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SEGMENT FINANCIAL DATA
 6 Months Ended
Jun. 30, 2016
Segment Financial Data [Abstract]  
Segment Financial Data

Note 11. Segment Financial Data

We globally manage our business operations through three reportable operating segments. Segment information is consistent with how management reviews the businesses, makes investing and resource allocation decisions and assesses operating performance.

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.

Three Months EndedSix Months Ended
June 30, June 30,
2016201520162015
Net Sales
Aerospace
Products$2,556$2,623$5,046$5,086
Services1,2231,2042,4382,348
Total3,7793,8277,4847,434
Automation and Control Solutions
Products3,5743,2436,9606,222
Services312310603595
Total3,8863,5537,5636,817
Performance Materials and Technologies
Products1,9051,9323,6483,854
Services421463818883
Total2,3262,3954,4664,737
$9,991$9,775$19,513$18,988
Segment Profit
Aerospace$791$777$1,589$1,529
Automation and Control Solutions6155671,1451,083
Performance Materials and Technologies4905099311,012
Corporate(49)(50)(98)(100)
Total segment profit1,8471,8033,5673,524
Other income (expense)(a)(7)12524
Interest and other financial charges(85)(77)(170)(154)
Stock compensation expense(b)(43)(39)(96)(91)
Pension ongoing income(b)151103301203
Other postretirement income (expense)(b)8(11)17(20)
Repositioning and other charges (b)(116)(129)(241)(260)
Income before taxes$1,755$1,662$3,383$3,226
(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.