Honeywell International (HON) 10-Q 23 Jul 21 2021 Q2 Quarterly report Financial data

DOCUMENT AND ENTITY INFORMATION

DOCUMENT AND ENTITY INFORMATION	6 Months Ended
	Jun. 30, 2021shares
Cover [Abstract]
Document type	10-Q
Document Quarterly Report	true
Document period end date	Jun. 30, 2021
Document Transition Report	false
Entity File Number	1-8974
Entity registrant name	Honeywell International Inc
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	22-2640650
Entity Address, Address Line One	300 South Tryon Street
Entity Address, City or Town	Charlotte,
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28202
City Area Code	(704)
Local Phone Number	627-6200
Entity Listings [Line Items]
Entity current reporting status	Yes
Entity Interactive Data Current	Yes
Entity filer category	Large Accelerated Filer
Document Fiscal Year Focus	2021
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity common stock shares outstanding	690,399,265
Document Fiscal Period Focus	Q2
Current fiscal year end date	--12-31
Amendment flag	false
Entity central index key	0000773840
Common Stock [Member]
Entity Listings [Line Items]
Title of 12(b) Security	Common Stock, par value $1 per share*
Trading Symbol	HON
The NASDAQ Stock Market LLC	NASDAQ
1.300% Senior Notes due 2023 [Member]
Entity Listings [Line Items]
Title of 12(b) Security	1.300% Senior Notes due 2023
Trading Symbol	HON 23A
The NASDAQ Stock Market LLC	NASDAQ
0.000% Senior Notes due 2024 [Member]
Entity Listings [Line Items]
Title of 12(b) Security	0.000% Senior Notes due 2024
Trading Symbol	HON 24A
The NASDAQ Stock Market LLC	NASDAQ
2.250% Senior Notes due 2028 [Member]
Entity Listings [Line Items]
Title of 12(b) Security	2.250% Senior Notes due 2028
Trading Symbol	HON 28A
The NASDAQ Stock Market LLC	NASDAQ
0.750% Senior Notes due 2032 [Member]
Entity Listings [Line Items]
Title of 12(b) Security	0.750% Senior Notes due 2032
Trading Symbol	HON 32
The NASDAQ Stock Market LLC	NASDAQ

CONSOLIDATED STATEMENT OF OPERA

CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Consolidated Statement of Operations
Net Sales	$ 8,808	$ 7,477	$ 17,262	$ 15,940
Costs, expenses and other
Cost of products and services sold	6,003	5,276	11,712	10,810
Selling, general and administrative expenses	1,207	1,183	2,443	2,421
Other (income) expense	(366)	(291)	(808)	(608)
Interest and other financial charges	83	90	173	163
Cost, operating and non-operating expenses	6,927	6,258	13,520	12,786
Income before taxes	1,881	1,219	3,742	3,154
Tax expense (benefit)	434	120	847	449
Net income	1,447	1,099	2,895	2,705
Less: Net income attributable to the noncontrolling interest	17	18	38	43
Net income attributable to Honeywell	$ 1,430	$ 1,081	$ 2,857	$ 2,662
Earnings per share of common stock - basic (in dollars per share)	$ 2.06	$ 1.54	$ 4.11	$ 3.77
Earnings per share of common stock - assuming dilution (in dollars per share)	$ 2.04	$ 1.53	$ 4.06	$ 3.74
Products [Member]
Consolidated Statement of Operations
Net Sales	$ 6,639	$ 5,743	$ 13,048	$ 12,048
Costs, expenses and other
Cost of products and services sold	4,734	4,163	9,285	8,537
Services [Member]
Consolidated Statement of Operations
Net Sales	2,169	1,734	4,214	3,892
Costs, expenses and other
Cost of products and services sold	$ 1,269	$ 1,113	$ 2,427	$ 2,273

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 1,447,000,000	$ 1,099,000,000	$ 2,895,000,000	$ 2,705,000,000
Other comprehensive income (loss), net of tax
Foreign exchange translation adjustment	129,000,000	121,000,000	343,000,000	(155,000,000)
Pension and other postretirement benefit adjustments	(21,000,000)	(20,000,000)	(43,000,000)	(40,000,000)
Changes in fair value of available for sale investments	0	0	(3,000,000)	0
Cash flow hedges recognized in other comprehensive income (loss)	7,000,000	(91,000,000)	15,000,000	104,000,000
Less: Reclassification adjustment for gains (losses) included in net income	6,000,000	(33,000,000)	9,000,000	22,000,000
Changes in fair value of cash flow hedges	1,000,000	(58,000,000)	6,000,000	82,000,000
Other comprehensive income (loss), net of tax	109,000,000	43,000,000	303,000,000	(113,000,000)
Comprehensive income	1,556,000,000	1,142,000,000	3,198,000,000	2,592,000,000
Less: Comprehensive income attributable to the noncontrolling interest	17,000,000	21,000,000	39,000,000	39,000,000
Comprehensive income attributable to Honeywell	$ 1,539,000,000	$ 1,121,000,000	$ 3,159,000,000	$ 2,553,000,000

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Jun. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 11,427	$ 14,275
Short-term Investments	891	945
Accounts receivable - net	6,947	6,827
Inventories	4,723	4,489
Other current assets	1,664	1,639
Total current assets	25,652	28,175
Investments and long-term receivables	1,358	685
Property, plant and equipment - net	5,520	5,570
Goodwill	17,135	16,058
Other intangible assets - net	3,748	3,560
Insurance recoveries for asbestos related liabilities	342	366
Deferred income taxes	762	760
Other assets	9,428	9,412
Total assets	63,945	64,586
Current liabilities:
Accounts payable	6,139	5,750
Commercial paper and other short-term borrowings	3,573	3,597
Current maturities of long-term debt	1,645	2,445
Accrued liabilities	6,786	7,405
Total current liabilities	18,143	19,197
Long-term debt	16,138	16,342
Deferred income taxes	2,302	2,113
Postretirement benefit obligations other than pensions	225	242
Asbestos-related liabilities	1,819	1,920
Other liabilities	7,109	6,975
Redeemable noncontrolling interest	7	7
SHAREOWNERS' EQUITY
Capital - common stock issued	958	958
Capital - additional paid in capital	7,566	7,292
Common stock held in treasury, at cost	(28,978)	(27,229)
Accumulated other comprehensive loss	(3,075)	(3,377)
Retained earnings	41,467	39,905
Total Honeywell shareowners' equity	17,938	17,549
Noncontrolling interest	264	241
Total shareowners' equity	18,202	17,790
Total liabilities, redeemable noncontrolling interest, and shareowners' equity	$ 63,945	$ 64,586

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities:
Net income	$ 2,895,000,000	$ 2,705,000,000
Less: Net income attributable to the noncontrolling interest	38,000,000	43,000,000
Net income attributable to Honeywell	2,857,000,000	2,662,000,000
Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities:
Depreciation	335,000,000	314,000,000
Amortization	290,000,000	179,000,000
Gain on sale of non-strategic businesses and assets	(90,000,000)	0
Repositioning and other charges	242,000,000	342,000,000
Net payments for repositioning and other charges	(358,000,000)	(309,000,000)
Pension and other postretirement income	(583,000,000)	(423,000,000)
Pension and other postretirement benefit payments	(27,000,000)	(23,000,000)
Stock compensation expense	116,000,000	78,000,000
Deferred income taxes	101,000,000	(277,000,000)
Other	(277,000,000)	(285,000,000)
Changes in assets and liabilities, net of the effects of acquisitions and divestitures:
Accounts receivable	(127,000,000)	776,000,000
Inventories	(271,000,000)	(331,000,000)
Other current assets	(98,000,000)	106,000,000
Accounts payable	402,000,000	(364,000,000)
Accrued liabilities	(256,000,000)	(26,000,000)
Net cash provided by (used for) operating activities	2,256,000,000	2,419,000,000
Cash flows from investing activities:
Expenditures for property, plant and equipment	(406,000,000)	(366,000,000)
Proceeds from disposals of property, plant and equipment	14,000,000	7,000,000
Increase in investments	(1,397,000,000)	(1,671,000,000)
Decrease in investments	1,331,000,000	1,589,000,000
Receipts from Garrett Motion Inc.	375,000,000	0
Receipts (payments) from settlements of derivative contracts	(23,000,000)	83,000,000
Cash paid for acquisitions, net of cash acquired	(1,327,000,000)	0
Proceeds from sales of businesses, net of fees paid	190,000,000	0
Net cash provided by (used for) investing activities	(1,243,000,000)	(358,000,000)
Cash flows from financing activities:
Proceeds from issuance of commercial paper and other short-term borrowings	2,358,000,000	7,165,000,000
Payments of commercial paper and other short-term borrowings	(2,355,000,000)	(7,094,000,000)
Proceeds from issuance of common stock	114,000,000	97,000,000
Proceeds from issuance of long-term debt	27,000,000	7,101,000,000
Payments of long-term debt	(835,000,000)	(1,218,000,000)
Repurchases of common stock	(1,849,000,000)	(1,985,000,000)
Cash dividends paid	(1,304,000,000)	(1,285,000,000)
Other	(33,000,000)	(40,000,000)
Net cash provided by (used for) financing activities	(3,877,000,000)	2,741,000,000
Effect of foreign exchange rate changes on cash and cash equivalents	16,000,000	(91,000,000)
Net increase (decrease) in cash and cash equivalents	(2,848,000,000)	4,711,000,000
Cash and cash equivalents at beginning of period	14,275,000,000	9,067,000,000
Cash and cash equivalents at end of period	$ 11,427,000,000	$ 13,778,000,000

CONSOLIDATED STATEMENT OF SHARE

CONSOLIDATED STATEMENT OF SHAREOWNERS EQUITY - USD ($)	Total	Common Stock [Member]	Additional paid-in capital [Member]	Treasury stock [Member]	Retained earnings [Member]	Accumulated other comprehensive income (loss) [Member]	Noncontrolling interest [Member]
Balance at beginning of period at Dec. 31, 2019			$ 6,876,000,000	$ (23,836,000,000)	$ 37,693,000,000	$ (3,197,000,000)	$ 212,000,000
Issued for employee savings and option plans			150,000,000	$ 136,000,000
Stock Issued During Period Shares For Employee Savings And Option Plans				2,800,000
Stock-based compensation expense			78,000,000
Treasury Stock, Shares beginning balance at Dec. 31, 2019				(246,500,000)
Reacquired stock or repurchases of common stock				$ (1,985,000,000)
Reacquired stock or repurchases of common stock, shares				(12,100,000)
Treasury Stock, Shares ending balance at Jun. 30, 2020				(255,800,000)
Net income attributable to Honeywell	$ 2,662,000,000				2,662,000,000
Acquisitions, divestitures, and other							(6,000,000)
Dividends on common stock					(1,275,000,000)
Foreign exchange translation adjustment	(155,000,000)					(155,000,000)	(4,000,000)
Pension and other postretirement benefit adjustments	(40,000,000)					(40,000,000)
Changes in fair value of available for sale investments						0
Changes in fair value of cash flow hedges	82,000,000					82,000,000
Net Income attributable to noncontrolling interest	$ 43,000,000						43,000,000
Dividends Paid							(26,000,000)
Contributions from noncontrolling interest holders							0
Cash dividends per share of common stock	$ 1.800
Balance at end of period at Jun. 30, 2020	$ 18,366,000,000	$ 958,000,000	7,104,000,000	$ (25,685,000,000)	39,080,000,000	(3,310,000,000)	219,000,000
Common Stock, Shares, Issued, Ending Balance at Jun. 30, 2020	957,600,000	957,600,000
Balance at beginning of period at Mar. 31, 2020			7,047,000,000	(25,643,000,000)	38,635,000,000	(3,353,000,000)	221,000,000
Issued for employee savings and option plans			23,000,000	$ 20,000,000
Stock Issued During Period Shares For Employee Savings And Option Plans				400,000
Stock-based compensation expense			34,000,000
Treasury Stock, Shares beginning balance at Mar. 31, 2020				(255,800,000)
Reacquired stock or repurchases of common stock				$ (62,000,000)
Reacquired stock or repurchases of common stock, shares				(400,000)
Treasury Stock, Shares ending balance at Jun. 30, 2020				(255,800,000)
Net income attributable to Honeywell	$ 1,081,000,000				1,081,000,000
Acquisitions, divestitures, and other							0
Dividends on common stock					(636,000,000)
Foreign exchange translation adjustment	121,000,000					121,000,000	3,000,000
Pension and other postretirement benefit adjustments	(20,000,000)					(20,000,000)
Changes in fair value of available for sale investments						0
Changes in fair value of cash flow hedges	(58,000,000)					(58,000,000)
Net Income attributable to noncontrolling interest	$ 18,000,000						18,000,000
Dividends Paid							(23,000,000)
Contributions from noncontrolling interest holders							0
Cash dividends per share of common stock	$ 0.900
Balance at end of period at Jun. 30, 2020	$ 18,366,000,000	$ 958,000,000	7,104,000,000	$ (25,685,000,000)	39,080,000,000	(3,310,000,000)	219,000,000
Common Stock, Shares, Issued, Ending Balance at Jun. 30, 2020	957,600,000	957,600,000
Shares outstanding	701,800,000
Balance at beginning of period at Dec. 31, 2020	$ 17,790,000,000		7,292,000,000	(27,229,000,000)	39,905,000,000	(3,377,000,000)	241,000,000
Issued for employee savings and option plans			158,000,000	$ 100,000,000
Stock Issued During Period Shares For Employee Savings And Option Plans				2,200,000
Stock-based compensation expense			116,000,000
Treasury Stock, Shares beginning balance at Dec. 31, 2020				(260,800,000)
Reacquired stock or repurchases of common stock				$ (1,849,000,000)
Reacquired stock or repurchases of common stock, shares				(8,600,000)
Treasury Stock, Shares ending balance at Jun. 30, 2021				(267,200,000)
Net income attributable to Honeywell	2,857,000,000				2,857,000,000
Acquisitions, divestitures, and other							5,000,000
Dividends on common stock					(1,295,000,000)
Foreign exchange translation adjustment	343,000,000					342,000,000	1,000,000
Pension and other postretirement benefit adjustments	(43,000,000)					(43,000,000)
Changes in fair value of available for sale investments						3,000,000
Changes in fair value of cash flow hedges	6,000,000					6,000,000
Net Income attributable to noncontrolling interest	$ 38,000,000						38,000,000
Dividends Paid							(25,000,000)
Contributions from noncontrolling interest holders							4,000,000
Cash dividends per share of common stock	$ 1.860
Balance at end of period at Jun. 30, 2021	$ 18,202,000,000	$ 958,000,000	7,566,000,000	$ (28,978,000,000)	41,467,000,000	(3,075,000,000)	264,000,000
Common Stock, Shares, Issued, Ending Balance at Jun. 30, 2021	957,600,000	957,600,000
Balance at beginning of period at Mar. 31, 2021			7,505,000,000	(27,975,000,000)	40,682,000,000	(3,184,000,000)	266,000,000
Issued for employee savings and option plans			22,000,000	$ 24,000,000
Stock Issued During Period Shares For Employee Savings And Option Plans				400,000
Stock-based compensation expense			39,000,000
Treasury Stock, Shares beginning balance at Mar. 31, 2021				(263,000,000)
Reacquired stock or repurchases of common stock				$ (1,027,000,000)
Reacquired stock or repurchases of common stock, shares				(4,600,000)
Treasury Stock, Shares ending balance at Jun. 30, 2021				(267,200,000)
Net income attributable to Honeywell	$ 1,430,000,000				1,430,000,000
Acquisitions, divestitures, and other							5,000,000
Dividends on common stock					(645,000,000)
Foreign exchange translation adjustment	129,000,000					129,000,000	0
Pension and other postretirement benefit adjustments	(21,000,000)					(21,000,000)
Changes in fair value of available for sale investments						0
Changes in fair value of cash flow hedges	1,000,000					1,000,000
Net Income attributable to noncontrolling interest	$ 17,000,000						17,000,000
Dividends Paid							(24,000,000)
Contributions from noncontrolling interest holders							0
Cash dividends per share of common stock	$ 0.930
Balance at end of period at Jun. 30, 2021	$ 18,202,000,000	$ 958,000,000	$ 7,566,000,000	$ (28,978,000,000)	$ 41,467,000,000	$ (3,075,000,000)	$ 264,000,000
Common Stock, Shares, Issued, Ending Balance at Jun. 30, 2021	957,600,000	957,600,000
Shares outstanding	690,400,000

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation [Text Block]	In the opinion of management, the accompanying unaudited Consolidated Financial Statements reflect all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the financial position of Honeywell International Inc. and its consolidated subsidiaries (Honeywell or the Company) at June 30, 2021, and December 31, 2020, the cash flows for the six months ended June 30, 2021 and 2020, the results of operations for the three and six months ended June 30, 2021 and 2020, and the shareowners' equity for the three and six months ended June 30, 2021 and 2020. The results of operations for the three and six months ended June 30, 2021, and cash flows for the six months ended June 30, 2021, should not necessarily be taken as indicative of the entire year.Honeywell reports its quarterly financial information using a calendar convention; the first, second and third quarters are consistently reported as ending on March 31, June 30 and September 30. It has been Honeywell's practice to establish actual quarterly closing dates using a predetermined fiscal calendar, which requires Honeywell's businesses to close their books on a Saturday in order to minimize the potentially disruptive effects of quarterly closing on our business processes. The effects of this practice are generally not significant to reported results for any quarter and only exist within a reporting year. In the event that differences in actual closing dates are material to year-over-year comparisons of quarterly or year-to-date results, Honeywell will provide appropriate disclosures. Honeywell's actual closing dates for the three and six months ended June 30, 2021, and June 30, 2020, were July 3, 2021, and June 27, 2020, respectively.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies [Text Block]	The accounting policies of the Company are set forth in Note 1 to the Company's Consolidated Financial Statements contained in the Company’s 2020 Annual Report on Form 10-K. The Company includes herein certain updates to those policies. RECLASSIFICATIONS Certain prior year amounts have been reclassified to conform to the current year presentation. RECENT ACCOUNTING PRONOUNCEMENTS The Company considers the applicability and impact of all Accounting Standards Updates (ASUs) issued by the Financial Accounting Standards Board (FASB). ASUs not listed below were assessed and determined to be either not applicable or are expected to have minimal impact on our Consolidated Financial Statements. In December 2019, the FASB issued an ASU to simplify the accounting for income taxes. The standard’s amendments include changes in various subtopics of accounting for income taxes including, but not limited to, accounting for “hybrid” tax regimes, tax basis step-up in goodwill obtained in a transaction that is not a business combination, intraperiod tax allocation exception to incremental approach, ownership changes in investments, interim-period accounting for enacted changes in tax law, and year-to-date loss limitation in interim-period tax accounting. Effective January 1, 2021, the Company adopted this standard. The adoption of this standard did not have a material impact on the Company's Consolidated Financial Statements. In March 2020, the FASB issued guidance that provides optional expedients and exceptions for applying generally accepted accounting principles to contracts, hedging relationships, and other transactions affected by the transition away from reference rates expected to be discontinued to alternative reference rates. The guidance was effective upon issuance and may be applied prospectively to contract modifications made and hedging relationships entered into on or before December 31, 2022. The Company is currently evaluating the impacts of this guidance on the Company’s Consolidated Financial Statements. The Company does not expect the adoption of this standard to have a material impact on the Company’s Consolidated Financial Statements.

