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HON

HONEYWELL INTERNATIONAL INCeval run
10-K for period ending 2025-12-31gpt-6-luna@none · prompt v4$0.00106.5sfiling on sec.gov ↗

figures

fieldvaluestatement rowprintedSEC
Total revenue$37.4BR5 Net sales37,442 millions$37.4B ✓
Operating income-not printed on this statement-$8.1B
Net income attributable to the company$4.7BR23 Net income attributable to Honeywell4,729 millions$4.7B ✓
Diluted EPS$7.36R31 Total earnings per share of common stock-assuming dilution7.36$7.36 ✓
Cash and cash equivalents$12.5BR5 Cash and cash equivalents12,487 millions$12.5B ✓
Total assets$73.7BR20 Total assets73,681 millions$73.7B ✓
Total liabilities-not printed on this statement--
Total shareholders' equity attributable to the company$13.9BR43 Total Honeywell shareowners’ equity13,904 millions$13.9B ✓
Net cash from operating activities$6.4BR32 Net cash provided by operating activities6,408 millions$6.4B ✓
Net cash from investing activities-$2.7BR43 Net cash used for investing activities(2,711) millions-$2.7B ✓
Net cash from financing activities-$2.0BR58 Net cash (used for) provided by financing activities(1,953) millions-$2.0B ✓

checks

  • assets = liabilities + equity · total assets equals total liabilities and equity
  • equity excludes minority interests · totalEquity excludes noncontrolling interests
  • net income is before preferred dividends · net income is not the after-preferred-dividends line
  • diluted EPS is for total net income · diluted EPS is for total net income
  • net income excludes minority interests · netIncome excludes noncontrolling interests
  • cash flows tie to the change in cash · operating + investing + financing (+ FX) equals the net change in cash

management's claims

The one checkable claim in management's discussion matches the statements. 3 more were about segments, regions or adjusted measures and weren't checked.

  • matchesNet cash from operating activities: "Net cash provided by operating activities from continuing operations" changed by 963000000
    “Net cash provided by operating activities from continuing operations increased by $963 million, driven by the receipt of the Resideo indemnification and reimbursement agreement termination payment of $1,590 million and $771 million increase in other operating activities, primarily due to a favorable impact of customer advances and deferred revenue, partially offset by the asbestos liabilities divestiture payment of $1,428 million.”

