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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 1,451 $ 1,332
Less: Net income attributable to the noncontrolling interest 13 6
Net income attributable to Honeywell 1,438 1,326
Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities:    
Depreciation 179 170
Amortization 109 101
Repositioning and other charges 193 129
Net payments for repositioning and other charges (141) (137)
Pension and other postretirement income (254) (183)
Pension and other postretirement benefit payments (36) (24)
Stock compensation expense 52 50
Deferred income taxes 46 (42)
Other 2 14
Changes in assets and liabilities, net of the effects of acquisitions and divestitures:    
Accounts receivable (61) 23
Inventories (163) (286)
Other current assets (43) (25)
Accounts payable 57 115
Accrued liabilities (242) (291)
Net cash provided by operating activities 1,136 940
Cash flows from investing activities:    
Expenditures for property, plant and equipment (140) (168)
Proceeds from disposals of property, plant and equipment 2 24
Increase in investments (583) (1,256)
Decrease in investments 1,838 825
Other (123) (29)
Net cash provided by (used for) investing activities 994 (604)
Cash flows from financing activities:    
Proceeds from issuance of commercial paper and other short-term borrowings 6,676 2,468
Payments of commercial paper and other short-term borrowings (5,329) (2,467)
Proceeds from issuance of common stock 60 221
Proceeds from issuance of long-term debt 3 11
Payments of long-term debt (1,246) (5)
Repurchases of common stock (940) (310)
Cash dividends paid (556) (503)
Other (116) (33)
Net cash used for financing activities (1,448) (618)
Effect of foreign exchange rate changes on cash and cash equivalents 156 149
Net increase (decrease) in cash and cash equivalents 838 (133)
Cash and cash equivalents at beginning of period 7,059 7,843
Cash and cash equivalents at end of period $ 7,897 $ 7,710