Honeywell International (HON) 10-K 10 Feb 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2016	Jan. 27, 2017	Jun. 30, 2016
Document And Entity Information [Abstract]
Document type	10-K
Document period end date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
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		761,194,241
Entity public float			$ 88.6
Entity tax identification number	222,640,650

CONSOLIDATED STATEMENT OF OPERA

CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Consolidated Statement of Operations
Product sales	$ 31,362	$ 30,695	$ 32,398
Service sales	7,940	7,886	7,908
Net Sales	39,302	38,581	40,306
Costs, expenses and other
Cost of products sold	22,170	21,775	23,889
Cost of services sold	4,980	4,972	5,068
Cost of products and services sold	27,150	26,747	28,957
Selling, general and administrative expenses	5,469	5,006	5,518
Other (income) expense	(102)	(68)	(305)
Interest and other financial charges	338	310	318
Cost, operating and non-operating expenses	32,855	31,995	34,488
Income from continuing operations before taxes	6,447	6,586	5,818
Tax expense	1,601	1,739	1,489
Net income	4,846	4,847	4,329
Less: Net income attributable to the noncontrolling interest	37	79	90
Net income attributable to Honeywell	$ 4,809	$ 4,768	$ 4,239
Earnings per share of common stock - basic	$ 6.29	$ 6.11	$ 5.4
Earnings per share of common stock - assuming dilution	6.2	6.04	5.33
Cash dividends per share of common stock	$ 2.45	$ 2.15	$ 1.87

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 4,846,000,000	$ 4,847,000,000	$ 4,329,000,000
Other Comprehensive Income (Loss), Net Of Tax [Abstract]
Foreign exchange translation adjustment	(52,000,000)	(1,152,000,000)	(1,044,000,000)
Actuarial losses	(443,000,000)	(464,000,000)	(1,411,000,000)
Prior service (cost) credit	(18,000,000)	446,000,000	73,000,000
Prior service credit recognized during year	(78,000,000)	(13,000,000)	(2,000,000)
Actuarial losses recognized during year	236,000,000	72,000,000	202,000,000
Transition obligation recognized during year	0	0	1,000,000
Settlements and curtailments	(5,000,000)	2,000,000	0
Foreign exchange translation and other	73,000,000	41,000,000	54,000,000
Pensions and other postretirement benefit adjustments	(235,000,000)	84,000,000	(1,083,000,000)
Unrealized gains for the period	0	0	15,000,000
Less: reclassification adjustment for gains included in net income	0	0	185,000,000
Changes in fair value of available for sale investments	0	0	(170,000,000)
Effective portion of cash flow hedges recognized in other comprehensive income	103,000,000	91,000,000	20,000,000
Less: Reclassification adjustment for (losses) gains included in net income	(5,000,000)	99,000,000	0
Changes in fair value of effective cash flow hedges	108,000,000	(8,000,000)	20,000,000
Other comprehensive income (loss), net of tax	(179,000,000)	(1,076,000,000)	(2,277,000,000)
Comprehensive income	4,667,000,000	3,771,000,000	2,052,000,000
Less: Comprehensive income attributable to the noncontrolling interest	29,000,000	73,000,000	87,000,000
Comprehensive income attributable to Honeywell	$ 4,638,000,000	$ 3,698,000,000	$ 1,965,000,000

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 7,843	$ 5,455
Accounts, notes and other receivables	8,818	8,075
Inventories	4,366	4,420
Investments and other current assets	2,031	2,103
Total current assets	23,058	20,053
Investments and long-term receivables	587	517
Property, plant and equipment - net	5,793	5,789
Goodwill	17,707	15,895
Other intangible assets - net	4,634	4,577
Insurance recoveries for asbestos related liabilities	417	426
Deferred income taxes	347	283
Other assets	1,603	1,776
Total assets	54,146	49,316
Current liabilities:
Accounts payable	5,690	5,580
Commercial paper and other short-term borrowings	3,366	5,937
Current maturities of long-term debt	227	577
Accrued liabilities	7,048	6,277
Total current liabilities	16,331	18,371
Long-term debt	12,182	5,554
Deferred income taxes	486	558
Postretirement benefit obligations other than pensions	473	526
Asbestos related liabilities	1,014	1,251
Other liabilities	4,110	4,348
Redeemable noncontrolling interest	3	290
SHAREOWNERS' EQUITY
Capital - common stock issued	958	958
Capital - additional paid in capital	5,781	5,377
Common stock held in treasury, at cost	(13,366)	(11,664)
Accumulated other comprehensive income (loss)	(2,714)	(2,535)
Retained earnings	28,710	26,147
Total Honeywell shareowners' equity	19,369	18,283
Noncontrolling interest	178	135
Total shareowners' equity	19,547	18,418
Total liabilities, redeemable noncontrolling interest, and shareowners' equity	$ 54,146	$ 49,316

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income	$ 4,846,000,000	$ 4,847,000,000	$ 4,329,000,000
Less: Net income attributable to the noncontrolling interest	37,000,000	79,000,000	90,000,000
Net income attributable to Honeywell	4,809,000,000	4,768,000,000	4,239,000,000
Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities:
Depreciation	726,000,000	672,000,000	667,000,000
Amortization	304,000,000	211,000,000	257,000,000
(Gain) loss on sale of non-strategic businesses and assets	(178,000,000)	1,000,000	11,000,000
Gain on sale of available for sale investments	0	0	(221,000,000)
Repositioning and other charges	695,000,000	546,000,000	598,000,000
Net payments for repositioning and other charges	(625,000,000)	(537,000,000)	(530,000,000)
Pension and other postretirement (income) expense	(360,000,000)	(323,000,000)	44,000,000
Pension and other postretirement benefit payments	(143,000,000)	(122,000,000)	(167,000,000)
Stock compensation expense	184,000,000	175,000,000	187,000,000
Deferred income taxes	76,000,000	315,000,000	132,000,000
Excess tax benefits from share based payment arrangements	0	(81,000,000)	(102,000,000)
Other	194,000,000	57,000,000	(271,000,000)
Changes in assets and liabilities, net of the effects of acquisitions and divestitures:
Accounts, notes and other receivables	(770,000,000)	211,000,000	(172,000,000)
Inventories	(18,000,000)	230,000,000	(200,000,000)
Other current assets	117,000,000	80,000,000	120,000,000
Accounts payable	254,000,000	(17,000,000)	307,000,000
Accrued liabilities	233,000,000	(667,000,000)	181,000,000
Net cash provided by operating activities	5,498,000,000	5,519,000,000	5,080,000,000
Cash flows from investing activities:
Expenditures for property, plant and equipment	(1,095,000,000)	(1,073,000,000)	(1,094,000,000)
Proceeds from disposals of property, plant and equipment	21,000,000	15,000,000	18,000,000
Increase in investments	(3,954,000,000)	(6,714,000,000)	(4,074,000,000)
Decrease in investments	3,681,000,000	6,587,000,000	3,288,000,000
Cash paid for acquisitions, net of cash acquired	(2,573,000,000)	(5,228,000,000)	(4,000,000)
Proceeds from sales of businesses, net of fees paid	296,000,000	1,000,000	160,000,000
Other	282,000,000	(102,000,000)	(170,000,000)
Net cash used for investing activities	(3,342,000,000)	(6,514,000,000)	(1,876,000,000)
Cash flows from financing activities:
Net (decrease) increase in commercial paper and other short-term borrowings	(2,464,000,000)	4,265,000,000	309,000,000
Proceeds from issuance of common stock	409,000,000	186,000,000	265,000,000
Proceeds from issuance of long-term debt	9,245,000,000	60,000,000	97,000,000
Payments of long-term debt	(2,839,000,000)	(880,000,000)	(609,000,000)
Excess tax benefits from share based payment arrangements	0	81,000,000	102,000,000
Repurchases of common stock	(2,079,000,000)	(1,884,000,000)	(924,000,000)
Cash dividends paid	(1,915,000,000)	(1,726,000,000)	(1,510,000,000)
Payments to purchase the noncontrolling interest	(238,000,000)	0	0
AdvanSix pre-separation funding	269,000,000	0	0
AdvanSix pre-spin borrowing	38,000,000	0	0
AdvanSix cash at spinoff	(38,000,000)	0	0
Other	(42,000,000)	(65,000,000)	(58,000,000)
Net cash provided by (used for) financing activities	346,000,000	37,000,000	(2,328,000,000)
Effect of foreign exchange rate changes on cash and cash equivalents	(114,000,000)	(546,000,000)	(339,000,000)
Net increase (decrease) in cash and cash equivalents	2,388,000,000	(1,504,000,000)	537,000,000
Cash and cash equivalents at beginning of period	5,455,000,000	6,959,000,000	6,422,000,000
Cash and cash equivalents at end of period	$ 7,843,000,000	$ 5,455,000,000	$ 6,959,000,000