ACQUISITIONS AND DIVESTITURES

ACQUISITIONS AND DIVESTITURES	6 Months Ended
	Jun. 30, 2021
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	On February 12, 2021, the Company acquired 100% of the shares outstanding of Sparta Systems, a leading provider of enterprise quality management software for the life sciences industry, for $1,303 million. Sparta Systems is expected to further strengthen the Company's leadership in industrial automation, digital transformation solutions, and enterprise performance management software. The business is included within the Performance Materials and Technologies segment. The assets and liabilities acquired with Sparta Systems are included in the Consolidated Balance Sheet as of June 30, 2021, including $383 million of intangible assets and $1,029 million allocated to goodwill, which is non-deductible for tax purposes. The purchase accounting is subject to final adjustment, primarily for the valuation of intangible assets, amounts allocated to goodwill, tax balances, and certain pre-acquisition contingencies. On March 15, 2021, the Company completed the sale of its retail footwear business in exchange for gross cash consideration of $230 million. The Company recognized a pre-tax gain of $90 million, which was recorded in Other (income) expense. The retail footwear business was previously included in the Safety and Productivity Solutions segment.

REVENUE RECOGNITION AND CONTRAC

REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS	6 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	Honeywell generates revenue from a comprehensive offering of products and services, including software and technologies, that are sold to a variety of customers in multiple end markets. See the following table and related discussions by operating segment for details. Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Aerospace Commercial Aviation Original Equipment $ 436 $ 446 $ 867 $ 1,121 Commercial Aviation Aftermarket 1,015 661 1,925 2,046 Defense and Space 1,315 1,436 2,606 2,737 2,766 2,543 5,398 5,904 Honeywell Building Technologies Products 830 659 1,628 1,400 Building Solutions 577 518 1,137 1,058 1,407 1,177 2,765 2,458 Performance Materials and Technologies UOP 571 517 1,098 1,111 Process Solutions 1,166 1,093 2,262 2,244 Advanced Materials 815 608 1,538 1,260 2,552 2,218 4,898 4,615 Safety and Productivity Solutions Safety and Retail 616 511 1,359 1,013 Productivity Solutions and Services 383 268 726 555 Warehouse and Workflow Solutions 880 554 1,724 1,012 Advanced Sensing Technologies 204 206 392 383 2,083 1,539 4,201 2,963 Net sales $ 8,808 $ 7,477 $ 17,262 $ 15,940 Aerospace – A global supplier of products, software and services for aircraft that it sells to original equipment manufacturers (OEM) and other customers in a variety of end markets including: air transport, regional, business and general aviation aircraft, airlines, aircraft operators and defense and space contractors. Aerospace products and services include auxiliary power units, propulsion engines, environmental control systems, integrated avionics, wireless connectivity services, electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, management and technical services, advanced systems and instruments, satellite and space components, aircraft wheels and brakes, repair and overhaul services and thermal systems. Aerospace also provides spare parts, repair, overhaul and maintenance services (principally to aircraft operators) for the aftermarket. Honeywell Forge solutions are leveraged by our customers as tools to turn data into predictive maintenance and predictive analytics to enable better fleet management and make flight operations more efficient. Honeywell Building Technologies – A global provider of products, software, solutions and technologies that enable building owners and occupants to ensure their facilities are safe, energy efficient, sustainable and productive. Honeywell Building Technologies products and services include advanced software applications for building control and optimization; sensors, switches, control systems and instruments for energy management; access control; video surveillance; fire products; remote patient monitoring systems; and installation, maintenance and upgrades of systems. Honeywell Forge solutions enable our customers to digitally manage buildings, connecting data from different assets to enable smart maintenance, improve building performance and protect from incoming security threats. Performance Materials and Technologies – A global provider in developing and manufacturing high-quality performance chemicals and materials, process technologies and automation solutions. The segment is comprised of Process Solutions, UOP, and Advanced Materials. Process Solutions provides automation control, instrumentation, advanced software and related services for the oil and gas, refining, pulp and paper, industrial power generation, chemicals and petrochemicals, biofuels, life sciences, and metals, minerals and mining industries. Through its smart energy products, Process Solutions enables utilities and distribution companies to deploy advanced capabilities to improve operations, reliability, and environmental sustainability. UOP provides process technology, products, including catalysts and adsorbents, equipment, and consulting services that enable customers to efficiently produce gasoline, diesel, jet fuel, petrochemicals and renewable fuels for petroleum refining, gas processing, petrochemical, and other industries. Advanced Materials manufactures a wide variety of high-performance products, including materials used to manufacture end products such as bullet-resistant armor, nylon, computer chips, and pharmaceutical packaging, and provides reduced and low global-warming-potential materials based on hydrofluoro-olefin technology. In the industrial environment, Honeywell Forge solutions enable integration and connectivity to provide a holistic view of operations and turn data into clear actions to maximize productivity and efficiency. Honeywell Forge's cybersecurity capabilities help identify risks and act on cyber-related incidents, together enabling improved operations and protecting processes, people, and assets. Safety and Productivity Solutions – A global provider of products and software that improve productivity, workplace safety and asset performance to customers around the globe. Safety products include personal protective equipment (PPE), apparel, gear, and footwear designed for work, play and outdoor activities; gas detection technology; and cloud-based notification and emergency messaging. Productivity Solutions products and services include mobile devices and software for computing, data collection and thermal printing; supply chain and warehouse automation equipment, software and solutions; custom-engineered sensors, switches and controls for sensing and productivity solutions; and software-based data and asset management productivity solutions. Honeywell Forge solutions digitally automate processes to improve efficiency while reducing downtime and safety costs. For a summary by disaggregated product and services sales for each segment, refer to Note 18 Segment Financial Data. The Company recognizes revenue from performance obligations to customers that are satisfied at a point in time and over time. The disaggregation of the Company's revenue based off timing of recognition is as follows: Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Products, transferred point in time 58 % 61 % 58 % 61 % Products, transferred over time 17 16 18 15 Net product sales 75 77 76 76 Services, transferred point in time 7 7 7 8 Services, transferred over time 18 16 17 16 Net service sales 25 23 24 24 Net sales 100 % 100 % 100 % 100 % CONTRACT BALANCES The Company records progress on satisfying performance obligations to customers, and the related billings and cash collections, on the Consolidated Balance Sheet in Accounts receivable - net and Other assets (unbilled receivables (contract assets) and billed receivables) and Accrued liabilities and Other liabilities (customer advances and deposits (contract liabilities)). Unbilled receivables (contract assets) arise when the timing of cash collected from customers differs from the timing of revenue recognition, such as when contract provisions require specific milestones to be met before a customer can be billed. Unbilled receivable balance increases when the revenue associated with the contract is recognized prior to billing and decreases when billed in accordance with the terms of the contract. Contract liabilities increase when customers remit contractual cash payments in advance of the Company satisfying performance obligations under contractual arrangements, including those with performance obligations to be satisfied over a period of time. Contract liabilities decrease when revenue is recorded, either when a milestone is met triggering the contractual right to bill or when the performance obligation is satisfied. Contract balances are classified as assets or liabilities on a contract-by-contract basis at the end of each reporting period. The following table summarizes the Company's contract assets and liabilities balances: 2021 2020 Contract assets - January 1 $ 1,618 $ 1,602 Contract assets - June 30 1,868 1,760 Change in contract assets - increase (decrease) $ 250 $ 158 Contract liabilities - January 1 $ (4,033) $ (3,501) Contract liabilities - June 30 (3,740) (3,574) Change in contract liabilities - decrease (increase) $ 293 $ (73) Net change $ 543 $ 85 For the three and six months ended June 30, 2021, the Company recognized revenue of $441 million and $1,561 million that was previously included in the beginning balance of contract liabilities. For the three and six months ended June 30, 2020, the Company recognized revenue of $315 million and $1,203 million that was previously included in the beginning balance of contract liabilities. When contracts are modified to account for changes in contract specifications and requirements, the Company considers whether the modification either creates new or changes the existing enforceable rights and obligations. Contract modifications that are for goods or services that are not distinct from the existing contract, due to the significant integration with the original good or service provided, are accounted for as if they were part of that existing contract. The effect of a contract modification on the transaction price, and the Company's measure of progress for the performance obligation to which it relates, is recognized as an adjustment to revenue (either as an increase in or a reduction of revenue) on a cumulative catch-up basis. When the modifications include additional performance obligations that are distinct and at relative stand-alone selling price, they are accounted for as a new contract and performance obligation, which are recognized prospectively. PERFORMANCE OBLIGATIONS A performance obligation is a promise in a contract to transfer a distinct good or service to the customer, and is defined as the unit of account. A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. When the Company's contracts with customers require highly complex integration or manufacturing services that are not separately identifiable from other promises in the contracts and, therefore, not distinct, then the entire contract is accounted for as a single performance obligation. In situations when the Company's contract includes distinct goods or services that are substantially the same and have the same pattern of transfer to the customer over time, they are recognized as a series of distinct goods or services. For any contracts with multiple performance obligations, the Company allocates the contract’s transaction price to each performance obligation based on the estimated relative standalone selling price of each distinct good or service in the contract. For product sales, each product sold to a customer typically represents a distinct performance obligation. In such cases, the observable standalone sales are used to determine the standalone selling price. Performance obligations are satisfied as of a point in time or over time. Performance obligations are supported by contracts with customers, providing a framework for the nature of the distinct goods, services or bundle of goods and services. The timing of satisfying the performance obligation is typically indicated by the terms of the contract. The following table outlines the Company's remaining performance obligations disaggregated by segment: June 30, 2021 Aerospace $ 8,930 Honeywell Building Technologies 6,776 Performance Materials and Technologies 7,579 Safety and Productivity Solutions 3,741 $ 27,026 Performance obligations recognized as of June 30, 2021, will be satisfied over the course of future periods. The Company's disclosure of the timing for satisfying the performance obligation is based on the requirements of contracts with customers. However, from time to time, these contracts may be subject to modifications, impacting the timing of satisfying the performance obligations. Performance obligations expected to be satisfied within one year and greater than one year are 55% and 45%, respectively. The timing of satisfaction of the Company's performance obligations does not significantly vary from the typical timing of payment. Typical payment terms of the Company's fixed-price over time contracts include progress payments based on specified events or milestones, or based on project progress. For some contracts we may be entitled to receive an advance payment. The Company applied the practical expedient for certain revenue streams to exclude the value of remaining performance obligations for (i) contracts with an original expected term of one year or less or (ii) contracts for which we recognize revenue in proportion to the amount we have the right to invoice for services performed.

REPOSITIONING AND OTHER CHARGES

REPOSITIONING AND OTHER CHARGES	6 Months Ended
	Jun. 30, 2021
Restructuring and Related Activities [Abstract]
Repositioning and Other Charges	A summary of repositioning and other charges follows: Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Severance $ 32 $ 254 $ 60 $ 320 Asset impairments 45 4 87 6 Exit costs 15 15 64 30 Reserve adjustments (22) (18) (21) (31) Total net repositioning charge 70 255 190 325 Asbestos related litigation charges, net of insurance and reimbursements 23 9 44 20 Probable and reasonably estimable environmental liabilities, net of reimbursements 6 6 11 14 Other 2 10 (3) (17) Total net repositioning and other charges $ 101 $ 280 $ 242 $ 342 Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Cost of products and services sold $ 87 $ 175 $ 185 $ 195 Selling, general and administrative expenses 14 105 57 147 $ 101 $ 280 $ 242 $ 342 Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Aerospace $ 9 $ 107 $ 57 $ 118 Honeywell Building Technologies (1) 33 4 58 Performance Materials and Technologies 2 84 7 105 Safety and Productivity Solutions 59 11 96 17 Corporate 32 45 78 44 $ 101 $ 280 $ 242 $ 342 In the three months ended June 30, 2020, we recognized gross repositioning charges totaling $273 million including severance costs of $254 million related to workforce reductions of 7,805 manufacturing and administrative positions across all of our segments, with a majority of the workforce reductions in Aerospace and Performance Materials and Technologies. The workforce reductions primarily related to the Company aligning its cost structure with the current and anticipated slowdown in demand for many of our products and services due to the global recession, and our productivity and ongoing functional transformation initiatives. In the six months ended June 30, 2021, we recognized gross repositioning charges totaling $211 million including severance costs of $60 million related to workforce reductions of 4,649 manufacturing and administrative positions mainly in our Safety and Productivity Solutions and Aerospace segments. The workforce reductions were primarily related to the re-alignment of a product line in our Safety and Productivity Solutions segment, site transitions, mainly in Aerospace, to more cost-effective locations, and our productivity and ongoing functional transformation initiatives. The repositioning charge included asset impairments of $87 million primarily related to the write-down of certain manufacturing and other equipment. The repositioning charge included exit costs of $64 million primarily for current period exit costs incurred for previously approved repositioning projects, closure obligations associated with site transitions, and lease obligations for equipment. Also, $21 million of previously established reserves, primarily for severance, were returned to income due to adjustments to the scope of previously announced repositioning actions. In the six months ended June 30, 2020, we recognized gross repositioning charges totaling $356 million including severance costs of $320 million related to workforce reductions of 9,929 manufacturing and administrative positions across our segments, with a majority of the reductions in Aerospace and Performance Materials and Technologies. The workforce reductions primarily related to the Company aligning its cost structure with the current and anticipated slowdown in demand for many of our products and services due to the global recession, and our productivity and ongoing functional transformation initiatives. Also, $31 million of previously established reserves, primarily for severance, were returned to income mainly as a result of higher attrition than anticipated in prior severance programs resulting in lower severance payments. The following table summarizes the status of the Company's total repositioning reserves: Severance Asset Exit Total Balance at December 31, 2020 $ 527 $ — $ 74 $ 601 Charges 60 87 64 211 Usage - cash (162) — (40) (202) Usage - noncash — (89) — (89) Foreign currency translation (1) — (2) (3) Adjustments (19) 2 (4) (21) Balance at June 30, 2021 $ 405 $ — $ 92 $ 497 Certain repositioning projects will recognize exit costs in future periods when the actual liability is incurred. Such exit costs incurred in the six months ended June 30, 2021 and 2020, were $20 million and $19 million, respectively.

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	The effective tax rate was higher than the U.S. federal statutory rate of 21% and increased during 2021 compared to 2020 primarily from the absence of tax benefits realized in the prior year as a result of the favorable resolution of a foreign tax matter related to the spin-off transactions, tax law changes in India and the resolution of certain U.S. tax matters, partially offset by increased tax benefits for employee share-based compensation and the resolution of certain foreign tax matters in the current year.