trace

  1. 0locator (code)0.23s
    {
  "tables": 293,
  "exhibits": [],
  "documents": 1
}
    {
  "income": {
    "rows": 32,
    "scale": 1000000,
    "score": 51.75,
    "heading": "F CONTENTS FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA HONEYWELL INTERNATIONAL INC. CONSOLIDATED STATEMENT OF OPERATIONS",
    "tableIndex": 113,
    "runnerUpScore": 33
  },
  "balance": {
    "rows": 47,
    "scale": 1000000,
    "score": 55,
    "heading": "TABLE OF CONTENTS FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA HONEYWELL INTERNATIONAL INC. CONSOLIDATED BALANCE SHEET",
    "tableIndex": 117,
    "runnerUpScore": 24.75
  },
  "cashflow": {
    "rows": 63,
    "scale": 1000000,
    "score": 55,
    "heading": "F CONTENTS FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA HONEYWELL INTERNATIONAL INC. CONSOLIDATED STATEMENT OF CASH FLOWS",
    "tableIndex": 119,
    "runnerUpScore": 10
  }
}
  2. 1cash flow agent1.78s · 1933 tokens · $0.0002
    {
  "rows": 63,
  "retryHint": null,
  "tableIndex": 119
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    {
  "figures": [
    {
      "note": "This is the total operating cash flow, including continuing and discontinued operations.",
      "field": "operatingCashFlow",
      "scale": 1000000,
      "value": 6408000000,
      "printed": "6,408",
      "rowIndex": 32,
      "rowLabel": "Net cash provided by operating activities",
      "priorValue": 6097000000,
      "agentPrinted": "6,408",
      "failedChecks": [],
      "priorPrinted": "6,097",
      "groundingMismatch": false
    },
    {
      "note": "This is the investing activities section total, including continuing and discontinued operations.",
      "field": "investingCashFlow",
      "scale": 1000000,
      "value": -2711000000,
      "printed": "(2,711)",
      "rowIndex": 43,
      "rowLabel": "Net cash used for investing activities",
      "priorValue": -10157000000,
      "agentPrinted": "(2,711)",
      "failedChecks": [],
      "priorPrinted": "(10,157)",
      "groundingMismatch": false
    },
    {
      "note": "This is the financing activities section total.",
      "field": "financingCashFlow",
      "scale": 1000000,
      "value": -1953000000,
      "printed": "(1,953)",
      "rowIndex": 58,
      "rowLabel": "Net cash (used for) provided by financing activities",
      "priorValue": 6839000000,
      "agentPrinted": "(1,953)",
      "failedChecks": [],
      "priorPrinted": "6,839",
      "groundingMismatch": false
    }
  ],
  "statement": "cashflow",
  "tableIndex": 119,
  "priorColumn": 1,
  "currentColumn": 0
}
  3. 2income statement agent2.12s · 1671 tokens · $0.0002
    {
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    {
  "figures": [
    {
      "note": "Net sales is the company-wide revenue total, excluding other income.",
      "field": "revenue",
      "scale": 1000000,
      "value": 37442000000,
      "printed": "37,442",
      "rowIndex": 5,
      "rowLabel": "Net sales",
      "priorValue": 34717000000,
      "agentPrinted": "37,442",
      "failedChecks": [],
      "priorPrinted": "34,717",
      "groundingMismatch": false
    },
    {
      "note": "The statement does not print an operating income or equivalent line.",
      "field": "operatingIncome",
      "scale": 1000000,
      "value": null,
      "printed": null,
      "rowIndex": null,
      "rowLabel": null,
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      "agentPrinted": null,
      "failedChecks": [],
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      "groundingMismatch": false
    },
    {
      "note": "This is net income attributable to Honeywell, excluding noncontrolling interests.",
      "field": "netIncome",
      "scale": 1000000,
      "value": 4729000000,
      "printed": "4,729",
      "rowIndex": 23,
      "rowLabel": "Net income attributable to Honeywell",
      "priorValue": 5705000000,
      "agentPrinted": "4,729",
      "failedChecks": [],
      "priorPrinted": "5,705",
      "groundingMismatch": false
    },
    {
      "note": "This is total diluted earnings per share, including continuing and discontinued operations.",
      "field": "epsDiluted",
      "scale": 1,
      "value": 7.36,
      "printed": "7.36",
      "rowIndex": 31,
      "rowLabel": "Total earnings per share of common stock-assuming dilution",
      "priorValue": 8.71,
      "agentPrinted": "7.36",
      "failedChecks": [],
      "priorPrinted": "8.71",
      "groundingMismatch": false
    }
  ],
  "statement": "income",
  "tableIndex": 113,
  "priorColumn": 1,
  "currentColumn": 0
}
  4. 3balance sheet agent2.20s · 1508 tokens · $0.0002
    {
  "rows": 47,
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  "tableIndex": 117
}
    {
  "figures": [
    {
      "note": "This is the balance-sheet cash and cash equivalents line.",
      "field": "cash",
      "scale": 1000000,
      "value": 12487000000,
      "printed": "12,487",
      "rowIndex": 5,
      "rowLabel": "Cash and cash equivalents",
      "priorValue": 9906000000,
      "agentPrinted": "12,487",
      "failedChecks": [],
      "priorPrinted": "9,906",
      "groundingMismatch": false
    },
    {
      "note": "This row prints total assets.",
      "field": "totalAssets",
      "scale": 1000000,
      "value": 73681000000,
      "printed": "73,681",
      "rowIndex": 20,
      "rowLabel": "Total assets",
      "priorValue": 75196000000,
      "agentPrinted": "73,681",
      "failedChecks": [],
      "priorPrinted": "75,196",
      "groundingMismatch": false
    },
    {