CONSOLIDATED STATEMENT OF SHARE

CONSOLIDATED STATEMENT OF SHAREOWNERS EQUITY - USD ($)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interest [Member]
Balance at, beginning of period at Dec. 31, 2013			$ 4,682,000,000	$ (9,374,000,000)	$ 20,383,000,000	$ 818,000,000	$ 112,000,000
Treasury Stock, Shares, Beginning Balance at Dec. 31, 2013				(173,800,000)
Reacquired stock or repurchases of common stock				$ (924,000,000)
Reacquired stock or repurchases of common stock, shares				(10,000,000)
Issued for employee savings and option plans			175,000,000	$ 303,000,000
Issued for employee savings and option plans, shares				8,400,000
Stock-based compensation expense			187,000,000
Other owner changes			(6,000,000)	$ 0			(3,000,000)
Other owner changes, shares				0
Net income attributable to Honeywell	$ 4,239,000,000				4,239,000,000
Dividends on common stock					(1,478,000,000)
Redemption value adjustment					(29,000,000)
Foreign exchange translation adjustment	(1,044,000,000)					(1,044,000,000)	(3,000,000)
Dividends paid							(17,000,000)
Contributions from noncontrolling interest holders							5,000,000
Pensions and other postretirement benefit adjustments	(1,083,000,000)					(1,083,000,000)
Changes in fair value of available for sale investments	(170,000,000)					(170,000,000)
Changes in fair value of effective cash flow hedges	20,000,000					20,000,000
Acquisitions							0
AdvanSix spin-off					0
Interest sold (bought)							(7,000,000)
Net income attributable to the noncontrolling interest	90,000,000						40,000,000
Balance at, end of period at Dec. 31, 2014	$ 17,784,000,000	$ 958,000,000	5,038,000,000	$ (9,995,000,000)	23,115,000,000	(1,459,000,000)	127,000,000
Treasury Stock, Shares, Ending Balance at Dec. 31, 2014				(175,400,000)
Common Stock Shares Issued		957,600,000
Common stock, shares	782,200,000
Reacquired stock or repurchases of common stock	$ (1,884,000,000)			$ (1,884,000,000)
Reacquired stock or repurchases of common stock, shares	(18,800,000)			(18,800,000)
Issued for employee savings and option plans			164,000,000	$ 215,000,000
Issued for employee savings and option plans, shares				6,700,000
Stock-based compensation expense			175,000,000
Other owner changes			0	$ 0			2,000,000
Other owner changes, shares				300,000
Net income attributable to Honeywell	$ 4,768,000,000				4,768,000,000
Dividends on common stock					(1,686,000,000)
Redemption value adjustment					(50,000,000)
Foreign exchange translation adjustment	(1,152,000,000)					(1,152,000,000)	(6,000,000)
Dividends paid							(26,000,000)
Contributions from noncontrolling interest holders							0
Pensions and other postretirement benefit adjustments	84,000,000					84,000,000
Changes in fair value of available for sale investments	0					0
Changes in fair value of effective cash flow hedges	(8,000,000)					(8,000,000)
Acquisitions							3,000,000
AdvanSix spin-off					0
Interest sold (bought)							0
Net income attributable to the noncontrolling interest	79,000,000						35,000,000
Balance at, end of period at Dec. 31, 2015	$ 18,418,000,000	$ 958,000,000	5,377,000,000	$ (11,664,000,000)	26,147,000,000	(2,535,000,000)	135,000,000
Treasury Stock, Shares, Ending Balance at Dec. 31, 2015				(187,200,000)
Common Stock Shares Issued		957,600,000
Common stock, shares	770,400,000
Reacquired stock or repurchases of common stock	$ (2,079,000,000)			$ (2,079,000,000)
Reacquired stock or repurchases of common stock, shares	(19,300,000)			(19,300,000)
Issued for employee savings and option plans			183,000,000	$ 377,000,000
Issued for employee savings and option plans, shares				9,700,000
Stock-based compensation expense			171,000,000
Other owner changes			50,000,000	$ 0			30,000,000
Other owner changes, shares				0
Net income attributable to Honeywell	$ 4,809,000,000				4,809,000,000
Dividends on common stock					(1,883,000,000)
Redemption value adjustment					(1,000,000)
Foreign exchange translation adjustment	(52,000,000)					(52,000,000)	(8,000,000)
Dividends paid							(17,000,000)
Contributions from noncontrolling interest holders							0
Pensions and other postretirement benefit adjustments	(235,000,000)					(235,000,000)
Changes in fair value of available for sale investments	0					0
Changes in fair value of effective cash flow hedges	108,000,000					108,000,000
Acquisitions							1,000,000
AdvanSix spin-off					(362,000,000)
Interest sold (bought)							0
Net income attributable to the noncontrolling interest	37,000,000						37,000,000
Balance at, end of period at Dec. 31, 2016	$ 19,547,000,000	$ 958,000,000	$ 5,781,000,000	$ (13,366,000,000)	$ 28,710,000,000	$ (2,714,000,000)	$ 178,000,000
Treasury Stock, Shares, Ending Balance at Dec. 31, 2016				(196,800,000)
Common Stock Shares Issued		957,600,000
Common stock, shares	760,800,000

