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CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net sales $ 9,822 $ 9,105
Costs, expenses and other    
Cost of products and services sold 6,037 5,583
Research and development expenses 439 360
Selling, general and administrative expenses 1,361 1,302
Impairment of assets held for sale 15 0
Other (income) expense (200) (231)
Interest and other financial charges 286 220
Total costs, expenses and other 7,938 7,234
Income before taxes 1,884 1,871
Tax expense 417 396
Net income 1,467 1,475
Less: Net income attributable to noncontrolling interest 18 12
Net income attributable to Honeywell $ 1,449 $ 1,463
Earnings per share of common stock - basic (in dollars per share) $ 2.24 $ 2.24
Earnings per share of common stock - assuming dilution (in dollars per share) $ 2.22 $ 2.23
Product    
Net sales $ 6,645 $ 6,263
Costs, expenses and other    
Cost of products and services sold 4,251 4,035
Service    
Net sales 3,177 2,842
Costs, expenses and other    
Cost of products and services sold $ 1,786 $ 1,548