Honeywell International (HON) 10-Q 21 Oct 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	9 Months Ended
	Sep. 30, 2016shares
Document And Entity Information [Abstract]
Document type	10-Q
Document period end date	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Amendment flag	false
Entity registrant name	Honeywell International Inc
Entity central index key	773,840
Entity current reporting status	Yes
Entity voluntary filers	No
Current fiscal year end date	--12-31
Entity filer category	Large Accelerated Filer
Entity well known seasoned issuer	Yes
Entity common stock shares outstanding	762,124,709

CONSOLIDATED STATEMENT OF OPERA

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

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 1,248,000,000	$ 1,276,000,000	$ 3,801,000,000	$ 3,644,000,000
Other Comprehensive Income (Loss), Net Of Tax [Abstract]
Foreign exchange translation adjustment	35,000,000	(383,000,000)	83,000,000	(893,000,000)
Actuarial losses	0	0	0	(17,000,000)
Actuarial losses recognized	4,000,000	5,000,000	11,000,000	15,000,000
Prior service credits recognized	(20,000,000)	(1,000,000)	(58,000,000)	(4,000,000)
Settlements and curtailments	0	2,000,000	0	2,000,000
Pension and other postretirement benefits adjustments	(16,000,000)	6,000,000	(47,000,000)	(4,000,000)
Effective portion of cash flow hedges recognized in other comprehensive income (loss)	(7,000,000)	(8,000,000)	(1,000,000)	60,000,000
Less: Reclassification adjustment for gains (losses) included in net income	(5,000,000)	19,000,000	(18,000,000)	77,000,000
Changes in fair value of effective cash flow hedges	(2,000,000)	(27,000,000)	17,000,000	(17,000,000)
Other comprehensive income (loss), net of tax	17,000,000	(404,000,000)	53,000,000	(914,000,000)
Comprehensive income	1,265,000,000	872,000,000	3,854,000,000	2,730,000,000
Less: Comprehensive income attributable to the noncontrolling interest	8,000,000	8,000,000	23,000,000	66,000,000
Comprehensive income attributable to Honeywell	$ 1,257,000,000	$ 864,000,000	$ 3,831,000,000	$ 2,664,000,000

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 6,431	$ 5,455
Accounts, notes and other receivables	8,627	8,075
Inventories	4,587	4,420
Investments and other current assets	2,189	2,103
Total current assets	21,834	20,053
Investments and long-term receivables	639	517
Property, plant and equipment - net	5,725	5,789
Goodwill	17,846	15,895
Other intangible assets - net	4,847	4,577
Insurance recoveries for asbestos related liabilities	433	426
Deferred income taxes	335	283
Other assets	1,897	1,776
Total assets	53,556	49,316
Current liabilities:
Accounts payable	5,418	5,580
Commercial paper and other short-term borrowings	5,601	5,937
Current maturities of long-term debt	649	577
Accrued liabilities	6,545	6,277
Total current liabilities	18,213	18,371
Long-term debt	9,608	5,554
Deferred income taxes	701	558
Postretirement benefit obligations other than pensions	477	526
Asbestos related liabilities	1,278	1,251
Other liabilities	3,905	4,348
Redeemable noncontrolling interest	3	290
SHAREOWNERS' EQUITY
Capital - common stock issued	958	958
Capital - additional paid in capital	5,707	5,377
Common stock held in treasury, at cost	(13,182)	(11,664)
Accumulated other comprehensive loss	(2,482)	(2,535)
Retained earnings	28,190	26,147
Total Honeywell shareowners' equity	19,191	18,283
Noncontrolling interest	180	135
Total shareowners' equity	19,371	18,418
Total liabilities, redeemable noncontrolling interest, and shareowners' equity	$ 53,556	$ 49,316

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net income	$ 3,801,000,000	$ 3,644,000,000
Less: Net income attributable to the noncontrolling interest	26,000,000	70,000,000
Net income attributable to Honeywell	3,775,000,000	3,574,000,000
Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities:
Depreciation	546,000,000	503,000,000
Amortization	227,000,000	158,000,000
Gain on sale of non-strategic businesses and assets	(176,000,000)	(1,000,000)
Repositioning and other charges	567,000,000	393,000,000
Net payments for repositioning and other charges	(420,000,000)	(329,000,000)
Pension and other postretirement income	(471,000,000)	(269,000,000)
Pension and other postretirement benefit payments	(110,000,000)	(84,000,000)
Stock compensation expense	145,000,000	132,000,000
Deferred income taxes	146,000,000	284,000,000
Excess tax benefits from share based payment arrangements	0	(69,000,000)
Other	(33,000,000)	151,000,000
Changes in assets and liabilities, net of the effects of acquisitions and divestitures:
Accounts, notes and other receivables	(570,000,000)	52,000,000
Inventories	(233,000,000)	(20,000,000)
Other current assets	78,000,000	(111,000,000)
Accounts payable	(18,000,000)	(13,000,000)
Accrued liabilities	3,000,000	(795,000,000)
Net cash provided by operating activities	3,456,000,000	3,556,000,000
Cash flows from investing activities:
Expenditures for property, plant and equipment	(749,000,000)	(685,000,000)
Proceeds from disposals of property, plant and equipment	4,000,000	3,000,000
Increase in investments	(3,083,000,000)	(5,701,000,000)
Decrease in investments	2,658,000,000	4,050,000,000
Cash paid for acquisitions, net of cash acquired	(2,568,000,000)	(185,000,000)
Proceeds from sales of businesses, net of fees paid	304,000,000	3,000,000
Other	158,000,000	(69,000,000)
Net cash used for investing activities	(3,276,000,000)	(2,584,000,000)
Cash flows from financing activities:
Net (decrease) increase in commercial paper and other short-term borrowings	(425,000,000)	2,011,000,000
Proceeds from issuance of common stock	386,000,000	150,000,000
Proceeds from issuance of long-term debt	4,510,000,000	48,000,000
Payments of long-term debt	(478,000,000)	(148,000,000)
Excess tax benefits from share based payment arrangements	0	69,000,000
Repurchases of common stock	(1,866,000,000)	(1,721,000,000)
Cash dividends paid	(1,410,000,000)	(1,261,000,000)
Payments to purchase the noncontrolling interest	(238,000,000)	0
AdvanSix pre-separation funding	269,000,000	0
AdvanSix pre-spin borrowing	38,000,000	0
AdvanSix cash at spinoff	(38,000,000)	0
Other	(40,000,000)	(61,000,000)
Net cash provided by (used for) financing activities	708,000,000	(913,000,000)
Effect of foreign exchange rate changes on cash and cash equivalents	88,000,000	(455,000,000)
Net increase (decrease) in cash and cash equivalents	976,000,000	(396,000,000)
Cash and cash equivalents at beginning of period	5,455,000,000	6,959,000,000
Cash and cash equivalents at end of period	$ 6,431,000,000	$ 6,563,000,000

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation [Text Block]	Note 1 . Basis of Presentation 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 September 30, 2016 , the results of operations for the quarter and nine months ended September 30, 2016 and 2015 and the cash flows for the nine months ended September 30, 2016 and 2015 . The results of operations for the three and nine months ended September 30, 2016 should not necessarily be taken as indicative of the results of operations expected for the entire year. We report our quarterly financial information using a calendar convention; the first, second and third quarters are cons istently reported as ending on March 31, June 30 and September 30 . It has been our practice to establish actual quarterly closi ng dates using a predetermined fiscal calendar, which requires our businesses to close their books on a Saturday in order to mini mize 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, we will provide appropriate disclosures. Our actual closing dates for the three and nine months ended September 30, 2016 and 2015 were October 1 , 2016 and September 26 , 2015.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	9 Months Ended
	Sep. 30, 2016
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]
Recent Accounting Pronouncements [Text Block]	Note 2 . Recent Accounting Pronouncements Accounting pronouncements not listed below were assessed and determined to be either not applicable or are expected to have minimal impact on our consolidated financial position or results of operations. In May 2014, and in subsequent related updates and amendments, the Financial Accounting Standards Board (FASB) issued guidance on revenue from contracts with customers tha t will supersede most current revenue recognition guidance, including industry-specific guidance. The underlying principle is that an entity will recognize revenue to depict the transfer of goods or services to customers at an amount that the entity expect s to be entitled to in exchange for those goods or services. The guidance provides a five-step analysis of transactions to determine when and how revenue is recognized. Other major provisions include capitalization of certain contract costs, consideration of the time value of money in the transaction price, and allowing estimates of variable consideration to be recognized before contingencies are resolved in certain circumstances. The guidance also requires enhanced disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from an entity’s contracts with customers. The effective date was deferred for one year to the interim and annual periods beginning on or after December 15, 2017. Early adoption is permitted as of t he original effective date – interim and annual periods beginning on or after December 15, 2016. The guidance permits the use of either a retrospective or cumulative effect transition method. We have not yet selected a transition method and are currently e valuating the impact of the amended guidance on our consolidated financial position, results of operations and related disclosures. In February 2016, the FASB issued guidance on accounting for leases which requires lessees to recognize most leases on thei r balance sheets for the rights and obligations created by those leases. The guidance requires enhanced disclosures regarding the amount, timing, and uncertainty of cash flows arising from leases and will be effective for interim and annual periods beginni ng after December 15, 2018. Early adoption is permitted. The guidance requires the use of a modified retrospective approach . We are evaluating the impact of the guidance on our consolidated financial position, results of operations and related disclosures . In March 2016, the FASB issued amended guidance related to employee share-based payment accounting. The guidance requires all income tax effects of awards to be recognized in the income statement, which were previously presented as a component of Shareowners’ Equity, on a prospective basis. The guidance also requires presentation of excess tax benefits as an operating activity on the statement of cash flows rather than as a financing activity. We have elected to early adopt the standard in the qu arter ended September 30, 2016, which requires adoption effective as of the beginning of the fiscal year. The primary impact of adoption was the recognition of excess tax benefits as a reduction in the provision for income taxes and related diluted earnin gs per share impacts of $ 30 million ($ 0.03 diluted earnings per share) for the quarter ended March 31, 2016, $ 38 million ($ 0.04 diluted earnings per share) for the quarter ended June 30, 2016 and $ 57 million ($ 0.07 diluted earnings per share) for the quart er ended September 30, 2016. These excess tax benefits previously reported in financing activities in the Consolidated Statement of Cash Flows are now reported as operating activities. Cash paid by the Company when directly withholding shares for tax-with holding purposes are classified as a financing activity on a retrospective basis. The guidance allows for an accounting policy election to estimate the number of awards that are expected to vest or account for forfeitures when they occur. We elected to m aintain the current forfeitures policy and will continue to include an estimate of those forfeitures when recognizing stock compensation expense. Classification of the excess tax benefits in the Consolidated Statement of Cash Flows are presented on a pros pective basis starting January 1, 2016. In August 2016, the FASB issued new guidance intended to reduce diversity in practice in how certain cash receipts and payments are classified in the statement of cash flows, including debt prepayment or extinguishm ent costs, the settlement of contingent liabilities arising from a business combination, proceeds from insurance settlements, and distributions from certain equity method investees. The guidance is effective for interim and annual periods beginning after D ecember 15, 2017, and early adoption is permitted. The guidance requires application using a retrospective transition method. The Company is currently evaluating the impact of adopting this guidance.