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2016
Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1 . Summary of Significant Accounting Policies Accounting Principles —The financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States of America . The following is a description of Honeywell’s significant accounting policies. Principles of Consolidation —The consolidated financial statements include the accounts of Honeywell International Inc. and all of its subsidiaries and entities in which a controlling interest is m aintained. Our consolidation policy requires equity investments that we exercise significant influence over but do not control the investee and are not the primary beneficiary of the investee’s activities to be accounted for using the equity method. Inves tments through which we are not able to exercise significant influence over the investee and which we do not have readily determinable fair values are accounted for under the cost method. All intercompany transactions and balances are eliminated in consol idation. Redeemable noncontrolling interest is considered to be temporary equity and is therefore reported outside of pe rmanent equity on the Consolidated Balance Sheet at the greater of the initial carrying amount adjusted for the noncontrolling interest' s share of net income (loss) or its redemption value. Property, Plant and Equipment —Property, plant and equipment are recorded at cost, including any asset retirement obligations, less accumulated depreciation. For financial reporting, the straight-line me thod of depreciation is used over the estimated useful lives of 10 to 50 years for buildings and improvements and 2 to 16 years for machinery and equipment. Recognition of the fair value of obligations associated with the retirement of tangible long-lived assets is required when there is a legal obligation to incur such costs. Upon initial recognition of a liability, the cost is capitalized as part of the related long-lived asset and depreciated over the corresponding asset’s useful life. Goodwill and Indef inite-Lived Intangible Assets —Goodwill and indefinite - lived intangible assets are subject to impairment tes ting annually as of March 31, and whenever events or changes in circumstances indicate that the carrying amount may not be fully recoverable. This tes ting compares carrying values to fair values and, when appropriate, the carrying value of these assets is reduced to fair value. We completed our annual goodwill impairment test as of March 31, 2016 and determined that there was no impairm ent as of that date. Other Intangible Assets with Determinable Lives —Other intangible assets with determinable lives consist of customer lists, technology, patents and trademarks and other intangibles and are amortized over their estimated useful lives, ranging from 2 t o 24 years. Sales Recognition —Product and service sales are recognized when persuasive evidence of an arrangement exists, product delivery has occurred or services have been rendered, pricing is fixed or determinable, and collection is reasonably assured. Service sales, principally representing repair, maintenance an d engineering activities are recognized over the contractual period or as services are rendered. Sales under long- term contracts are recorded on a percentage-of-completion method measured on the cost-to-cost basis for engineering-type contracts and the units-of-delivery basis for production-type contracts. Provisions for anticipated losses on long-term contracts are recorded in full when such losses become evident. Revenues from contracts with mu ltiple element arrangements are recognized as each element is earned based on the relative fair value of each element provided the delivered elements have value to customers on a standalone basis. Amounts allocated to each element are based on its objectiv ely determined fair value, such as the sales price for the product or service when it is sold separately or competitor prices for similar products or services. Environmental — We accrue costs related to environmental matters when it is probable that we have incurred a liability related to a contaminated site and the amount can be reasonably estimated. For additional information, see Note 19 Commitments and Contingencies . Asbestos Related Contingencies and Insurance Recoveries —We recognize a liability for a ny asbestos related contingency that is probable of occurrence and reasonably estimable. In connection with the recognition of liabilities for asbestos related matters, we record asbestos related insurance recoveries that are deemed probable. For additiona l information, see Note 19 Commitments and Contingencies . Aerospace Sales Incentives —We provide sales incentives to commercial aircraft manufacturers and airlines in connection with their selection of our aircraft equipment, predominately wheel and brak ing system hardware , avionics, and auxiliary power units, for installation on commercial aircraf t. These incentives consist of free or deeply discounted products, credits for future purchases of product and upfront cash payments . T hese costs are recognized in the period incurred as cost of products sold or as a reduction to sales, as appropriate. Research and Development —Research and development costs for company-sponsored research and development projects are expensed as incurred. Such cos ts are principall y included in cost of p roducts s old and were $ 2,143 million , $ 1,856 million and $ 1,892 million in 2016 , 2015 and 2014 . Stock-Based Compensation Plans —The principal awards issued under our stock-based compensation plans, which are described in Note 18 Stock-Based Compensation Plans, are non-qualified stock options a nd restricted stock units . The cost for such awards is measured at the grant date based on the fair value of the award. The value of the portion of the award that is u ltimately expected to vest is recognized as expense over the requisite service periods (generally the vesting period of the equity award) and is included in selling, general and administrative expense s . Forfeitures are estimated at the time o f grant to rec ognize expense for those award s that are expected to vest and are based on our historical forfeiture rates . Pension Benefits — We recognize net actuarial gains or losses in excess of 10 % of t he greater of the fair value of plan assets or the plans’ projected benefit obligation (the corridor) annually in the fourth quarter each year (MTM Adjustment) , and, if applicable, in any quarter in which an interim remeasurement is triggered . The remaining components of pensi on (income) expense, primarily service and interest costs and assumed return on plan assets, are recognized on a quarterly basis ( Pension ongoing (income) expense ). Foreign Currency Translation — Assets and liabilities of subsidiaries operating outside the United States with a functional currency other than U.S. D ollars are translated into U.S. D ollars using year-end exchange rates. Sales, costs and expenses are translated at the average exchange rates in effect during the year. Foreign currency translation gains and losses are included as a component of ac cumulated other comprehensive i ncome ( l os s). For subsidiaries operating in highly inflationary environments, inventories and property, plant and equipment, including related expenses, are remeasured at the exchange rate in effect on the date the assets were acquired, while monetary assets and lia bilities are remeasured at year-end exchange rates. Remeasurement adjustments for these subsidiaries are included in earnings. Derivative Financial Instruments — We minimize our risks from interest and foreign currency exchange rate fluctuations through our normal operating and financing activities and, when deemed appropriate through the use of derivative financial instruments. Derivative financial instruments are used to manage risk and are not used for trading or other speculative purposes and we do not u se leveraged derivative financial instruments. Derivative financial instruments that qualify for hedge accounting must be designated and effective as a hedge of the identified risk exposure at the inception of the contract. Accordingly, changes in fair val ue of the derivative contract must be highly correlated with changes in fair value of the underlying hedged item at inception of the hedge and over the life of the hedge contract. All derivatives are recorded on the balance sheet as assets or liabilities a nd measured at fair value. For derivatives designated as hedges of the fair value of assets or liabilities, the changes in fair values of both the derivatives and the hedged items are recorded in current earnings. For derivatives designated as cash flow he dges, the effective portion of the changes in fair value of t he derivatives are recorded in a ccumulated other c omprehensive i ncome ( l oss) and subsequently recognized in earnings when the hedged items impact earnings. Cash flows of such derivative financial instruments are classified consistent with the underlying hedged item. Income Taxes — S ignificant judgment is required in evaluating tax positions. We establish additional reserves for income taxes when, despite the belief that tax positions are fully sup portable, there remain certain positions that do not meet the minimum recognition threshold. The approach for evaluating certain and uncertain tax positions is defined by the authoritative guidance which determines when a tax position is more likely than n ot to be sustained upon examination by the applicable taxing authority. In the normal course of business, the Company and its subsid iaries are examined by various federal, s tate and foreign tax authorities. We regularly assess the potential outcomes of the se examinations and any future examinations for the current or prior years in determining the adequacy of our provision for income taxes. We continually assess the likelihood and amount of potential adjustments and adjust the income tax provision, the curr ent tax liability and deferred taxes in the period in which the facts that give rise to a change in estimate become known. Cash and cash equivalents — Cash and cash equivalents include cash on hand and highly liquid investments having an original maturity of three months or less. Earnings Per Share —Basic earnings per share is based on the weighted average number of common shares outstanding. Diluted earnings per share is based on the weighted average number of common shares outstanding and all dilutive pot ential common shares outstanding. Reclassifications —Certain prior year amounts have been reclassified to conform to the current year presentation. Recent Accounting Pronouncements — We consider the applicability and impact of all Accounting Standards Updates (ASUs). ASU s not listed below were assessed and determined to be either not applicable or are expected to have minimal impact on our c on solidated r esults of o perations , financial position and cash flows (consolidated financial statements) . In May 2014, th e FASB issued guidance on revenue from contracts with customers that 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 expects 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 provisio ns include capitalization of certain contract costs, consideration of 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 a lso 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 the 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. We are still finalizing the analysis to quantify the adoption impact of the provisions of the new standard, but we do not currently expect it to have a material impact on our consolidated financial position or results of operations. Based on the evaluation of our current contracts and revenue streams, most will be recorded consistently under both the current and new standard. The FASB has issued, and may issue i n the future, interpretive guidance which may cause our evaluation to change. We believe we are following an appropriate timeline to allow for proper recognition, presentation and disclosure upon adoption effectiv e the beginning of fiscal year 2018. In Fe bruary 2016, the FASB issued guidance on accounting for leases which requires lessees to recognize most leases on their 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 that will be effective for interim and annual periods beginning after December 15, 2018. Early adoption is permitted. The guidance requires the use of a modified retrospective approach. We are curre ntly evaluating the impact of the guidance on our consolidated financial position, results of operations, and related notes to financial statements. In March 2016, the FASB issued amended guidance related to the employee share-based payment accounting. Th e guidance requires all income tax effect of awards to be recognized in the income statement, which were previously presented as a component of Total shareowners’ equity, on a prospective basis. The guidance also requires presentation of excess tax benefit s 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 quarter ended September 30, 2016, which requires adoption effective as of the beginning of the fiscal year. Th e adoption resulted in a diluted earnings per share benefit of $ 0.14 and the recognition of excess tax benefits as a reduction in the provision for income taxes of $ 127 million for the year ended December 31, 2016. Refer to Note 24 Unaudited Quarterly F inancial Information for the earnings per share for the first and second quarters of 2016 , recast to reflect the impact from adoption. Cash paid by the Company when directly withholding shares for tax-withholding 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 maintain 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 prospective basis as of January 1, 2016. In August 20 16, 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 extinguishment costs, the settlement of contingent liabilities a rising 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 December 15, 2017, and early adoption is permitted. Th e guidance requires application on a retrospective basis. The Company is currently evaluating the impact of this guidance. In October 2016, the FASB issued an accounting standard update which requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Under current GAAP, recognition of the income tax consequences for asset transfers other than inventory could not be recognized until the asset was sold to a third party. T he guidance is intended to reduce diversity in practice related to the tax consequences of certain types of intra-entity asset transfers, particularly those involving intellectual property. The guidance is effective for interim and annual periods beginning after December 15, 2017, and early adoption is permitted. The guidance requires application on a modified retrospective basis. We are currently evaluating the impact of this accounting standard update on our consolidated financial statements .

