING AND OTHER CHARGES (Tables)

12 Months Ended

Dec. 31, 2023

Restructuring and Related Activities [Abstract]

Repositioning And Other Charges

A summary of net repositioning and other charges follows:

	Years Ended December 31,
	2023		2022		2021
Severance	$	162	$	122	$	80
Asset impairments	41		176		117
Exit costs	139		122		134
Reserve adjustments	(56)		(56)		(13)
Total net repositioning charges	286		364		318
Asbestos-related charges, net of insurance and reimbursements	534		532		129
Probable and reasonably estimable environmental liabilities, net of reimbursements	44		28		22
Other charges	(4)		342		100
Total net repositioning and other charges	$	860	$	1,266	$	569

Pretax Distribution Of Total Net Repositioning And Other Charges

The following table summarizes the pre-tax distribution of total net repositioning and other charges by classification in the Consolidated Statement of Operations:

	Years Ended December 31,
	2023		2022		2021
Cost of products and services sold	$	680	$	572	$	457
Selling, general and administrative expenses	172		309		112
Other (income) expense	8		385		—
Total net repositioning and other charges	$	860	$	1,266	$	569

Pretax Impact of Total Net Repositioning and Other Charges by Segment

The following table summarizes the pre-tax amount of total net repositioning and other charges by reportable business segment. These amounts are excluded from segment profit as described in Note 22 Segment Financial Data:

	Years Ended December 31,
	2023		2022		2021
Aerospace	$	23	$	41	$	62
Honeywell Building Technologies	58		63		13
Performance Materials and Technologies	50		332		24
Safety and Productivity Solutions	112		188		268
Corporate and All Other	617		642		202
Total net repositioning and other charges	$	860	$	1,266	$	569

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, 2020	$	527	$	—	$	74	$	601
Charges	80		117		134		331
Usage—cash	(299)		—		(83)		(382)
Usage—noncash	—		(119)		—		(119)
Divestitures	—		—		—		—
Adjustments	(14)		2		(1)		(13)
Foreign currency translation	(5)		—		(2)		(7)
Balance at December 31, 2021	289		—		122		411
Charges	122		176		122		420
Usage—cash	(135)		—		(140)		(275)
Usage—noncash	—		(168)		(15)		(183)
Divestitures	—		—		—		—
Adjustments	(42)		(8)		(6)		(56)
Foreign currency translation	1		—		(9)		(8)
Balance at December 31, 2022	235		—		74		309
Charges	162		41		139		342
Usage—cash	(173)		—		(121)		(294)
Usage—noncash	—		(36)		—		(36)
Divestitures	—		(4)		(5)		(9)
Adjustments	(42)		(1)		(13)		(56)
Foreign currency translation	6		—		17		23
Balance at December 31, 2023	$	188	$	—	$	91	$	279