ACQUISITIONS AND DIVESTITURES

ACQUISITIONS AND DIVESTITURES	9 Months Ended
	Sep. 30, 2016
Business Combinations [Abstract]
Acquisitions and Divestitures [Text Block]	Note 3 . Acquisitions and Divestitures During the quarter and nine months we acquired businesses for an aggregate cost (net of cash acquired and debt assumed) of $ 1,483 million and $ 2,532 million. On August 29, 2016, the Company acquired Intelligrated , a leading provider of supply chain and warehouse automation technologies, for an aggregate value, net of cash acquired, of approximately $ 1,483 million . Intelligrated is part of Safety and Productivity Solutions. The preliminary determinat ion of the assets and liabilities acquired with Intelligrated have been included in the Consolidated Balance Sheet as of September 30, 2016, including $ 1,124 million allocated to goodwill, which is non-deductible for tax purposes. In December 2015, the Co mpany acquired the Elster Division of Melrose Industries plc (Elster) for an aggregate value, net of cash acquired, of approximately $4,899 million . Elster is part of Home and Building Technologies and Performance Materials and Technologies. The following table summarizes the updated fair value estimates of the Elster assets and liabilities acquired as of the acquisition date: Current assets $ 522 Intangible assets 2,160 Other noncurrent assets 194 Current liabilities (456) Noncurrent liabilities (919) Net assets acquired 1,501 Noncontrolling interest (3) Goodwill 3,401 Purchase Price $ 4,899 The purchase accounting for Elster and Intelligrated is subject to final adjustment, primarily for the valuation of intangible assets, amounts allocated to goodwill, tax balances and certain pre-acquisition contingencies. On October 1, 2016 the Company completed the tax-free spin-off of its Resins and Chemicals business , part of Performance Materials and Technologies, into a standalone, publicly-traded company (named AdvanSix) to Honeywell shareowners. Since the effective date of the spin-off falls with in the fiscal third quarter, t he assets and liabilities associated with AdvanSix have been removed from the Company’s third quarter Consolidated Balance Sheet. The results of operations for AdvanSix are included in the Consolidated Statement of Operations through the effective date of the spin-off. See Note 1 Basis of Presentation of Notes to Financial Statements for further discussion of the Company’s actual quarterly closing date convention. Honeywell shareowners of record as of the close of business o n September 16, 2016 received one share of AdvanSix common stock for every 25 shares of Honeywell common stock. I mmediately prior to the effective date of the spin-off, AdvanSix incurred debt to ma k e a cash distribution of $ 269 million to the Company. At the same time, AdvanSix also incurred $ 38 million of borrowings in order to fund its post spin-off working capital. T he Company entered into certain agreements with AdvanSix to effect our legal and structural separation including a transition services agreement with AdvanSix to provide certain administrative and other services for a limited time. On September 16, 2016 t he Company completed the sale of Honeyw ell Technology Solutions Inc. for a sale price of $ 300 million . The Company recognized a pre-tax gain of $ 176 million. The Honeywell Technology Solutions business was part of Aerospace.

REPOSITIONING AND OTHER CHARGES

REPOSITIONING AND OTHER CHARGES	9 Months Ended
	Sep. 30, 2016
Repositioning And Other Charges [Abstract]
Repositioning and Other Charges	Note 4 . Repositionin g and Other Charges A summary of repositioning and other charges follows: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Severance $ 155 $ 63 $ 253 $ 138 Asset impairments 11 1 42 9 Exit costs 36 1 41 3 Reserve adjustments (31) (31) (92) (43) Total net repositioning charge 171 34 244 107 Asbestos related litigation charges, net of insurance 64 50 173 142 Probable and reasonably estimable environmental liabilities 49 49 132 144 Other 18 - 18 - Total net repositioning and other charges $ 302 $ 133 $ 567 $ 393 The following table summarizes the pretax distribution of total net repositioning and other charges by income statement classification: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Cost of products and services sold $ 226 $ 129 $ 410 $ 363 Selling, general and administrative expenses 53 4 110 30 Other (income) expense 23 - 47 - $ 302 $ 133 $ 567 $ 393 The following table summarizes the pretax impact of total net repositioning and other charges by segment: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Aerospace $ 144 $ 38 $ 265 $ 134 Home and Building Technologies 24 12 36 38 Performance Materials and Technologies 35 9 71 30 Safety and Productivity Solutions 10 16 4 29 Corporate 89 58 191 162 $ 302 $ 133 $ 567 $ 393 In the quarter ended September 30, 2016 , we recognized a repositioning charge totaling $ 202 million including severance costs of $155 million related to workforce reductions of 3,017 manufacturing and adminis trative positions across our segments. The workforce reductions were primarily related to the separation of the former Automation and Control Solutions reporting segment into two new reporting segments (Home and Building Technologies and Safety and Productivity Solutions); factory tr ansitions in Aerospace, Home and Building Technologies, Safety and Productivity Solutions and Performance Materials and Technologies to more cost-effective locations; and cost savings actions taken in connection with our productivity and ongoing functional transformation initiatives. The repositioning charge included exit costs of $ 36 million principally for expenses related to the spin-off of our AdvanSix business and closure obligations associated with factory transitions. Also, $ 31 million of previousl y established accruals for severance were returned to income as a result of higher attrition than anticipated in prior severance programs resulting in lower required severance payments, and changes in the scope of previously announced repositioning actions . In the quarter ended September 30, 2015 , we recognized a repositioning charge totaling $ 65 million primarily for severance costs related to workforce reductions of 902 manufacturing and administrative positions across our segments. The workforce reductions were primarily related to cost savings actions taken in connection with our productivity and ongoing functional transformation initiatives . Also, $31 million of prev iously established accruals for severance were returned to income as a result of higher attrition than anticipated in prior severance programs resulting in lower required severance payments, and changes in the scope of previously announced repositioning ac tions. In the nine months ended September 30, 2016 , we recognized a repositioning charge totaling $ 336 million including severance costs of $ 253 million related to workforce reductions of 5,888 manufacturing and administrative positions across our segments . The workforce reductions were primarily related to cost savings actions taken in connection with our productivity and ongoing functional transformation initiatives ; the separation of the former Automation and Control Solutions reporti ng segment into two new reporting segments; factory transitions in Aerospace, Home and Building Technologies, Safety and Productivity Solutions and Performance Materials and Technologies to more cost-effective locations; and achieving acquisition-related s ynergies. The repositioning charge included asset impairments of $ 42 million principally related to the write-off of certain intangible assets in connection with the sale of a Performance Materials and Technologies business. The repositioning charge inclu ded exit costs of $ 41 million principally for expenses related to the spin-off of our AdvanSix business and closure obligations associated with factory transitions. Also, $ 92 million of previously established accruals, primarily for severance, were returne d to income as a result of higher attrition than anticipated in prior severance programs resulting in lower required severance payments, lower than expected severance costs in certain repositioning actions, and changes in the scope of previously announced repositioning actions . In the nine months ended September 30, 2015 , we recognized a repositioning charge totaling $ 150 million primarily for severance costs related to workforce reductions of 4,882 manufacturing and administrative positions across our segments. The workforce reductions were primarily related to cost savings actions taken in connection with our productivity and ongoing functional transformation initiatives and outsourcing of certain c omponent manufacturing in Home and Building Technologies . Also, $43 million of previously established accruals, primarily for severance, were returned to income as a result of higher attrition than anticipated in prior severance programs resulting in lowe r required severance payments, and changes in the scope of previously announced repositioning actions. The following table summarizes the status of our total repositioning reserves: Severance Asset Exit Costs Impairments Costs Total December 31, 2015 $ 329 $ - $ 21 $ 350 Charges 253 42 41 336 Usage - cash (135) - (8) (143) Usage - noncash (6) (42) - (48) Foreign currency translation 7 - - 7 Adjustments (91) - (1) (92) September 30, 2016 $ 357 $ - $ 53 $ 410 Certain repositioning projects in 2016 and 2015 included exit or disposal activities, the costs related to which will be recognized in future periods when the actual liability is incurred. Such exit and disposal costs a re not expected to be significant .

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Note 5 . Earnings Per Share Three Months Ended Nine Months Ended September 30, September 30, Basic 2016 2015 2016 2015 Net income attributable to Honeywell $ 1,240 $ 1,264 $ 3,775 $ 3,574 Weighted average shares outstanding 763.7 780.4 765.0 782.5 Earnings per share of common stock $ 1.62 $ 1.62 $ 4.93 $ 4.57 Three Months Ended Nine Months Ended September 30, September 30, Assuming Dilution 2016 2015 2016 2015 Net income attributable to Honeywell $ 1,240 $ 1,264 $ 3,775 $ 3,574 Average Shares Weighted average shares outstanding 763.7 780.4 765.0 782.5 Dilutive securities issuable - stock plans 10.7 9.1 11.3 9.6 Total weighted average shares outstanding 774.4 789.5 776.3 792.1 Earnings per share of common stock $ 1.60 $ 1.60 $ 4.86 $ 4.51 The diluted earnings per share calculations exclude the effect of stock options when the options’ assumed proceeds exceed the average market price of the common shares during the period. For the three and nine months ended September 30, 2016 , the weighted average number of stock options excluded from t he computations were 5.5 million and 6.9 million . For the three and nine months ended September 30, 2015 , the weighted average number of stock options excluded from the computations were 7.0 million and 7.3 million . These stock options were outstanding at the end of each period .

ACCOUNTS, NOTES AND OTHER RECEI

ACCOUNTS, NOTES AND OTHER RECEIVABLES	9 Months Ended
	Sep. 30, 2016
Accounts, Notes And Other Receivables [Abstract]
Accounts, Notes and Other Receivables	Note 6 . Accounts, Notes and Ot her Receivables September 30, December 31, 2016 2015 Trade $ 8,333 $ 7,901 Other 583 436 8,916 8,337 Less: Allowance for doubtful accounts (289) (262) $ 8,627 $ 8,075 Trade receivables include $1,642 and $ 1, 590 million of unbilled balances under long-term contracts as of September 30, 2016 and December 31, 2015 . These amounts are billed in accordance with the terms of customer contracts to which they relate.

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2016
Inventories [Abstract]
Inventories	Note 7. Inventories September 30, December 31, 2016 2015 Raw materials $ 1,160 $ 1,120 Work in process 799 826 Finished products 2,693 2,590 4,652 4,536 Reduction to LIFO cost basis (65) (116) $ 4,587 $ 4,420

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	9 Months Ended
	Sep. 30, 2016
Property Plant And Equipment [Abstract]
Property Plant And Equipment Disclosure [Text Block]	Note 8. Property, Plant and Equipme nt - Net September 30, December 31, 2016 2015 Land and improvements $ 380 $ 367 Machinery and equipment 9,872 10,505 Buildings and improvements 3,391 3,188 Construction in progress 965 848 14,608 14,908 Less—Accumulated depreciation (8,883) (9,119) $ 5,725 $ 5,789

GOODWILL

GOODWILL	9 Months Ended
	Sep. 30, 2016
Goodwill And Other Intangible Assets Net [Abstract]
Goodwill and Other Intangible Assets, Net	Note 9 . Goodwill The change in the carrying amount of goodwill for the nine months ended September 30, 2016 by segment is as follows: Currency December 31, Acquisitions/ Translation September 30, 2015 Divestitures Adjustment 2016 Aerospace $ 2,296 $ 184 $ (19) $ 2,461 Home and Building Technologies 6,438 673 20 7,131 Performance Materials and Technologies 3,771 (136) 41 3,676 Safety and Productivity Solutions 3,390 1,178 10 4,578 $ 15,895 $ 1,899 $ 52 $ 17,846