ACQUISITIONS AND DIVESTITURES

ACQUISITIONS AND DIVESTITURES	12 Months Ended
	Dec. 31, 2016
Acquisitions [Abstract]
Acquisitions	Note 2 . Acquisitions and Divestitures During 2016 and 2015 , w e acquired businesses for an aggregate cost (net of c ash and debt assumed ) of $ 2,538 million and $ 5,244 million. In August 2016, the Company acquired Intelligrated , a leading provider of supply chain and warehouse automation technologies, for an aggregate value, net of cash acquired, of $ 1,48 8 million. Intelligrated is part of Safety and Productivity Solutions. The preliminary determination of the assets and liabilities acqui red with Intelligrated have been included in the Consolidated Balance Sheet as of December 31, 2016, including $ 1,129 million allocated to goodwill, which is non-deductible for tax purposes. In April 2016, the Company completed the acquisition of Xtrali s International Holdings Limited (Xtralis), a leading global provider of aspiration smoke detection and perimeter security technologies , for an aggregate cost, net of cash acquired and debt assumed, of $ 515 million. Xtralis is part of Home and Building Tec hnologies. In February 2016 , the Company acquired 100 percent of the issued and outstanding shares of COM DEV International (COM DEV), a leading satellite and space components provider , for an aggregate value, net of cash acquired and debt assumed, of $ 34 7 million . COM DEV is part of Aerospace and had reported 2015 fiscal year revenues of $ 159 million. I n January 2016, the Company acquired the remaining 30 percent noncontrolling interest in UOP Russell LLC , which develops technology and manufactures modular equipment to process natural gas , for $ 240 million. UOP Russell LLC is part of Performance Materials and Technologies. In December 2015, the Company completed the acquisition of the Elster Division of Melrose Industries plc (Elster), for an aggreg ate value, net of cash acquired, of $ 4 ,899 millio n . Elster had 2015 revenues of $ 1,670 million and has been integrated into Home and Building Technologies and Performance Materials and Technologies. The following table summarizes the final fair value of the acquired Elst er assets and liabilities . Current assets $519 Intangible assets 2,163 Other noncurrent assets 193 Current liabilities (566) Noncurrent liabilities (973) Net assets acquired 1,336 Noncontrolling interest (2) Goodwill 3,565 Purchase Price $4,899 The Elster identifiable intangible assets primarily include customer relationships, trade names and technology t hat are being amortized over their estimated lives rang ing from 1 to 20 years using straight line and accelerated amortization methods. The goodwill is non-deductible for tax purposes. As of December 31, 2016, the purchase accounting for Intelligrated, Xtralis and COM DEV is subject to final adjustment, primarily for the valuation of amounts allocated to intangible assets and goodwill, dete rmination of useful lives for definite-lived intangible assets, tax balances and for any pre-acquisition contingencies. Goodwill arising from these acquisitions is non-deductible for tax purposes. The results of operations from date of acquisition throug h December 31, 2016 are included in the Consolidated Statement of Operations. 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, public ly-traded company (named AdvanSix Inc. or AdvanSix ) to Honeywell shareowners. T he assets and liabilities associated with AdvanSix have been removed from the Company’s Consolidated Balance Sheet. The results of operations for AdvanSix are included in the Consoli dated Statement of Operations through the effective date of the spin-off. 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 $ 2 69 million to the Company. At the same time, AdvanSix also incurred $ 38 million of borrowings in order to fund its post spin-off wor king capital. The 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 , the Company completed the sale of Honeywell Technology Solutions Inc. for a sale price of $ 300 million. The Company recognized a pre-tax gain of $ 176 milli on , which was recorded in Other (income) expense . The Honeywell Technology Solutions Inc. business was part of Aerospace.

