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SEGMENT FINANCIAL DATA
9 Months Ended
Sep. 30, 2013
Segment Financial Data [Abstract]  
Segment Financial Data

Note 15. Segment Financial Data

 

Honeywell's senior management evaluates segment performance based on segment profit. Segment profit is measured as business unit income (loss) before taxes excluding general corporate unallocated expense, other income (expense), interest and other financial charges, pension and other postretirement income (expense), stock compensation expense, repositioning and other charges and accounting changes.

  Three Months Ended  Nine Months Ended
  September 30,  September 30,
  2013  2012  2013  2012
Net Sales           
Aerospace           
Products$ 1,732 $ 1,733 $ 5,205 $ 5,188
Services  1,241   1,310   3,676   3,832
Total  2,973   3,043   8,881   9,020
Automation and Control Solutions           
Products  3,552   3,392   10,258   10,050
Services  577   566   1,722   1,658
Total  4,129   3,958   11,980   11,708
Performance Materials and Technologies           
Products  1,493   1,344   4,671   4,229
Services  136   134   359   410
Total  1,629   1,478   5,030   4,639
Transportation Systems           
Products  916   863   2,777   2,717
Services  -   -   -   -
Total  916   863   2,777   2,717
 $ 9,647 $ 9,342 $ 28,668 $ 28,084
            
Segment Profit           
Aerospace$ 602 $ 582 $ 1,736 $ 1,678
Automation and Control Solutions  631   571   1,739   1,587
Performance Materials and Technologies  305   275   999   944
Transportation Systems  128   104   365   338
Corporate  (51)   (57)   (157)   (164)
Total segment profit  1,615   1,475   4,682   4,383
            
Other income (expense)(a)  (10)   4   22   18
Interest and other financial charges  (80)   (88)   (244)   (264)
Stock compensation expense(b)  (38)   (40)   (129)   (131)
Pension ongoing income (expense)(b)  22   (7)   68   (29)
Other postretirement expense(b)  (5)   (20)   (7)   (52)
Repositioning and other charges (b)  (120)   (100)   (419)   (356)
Income before taxes$ 1,384 $ 1,224 $ 3,973 $ 3,569
            
(a) Equity income (loss) of affiliated companies is included in segment profit.
            
(b) Amounts included in cost of products and services sold and selling, general and administrative expenses.