LONG-TERM DEBT AND CREDIT AGREE

LONG-TERM DEBT AND CREDIT AGREEMENTS	9 Months Ended
	Sep. 30, 2016
Long Term Debt And Credit Agreements [Abstract]
Long-term Debt and Credit Agreements	Note 10 . Long-term De bt and Credit Agreements September 30, December 31, 2016 2015 5.40% notes due 2016 $ - $ 400 5.30% notes due 2017 400 400 Floating rate Euro notes due 2018 1,116 - 5.30% notes due 2018 900 900 5.00% notes due 2019 900 900 0.65% Euro notes due 2020 1,116 - 4.25% notes due 2021 800 800 1.30% Euro notes due 2023 1,395 - 3.35% notes due 2023 300 300 2.25% Euro notes due 2028 837 - 5.70% notes due 2036 550 550 5.70% notes due 2037 600 600 5.375% notes due 2041 600 600 Industrial development bond obligations, floating rate maturing at various dates through 2037 30 30 6.625% debentures due 2028 216 216 9.065% debentures due 2033 51 51 Other (including capitalized leases and debt issuance costs), 0.6%-9.5% maturing at various dates through 2023 446 384 10,257 6,131 Less: current portion (649) (577) $ 9,608 $ 5,554 In February 2016, the Company issued € 1,000 million Floating Rate Senior Notes due 2018, € 1,000 million 0.65% Senior Notes due 2020, € 1,250 million 1.30% Senior Notes due 2023 and € 750 million 2.25% Senior Notes due 2028 (collectively, the “Euro Notes”). The Euro Notes are senior unsecured and unsubordinated obligations of Honeywell and rank equally with all of Honeywell’s existing and future senior unsecured debt and senior to all of Honeywell’s subordinated debt. The offering resulted in gross proceeds o f $ 4,438 million, offset by $ 17 million in discount and closing costs related to the offering. On April 29, 2016, the Company entered into Amendment No. 2 (Amendment) to the Amended and Restated $ 4 billion Credit Agreement dated as of July 10, 2015, as am ended by the certain Amendment No. 1 dated as of September 30, 2015 (as so amended, the “Credit Agreement”), with a syndicate of banks. The Credit Agreement is maintained for general corporate purposes. Commitments under the Credit Agreement can be increas ed pursuant to the terms of the Credit Agreement to an aggregate amount not to exceed $ 4.5 billion. The Amendment, among other things, extends the Credit Agreement’s termination date from July 10, 2020 to July 10, 2021. On April 29, 2016, the Company ente red into a $ 1.5 billion 364-Day Credit Agreement (364-Day Credit Agreement) with a syndicate of banks. The 364-Day Credit Agreement is maintained for general corporate purposes. On April 29, 2016, the Company terminated all commitments under the $3 billi on credit agreement dated as of September 30, 2015, among the Company, the lenders party thereto and Citibank, N.A., as administrative agent. A full description of th e Credit Agreement and the 364-D ay Credit Agreement can be found in the Company’s Current Report on Form 8-K, dated April 29, 2016. On A ugust 5 , 2016, the Company entered into a $ 1.5 billion 364-Day Credit Agreement ( Second 364-Day Credit Agreement) with a syndicate of banks. The Second 364-Day Credit Agreement is maintained for general corporate purposes. A full description of the Second 364-day Credit Agreement can be found in the Company’s Current Report on Form 8-K, dated A ugust 5 , 2016. There have been no borrowings under any of the credit agreements previously described.

FINANCIAL INSTRUMENTS AND FAIR

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES	9 Months Ended
	Sep. 30, 2016
Financial Instruments And Fair Value Measures [Abstract]
Financial Instruments and Fair Value Measures	Note 11 . Financial Instruments and Fair Value Measures Our credit, market, foreign currency and interest rate risk management policies are described in Note 14 , Financial Instruments and Fair Value Measures, of Notes to Financial Statements in our 2015 Annual Report on Form 10-K. The following table sets forth the Company’s financial assets and liabil ities that were accounted for at fair value on a recurring basis: September 30, December 31, 2016 2015 Assets: Foreign currency exchange contracts $ 51 $ 28 Available for sale investments 1,823 1,501 Interest rate swap agreements 115 92 Liabilities: Foreign currency exchange contracts $ 30 $ 17 The foreign currency exchange contracts and interest rate swap agreements are valued using broker quotations or market transactions in either the list ed or over-the-counter markets. These derivative instruments are classi fied within level 2 . The Company holds investments in certificates of deposits , tim e deposits and commercial paper that are designated as available for sale and are valued using published prices based on observable market data. These investments are classified within lev el 2 . The Company also holds available for sale investments in U.S. government and corporate debt securities valued util izing 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 recei vables, payables, commercial paper and short-term borrowings contained in the Consolidated Balance Sheet approximates fair value. The following table sets forth the Company’s financial assets and liabilities that were not carried at fair value: September 30, 2016 December 31, 2015 Carrying Fair Carrying Fair Value Value Value Value Assets Long-term receivables $ 281 $ 272 $ 292 $ 283 Liabilities Long-term debt and related current maturities $ 10,257 $ 11,357 $ 6,131 $ 6,721 The Company determined the fair value of the long-term receivables by discounting based upon the terms of the receivable and counterparty details including credit quality. The fair value of these receivables is considered level 2. The Company determined the fair value of the long-term debt and related current maturities utilizing transactions in the listed markets for identical or similar liabilities. The fair value of the long-term debt and related current maturities is also considered level 2. Interest rate swap agreements are designated as hedge rela tionships with gains or losses on the derivative recognized in Interest and other financial charges offsetting the gains and losses on the underlying debt being hedged. For the three and nine months ended September 30, 2016 , we reco gnized $ 14 million of losses and $ 23 million of gains in earnings on interest rate swap agreements . For the three and nine months ended September 30, 2015 , we recognized $ 24 million and $ 11 million of gains in earnings on interest rate swap agreements. Gains and losses are fully off set by losses and gains on the underlying debt being hedged. We also economically hedge our exposure to changes in foreign exchange rates principally with forward contracts. These contracts are marked-to-market with the resulting gains and losses recog nized in earnings offsetting the gains and losses on the non-functional currency denominated monetary assets and liabilities being hedged. W e recognized $ 24 million and $ 114 million of income in Other (I ncome) E xpense f or the three and nine months ended September 30, 2016 . We reco gnized $ 72 million of income and $ 66 million of expense in Other (Income) Expense f or the three and nine months ended September 30, 2015 .

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9 Months Ended
	Sep. 30, 2016
Accumulated Other Comprehensive Income Loss [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 12 . Accumulated Other Comprehensive Income (Loss ) Changes in Accumulated Other Comprehensive Income by Component Pension Changes in Foreign and Other Fair Value Exchange Postretirement of Effective Translation Benefits Cash Flow Adjustment Adjustments Hedges Total Balance at December 31, 2015 $ (1,892) $ (644) $ 1 $ (2,535) Other comprehensive income (loss) before reclassifications 83 - (1) 82 Amounts reclassified from accumulated other comprehensive income (loss) - (47) 18 (29) Net current period other comprehensive income (loss) 83 (47) 17 53 Balance at September 30, 2016 $ (1,809) $ (691) $ 18 $ (2,482) Pension Changes in Foreign and Other Fair Value Exchange Postretirement of Effective Translation Benefits Cash Flow Adjustment Adjustments Hedges Total Balance at December 31, 2014 $ (740) $ (728) $ 9 $ (1,459) Other comprehensive income (loss) before reclassifications (893) (17) 60 (850) Amounts reclassified from accumulated other comprehensive income (loss) - 13 (77) (64) Net current period other comprehensive income (loss) (893) (4) (17) (914) Balance at September 30, 2015 $ (1,633) $ (732) $ (8) $ (2,373)

SEGMENT FINANCIAL DATA

SEGMENT FINANCIAL DATA	9 Months Ended
	Sep. 30, 2016
Segment Financial Data [Abstract]
Segment Financial Data	Note 13 . Segment Financial Data We globally manage our 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 performan ce based on segment profit. Segment profit is measured as business unit income (loss) before taxes excluding general corporate unallocated expense, other income (expense), interest and other financial charges, pension and other postretirement income (expe nse), stock compensation expense, repositioning and other charges . In July 2016, the Company announced that it is realigning the business units comprising its Automation and Control Solutions reporting segment by forming two new reportable operating segme nts: Home and Building Technologies and Safety and Productivity Solutions. Home and Building Technologies includes Environmental & Energy Solutions, Security and Fire, and Building Solutions and Distribution. Additionally, the Industrial Combustion/Therm al business, previously part of Environmental & Energy Solutions in Automation and Control Solutions, became part of Performance Materials and Technologies. Safety and Productivity Solutions includes Sensing & Productivity Solutions and Industrial Safety , as well as the Intelligrated business. Under the realigned segment reporting structure, the Company has four reportable operating segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies and Safety and Productivity So lutions. Effective with the quarter ended September 30, 2016 t he Company has reported its financial performance based on this realignment. These realignments have no impact on the Company’s historical consolidated financial position, results of operation s or cash flows. Prior period amounts have been reclassified to conform to current period segment presentation. Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Net Sales Aerospace Products $ 2,358 $ 2,557 $ 7,404 $ 7,643 Services 1,243 1,263 3,681 3,611 Total 3,601 3,820 11,085 11,254 Home and Building Technologies Products 2,360 2,020 6,931 5,825 Services 341 293 923 861 Total 2,701 2,313 7,854 6,686 Performance Materials and Technologies Products 1,924 1,810 5,822 5,784 Services 405 469 1,222 1,353 Total 2,329 2,279 7,044 7,137 Safety and Productivity Solutions Products 1,102 1,186 3,241 3,483 Services 71 13 93 39 Total 1,173 1,199 3,334 3,522 $ 9,804 $ 9,611 $ 29,317 $ 28,599 Segment Profit Aerospace $ 663 $ 833 $ 2,252 $ 2,362 Home and Building Technologies 441 408 1,213 1,088 Performance Materials and Technologies 503 474 1,484 1,517 Safety and Productivity Solutions 172 193 495 565 Corporate (59) (56) (157) (156) Total segment profit 1,720 1,852 5,287 5,376 Other income (expense) (a) 169 15 174 39 Interest and other financial charges (82) (72) (252) (226) Stock compensation expense (b) (49) (41) (145) (132) Pension ongoing income (b) 146 96 447 299 Other postretirement income (expense) (b) 7 (10) 24 (30) Repositioning and other charges (b) (279) (133) (520) (393) Income before taxes $ 1,632 $ 1,707 $ 5,015 $ 4,933 (a) Equity income (loss) of affiliated companies is included in segment profit. (b) Amounts included in cost of products and services sold and selling, general and administrative expenses.

PENSION BENEFITS

PENSION BENEFITS	9 Months Ended
	Sep. 30, 2016
Pension Disclosure Paragraph Details [Abstract]
Pension Benefits	Note 14 . Pension Benefits Net periodic pension benefit income for our significant defined benefit plans include the following components: U.S. Plans Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Service cost $ 48 $ 58 $ 143 $ 172 Interest cost 150 179 450 535 Expected return on plan assets (306) (321) (918) (962) Amortization of prior service (credit) cost (11) 5 (33) 17 Settlements and curtailments - 8 - 8 $ (119) $ (71) $ (358) $ (230) Non-U.S. Plans Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Service cost $ 11 $ 13 $ 36 $ 39 Interest cost 43 44 137 133 Expected return on plan assets (92) (91) (291) (270) Amortization of transition obligation - 1 - 1 Amortization of prior service (credit) - (1) (2) (2) Settlements and curtailments - 2 - 2 $ (38) $ (32) $ (120) $ (97)

