COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Mar. 31, 2012

Commitments And Contingencies [Abstract]

Loss Contingency

December 31, 2011	$	723
Accruals for environmental matters deemed
probable and reasonably estimable		61
Environmental liability payments		(61)
March 31, 2012	$	723

Environmental liabilities are included in the following balance sheet accounts:

Environmental liabilities are included in the following balance sheet accounts:
			March 31,		December 31,
			2012		2011
	Accrued liabilities	$	298	$	303
	Other liabilities		425		420
		$	723	$	723

Asbestos liabilities roll forward

Asbestos Related Liabilities
		Bendix		NARCO		Total
December 31, 2011	$	613	$	1,123	$	1,736
Accrual for update to estimated liability		49		-		49
Asbestos related liability payments		(38)		-		(38)
March 31, 2012	$	624	$	1,123	$	1,747

Insurance recoveries roll forward

Insurance Recoveries for Asbestos Related Liabilities
		Bendix		NARCO		Total
December 31, 2011	$	162	$	618	$	780
Probable insurance recoveries related to
estimated liability		3		-		3
Insurance receivables settlements		5		5		10
Insurance receipts for asbestos related liabilities		(16)		(26)		(42)
March 31, 2012	$	154	$	597	$	751

NARCO and Bendix asbestos related asset and liability balances

NARCO and Bendix asbestos related balances are included in the following balance sheet accounts:
		March 31,		December 31,
		2012		2011
Other current assets	$	71	$	71
Insurance recoveries for asbestos related liabilities		680		709
	$	751	$	780
Accrued liabilities	$	238	$	237
Asbestos related liabilities		1,509		1,499
	$	1,747	$	1,736

Bendix related asbestos claims activity

	Three Months Ended		Year Ended
		March 31,	December 31,
Claims Activity		2012	2011	2010
Claims Unresolved at the beginning of period		22,571	22,480	19,940
Claims Filed during the period (a)		785	3,592	4,302
Claims Resolved during the period(b)		(737)	(3,501)	(1,762)
Claims Unresolved at the end of period		22,619	22,571	22,480
(a) The number of claims filed in 2010 includes approximately 1,541 non-malignant claims (with an accrued liability of approximately $575 thousand in the aggregate), a majority of which had previously been dismissed in Mississippi and re-filed in Arkansas.
(b) The number of claims resolved in 2011 includes approximately 351 claims previously classified as inactive (82% non-malignant and accrued liability of approximately $1.7 million) which were activated during 2011. The number of claims resolved in 2010 includes approximately 1,300 claims previously classified as inactive (95% non-malignant and accrued liability of approximately $2.0 million) which were activated during 2010.

Disease distribution of claims

Disease Distribution of Unresolved Claims	March 31,	December 31,
	2012	2011	2010
Mesothelioma and Other Cancer Claims	5,077	4,943	4,856
Nonmalignant Claims	17,542	17,628	17,624
Total Claims	22,619	22,571	22,480

Average resolution values per asbestos claim

	Honeywell has experienced average resolution values per claim excluding legal costs as follows:
			Year Ended December 31,
			2011		2010		2009		2008		2007
			(in whole dollars)
Malignant claims		$	48,000	$	54,000	$	50,000	$	65,000	$	33,000
Nonmalignant claims		$	1,000	$	1,300	$	200	$	1,500	$	500