HONEYWELL INTERNATIONAL INC
For the period ended Dec 31, 2024. Filed Feb 14, 2025.
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FY2024 · Filed Feb 14, 2025
HON$229.00+4.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statement of Cash Flows
| TABLE OF CONTENTS | FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA |
|---|
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 · 2023 · 2022 | |||
| (Dollars in millions) | |||
| Cash flows from operating activities | |||
| Net income | $5,740 | $5,672 | $4,967 |
| Less: Net income attributable to noncontrolling interest | 35 | 14 | 1 |
| Net income attributable to Honeywell | 5,705 | 5,658 | 4,966 |
| Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities | |||
| Depreciation | 671 | 659 | 657 |
| Amortization | 663 | 517 | 547 |
| Loss (gain) on sale of non-strategic businesses and assets | 1 | (5) | (22) |
| Impairment of assets held for sale | 219 | — | — |
| Repositioning and other charges | 244 | 860 | 1,266 |
| Net payments for repositioning and other charges | (479) | (459) | (512) |
| NARCO Buyout payment | — | (1,325) | — |
| Pension and other postretirement income | (476) | (406) | (510) |
| Pension and other postretirement benefit payments | (32) | (38) | (23) |
| Stock compensation expense | 194 | 202 | 188 |
| Deferred income taxes | (233) | 153 | (180) |
| Other | (617) | (837) | (358) |
| Changes in assets and liabilities, net of the effects of acquisitions and divestitures | |||
| Accounts receivable | (96) | (42) | (739) |
| Inventories | (304) | (626) | (440) |
| Other current assets | 371 | 17 | 232 |
| Accounts payable | 95 | 518 | (155) |
| Accrued liabilities | 171 | 494 | 357 |
| Net cash provided by operating activities | 6,097 | 5,340 | 5,274 |
| Cash flows from investing activities | |||
| Capital expenditures | (1,164) | (1,039) | (766) |
| Proceeds from disposals of property, plant and equipment | — | 43 | 29 |
| Increase in investments | (1,077) | (560) | (1,211) |
| Decrease in investments | 870 | 971 | 1,255 |
| Receipts from Garrett Motion Inc. | — | — | 409 |
| Receipts from settlements of derivative contracts | 94 | 6 | 369 |
| Cash paid for acquisitions, net of cash acquired | (8,880) | (718) | (178) |
| Proceeds from sales of businesses, net of fees paid | — | 4 | — |
| Net cash used for investing activities | (10,157) | (1,293) | (93) |
| Cash flows from financing activities | |||
| Proceeds from issuance of commercial paper and other short-term borrowings | 13,838 | 12,991 | 7,661 |
| Payments of commercial paper and other short-term borrowings | (11,578) | (13,663) | (8,447) |
| Proceeds from issuance of common stock | 537 | 196 | 320 |
| Proceeds from issuance of long-term debt | 10,408 | 2,986 | 2,953 |
| Payments of long-term debt | (1,812) | (1,731) | (1,850) |
| Repurchases of common stock | (1,655) | (3,715) | (4,200) |
| Cash dividends paid | (2,902) | (2,855) | (2,719) |
| Other | 3 | 28 | (48) |
| Net cash provided by (used for) financing activities | 6,839 | (5,763) | (6,330) |
| Effect of foreign exchange rate changes on cash and cash equivalents | (137) | 14 | (183) |
| Net increase (decrease) in cash and cash equivalents | 2,642 | (1,702) | (1,332) |
| Cash and cash equivalents at beginning of period | 7,925 | 9,627 | 10,959 |
| Cash and cash equivalents at end of period | $10,567 | $7,925 | $9,627 |
55 Honeywell International Inc.
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