SEGMENT FINANCIAL DATA

3 Months Ended

Mar. 31, 2017

Segment Financial Data [Abstract]

Segment Financial Data

Note10. Segment Financial Data

We globally manage our business operations through four 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 segment income (loss) before taxes excluding general corporate unallocated expense, other income (expense), interest and other financial charges, stock compensation expense,pension and other postretirement income (expense), and repositioning and other charges.

		Three Months Ended
		March 31,
Net Sales		2017		2016
Aerospace
Products	$	2,396	$	2,490
Services		1,150		1,215
Total		3,546		3,705
Home and Building Technologies
Products		2,217		2,197
Services		336		280
Total		2,553		2,477
Performance Materials and Technologies
Products		1,674		1,884
Services		395		397
Total		2,069		2,281
Safety and Productivity Solutions
Products		1,253		1,048
Services		71		11
Total		1,324		1,059
	$	9,492	$	9,522
Segment Profit
Aerospace	$	796	$	798
Home and Building Technologies		389		360
Performance Materials and Technologies		471		461
Safety and Productivity Solutions		194		150
Corporate		(61)		(49)
Total segment profit		1,789		1,720
Other income(a)		6		12
Interest and other financial charges		(75)		(85)
Stock compensation expense(b)		(50)		(53)
Pension ongoing income(b)		179		150
Other postretirement income(b)		4		9
Repositioning and other charges (b)		(129)		(125)
Income before taxes	$	1,724	$	1,628
(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.