ACCOUNTS RECEIVABLE - NET

ACCOUNTS RECEIVABLE - NET	6 Months Ended
	Jun. 30, 2021
Receivables [Abstract]
Accounts Receivable - Net	June 30, 2021 December 31, 2020 Trade $ 7,150 $ 7,029 Less - Allowance for doubtful accounts (203) (202) $ 6,947 $ 6,827

INVENTORIES

INVENTORIES	6 Months Ended
	Jun. 30, 2021
Inventory Disclosure [Abstract]
Inventories	June 30, 2021 December 31, 2020 Raw materials $ 1,211 $ 1,079 Work in process 801 798 Finished products 2,711 2,612 $ 4,723 $ 4,489

LONG-TERM DEBT AND CREDIT AGREE

LONG-TERM DEBT AND CREDIT AGREEMENTS	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Long-term Debt	June 30, 2021 December 31, 2020 4.25% notes due 2021 $ — $ 800 1.85% notes due 2021 1,500 1,500 0.483% notes due 2022 2,500 2,500 2.15% notes due 2022 600 600 Floating rate notes due 2022 1,100 1,100 1.30% Euro notes due 2023 1,478 1,534 3.35% notes due 2023 300 300 0.00% Euro notes due 2024 591 614 2.30% notes due 2024 750 750 1.35% notes due 2025 1,250 1,250 2.50% notes due 2026 1,500 1,500 2.25% Euro notes due 2028 887 920 2.70% notes due 2029 750 750 1.95% notes due 2030 1,000 1,000 0.75% Euro notes due 2032 591 614 5.70% notes due 2036 441 441 5.70% notes due 2037 462 462 5.375% notes due 2041 417 417 3.812% notes due 2047 445 445 2.80% notes due 2050 750 750 Industrial development bond obligations, floating rate maturing at various dates through 2037 22 22 6.625% debentures due 2028 201 201 9.065% debentures due 2033 51 51 Other (including capitalized leases and debt issuance costs), 8.1% weighted average interest rate maturing at various dates through 2025 197 266 17,783 18,787 Less-current portion (1,645) (2,445) $ 16,138 $ 16,342 On March 1, 2021, the Company repaid its 4.25% notes due 2021. On March 31, 2021, the Company entered into a $4.0 billion Amended and Restated Five Year Credit Agreement (the 5-Year Credit Agreement) and a $1.5 billion 364-Day Credit Agreement (the 364-Day Credit Agreement). The 5-Year Credit Agreement amended and restated the previously reported $4.0 billion amended and restated five-year credit agreement dated as of April 26, 2019. Commitments under the 5-Year Credit Agreement can be increased pursuant to the terms of the 5-Year Credit Agreement to an aggregate amount not to exceed $4.5 billion. The 364-Day Credit Agreement replaced the $1.5 billion 364-day credit agreement dated as of April 10, 2020, which was terminated in accordance with its terms effective March 31, 2021. Amounts borrowed under the 364-Day Credit Agreement are required to be repaid no later than March 30, 2022, unless (i) Honeywell elects to convert all then outstanding amounts into a term loan, upon which such amounts shall be repaid in full on March 30, 2023, or (ii) the 364-Day Credit Agreement is terminated earlier pursuant to its terms. The 5-Year Credit Agreement and the 364-Day Credit Agreement are maintained for general corporate purposes. As of June 30, 2021, there were no outstanding borrowings under the 5-Year Credit Agreement or the 364-Day Credit Agreement.

LEASES

LEASES	6 Months Ended
	Jun. 30, 2021
Leases [Abstract]
Lessee, Operating Leases [Text Block]	The Company's operating and finance lease portfolio is described in Note 11 Leases of Notes to Consolidated Financial Statements in our 2020 Annual Report on Form 10-K. Supplemental cash flow information related to leases was as follows: Six Months Ended June 30, 2021 2020 Net right-of-use assets obtained in exchange for lease obligations: Operating leases $ 243 $ 100 Finance leases 8 17 June 30, 2021 December 31, 2020 Operating leases Other assets $ 923 $ 773 Accrued liabilities 186 187 Other liabilities 815 641 Total operating lease liabilities $ 1,001 $ 828 Financing leases Property, plant and equipment $ 341 $ 357 Accumulated depreciation (186) (180) Property, plant and equipment - net $ 155 $ 177 Current maturities of long-term debt 57 60 Long-term debt 105 124 Total financing lease liabilities $ 162 $ 184

DERIVATIVE INSTRUMENTS AND HEDG

DERIVATIVE INSTRUMENTS AND HEDGING TRANSACTIONS	6 Months Ended
	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Our credit, market, foreign currency and interest rate risk management policies are described in Note 12 Derivative Instruments and Hedging Transactions of Notes to Consolidated Financial Statements in our 2020 Annual Report on Form 10-K. All derivative assets are presented in Other current assets or Other assets. All derivative liabilities are presented in Accrued liabilities or Other liabilities. The following table summarizes the notional a mounts and fair values of the Company’s outstanding derivatives by risk category and instrument type within the Consolidated Balance Sheet as of June 30, 2021, and December 31, 2020 : Notional Fair Value Asset Fair Value (Liability) June 30, 2021 December 31, 2020 June 30, 2021 December 31, 2020 June 30, 2021 December 31, 2020 Derivatives in Fair Value Hedging Relationships: Interest rate swap agreements $ 3,150 $ 3,950 $ 115 $ 194 $ — $ — Derivatives in Cash Flow Hedging Relationships: Foreign currency exchange contracts 411 488 18 65 — (58) Derivatives in Net Investment Hedging Relationships: Foreign currency exchange contracts 772 806 63 45 — (1) Cross currency swap agreements 1,200 1,200 — — (15) (50) Total Derivatives Designated as Hedging Instruments 5,533 6,444 196 304 (15) (109) Derivatives Not Designated as Hedging Instruments: Foreign currency exchange contracts 13,196 14,829 192 92 (193) (91) Total Derivatives at Fair Value $ 18,729 $ 21,273 $ 388 $ 396 $ (208) $ (200) In addition to the derivative instruments listed above, certain of the Company's foreign currency denominated debt instruments are designated as net investment hedges. The carrying value of those debt instruments designated as net investment hedges, which includes the adjustment for the foreign currency transaction gain or loss on those instruments, was $4,252 million and $4,414 million as of June 30, 2021, and December 31, 2020. The following table sets forth the amounts recorded on the Consolidated Balance Sheet related to cumulative basis adjustments for fair value hedges: Line in the Consolidated Balance Carrying Amount of the Hedged Item Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Item June 30, 2021 December 31, 2020 June 30, 2021 December 31, 2020 Long-term debt $ 3,265 $ 4,144 $ 115 $ 194 The following tables summarize the location and impact to the Consolidated Statement of Operations related to derivative instruments: Three Months Ended June 30, 2021 Revenue Cost of Products and Services Sold SG&A Other (Income) Expense Interest and Other Financial Charges $ 8,808 $ 6,003 $ 1,207 $ (366) $ 83 Gain or (loss) on cash flow hedges: Foreign Currency Exchange Contracts: Amount reclassified from accumulated other comprehensive income into income 1 3 2 — — Gain or (loss) on fair value hedges: Interest Rate Swap Agreements: Hedged items — — — — (14) Derivatives designated as hedges — — — — 14 Gain or (loss) on net investment hedges: Foreign Currency Exchange Contracts: Amount excluded from effectiveness testing recognized in earnings using an amortization approach — — — — 4 Gain or (loss) on derivatives not designated as hedging instruments: Foreign currency exchange contracts — — — (71) — Three Months Ended June 30, 2020 Revenue Cost of Products and Services Sold SG&A Other (Income) Expense Interest and Other Financial Charges $ 7,477 $ 5,276 $ 1,183 $ (291) $ 90 Gain or (loss) on cash flow hedges: Foreign Currency Exchange Contracts: Amount reclassified from accumulated other comprehensive income into income (1) 3 (3) (42) — Amount excluded from effectiveness testing recognized in earnings using an amortization approach — 4 — 9 — Gain or (loss) on fair value hedges: Interest Rate Swap Agreements: Hedged items — — — — (14) Derivatives designated as hedges — — — — 14 Gain or (loss) on net investment hedges: Foreign Currency Exchange Contracts: Amount excluded from effectiveness testing recognized in earnings using an amortization approach — — — — 4 Gain or (loss) on derivatives not designated as hedging instruments: Foreign currency exchange contracts — — — (217) — Six Months Ended June 30, 2021 Revenue Cost of Products and Services Sold SG&A Other (Income) Expense Interest and Other Financial Charges $ 17,262 11,712 $ 2,443 (808) $ 173 Gain or (loss) on cash flow hedges: Foreign currency exchange contracts: Amount reclassified from accumulated other comprehensive income into income 2 4 4 — — Gain or (loss) on fair value hedges: Interest rate swap agreements: Hedged items — — — — 80 Derivatives designated as hedges — — — — (80) Gain or (loss) on net investment hedges: Foreign Currency Exchange Contracts: Amount excluded from effectiveness testing recognized in earnings using an amortization approach — — — — 8 Gain or (loss) on derivatives not designated as hedging instruments: Foreign currency exchange contracts — — — (11) — Six Months Ended June 30, 2020 Revenue Cost of Products and Services Sold SG&A Other (Income) Expense Interest and Other Financial Charges $ 15,940 $ 10,810 $ 2,421 $ (608) $ 163 Gain or (loss) on cash flow hedges: Foreign currency exchange contracts: Amount reclassified from accumulated other comprehensive income into income (1) 30 (3) (2) — Amount excluded from effectiveness testing recognized in earnings using an amortization approach — 8 — 17 — Gain or (loss) on fair value hedges: Interest rate swap agreements: Hedged items — — — — (219) Derivatives designated as hedges — — — — 219 Gain or (loss) on net investment hedges: Foreign Currency Exchange Contracts: Amount excluded from effectiveness testing recognized in earnings using an amortization approach — — — — 9 Gain or (loss) on derivatives not designated as hedging instruments: Foreign currency exchange contracts — — — 67 — Derivatives Net Investment Hedging Relationships Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Euro-denominated long-term debt $ (15) $ (62) $ 135 $ 62 Euro-denominated commercial paper (3) (15) 27 55 Cross currency swap (16) 7 28 (19) Foreign currency exchange contracts 14 (102) 12 (18)

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Financial Instruments and Fair Value Measures	The accounting guidance for fair value measurements and disclosures establishes a three-level fair value hierarchy: • Level 1 - Inputs are based on quoted prices in active markets for identical assets and liabilities. • Level 2 - Inputs are based on observable inputs other than quoted prices in active markets for identical or similar assets and liabilities. • Level 3 - One or more inputs are unobservable and significant. Financial and nonfinancial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The following table sets forth the Company’s financial assets and liabilities accounted for at fair value on a recurring basis: June 30, 2021 December 31, 2020 Assets: Foreign currency exchange contracts $ 273 $ 202 Available for sale investments 1,026 1,118 Interest rate swap agreements 115 194 Investments in equity securities 54 11 Liabilities: Foreign currency exchange contracts $ 193 $ 150 Cross currency swap agreements 15 50 The foreign currency exchange contracts, interest rate swap agreements, and cross currency swap agreements are valued using broker quotations or market transactions in either the listed or over-the-counter markets. As such, these derivative instruments are classified within level 2. The Company also holds investments in commercial paper, certificates of deposits, and time deposits that are designated as available for sale, as well as investments in equity securities, which are valued using published prices based off observable market data. As such, these investments are classified within level 2. The Company holds certain available for sale investments in U.S. government and corporate debt securities, as well as investments in equity securities, which are valued utilizing published prices based on quoted market pricing, which are classified within level 1. The carrying value of cash and cash equivalents, trade accounts and notes receivables, payables, commercial paper, and short-term borrowings approximates fair value. The following table sets forth the Company’s financial assets and liabilities that were not carried at fair value: June 30, 2021 December 31, 2020 Carrying Fair Carrying Fair Assets Long-term receivables $ 186 $ 178 $ 137 $ 132 Long-term investment 584 584 — — Liabilities Long-term debt and related current maturities $ 17,783 $ 19,044 $ 18,787 $ 20,176 The Company determined the fair value of the long-term receivables by utilizing transactions in the listed markets for identical or similar assets. As such, the fair values of these receivables are considered level 2.

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Earnings Per Share	Three Months Ended June 30, Six Months Ended June 30, Basic 2021 2020 2021 2020 Net income attributable to Honeywell $ 1,430 $ 1,081 $ 2,857 $ 2,662 Weighted average shares outstanding 693.8 702.3 695.0 705.9 Earnings per share of common stock - basic $ 2.06 $ 1.54 $ 4.11 $ 3.77 Three Months Ended June 30, Six Months Ended June 30, Assuming Dilution 2021 2020 2021 2020 Net income attributable to Honeywell $ 1,430 $ 1,081 $ 2,857 $ 2,662 Average Shares Weighted average shares outstanding 693.8 702.3 695.0 705.9 Dilutive securities issuable - stock plans 8.7 5.8 8.5 6.7 Total weighted average diluted shares outstanding 702.5 708.1 703.5 712.6 Earnings per share of common stock - assuming dilution $ 2.04 $ 1.53 $ 4.06 $ 3.74 The diluted earnings per share calculations exclude the effect of stock options when the options’ exercise price exceed the average market price of the common shares during the period. For the three and six months ended June 30, 2021, the weighted average number of stock options excluded from the computations were 1.9 million and 1.4 million, respectively. These stock options were outstanding at the end of each of the respective periods. For the three and six months ended June 30, 2020, the weighted average number of stock options excluded from the computations were 7.8 million and 6.1 million, respectively. As of June 30, 2021 and 2020, total shares outstanding were 690.4 million and 701.8 million, respectively, and as of June 30, 2021 and 2020, total shares issued were 957.6 million.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	6 Months Ended
	Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) BY COMPONENT Foreign Pension Changes in Fair Changes in Total Balance at December 31, 2020 $ (2,780) $ (601) $ 4 $ — $ (3,377) Other comprehensive income (loss) before reclassifications 345 — (3) 15 357 Amounts reclassified from accumulated other comprehensive income (3) (43) — (9) (55) Net current period other comprehensive income (loss) 342 (43) (3) 6 302 Balance at June 30, 2021 $ (2,438) $ (644) $ 1 $ 6 $ (3,075) Foreign Pension Changes in Fair Changes in Total Balance at December 31, 2019 $ (2,566) $ (675) $ — $ 44 $ (3,197) Other comprehensive income (loss) before reclassifications (148) — — 104 (44) Amounts reclassified from accumulated other comprehensive income (7) (40) — (22) (69) Net current period other comprehensive income (loss) (155) (40) — 82 (113) Balance at June 30, 2020 $ (2,721) $ (715) $ — $ 126 $ (3,310)