REPOSITIONING AND OTHER CHARGES

REPOSITIONING AND OTHER CHARGES	12 Months Ended
	Dec. 31, 2016
Repositioning And Other Charges [Abstract]
Repositioning and Other Charges	Note 3 . Repositioning and Other Charges A summary of repositioning and other charges follows: Years Ended December 31, 2016 2015 2014 Severance $ 283 $ 197 $ 156 Asset impairments 43 13 12 Exit costs 43 6 16 Reserve adjustments (109) (53) (38) Total net repositioning charge 260 163 146 Asbestos related litigation charges, net of insurance 222 189 182 Probable and reasonably estimable environmental liabilities 195 194 268 Other 18 - 2 Total net repositioning and other charges $ 695 $ 546 $ 598 The following table summarizes the pretax distribution of total net repositioning and other charges by income statement classification: Years Ended December 31, 2016 2015 2014 Cost of products and services sold $ 522 $ 483 $ 525 Selling, general and administrative expenses 126 63 73 Other (income) expense 47 - - $ 695 $ 546 $ 598 The following table summarizes the pretax impact of total net repositioning and other charges by segment: Years Ended December 31, 2016 2015 2014 Aerospace $ 298 $ 211 $ 193 Home and Building Technologies 35 43 52 Performance Materials and Technologies 94 40 33 Safety and Productivity Solutions 1 34 28 Corporate 267 218 292 $ 695 $ 546 $ 598 In 2016 , we recognized repositioning charges totaling $ 369 million including severance costs of $ 283 million related to workforce reductions of 6,585 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 reporting segment into two ne w reporting segments; factory transitions in each of our reportable operating segments to more cost-effective locations; and achieving acquisition-related synergies. The repositioning charge included asset impairments of $43 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 included exit costs of $43 million principally for expenses related to the spin-off of our AdvanSix busin ess and closure obligations associated with factory transitions. Also, $109 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 lower required severance payments, lower than expected severance costs in certain repositioning actions, and changes in scope of previously announced repositioning actions. In 2015 , we recognized repositioning charges totaling $ 216 million including severance costs of $ 197 million related to workforce reductions of 6,405 manufacturing and administrative positions across our segments. The workforce reductions were primarily related to cost savings actions taken i n connection with our productivity and ongoing functional transformation initiatives. Also , $ 53 million of previously established accruals, primarily for severance, were returned to income due principally to higher attrition than anticipated in prior sev erance programs resulting in lower required severance payments, and changes in scope of previously announced repositioning actions. In 2014 , we recognized repositioning charges totaling $ 184 million including severance costs of $ 156 million related to workforce reductions of 2,975 manufacturing and administrative positions across our segments. The workforce reductions were primarily related to cost savings actions taken in connection with our productivity and on going functional transformation initiatives; factory transitions in Home and Building Technologies , Safety and Productivity Solutions and Aerospace to more cost-effective locations; and site consolidations and organizational realignments of businesses in H ome and Building Technologies , Safety and Productivity Solutions and Performance Materials and Technologies. Also, $38 million of previously established accruals, primarily for severance, were returned to income due principally to the change in scope of a previously announced repositioning action and higher attrition than anticipated in prior severance programs resulting in lower required severance payments. The following table summarizes the status of our total repositioning reserves: Severance Asset Exit Costs Impairments Costs Total Balance at December 31, 2013 $ 302 $ - $ 45 $ 347 2014 charges 156 12 16 184 2014 usage - cash (135) - (26) (161) 2014 usage - noncash - (12) - (12) Adjustments (33) - (5) (38) Foreign currency translation (5) - - (5) Balance at December 31, 2014 285 - 30 315 2015 charges 197 13 6 216 2015 usage - cash (109) - (9) (118) 2015 usage - noncash - (13) - (13) Acquisitions 16 - - 16 Adjustments (49) - (4) (53) Foreign currency translation (11) - (2) (13) Balance at December 31, 2015 329 - 21 350 2016 charges 283 43 43 369 2016 usage - cash (203) - (25) (228) 2016 usage - noncash (6) (43) - (49) Adjustments (106) - (3) (109) Foreign currency translation 1 - (3) (2) Balance at December 31, 2016 $ 298 $ - $ 33 $ 331 Certain repositioning projects in each of our reportable operating segments in 2016 , 2015 and 2014 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 were not significant.

