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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income $ 2,162,000,000 $ 1,991,000,000
Less: Net income attributable to the noncontrolling interest 46,000,000 4,000,000
Net income attributable to Honeywell 2,116,000,000 1,987,000,000
Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities:    
Depreciation and amortization 471,000,000 495,000,000
Loss on sale of non-strategic businesses and assets 10,000,000 0
Gain on sale of available for sale investments (105,000,000) 0
Repositioning and other charges 331,000,000 299,000,000
Net payments for repositioning and other charges (134,000,000) (297,000,000)
Pension and other postretirement income (100,000,000) (44,000,000)
Pension and other postretirement benefit payments (85,000,000) (213,000,000)
Stock compensation expense 102,000,000 91,000,000
Deferred income taxes 68,000,000 185,000,000
Excess tax benefits from share based payment arrangements (49,000,000) (81,000,000)
Other 67,000,000 (134,000,000)
Changes in assets and liabilities, net of the effects of acquisitions and divestitures:    
Accounts, notes and other receivables (425,000,000) (195,000,000)
Inventories (222,000,000) (36,000,000)
Other current assets 132,000,000 4,000,000
Accounts payable 100,000,000 (30,000,000)
Accrued liabilities (248,000,000) (434,000,000)
Net cash provided by operating activities 2,029,000,000 1,597,000,000
Cash flows from investing activities:    
Expenditures for property, plant and equipment (421,000,000) (344,000,000)
Proceeds from disposals of property, plant and equipment 11,000,000 6,000,000
Increase in investments (1,724,000,000) (460,000,000)
Decrease in investments 943,000,000 376,000,000
Cash paid for acquisitions, net of cash acquired (2,000,000) (460,000,000)
Proceeds from sales of businesses, net of fees paid 1,000,000 0
Other (13,000,000) 19,000,000
Net cash used for investing activities (1,205,000,000) (863,000,000)
Cash flows from financing activities:    
Net increase in commercial paper 950,000,000 800,000,000
Net (decrease) increase in short-term borrowings (6,000,000) 21,000,000
Proceeds from issuance of common stock 161,000,000 303,000,000
Proceeds from issuance of long-term debt 45,000,000 13,000,000
Payments of long-term debt (606,000,000) (601,000,000)
Excess tax benefits from share based payment arrangements 49,000,000 81,000,000
Repurchases of common stock (551,000,000) (602,000,000)
Cash dividends paid (736,000,000) (665,000,000)
Net cash used for financing activities (694,000,000) (650,000,000)
Effect of foreign exchange rate changes on cash and cash equivalents 30,000,000 (169,000,000)
Net increase (decrease) in cash and cash equivalents 160,000,000 (85,000,000)
Cash and cash equivalents at beginning of period 6,422,000,000 4,634,000,000
Cash and cash equivalents at end of period $ 6,582,000,000 $ 4,549,000,000