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	ENVIRONMENTAL MATTERS Our environmental matters are described in Note 20 Commitments and Contingencies of Notes to Consolidated Financial Statements in our 2020 Annual Report on Form 10-K. The following table summarizes information concerning our recorded liabilities for environmental costs: Balance at December 31, 2020 $ 660 Accruals for environmental matters deemed probable and reasonably estimable 83 Environmental liability payments (112) Other 1 Balance at June 30, 2021 $ 632 Environmental liabilities are included in the following balance sheet accounts: June 30, 2021 December 31, 2020 Accrued liabilities $ 225 $ 225 Other liabilities 407 435 $ 632 $ 660 The Company does not currently possess sufficient information to reasonably estimate the amounts of environmental liabilities to be recorded upon future completion of studies, litigation or settlements, and neither the timing nor the amount of the ultimate costs associated with environmental matters can be determined although they could be material to our consolidated results of operations and operating cash flows in the periods recognized or paid. However, considering our past experience and existing reserves, the Company does not expect that environmental matters will have a material adverse effect on its consolidated financial position. In conjunction with the Resideo Technologies, Inc. (Resideo) spin-off, the Company entered into an indemnification and reimbursement agreement with a Resideo subsidiary, pursuant to which Resideo’s subsidiary has an ongoing obligation to make cash payments to Honeywell in amounts equal to 90% of Honeywell’s annual net spending for environmental matters at certain sites as defined in the agreement. The amount payable to Honeywell in any given year is subject to a cap of $140 million, and the obligation will continue until the earlier of December 31, 2043, or December 31, of the third consecutive year during which the annual payment obligation is less than $25 million. Reimbursements associated with this agreement are collected from Resideo quarterly and were $35 million and $70 million in the three and six months ended June 30, 2021, and offset operating cash outflows incurred by the Company. As the Company incurs costs for environmental matters deemed probable and reasonably estimable related to the sites covered by the indemnification and reimbursement agreement, a corresponding receivable from Resideo for 90% of such costs is also recorded. This receivable amount recorded in the six months ended June 30, 2021, was $72 million. As of June 30, 2021, Other current assets and Other assets included $140 million and $453 million, respectively, for the short-term and long-term portion of the receivable amount due from Resideo under the indemnification and reimbursement agreement. ASBESTOS MATTERS Honeywell is named in asbestos-related personal injury claims related to North American Refractories Company (NARCO), which was sold in 1986, and the Bendix Friction Materials (Bendix) business, which was sold in 2014. The following tables summarize information concerning NARCO and Bendix asbestos-related balances: ASBESTOS-RELATED LIABILITIES Bendix NARCO Total December 31, 2020 $ 1,441 $ 779 $ 2,220 Accrual for update to estimated liability 24 14 38 Asbestos-related liability payments (71) (68) (139) June 30, 2021 $ 1,394 $ 725 $ 2,119 INSURANCE RECOVERIES FOR ASBESTOS-RELATED LIABILITIES Bendix NARCO Total December 31, 2020 $ 148 $ 254 $ 402 Probable insurance recoveries related to estimated liability — — — Insurance receipts for asbestos-related liabilities (8) (17) (25) Insurance receivables settlements — — — June 30, 2021 $ 140 $ 237 $ 377 NARCO and Bendix asbestos-related balances are included in the following balance sheet accounts: June 30, 2021 December 31, 2020 Other current assets $ 35 $ 36 Insurance recoveries for asbestos-related liabilities 342 366 $ 377 $ 402 Accrued liabilities $ 300 $ 300 Asbestos-related liabilities 1,819 1,920 $ 2,119 $ 2,220 NARCO Products – NARCO manufactured high-grade, heat-resistant, refractory products for various industries. Honeywell’s predecessor, Allied Corporation, owned NARCO from 1979 to 1986. Allied Corporation sold the NARCO business in 1986 and entered into a cross-indemnity agreement which included an obligation to indemnify the purchaser for asbestos claims. Such claims arise primarily from alleged occupational exposure to asbestos-containing refractory brick and mortar for high-temperature applications. NARCO ceased manufacturing these products in 1980 and ultimately filed for bankruptcy in January 2002, at which point in time all then current and future NARCO asbestos claims were stayed against both NARCO and Honeywell pending the reorganization of NARCO. The Company established its initial liability for NARCO asbestos claims in 2002. NARCO emerged from bankruptcy in April 2013, at which time a federally authorized 524(g) trust was established to evaluate and resolve all existing NARCO asbestos claims (the Trust). Both Honeywell and NARCO are protected by a permanent channeling injunction barring all present and future individual actions in state or federal courts and requiring all asbestos-related claims based on exposure to NARCO asbestos-containing products to be made against the Trust. The NARCO Trust Agreement (TA) and the NARCO Trust Distribution Procedures (TDP) are the principal documents setting forth the structure of the Trust, establishing Honeywell’s evergreen funding obligations and the material operating rules for the Trust. Per the TA, the Trust is eligible to receive cash dividends from Harbison-Walker International Inc. (HWI), the reorganized and renamed entity that emerged, fully operational, from the NARCO bankruptcy. The cash dividends are required to be used to pay claims which qualify for payment under the TDP (Annual Contribution Claims) until those funds are exhausted, at which point Honeywell’s funding obligation is triggered. Honeywell's funding obligation, together with any HWI dividends used to pay claims, is subject to an annual cap of $145 million. In July 2021, HWI paid a dividend of $47 million to the NARCO Trust. The Company is also required to fund amounts owed pursuant to settlement agreements reached during the pendency of the NARCO bankruptcy proceedings that provide for the right to submit claims to the Trust subject to qualification under the terms of the settlement agreements and TDP (Pre-Established Unliquidated Claims), as well as fund the annual operating costs of the Trust. The operating rules per the TDP include Honeywell’s audit rights and the criteria claimants must meet for a claim to be considered valid and paid, which include adequate medical evidence of the claimant’s asbestos-related condition and credible evidence of exposure to a specific NARCO asbestos-containing product. Once operational in 2014, the Trust began to receive, process and pay claims, at which point the Company began to assert its audit rights to review and monitor the claims processor’s adherence to the established requirements of the TDP. While doing so, the Company identified several issues with the way the Trust was adhering to the TDP and the Company continues to identify and dispute these matters as further claims are processed. Although the Company is attempting to resolve instances where it believes the Trust is not processing claims in accordance with the established TDP, the Company reserves the right to seek judicial intervention should it fail to resolve the disputed issues. Due to the bankruptcy filing in 2002, claimants were not permitted to file additional claims until the Trust became operative in 2014. As a consequence, there was a large backlog of claims that were filed with the Trust upon becoming operative through December 31, 2017, the date by which these claims had to be filed or else be barred by the statute of limitations (subject to tolling exceptions in the TDP). Therefore, the claims filing rate did not start to normalize until 2018 and thereafter. As a result, between 2002 and 2018, the Company lacked a history of sufficiently reliable claims data to derive a reasonable estimate of its NARCO asbestos-related liability, and the Company continued to update its original estimate, as appropriate, using all available information. In 2020, with three years of sufficiently reliable claims data, the Company updated its estimate of the NARCO asbestos-related liability utilizing claims data from January 1, 2018 through December 31, 2020. The Company utilized an asbestos liability valuation specialist to support our preparation of the NARCO asbestos-related liability estimates. Our estimates, which involve significant management judgment, include consideration of multiple scenarios, including a scenario adjusting for the impact of the COVID-19 pandemic on the Trust's ability to process claims during 2020. The estimate for the resolution of asserted Annual Contribution Claims and Pre-Established Unliquidated Claims uses average payment values for the relevant historical period. For unasserted claims, the estimate is based on historic and anticipated claims filing experience and payment rates, disease classifications and type of claim, and average payment values by the Trust for the relevant historical period. The Company's estimate also includes all years of epidemiological disease projection through 2059. The NARCO asbestos-related liability reflects an estimate for the resolution of Annual Contribution Claims and Pre-Established Unliquidated Claims filed with the Trust, as well as for unasserted Annual Contribution Claims and Pre-Established Unliquidated Claims. The NARCO asbestos liability excludes the annual operating expenses of the Trust which are expensed as they are incurred. The Company's NARCO-related insurance receivable reflects coverage which reimburses Honeywell for portions of NARCO-related claims and defense costs. This coverage is provided by a large number of insurance policies written by dozens of insurance companies in both the domestic insurance market and the London excess market. Honeywell's NARCO-related insurance receivable is an estimate of the probable amount of insurance that is recoverable for asbestos claims. Most of our insurance carriers remain solvent. However, select individual insurance carriers are now insolvent, which we have considered in our analysis of probable recoveries. Our judgments related to our insurance carriers and insurance coverages are reasonable and consistent with Honeywell's historical dealings and Honeywell's knowledge of any pertinent solvency issues surrounding insurers. Bendix Products – Bendix manufactured automotive brake linings that contained chrysotile asbestos in an encapsulated form. Claimants consist largely of individuals who allege exposure to asbestos from brakes from either performing or being in the vicinity of individuals who performed brake replacements. The following tables present information regarding Bendix-related asbestos claims activity: Six Months Ended Years Ended Claims Activity 2021 2020 2019 Claims unresolved at the beginning of period 6,242 6,480 6,209 Claims filed 1,205 2,233 2,659 Claims resolved (921) (2,471) (2,388) Claims unresolved at the end of period 6,526 6,242 6,480 June 30, December 31, Disease Distribution of Unresolved Claims 2021 2020 2019 Mesothelioma and other cancer claims 3,735 3,422 3,399 Nonmalignant claims 2,791 2,820 3,081 Total claims 6,526 6,242 6,480 Years Ended December 31, 2020 2019 2018 2017 2016 (in whole dollars) Malignant claims $ 61,500 $ 50,200 $ 55,300 $ 56,000 $ 44,000 Nonmalignant claims $ 550 $ 3,900 $ 4,700 $ 2,800 $ 4,485 It is not possible to predict whether resolution values for Bendix-related asbestos claims will increase, decrease or stabilize in the future. The Consolidated Financial Statements reflect an estimated liability for resolution of asserted (claims filed as of the financial statement date) and unasserted Bendix-related asbestos claims, which exclude the Company’s ongoing legal fees to defend such asbestos claims which will continue to be expensed as they are incurred. The Company reflects the inclusion of all years of epidemiological disease projection through 2059 when estimating the liability for unasserted Bendix-related asbestos claims. Such liability for unasserted Bendix-related asbestos claims is based on historic and anticipated claims filing experience and dismissal rates, disease classifications, and resolution values in the tort system for the previous five years. The Company has valued Bendix asserted and unasserted claims using average resolution values for the previous five years. The Company updates the resolution values used to estimate the cost of Bendix asserted and unasserted claims during the fourth quarter each year. The Company's insurance receivable corresponding to the liability for settlement of asserted and unasserted Bendix asbestos claims reflects coverage which is provided by a large number of insurance policies written by dozens of insurance companies in both the domestic insurance market and the London excess market. Based on our ongoing analysis of the probable insurance recovery, insurance receivables are recorded in the financial statements simultaneous with the recording of the estimated liability for the underlying asbestos claims. This determination is based on our analysis of the underlying insurance policies, our historical experience with our insurers, our ongoing review of the solvency of our insurers, judicial determinations relevant to our insurance programs, and our consideration of the impacts of any settlements reached with our insurers. On October 31, 2018, David Kanefsky, a Honeywell shareholder, filed a putative class action complaint in the U.S. District Court for the District of New Jersey alleging violations of the Securities Exchange Act of 1934 and Rule 10b-5 related to the prior accounting for Bendix asbestos claims. An Amended Complaint was filed on December 30, 2019, and on February 7, 2020, we filed a Motion to Dismiss. On May 18, 2020, the court denied our Motion to Dismiss. We believe the claims have no merit. GARRETT LITIGATION AND BANKRUPTCY PROCEEDINGS In conjunction with the Garrett spin-off, the Company entered into a binding indemnification and reimbursement agreement (Garrett Indemnity) and a binding tax matters agreement (Tax Matters Agreement) with Garrett and a Garrett subsidiary. On December 2, 2019, Garrett and Garrett ASASCO Inc. filed a Summons with Notice and commenced a lawsuit in the Commercial Division of the Supreme Court of the State of New York, County of New York (the State Court), seeking to invalidate the Garrett Indemnity. Garrett sought damages and a declaratory judgment based on various claims set forth in the Summons with Notice. On July 17, 2020, the Company received a notice from Garrett asserting that the Company had caused material breaches of the Tax Matters Agreement and that the Tax Matters Agreement was unenforceable. On September 20, 2020, Garrett and 36 of its affiliates filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York (the Bankruptcy Court). On September 24, 2020, Garrett moved the existing State Court litigation against Honeywell to the Bankruptcy Court. On April 26, 2021, the Bankruptcy Court confirmed Garrett’s amended Chapter 11 plan of reorganization (the Confirmed Plan), and on April 30, 2021 (the Effective Date), Garrett emerged from bankruptcy. On the Effective Date, and in accordance with the Confirmed Plan, (i) the Company received from Garrett an initial payment of $375 million and 834.8 million shares of Garrett's Series B Preferred Stock in full and final satisfaction of the Garrett Indemnity and Tax Matters Agreement, (ii) the Garrett Indemnity and Tax Matters Agreement were terminated, (iii) the Company and Garrett mutually released each other from the claims asserted in all pending legal actions related to the Garrett Indemnity and Tax Matters Agreement, and (iv) all pending litigation between the Company and Garrett in connection with those agreements was resolved. The Series B Preferred Stock Certificate of Designation provides for mandatory redemptions by Garrett of $35 million in 2022 and $100 million per year from 2023 to 2030 (inclusive) at the anniversary of the Effective Date, unless (i) Garrett’s consolidated EBITDA as of the end of the most recently completed fiscal year is less than $425 million, or (ii) Garrett does not have sufficient funds available to pay the redemption, at which point the redemption amounts past due will accrue interest. The Series B Preferred Stock Certificate of Designation also includes rights which allow (a) the Company to put the Series B Preferred Stock to Garrett if certain EBITDA conditions are met, and (b) Garrett to call the Series B Preferred Stock in whole or in part if certain EBITDA conditions are met. We recorded the Series B Preferred Stock at fair value at the Effective Date. We believe the present value of the mandatory redemptions is an appropriate basis for determining the fair value of the Series B Preferred Stock. Our present value reflects amortized cost determined by the present value of the mandatory redemptions discounted at 7.25%, which is the rate reflected in the Series B Preferred Stock Certificate of Designation. The discount amount will accrete into interest income over the mandatory redemption period. In addition to the Series B Preferred Stock, the Company subscribed for 4.2 million shares of Garrett's Series A Preferred Stock (Series A Preferred Stock), which are convertible into Garrett’s Common Stock if certain conditions are met. Prior to and following Garrett’s emergence from bankruptcy, the Company also held 2.9 million shares of Garrett’s Common Stock. As of June 30, 2021, Short-term investments included $35 million and Investments and long-term receivables included $604 million, respectively, for the short-term and long-term portion of the Company's investment in Garrett's Series B Preferred Stock, Series A Preferred Stock and Common Stock investments. The Garrett matter and bankruptcy proceedings are described in further detail in Note 20 Commitments and Contingencies of Notes to Consolidated Financial Statements in our 2020 Annual Report on Form 10-K. OTHER MATTERS The Company is subject to a number of other lawsuits, investigations and disputes (some of which involve substantial amounts claimed) arising out of the conduct of our business, including matters relating to commercial transactions, government contracts, product liability, prior acquisitions and divestitures, employee benefit plans, intellectual property, and environmental, health and safety matters (including the matter described below). We recognize a liability for any contingency that is probable of occurrence and reasonably estimable. We continually assess the likelihood of adverse judgments or outcomes in such matters, as well as potential ranges of possible losses (taking into consideration any insurance recoveries), based on a careful analysis of each matter with the assistance of outside legal counsel and, if applicable, other experts. Given the uncertainty inherent in litigation and investigations, we do not believe it is possible to develop estimates of reasonably possible losses in excess of current accruals for such matters. Considering our past experience and existing accruals, we do not expect the outcome of such matters, either individually or in the aggregate, to have a material adverse effect on our consolidated financial position. Because most contingencies are resolved over long periods of time, potential liabilities are subject to change due to new developments, changes in settlement strategy or the impact of evidentiary requirements, which could cause us to pay damage awards or settlements (or become subject to equitable remedies) that could have a material adverse effect on our consolidated results of operations or operating cash flows in the periods recognized or paid. Petrobras and Unaoil – We have been cooperating with certain investigations by the U.S. Department of Justice (DOJ), the Securities and Exchange Commission (SEC) and the Brazilian authorities relating to our use of third parties who previously worked for our UOP business in Brazil in relation to Petróleo Brasileiro S.A. (Petrobras). The investigations are focused on compliance with the U.S. Foreign Corrupt Practices Act and similar Brazilian laws, and involve, among other things, document production and interviews with former and current management and employees. The DOJ and the SEC are also examining a matter involving a foreign subsidiary’s prior engagement of Unaoil S.A.M. in Algeria. We have begun discussions with the authorities with respect to a potential resolution of these matters. As the discussions are ongoing, there can be no assurance as to whether we will reach a resolution with such authorities or as to the potential timing, terms, or collateral consequences of any such resolution. As a result, we cannot predict the outcome of these matters, the potential impact on the Company, or a reasonable estimate of losses or range of losses at this time.