      "note": "The statement has no total liabilities line; the combined liabilities and equity total is not a substitute.",
      "field": "totalLiabilities",
      "scale": 1000000,
      "value": null,
      "printed": null,
      "rowIndex": null,
      "rowLabel": null,
      "priorValue": null,
      "agentPrinted": null,
      "failedChecks": [],
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      "groundingMismatch": false
    },
    {
      "note": "This is total Honeywell shareowners’ equity, excluding noncontrolling interest.",
      "field": "totalEquity",
      "scale": 1000000,
      "value": 13904000000,
      "printed": "13,904",
      "rowIndex": 43,
      "rowLabel": "Total Honeywell shareowners’ equity",
      "priorValue": 18619000000,
      "agentPrinted": "13,904",
      "failedChecks": [],
      "priorPrinted": "18,619",
      "groundingMismatch": false
    }
  ],
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  "priorColumn": 1,
  "currentColumn": 0
}
  5. 4reconciler (code)0.00s
    null
    [
  {
    "name": "balance_identity",
    "detail": "total assets equals total liabilities and equity",
    "fields": [
      "totalAssets"
    ],
    "passed": true,
    "skipped": false,
    "statement": "balance"
  },
  {
    "name": "totalEquity_attribution",
    "detail": "totalEquity excludes noncontrolling interests",
    "fields": [
      "totalEquity"
    ],
    "passed": true,
    "skipped": false,
    "statement": "balance"
  },
  {
    "name": "netIncome_before_preferred",
    "detail": "net income is not the after-preferred-dividends line",
    "fields": [
      "netIncome"
    ],
    "passed": true,
    "skipped": false,
    "statement": "income"
  },
  {
    "name": "epsDiluted_total",
    "detail": "diluted EPS is for total net income",
    "fields": [
      "epsDiluted"
    ],
    "passed": true,
    "skipped": false,
    "statement": "income"
  },
  {
    "name": "netIncome_attribution",
    "detail": "netIncome excludes noncontrolling interests",
    "fields": [
      "netIncome"
    ],
    "passed": true,
    "skipped": false,
    "statement": "income"
  },
  {
    "name": "cash_flow_tie",
    "detail": "operating + investing + financing (+ FX) equals the net change in cash",
    "fields": [
      "operatingCashFlow",
      "investingCashFlow",
      "financingCashFlow"
    ],
    "passed": true,
    "skipped": false,
    "statement": "cashflow"
  }
]
  6. 5MD&A claims agent3.18s · 1600 tokens · $0.0003
    null
    [
  {
    "kind": "percent_change",
    "field": "revenue",
    "quote": "Leveraging our Honeywell Accelerator operating model, we continued our portfolio transformation, demonstrating growth and operational performance while remaining focused on creating long-term shareowner value. In 2025, we delivered sales growth of 8% to $37.4 billion, with increases in three of our four reportable business segments, led by double-digit growth in our Aerospace Technologies business segment for its third consecutive year.",
    "scope": "consolidated",
    "actual": null,
    "reason": "Total revenue: the sentence is about a region, segment or adjusted measure",
    "claimed": null,
    "verdict": "not_checked",
    "asWritten": "8%",
    "tolerance": null,
    "quoteVerified": true
  },
  {
    "kind": "current_value",
    "field": "revenue",
    "quote": "Leveraging our Honeywell Accelerator operating model, we continued our portfolio transformation, demonstrating growth and operational performance while remaining focused on creating long-term shareowner value. In 2025, we delivered sales growth of 8% to $37.4 billion, with increases in three of our four reportable business segments, led by double-digit growth in our Aerospace Technologies business segment for its third consecutive year.",
    "scope": "consolidated",
    "actual": null,
    "reason": "Total revenue: the sentence is about a region, segment or adjusted measure",
    "claimed": null,
    "verdict": "not_checked",
    "asWritten": "$37.4 billion",
    "tolerance": null,
    "quoteVerified": true
  },
  {
    "kind": "amount_change",
    "field": "operatingCashFlow",
    "quote": "Net cash provided by operating activities from continuing operations increased by $963 million, driven by the receipt of the Resideo indemnification and reimbursement agreement termination payment of $1,590 million and $771 million increase in other operating activities, primarily due to a favorable impact of customer advances and deferred revenue, partially offset by the asbestos liabilities divestiture payment of $1,428 million.",
    "scope": "consolidated",
    "actual": 963000000,
    "reason": "Net cash from operating activities: \"Net cash provided by operating activities from continuing operations\" changed by 963000000",
    "claimed": 963000000,
    "verdict": "consistent",
    "asWritten": "$963 million",
    "tolerance": 500000,
    "quoteVerified": true
  },
  {
    "kind": "amount_change",
    "field": "operatingCashFlow",
    "quote": "Net cash provided by operating activities from continuing operations increased by $653 million, primarily due to the $1,325 million payment made by the Company pursuant to the NARCO Amended Buyout Agreement in 2023, partially offset by $727 million decrease of noncash adjustments, driven by $605 million decline in repositioning and other charges.",
    "scope": "consolidated",
    "actual": null,
    "reason": "Net cash from operating activities: the sentence is about an earlier year",
    "claimed": null,
    "verdict": "not_checked",
    "asWritten": "$653 million",
    "tolerance": null,
    "quoteVerified": true
  }
]

