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HONEYWELL INTERNATIONAL INC.
(Unaudited)
(Dollars in tables in millions)
SUPPLEMENTAL QUARTERLY SEGMENT INFORMATION
Three Months Ended
 March 31, 2025June 30, 2025Sept 30, 2025March 31, 2024June 30, 2024Sept 30, 2024Dec 31, 2024
Net sales
Aerospace Technologies$4,172 $4,307 $4,511 $3,669 $3,891 $3,912 $3,986 
Building Automation1,692 1,826 1,878 1,426 1,571 1,745 1,798 
Process Automation and Technology1,445 1,613 1,598 1,352 1,408 1,478 1,681 
Industrial Automation1,597 1,574 1,447 1,703 1,697 1,677 1,699 
Corporate and All Other19 
Total Net sales from continuing operations$8,925 $9,322 $9,437 $8,157 $8,572 $8,819 $9,169 
Total Net sales from discontinued operations1
$897 $1,030 $971 $948 $1,005 $909 $919 
Segment profit
Aerospace Technologies$1,099 $1,098 $1,178 $1,035 $1,060 $1,082 $811 
Building Automation440 479 502 350 397 452 482 
Process Automation and Technology313 386 389 289 346 381 448 
Industrial Automation230 256 215 285 270 286 272 
Corporate and All Other2
(80)(140)(157)(100)(171)(162)(146)
Total segment profit from continuing operations$2,002 $2,079 $2,127 $1,859 $1,902 $2,039 $1,867 
Total segment profit from discontinued operations1
$256 $287 $280 $235 $297 $257 $243 
 Three Months Ended
March 31, 2025June 30, 2025Sept 30, 2025March 31, 2024June 30, 2024Sept 30, 2024Dec 31, 2024
Aerospace Technologies
Commercial Aviation Original Equipment$627 $586 $632 $674 $668 $617 $264 
Commercial Aviation Aftermarket1,899 1,916 2,085 1,659 1,798 1,758 1,929 
Defense and Space1,646 1,805 1,794 1,336 1,425 1,537 1,793 
Total Net Aerospace Technologies sales4,172 4,307 4,511 3,669 3,891 3,912 3,986 
Building Automation
Products919 1,007 1,028 755 835 950 983 
Solutions773 819 850 671 736 795 815 
Total Net Building Automation sales1,692 1,826 1,878 1,426 1,571 1,745 1,798 
Process Automation and Technology
Projects602 667 687 528 534 556 652 
Aftermarket843 946 911 824 874 922 1,029 
Total Net Process Automation and Technology sales1,445 1,613 1,598 1,352 1,408 1,478 1,681 
Industrial Automation
Products1,200 1,161 1,021 1,245 1,237 1,222 1,238 
Solutions397 413 426 458 460 455 461 
Total Net Industrial Automation sales1,597 1,574 1,447 1,703 1,697 1,677 1,699 
Corporate and All Other19 2 3 7 5 7 5 
Total Net sales from continuing operations$8,925 $9,322 $9,437 $8,157 $8,572 $8,819 $9,169 
Total Net sales from discontinued operations1
$897 $1,030 $971 $948 $1,005 $909 $919 
1Effective October 30, 2025, Honeywell completed the spin-off of its Advanced Materials (AM) business into an independent, publicly traded company, Solstice Advanced Materials. The AM business had historically been part of the Energy and Sustainability Systems reportable segment. In connection with the spin-off, the AM business is reported as discontinued operations in all periods presented.
2Corporate expenses historically allocated to AM and not eligible to be part of discontinued operations are included in Corporate and All Other.