PENSION BENEFITS

PENSION BENEFITS	6 Months Ended
	Jun. 30, 2021
Retirement Benefits, Description [Abstract]
Pension Benefits	Net periodic pension benefit costs for the Company's significant defined benefit plans include the following components: U.S. Plans Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Service cost $ 27 $ 24 $ 53 $ 49 Interest cost 76 115 153 230 Expected return on plan assets (305) (283) (610) (567) Amortization of prior service (credit) (11) (10) (22) (21) $ (213) $ (154) $ (426) $ (309) Non-U.S. Plans Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Service cost $ 6 $ 5 $ 13 $ 11 Interest cost 21 26 40 52 Expected return on plan assets (89) (81) (176) (165) Amortization of prior service (credit) — — — — $ (62) $ (50) $ (123) $ (102)

OTHER (INCOME) EXPENSE

OTHER (INCOME) EXPENSE	6 Months Ended
	Jun. 30, 2021
Other Income and Expenses [Abstract]
Other (Income) expense [Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Interest income $ (23) $ (22) $ (42) $ (66) Pension ongoing income – non-service (309) (236) (619) (473) Other postretirement income – non-service (18) (14) (35) (27) Equity income of affiliated companies (18) (15) (32) (27) (Gain) loss on sale of non-strategic businesses and assets 1 — (89) — Foreign exchange 13 (3) 18 (15) Other (net) (12) (1) (9) — $ (366) $ (291) $ (808) $ (608)

SEGMENT FINANCIAL DATA

SEGMENT FINANCIAL DATA	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
Segment Financial Data	Honeywell globally manages its business operations through four reportable operating segments. Segment information is consistent with how management reviews the businesses, makes investing and resource allocation decisions and assesses operating performance. Honeywell’s senior management evaluates segment performance based on segment profit. Each segment’s profit is measured as segment income (loss) before taxes excluding general corporate unallocated expense, interest and other financial charges, stock compensation expense, pension and other postretirement income (expense), repositioning and other charges, and other items within Other (income) expense. Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Net sales Aerospace Products $ 1,571 $ 1,633 $ 3,086 $ 3,712 Services 1,195 910 2,312 2,192 Total 2,766 2,543 5,398 5,904 Honeywell Building Technologies Products 1,042 865 2,051 1,835 Services 365 312 714 623 Total 1,407 1,177 2,765 2,458 Performance Materials and Technologies Products 2,055 1,793 3,924 3,707 Services 497 425 974 908 Total 2,552 2,218 4,898 4,615 Safety and Productivity Solutions Products 1,971 1,452 3,987 2,794 Services 112 87 214 169 Total 2,083 1,539 4,201 2,963 $ 8,808 $ 7,477 $ 17,262 $ 15,940 Segment profit Aerospace $ 710 $ 528 $ 1,472 $ 1,465 Honeywell Building Technologies 315 250 620 512 Performance Materials and Technologies 530 419 964 931 Safety and Productivity Solutions 292 213 595 391 Corporate (54) (25) (83) (66) Total segment profit 1,793 1,385 3,568 3,233 Interest and other financial charges (83) (90) (173) (163) Stock compensation expense (a) (39) (34) (116) (78) Pension ongoing income (b) 272 198 548 396 Other postretirement income (b) 18 14 35 27 Repositioning and other charges (c) (101) (280) (242) (342) Other (d) 21 26 122 81 Income before taxes $ 1,881 $ 1,219 $ 3,742 $ 3,154 (b) Amounts included in Cost of products and services sold and Selling, general and administrative expenses (service cost component) and Other (income) expense (non-service cost component). (c) Amounts included in Cost of products and services sold, Selling, general and administrative expenses, and Other (income) expense.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Reclassifications	Certain prior year amounts have been reclassified to conform to the current year presentation.
Recent Accounting Pronouncements	The Company considers the applicability and impact of all Accounting Standards Updates (ASUs) issued by the Financial Accounting Standards Board (FASB). ASUs not listed below were assessed and determined to be either not applicable or are expected to have minimal impact on our Consolidated Financial Statements. In December 2019, the FASB issued an ASU to simplify the accounting for income taxes. The standard’s amendments include changes in various subtopics of accounting for income taxes including, but not limited to, accounting for “hybrid” tax regimes, tax basis step-up in goodwill obtained in a transaction that is not a business combination, intraperiod tax allocation exception to incremental approach, ownership changes in investments, interim-period accounting for enacted changes in tax law, and year-to-date loss limitation in interim-period tax accounting. Effective January 1, 2021, the Company adopted this standard. The adoption of this standard did not have a material impact on the Company's Consolidated Financial Statements. In March 2020, the FASB issued guidance that provides optional expedients and exceptions for applying generally accepted accounting principles to contracts, hedging relationships, and other transactions affected by the transition away from reference rates expected to be discontinued to alternative reference rates. The guidance was effective upon issuance and may be applied prospectively to contract modifications made and hedging relationships entered into on or before December 31, 2022. The Company is currently evaluating the impacts of this guidance on the Company’s Consolidated Financial Statements. The Company does not expect the adoption of this standard to have a material impact on the Company’s Consolidated Financial Statements.

REVENUE RECOGNITION AND CONTR_2

REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS (Tables)	6 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue [Table Text Block]	See the following table and related discussions by operating segment for details. Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Aerospace Commercial Aviation Original Equipment $ 436 $ 446 $ 867 $ 1,121 Commercial Aviation Aftermarket 1,015 661 1,925 2,046 Defense and Space 1,315 1,436 2,606 2,737 2,766 2,543 5,398 5,904 Honeywell Building Technologies Products 830 659 1,628 1,400 Building Solutions 577 518 1,137 1,058 1,407 1,177 2,765 2,458 Performance Materials and Technologies UOP 571 517 1,098 1,111 Process Solutions 1,166 1,093 2,262 2,244 Advanced Materials 815 608 1,538 1,260 2,552 2,218 4,898 4,615 Safety and Productivity Solutions Safety and Retail 616 511 1,359 1,013 Productivity Solutions and Services 383 268 726 555 Warehouse and Workflow Solutions 880 554 1,724 1,012 Advanced Sensing Technologies 204 206 392 383 2,083 1,539 4,201 2,963 Net sales $ 8,808 $ 7,477 $ 17,262 $ 15,940 Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Products, transferred point in time 58 % 61 % 58 % 61 % Products, transferred over time 17 16 18 15 Net product sales 75 77 76 76 Services, transferred point in time 7 7 7 8 Services, transferred over time 18 16 17 16 Net service sales 25 23 24 24 Net sales 100 % 100 % 100 % 100 %
Contract with Customer Asset and Liability [Table Text Block]	The following table summarizes the Company's contract assets and liabilities balances: 2021 2020 Contract assets - January 1 $ 1,618 $ 1,602 Contract assets - June 30 1,868 1,760 Change in contract assets - increase (decrease) $ 250 $ 158 Contract liabilities - January 1 $ (4,033) $ (3,501) Contract liabilities - June 30 (3,740) (3,574) Change in contract liabilities - decrease (increase) $ 293 $ (73) Net change $ 543 $ 85
Revenue Remaining Performance Obligation Expected Timing of Satisfaction [Table Text Block]	The following table outlines the Company's remaining performance obligations disaggregated by segment: June 30, 2021 Aerospace $ 8,930 Honeywell Building Technologies 6,776 Performance Materials and Technologies 7,579 Safety and Productivity Solutions 3,741 $ 27,026

REPOSITIONING AND OTHER CHARG_2

REPOSITIONING AND OTHER CHARGES (Tables)	6 Months Ended
	Jun. 30, 2021
Restructuring and Related Activities [Abstract]
Repositioning and other charges	A summary of repositioning and other charges follows: Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Severance $ 32 $ 254 $ 60 $ 320 Asset impairments 45 4 87 6 Exit costs 15 15 64 30 Reserve adjustments (22) (18) (21) (31) Total net repositioning charge 70 255 190 325 Asbestos related litigation charges, net of insurance and reimbursements 23 9 44 20 Probable and reasonably estimable environmental liabilities, net of reimbursements 6 6 11 14 Other 2 10 (3) (17) Total net repositioning and other charges $ 101 $ 280 $ 242 $ 342
Pretax distribution of total net repositioning and other charges by income statement classification	Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Cost of products and services sold $ 87 $ 175 $ 185 $ 195 Selling, general and administrative expenses 14 105 57 147 $ 101 $ 280 $ 242 $ 342
Pretax Impact of Total Net Repositioning and Other Charges by Segment	Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Aerospace $ 9 $ 107 $ 57 $ 118 Honeywell Building Technologies (1) 33 4 58 Performance Materials and Technologies 2 84 7 105 Safety and Productivity Solutions 59 11 96 17 Corporate 32 45 78 44 $ 101 $ 280 $ 242 $ 342
Total Repositioning Reserves	The following table summarizes the status of the Company's total repositioning reserves: Severance Asset Exit Total Balance at December 31, 2020 $ 527 $ — $ 74 $ 601 Charges 60 87 64 211 Usage - cash (162) — (40) (202) Usage - noncash — (89) — (89) Foreign currency translation (1) — (2) (3) Adjustments (19) 2 (4) (21) Balance at June 30, 2021 $ 405 $ — $ 92 $ 497

ACCOUNTS RECEIVABLE - NET (Tabl

ACCOUNTS RECEIVABLE - NET (Tables)	6 Months Ended
	Jun. 30, 2021
Receivables [Abstract]
Schedule of Accounts Receivables	June 30, 2021 December 31, 2020 Trade $ 7,150 $ 7,029 Less - Allowance for doubtful accounts (203) (202) $ 6,947 $ 6,827

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
	Jun. 30, 2021
Inventory Disclosure [Abstract]
Inventories	June 30, 2021 December 31, 2020 Raw materials $ 1,211 $ 1,079 Work in process 801 798 Finished products 2,711 2,612 $ 4,723 $ 4,489

LONG-TERM DEBT AND CREDIT AGR_2

LONG-TERM DEBT AND CREDIT AGREEMENTS (Tables)	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Long-Term Debt	June 30, 2021 December 31, 2020 4.25% notes due 2021 $ — $ 800 1.85% notes due 2021 1,500 1,500 0.483% notes due 2022 2,500 2,500 2.15% notes due 2022 600 600 Floating rate notes due 2022 1,100 1,100 1.30% Euro notes due 2023 1,478 1,534 3.35% notes due 2023 300 300 0.00% Euro notes due 2024 591 614 2.30% notes due 2024 750 750 1.35% notes due 2025 1,250 1,250 2.50% notes due 2026 1,500 1,500 2.25% Euro notes due 2028 887 920 2.70% notes due 2029 750 750 1.95% notes due 2030 1,000 1,000 0.75% Euro notes due 2032 591 614 5.70% notes due 2036 441 441 5.70% notes due 2037 462 462 5.375% notes due 2041 417 417 3.812% notes due 2047 445 445 2.80% notes due 2050 750 750 Industrial development bond obligations, floating rate maturing at various dates through 2037 22 22 6.625% debentures due 2028 201 201 9.065% debentures due 2033 51 51 Other (including capitalized leases and debt issuance costs), 8.1% weighted average interest rate maturing at various dates through 2025 197 266 17,783 18,787 Less-current portion (1,645) (2,445) $ 16,138 $ 16,342

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Jun. 30, 2021
Leases [Abstract]
Lease, Cost [Table Text Block]	. Supplemental cash flow information related to leases was as follows: Six Months Ended June 30, 2021 2020 Net right-of-use assets obtained in exchange for lease obligations: Operating leases $ 243 $ 100 Finance leases 8 17 June 30, 2021 December 31, 2020 Operating leases Other assets $ 923 $ 773 Accrued liabilities 186 187 Other liabilities 815 641 Total operating lease liabilities $ 1,001 $ 828 Financing leases Property, plant and equipment $ 341 $ 357 Accumulated depreciation (186) (180) Property, plant and equipment - net $ 155 $ 177 Current maturities of long-term debt 57 60 Long-term debt 105 124 Total financing lease liabilities $ 162 $ 184

DERIVATIVE INSTRUMENTS AND HE_2

DERIVATIVE INSTRUMENTS AND HEDGING TRANSACTIONS (Tables)	6 Months Ended
	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	The following table summarizes the notional a mounts and fair values of the Company’s outstanding derivatives by risk category and instrument type within the Consolidated Balance Sheet as of June 30, 2021, and December 31, 2020 : Notional Fair Value Asset Fair Value (Liability) June 30, 2021 December 31, 2020 June 30, 2021 December 31, 2020 June 30, 2021 December 31, 2020 Derivatives in Fair Value Hedging Relationships: Interest rate swap agreements $ 3,150 $ 3,950 $ 115 $ 194 $ — $ — Derivatives in Cash Flow Hedging Relationships: Foreign currency exchange contracts 411 488 18 65 — (58) Derivatives in Net Investment Hedging Relationships: Foreign currency exchange contracts 772 806 63 45 — (1) Cross currency swap agreements 1,200 1,200 — — (15) (50) Total Derivatives Designated as Hedging Instruments 5,533 6,444 196 304 (15) (109) Derivatives Not Designated as Hedging Instruments: Foreign currency exchange contracts 13,196 14,829 192 92 (193) (91) Total Derivatives at Fair Value $ 18,729 $ 21,273 $ 388 $ 396 $ (208) $ (200)
Schedule of Derivative Instruments [Table Text Block]	The following table sets forth the amounts recorded on the Consolidated Balance Sheet related to cumulative basis adjustments for fair value hedges: Line in the Consolidated Balance Carrying Amount of the Hedged Item Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Item June 30, 2021 December 31, 2020 June 30, 2021 December 31, 2020 Long-term debt $ 3,265 $ 4,144 $ 115 $ 194
Derivative Instruments, Gain (Loss) [Table Text Block]	The following tables summarize the location and impact to the Consolidated Statement of Operations related to derivative instruments: Three Months Ended June 30, 2021 Revenue Cost of Products and Services Sold SG&A Other (Income) Expense Interest and Other Financial Charges $ 8,808 $ 6,003 $ 1,207 $ (366) $ 83 Gain or (loss) on cash flow hedges: Foreign Currency Exchange Contracts: Amount reclassified from accumulated other comprehensive income into income 1 3 2 — — Gain or (loss) on fair value hedges: Interest Rate Swap Agreements: Hedged items — — — — (14) Derivatives designated as hedges — — — — 14 Gain or (loss) on net investment hedges: Foreign Currency Exchange Contracts: Amount excluded from effectiveness testing recognized in earnings using an amortization approach — — — — 4 Gain or (loss) on derivatives not designated as hedging instruments: Foreign currency exchange contracts — — — (71) — Three Months Ended June 30, 2020 Revenue Cost of Products and Services Sold SG&A Other (Income) Expense Interest and Other Financial Charges $ 7,477 $ 5,276 $ 1,183 $ (291) $ 90 Gain or (loss) on cash flow hedges: Foreign Currency Exchange Contracts: Amount reclassified from accumulated other comprehensive income into income (1) 3 (3) (42) — Amount excluded from effectiveness testing recognized in earnings using an amortization approach — 4 — 9 — Gain or (loss) on fair value hedges: Interest Rate Swap Agreements: Hedged items — — — — (14) Derivatives designated as hedges — — — — 14 Gain or (loss) on net investment hedges: Foreign Currency Exchange Contracts: Amount excluded from effectiveness testing recognized in earnings using an amortization approach — — — — 4 Gain or (loss) on derivatives not designated as hedging instruments: Foreign currency exchange contracts — — — (217) — Six Months Ended June 30, 2021 Revenue Cost of Products and Services Sold SG&A Other (Income) Expense Interest and Other Financial Charges $ 17,262 11,712 $ 2,443 (808) $ 173 Gain or (loss) on cash flow hedges: Foreign currency exchange contracts: Amount reclassified from accumulated other comprehensive income into income 2 4 4 — — Gain or (loss) on fair value hedges: Interest rate swap agreements: Hedged items — — — — 80 Derivatives designated as hedges — — — — (80) Gain or (loss) on net investment hedges: Foreign Currency Exchange Contracts: Amount excluded from effectiveness testing recognized in earnings using an amortization approach — — — — 8 Gain or (loss) on derivatives not designated as hedging instruments: Foreign currency exchange contracts — — — (11) — Six Months Ended June 30, 2020 Revenue Cost of Products and Services Sold SG&A Other (Income) Expense Interest and Other Financial Charges $ 15,940 $ 10,810 $ 2,421 $ (608) $ 163 Gain or (loss) on cash flow hedges: Foreign currency exchange contracts: Amount reclassified from accumulated other comprehensive income into income (1) 30 (3) (2) — Amount excluded from effectiveness testing recognized in earnings using an amortization approach — 8 — 17 — Gain or (loss) on fair value hedges: Interest rate swap agreements: Hedged items — — — — (219) Derivatives designated as hedges — — — — 219 Gain or (loss) on net investment hedges: Foreign Currency Exchange Contracts: Amount excluded from effectiveness testing recognized in earnings using an amortization approach — — — — 9 Gain or (loss) on derivatives not designated as hedging instruments: Foreign currency exchange contracts — — — 67 —
Schedule of Net Investment Hedges in Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Derivatives Net Investment Hedging Relationships Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Euro-denominated long-term debt $ (15) $ (62) $ 135 $ 62 Euro-denominated commercial paper (3) (15) 27 55 Cross currency swap (16) 7 28 (19) Foreign currency exchange contracts 14 (102) 12 (18)

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis [Table Text Block]	The following table sets forth the Company’s financial assets and liabilities accounted for at fair value on a recurring basis: June 30, 2021 December 31, 2020 Assets: Foreign currency exchange contracts $ 273 $ 202 Available for sale investments 1,026 1,118 Interest rate swap agreements 115 194 Investments in equity securities 54 11 Liabilities: Foreign currency exchange contracts $ 193 $ 150 Cross currency swap agreements 15 50
Financial assets and liabilities that were not carried at fair value	The following table sets forth the Company’s financial assets and liabilities that were not carried at fair value: June 30, 2021 December 31, 2020 Carrying Fair Carrying Fair Assets Long-term receivables $ 186 $ 178 $ 137 $ 132 Long-term investment 584 584 — — Liabilities Long-term debt and related current maturities $ 17,783 $ 19,044 $ 18,787 $ 20,176

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Earnings per share basic	Three Months Ended June 30, Six Months Ended June 30, Basic 2021 2020 2021 2020 Net income attributable to Honeywell $ 1,430 $ 1,081 $ 2,857 $ 2,662 Weighted average shares outstanding 693.8 702.3 695.0 705.9 Earnings per share of common stock - basic $ 2.06 $ 1.54 $ 4.11 $ 3.77
Earnings per share diluted	Three Months Ended June 30, Six Months Ended June 30, Assuming Dilution 2021 2020 2021 2020 Net income attributable to Honeywell $ 1,430 $ 1,081 $ 2,857 $ 2,662 Average Shares Weighted average shares outstanding 693.8 702.3 695.0 705.9 Dilutive securities issuable - stock plans 8.7 5.8 8.5 6.7 Total weighted average diluted shares outstanding 702.5 708.1 703.5 712.6 Earnings per share of common stock - assuming dilution $ 2.04 $ 1.53 $ 4.06 $ 3.74

