Pay vs Performance Disclosure | 12 Months Ended |
Dec. 31, 2022 USD ($) $ / shares | Dec. 31, 2021 USD ($) $ / shares | Dec. 31, 2020 USD ($) $ / shares |
Pay vs Performance Disclosure [Table] | | | |
Pay vs Performance [Table Text Block] | Value of Initial Fixed $100 Investment Based on: CSM: Segment Margin (i) Year Summary (1) Comp (2),(3),(4) Avg. Summary (1) Avg. Comp (2),(3),(5) Total Shareholder Return ($)(f) Peer Net Income (in millions) 2022 $25,437,598 $36,729,811 $8,310,085 $ 11,405,134 $ 128.62 $ 126.81 $4,967 21.7 % 2021 26,100,120 15,687,973 7,489,516 5,024,129 122.61 134.29 5,610 21.0 % 2020 19,075,281 34,603,009 6,138,970 11,366,412 122.97 110.91 4,865 20.4 % | | |
Named Executive Officers, Footnote [Text Block] | The CEO and NEOs included in the above compensation columns reflect the following: Year CEO NEOs 2022 Darius Adamczyk Gregory P. Lewis, Anne T. Madden, Vimal Kapur, Lucian Boldea 2021 Darius Adamczyk Gregory P. Lewis, Anne T. Madden, Que Thanh Dallara, Michael R. Madsen 2020 Darius Adamczyk Gregory P. Lewis, Anne T. Madden, Rajeev Gautam, John F. Waldron | | |
PEO Total Compensation Amount | $ 25,437,598 | $ 26,100,120 | $ 19,075,281 |
PEO Actually Paid Compensation Amount | $ 36,729,811 | 15,687,973 | 34,603,009 |
Adjustment To PEO Compensation, Footnote [Text Block] | Fair value or change in fair value, as applicable, of equity awards in the "Compensation Actually Paid" columns was determined by reference to (1) for RSU awards, including reinvested dividend equivalent units, closing price on applicable year-end dates or, in the case of vesting dates, the actual vesting price, (2) for PSU awards (excluding TSR portion of the PSU award), the same valuation methodology as RSU awards above except year-end and vesting date values are multiplied by the forecasted performance factor as of each such date, and include reinvested dividend equivalent units, (3) for the TSR-based portion of the PSU awards, the fair value calculated by a Monte Carlo simulation model as of the applicable year-end date(s) or, in the case of vesting date, the actual vesting price and performance factor, and (4) for stock options, the fair value calculated by a Black-Scholes model as of the applicable year-end or vesting date(s), determined based on the same methodology as used to determine grant date fair values but using the closing stock price on the applicable revaluation date as the current market price, and in all cases based on volatility, dividend rates and risk free rates determined as of the revaluation date. (3) For the portion of "Compensation Actually Paid" that is based on year-end stock prices, the following prices were used: for 2022: $214.30 (2.8% increase from prior year), for 2021: $208.51 (2.0% decrease from prior year), and for 2020: $212.70 (20.2% increase from prior year). PEO ($) 2022 2021 2020 Total Reported in Summary Compensation Table (SCT) $25,437,598 $26,100,120 $ 19,075,281 Less, Value of Stock & Option Awards Reported in SCT (18,994,812) (19,734,739) (14,012,084) Less, Change in Pension Value and Non-Qualified Deferred Compensation Earnings in SCT (757,453) (608,232) (810,840) Plus, Pension Service Cost 189,227 337,104 302,024 Plus, Year-End Value of Awards Granted in Fiscal Year that are Unvested and Outstanding 22,196,690 14,602,954 22,994,843 Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested 9,053,140 (1,770,930) 11,314,396 Plus, FMV of Awards Granted this Year and that Vested this Year - - - Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year (394,579) (3,238,305) (4,260,611) Less, Prior Year Fair Value of Prior Year awards that failed to vest this year - - - Total Adjustments 11,292,213 (10,412,147) 15,527,728 "Compensation Actually Paid" to PEO $ 36,729,811 $ 15,687,973 $ 34,603,009 | | |
Non-PEO NEO Average Total Compensation Amount | $ 8,310,085 | 7,489,516 | 6,138,970 |
Non-PEO NEO Average Compensation Actually Paid Amount | $ 11,405,134 | 5,024,129 | 11,366,412 |