OTHER (INCOME) EXPENSE

OTHER (INCOME) EXPENSE	12 Months Ended
	Dec. 31, 2016
Other Income Expense [Abstract]
Other (income) expense Text Block	Note 4. Other ( I ncome) E xpense Years Ended December 31, 2016 2015 2014 Equity (income) loss of affiliated companies $ (31) $ (30) $ (36) Gain on sale of available for sale investments - - (221) (Gain) Loss on sale of non-strategic businesses and assets (178) 1 11 Interest income (106) (104) (102) Foreign exchange 12 43 34 Other, net 201 22 9 $ (102) $ (68) $ (305) Refer to Note 2 Acquisitions and Divestitures and Note 12 Long-term Debt and Credit Agreements for further details of transactions recognized in 2016 within Other (income) expense.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2016
Income Taxes [Abstract]
Income Taxes	Note 5. Income Taxes Income from continuing operations before taxes Years Ended December 31, 2016 2015 2014 U.S. $ 2,976 $ 3,361 $ 3,340 Non-U.S. 3,471 3,225 2,478 $ 6,447 $ 6,586 $ 5,818 Tax expense (benefit) Years Ended December 31, 2016 2015 2014 Tax expense (benefit) consists of Current: U.S. Federal $ 869 $ 786 $ 746 U.S. State 97 78 39 Non-U.S. 559 560 572 $ 1,525 $ 1,424 $ 1,357 Deferred: U.S. Federal $ 38 $ 196 $ 114 U.S. State 17 49 63 Non-U.S. 21 70 (45) 76 315 132 $ 1,601 $ 1,739 $ 1,489 Years Ended December 31, 2016 2015 2014 The U.S. federal statutory income tax rate is reconciled to our effective income tax rate as follows: U.S. federal statutory income tax rate 35.0 % 35.0 % 35.0 % Taxes on non-U.S. earnings below U.S. tax rate (1) (8.0) (8.0) (7.0) U.S. state income taxes (1) 1.1 1.2 1.2 Manufacturing incentives (0.7) (1.5) (1.0) Employee stock ownership plan dividend tax benefit (0.5) (0.4) (0.4) Tax credits (0.7) (1.0) (1.0) Reserves for tax contingencies 1.2 0.7 (0.2) Employee share-based payments (2.0) - - All other items—net (0.6) 0.4 (1.0) 24.8 % 26.4 % 25.6 % (1) Net of changes in valuation allowance The effective tax rate decreased by 1.6 percentage points in 2016 compared to 2015 . The decrease was primarily attributable to excess tax benefits from employee share-based payments arising from adoption of the FASB’s amended guidance related to employee share-based payment accounting, partially offset by increased tax reserves in various jurisdictions and lower tax benefits from manufacturing incentives. The Company’s non-U.S. effective tax rate was 16.7 % , a decrease of approximately 2.8 percentage points compared to 2015 . The year-over-year decrease in the non-U.S. effective tax rate was primarily driven by higher earnings in lower tax rate jurisdictions and a decrease in the tax impact of restructuring and divestitu res. The effective tax rate was lower than the U.S. federal statutory rate of 35% primarily due to overall non-U.S. earnings taxed at lower rates. The effective ta x rate increased by 0.8 percentage points in 2015 compared to 2014 . The increase was primarily attributable to decreased tax benefits from the resolution of tax audits, partially offset by increased tax benefits from manufacturing incentives, the impact of more income in jurisdictions with lower tax rates and fewer reserves. The Company’s non-U.S. effective tax rate for 2015 was 19.5 %, a decrease of approximately 1.8 percentage points compared to 2014 . The year-over-year decrease in the non-U.S. effective tax rate was primarily attributable to higher earnings in lower tax rate jurisdictions coupled with lower expense related to reserves in various jurisdictions, partially offset by an increase from the tax impact of restructuring and dispositions. The effective tax rate was lower than the U.S. federal statutory rate of 35% primarily due to overall non-U.S. earnings taxed at lower rates. Deferred tax assets (liabilities) The tax effects of temporary differences and tax carryforwards which give rise to future income tax benefits and payables are as follows: December 31, Deferred tax assets: 2016 2015 Pension $ 411 $ 500 Postretirement benefits other than pensions 262 292 Asbestos and environmental 471 473 Employee compensation and benefits 418 387 Other accruals and reserves 765 626 Net operating and capital losses 669 620 Tax credit carryforwards 206 198 Gross deferred tax assets 3,202 3,096 Valuation allowance (621) (589) Total deferred tax assets $ 2,581 $ 2,507 Deferred tax liabilities: Property, plant and equipment $ (560) $ (661) Intangibles (1,843) (1,797) Other asset basis differences (274) (293) Other (43) (31) Total deferred tax liabilities (2,720) (2,782) Net deferred tax liability $ (139) $ (275) The change in deferred tax balance was primarily attributable to deferred tax liabilities transferred in connection with the AdvanSix spin-off. Our gross deferred tax assets include $ 1,034 million related to non-U.S. operations comprised principally of net operating loss es , capital loss and tax credit carryforwards (mainly in Canada, France, Germany, Luxembourg and the United Kingdom ) and deductible temporary differences. We maintain a valuation allowance of $ 619 million against a portion of the non-U.S. gross deferred tax assets. The change in the valuation allowance resulted in an increase of $ 69 million , increase of $ 114 million and decrease of $ 10 million to income tax expense in 2016 , 2015 and 2014 . In the event we determine that we will n ot be able to realize our net deferred tax assets in the future, we will reduce such amounts through an increase to income tax expense in the period such determination is made. Conversely, if we determine that we will be able to realize net deferred tax as sets in excess of the carrying amounts, we will decrease the recorded valuation allowance through a reduction to income tax expense in the period that such determination is made. As of December 31, 2016 , our net operating loss, capital loss and tax cre dit carryforwards were as follows: Net Operating Expiration and Capital Loss Tax Credit Jurisdiction Period Carryforwards Carryforwards U.S. Federal 2036 $ 25 $ 55 U.S. State 2036 720 26 Non-U.S. 2035 651 137 Non-U.S. Indefinite 2,186 - $ 3,582 $ 218 Many jurisdictions impose limitations on the timing and utilization of net operating loss and tax credit carryforwards. In those instances whereby there is an expected permanent limitation on the utilization of the net operating loss or tax credit carryforward the deferred tax asset and amount of the carryforward have been reduced. U.S. f ederal income taxes have not been provided on undistributed earnings of the vast majority of our international subsidiaries as it is our intention to reinvest these earnings into the respective subsidiaries. At December 31, 2016 Honeywell has not provided for U.S. federal income and non-U.S. withholding taxes on approximately $ 18.3 billion of such earnings of our non-U.S. operations. It is not practicable to estimate the amoun t of tax that might be payable if some or all of such earnings were to be repatriated, and the amount of foreign tax credits that would be available to reduce or eliminate the resulting U.S. income tax liability. 2016 2015 2014 Change in unrecognized tax benefits: Balance at beginning of year $ 765 $ 659 $ 729 Gross increases related to current period tax positions 96 56 65 Gross increases related to prior periods tax positions 88 175 204 Gross decreases related to prior periods tax positions (33) (72) (277) Decrease related to resolutions of audits with tax authorities (3) (11) (32) Expiration of the statute of limitations for the assessment of taxes (10) (13) (10) Foreign currency translation (26) (29) (20) Balance at end of year $ 877 $ 765 $ 659 As of December 31, 2016 , 2015 , and 2014 there were $ 877 million, $ 765 million and $ 659 million of unrecognized tax benefits that if recognized would be recorded as a component of income tax expense. The following table summarizes tax years that remain subject to examination by major tax jurisdictions as of December 31, 2016 : Open Tax Years Based on Originally Filed Returns Jurisdiction Examination in Examination not yet progress initiated U.S. Federal 2010 - 2012, 2014 2013 - 2016 U.S. State 2008 - 2014 2011 - 2016 Australia 2009 - 2015 2016 Canada (1) 2010 - 2014 2015 - 2016 China 2003 - 2014 2015 - 2016 France 2012 - 2014 2005 - 2011, 2015 - 2016 Germany (1) 2008 - 2012 2013 - 2016 India 1999 - 2014 2015 - 2016 Switzerland (1) 2013 - 2014 2015 - 2016 United Kingdom 2013 2014 - 2016 (1) Includes provincial or similar local jurisdictions, as applicable. Based on the outcome of these examinations, or as a result of the expiration of statute of limitations for specific jurisdictions, it is reasonably possible that certain unrecognized tax benefits for tax positions taken on previously filed tax returns will materially change from those recorded as liabilities in our financial statements. In addition, the outcome of these examinations may impact the valuation of certain deferred tax assets (such as net operating losses) in future periods. Unrecognized t ax benefits for examinations in progress were $ 398 million , $ 349 million and $ 4 03 million, as of December 31, 2016 , 2015 , and 2014 . Estimated interest and penalties related to the underpayment of income taxes are classified as a component of Tax Expense in th e Consolidated Statement of Operations and totaled $ 1 8 million , $ 11 million and $ 24 million for the years ended December 31, 2016 , 2015 , and 2014 . Accrued interest and penalties were $ 3 95 million , $ 336 million and $ 325 million, as of December 31, 2016 , 2015 , and 2014 .

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Note 6 . Earnings Per Share The details of the earnings per share calculations for the years ended December 31, 2016 , 2015 and 2014 are as follows: Years Ended December 31, Basic 2016 2015 2014 Net income attributable to Honeywell $ 4,809 $ 4,768 $ 4,239 Weighted average shares outstanding 764.3 779.8 784.4 Earnings per share of common stock $ 6.29 $ 6.11 $ 5.40 Years Ended December 31, Assuming Dilution 2016 2015 2014 Net income attributable to Honeywell $ 4,809 $ 4,768 $ 4,239 Average Shares Weighted average shares outstanding 764.3 779.8 784.4 Dilutive securities issuable - stock plans 11.0 9.5 10.8 Total weighted average diluted shares outstanding 775.3 789.3 795.2 Earnings per share of common stock - assuming dilution $ 6.20 $ 6.04 $ 5.33 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. In 2016 , 2015 , and 2014 the weighted number of stock options excluded from t he computations were 7.5 million, 7.1 million, and 4.7 million . These stock options were outstanding at the end of each of the respective periods.

ACCOUNTS, NOTES AND OTHER RECEI

ACCOUNTS, NOTES AND OTHER RECEIVABLES	12 Months Ended
	Dec. 31, 2016
Accounts, Notes And Other Receivables [Abstract]
Accounts, Notes and Other Receivables	Note 7. Accounts, Notes and Other Receivables December 31, 2016 2015 Trade $ 8,449 $ 7,901 Other 674 436 9,123 8,337 Less - Allowance for doubtful accounts (305) (262) $ 8,818 $ 8,075 Trade Receivables includes $ 1,626 million and $ 1,590 million of unbilled balances under long-term contracts as of December 31, 2016 and December 31, 2015 . These amounts are billed in accordance with the terms of customer contracts to which they relate.

INVENTORIES

INVENTORIES	12 Months Ended
	Dec. 31, 2016
Inventories [Abstract]
Inventories	Note 8. Inventories December 31, 2016 2015 Raw materials $ 1,104 $ 1,120 Work in process 775 826 Finished products 2,552 2,590 4,431 4,536 Reduction to LIFO cost basis (65) (116) $ 4,366 $ 4,420 Inventories valued at LIFO amounted to $ 296 million and $ 3 99 million at December 31, 2016 and 2015 . Had such LIFO inventories been valued at current costs, their carrying values would have been app roximately $65 million and $116 million higher at December 31, 2016 and 2015 .