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2016
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 15 . Commitments and Contingencies Environmental Matters Our environmental matters are described in Note 19 Commitments and Contingencies of Notes to Financial Statements in our 2015 Annual Report on Form 10-K. The following table summarizes information concerning our recorded liabilities for environmental costs: December 31, 2015 $ 518 Accruals for environmental matters deemed probable and reasonably estimable 132 Environmental liability payments (144) Other (4) September 30, 2016 $ 502 Environmental liabilities are included in the following balance sheet accounts: September 30, December 31, 2016 2015 Accrued liabilities $ 251 $ 253 Other liabilities 251 265 $ 502 $ 518 We do 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, we do not expect that environmental matters will have a material adverse effect on our consolidated financial position. Onondaga Lake, Syracuse, NY —We are implementing a combined dredging/capping remedy of Onondaga Lake pursuant to a consent decree approved by the United States District Court for the Northern District of New York in January 2007. We have accrued for our estimated cost of remediating Onondaga Lake based on currently available information and analysis performed by our engineering consu ltants. H oneywell is also conducting remedial investigations and activities at other sites in Syracuse . We have recorded reserves for these investigations and activities where appropriate, consistent with the accounting policy described above. Honeywell has entered into a cooperative agreement with potential natural resource trustees to assess alleged natural resource damages relating to this site. It is not possible to predict the outcome or duration of this assessment, or the amounts of, or responsibility for, any damages. Asbestos Matters Honeywell is a defendant in asbestos related personal injury actions related to two predecessor companies: North American Refractories Company (NARCO), which was sold in 1986, produced refractory products (bricks and cement used in high temperature applications). Claimants consist largely of individuals who allege exposure to NARCO asbestos-containing refractory products in an occupational setting. Bendix Friction Materials (Bendix) business, which was sold in 2014, manufacture d automotive brake parts 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 rep lacements. The following tables summarize information concerning NARCO and Bendix asbestos related balances: Asbestos Related Liabilities Bendix NARCO Total December 31, 2015 $ 622 $ 921 $ 1,543 Accrual for update to estimated liability 170 7 177 Asbestos related liability payments (143) (7) (150) September 30, 2016 $ 649 $ 921 $ 1,570 Insurance Recoveries for Asbestos Related Liabilities Bendix NARCO Total December 31, 2015 $ 124 $ 325 $ 449 Probable insurance recoveries related to estimated liability 16 - 16 Insurance receivables settlements 8 - 8 Insurance receipts for asbestos related liabilities (14) (3) (17) September 30, 2016 $ 134 $ 322 $ 456 NARCO and Bendix asbestos related balances are included in the following balance sheet accounts: September 30, December 31, 2016 2015 Other current assets $ 23 $ 23 Insurance recoveries for asbestos related liabilities 433 426 $ 456 $ 449 Accrued liabilities $ 292 $ 292 Asbestos related liabilities 1,278 1,251 $ 1,570 $ 1,543 NARCO Products –In connection with NARCO’s emergence from bankruptcy on April 30, 2013, a federally authorized 524(g) trust (NARCO Trust) was established for the evaluation and resolution of all existing and future NARCO asbestos claims. Both Honeywell and NARCO are pro tected 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 NARCO Trust. T he NARCO Trust reviews submitted claims and determines award amounts in accordance with established Trust Distribution Procedures approved by the Bankruptcy Court which set forth the criteria claimants must meet to qualify for compensation including, among other things, exposure and medical criteria that determine the award amount. In addition, Honeywell provided, and continues to provide, input to the design of control procedures for processing NARCO claims, and has on-going audit rights to review and moni tor the claims processors’ adherence to the established requirements of the Trust Distribution Procedures. Honeywell is obligated to fund NARCO asbestos claims submitted to the NARCO Trust which qualify for payment under the Trust Distribution Procedures ( Annual Contribution Claims), subject to annual caps of $ 140 million in the years 2016 through 2018 and $ 145 million for each year thereafter. However, the initial $ 100 million of claims processed through the NARCO Trust (the Initial Claims Amount) will not count against the annual cap and any unused portion of the Initial Claims Amount will roll over to subsequent years until fully utilized. In 2015, Honeywell filed suit against the NARCO Trust in Bankruptcy Court alleging breach of certain provisions of th e Trust Agreement and Trust Distribution Procedures. The parties agreed to dismiss the proceeding without prejudice pursuant to an 18 month Standstill Agreement. Claims processing will continue during this period subject to a defined dispute resolution p rocess. As of September 30, 2016 , Honeywell has not made any payments to the NARCO Trust for Annual Contribution Claims. Honeywell is also responsible for payments due to claimants pursuant to settlement agreements reached during the pendency of the NA RCO bankruptcy proceedings that provide for the right to submit claims to the NARCO Trust subject to qualification under the terms of the settlement agreements and Trust Distribution Procedures criteria (Pre-established Unliquidated Claims), which amounts are estimated at $ 150 million and are expected to be paid during the initial years of trust operations ($ 5 million of which has been paid since the effective date of the NARCO Trust). Such payments are not subject to the annual cap described above. Our consolidated financial statements reflect an estimated liability for pre-established unliquidated claims ($ 145 million), unsettled claims pending as of the time NARCO filed for bankruptcy protection ($ 3 3 million) and for the estimated value of future NARC O asbestos claims expected to be asserted against the NARCO Trust through 2018 ($743 million). In the absence of actual trust experience on which to base the estimate, Honeywell projected the probable value of asbestos related future liabilities, including trust claim handling costs, based on a commonly accepted methodology used by numerous bankruptcy courts addressing 524(g) trusts. Some critical assumptions underlying this methodology include claims filing rates, disease criteria and payment values contai ned in the Trust Distribution Procedures, estimated approval rates of claims submitted to the NARCO Trust and epidemiological studies estimating disease instances. This projection resulted in a range of estimated liability of $ 743 million to $ 961 million. We believe that no amount within this range is a better estimate than any other amount and accordingly, we have recorded the minimum amount in the range. In light of the uncertainties inherent in making long-term projections and in connection with the rec ent implementation of the Trust Distribution Procedures by the NARCO Trust, as well as the stay of all NARCO asbestos claims which remained in place throughout NARCO’s Chapter 11 case, we do not believe that we have a reasonable basis for estimating NARCO asbestos claims beyond 2018. Our insurance receivable corresponding to the estimated liability for pending and future NARCO asbestos claims reflects coverage which reimburses Honeywell for portions of NARCO-related indemnity and defense costs and is provid ed by a large number of insurance policies written by dozens of insurance companies in both the domestic insurance market and the London excess market. We conduct analyses to estimate the probable amount of insurance that is recoverable for asbestos claims . While the substantial majority of our insurance carriers are solvent, some of our individual carriers are insolvent, which has been considered in our analysis of probable recoveries. We made judgments concerning insurance coverage that we believe are rea sonable and consistent with our historical dealings and our knowledge of any pertinent solvency issues surrounding insurers. Projecting future events is subject to many uncertainties that could cause the NARCO-related asbestos liabilities or assets to be h igher or lower than those projected and recorded. Given the uncertainties, we review our estimates periodically, and update them based on our experience and other relevant factors. Similarly, we will reevaluate our projections concerning our probable insur ance recoveries in light of any changes to the projected liability or other developments that may impact insurance recoveries. Friction Products —The following tables present information regarding Bendix related asbestos claims activity: Nine Months Ended Years Ended September 30, December 31, Claims Activity 2016 2015 2014 Claims Unresolved at the beginning of period 7,779 9,267 12,302 Claims Filed 2,081 2,862 3,694 Claims Resolved (1) (2,066) (4,350) (6,729) Claims Unresolved at the end of period 7,794 7,779 9,267 (1) Claims resolved in 2014 include 2,110 cancer claims which were determined to have no value. Also, claims resolved in 2015 and 2014 include significantly aged (i.e., pending for more than six years) claims totaling 153 and 1,266. Disease Distribution of Unresolved Claims September 30, December 31, 2016 2015 2014 Mesothelioma and Other Cancer Claims 3,559 3,772 3,933 Nonmalignant Claims 4,235 4,007 5,334 Total Claims 7,794 7,779 9,267 Honeywell has experienced average resolution values per claim excluding legal costs as follows: Years Ended December 31, 2015 2014 2013 2012 2011 (in whole dollars) Malignant claims $ 44,000 $ 53,500 $ 51,000 $ 49,000 $ 48,000 Nonmalignant claims $ 100 $ 120 $ 850 $ 1,400 $ 1,000 It is not possible to predict whether resolution values for Bendix-related asbestos claims will increase, decrease or stabilize in the future. Our consolidated financial statements reflect an estimated liability for resolution of pending (claims actually filed as of the financial statement date) and future Bendix-related asbestos claims. We have valued Bendix pending and future claims using average resolution values for the previous five years. We update the resolution values used to estimate the cost of Bendix pending and future claims during the fourth quarter each year. The liability for future claims represents the estimated value of future asbestos related bodily injury claims expected to be asserted against Bendix over the next five years. Such estim ated cost of future Bendix-related asbestos claims is based on historic claims filing experience and dismissal rates, disease classifications, and resolution values in the tort system for the previous five years. In light of the uncertainties inherent in making long-term projections, as well as certain factors unique to friction product asbestos claims, we do not believe that we have a reasonable basis for estimating asbestos claims beyond the next five years. The methodology used to estimate the liability for future claims is similar to that used to estimate the liability for future NARCO-related asbestos claims. Our insurance receivable corresponding to the liability for settlement of pending and future Bendix asbestos claims reflects coverage which is pr ovided 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. Honeywell believes it has sufficient insurance coverage and res erves to cover all pending Bendix-related asbestos claims and Bendix-related asbestos claims estimated to be filed within the next five years. Although it is impossible to predict the outcome of either pending or future Bendix-related asbestos claims, we d o not believe that such claims would have a material adverse effect on our consolidated financial position in light of our insurance coverage and our prior experience in resolving such claims. If the rate and types of claims filed, the average resolution v alue of such claims and the period of time over which claim settlements are paid (collectively, the Variable Claims Factors) do not substantially change, Honeywell would not expect future Bendix-related asbestos claims to have a material adverse effect on our results of operations or operating cash flows in any fiscal year. No assurances can be given, however, that the Variable Claims Factors will not change . Other Matters We are subject to a number of other lawsuits, investigations and disputes (some of wh ich 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 p roperty, and environmental, health and safety matters. We recognize a liability for any contingency that is probable of occurrence and reasonably estimable. We continually assess the likelihood of adverse judgments of outcomes in these 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. Included in these other matters are the fol lowing: Honeywell v. United Auto Workers (UAW) et. al — In July 2011, Honeywell filed an action in federal court (District of New Jersey) against the UAW and all former employees who retired under a series of Master Collective Bargaining Agreements (MCBAs) between Honeywell and the UAW seeking a declaratory judgment that certain express limitations on its obligation to contribute toward the healthcare coverage of such retirees (the CAPS) set forth in the MCBAs may be implemented, effective January 1, 2012. The UAW and certain retiree defendants filed a mirror suit in the Eastern District of Michigan alleging that the MCBAs do not provide for CAPS on the Company’s liability for healthcare coverage. The New Jersey action was dismissed and Honeywell subsequent ly answered the UAW’s complaint in Michigan and asserted counterclaims for fraudulent inducement, negligent misrepresentation and breach of implied warranty. The UAW filed a motion to dismiss these counterclaims. The court dismissed Honeywell’s fraudulen t inducement and negligent misrepresentation claims, but let stand the claim for breach of implied warranty. In the second quarter of 2014, t he parties agreed to stay the proceedings with respect to those retirees who retired before the initial inclusions of the CAPS in the 2003 MCBA until the Supreme Court decided the M&G Polymers USA, LLC v. Tackett case . In a ruling on January 26, 2015, the Supreme Court held that retiree health insurance benefits provided in collective bargaining agreements do not carry an inference that they are vested or guaranteed to continue for life and that the “vesting” issue must be decided pursuant to ordinary principles of contract law. The stay of the proceedings has been lifted and the case is again proceeding . Based on the Supreme Court’s ruling, Honeywell is confident that the CAPS will be upheld and that its liability for healthcare coverage premiums with respect to the putative class will be limited as negotiated and expressly set forth in the applica ble MCBAs. In the event of an adverse ruling, however, Honeywell’s other postretirement benefits for pre-2003 retirees would increase by approximately $ 176 million, reflecting the estimated value of these CAPS. In December 2013, the UAW and certain of t he plaintiffs filed a motion for partial summary judgment with respect to those retirees who retired after the initial inclusion of the CAPS in the 2003 MCBA. The UAW sought a ruling that the 2003 MCBA did not limit Honeywell’s obligation to contribute to healthcare coverage for the post-2003 retirees. That motion remains pending. Honeywell is confident that the Court will find that the 2003 MCBA does, in fact, limit Honeywell’s retiree healthcare obligation for post-2003 retirees. In the event of an adver se ruling, however, Honeywell’s other postretirement benefits for post-2003 retirees would increase by approximately $ 110 million, reflecting the estimated value of these CAPS. Joint Strike Fighter Investigation - In 2013 the Company received subpoenas fro m the Department of Justice requesting information relating primarily to parts manufactured in the United Kingdom and China used in the F-35 fighter jet. The Company is cooperating fully with the investigation. While we believe that Honeywell has complied with all relevant U.S. laws and regulations regarding the manufacture of these sensors, it is not possible to predict the outcome of the investigation or what action, if any, may result from it . Given the uncertainty inherent in litigation and investigati ons (including the specific matters referenced above), we do not believe it is possible to develop estimates of reasonably possible loss in excess of current accruals for these matters (other than as specifically set forth above). Considering our past expe rience and existing accruals, we do not expect the outcome of these 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 tim e, 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 results of operations or operating cash flows in the periods recognized or paid.