HONEYWELL INTERNATIONAL INC.
(Unaudited)
(Dollars in tables in millions)
SUPPLEMENTAL ANNUAL SEGMENT INFORMATION
 Years Ended Dec 31,
20242023
Net sales
Aerospace Technologies$15,458 $13,624 
Building Automation6,540 6,031 
Process Automation and Technology5,919 5,683 
Industrial Automation6,776 7,659 
Corporate and All Other24 12 
Total Net sales from continuing operations$34,717 $33,009 
Total Net sales from discontinued operations1
$3,781 $3,653 
Segment profit
Aerospace Technologies$3,988 $3,760 
Building Automation1,681 1,529 
Process Automation and Technology1,464 1,390 
Industrial Automation1,113 1,388 
Corporate and All Other2
(579)(504)
Total segment profit from continuing operations$7,667 $7,563 
Total segment profit from discontinued operations1
$1,032 $1,035 
Years Ended Dec 31,
 20242023
Aerospace Technologies 
Commercial Aviation Original Equipment$2,223 $2,397 
Commercial Aviation Aftermarket7,144 6,241 
Defense and Space6,091 4,986 
Total Net Aerospace Technologies sales15,458 13,624 
Building Automation
Products3,523 3,358 
Solutions3,017 2,673 
Total Net Building Automation sales6,540 6,031 
Process Automation & Technology
Projects2,270 2,257 
Aftermarket3,649 3,426 
Total Net Process Automation and Technology sales5,919 5,683 
Industrial Automation
Products4,942 5,237 
Solutions1,834 2,422 
Total Net Industrial Automation sales6,776 7,659 
Corporate and All Other24 12 
Total Net sales from continuing operations$34,717 $33,009 
Total Net sales from discontinued operations1
$3,781 $3,653 

1Effective October 30, 2025, Honeywell completed the spin-off of its AM business into an independent, publicly traded company, Solstice Advanced Materials. The AM business had historically been part of the Energy and Sustainability Systems reportable segment. In connection with the spin-off, the AM business is reported as discontinued operations in all periods presented.
2
Corporate expenses historically allocated to AM and not eligible to be part of discontinued operations are included in Corporate and All Other.




HONEYWELL INTERNATIONAL INC.
(Unaudited)
(Dollars in tables in millions)
BUILDING AUTOMATION
Net Sales
chart-46c8220413a8474dad1.jpg
Three Months Ended
March 31, 2025June 30, 2025Sept
30, 2025
March 31, 2024June 30, 2024Sept
30, 2024
Dec
31, 2024
Net sales$1,692 $1,826 $1,878 $1,426 $1,571 $1,745 $1,798 
Cost of products and services sold868 944 990 764 844 926 948 
Selling, general and administrative and other expenses384 403 386 312 330 367 368 
Segment profit$440 $479 $502 $350 $397 $452 $482 
chart-ae28f6faa62d45c6b4a.jpg
20242023
Net sales$6,540 $6,031 
Cost of products and services sold3,482 3,240 
Selling, general and administrative and other expenses1,377 1,262 
Segment profit$1,681 $1,529 



HONEYWELL INTERNATIONAL INC.
(Unaudited)
(Dollars in tables in millions)
PROCESS AUTOMATION AND TECHNOLOGY
Net Sales
chart-441f7a8d47014cfc9a1.jpg
Three Months Ended
March 31, 2025June 30, 2025Sept
30, 2025
March 31, 2024June 30, 2024Sept
30, 2024
Dec
31, 2024
Net sales$1,445 $1,613 $1,598 $1,352 $1,408 $1,478 $1,681 
Cost of products and services sold809 896 896 753 736 $792 $924 
Selling, general and administrative and other expenses323 331 313 310 326 305 309 
Segment profit$313 $386 $389 $289 $346 $381 $448 
chart-e81f1442c57f49499fe.jpg
20242023
Net sales$5,919 $5,683 
Cost of products and services sold3,205 $3,220 
Selling, general and administrative and other expenses1,250 1,073 
Segment profit$1,464 $1,390 



HONEYWELL INTERNATIONAL INC.
(Unaudited)
(Dollars in tables in millions)
INDUSTRIAL AUTOMATION
Net Sales
chart-90f98f6001da43a49ce.jpg
Three Months Ended
March 31, 2025June 30, 2025Sept
30, 2025
March 31, 2024June 30, 2024Sept
30, 2024
Dec
31, 2024
Net sales$1,597 $1,574 $1,447 $1,703 $1,697 $1,677 $1,699 
Cost of products and services sold989 958 911 1,046 1,075 1,051 1,067 
Selling, general and administrative and other expenses378 360 321 372 352 340 360 
Segment profit$230 $256 $215 $285 $270 $286 $272 
chart-7a5d7ad2b7964dd5af6.jpg
20242023
Net sales$6,776 $7,659 
Cost of products and services sold4,239 4,758 
Selling, general and administrative and other expenses1,424 1,513 
Segment profit$1,113 $1,388 



Appendix

Non-GAAP Financial Measures

The following information provides definitions and reconciliations of certain non-GAAP financial measures presented in this supplemental schedule to which this reconciliation is attached to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP).

Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Other companies may calculate these non-GAAP measures differently, limiting the usefulness of these measures for comparative purposes.

Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitations of these non-GAAP financial measures are that they exclude significant expenses and income that are required by GAAP to be recognized in the consolidated financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these non-GAAP financial measures. Investors are urged to review the reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures and not to rely on any single financial measure to evaluate Honeywell’s business.



Honeywell International Inc.
Reconciliation of Organic Sales % Change
(Unaudited)
 
Three Months EndedYear Ended
 March
31, 2025
June
30, 2025
September 30, 2025December 31, 2024
Honeywell
Reported sales % change9%9%7%5%
Less: Foreign currency translation(1)%—%—%(1)%
Less: Acquisitions, divestitures and other, net5%4%1%3%
Organic sales % change5%5%6%3%
Aerospace Technologies
Reported sales % change14%11%15%13%
Less: Foreign currency translation—%—%—%—%
Less: Acquisitions, divestitures and other, net5%5%3%2%
Organic sales % change9%6%12%11%
 
Building Automation
Reported sales % change19%16%8%8%
Less: Foreign currency translation(2)%—%1%(1)%
Less: Acquisitions, divestitures and other, net13%8%—%7%
Organic sales % change8%8%7%2%
Process Automation and Technology
Reported sales % change7%15%8%4%
Less: Foreign currency translation(2)%1%—%(1)%
Less: Acquisitions, divestitures and other, net6%8%14%2%
Organic sales % change3%6%(6)%3%
Industrial Automation
Reported sales % change(6)%(7)%(14)%(12)%
Less: Foreign currency translation(1)%1%1%(1)%
Less: Acquisitions, divestitures and other, net—%(8)%(16)%—%
Organic sales % change(5)%—%1%(11)%

We define organic sales percentage as the year-over-year change in reported sales from continuing operations relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date. We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.



Honeywell International Inc.
Reconciliation of Operating Income to Segment Profit
(Unaudited)
(Dollars in millions)
 
Three Months Ended March 31,
20252024
Continuing Operations
Discontinued Operations1
Continuing Operations
Discontinued Operations1
Operating income$1,721 $249 $1,626 $234 
Stock compensation expense2
59 52 
Repositioning, Other3,4
59 94 (2)
Pension and other postretirement service costs5
13 15 
Amortization of acquisition-related intangibles6
135 69 
Acquisition-related costs7
— — — 
Impairment of assets held for sale15 — — — 
Segment profit$2,002 $256 $1,859 $235 
Effective October 30, 2025, Honeywell completed the spin-off of its AM business into an independent, publicly traded company, Solstice Advanced Materials. The AM business had historically been part of the Energy and Sustainability Systems reportable segment. In connection with the spin-off, the AM business is reported as discontinued operations in all periods presented.
Included in Selling, general and administrative expenses.
Includes repositioning, asbestos, environmental expenses, equity income adjustment, and other charges.
Included in Cost of products and services sold and Selling, general and administrative expenses.
Included in Cost of products and services sold, Research and development expenses, and Selling, general and administrative expenses.
Included in Cost of products and services sold.
Included in Other (income) expense. Includes acquisition-related fair value adjustments to inventory and third-party transaction and integration costs.
Three Months Ended June 30,
20252024
Continuing Operations
Discontinued Operations1
Continuing Operations
Discontinued Operations1
Operating income$1,843 $271 $1,692 $286 
Stock compensation expense2
55 54 
Repositioning, Other3,4
42 12 50 
Pension and other postretirement service costs5
14 15 
Amortization of acquisition-related intangibles6
132 84 
Acquisition-related costs7
(7)— — 
Segment profit$2,079 $287 $1,902 $297 
Effective October 30, 2025, Honeywell completed the spin-off of its AM business into an independent, publicly traded company, Solstice Advanced Materials. The AM business had historically been part of the Energy and Sustainability Systems reportable segment. In connection with the spin-off, the AM business is reported as discontinued operations in all periods presented.
Included in Selling, general and administrative expenses.
Includes repositioning, asbestos, environmental expenses, equity income adjustment, and other charges.
Included in Cost of products and services sold and Selling, general and administrative expenses.
Included in Cost of products and services sold, Research and development expenses, and Selling, general and administrative expenses.
Included in Cost of products and services sold.
Included in Other (income) expense. Includes acquisition-related fair value adjustments to inventory and third-party transaction and integration costs.



