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PENSION BENEFITS
 3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
PENSION BENEFITS PENSION BENEFITS
Net periodic pension benefit (income) cost for the Company's significant pension plans included the following components:
U.S. Plans
Three Months Ended March 31,
20252024
Service cost$7 $7 
Interest cost147 150 
Expected return on plan assets(289)(281)
Amortization of prior service (credit) cost— (2)
Net periodic benefit (income) cost$(135)$(126)
Non-U.S. Plans
Three Months Ended March 31,
20252024
Service cost$1 $3 
Interest cost47 47 
Expected return on plan assets(73)(74)
Recognition of actuarial (gains) losses14 — 
Net periodic benefit (income) cost$(11)$(24)
The Company repurchased $200 million of outstanding Honeywell shares of common stock from the Honeywell U.S. Pension Plan Master Trust during the three months ended March 31, 2025. The Company completed no repurchases of outstanding Honeywell shares of common stock from the Honeywell U.S. Pension Plan Master Trust during the three months ended March 31, 2024.