ACQUISITIONS AND DIVESTITURES (

ACQUISITIONS AND DIVESTITURES (Tables)	9 Months Ended
	Sep. 30, 2016
Business Combinations [Abstract]
Schedule Of Business Acquisitions By Acquisition [Text Block]	Current assets $ 522 Intangible assets 2,160 Other noncurrent assets 194 Current liabilities (456) Noncurrent liabilities (919) Net assets acquired 1,501 Noncontrolling interest (3) Goodwill 3,401 Purchase Price $ 4,899

REPOSITIONING AND OTHER CHARG22

REPOSITIONING AND OTHER CHARGES (Tables)	9 Months Ended
	Sep. 30, 2016
Repositioning And Other Charges [Abstract]
Repositioning and other charges text block	A summary of repositioning and other charges follows: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Severance $ 155 $ 63 $ 253 $ 138 Asset impairments 11 1 42 9 Exit costs 36 1 41 3 Reserve adjustments (31) (31) (92) (43) Total net repositioning charge 171 34 244 107 Asbestos related litigation charges, net of insurance 64 50 173 142 Probable and reasonably estimable environmental liabilities 49 49 132 144 Other 18 - 18 - Total net repositioning and other charges $ 302 $ 133 $ 567 $ 393
Pretax distribution of total net repositioning and other charges by income statement classification	The following table summarizes the pretax distribution of total net repositioning and other charges by income statement classification: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Cost of products and services sold $ 226 $ 129 $ 410 $ 363 Selling, general and administrative expenses 53 4 110 30 Other (income) expense 23 - 47 - $ 302 $ 133 $ 567 $ 393
Pretax Impact of Total Net Repositioning and Other Charges by Segment	The following table summarizes the pretax impact of total net repositioning and other charges by segment: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Aerospace $ 144 $ 38 $ 265 $ 134 Home and Building Technologies 24 12 36 38 Performance Materials and Technologies 35 9 71 30 Safety and Productivity Solutions 10 16 4 29 Corporate 89 58 191 162 $ 302 $ 133 $ 567 $ 393
Total Repositioning Reserves	The following table summarizes the status of our total repositioning reserves: Severance Asset Exit Costs Impairments Costs Total December 31, 2015 $ 329 $ - $ 21 $ 350 Charges 253 42 41 336 Usage - cash (135) - (8) (143) Usage - noncash (6) (42) - (48) Foreign currency translation 7 - - 7 Adjustments (91) - (1) (92) September 30, 2016 $ 357 $ - $ 53 $ 410

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Earnings per share basic	Three Months Ended Nine Months Ended September 30, September 30, Basic 2016 2015 2016 2015 Net income attributable to Honeywell $ 1,240 $ 1,264 $ 3,775 $ 3,574 Weighted average shares outstanding 763.7 780.4 765.0 782.5 Earnings per share of common stock $ 1.62 $ 1.62 $ 4.93 $ 4.57
Earnings per share diluted	Three Months Ended Nine Months Ended September 30, September 30, Assuming Dilution 2016 2015 2016 2015 Net income attributable to Honeywell $ 1,240 $ 1,264 $ 3,775 $ 3,574 Average Shares Weighted average shares outstanding 763.7 780.4 765.0 782.5 Dilutive securities issuable - stock plans 10.7 9.1 11.3 9.6 Total weighted average shares outstanding 774.4 789.5 776.3 792.1 Earnings per share of common stock $ 1.60 $ 1.60 $ 4.86 $ 4.51

ACCOUNTS, NOTES AND OTHER REC24

ACCOUNTS, NOTES AND OTHER RECEIVABLES (Tables)	9 Months Ended
	Sep. 30, 2016
Accounts, Notes And Other Receivables [Abstract]
Schedule of trade, notes, and other receivables	September 30, December 31, 2016 2015 Trade $ 8,333 $ 7,901 Other 583 436 8,916 8,337 Less: Allowance for doubtful accounts (289) (262) $ 8,627 $ 8,075

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Sep. 30, 2016
Inventories [Abstract]
Inventories	September 30, December 31, 2016 2015 Raw materials $ 1,160 $ 1,120 Work in process 799 826 Finished products 2,693 2,590 4,652 4,536 Reduction to LIFO cost basis (65) (116) $ 4,587 $ 4,420

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 30, 2016
Property Plant And Equipment [Abstract]
Property Plant And Equipment [Text Block]	September 30, December 31, 2016 2015 Land and improvements $ 380 $ 367 Machinery and equipment 9,872 10,505 Buildings and improvements 3,391 3,188 Construction in progress 965 848 14,608 14,908 Less—Accumulated depreciation (8,883) (9,119) $ 5,725 $ 5,789

GOODWILL (Tables)

GOODWILL (Tables)	9 Months Ended
	Sep. 30, 2016
Goodwill And Other Intangible Assets Net [Abstract]
Carrying amount of goodwill	Currency December 31, Acquisitions/ Translation September 30, 2015 Divestitures Adjustment 2016 Aerospace $ 2,296 $ 184 $ (19) $ 2,461 Home and Building Technologies 6,438 673 20 7,131 Performance Materials and Technologies 3,771 (136) 41 3,676 Safety and Productivity Solutions 3,390 1,178 10 4,578 $ 15,895 $ 1,899 $ 52 $ 17,846

LONG-TERM DEBT AND CREDIT AGR28

LONG-TERM DEBT AND CREDIT AGREEMENTS (Tables)	9 Months Ended
	Sep. 30, 2016
Long Term Debt And Credit Agreements [Abstract]
Long-Term Debt and Credit Agreements	September 30, December 31, 2016 2015 5.40% notes due 2016 $ - $ 400 5.30% notes due 2017 400 400 Floating rate Euro notes due 2018 1,116 - 5.30% notes due 2018 900 900 5.00% notes due 2019 900 900 0.65% Euro notes due 2020 1,116 - 4.25% notes due 2021 800 800 1.30% Euro notes due 2023 1,395 - 3.35% notes due 2023 300 300 2.25% Euro notes due 2028 837 - 5.70% notes due 2036 550 550 5.70% notes due 2037 600 600 5.375% notes due 2041 600 600 Industrial development bond obligations, floating rate maturing at various dates through 2037 30 30 6.625% debentures due 2028 216 216 9.065% debentures due 2033 51 51 Other (including capitalized leases and debt issuance costs), 0.6%-9.5% maturing at various dates through 2023 446 384 10,257 6,131 Less: current portion (649) (577) $ 9,608 $ 5,554

FINANCIAL INSTRUMENTS AND FAI29

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES (Tables)	9 Months Ended
	Sep. 30, 2016
Financial Instruments And Fair Value Measures [Abstract]
Schedule Of Fair Value Assets And Liabilities Measured On Recurring Basis Table Text Block	September 30, December 31, 2016 2015 Assets: Foreign currency exchange contracts $ 51 $ 28 Available for sale investments 1,823 1,501 Interest rate swap agreements 115 92 Liabilities: Foreign currency exchange contracts $ 30 $ 17
Financial assets and liabilities that were not carried at fair value	September 30, 2016 December 31, 2015 Carrying Fair Carrying Fair Value Value Value Value Assets Long-term receivables $ 281 $ 272 $ 292 $ 283 Liabilities Long-term debt and related current maturities $ 10,257 $ 11,357 $ 6,131 $ 6,721

ACCUMULATED OTHER COMPREHENSI30

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	9 Months Ended
	Sep. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Abstract]
Changes in Accumulated Other Comprehensive Income by Component	Pension Changes in Foreign and Other Fair Value Exchange Postretirement of Effective Translation Benefits Cash Flow Adjustment Adjustments Hedges Total Balance at December 31, 2015 $ (1,892) $ (644) $ 1 $ (2,535) Other comprehensive income (loss) before reclassifications 83 - (1) 82 Amounts reclassified from accumulated other comprehensive income (loss) - (47) 18 (29) Net current period other comprehensive income (loss) 83 (47) 17 53 Balance at September 30, 2016 $ (1,809) $ (691) $ 18 $ (2,482) Pension Changes in Foreign and Other Fair Value Exchange Postretirement of Effective Translation Benefits Cash Flow Adjustment Adjustments Hedges Total Balance at December 31, 2014 $ (740) $ (728) $ 9 $ (1,459) Other comprehensive income (loss) before reclassifications (893) (17) 60 (850) Amounts reclassified from accumulated other comprehensive income (loss) - 13 (77) (64) Net current period other comprehensive income (loss) (893) (4) (17) (914) Balance at September 30, 2015 $ (1,633) $ (732) $ (8) $ (2,373)

SEGMENT FINANCIAL DATA (Tables)

SEGMENT FINANCIAL DATA (Tables)	9 Months Ended
	Sep. 30, 2016
Segment Financial Data [Abstract]
Segment Financial Data	Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Net Sales Aerospace Products $ 2,358 $ 2,557 $ 7,404 $ 7,643 Services 1,243 1,263 3,681 3,611 Total 3,601 3,820 11,085 11,254 Home and Building Technologies Products 2,360 2,020 6,931 5,825 Services 341 293 923 861 Total 2,701 2,313 7,854 6,686 Performance Materials and Technologies Products 1,924 1,810 5,822 5,784 Services 405 469 1,222 1,353 Total 2,329 2,279 7,044 7,137 Safety and Productivity Solutions Products 1,102 1,186 3,241 3,483 Services 71 13 93 39 Total 1,173 1,199 3,334 3,522 $ 9,804 $ 9,611 $ 29,317 $ 28,599 Segment Profit Aerospace $ 663 $ 833 $ 2,252 $ 2,362 Home and Building Technologies 441 408 1,213 1,088 Performance Materials and Technologies 503 474 1,484 1,517 Safety and Productivity Solutions 172 193 495 565 Corporate (59) (56) (157) (156) Total segment profit 1,720 1,852 5,287 5,376 Other income (expense) (a) 169 15 174 39 Interest and other financial charges (82) (72) (252) (226) Stock compensation expense (b) (49) (41) (145) (132) Pension ongoing income (b) 146 96 447 299 Other postretirement income (expense) (b) 7 (10) 24 (30) Repositioning and other charges (b) (279) (133) (520) (393) Income before taxes $ 1,632 $ 1,707 $ 5,015 $ 4,933 (a) Equity income (loss) of affiliated companies is included in segment profit. (b) Amounts included in cost of products and services sold and selling, general and administrative expenses.