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Dec. 31, 2016
Property Plant And Equipment [Abstract]
Property, Plant and Equipment	Note 9. Property, Plant and Equipme nt - Net December 31, 2016 2015 Land and improvements $ 363 $ 367 Machinery and equipment 9,956 10,505 Buildings and improvements 3,248 3,188 Construction in progress 940 848 14,507 14,908 Less—Accumulated depreciation (8,714) (9,119) $ 5,793 $ 5,789 Depreciation expense was $ 726 million , $ 672 million and $ 667 million in 2016 , 2015 and 2014 .

GOODWILL AND OTHER INTANGIBLES-

GOODWILL AND OTHER INTANGIBLES-NET	12 Months Ended
	Dec. 31, 2016
Goodwill And Other Intangible Assets Net [Abstract]
Goodwill and Other Intangible Assets, Net	Note 10 . Goodwill and Other Intangible Assets - Net The change in the carrying amount of goodwill for the years ended December 31, 2016 and 2015 by segment is as follows: Currency December 31, Acquisitions/ Translation December 31, 2015 Divestitures Adjustment 2016 Aerospace $ 2,296 $ 169 $ (24) $ 2,441 Home and Building Technologies 6,438 820 (156) 7,102 Performance Materials and Technologies 3,771 (110) (32) 3,629 Safety and Productivity Solutions 3,390 1,182 (37) 4,535 $ 15,895 $ 2,061 $ (249) $ 17,707 Other intangible assets are comprised of: December 31, 2016 December 31, 2015 Gross Net Gross Net Carrying Accumulated Carrying Carrying Accumulated Carrying Amount Amortization Amount Amount Amortization Amount Determinable life intangibles: Patents and technology $ 1,841 $ (1,141) $ 700 $ 1,688 $ (1,061) $ 627 Customer relationships 3,816 (1,098) 2,718 3,558 (942) 2,616 Trademarks 284 (156) 128 230 (131) 99 Other 359 (284) 75 323 (264) 59 6,300 (2,679) 3,621 5,799 (2,398) 3,401 Indefinite life intangibles: Trademarks 1,013 - 1,013 1,176 - 1,176 $ 7,313 $ (2,679) $ 4,634 $ 6,975 $ (2,398) $ 4,577 Intangible assets amortization expense was $ 304 million , $ 211 million , and $ 257 million in 2016 , 2015 , 2014 . Estimated intangible asset amortization expense for each of the next five years approximates $ 394 million in 201 7 , $ 400 million in 201 8 , $ 396 million in 201 9 , $ 353 million in 20 20 , and $ 300 million in 202 1 .

ACCRUED LIABILITIES

ACCRUED LIABILITIES	12 Months Ended
	Dec. 31, 2016
Accrued Liabilities Current [Abstract]
Accrued Liabilities	Note 11. Accrued Liabilities December 31, 2016 2015 Customer advances and deferred income $ 2,151 $ 1,863 Compensation, benefit and other employee related 1,489 1,460 Asbestos related liabilities 546 292 Repositioning 322 335 Product warranties and performance guarantees 351 355 Environmental costs 252 253 Income taxes 430 201 Accrued interest 97 97 Other taxes 290 266 Insurance 172 205 Other (primarily operating expenses) 948 950 $ 7,048 $ 6,277

LONG-TERM DEBT AND CREDIT AGREE

LONG-TERM DEBT AND CREDIT AGREEMENTS	12 Months Ended
	Dec. 31, 2016
Long Term Debt And Credit Agreements [Abstract]
Long-term Debt and Credit Agreements	Note 12. Long -term Debt and Credit Agreements December 31, 2016 2015 5.40% notes due 2016 $ - $ 400 5.30% notes due 2017 - 400 Floating rate Euro notes due 2018 1,054 - 5.30% notes due 2018 - 900 5.00% notes due 2019 - 900 1.40% notes due 2019 1,250 - Floating rate notes due 2019 250 - 0.65% Euro notes due 2020 1,054 - 4.25% notes due 2021 800 800 1.85% notes due 2021 1,500 - 1.30% Euro notes due 2023 1,317 - 3.35% notes due 2023 300 300 2.50% notes due 2026 1,500 - 2.25% Euro notes due 2028 790 - 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), 0.7%-8.2% maturing at various dates through 2023 547 384 12,409 6,131 Less: current portion (227) (577) $ 12,182 $ 5,554 The schedule of principal payments on long-term debt is as follows: December 31, 2016 2017 $ 227 2018 1,122 2019 1,550 2020 1,299 2021 2,312 Thereafter 5,899 12,409 Less-current portion (227) $ 12,182 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 H oneywell’s subordinated debt. The offering resulted in gross proceeds of $ 4,438 million, offset by $ 23 million in discount and closing costs related to the offering. In October 2016, the Company issued $1,250 million 1.40% Senior Notes due 2019, $250 mill ion Floating Rate Senior Notes due 2019, $1,500 million 1.85% Senior Notes due 2021 and $ 1,500 million 2.50% Senior Notes due 2026 (collectively, the “Notes”). The 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 of $ 4,500 million, offset by $ 2 7 million in discount and closing costs related to the offering. In the fourth quarter of 2016, the Company repurchased the entire outstanding principal amount of its $400 million 5.30 % Senior Notes due 2017, $900 million 5.30% Senior Notes due 2018 and $900 million 5.00% Senior Notes due 2019. The cost related to the early redemption, including the “make whole premium”, was $ 126 million which was recorded in Other (income) expense. 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 amended 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 Agreemen t can be increased 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 entered 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 un der the $ 3 billion 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 the Credit Agreement and the 364-Day Credit Agreement can be found in the Co mpany’s Current Report on Form 8-K, dated April 29, 2016. On August 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 fo r 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 August 5, 2016. On December 23, 2016, the Company terminated all commitments under the Second 364-day c redit agreement dated as of August 5, 2016, among the Company, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent. There have been no borrowings under any of the credit agreements previously described.

LEASE COMMITMENTS

LEASE COMMITMENTS	12 Months Ended
	Dec. 31, 2016
Lease Commitments [Abstract]
Lease Commitments	Note 13 . Lease Commitments Future minimum lease payments under operating leases having initial or remaining noncancellable lease terms in excess of one year are as follows: At December 31, 2016 2017 $ 289 2018 216 2019 158 2020 110 2021 94 Thereafter 256 $ 1,123 Rent expense was $ 38 7 million , $ 390 million and $ 420 million in 2016 , 2015 and 2014 .