Adjustment to Non-PEO NEO Compensation Footnote [Text Block] | Fair value or change in fair value, as applicable, of equity awards in the "Compensation Actually Paid" columns was determined by reference to (1) for RSU awards, including reinvested dividend equivalent units, closing price on applicable year-end dates or, in the case of vesting dates, the actual vesting price, (2) for PSU awards (excluding TSR portion of the PSU award), the same valuation methodology as RSU awards above except year-end and vesting date values are multiplied by the forecasted performance factor as of each such date, and include reinvested dividend equivalent units, (3) for the TSR-based portion of the PSU awards, the fair value calculated by a Monte Carlo simulation model as of the applicable year-end date(s) or, in the case of vesting date, the actual vesting price and performance factor, and (4) for stock options, the fair value calculated by a Black-Scholes model as of the applicable year-end or vesting date(s), determined based on the same methodology as used to determine grant date fair values but using the closing stock price on the applicable revaluation date as the current market price, and in all cases based on volatility, dividend rates and risk free rates determined as of the revaluation date. (3) For the portion of "Compensation Actually Paid" that is based on year-end stock prices, the following prices were used: for 2022: $214.30 (2.8% increase from prior year), for 2021: $208.51 (2.0% decrease from prior year), and for 2020: $212.70 (20.2% increase from prior year). NEO Average ($) 2022 2021 2020 Total Reported in Summary Compensation Table (SCT) $ 8,310,085 $ 7,489,516 $ 6,138,970 Less, Value of Stock & Option Awards Reported in SCT (6,206,612) (5,394,884) (4,077,093) Less, Change in Pension Value and Non-Qualified Deferred Compensation Earnings in SCT (257,602) (151,402) (327,288) Plus, Pension Service Cost 44,745 82,389 92,707 Plus, Year-End Value of Awards Granted in Fiscal Year that are Unvested and Outstanding 7,905,172 3,998,779 6,691,235 Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested 1,771,263 (475,089) 3,704,102 Plus, FMV of Awards Granted this Year and that Vested this Year - - - Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year (161,917) (525,181) (856,220) Less, Prior Year Fair Value of Prior Year awards that failed to vest this year - - - Total Adjustments 3,095,050 (2,465,387) 5,227,443 Average "Compensation Actually Paid" to Non-PEO NEOs $ 11,405,134 $ 5,024,129 $ 11,366,412 | | |
Compensation Actually Paid vs. Total Shareholder Return [Text Block] | CAP versus TSR As shown in the chart below, the CEO's and average non-PEO NEOs' CAP values are reasonably aligned with Honeywell's TSR. This is primarily due to the Honeywell’s use of Performance Shares (PSUs), NQSOs and Restricted Stock Units (RSUs), which are tied directly to stock price and the Company’s financial performance. CAP vs HONEYWELL TSR | | |
Compensation Actually Paid vs. Net Income [Text Block] | CAP versus Net Income The charts below reflect the relationship between the CEO and Average NEO CAP and Honeywell’s GAAP net income. The Company does not use net income to determine compensation levels, incentive plan payouts, or as a metric in our long-term incentive plans. Since long-term incentives comprise the largest portion of our NEOsʼ pay, and CAP values include multiple years of LTI awards, and only one year of annual incentives, the relationship between CAP and net income is less evident. CAP vs NET INCOME | | |
Compensation Actually Paid vs. Company Selected Measure [Text Block] | CAP versus Segment Margin The chart below reflects the relationship between the CEO CAP and Average NEO CAP and Honeywell’s Segment Margin for the applicable reporting year. We consider segment margin to be the most important financial measure used to link pay to performance in 2022 due to the strong correlation with long-term share price growth. CAP vs SEGMENT MARGIN | | |
Total Shareholder Return Vs Peer Group [Text Block] | TSR: Company versus Peer Group As shown in the chart below, the Company’s 3-year cumulative TSR is higher than the companies included in our industry index, Nasdaq Industrial Select Sector Index (XLI) reflecting strong out performance in 2022. TOTAL SHAREHOLDER RETURN: HONEYWELL vs XLI | | |
Tabular List [Table Text Block] | Most Important Financial Metrics Adjusted Earnings Per Share Average Segment Margin Free Cash Flow Cumulative Revenue Average Return on Investment Relative Total Shareholder Return | | |
Total Shareholder Return Amount | $ 128.62 | 122.61 | 122.97 |
Peer Group Total Shareholder Return Amount | 126.81 | 134.29 | 110.91 |
Net Income (Loss) | $ 4,967,000,000 | $ 5,610,000,000 | $ 4,865,000,000 |
Company Selected Measure Amount | 0.217 | 0.210 | 0.204 |
PEO Name | Darius Adamczyk | Darius Adamczyk | Darius Adamczyk |