PENSION BENEFITS (Tables)

PENSION BENEFITS (Tables)	9 Months Ended
	Sep. 30, 2016
Pension Benefits (Tables) [Abstract]
Defined Benefit Plans Disclosure	U.S. Plans Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Service cost $ 48 $ 58 $ 143 $ 172 Interest cost 150 179 450 535 Expected return on plan assets (306) (321) (918) (962) Amortization of prior service (credit) cost (11) 5 (33) 17 Settlements and curtailments - 8 - 8 $ (119) $ (71) $ (358) $ (230) Non-U.S. Plans Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Service cost $ 11 $ 13 $ 36 $ 39 Interest cost 43 44 137 133 Expected return on plan assets (92) (91) (291) (270) Amortization of transition obligation - 1 - 1 Amortization of prior service (credit) - (1) (2) (2) Settlements and curtailments - 2 - 2 $ (38) $ (32) $ (120) $ (97)

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2016
Commitments And Contingencies Disclosure [Abstract]
Loss Contingency	December 31, 2015 $ 518 Accruals for environmental matters deemed probable and reasonably estimable 132 Environmental liability payments (144) Other (4) September 30, 2016 $ 502
Environmental liabilities are included in the following balance sheet accounts:	Environmental liabilities are included in the following balance sheet accounts: September 30, December 31, 2016 2015 Accrued liabilities $ 251 $ 253 Other liabilities 251 265 $ 502 $ 518
Asbestos Related Liabilities	Asbestos Related Liabilities Bendix NARCO Total December 31, 2015 $ 622 $ 921 $ 1,543 Accrual for update to estimated liability 170 7 177 Asbestos related liability payments (143) (7) (150) September 30, 2016 $ 649 $ 921 $ 1,570
Insurance Recoveries for Asbestos Related Liabilities	Insurance Recoveries for Asbestos Related Liabilities Bendix NARCO Total December 31, 2015 $ 124 $ 325 $ 449 Probable insurance recoveries related to estimated liability 16 - 16 Insurance receivables settlements 8 - 8 Insurance receipts for asbestos related liabilities (14) (3) (17) September 30, 2016 $ 134 $ 322 $ 456
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: September 30, December 31, 2016 2015 Other current assets $ 23 $ 23 Insurance recoveries for asbestos related liabilities 433 426 $ 456 $ 449 Accrued liabilities $ 292 $ 292 Asbestos related liabilities 1,278 1,251 $ 1,570 $ 1,543
The following tables present information regarding Bendix related asbestos claims activity	Nine Months Ended Years Ended September 30, December 31, Claims Activity 2016 2015 2014 Claims Unresolved at the beginning of period 7,779 9,267 12,302 Claims Filed 2,081 2,862 3,694 Claims Resolved (1) (2,066) (4,350) (6,729) Claims Unresolved at the end of period 7,794 7,779 9,267 (1) Claims resolved in 2014 include 2,110 cancer claims which were determined to have no value. Also, claims resolved in 2015 and 2014 include significantly aged (i.e., pending for more than six years) claims totaling 153 and 1,266.
Disease distribution of claims	Disease Distribution of Unresolved Claims September 30, December 31, 2016 2015 2014 Mesothelioma and Other Cancer Claims 3,559 3,772 3,933 Nonmalignant Claims 4,235 4,007 5,334 Total Claims 7,794 7,779 9,267
Average resolution values per asbestos claim	Honeywell has experienced average resolution values per claim excluding legal costs as follows: Years Ended December 31, 2015 2014 2013 2012 2011 (in whole dollars) Malignant claims $ 44,000 $ 53,500 $ 51,000 $ 49,000 $ 48,000 Nonmalignant claims $ 100 $ 120 $ 850 $ 1,400 $ 1,000

RECENT ACCOUNTING PRONOUNCEME34

RECENT ACCOUNTING PRONOUNCEMENTS (Details) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Sep. 30, 2016	Sep. 30, 2015
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Excess tax benefits from share based payment arrangements				$ 0	$ 69,000,000
Accounting Standards Update 2016-09 [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Diluted Earnings Per Share	$ 0.07	$ 0.04	$ 0.03
Excess tax benefits from share based payment arrangements	$ 57,000,000	$ 38,000,000	$ 30,000,000

ACQUISITIONS AND DIVESTITURES35

ACQUISITIONS AND DIVESTITURES (Details) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net [Abstract]
Goodwill	$ 17,846,000,000	$ 17,846,000,000		$ 15,895,000,000
Spinoff [Abstract]
AdvanSix pre-separation funding		269,000,000	$ 0
AdvanSix pre-spin borrowing		38,000,000	0
Proceeds From Divestiture Of Businesses		304,000,000	3,000,000
Pretax gain on sale		$ 176,000,000	$ 1,000,000
AdvanSix (formerly Resins and Chemicals Business) [Member]
Spinoff [Abstract]
Spinoff Activities, Description		On October 1, 2016 the Company completed the tax-free spin-off of its Resins and Chemicals business, part of Performance Materials and Technologies, into a standalone, publicly-traded company (named AdvanSix) to Honeywell shareowners. Since the effective date of the spin-off falls within the fiscal third quarter, the assets and liabilities associated with AdvanSix have been removed from the Company’s third quarter Consolidated Balance Sheet. The results of operations for AdvanSix are included in the Consolidated Statement of Operations through the effective date of the spin-off. See Note 1 Basis of Presentation of Notes to Financial Statements for further discussion of the Company’s actual quarterly closing date convention. Honeywell shareowners of record as of the close of business on September 16, 2016 received one share of AdvanSix common stock for every 25 shares of Honeywell common stock. Immediately prior to the effective date of the spin-off, AdvanSix incurred debt to make a cash distribution of $269 million to the Company. At the same time, AdvanSix also incurred $38 million of borrowings in order to fund its post spin-off working capital.
Spinoff Activities, Completion Date		Oct. 1, 2016
Spinoff Transaction, Share Conversion	0.04	0.04
AdvanSix pre-separation funding		$ 269,000,000
AdvanSix pre-spin borrowing		38,000,000
Honeywell Technology Solutions Inc [Member] | Disposal Group Disposed Of By Sale Not Discontinued Operations [Member]
Spinoff [Abstract]
Proceeds From Divestiture Of Businesses		300,000,000
Pretax gain on sale		$ 176,000,000
Disposal Date 1		Sep. 16, 2016
Total Acquisitions [Member]
Business Acquisitions and Divestitures [Line Items]
Payments To Acquire Businesses Net Of Cash Acquired	$ 1,483,000,000	$ 2,532,000,000
Elster [Member]
Business Acquisitions and Divestitures [Line Items]
Name of acquired entity		Elster Division of Melrose Industries plc
Effective date of acquisition		Dec. 29, 2015
Purchase price	4,899,000,000	$ 4,899,000,000
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net [Abstract]
Current assets	522,000,000	522,000,000
Intangible assets	2,160,000,000	2,160,000,000
Other noncurrent assets	194,000,000	194,000,000
Current liabilities	(456,000,000)	(456,000,000)
Noncurrent liabilities	(919,000,000)	(919,000,000)
Net assets acquired	1,501,000,000	1,501,000,000
Noncontrolling interest	(3,000,000)	(3,000,000)
Goodwill	3,401,000,000	3,401,000,000
Purchase price	4,899,000,000	$ 4,899,000,000
Intelligrated [Member]
Business Acquisitions and Divestitures [Line Items]
Name of acquired entity		Intelligrated
Description of acquired entity		a leading provider of supply chain and warehouse automation technologies,
Effective date of acquisition		Aug. 29, 2016
Payments To Acquire Businesses Net Of Cash Acquired		$ 1,483,000,000
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net [Abstract]
Goodwill	$ 1,124,000,000	$ 1,124,000,000

REPOSITIONING AND OTHER CHARG36

REPOSITIONING AND OTHER CHARGES (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	$ 171,000,000	$ 34,000,000	$ 244,000,000	$ 107,000,000
Asbestos related litigation charges, net of insurance	64,000,000	50,000,000	173,000,000	142,000,000
Probable and reasonably estimable environmental liabilities	49,000,000	49,000,000	132,000,000	144,000,000
Other	18,000,000	0	18,000,000	0
Total net repositioning and other charges	302,000,000	133,000,000	567,000,000	393,000,000
Severance Costs [Member]
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	155,000,000	63,000,000	253,000,000	138,000,000
Tangible And Intangible Asset Impairment [Member]
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	11,000,000	1,000,000	42,000,000	9,000,000
Exit Costs [Member]
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	36,000,000	1,000,000	41,000,000	3,000,000
Restructuring Reserve Accrual Adjustments [Member]
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	$ (31,000,000)	$ (31,000,000)	$ (92,000,000)	$ (43,000,000)

REPOSITIONING AND OTHER CHARG37

REPOSITIONING AND OTHER CHARGES 2 (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	$ 302,000,000	$ 133,000,000	$ 567,000,000	$ 393,000,000
Cost of products and services sold [Member]
Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	226,000,000	129,000,000	410,000,000	363,000,000
Selling, general and administrative expenses [Member]
Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	53,000,000	4,000,000	110,000,000	30,000,000
Other (Income) Expense [Member]
Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	$ 23,000,000	$ 0	$ 47,000,000	$ 0

REPOSITIONING AND OTHER CHARG38

REPOSITIONING AND OTHER CHARGES 3 (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	$ 302	$ 133	$ 567	$ 393
Corporate [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	89	58	191	162
Aerospace [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	144	38	265	134
Performance Materials And Technologies [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	35	9	71	30
Home and Building Technologies [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	24	12	36	38
Safety And Productivity Solutions [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	$ 10	$ 16	$ 4	$ 29

REPOSITIONING AND OTHER CHARG39

REPOSITIONING AND OTHER CHARGES 4 (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)Employees	Sep. 30, 2015USD ($)Employees	Sep. 30, 2016USD ($)Employees	Sep. 30, 2015USD ($)Employees
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 171	$ 34	$ 244	$ 107
Net repositioning and other charges Paragraph Details [Abstract]
Gross Repositioning Charge	$ 202	$ 65	$ 336	$ 150
Number of employees severed | Employees	3,017	902	5,888	4,882
Severance Costs [Member]
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 155	$ 63	$ 253	$ 138
Tangible And Intangible Asset Impairment [Member]
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	11	1	42	9
Exit Costs [Member]
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	36	1	41	3
Restructuring Reserve Accrual Adjustments [Member]
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	$ (31)	$ (31)	$ (92)	$ (43)

REPOSITIONING AND OTHER CHARG40

REPOSITIONING AND OTHER CHARGES 5 (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Restructuring Reserve [Line Items]
Balance at beginning of period,	$ 350,000,000
Charges	336,000,000
Usage - cash	(143,000,000)
Usage - noncash	(48,000,000)
Adjustments	(92,000,000)
Foreign currency translation adjustment	7,000,000
Balance at end of period,	410,000,000
Severance Costs [Member]
Restructuring Reserve [Line Items]
Balance at beginning of period,	329,000,000
Charges	253,000,000
Usage - cash	(135,000,000)
Usage - noncash	(6,000,000)
Adjustments	(91,000,000)
Foreign currency translation adjustment	7,000,000
Balance at end of period,	357,000,000
Tangible And Intangible Asset Impairment [Member]
Restructuring Reserve [Line Items]
Balance at beginning of period,	0
Charges	42,000,000
Usage - cash	0
Usage - noncash	(42,000,000)
Adjustments	0
Foreign currency translation adjustment	0
Balance at end of period,	0
Exit Costs [Member]
Restructuring Reserve [Line Items]
Balance at beginning of period,	21,000,000
Charges	41,000,000
Usage - cash	(8,000,000)
Usage - noncash	0
Adjustments	(1,000,000)
Foreign currency translation adjustment	0
Balance at end of period,	$ 53,000,000

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings Per Share [Abstract]
Net income attributable to Honeywell	$ 1,240	$ 1,264	$ 3,775	$ 3,574
Weighted average shares outstanding	763.7	780.4	765	782.5
Earnings per share of common stock - basic	$ 1.62	$ 1.62	$ 4.93	$ 4.57
Assuming dilution
Net income attributable to Honeywell	$ 1,240	$ 1,264	$ 3,775	$ 3,574
Average shares
Weighted average shares outstanding	763.7	780.4	765	782.5
Dilutive securities issuable - stock plans	10.7	9.1	11.3	9.6
Total weighted average diluted shares outstanding	774.4	789.5	776.3	792.1
Earnings per share of common stock - assuming dilution	$ 1.6	$ 1.6	$ 4.86	$ 4.51
Earnings Per Share Paragraph Details [Abstract]
Stock options excluded from diluted computations	5.5	7	6.9	7.3