Honeywell International Inc.
Reconciliation of Operating Income to Segment Profit (Continued)
(Unaudited)
(Dollars in millions)
Three Months Ended September 30,
20252024
Continuing Operations
Discontinued Operations1
Continuing Operations
Discontinued Operations1
Operating income$1,484 $270 $1,610 $248 
Stock compensation expense2
32 44 
Repositioning, Other3,4
444 63 
Pension and other postretirement service costs5
18 15 
Amortization of acquisition-related intangibles6
140 119 
Acquisition-related costs7
— 15 — 
Indefinite-lived intangible asset impairment2
— — 48 — 
Impairment of assets held for sale— — 125 — 
Segment profit$2,127 $280 $2,039 $257 
Effective October 30, 2025, Honeywell completed the spin-off of its AM business into an independent, publicly traded company, Solstice Advanced Materials. The AM business had historically been part of the Energy and Sustainability Systems reportable segment. In connection with the spin-off, the AM business is reported as discontinued operations in all periods presented.
Included in Selling, general and administrative expenses.
Includes repositioning, asbestos, environmental expenses, equity income adjustment, and other charges.
Included in Cost of products and services sold and Selling, general and administrative expenses.
Included in Cost of products and services sold, Research and development expenses, and Selling, general and administrative expenses.
Included in Cost of products and services sold.
Included in Other (income) expense. Includes acquisition-related fair value adjustments to inventory and third-party transaction and integration costs.
Three Months Ended December 31,
2024
Continuing Operations
Discontinued Operations1
Operating income$1,521 $224 
Stock compensation expense2
39 
Repositioning, Other3,4
58 15 
Pension and other postretirement service costs5
16 
Amortization of acquisition-related intangibles6
139 
Impairment of assets held for sale94 — 
Segment profit$1,867 $243 
Effective October 30, 2025, Honeywell completed the spin-off of its AM business into an independent, publicly traded company, Solstice Advanced Materials. The AM business had historically been part of the Energy and Sustainability Systems reportable segment. In connection with the spin-off, the AM business is reported as discontinued operations in all periods presented.
Included in Selling, general and administrative expenses.
Includes repositioning, asbestos, environmental expenses, equity income adjustment, and other charges.
Included in Cost of products and services sold and Selling, general and administrative expenses.
Included in Cost of products and services sold, Research and development expenses, and Selling, general and administrative expenses.
Included in Cost of products and services sold.



 Years Ended December 31,
 20242023
Continuing Operations
Discontinued Operations1
Continuing Operations
Discontinued Operations1
Operating income$6,449 $992 $6,110 $974 
Stock compensation expense2
189 197 
Repositioning, Other3,4
265 27 900 52 
Pension and other postretirement service costs5
61 64 
Amortization of acquisition-related intangibles6
411 290 
Acquisition-related costs7
25 — — 
Indefinite-lived intangible asset impairment2
48 — — — 
Impairment of assets held for sale219 — — — 
Segment profit$7,667 $1,032 $7,563 $1,035 
Effective October 30, 2025, Honeywell completed the spin-off of its AM business into an independent, publicly traded company, Solstice Advanced Materials. The AM business had historically been part of the Energy and Sustainability Systems reportable segment. In connection with the spin-off, the AM business is reported as discontinued operations in all periods presented.
Included in Selling, general and administrative expenses.
Includes repositioning, asbestos, environmental expenses, equity income adjustment, and other charges.
Included in Cost of products and services sold and Selling, general and administrative expenses.
Included in Cost of products and services sold, Research and development expenses, and Selling, general and administrative expenses.
Included in Cost of products and services sold.
Included in Other (income) expense. Includes acquisition-related fair value adjustments to inventory and third-party transaction and integration costs.
We define operating income as net sales less total cost of products and services sold, research and development expenses, impairment of assets held for sale, and selling, general and administrative expenses. We define segment profit, on an overall Honeywell basis, as operating income, excluding stock compensation expense, pension and other postretirement service costs, amortization of acquisition-related intangibles, certain acquisition- and divestiture-related costs and impairments, and repositioning and other charges. We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.