Income statement

table #113 · current period is figure column 1
0Years Ended December 31,
1202520242023
2(Dollars in millions,except per share amounts)
3Product sales24,51522,84122,345
4Service sales12,92711,87610,664
5Net sales← Total revenue37,44234,71733,009
6Costs, expenses and other
7Cost of products sold16,15315,01714,836
8Cost of services sold7,4606,3435,801
9Total Cost of products and services sold23,61321,36020,637
10Research and development expenses1,8121,4541,375
11Selling, general and administrative expenses5,4505,2354,887
12Impairment of goodwill724--
13Impairment of assets held for sale270219-
14Other (income) expense(1,247)(843)(830)
15Interest and other financial charges1,3441,048749
16Total costs, expenses and other31,96628,47326,818
17Income from continuing operations before taxes5,4766,2446,191
18Tax expense1,0081,2491,262
19Net income from continuing operations4,4684,9954,929
20Net income from discontinued operations304745743
21Net income4,7725,7405,672
22Less: Net income attributable to noncontrolling interest433514
23Net income attributable to Honeywell← Net income attributable to the company4,7295,7055,658
24Earnings per share of common stock-basic:
25Earnings per share of common stock from continuing operations-basic6.987.637.41
26Earnings per share of common stock from discontinued operations-basic0.421.131.12
27Total earnings per share of common stock-basic7.408.768.53
28Earnings per share of common stock-assuming dilution:
29Earnings per share of common stock from continuing operations-assuming dilution6.947.587.36
30Earnings per share of common stock from discontinued operations-assuming dilution0.421.131.11
31Total earnings per share of common stock-assuming dilution← Diluted EPS7.368.718.47

Balance sheet

table #117 · current period is figure column 1
0December 31,
120252024
2(Dollars in millions)
3ASSETS
4Current assets
5Cash and cash equivalents← Cash and cash equivalents12,4879,906
6Short-term investments443386
7Accounts receivable, less allowances of $202 and $307, respectively7,6217,247
8Inventories6,1625,884
9Assets held for sale2,4921,365
10Other current assets1,1821,259
11Current assets of discontinued operations-1,861
12Total current assets30,38727,908
13Investments and long-term receivables1,4041,230
14Property, plant and equipment-net4,6294,457
15Goodwill21,07921,019
16Other intangible assets-net6,7366,621
17Deferred income taxes199235
18Other assets9,24710,556
19Assets of discontinued operations-3,170
20Total assets← Total assets73,68175,196
21LIABILITIES
22Current liabilities
23Accounts payable6,3156,109
24Commercial paper and other short-term borrowings5,8934,273
25Current maturities of long-term debt1,5461,325
26Accrued liabilities8,4628,055
27Current liabilities of discontinued operations-1,086
28Liabilities held for sale1,198408
29Total current liabilities23,41421,256
30Long-term debt27,14125,440
31Deferred income taxes1,5771,581
32Postretirement benefit obligations other than pensions111112
33Asbestos-related liabilities-1,325
34Other liabilities6,4085,581
35Liabilities of discontinued operations-740
36Redeemable noncontrolling interest-7
37SHAREOWNERS’ EQUITY
38Capital-common stock issued958958
39-additional paid-in capital10,1579,695
40Common stock held in treasury, at cost(43,029)(39,378)
41Accumulated other comprehensive loss(5,146)(3,491)
42Retained earnings50,96450,835
43Total Honeywell shareowners’ equity← Total shareholders' equity attributable to the company13,90418,619
44Noncontrolling interest1,126535
45Total shareowners’ equity15,03019,154
46Total liabilities, redeemable noncontrolling interest and shareowners’ equity73,68175,196

