XML 74 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 7,925 $ 9,627
Short-term investments 170 483
Accounts receivable, less allowances of $323 and $326, respectively 7,530 7,440
Inventories 6,178 5,538
Other current assets 1,699 1,894
Total current assets 23,502 24,982
Investments and long-term receivables 939 945
Property, plant and equipment—net 5,660 5,471
Goodwill 18,049 17,497
Other intangible assets—net 3,231 3,222
Insurance recoveries for asbestos-related liabilities 170 224
Deferred income taxes 392 421
Other assets 9,582 9,513
Total assets 61,525 62,275
Current liabilities    
Accounts payable 6,849 6,329
Commercial paper and other short-term borrowings 2,085 2,717
Current maturities of long-term debt 1,796 1,730
Accrued liabilities 7,809 9,162
Total current liabilities 18,539 19,938
Long-term debt 16,562 15,123
Deferred income taxes 2,094 2,093
Postretirement benefit obligations other than pensions 134 146
Asbestos-related liabilities 1,490 1,180
Other liabilities 6,265 6,469
Redeemable noncontrolling interest 7 7
SHAREOWNERS’ EQUITY    
Capital—common stock issued 958 958
Capital - additional paid in capital 9,062 8,564
Common stock held in treasury, at cost (38,008) (34,443)
Accumulated other comprehensive income (loss) (4,135) (3,475)
Retained earnings 47,979 45,093
Total Honeywell shareowners’ equity 15,856 16,697
Noncontrolling interest 578 622
Total shareowners’ equity 16,434 17,319
Total liabilities, redeemable noncontrolling interest and shareowners’ equity $ 61,525 $ 62,275