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CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net sales $ 9,577 $ 9,146 $ 18,682 $ 18,010
Costs, expenses and other        
Costs of products and services sold 5,856 5,626 11,439 11,124
Research and development expenses 382 375 742 732
Selling, general and administrative expenses 1,361 1,262 2,663 2,579
Other (income) expense (246) (208) (477) (468)
Interest and other financial charges 250 187 470 357
Total costs, expenses and other 7,603 7,242 14,837 14,324
Income before taxes 1,974 1,904 3,845 3,686
Tax expense 414 403 810 777
Net income 1,560 1,501 3,035 2,909
Less: Net income attributable to noncontrolling interest 16 14 28 28
Net income attributable to Honeywell $ 1,544 $ 1,487 $ 3,007 $ 2,881
Earnings per share of common stock - basic (in dollars per share) $ 2.37 $ 2.24 $ 4.62 $ 4.32
Earnings per share of common stock - assuming dilution (in dollars per share) $ 2.36 $ 2.22 $ 4.59 $ 4.29
Product        
Net sales $ 6,477 $ 6,441 $ 12,740 $ 12,751
Costs, expenses and other        
Costs of products and services sold 4,247 4,133 8,282 8,201
Service        
Net sales 3,100 2,705 5,942 5,259
Costs, expenses and other        
Costs of products and services sold $ 1,609 $ 1,493 $ 3,157 $ 2,923