ACCOUNTS, NOTES AND OTHER REC42

ACCOUNTS, NOTES AND OTHER RECEIVABLES (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Accounts Receivable, Net Current [Abstract]
Trade	$ 8,333	$ 7,901
Other	583	436
Accounts receivable, Gross	8,916	8,337
Less - Allowance for doubtful accounts	(289)	(262)
Accounts receivable, Net	8,627	8,075
Accounts Notes, And Other Receivables Paragraph Details [Abstract]
Unbilled contract receivable	$ 1,642	$ 1,590

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Inventory Combining Work In Process And Raw Materials Alternative Gross Abstract
Raw materials	$ 1,160	$ 1,120
Work in process	799	826
Finished products	2,693	2,590
Inventory, Gross	4,652	4,536
Reduction to LIFO cost basis	(65)	(116)
Inventories	$ 4,587	$ 4,420

PROPERTY, PLANT AND EQUIPMENT44

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Property Plant And Equipment [Line Items]
Property Plant And Equipment Gross	$ 14,608	$ 14,908
Less - Accumulated depreciation	(8,883)	(9,119)
Property, plant and equipment - net	5,725	5,789
Land and improvements [Member]
Property Plant And Equipment [Line Items]
Property Plant And Equipment Gross	380	367
Machinery and equipment [Member]
Property Plant And Equipment [Line Items]
Property Plant And Equipment Gross	9,872	10,505
Building and improvements [Member]
Property Plant And Equipment [Line Items]
Property Plant And Equipment Gross	3,391	3,188
Construction in progress [Member]
Property Plant And Equipment [Line Items]
Property Plant And Equipment Gross	$ 965	$ 848

GOODWILL (Details)

GOODWILL (Details) $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)
Goodwill [Line Items]
Balance at beginning of period,	$ 15,895
Acquisitions/Divestitures	1,899
Currency Translation Adjustment	52
Balance at end of period,	17,846
Aerospace [Member]
Goodwill [Line Items]
Balance at beginning of period,	2,296
Acquisitions/Divestitures	184
Currency Translation Adjustment	(19)
Balance at end of period,	2,461
Home And Building Technologies [Member]
Goodwill [Line Items]
Balance at beginning of period,	6,438
Acquisitions/Divestitures	673
Currency Translation Adjustment	20
Balance at end of period,	7,131
Performance Materials And Technologies [Member]
Goodwill [Line Items]
Balance at beginning of period,	3,771
Acquisitions/Divestitures	(136)
Currency Translation Adjustment	41
Balance at end of period,	3,676
Safety And Productivity Solutions [Member]
Goodwill [Line Items]
Balance at beginning of period,	3,390
Acquisitions/Divestitures	1,178
Currency Translation Adjustment	10
Balance at end of period,	$ 4,578

LONG-TERM DEBT AND CREDIT AGR46

LONG-TERM DEBT AND CREDIT AGREEMENTS (Details) € in Millions	9 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2016EUR (€)	Sep. 30, 2016USD ($)	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
Total long-term debt, including current portion			$ 10,257,000,000	$ 6,131,000,000
Less current portion			(649,000,000)	(577,000,000)
Total Noncurrent Debt			9,608,000,000	5,554,000,000
Notes 5.40% due 2016 [Member]
Debt Instrument [Line Items]
Senior Notes			$ 0	400,000,000
Various interest rates		5.40%	5.40%
Maturity date of debt instrument	Mar. 15, 2016
Notes 5.30% due 2017 [Member]
Debt Instrument [Line Items]
Senior Notes			$ 400,000,000	400,000,000
Various interest rates		5.30%	5.30%
Maturity date of debt instrument	Mar. 15, 2017
Notes 5.30% due 2018 [Member]
Debt Instrument [Line Items]
Senior Notes			$ 900,000,000	900,000,000
Various interest rates		5.30%	5.30%
Maturity date of debt instrument	Mar. 1, 2018
Notes 5.00% due 2019 [Member]
Debt Instrument [Line Items]
Senior Notes			$ 900,000,000	900,000,000
Various interest rates		5.00%	5.00%
Maturity date of debt instrument	Feb. 15, 2019
Notes 4.25% Due 2021 [Member]
Debt Instrument [Line Items]
Senior Notes			$ 800,000,000	800,000,000
Various interest rates		4.25%	4.25%
Maturity date of debt instrument	Mar. 1, 2021
Notes 3.35% Due 2023 [Member]
Debt Instrument [Line Items]
Senior Notes			$ 300,000,000	300,000,000
Various interest rates		3.35%	3.35%
Maturity date of debt instrument	Dec. 1, 2023
Notes 5.70% due 2036 [Member]
Debt Instrument [Line Items]
Senior Notes			$ 550,000,000	550,000,000
Various interest rates		5.70%	5.70%
Maturity date of debt instrument	Mar. 15, 2036
Notes 5.70% due 2037 [Member]
Debt Instrument [Line Items]
Senior Notes			$ 600,000,000	600,000,000
Various interest rates		5.70%	5.70%
Maturity date of debt instrument	Mar. 15, 2037
Notes 5.375% Due 2041 [Member]
Debt Instrument [Line Items]
Senior Notes			$ 600,000,000	600,000,000
Various interest rates		5.375%	5.375%
Maturity date of debt instrument	Mar. 1, 2041
Industrial development bond obligations, floating rate maturing at various dates through 2037 [Member]
Debt Instrument [Line Items]
Industrial development bond			$ 30,000,000	30,000,000
Maturity date of debt instrument	Dec. 31, 2037
Debentures 6.625% due 2028 [Member]
Debt Instrument [Line Items]
Debentures			$ 216,000,000	216,000,000
Various interest rates		6.625%	6.625%
Maturity date of debt instrument	Jun. 15, 2028
Debentures 9.065% due 2033 [Member]
Debt Instrument [Line Items]
Debentures			$ 51,000,000	51,000,000
Various interest rates		9.065%	9.065%
Maturity date of debt instrument	Jun. 1, 2033
Other including capitalized leases and debt issuance costs .6% To 9.5% maturing at various dates through 2023 [Member]
Debt Instrument [Line Items]
Other long term debt			$ 446,000,000	384,000,000
Maturity date of debt instrument	Dec. 31, 2023
Other including capitalized leases and debt issuance costs .6% To 9.5% maturing at various dates through 2023 [Member] | Minimum Member]
Debt Instrument [Line Items]
Various interest rates		0.60%	0.60%
Other including capitalized leases and debt issuance costs .6% To 9.5% maturing at various dates through 2023 [Member] | Maximum [Member]
Debt Instrument [Line Items]
Various interest rates		9.50%	9.50%
Floating rate Euro notes due 2018 [Member]
Debt Instrument [Line Items]
Senior Notes		€ 1,000	$ 1,116,000,000	0
Maturity date of debt instrument	Feb. 22, 2018
Euro notes .65% due 2020 [Member]
Debt Instrument [Line Items]
Senior Notes		€ 1,000	$ 1,116,000,000	0
Various interest rates		0.65%	0.65%
Maturity date of debt instrument	Feb. 21, 2020
Euro notes 1.30% due 2023 [Member]
Debt Instrument [Line Items]
Senior Notes		€ 1,250	$ 1,395,000,000	0
Various interest rates		1.30%	1.30%
Maturity date of debt instrument	Feb. 22, 2023
Euro notes 2.25% due 2028 [Member]
Debt Instrument [Line Items]
Senior Notes		€ 750	$ 837,000,000	$ 0
Various interest rates		2.25%	2.25%
Maturity date of debt instrument	Feb. 22, 2028
Euro Notes [Member]
Debt Instrument [Line Items]
Gross proceeds from Euro Notes	$ 4,438,000,000
Discount and closing costs			$ 17,000,000
Issuance date	Feb. 22, 2016
Syndicate Of Banks [Member] | Revolving Credit Facility [Member]
Line Of Credit Facility [Line Items]
Facility initiation date	Jul. 10, 2015
Facility expiration date	Jul. 10, 2021
Line of credit facility, current borrowing capacity			4,000,000,000
Line of credit facility, maximum borrowing capacity			4,500,000,000
Line Of Credit Facility Remaining Borrowing Capacity			4,000,000,000
Syndicate Of Banks [Member] | $3B 364-Day Credit Agreement
Line Of Credit Facility [Line Items]
Facility initiation date	Sep. 30, 2015
Facility expiration date	Apr. 29, 2016
Syndicate Of Banks [Member] | $1.5B 364 Day Credit Agreement [Member]
Line Of Credit Facility [Line Items]
Facility initiation date	Apr. 29, 2016
Facility expiration date	Apr. 28, 2017
Line of credit facility, current borrowing capacity			1,500,000,000
Line Of Credit Facility Remaining Borrowing Capacity			1,500,000,000
Syndicate Of Banks [Member] | $1.5B Second 364 Day Credit Agreement
Line Of Credit Facility [Line Items]
Facility initiation date	Aug. 5, 2016
Facility expiration date	Aug. 4, 2017
Line of credit facility, current borrowing capacity			1,500,000,000
Line Of Credit Facility Remaining Borrowing Capacity			$ 1,500,000,000

FINANCIAL INSTRUMENTS AND FAI47

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Significant Observable Inputs (Level 2) | Foreign Currency Exchange Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Fair Value Of Derivative Asset	$ 51	$ 28
Derivative Fair Value Of Derivative Liability	30	17
Significant Observable Inputs (Level 2) | Interest Rate Swap Agreements [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Fair Value Of Derivative Asset	115	92
Fair Value Inputs Level 1 And Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments	$ 1,823	$ 1,501

FINANCIAL INSTRUMENTS AND FAI48

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES 2 (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Long-term receivables	$ 281	$ 292
Long-term debt and related current maturities	10,257	6,131
Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Long-term receivables	272	283
Long-term debt and related current maturities	$ 11,357	$ 6,721

FINANCIAL INSTRUMENTS AND FAI49

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES 3 (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Cash Flow Hedge Gain Loss Reclassified To Income Statement Locations Paragraph Details [Abstract]
Gain (loss) on interest rate swap agreements	$ (14)	$ 24	$ 23	$ 11
Foreign Exchange Mark to Market income (expense)	$ 24	$ 72	$ 114	$ (66)

ACCUMULATED OTHER COMPREHENSI50

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Accumulated Other Comprehensive Income Loss [Line Items]
Balance beginning of period December 31,	$ (2,535,000,000)	$ (1,459,000,000)
Other comprehensive income (loss) before reclassifications	82,000,000	(850,000,000)
Amounts reclassified from accumulated other comprehensive income (loss)	(29,000,000)	(64,000,000)
Net current period other comprehensive income (loss)	53,000,000	(914,000,000)
Balance end of period	(2,482,000,000)	(2,373,000,000)
Foreign Exchange Translation Adjustment [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Balance beginning of period December 31,	(1,892,000,000)	(740,000,000)
Other comprehensive income (loss) before reclassifications	83,000,000	(893,000,000)
Amounts reclassified from accumulated other comprehensive income (loss)	0	0
Net current period other comprehensive income (loss)	83,000,000	(893,000,000)
Balance end of period	(1,809,000,000)	(1,633,000,000)
Pension and Other Postretirement Benefits Adjustments [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Balance beginning of period December 31,	(644,000,000)	(728,000,000)
Other comprehensive income (loss) before reclassifications	0	(17,000,000)
Amounts reclassified from accumulated other comprehensive income (loss)	(47,000,000)	13,000,000
Net current period other comprehensive income (loss)	(47,000,000)	(4,000,000)
Balance end of period	(691,000,000)	(732,000,000)
Changes in Fair Value of Effective Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Balance beginning of period December 31,	1,000,000	9,000,000
Other comprehensive income (loss) before reclassifications	(1,000,000)	60,000,000
Amounts reclassified from accumulated other comprehensive income (loss)	18,000,000	(77,000,000)
Net current period other comprehensive income (loss)	17,000,000	(17,000,000)
Balance end of period	$ 18,000,000	$ (8,000,000)

