CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) $ in Millions |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
|
| Consolidated Statement of Operations | ||||
| Product sales | $ 7,744 | $ 7,573 | $ 23,398 | $ 22,735 |
| Service sales | 2,060 | 2,038 | 5,919 | 5,864 |
| Net Sales | 9,804 | 9,611 | 29,317 | 28,599 |
| Costs, expenses and other | ||||
| Cost of products sold | 5,594 | 5,372 | 16,545 | 16,126 |
| Cost of services sold | 1,309 | 1,282 | 3,726 | 3,704 |
| Cost of products and services sold | 6,903 | 6,654 | 20,271 | 19,830 |
| Selling, general and administrative expenses | 1,367 | 1,202 | 3,976 | 3,674 |
| Other (income) expense | (180) | (24) | (197) | (64) |
| Interest and other financial charges | 82 | 72 | 252 | 226 |
| Cost, operating and non-operating expenses | 8,172 | 7,904 | 24,302 | 23,666 |
| Income before taxes | 1,632 | 1,707 | 5,015 | 4,933 |
| Tax expense | 384 | 431 | 1,214 | 1,289 |
| Net income | 1,248 | 1,276 | 3,801 | 3,644 |
| Less: Net income attributable to the noncontrolling interest | 8 | 12 | 26 | 70 |
| Net income attributable to Honeywell | $ 1,240 | $ 1,264 | $ 3,775 | $ 3,574 |
| Earnings per share of common stock - basic | $ 1.62 | $ 1.62 | $ 4.93 | $ 4.57 |
| Earnings per share of common stock - assuming dilution | 1.6 | 1.6 | 4.86 | 4.51 |
| Cash dividends per share of common stock | $ 0.595 | $ 0.5175 | $ 1.785 | $ 1.5525 |