CAPITAL STOCK

12 Months Ended

Dec. 31, 2012

Capital Stock [Abstract]

Capital Stock

Note 18. Capital Stock

We are authorized to issue up to 2,000,000,000 shares of common stock, with a par value of $1. Common shareowners are entitled to receive such dividends as may be declared by the Board, are entitled to one vote per share, and are entitled, in the event of liquidation, to share ratably in all the assets of Honeywell which are available for distribution to the common shareowners. Common shareowners do not have preemptive or conversion rights. Shares of common stock issued and outstanding or held in the treasury are not liable to further calls or assessments. There are no restrictions on us relative to dividends or the repurchase or redemption of common stock.

The Board of Directors has authorized the repurchase of up to a total of$3.0 billion of Honeywell common stock, which amount includes $1.6billion that remained available under the Company's previously reported share repurchase program. We purchased a total of approximately5 million and20.3 million shares of our common stock in 2012 and 2011, for $317 and $1,085 million, respectively.

We are authorized to issue up to 40,000,000 shares of preferred stock, without par value, and can determine the number of shares of each series, and the rights, preferences and limitations of each series. At December 31, 2012, there was no preferred stock outstanding.