XML 51 R2.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net sales $ 9,728 $ 9,212 $ 28,410 $ 27,222
Costs, expenses and other        
Costs of products and services sold 5,979 5,670 17,418 16,794
Research and development expenses 368 364 1,110 1,096
Selling, general and administrative expenses 1,398 1,252 4,061 3,831
Impairment of assets held for sale 125 0 125 0
Other (income) expense (263) (247) (740) (715)
Interest and other financial charges 297 206 767 563
Total costs, expenses and other 7,904 7,245 22,741 21,569
Income before taxes 1,824 1,967 5,669 5,653
Tax expense 409 452 1,219 1,229
Net income 1,415 1,515 4,450 4,424
Less: Net income attributable to noncontrolling interest 2 1 30 29
Net income attributable to Honeywell $ 1,413 $ 1,514 $ 4,420 $ 4,395
Earnings per share of common stock - basic (in dollars per share) $ 2.17 $ 2.29 $ 6.79 $ 6.61
Earnings per share of common stock - assuming dilution (in dollars per share) $ 2.16 $ 2.27 $ 6.75 $ 6.56
Product        
Net sales $ 6,590 $ 6,294 $ 19,330 $ 19,045
Costs, expenses and other        
Costs of products and services sold 4,166 4,090 12,448 12,291
Service        
Net sales 3,138 2,918 9,080 8,177
Costs, expenses and other        
Costs of products and services sold $ 1,813 $ 1,580 $ 4,970 $ 4,503