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	6 Months Ended
	Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Changes in Accumulated Other Comprehensive Income by Component	Foreign Pension Changes in Fair Changes in Total Balance at December 31, 2020 $ (2,780) $ (601) $ 4 $ — $ (3,377) Other comprehensive income (loss) before reclassifications 345 — (3) 15 357 Amounts reclassified from accumulated other comprehensive income (3) (43) — (9) (55) Net current period other comprehensive income (loss) 342 (43) (3) 6 302 Balance at June 30, 2021 $ (2,438) $ (644) $ 1 $ 6 $ (3,075) Foreign Pension Changes in Fair Changes in Total Balance at December 31, 2019 $ (2,566) $ (675) $ — $ 44 $ (3,197) Other comprehensive income (loss) before reclassifications (148) — — 104 (44) Amounts reclassified from accumulated other comprehensive income (7) (40) — (22) (69) Net current period other comprehensive income (loss) (155) (40) — 82 (113) Balance at June 30, 2020 $ (2,721) $ (715) $ — $ 126 $ (3,310)

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Loss Contingency	The following table summarizes information concerning our recorded liabilities for environmental costs: Balance at December 31, 2020 $ 660 Accruals for environmental matters deemed probable and reasonably estimable 83 Environmental liability payments (112) Other 1 Balance at June 30, 2021 $ 632
Environmental liabilities are included in the following balance sheet accounts:	Environmental liabilities are included in the following balance sheet accounts: June 30, 2021 December 31, 2020 Accrued liabilities $ 225 $ 225 Other liabilities 407 435 $ 632 $ 660
Asbestos Related Liabilities	Bendix NARCO Total December 31, 2020 $ 1,441 $ 779 $ 2,220 Accrual for update to estimated liability 24 14 38 Asbestos-related liability payments (71) (68) (139) June 30, 2021 $ 1,394 $ 725 $ 2,119
Insurance Recoveries for Asbestos Related Liabilities	Bendix NARCO Total December 31, 2020 $ 148 $ 254 $ 402 Probable insurance recoveries related to estimated liability — — — Insurance receipts for asbestos-related liabilities (8) (17) (25) Insurance receivables settlements — — — June 30, 2021 $ 140 $ 237 $ 377
NARCO and Bendix asbestos related balances are included in the following balance sheet accounts	NARCO and Bendix asbestos-related balances are included in the following balance sheet accounts: June 30, 2021 December 31, 2020 Other current assets $ 35 $ 36 Insurance recoveries for asbestos-related liabilities 342 366 $ 377 $ 402 Accrued liabilities $ 300 $ 300 Asbestos-related liabilities 1,819 1,920 $ 2,119 $ 2,220
The following tables present information regarding Bendix related asbestos claims activity	Six Months Ended Years Ended Claims Activity 2021 2020 2019 Claims unresolved at the beginning of period 6,242 6,480 6,209 Claims filed 1,205 2,233 2,659 Claims resolved (921) (2,471) (2,388) Claims unresolved at the end of period 6,526 6,242 6,480
Disease distribution of claims	June 30, December 31, Disease Distribution of Unresolved Claims 2021 2020 2019 Mesothelioma and other cancer claims 3,735 3,422 3,399 Nonmalignant claims 2,791 2,820 3,081 Total claims 6,526 6,242 6,480
Average resolution values per asbestos claim	Years Ended December 31, 2020 2019 2018 2017 2016 (in whole dollars) Malignant claims $ 61,500 $ 50,200 $ 55,300 $ 56,000 $ 44,000 Nonmalignant claims $ 550 $ 3,900 $ 4,700 $ 2,800 $ 4,485

PENSION BENEFITS (Tables)

PENSION BENEFITS (Tables)	6 Months Ended
	Jun. 30, 2021
Retirement Benefits [Abstract]
Defined Benefit Plans Disclosure	Net periodic pension benefit costs for the Company's significant defined benefit plans include the following components: U.S. Plans Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Service cost $ 27 $ 24 $ 53 $ 49 Interest cost 76 115 153 230 Expected return on plan assets (305) (283) (610) (567) Amortization of prior service (credit) (11) (10) (22) (21) $ (213) $ (154) $ (426) $ (309) Non-U.S. Plans Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Service cost $ 6 $ 5 $ 13 $ 11 Interest cost 21 26 40 52 Expected return on plan assets (89) (81) (176) (165) Amortization of prior service (credit) — — — — $ (62) $ (50) $ (123) $ (102)

OTHER (INCOME) EXPENSE (Tables)

OTHER (INCOME) EXPENSE (Tables)	6 Months Ended
	Jun. 30, 2021
Other Income and Expenses [Abstract]
Other (income) expense [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Interest income $ (23) $ (22) $ (42) $ (66) Pension ongoing income – non-service (309) (236) (619) (473) Other postretirement income – non-service (18) (14) (35) (27) Equity income of affiliated companies (18) (15) (32) (27) (Gain) loss on sale of non-strategic businesses and assets 1 — (89) — Foreign exchange 13 (3) 18 (15) Other (net) (12) (1) (9) — $ (366) $ (291) $ (808) $ (608)

SEGMENT FINANCIAL DATA (Tables)

SEGMENT FINANCIAL DATA (Tables)	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
Segment Financial Data	Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Net sales Aerospace Products $ 1,571 $ 1,633 $ 3,086 $ 3,712 Services 1,195 910 2,312 2,192 Total 2,766 2,543 5,398 5,904 Honeywell Building Technologies Products 1,042 865 2,051 1,835 Services 365 312 714 623 Total 1,407 1,177 2,765 2,458 Performance Materials and Technologies Products 2,055 1,793 3,924 3,707 Services 497 425 974 908 Total 2,552 2,218 4,898 4,615 Safety and Productivity Solutions Products 1,971 1,452 3,987 2,794 Services 112 87 214 169 Total 2,083 1,539 4,201 2,963 $ 8,808 $ 7,477 $ 17,262 $ 15,940 Segment profit Aerospace $ 710 $ 528 $ 1,472 $ 1,465 Honeywell Building Technologies 315 250 620 512 Performance Materials and Technologies 530 419 964 931 Safety and Productivity Solutions 292 213 595 391 Corporate (54) (25) (83) (66) Total segment profit 1,793 1,385 3,568 3,233 Interest and other financial charges (83) (90) (173) (163) Stock compensation expense (a) (39) (34) (116) (78) Pension ongoing income (b) 272 198 548 396 Other postretirement income (b) 18 14 35 27 Repositioning and other charges (c) (101) (280) (242) (342) Other (d) 21 26 122 81 Income before taxes $ 1,881 $ 1,219 $ 3,742 $ 3,154 (b) Amounts included in Cost of products and services sold and Selling, general and administrative expenses (service cost component) and Other (income) expense (non-service cost component). (c) Amounts included in Cost of products and services sold, Selling, general and administrative expenses, and Other (income) expense.
Reconciliation of Operating Profit Loss From Segments to Consolidated	Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Net sales Aerospace Products $ 1,571 $ 1,633 $ 3,086 $ 3,712 Services 1,195 910 2,312 2,192 Total 2,766 2,543 5,398 5,904 Honeywell Building Technologies Products 1,042 865 2,051 1,835 Services 365 312 714 623 Total 1,407 1,177 2,765 2,458 Performance Materials and Technologies Products 2,055 1,793 3,924 3,707 Services 497 425 974 908 Total 2,552 2,218 4,898 4,615 Safety and Productivity Solutions Products 1,971 1,452 3,987 2,794 Services 112 87 214 169 Total 2,083 1,539 4,201 2,963 $ 8,808 $ 7,477 $ 17,262 $ 15,940 Segment profit Aerospace $ 710 $ 528 $ 1,472 $ 1,465 Honeywell Building Technologies 315 250 620 512 Performance Materials and Technologies 530 419 964 931 Safety and Productivity Solutions 292 213 595 391 Corporate (54) (25) (83) (66) Total segment profit 1,793 1,385 3,568 3,233 Interest and other financial charges (83) (90) (173) (163) Stock compensation expense (a) (39) (34) (116) (78) Pension ongoing income (b) 272 198 548 396 Other postretirement income (b) 18 14 35 27 Repositioning and other charges (c) (101) (280) (242) (342) Other (d) 21 26 122 81 Income before taxes $ 1,881 $ 1,219 $ 3,742 $ 3,154 (b) Amounts included in Cost of products and services sold and Selling, general and administrative expenses (service cost component) and Other (income) expense (non-service cost component). (c) Amounts included in Cost of products and services sold, Selling, general and administrative expenses, and Other (income) expense.

ACQUISITIONS AND DIVESTITURES (

ACQUISITIONS AND DIVESTITURES (Details) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Business Acquisition [Line Items]
Assets	$ 63,945,000,000		$ 64,586,000,000
Goodwill	17,135,000,000		$ 16,058,000,000
Divestiture [Abstract]
Proceeds from Divestiture of Businesses	230,000,000
Pre-tax gain on sale of footwear business	$ 90,000,000	$ 0
Sparta Systems [Member]
Business Acquisition [Line Items]
Business Acquisition, Name of Acquired Entity	Sparta Systems
Purchase price	$ 1,303,000,000
Intangible Assets	383,000,000
Goodwill	$ 1,029,000,000

REVENUE RECOGNITION AND CONTR_3

REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Disaggregation of Revenue [Line Items]
Net Sales	$ 8,808	$ 7,477	$ 17,262	$ 15,940
Disaggregation of revenue, timing of recognition - percentage	100.00%	100.00%	100.00%	100.00%
Products [Member]
Disaggregation of Revenue [Line Items]
Net Sales	$ 6,639	$ 5,743	$ 13,048	$ 12,048
Disaggregation of revenue, timing of recognition - percentage	75.00%	77.00%	76.00%	76.00%
Products [Member] | Transferred At Point In Time [Member]
Disaggregation of Revenue [Line Items]
Disaggregation of revenue, timing of recognition - percentage	58.00%	61.00%	58.00%	61.00%
Products [Member] | Transferred Over Time [Member]
Disaggregation of Revenue [Line Items]
Disaggregation of revenue, timing of recognition - percentage	17.00%	16.00%	18.00%	15.00%
Services [Member]
Disaggregation of Revenue [Line Items]
Net Sales	$ 2,169	$ 1,734	$ 4,214	$ 3,892
Disaggregation of revenue, timing of recognition - percentage	25.00%	23.00%	24.00%	24.00%
Services [Member] | Transferred At Point In Time [Member]
Disaggregation of Revenue [Line Items]
Disaggregation of revenue, timing of recognition - percentage	7.00%	7.00%	7.00%	8.00%
Services [Member] | Transferred Over Time [Member]
Disaggregation of Revenue [Line Items]
Disaggregation of revenue, timing of recognition - percentage	18.00%	16.00%	17.00%	16.00%
Aerospace
Disaggregation of Revenue [Line Items]
Net Sales	$ 2,766	$ 2,543	$ 5,398	$ 5,904
Aerospace | Commercial Aviation Original Equipment [Member]
Disaggregation of Revenue [Line Items]
Net Sales	436	446	867	1,121
Aerospace | Commercial Aviation Aftermarket [Member]
Disaggregation of Revenue [Line Items]
Net Sales	1,015	661	1,925	2,046
Aerospace | Defense and Space [Member]
Disaggregation of Revenue [Line Items]
Net Sales	1,315	1,436	2,606	2,737
Honeywell Building Technologies
Disaggregation of Revenue [Line Items]
Net Sales	1,407	1,177	2,765	2,458
Honeywell Building Technologies | Products [Member]
Disaggregation of Revenue [Line Items]
Net Sales	830	659	1,628	1,400
Honeywell Building Technologies | Building Solutions [Member]
Disaggregation of Revenue [Line Items]
Net Sales	577	518	1,137	1,058
Performance Materials and Technologies
Disaggregation of Revenue [Line Items]
Net Sales	2,552	2,218	4,898	4,615
Performance Materials and Technologies | UOP [Member]
Disaggregation of Revenue [Line Items]
Net Sales	571	517	1,098	1,111
Performance Materials and Technologies | Process Solutions [Member]
Disaggregation of Revenue [Line Items]
Net Sales	1,166	1,093	2,262	2,244
Performance Materials and Technologies | Advanced Materials [Member]
Disaggregation of Revenue [Line Items]
Net Sales	815	608	1,538	1,260
Safety and Productivity Solutions
Disaggregation of Revenue [Line Items]
Net Sales	2,083	1,539	4,201	2,963
Safety and Productivity Solutions | Safety and Retail [Member]
Disaggregation of Revenue [Line Items]
Net Sales	616	511	1,359	1,013
Safety and Productivity Solutions | Productivity Solutions and Services [Member]
Disaggregation of Revenue [Line Items]
Net Sales	383	268	726	555
Safety and Productivity Solutions | Warehouse and Workflow Solutions [Member]
Disaggregation of Revenue [Line Items]
Net Sales	880	554	1,724	1,012
Safety and Productivity Solutions | Advanced Sensing Technologies (formerly Sensing & Internet-of-Things)
Disaggregation of Revenue [Line Items]
Net Sales	$ 204	$ 206	$ 392	$ 383

REVENUE RECOGNITION AND CONTR_4

REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS 2 (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Jan. 01, 2021	Jan. 01, 2020
Change in Contract with Customer, Asset and Liability [Abstract]
Contract Assets	$ 1,868	$ 1,760	$ 1,868	$ 1,760	$ 1,618	$ 1,602
Contract with Customer, Asset, Reclassified to Receivable			250	158
Contract Liabilities	(3,740)	(3,574)	(3,740)	(3,574)	$ (4,033)	$ (3,501)
Contract with Customer, Liability, Change in Timeframe, Performance Obligation Satisfied, Revenue Recognized			293	(73)
Net Change			543	85
Contract liability, revenue recognized	$ 441	$ 315	$ 1,561	$ 1,203

REVENUE RECOGNITION AND CONTR_5

REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS 3 (Details) $ in Millions	6 Months Ended
	Jun. 30, 2021USD ($)
Revenue, Performance Obligation [Abstract]
Revenue Performance Obligation Description of Timing	Performance obligations recognized as of June 30, 2021, will be satisfied over the course of future periods. The Company's disclosure of the timing for satisfying the performance obligation is based on the requirements of contracts with customers. However, from time to time, these contracts may be subject to modifications, impacting the timing of satisfying the performance obligations. Performance obligations expected to be satisfied within one year and greater than one year are 55% and 45%, respectively.
Revenue Performance Obligation Description of Payment Terms	The timing of satisfaction of the Company's performance obligations does not significantly vary from the typical timing of payment. Typical payment terms of the Company's fixed-price over time contracts include progress payments based on specified events or milestones, or based on project progress. For some contracts we may be entitled to receive an advance payment.
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation, amount	$ 27,026
Within One Year [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation, percentage	55.00%
Greater Than One Year [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation, percentage	45.00%
Aerospace
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation, amount	$ 8,930
Honeywell Building Technologies
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation, amount	6,776
Performance Materials and Technologies
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation, amount	7,579
Safety and Productivity Solutions
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation, amount	$ 3,741

REPOSITIONING AND OTHER CHARG_3

REPOSITIONING AND OTHER CHARGES (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Component of Operating Other Cost and Expense [Abstract]
Total net repositioning charge	$ 70	$ 255	$ 190	$ 325
Asbestos related litigation charges, net of insurance and reimbursements	23	9	44	20
Probable and reasonably estimable environmental liabilities, net of reimbursements	6	6	11	14
Other	2	10	(3)	(17)
Total net repositioning and other charges	101	280	242	342
Severance
Component of Operating Other Cost and Expense [Abstract]
Total net repositioning charge	32	254	60	320
Asset impairments
Component of Operating Other Cost and Expense [Abstract]
Total net repositioning charge	45	4	87	6
Exit costs
Component of Operating Other Cost and Expense [Abstract]
Total net repositioning charge	15	15	64	30
Reserve adjustments
Component of Operating Other Cost and Expense [Abstract]
Total net repositioning charge	$ (22)	$ (18)	$ (21)	$ (31)

REPOSITIONING AND OTHER CHARG_4

REPOSITIONING AND OTHER CHARGES 2 (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Pretax Distribution Of Total Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	$ 101	$ 280	$ 242	$ 342
Cost of products and services sold [Member]
Pretax Distribution Of Total Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	87	175	185	195
Selling, general and administrative expenses [Member]
Pretax Distribution Of Total Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	$ 14	$ 105	$ 57	$ 147

REPOSITIONING AND OTHER CHARG_5

REPOSITIONING AND OTHER CHARGES 3 (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	$ 101	$ 280	$ 242	$ 342
Corporate
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	32	45	78	44
Aerospace
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	9	107	57	118
Honeywell Building Technologies
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	(1)	33	4	58
Performance Materials and Technologies
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	2	84	7	105
Safety and Productivity Solutions
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	$ 59	$ 11	$ 96	$ 17

