XML 66 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Net sales $ 38,498 $ 36,662 $ 35,466
Costs, expenses and other      
Cost of products and services sold 23,836 22,995 22,347
Research and development expenses 1,536 1,456 1,478
Selling, general and administrative expenses 5,466 5,127 5,214
Impairment of assets held for sale 219 0 0
Other (income) expense (830) (840) (366)
Interest and other financial charges 1,058 765 414
Total costs, expenses and other 31,285 29,503 29,087
Income before taxes 7,213 7,159 6,379
Tax expense 1,473 1,487 1,412
Net income 5,740 5,672 4,967
Less: Net income attributable to noncontrolling interest 35 14 1
Net income attributable to Honeywell $ 5,705 $ 5,658 $ 4,966
Earnings per share of common stock - basic (in dollars per share) $ 8.76 $ 8.53 $ 7.33
Earnings per share of common stock - assuming dilution (in dollars per share) $ 8.71 $ 8.47 $ 7.27
Product      
Net sales $ 26,279 $ 25,773 $ 25,960
Costs, expenses and other      
Cost of products and services sold 17,227 16,977 16,955
Service      
Net sales 12,219 10,889 9,506
Costs, expenses and other      
Cost of products and services sold $ 6,609 $ 6,018 $ 5,392