Additional 402(v) Disclosure [Text Block] | As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information regarding executive pay and performance. The table below shows pay both as reported in the Summary Compensation Table (Summary Comp Table Total) for the applicable fiscal year and as “compensation actually paid” (CAP) for our principal executive officer (PEO) and as an average of all of our other named executive officers (Non-PEO NEOs) for the applicable fiscal year. Both Summary Comp Table Total pay and CAP are calculated in accordance with the requirements of Regulation S-K and may differ substantially from the manner in which the MDCC makes executive compensation decisions, which is described in the Compensation Discussion and Analysis beginning on page 57. The table below also shows (i) Honeywell’s cumulative total shareholder return (TSR), (ii) the TSR of the Nasdaq Industrial Select Sector Index (XLI), which we have used as our peer group for purposes of this table, (iii) Honeywell’s net income for the applicable fiscal year, and (iv) Honeywell’s performance with respect to a company-selected measure (CSM), which in our assessment represents the single most important financial performance metric used to link compensation actually paid to our NEOs for the most recently completed fiscal year to Honeywell’s performance. We selected Segment Margin as the CSM for the 2022 fiscal year. | | |
Stock Price | $ / shares | $ 214.30 | $ 208.51 | $ 212.70 |
Increase (Decrease) in Stock Price | 2.80% | (2.00%) | 20.20% |
Measure [Axis]: 1 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Adjusted Earnings Per Share | | |
Measure [Axis]: 2 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Average Segment Margin | | |
Measure [Axis]: 3 | | | |
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Measure Name | Free Cash Flow | | |
Measure [Axis]: 4 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Cumulative Revenue | | |
Measure [Axis]: 5 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Average Return on Investment | | |
Measure [Axis]: 6 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Relative Total Shareholder Return | | |
PEO [Member] | Equity Awards Reported Value [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | $ 18,994,812 | $ 19,734,739 | $ 14,012,084 |
PEO [Member] | Change in Pension Value and Non-Qualified Deferred Compensation Earnings [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 757,453 | 608,232 | 810,840 |
PEO [Member] | Pension Adjustments, Service Cost [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 189,227 | 337,104 | 302,024 |
PEO [Member] | Equity Awards Granted During the Year, Unvested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 22,196,690 | 14,602,954 | 22,994,843 |
PEO [Member] | Equity Awards Granted in Prior Years, Unvested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 9,053,140 | (1,770,930) | 11,314,396 |
PEO [Member] | Equity Awards Granted During the Year, Vested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
PEO [Member] | Equity Awards Granted in Prior Years, Vested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (394,579) | (3,238,305) | (4,260,611) |
PEO [Member] | Equity Awards that Failed to Meet Vesting Conditions [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
PEO [Member] | Equity Award Adjustments [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 11,292,213 | (10,412,147) | 15,527,728 |
Non-PEO NEO [Member] | Equity Awards Reported Value [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 6,206,612 | 5,394,884 | 4,077,093 |
Non-PEO NEO [Member] | Change in Pension Value and Non-Qualified Deferred Compensation Earnings [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 257,602 | 151,402 | 327,288 |
Non-PEO NEO [Member] | Pension Adjustments, Service Cost [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 44,745 | 82,389 | 92,707 |
Non-PEO NEO [Member] | Equity Awards Granted During the Year, Unvested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 7,905,172 | 3,998,779 | 6,691,235 |
Non-PEO NEO [Member] | Equity Awards Granted in Prior Years, Unvested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 1,771,263 | (475,089) | 3,704,102 |
Non-PEO NEO [Member] | Equity Awards Granted During the Year, Vested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
Non-PEO NEO [Member] | Equity Awards Granted in Prior Years, Vested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (161,917) | (525,181) | (856,220) |
Non-PEO NEO [Member] | Equity Awards that Failed to Meet Vesting Conditions [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
Non-PEO NEO [Member] | Equity Award Adjustments [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | $ 3,095,050 | $ (2,465,387) | $ 5,227,443 |