REPOSITIONING AND OTHER CHARG_6

REPOSITIONING AND OTHER CHARGES 4 (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)Employees	Jun. 30, 2020USD ($)Employees	Jun. 30, 2021USD ($)Employees	Jun. 30, 2020USD ($)Employees
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 70	$ 255	$ 190	$ 325
Net repositioning and other charges Paragraph Details [Abstract]
Gross Repositioning Charge	$ 92	$ 273	$ 211	$ 356
Number of employees severed | Employees	3,628	7,805	4,649	9,929
Severance
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 32	$ 254	$ 60	$ 320
Asset impairments
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	45	4	87	6
Exit costs
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Cost Incurred to Date	20	19	20	19
Restructuring and Related Cost, Incurred Cost	15	15	64	30
Reserve adjustments
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	$ (22)	$ (18)	$ (21)	$ (31)

REPOSITIONING AND OTHER CHARG_7

REPOSITIONING AND OTHER CHARGES 5 (Details)	6 Months Ended
	Jun. 30, 2021USD ($)
Restructuring Reserve [Line Items]
Balance at beginning of period,	$ 601,000,000
Charges	211,000,000
Usage - cash	(202,000,000)
Usage - noncash	(89,000,000)
Foreign currency translation	(3,000,000)
Adjustments	(21,000,000)
Balance at end of period,	497,000,000
Severance
Restructuring Reserve [Line Items]
Balance at beginning of period,	527,000,000
Charges	60,000,000
Usage - cash	(162,000,000)
Usage - noncash	0
Foreign currency translation	(1,000,000)
Adjustments	(19,000,000)
Balance at end of period,	405,000,000
Asset impairments
Restructuring Reserve [Line Items]
Balance at beginning of period,	0
Charges	87,000,000
Usage - cash	0
Usage - noncash	(89,000,000)
Foreign currency translation	0
Adjustments	2,000,000
Balance at end of period,	0
Exit costs
Restructuring Reserve [Line Items]
Balance at beginning of period,	74,000,000
Charges	64,000,000
Usage - cash	(40,000,000)
Usage - noncash	0
Foreign currency translation	(2,000,000)
Adjustments	(4,000,000)
Balance at end of period,	$ 92,000,000

ACCOUNTS RECEIVABLE - NET (Deta

ACCOUNTS RECEIVABLE - NET (Details) - USD ($) $ in Millions	Jun. 30, 2021	Dec. 31, 2020
Accounts Receivable, after Allowance for Credit Loss, Current [Abstract]
Trade	$ 7,150	$ 7,029
Less - Allowance for doubtful accounts	(203)	(202)
Accounts receivable, Net	6,947	6,827
Accounts Notes And Other Receivables Paragraph Details [Abstract]
Unbilled contracts receivable	$ 1,830	$ 1,589

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Jun. 30, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Raw materials	$ 1,211	$ 1,079
Work in process	801	798
Finished products	2,711	2,612
Inventories	$ 4,723	$ 4,489

LONG-TERM DEBT AND CREDIT AGR_3

LONG-TERM DEBT AND CREDIT AGREEMENTS (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Total long-term debt, including current portion	$ 17,783,000,000	$ 18,787,000,000
Less current portion	(1,645,000,000)	(2,445,000,000)
Long-term Debt and Lease Obligation	16,138,000,000	16,342,000,000
4.25% notes due 2021 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 0	800,000,000
Debt Instrument, Interest Rate, Stated Percentage	4.25%
1.85% notes due 2021 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 1,500,000,000	1,500,000,000
Debt Instrument, Interest Rate, Stated Percentage	1.85%
0.483% notes due 2022 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 2,500,000,000	2,500,000,000
Debt Instrument, Interest Rate, Stated Percentage	0.483%
2.15% notes due 2022 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 600,000,000	600,000,000
Debt Instrument, Interest Rate, Stated Percentage	2.15%
Floating rate notes due 2022 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 1,100,000,000	1,100,000,000
1.30% Euro notes due 2023 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 1,478,000,000	1,534,000,000
Debt Instrument, Interest Rate, Stated Percentage	1.30%
3.35% notes due 2023 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 300,000,000	300,000,000
Debt Instrument, Interest Rate, Stated Percentage	3.35%
0.00% Euro notes due 2024 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 591,000,000	614,000,000
Debt Instrument, Interest Rate, Stated Percentage	0.00%
2.30% notes due 2024 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 750,000,000	750,000,000
Debt Instrument, Interest Rate, Stated Percentage	2.30%
1.35% notes due 2025 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 1,250,000,000	1,250,000,000
Debt Instrument, Interest Rate, Stated Percentage	1.35%
2.50% notes due 2026 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 1,500,000,000	1,500,000,000
Debt Instrument, Interest Rate, Stated Percentage	2.50%
2.25% Euro notes due 2028 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 887,000,000	920,000,000
Debt Instrument, Interest Rate, Stated Percentage	2.25%
2.70% notes due 2029 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 750,000,000	750,000,000
Debt Instrument, Interest Rate, Stated Percentage	2.70%
1.95% notes due 2030 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 1,000,000,000	1,000,000,000
Debt Instrument, Interest Rate, Stated Percentage	1.95%
0.750% Euro notes due 2032 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 591,000,000	614,000,000
Debt Instrument, Interest Rate, Stated Percentage	0.75%
5.70% notes due 2036 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 441,000,000	441,000,000
Debt Instrument, Interest Rate, Stated Percentage	5.70%
5.70% notes due 2037 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 462,000,000	462,000,000
Debt Instrument, Interest Rate, Stated Percentage	5.70%
5.375% notes due 2041 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 417,000,000	417,000,000
Debt Instrument, Interest Rate, Stated Percentage	5.375%
3.812% notes due 2047 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 445,000,000	445,000,000
Debt Instrument, Interest Rate, Stated Percentage	3.812%
2.80% notes due 2050 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 750,000,000	750,000,000
Debt Instrument, Interest Rate, Stated Percentage	2.80%
Industrial development bond obligations, floating rate maturing at various dates through 2037 [Member]
Debt Instrument [Line Items]
Industrial development bond	$ 22,000,000	22,000,000
6.625% debentures due 2028 [Member]
Debt Instrument [Line Items]
Junior Subordinated Notes	$ 201,000,000	201,000,000
Debt Instrument, Interest Rate, Stated Percentage	6.625%
9.065% debentures due 2033 [Member]
Debt Instrument [Line Items]
Junior Subordinated Notes	$ 51,000,000	51,000,000
Debt Instrument, Interest Rate, Stated Percentage	9.065%
Other including capitalized leases and debt issuance costs 8.1% weighted average maturing at various dates through 2025
Debt Instrument [Line Items]
Other long term debt	$ 197,000,000	$ 266,000,000
Debt, Weighted Average Interest Rate	8.10%
Syndicate Of Banks [Member] | $1.5B 364-Day Credit Agreement [Member]
Line of Credit Facility [Line Items]
Line of credit facility, current borrowing capacity	$ 1,500,000,000
Line of credit facility, borrowing capacity of prior agreement	1,500,000,000
Line of credit facility, remaining borrowing capacity	1,500,000,000
Syndicate Of Banks [Member] | Five Year Credit Agreement [Member]
Line of Credit Facility [Line Items]
Line of credit facility, current borrowing capacity	4,000,000,000
Line of credit facility, borrowing capacity of prior agreement	4,000,000,000
Line of credit facility, remaining borrowing capacity	4,000,000,000
Line of credit facility, maximum borrowing capacity	$ 4,500,000,000

LEASES (Details)

LEASES (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Right Of Use Assets Obtained In Exchange For Lease [Abstract]
Operating leases	$ 243	$ 100
Finance leases	$ 8	$ 17

LEASES 2 (Details)

LEASES 2 (Details) - USD ($) $ in Millions	Jun. 30, 2021	Dec. 31, 2020
Assets and Liabilities, Lessee [Abstract]
Other assets	$ 923	$ 773
Accrued liabilities	186	187
Other liabilities	815	641
Total operating lease liabilities	1,001	828
Property, plant and equipment	341	357
Accumulated depreciation	(186)	(180)
Property, plant and equipment - net	155	177
Current maturities of long-term debt	57	60
Long-term debt	105	124
Total finance lease liabilities	$ 162	$ 184

DERIVATIVE INSTRUMENTS AND HE_3

DERIVATIVE INSTRUMENTS AND HEDGING TRANSACTIONS (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Derivative [Line Items]
Notional	$ 18,729,000,000	$ 21,273,000,000
Fair Value Asset	388,000,000	396,000,000
Fair Value (Liability)	(208,000,000)	(200,000,000)
Foreign Exchange Forward [Member]
Derivative [Line Items]
Amount of hedged item	4,252,000,000	4,414,000,000
Designated as Hedging Instrument [Member]
Derivative [Line Items]
Notional	5,533,000,000	6,444,000,000
Fair Value Asset	196,000,000	304,000,000
Fair Value (Liability)	(15,000,000)	(109,000,000)
Designated as Hedging Instrument [Member] | Derivatives in Fair Value Hedging Relationships [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Notional	3,150,000,000	3,950,000,000
Fair Value Asset	115,000,000	194,000,000
Fair Value (Liability)	0	0
Designated as Hedging Instrument [Member] | Derivatives in Cash Flow Hedging Relationships [Member] | Foreign currency exchange contracts [Member]
Derivative [Line Items]
Notional	411,000,000	488,000,000
Fair Value Asset	18,000,000	65,000,000
Fair Value (Liability)	0	(58,000,000)
Designated as Hedging Instrument [Member] | Derivatives in Net Investment Hedging Relationships [Member] | Foreign currency exchange contracts [Member]
Derivative [Line Items]
Notional	772,000,000	806,000,000
Fair Value Asset	63,000,000	45,000,000
Fair Value (Liability)	0	(1,000,000)
Designated as Hedging Instrument [Member] | Derivatives in Net Investment Hedging Relationships [Member] | Cross currency swap agreements [Member]
Derivative [Line Items]
Notional	1,200,000,000	1,200,000,000
Fair Value Asset	0	0
Fair Value (Liability)	(15,000,000)	(50,000,000)
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts [Member]
Derivative [Line Items]
Notional	13,196,000,000	14,829,000,000
Fair Value Asset	192,000,000	92,000,000
Fair Value (Liability)	$ (193,000,000)	$ (91,000,000)

DERIVATIVE INSTRUMENTS AND HE_4

DERIVATIVE INSTRUMENTS AND HEDGING TRANSACTIONS 2 (Details) - Long-term Debt [Member] - Designated as Hedging Instrument [Member] - USD ($) $ in Millions	Jun. 30, 2021	Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Carrying Amount of the Hedged Item	$ 3,265	$ 4,144
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Item	$ 115	$ 194

DERIVATIVE INSTRUMENTS AND HE_5

DERIVATIVE INSTRUMENTS AND HEDGING TRANSACTIONS 3 (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Revenue	$ 8,808,000,000	$ 7,477,000,000	$ 17,262,000,000	$ 15,940,000,000
Cost of products and services sold	6,003,000,000	5,276,000,000	11,712,000,000	10,810,000,000
SG&A	1,207,000,000	1,183,000,000	2,443,000,000	2,421,000,000
Other (income) expense	(366,000,000)	(291,000,000)	(808,000,000)	(608,000,000)
Interest and other financial charges	83,000,000	90,000,000	173,000,000	163,000,000
Foreign currency exchange contracts [Member] | Revenue [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (loss) on derivates not designated as hedging instruments	0	0	0	0
Foreign currency exchange contracts [Member] | Cost of Products and services sold [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (loss) on derivates not designated as hedging instruments	0	0	0	0
Foreign currency exchange contracts [Member] | SG&A [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (loss) on derivates not designated as hedging instruments	0	0	0	0
Foreign currency exchange contracts [Member] | Other (income) Expense [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (loss) on derivates not designated as hedging instruments	(71,000,000)	(217,000,000)	(11,000,000)	67,000,000
Foreign currency exchange contracts [Member] | Interest and Other Financial Charges [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (loss) on derivates not designated as hedging instruments	0	0	0	0
Designated as Hedging Instrument [Member] | Foreign currency exchange contracts [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (loss) on net investment hedges recognized in Accumulated other comprehensive income (loss)	14,000,000	(102,000,000)	12,000,000	(18,000,000)
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | Revenue [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount reclassified from accumulated other comprehensive income into income	1,000,000	(1,000,000)	2,000,000	(1,000,000)
Amount excluded from effectiveness testing recognized in earnings using an amortization approach		0		0
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | Cost of Products and services sold [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount reclassified from accumulated other comprehensive income into income	3,000,000	3,000,000	4,000,000	30,000,000
Amount excluded from effectiveness testing recognized in earnings using an amortization approach		4,000,000		8,000,000
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | SG&A [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount reclassified from accumulated other comprehensive income into income	2,000,000	(3,000,000)	4,000,000	(3,000,000)
Amount excluded from effectiveness testing recognized in earnings using an amortization approach		0		0
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | Other (income) Expense [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount reclassified from accumulated other comprehensive income into income	0	(42,000,000)	0	(2,000,000)
Amount excluded from effectiveness testing recognized in earnings using an amortization approach		9,000,000		17,000,000
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | Interest and Other Financial Charges [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount reclassified from accumulated other comprehensive income into income	0	0	0	0
Amount excluded from effectiveness testing recognized in earnings using an amortization approach		0		0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | Revenue [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged items	0	0	0	0
Derivatives designated as hedges	0	0	0	0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | Cost of Products and services sold [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged items	0	0	0	0
Derivatives designated as hedges	0	0	0	0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | SG&A [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged items	0	0	0	0
Derivatives designated as hedges	0	0	0	0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | Other (income) Expense [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged items	0	0	0	0
Derivatives designated as hedges	0	0	0	0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | Interest and Other Financial Charges [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged items	(14,000,000)	(14,000,000)	80,000,000	(219,000,000)
Derivatives designated as hedges	14,000,000	14,000,000	(80,000,000)	219,000,000
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | Revenue [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount excluded from effectiveness testing recognized in earnings using an amortization approach	0	0	0	0
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | Cost of Products and services sold [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount excluded from effectiveness testing recognized in earnings using an amortization approach	0	0	0	0
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | SG&A [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount excluded from effectiveness testing recognized in earnings using an amortization approach	0	0	0	0
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | Other (income) Expense [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount excluded from effectiveness testing recognized in earnings using an amortization approach	0	0	0	0
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | Interest and Other Financial Charges [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount excluded from effectiveness testing recognized in earnings using an amortization approach	4,000,000	4,000,000	8,000,000	9,000,000
Designated as Hedging Instrument [Member] | Euro denominated long-term debt [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (loss) on net investment hedges recognized in Accumulated other comprehensive income (loss)	(15,000,000)	(62,000,000)	135,000,000	62,000,000
Designated as Hedging Instrument [Member] | Net Investment Euro Denominated Commercial Paper [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (loss) on net investment hedges recognized in Accumulated other comprehensive income (loss)	(3,000,000)	(15,000,000)	27,000,000	55,000,000
Designated as Hedging Instrument [Member] | Net Investment Cross Currency Swap [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (loss) on net investment hedges recognized in Accumulated other comprehensive income (loss)	(16,000,000)	7,000,000	28,000,000	(19,000,000)
Products [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Revenue	6,639,000,000	5,743,000,000	13,048,000,000	12,048,000,000
Cost of products and services sold	$ 4,734,000,000	$ 4,163,000,000	$ 9,285,000,000	$ 8,537,000,000

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - USD ($) $ in Millions	Jun. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Asset	$ 388	$ 396
Derivative Fair Value Of Derivative Liability	208	200
Fair Value Measurements Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments	1,026	1,118
Fair Value Measurements Recurring [Member] | Series B Preferred Stock, Series A Preferred Stock and Common Stock investments in Garrett [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in equity securities	54	11
Foreign currency exchange contracts [Member] | Fair Value Measurements Recurring [Member] | Significant Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Asset	273	202
Derivative Fair Value Of Derivative Liability	193	150
Interest rate swap agreements [Member] | Fair Value Measurements Recurring [Member] | Significant Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Asset	115	194
Cross currency swap agreements [Member] | Fair Value Measurements Recurring [Member] | Significant Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Fair Value Of Derivative Liability	$ 15	$ 50

FAIR VALUE MEASUREMENTS 2 (Deta

FAIR VALUE MEASUREMENTS 2 (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	$ 17,783,000,000	$ 18,787,000,000
Carrying Value [Member] | Significant Observable Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term receivables	186,000,000	137,000,000
Long-term investment	584,000,000	0
Long-term debt and related current maturities	17,783,000,000	18,787,000,000
Estimated Fair Value [Member] | Significant Observable Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term receivables	178,000,000	132,000,000
Long-term investment	584,000,000	0
Long-term debt and related current maturities	$ 19,044,000,000	$ 20,176,000,000

