XML 52 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income $ 2,998,000,000 $ 2,676,000,000
Less: Net income attributable to the noncontrolling interest 21,000,000 1,000,000
Net income attributable to Honeywell 2,977,000,000 2,675,000,000
Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities:    
Depreciation and amortization 740,000,000 681,000,000
Gain on sale of non-strategic businesses and assets 0 (3,000,000)
Repositioning and other charges 419,000,000 356,000,000
Net payments for repositioning and other charges (517,000,000) (352,000,000)
Pension and other postretirement (income) expense (61,000,000) 81,000,000
Pension and other postretirement benefit payments (253,000,000) (888,000,000)
Stock compensation expense 129,000,000 131,000,000
Deferred income taxes 257,000,000 319,000,000
Excess tax benefits from share based payment arrangements (101,000,000) (28,000,000)
Other 35,000,000 39,000,000
Changes in assets and liabilities, net of the effects of acquisitions and divestitures:    
Accounts, notes and other receivables (382,000,000) (160,000,000)
Inventories (94,000,000) (53,000,000)
Other current assets (28,000,000) (77,000,000)
Accounts payable (32,000,000) (220,000,000)
Accrued liabilities (422,000,000) (333,000,000)
Net cash provided by operating activities 2,667,000,000 2,168,000,000
Cash flows from investing activities:    
Expenditures for property, plant and equipment (547,000,000) (586,000,000)
Proceeds from disposals of property, plant and equipment 7,000,000 2,000,000
Increase in investments (703,000,000) (482,000,000)
Decrease in investments 648,000,000 287,000,000
Cash paid for acquisitions, net of cash acquired (1,063,000,000) (62,000,000)
Proceeds from sales of businesses, net of fees paid 0 18,000,000
Other 104,000,000 (42,000,000)
Net cash used for investing activities (1,554,000,000) (865,000,000)
Cash flows from financing activities:    
Net increase in commercial paper 1,699,000,000 300,000,000
Net increase in short-term borrowings 18,000,000 19,000,000
Proceeds from issuance of common stock 362,000,000 179,000,000
Proceeds from issuance of long-term debt 27,000,000 86,000,000
Payments of long-term debt (604,000,000) 0
Excess tax benefits from share based payment arrangements 101,000,000 28,000,000
Repurchases of common stock (769,000,000) 0
Cash dividends paid (995,000,000) (880,000,000)
Other 28,000,000 0
Net cash used for financing activities (133,000,000) (268,000,000)
Effect of foreign exchange rate changes on cash and cash equivalents (115,000,000) 27,000,000
Net increase in cash and cash equivalents 865,000,000 1,062,000,000
Cash and cash equivalents at beginning of period 4,634,000,000 3,698,000,000
Cash and cash equivalents at end of period $ 5,499,000,000 $ 4,760,000,000