Cash flow statement

table #119 · current period is figure column 1
0Years Ended December 31,
1202520242023
2(Dollars in millions)
3Cash flows from operating activities
4Net income4,7725,7405,672
5Less: Net income from discontinued operations304745743
6Net income from continuing operations4,4684,9954,929
7Adjustments to reconcile net income from continuing operations to net cash provided by operating activities
8Depreciation546493490
9Amortization842659514
10Loss (gain) on sale of non-strategic businesses and assets181(5)
11Impairment of goodwill724--
12Impairment of assets held for sale270219-
13Repositioning and other (gains) charges(167)239844
14Net payments for repositioning and other charges(378)(470)(445)
15NARCO Buyout payment--(1,325)
16Resideo indemnification and reimbursement agreement termination payment1,590--
17Asbestos liabilities divestiture payment(1,428)--
18Pension and other postretirement income(396)(477)(408)
19Pension and other postretirement benefit payments(20)(32)(35)
20Stock compensation expense196189197
21Deferred income taxes18(229)189
22Other144(191)(534)
23Changes in assets and liabilities, net of the effects of acquisitions and divestitures
24Accounts receivable(825)(129)67
25Inventories(636)(286)(549)
26Other current assets(233)(111)224
27Accounts payable72478444
28Accrued liabilities1,325233270
29Income taxes(707)(69)(408)
30Net cash provided by operating activities from continuing operations6,0755,1124,459
31Net cash provided by operating activities from discontinued operations333985881
32Net cash provided by operating activities← Net cash from operating activities6,4086,0975,340
33Cash flows from investing activities
34Capital expenditures(986)(871)(741)
35Proceeds from disposals of property, plant and equipment31-43
36Increase in investments(1,503)(1,077)(560)
37Decrease in investments1,469870971
38(Payments) receipts from settlements of derivative contracts(399)946
39Cash paid for acquisitions, net of cash acquired(2,211)(8,880)(718)
40Proceeds from sales of businesses, net of fees paid1,157-4
41Net cash used for investing activities from continuing operations(2,442)(9,864)(995)
42Net cash used for investing activities from discontinued operations(269)(293)(298)
43Net cash used for investing activities← Net cash from investing activities(2,711)(10,157)(1,293)
44Years Ended December 31,
45202520242023
46(Dollars in millions)
47Cash flows from financing activities
48Proceeds from issuance of commercial paper and other short-term borrowings24,29713,83812,991
49Payments of commercial paper and other short-term borrowings(22,815)(11,578)(13,663)
50Proceeds from issuance of common stock237537196
51Proceeds from issuance of long-term debt4,03510,4082,986
52Payments of long-term debt(2,909)(1,812)(1,731)
53Repurchases of common stock(3,804)(1,655)(3,715)
54Cash dividends paid(2,976)(2,902)(2,855)
55Pre-separation funding1,962--
56Spin-off cash(449)--
57Other469328
58Net cash (used for) provided by financing activities← Net cash from financing activities(1,953)6,839(5,763)
59Effect of foreign exchange rate changes on cash and cash equivalents176(137)14
60Net increase (decrease) in cash and cash equivalents1,9202,642(1,702)
61Cash and cash equivalents at beginning of period10,5677,9259,627
62Cash and cash equivalents at end of period12,48710,5677,925