SEGMENT FINANCIAL DATA (Details

SEGMENT FINANCIAL DATA (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Segment Reporting Information [Line Items]
Product sales	$ 7,744	$ 7,573	$ 23,398	$ 22,735
Service sales	2,060	2,038	5,919	5,864
Net sales	9,804	9,611	29,317	28,599
Total segment profit	1,720	1,852	5,287	5,376
Corporate Non Segment [Member]
Segment Reporting Information [Line Items]
Total segment profit	(59)	(56)	(157)	(156)
Aerospace [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Product sales	2,358	2,557	7,404	7,643
Service sales	1,243	1,263	3,681	3,611
Net sales	3,601	3,820	11,085	11,254
Total segment profit	663	833	2,252	2,362
Performance Materials and Technologies [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Product sales	1,924	1,810	5,822	5,784
Service sales	405	469	1,222	1,353
Net sales	2,329	2,279	7,044	7,137
Total segment profit	503	474	1,484	1,517
Home and Building Technologies [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Product sales	2,360	2,020	6,931	5,825
Service sales	341	293	923	861
Net sales	2,701	2,313	7,854	6,686
Total segment profit	441	408	1,213	1,088
Safety And Productivity Solutions [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Product sales	1,102	1,186	3,241	3,483
Service sales	71	13	93	39
Net sales	1,173	1,199	3,334	3,522
Total segment profit	$ 172	$ 193	$ 495	$ 565

SEGMENT FINANCIAL DATA 2 (Detai

SEGMENT FINANCIAL DATA 2 (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)Segments	Sep. 30, 2015USD ($)
Reconciliation of segment profit to consolidated [Abstract]
Total segment profit	$ 1,720	$ 1,852	$ 5,287	$ 5,376
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Interest and other financial charges	(82)	(72)	(252)	(226)
Repositioning and other charges	(302)	(133)	(567)	(393)
Income before taxes	1,632	1,707	5,015	4,933
Segment Financial Data [Abstract]
Net sales	9,804	9,611	$ 29,317	28,599
Additional Information About Entity's Reportable Segments			In July 2016, the Company announced that it is realigning the business units comprising its Automation and Control Solutions reporting segment by forming two new reportable operating segments: Home and Building Technologies and Safety and Productivity Solutions.  Home and Building Technologies includes Environmental & Energy Solutions, Security and Fire, and Building Solutions and Distribution. Additionally, the Industrial Combustion/Thermal business, previously part of Environmental & Energy Solutions in Automation and Control Solutions, became part of Performance Materials and Technologies. Safety and Productivity Solutions includes Sensing & Productivity Solutions and Industrial Safety, as well as the Intelligrated business. Under the realigned segment reporting structure, the Company has four reportable operating segments:  Aerospace, Home and Building Technologies, Performance Materials and Technologies and Safety and Productivity Solutions. Effective with the quarter ended September 30, 2016 the Company has reported its financial performance based on this realignment.
Number Of Operating Segments | Segments			4
Material Reconciling Items [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Other income (expense)	169	15	$ 174	39
Interest and other financial charges	(82)	(72)	(252)	(226)
Stock compensation expense	(49)	(41)	(145)	(132)
Repositioning and other charges	(279)	(133)	(520)	(393)
Income before taxes	1,632	1,707	5,015	4,933
Material Reconciling Items [Member] | Pension Plans, Defined Benefit [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Benefit plans income/(expense)	146	96	447	299
Material Reconciling Items [Member] | Other Postretirement Benefit Plans [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Benefit plans income/(expense)	7	(10)	24	(30)
Corporate [Member]
Reconciliation of segment profit to consolidated [Abstract]
Total segment profit	(59)	(56)	(157)	(156)
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Repositioning and other charges	$ (89)	$ (58)	$ (191)	$ (162)

PENSION BENEFITS (Details)

PENSION BENEFITS (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 48,000,000	$ 58,000,000	$ 143,000,000	$ 172,000,000
Interest cost	150,000,000	179,000,000	450,000,000	535,000,000
Expected return on plan assets	(306,000,000)	(321,000,000)	(918,000,000)	(962,000,000)
Amortization of prior service cost (credit)	(11,000,000)	5,000,000	(33,000,000)	17,000,000
Settlements and curtailments	0	8,000,000	0	8,000,000
Net periodic benefit (income)	(119,000,000)	(71,000,000)	(358,000,000)	(230,000,000)
Non-US, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	11,000,000	13,000,000	36,000,000	39,000,000
Interest cost	43,000,000	44,000,000	137,000,000	133,000,000
Expected return on plan assets	(92,000,000)	(91,000,000)	(291,000,000)	(270,000,000)
Amortization of transition obligations	0	1,000,000	0	1,000,000
Amortization of prior service cost (credit)	0	(1,000,000)	(2,000,000)	(2,000,000)
Settlements and curtailments	0	2,000,000	0	2,000,000
Net periodic benefit (income)	$ (38,000,000)	$ (32,000,000)	$ (120,000,000)	$ (97,000,000)

COMMITMENTS AND CONTINGENCIES54

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2016	Dec. 31, 2015
Accrual For Environmental Loss Contingencies [RollForward]
Beginning of period	$ 518
Accruals for environmental matters deemed probable and reasonably estimable	132
Environmental liability payments	(144)
Other	(4)
End of period	502
Loss Contingency Classification of Accrual [Abstract]
Accrued liabilities		$ 251	$ 253
Other liabilities		251	265
Total environmental liabilities	$ 518	$ 502	$ 518

COMMITMENTS AND CONTINGENCIES 2

COMMITMENTS AND CONTINGENCIES 2 (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Asbestos Related Liabilities [Member]
Asbestos Related Liabilities Disclosure [Abstract]
Asbestos Related Liabilities, Beginning of Period	$ 1,543,000,000
Accrual for update to estimated liability	177,000,000
Asbestos related liability payments	(150,000,000)
Asbestos Related Liabilities, End of Period	1,570,000,000
Asbestos Related Liabilities Insurance Recoveries [Line Items]
Insurance Recoveries, beginning of period	449,000,000
Probable insurance recoveries related to estimated liability	16,000,000
Insurance receivables settlements	8,000,000
Insurance receipts for asbestos related liabilities	(17,000,000)
Insurance recoveries, end of period	456,000,000
Bendix Asbestos Loss Contingency Liability [Member]
Asbestos Related Liabilities Disclosure [Abstract]
Asbestos Related Liabilities, Beginning of Period	622,000,000
Accrual for update to estimated liability	170,000,000
Asbestos related liability payments	(143,000,000)
Asbestos Related Liabilities, End of Period	649,000,000
Asbestos Related Liabilities Insurance Recoveries [Line Items]
Insurance Recoveries, beginning of period	124,000,000
Probable insurance recoveries related to estimated liability	16,000,000
Insurance receivables settlements	8,000,000
Insurance receipts for asbestos related liabilities	(14,000,000)
Insurance recoveries, end of period	134,000,000
Narco Asbestos Loss Contingency Liability [Member]
Asbestos Related Liabilities Disclosure [Abstract]
Asbestos Related Liabilities, Beginning of Period	921,000,000
Accrual for update to estimated liability	7,000,000
Asbestos related liability payments	(7,000,000)
Asbestos Related Liabilities, End of Period	921,000,000
Asbestos Related Liabilities Insurance Recoveries [Line Items]
Insurance Recoveries, beginning of period	325,000,000
Probable insurance recoveries related to estimated liability	0
Insurance receivables settlements	0
Insurance receipts for asbestos related liabilities	(3,000,000)
Insurance recoveries, end of period	$ 322,000,000

COMMITMENTS AND CONTINGENCIES 3

COMMITMENTS AND CONTINGENCIES 3 (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Loss Contingency, Narco and Bendix Asbestos Related Balances by Balance Sheet Caption [Line Items]
Insurance recoveries for asbestos related liabilities	$ 433	$ 426
Asbestos related liabilities	1,278	1,251
Asbestos Related Liabilities [Member]
Loss Contingency, Narco and Bendix Asbestos Related Balances by Balance Sheet Caption [Line Items]
Other current assets	23	23
Insurance recoveries for asbestos related liabilities	433	426
Total assets	456	449
Accrued liabilities	292	292
Asbestos related liabilities	1,278	1,251
Total liabilities	$ 1,570	$ 1,543

COMMITMENTS AND CONTINGENCIES 4

COMMITMENTS AND CONTINGENCIES 4 (Details) $ in Millions	Sep. 30, 2016USD ($)
Loss Contingency By Nature Of Contingency [Line Items]
Loss Contingency Estimated Pre-established Unliquidated Claims Amount	$ 145
Loss Contingency Unsettled Claims Amount	33
Exceptions To Cap [Abstract]
Value Not Included In Cap	100
Estimated value of settlement agreements to be paid during the initial years of trust operations	150
Settlement Payments	5
Minimum Member]
Loss Contingency By Nature Of Contingency [Line Items]
Estimated Liability	743
Maximum [Member]
Loss Contingency By Nature Of Contingency [Line Items]
Estimated Liability	961
Years 2016 To 2018 [Member]
Loss Contingency By Nature Of Contingency [Line Items]
Annual Trust Cap	140
Year 2019 And Thereafter [Member]
Loss Contingency By Nature Of Contingency [Line Items]
Annual Trust Cap	$ 145

COMMITMENTS AND CONTINGENCIES 5

COMMITMENTS AND CONTINGENCIES 5 (Details) - Bendix Asbestos Loss Contingency Liability [Member] - claims	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015	Dec. 31, 2014	Sep. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Loss Contingency Claims [Abstract]
Claims Unresolved at the beginning of period	7,779	9,267	12,302
Claims Filed during the period	2,081	2,862	3,694
Claims Resolved during the period	(2,066)	(4,350)	(6,729)
Claims Unresolved at the end of period	7,794	7,779	9,267
Loss Contingency Claims Footnote [Abstract]
Significantly Aged Claims		153	1,266
Cancer Claims With No Determinable Value			2,110
Loss Contingency Disease Distribution Of Unresolved Claims [Line Items]
Mesothelioma and Other Cancer Claims				3,559	3,772	3,933
Nonmalignant Claims				4,235	4,007	5,334
Total Claims	7,779	7,779	12,302	7,794	7,779	9,267

COMMITMENTS AND CONTINGENCIES 6

COMMITMENTS AND CONTINGENCIES 6 (Details) - Bendix Asbestos Loss Contingency Liability [Member] - $ / claims	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Resolution Values Per Claim [Line Items]
Malignant claims	44,000	53,500	51,000	49,000	48,000
Nonmalignant claims	100	120	850	1,400	1,000

COMMITMENTS AND CONTINGENCIES 7

COMMITMENTS AND CONTINGENCIES 7 (Details) - United Auto Workers [Member] $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)
Pre-2003 Retirees [Member]
Other Matters Paragraph Details [Line Items]
Potential Opeb Increase Due To Adverse Ruling	$ 176
Post-2003 Retirees [Member]
Other Matters Paragraph Details [Line Items]
Potential Opeb Increase Due To Adverse Ruling	$ 110

COMMITMENTS AND CONTINGENCIES 8

COMMITMENTS AND CONTINGENCIES 8 (Details)	9 Months Ended
	Sep. 30, 2016
Joint Strike Fighter [Member]
Other Matters Paragraph Details 2 [Line Items]
Loss Contingency Request For Information	In 2013 the Company received subpoenas from the Department of Justice requesting information relating primarily to parts manufactured in the United Kingdom and China used in the F-35 fighter jet. The Company is cooperating fully with the investigation. While we believe that Honeywell has complied with all relevant U.S. laws and regulations regarding the manufacture of these sensors, it is not possible to predict the outcome of the investigation or what action, if any, may result from it