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Earnings Per Share [Abstract]
Net income attributable to Honeywell	$ 1,430	$ 1,081	$ 2,857	$ 2,662
Weighted average shares outstanding	693,800,000	702,300,000	695,000,000	705,900,000
Earnings per share of common stock - basic (in dollars per share)	$ 2.06	$ 1.54	$ 4.11	$ 3.77
Assuming dilution
Net income attributable to Honeywell	$ 1,430	$ 1,081	$ 2,857	$ 2,662
Average shares
Weighted average shares outstanding	693,800,000	702,300,000	695,000,000	705,900,000
Dilutive securities issuable - stock plans	8,700,000	5,800,000	8,500,000	6,700,000
Total weighted average shares outstanding	702,500,000	708,100,000	703,500,000	712,600,000
Earnings per share of common stock - assuming dilution (in dollars per share)	$ 2.04	$ 1.53	$ 4.06	$ 3.74
Earnings Per Share Paragraph Details [Abstract]
Stock options excluded from diluted computations	1,900,000	7,800,000	1,400,000	6,100,000
Shares outstanding	690,400,000	701,800,000	690,400,000	701,800,000
Common Stock Shares Issued	957,600,000	957,600,000	957,600,000	957,600,000

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Accumulated Other Comprehensive Income Loss [Line Items]
Balance at beginning of period	$ 17,790,000,000
Balance at end of period	18,202,000,000	$ 18,366,000,000
Foreign Exchange Translation Adjustment [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Balance at beginning of period	(2,780,000,000)	(2,566,000,000)
Other comprehensive income (loss) before reclassifications	345,000,000	(148,000,000)
Amounts reclassified from accumulated other comprehensive income	(3,000,000)	(7,000,000)
Net current period other comprehensive income (loss)	342,000,000	(155,000,000)
Balance at end of period	(2,438,000,000)	(2,721,000,000)
Pension and Other Postretirement Benefits Adjustments [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Balance at beginning of period	(601,000,000)	(675,000,000)
Other comprehensive income (loss) before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive income	(43,000,000)	(40,000,000)
Net current period other comprehensive income (loss)	(43,000,000)	(40,000,000)
Balance at end of period	(644,000,000)	(715,000,000)
Changes in Fair Value of Available for Sale Investments [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Balance at beginning of period	4,000,000	0
Other comprehensive income (loss) before reclassifications	(3,000,000)	0
Amounts reclassified from accumulated other comprehensive income	0	0
Net current period other comprehensive income (loss)	(3,000,000)	0
Balance at end of period	1,000,000	0
Changes in Fair Value of Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Balance at beginning of period	0	44,000,000
Other comprehensive income (loss) before reclassifications	15,000,000	104,000,000
Amounts reclassified from accumulated other comprehensive income	(9,000,000)	(22,000,000)
Net current period other comprehensive income (loss)	6,000,000	82,000,000
Balance at end of period	6,000,000	126,000,000
Accumulated other comprehensive income (loss) [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Balance at beginning of period	(3,377,000,000)	(3,197,000,000)
Other comprehensive income (loss) before reclassifications	357,000,000	(44,000,000)
Amounts reclassified from accumulated other comprehensive income	(55,000,000)	(69,000,000)
Net current period other comprehensive income (loss)	302,000,000	(113,000,000)
Balance at end of period	$ (3,075,000,000)	$ (3,310,000,000)

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Accrual for Environmental Loss Contingencies [Roll Forward]
Beginning of period	$ 660
Accruals for environmental matters deemed probable and reasonably estimable	83
Environmental liability payments	(112)
Other	1
End of period	632
Loss Contingency, Classification of Accrual [Abstract]
Accrued liabilities	225	$ 225
Other liabilities	407	435
Total environmental liabilities	$ 632	$ 660

COMMITMENTS AND CONTINGENCIES 2

COMMITMENTS AND CONTINGENCIES 2 (Details)	6 Months Ended
	Jun. 30, 2021USD ($)
Asbestos Related Liabilities [Member]
Loss Contingency Accrual [Roll Forward]
Asbestos Related Liabilities, Beginning of Period	$ 2,220,000,000
Accrual for update to estimated liability	38,000,000
Asbestos-related liability payments	(139,000,000)
Asbestos Related Liabilities, End of Period	2,119,000,000
Asbestos Related Liabilities Insurance Recoveries [Line Items]
Insurance Recoveries, beginning of period	402,000,000
Probable insurance recoveries related to estimated liability	0
Insurance receipts for asbestos related liabilities	(25,000,000)
Insurance receivables settlements	0
Insurance recoveries, end of period	377,000,000
Bendix Asbestos Loss Contingency Liability [Member]
Loss Contingency Accrual [Roll Forward]
Asbestos Related Liabilities, Beginning of Period	1,441,000,000
Accrual for update to estimated liability	24,000,000
Asbestos-related liability payments	(71,000,000)
Asbestos Related Liabilities, End of Period	1,394,000,000
Asbestos Related Liabilities Insurance Recoveries [Line Items]
Insurance Recoveries, beginning of period	148,000,000
Probable insurance recoveries related to estimated liability	0
Insurance receipts for asbestos related liabilities	(8,000,000)
Insurance receivables settlements	0
Insurance recoveries, end of period	140,000,000
Narco Asbestos Loss Contingency Liability [Member]
Loss Contingency Accrual [Roll Forward]
Asbestos Related Liabilities, Beginning of Period	779,000,000
Accrual for update to estimated liability	14,000,000
Asbestos-related liability payments	(68,000,000)
Asbestos Related Liabilities, End of Period	725,000,000
Asbestos Related Liabilities Insurance Recoveries [Line Items]
Insurance Recoveries, beginning of period	254,000,000
Probable insurance recoveries related to estimated liability	0
Insurance receipts for asbestos related liabilities	(17,000,000)
Insurance receivables settlements	0
Insurance recoveries, end of period	$ 237,000,000

COMMITMENTS AND CONTINGENCIES 3

COMMITMENTS AND CONTINGENCIES 3 (Details) - USD ($) $ in Millions	Jun. 30, 2021	Dec. 31, 2020
Loss Contingency, Narco and Bendix Asbestos Related Balances by Balance Sheet Caption [Line Items]
Insurance recoveries for asbestos related liabilities	$ 342	$ 366
Asbestos-related liabilities	1,819	1,920
Asbestos Related Liabilities [Member]
Loss Contingency, Narco and Bendix Asbestos Related Balances by Balance Sheet Caption [Line Items]
Other current assets	35	36
Insurance recoveries for asbestos related liabilities	342	366
Total assets	377	402
Accrued liabilities	300	300
Asbestos-related liabilities	1,819	1,920
Total liabilities	$ 2,119	$ 2,220

COMMITMENTS AND CONTINGENCIES 4

COMMITMENTS AND CONTINGENCIES 4 (Details) - Narco Asbestos Loss Contingency Liability [Member] $ in Millions	6 Months Ended
	Jun. 30, 2021USD ($)
Loss Contingency By Nature Of Contingency [Line Items]
Annual Trust Cap	$ 145
Cash Dividends Paid by Third-Party	$ 47

COMMITMENTS AND CONTINGENCIES 5

COMMITMENTS AND CONTINGENCIES 5 (Details) - Bendix Asbestos Loss Contingency Liability [Member] - claim	6 Months Ended	9 Months Ended
	Jun. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Loss Contingency Claims [Abstract]
Claims unresolved at the beginning of period	6,242	6,480	6,209
Claims filed	1,205	2,233	2,659
Claims resolved	(921)	(2,471)	(2,388)
Claims unresolved at the end of period	6,526

COMMITMENTS AND CONTINGENCIES 6

COMMITMENTS AND CONTINGENCIES 6 (Details) - Bendix Asbestos Loss Contingency Liability [Member] - claim	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Loss Contingency Disease Distribution Of Unresolved Claims [Line Items]
Mesothelioma and other cancer claims	3,735	3,422	3,399
Nonmalignant claims	2,791	2,820	3,081
Total claims	6,526	6,242	6,480	6,209

COMMITMENTS AND CONTINGENCIES 7

COMMITMENTS AND CONTINGENCIES 7 (Details) - $ / claims	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Resolution Values Per Claim [Line Items]
Malignant claims	61,500	50,200	55,300	56,000	44,000
Nonmalignant claims	550	3,900	4,700	2,800	4,485

COMMITMENTS AND CONTINGENCIES 8

COMMITMENTS AND CONTINGENCIES 8 (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Loss Contingencies [Line Items]
Other current assets	$ 1,664	$ 1,664	$ 1,639
Other assets	9,428	9,428	$ 9,412
Resideo [Member] | Environmental Liabilities [Member]
Loss Contingencies [Line Items]
Indemnification and reimbursement agreement annual cap	140	140
Indemnification and reimbursement agreement minimum amount	25	25
Reimbursements from indemnification and reimbursement agreement	35	70
Reimbursement receivable indemnification and reimbursement agreement		72
Resideo [Member] | Environmental Liabilities [Member] | Indemnification And Reimbursement Agreement [Member]
Loss Contingencies [Line Items]
Other current assets	140	140
Other assets	$ 453	$ 453

COMMITMENTS AND CONTINGENCIES 9

COMMITMENTS AND CONTINGENCIES 9 (Details) shares in Thousands	6 Months Ended
	Jun. 30, 2021USD ($)shares	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Garrett Litigation and Bankruptcy Proceedings [Line Items]
Cash Received By Honeywell	$ 375,000,000	$ 0
Short-term Investments	891,000,000		$ 945,000,000
Investments and long-term receivables	1,358,000,000		$ 685,000,000
Series B Preferred Stock [Member]
Garrett Litigation and Bankruptcy Proceedings [Line Items]
Short-term Investments	$ 35,000,000
Mandatory Redemption Discount Rate	0.0725
Common Class A [Member]
Garrett Litigation and Bankruptcy Proceedings [Line Items]
Investment Owned, Balance, Shares | shares	2,900
Series B Preferred Stock, Series A Preferred Stock and Common Stock investments in Garrett [Member]
Garrett Litigation and Bankruptcy Proceedings [Line Items]
Investments and long-term receivables	$ 604,000,000
The Confirmed Plan [Member]
Garrett Litigation and Bankruptcy Proceedings [Line Items]
Garrett Minimum EBITDA	$ 425,000,000
The Confirmed Plan [Member] | Series A Preferred Stock [Member]
Garrett Litigation and Bankruptcy Proceedings [Line Items]
Investment Owned, Balance, Shares | shares	4,200
The Confirmed Plan [Member] | 2022 [Member] | Series B Preferred Stock [Member]
Garrett Litigation and Bankruptcy Proceedings [Line Items]
Preferred Stock, Redemption Amount	$ 35,000,000
The Confirmed Plan [Member] | 2023 to 2030 [Member] | Series B Preferred Stock [Member]
Garrett Litigation and Bankruptcy Proceedings [Line Items]
Preferred Stock, Redemption Amount	100,000,000
The Confirmed Plan [Member] | Garrett Indemnity and Tax Matters Agreement [Member] | Initial Payment [Member]
Garrett Litigation and Bankruptcy Proceedings [Line Items]
Cash Received By Honeywell	$ 375,000,000
The Confirmed Plan [Member] | Garrett Indemnity and Tax Matters Agreement [Member] | Initial Payment [Member] | Series B Preferred Stock [Member]
Garrett Litigation and Bankruptcy Proceedings [Line Items]
Investment Owned, Balance, Shares | shares	834,800

PENSION BENEFITS (Details)

PENSION BENEFITS (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 27,000,000	$ 24,000,000	$ 53,000,000	$ 49,000,000
Interest cost	76,000,000	115,000,000	153,000,000	230,000,000
Expected return on plan assets	(305,000,000)	(283,000,000)	(610,000,000)	(567,000,000)
Amortization of prior service (credit)	(11,000,000)	(10,000,000)	(22,000,000)	(21,000,000)
Net periodic benefit (income)	(213,000,000)	(154,000,000)	(426,000,000)	(309,000,000)
Non-US, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	6,000,000	5,000,000	13,000,000	11,000,000
Interest cost	21,000,000	26,000,000	40,000,000	52,000,000
Expected return on plan assets	(89,000,000)	(81,000,000)	(176,000,000)	(165,000,000)
Amortization of prior service (credit)	0	0	0	0
Net periodic benefit (income)	$ (62,000,000)	$ (50,000,000)	$ (123,000,000)	$ (102,000,000)

OTHER (INCOME) EXPENSE (Details

OTHER (INCOME) EXPENSE (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Other Income and Expenses [Line Items]
Interest Income	$ (23,000,000)	$ (22,000,000)	$ (42,000,000)	$ (66,000,000)
Equity income of affiliated companies	(18,000,000)	(15,000,000)	(32,000,000)	(27,000,000)
Gain Loss on Sale of non-strategic businesses and assets	1,000,000	0	(89,000,000)	0
Foreign exchange	13,000,000	(3,000,000)	18,000,000	(15,000,000)
Other (net)	(12,000,000)	(1,000,000)	(9,000,000)	0
Other (Income) Expense, Total	(366,000,000)	(291,000,000)	(808,000,000)	(608,000,000)
Pension Plans, Defined Benefit [Member]
Other Income and Expenses [Line Items]
Ongoing income - non-service	(309,000,000)	(236,000,000)	(619,000,000)	(473,000,000)
Other Postretirement Benefits Plans, Defined Benefit [Member]
Other Income and Expenses [Line Items]
Ongoing income - non-service	$ (18,000,000)	$ (14,000,000)	$ (35,000,000)	$ (27,000,000)

SEGMENT FINANCIAL DATA (Details

SEGMENT FINANCIAL DATA (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)
Segment Reporting Information [Line Items]
Number of Operating Segments			4
Net Sales	$ 8,808	$ 7,477	$ 17,262	$ 15,940
Total segment profit	1,793	1,385	3,568	3,233
Products [Member]
Segment Reporting Information [Line Items]
Net Sales	6,639	5,743	13,048	12,048
Services [Member]
Segment Reporting Information [Line Items]
Net Sales	2,169	1,734	4,214	3,892
Corporate
Segment Reporting Information [Line Items]
Total segment profit	(54)	(25)	(83)	(66)
Aerospace
Segment Reporting Information [Line Items]
Net Sales	2,766	2,543	5,398	5,904
Aerospace | Operating Segments [Member]
Segment Reporting Information [Line Items]
Net Sales	2,766	2,543	5,398	5,904
Total segment profit	710	528	1,472	1,465
Aerospace | Operating Segments [Member] | Products [Member]
Segment Reporting Information [Line Items]
Net Sales	1,571	1,633	3,086	3,712
Aerospace | Operating Segments [Member] | Services [Member]
Segment Reporting Information [Line Items]
Net Sales	1,195	910	2,312	2,192
Honeywell Building Technologies
Segment Reporting Information [Line Items]
Net Sales	1,407	1,177	2,765	2,458
Honeywell Building Technologies | Operating Segments [Member]
Segment Reporting Information [Line Items]
Net Sales	1,407	1,177	2,765	2,458
Total segment profit	315	250	620	512
Honeywell Building Technologies | Operating Segments [Member] | Products [Member]
Segment Reporting Information [Line Items]
Net Sales	1,042	865	2,051	1,835
Honeywell Building Technologies | Operating Segments [Member] | Services [Member]
Segment Reporting Information [Line Items]
Net Sales	365	312	714	623
Performance Materials and Technologies
Segment Reporting Information [Line Items]
Net Sales	2,552	2,218	4,898	4,615
Performance Materials and Technologies | Operating Segments [Member]
Segment Reporting Information [Line Items]
Net Sales	2,552	2,218	4,898	4,615
Total segment profit	530	419	964	931
Performance Materials and Technologies | Operating Segments [Member] | Products [Member]
Segment Reporting Information [Line Items]
Net Sales	2,055	1,793	3,924	3,707
Performance Materials and Technologies | Operating Segments [Member] | Services [Member]
Segment Reporting Information [Line Items]
Net Sales	497	425	974	908
Safety and Productivity Solutions
Segment Reporting Information [Line Items]
Net Sales	2,083	1,539	4,201	2,963
Safety and Productivity Solutions | Operating Segments [Member]
Segment Reporting Information [Line Items]
Net Sales	2,083	1,539	4,201	2,963
Total segment profit	292	213	595	391
Safety and Productivity Solutions | Operating Segments [Member] | Products [Member]
Segment Reporting Information [Line Items]
Net Sales	1,971	1,452	3,987	2,794
Safety and Productivity Solutions | Operating Segments [Member] | Services [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 112	$ 87	$ 214	$ 169

SEGMENT FINANCIAL DATA 2 (Detai

SEGMENT FINANCIAL DATA 2 (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Abstract]
Total segment profit	$ 1,793	$ 1,385	$ 3,568	$ 3,233
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Interest and other financial charges	(83)	(90)	(173)	(163)
Repositioning and other charges	(101)	(280)	(242)	(342)
Income before taxes	1,881	1,219	3,742	3,154
Segment Reconciling Items [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Interest and other financial charges	(83)	(90)	(173)	(163)
Stock compensation expense	(39)	(34)	(116)	(78)
Repositioning and other charges	(101)	(280)	(242)	(342)
Other	21	26	122	81
Income before taxes	1,881	1,219	3,742	3,154
Segment Reconciling Items [Member] | Pension [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Pension ongoing income	272	198	548	396
Segment Reconciling Items [Member] | Other Postretirement [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Pension ongoing income	18	14	35	27
Corporate
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Abstract]
Total segment profit	(54)	(25)	(83)	(66)
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Repositioning and other charges	$ (32)	$ (45)	$ (78)	$ (44)