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COMMITMENTS AND CONTINGENCIES (Tables)
 12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Loss Contingency
The following table summarizes information concerning the Company's recorded liabilities for environmental costs:
 Years Ended December 31,
202420232022
Beginning of year$641 $615 $618 
Accruals for environmental matters deemed probable and reasonably estimable261 222 186 
Environmental liability payments(224)(196)(211)
Other— — 22 
End of year$678 $641 $615 
Environmental Liabilities
Environmental liabilities are included in the following balance sheet accounts:
 December 31,
20242023
Accrued liabilities$244 $227 
Other liabilities434 414 
Total environmental liabilities$678 $641 
Asbestos Related Liabilities
Year Ended December 31, 2024Year Ended December 31, 2023Year Ended December 31, 2022
BendixNARCOTotalBendixNARCOTotalBendixNARCOTotal
Beginning of year$1,644 $— $1,644 $1,291 $1,325 $2,616 $1,372 $689 $2,061 
Accrual for update to estimated liability41 1 42 43 5 48 93 (634)(541)
Change in estimated cost of future claims20 — 20 423 — 423 41 — 41 
Update of expected resolution values for pending claims— — — 56 — 56 1 — 1 
Asbestos-related liability payments(223)(1)(224)(169)(5)(174)(216)(55)(271)
NARCO Buyout — — — — (1,325)(1,325)— 1,325 1,325 
End of year$1,482 $— $1,482 $1,644 $— $1,644 $1,291 $1,325 $2,616 
Insurance Recoveries for Asbestos Related Liabilities
Year Ended December 31, 2024Year Ended December 31, 2023Year Ended December 31, 2022
BendixNARCOTotalBendixNARCOTotalBendixNARCOTotal
Beginning of year$123 $88 $211 $130 $135 $265 $142 $221 $363 
Probable insurance recoveries related to estimated liability3 — 3 11 — 11 5 2 7 
Insurance receipts for asbestos-related liabilities(16)(8)(24)(18)(21)(39)(17)(20)(37)
Insurance receivables settlements and write-offs— — — — (26)(26)— (68)(68)
End of year$110 $80 $190 $123 $88 $211 $130 $135 $265 
NARCO and Bendix Asbestos Related Balances
NARCO and Bendix asbestos-related balances are included in the following balance sheet accounts:
 December 31,
20242023
Other current assets$19 $41 
Insurance recoveries for asbestos-related liabilities171 170 
Total insurance recoveries for asbestos-related liabilities$190 $211 
Accrued liabilities$157 $154 
Asbestos-related liabilities1,325 1,490 
Total asbestos-related liabilities$1,482 $1,644 
Schedule Of Bendix Loss Contingencies Litigation Claims Activity The following tables present information regarding Bendix-related asbestos claims activity:
Years Ended December 31,
20242023
Claims unresolved at the beginning of year5,517 5,608 
Claims filed1,617 1,803 
Claims resolved(2,184)(1,894)
Claims unresolved at the end of year4,950 5,517 
Schedule of Bendix Loss Contingencies Disease Distribution
Disease Distribution of Unresolved ClaimsYears Ended December 31,
20242023
Mesothelioma and other cancer claims2,923 3,244 
Nonmalignant claims2,027 2,273 
Total claims4,950 5,517 
Average Resolution Values Per Claim Excluding Legal Costs
Honeywell has experienced average resolution values per claim excluding legal costs as follows:
 Years Ended December 31,
20242023202220212020
 (in whole dollars)
Mesothelioma and other cancer claims$79,900 $66,200 $59,200 $56,000 $61,500 
Nonmalignant claims1,100 1,730 520 400 550 
Movement In Standard Product Warranty Rollforward And Balances The following table summarizes information concerning the Company's recorded obligations for product warranties and product performance guarantees:
 Years Ended December 31,
202420232022
Beginning of year$219 $213 $223 
Accruals for warranties/guarantees issued during the year186 139 117 
Adjustment of pre-existing warranties/guarantees3 (27)(12)
Settlement of warranty/guarantee claims(171)(106)(115)
End of year$237 $219 $213 
Product warranties and product performance guarantees are included in the following balance sheet accounts:
 December 31,
20242023
Accrued liabilities$202 $182 
Other liabilities35 37 
Total obligations for product warranties and product performance guarantees$237 $219