FINANCIAL INSTRUMENTS AND FAIR

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES	12 Months Ended
	Dec. 31, 2016
Financial Instruments And Fair Value Measures [Abstract]
Financial Instruments and Fair Value Measures	Note 14 . Financial Instruments and Fair Value Measures Credit and Market Risk— Financial instruments, including derivatives, expose us to counterparty credit risk for nonperformance and to market risk related to changes in interest and currency exchange rates . We manage our exposure to counterparty credit risk through specific minimum credit standards, diversification of counterparties, and procedures to monitor concentrations of credit risk. Our counterparties in derivative transactions are substantial investment and commercial banks with significant experience using such derivative instruments. We monitor the impact of market risk on the fair value and cash flows of our derivative and other financial instruments considering reasonably possible changes i n interest rates and currency exchange rates and restrict the use of derivative financial instruments to hedging activities. We continually monitor the creditworthiness of our customers to which we grant credit terms in the normal course of business. The terms and conditions of our credit sales are designed to mitigate or eliminate concentrations of credit risk with any single customer. Our sales are not materially dependent on a single customer or a small group of customers. Foreign Currency Risk Managem ent— We conduct our business on a multinational basis in a wide variety of foreign currencies. Our exposure to market risk for changes in foreign currency exchange rates arises from international financing activities between subsidiaries, foreign currency d enominated monetary assets and liabilities and transactions arising from international trade. Our primary objective is to preserve the U.S. Dollar value of foreign currency denominated cash flows and earnings . We attempt to hedge currency exposures with na tural offsets to the fullest extent possible and, once these opportunities have been exhausted, through foreign currency exchange forward and option contracts (foreign currency exchange contracts) with third parties. We hedge monetary assets and liabilities denominated in non-functional currencies. Prior to conversion into U.S. dollars, these assets and liabilities are remeasured at spot exchange rates in effect on the balance sheet date. The effects of changes in spot rates are recogniz ed in earnings and included in other (income) expense. We partially hedge forecasted sales and purchases, which occur in the next twelve months and are denominated in non-functional currencies, with foreign currency exchange contracts. C hanges in the forecasted non-functional currency cash flows due to movements in exchange rates are substantially offset by changes in the fair value of the foreign currency exchange contracts designated as hedges. Market value gains and losses on these con tracts are recognized in earnings when the hedged transaction is recognized. Open foreign currency exchange contracts mature in the next twelve months. At December 31, 2016 and 2015 , we had contracts with notional amounts of $ 9,554 million and $ 10 , 538 million to exchange foreign currencies, principally the U.S. Dollar, Euro, British Pound, Canadian Dollar, Chinese Renminbi , Indian Rupee, Mexican Peso, Singapore Dollar, U.A.E. Dirham and Swiss Franc. We have also designated foreign currency debt as hedges against portions of our net investment in foreign operations during the year ended December 31, 2016 . Gains or losses on the effective portion of the foreign currency debt designated as a net inves tment hedge are recorded in the same manner as foreign currency translation adjustments. The Company did not have ineffectiveness related to net investment hedges during the year ended December 31, 2016 . Interest Rate Risk Management— We use a combinat ion of financial instruments, including long-term, medium-term and short-term financing, variable-rate commercial paper, and interest rate swaps to manage the interest rate mix of our total debt portfolio and related overall cost of borrowing. At December 31, 2016 and 2015 , i nterest rate swap agreements designated as fair value hedges effectively changed $ 1,850 million and $ 1,100 million of fixed rate debt at rate s of 3.39 % and 4. 0 0 % to LIBOR based floating rate debt. Our interest rate swaps mature at various dates through 202 6 . Fair Value of Financial Instruments — The FASB’s accounting guidance defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market part icipants at the measurement date (exit price). Financial and nonfinancial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The following table sets forth the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of December 31, 2016 and 2015 : December 31, 2016 2015 Assets: Foreign currency exchange contracts $ 152 $ 28 Available for sale investments 1,670 1,501 Interest rate swap agreements 69 92 Liabilities: Foreign currency exchange contracts $ 2 $ 17 Interest rate swap agreements 48 - The foreign currency exchange contracts and interest rate swap agreements are valued using broker quotations, or market transactions in either the listed or over-the-counter markets. As such, these derivative instruments are classified within level 2. The Company also holds investments in comme rcial paper, certificates of deposits, and time deposits that are designated as available for sale and are valued using published prices based off observable market data. As such, these investments are classified within level 2. The carrying value of ca sh and cash equivalents, trade accounts and notes receivables, 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 liab ilities that were not carried at fair value: December 31, 2016 December 31, 2015 Carrying Fair Carrying Fair Value Value Value Value Assets Long-term receivables $ 280 $ 273 $ 292 $ 283 Liabilities Long-term debt and related current maturities $ 12,409 $ 13,008 $ 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. As such, 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. As such, the fair value of the long-term debt and related current maturities is considered level 2 as well. Interest rate swap agreements are designated as hed ge relationships with gains or losses o n the derivative recognized in i nterest and other financial charges offsetting the gains and losses on the unde rlying debt being hedged. Losses on interest rate swap agreements recognized in earnings were $ 71 million and $ 2 million in the years ended December 31, 2016 and 2015 . Gains on interest rate swap agreements recognized in earnings were $ 38 million in the year ended December 31, 2014 . Gains and losses are fully offset 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 recognized in earnings offsetting the gains and losses on the non-functional currency denominated monetary assets and liabilities being hedged. We recognized $ 232 million of income in o ther (i ncome ) e xpense in the year ended December 31, 2016 . We recognize $ 86 million and $ 181 million of expense in o ther (i ncome ) e xpense in the years ended December 31, 2015 and 2014 . See Note 4 Other (Incom e) Expense for further details of the net impact of these economic foreign currency hedges.

OTHER LIABILITIES

OTHER LIABILITIES	12 Months Ended
	Dec. 31, 2016
Other Liabilities Current [Abstract]
Other Liabilities	Note 15. Other Liabilities Years Ended December 31, 2016 2015 Pension and other employee related $ 2,084 $ 2,461 Income taxes 1,041 1,009 Environmental 259 265 Insurance 253 257 Asset retirement obligations 63 65 Deferred income 81 99 Other 329 192 $ 4,110 $ 4,348

CAPITAL STOCK

CAPITAL STOCK	12 Months Ended
	Dec. 31, 2016
Capital Stock [Abstract]
Capital Stock	Note 16 . Capital Stock We are authorized to issue up to 2,000,000,000 shares of common stock, with a par value of $ 1 . Common shareowners are entitled to receive such dividends as may be declared by the Board of Directors , are entitled to one vote per share, and are entitled, in the event of liquidation, to share ratably in all the assets of Honeywell which are available for distribution to the common shareowners. Common shareowners do not have preemptive or conversion rights. Shares of common stock iss ued and outstanding or held in the treasury are not liable to further calls or assessments. There are no restrictions on us relative to dividends or the repurchase or redemption of common stock. In April 2016 , the Board of Directors authorized the repurcha se of up to $ 5 billion of Honeywell common stock and approximately $ 4.1 billion remained available as of December 31, 2016. Under the Company’s previous share repurchase plan announced in December 2013 the Board of Directors authorized the repurchase of up to $ 5 billion of Honeywell common stock and $ 2.2 billion remained available as of December 31, 2015 . We purchased approximately 19.3 million and 18.8 million shares of our common stock in 20 16 and 2015 , for $ 2,079 million and $ 1,884 million. We are autho rized to issue up to 40,000,000 shares of preferred stock, without par value, and can determine the number of shares of each series, and the rights, preferences and limitations of each series. At December 31, 2016 , there was no preferred stock outstanding.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Dec. 31, 2016
Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 17 . Accumulated Other Comprehensive Income (Loss) The changes in accumulated other comprehensive income (loss) are provided in the tables below. Comprehensive income (loss) attributable to noncontrolling interest consists predominantly of net income. Pretax Tax After Tax Year Ended December 31, 2016 Foreign exchange translation adjustment $ (52) $ - $ (52) Pensions and other postretirement benefit adjustments (336) 101 (235) Changes in fair value of effective cash flow hedges 134 (26) 108 $ (254) $ 75 $ (179) Year Ended December 31, 2015 Foreign exchange translation adjustment $ (1,152) $ - $ (1,152) Pensions and other postretirement benefit adjustments 129 (45) 84 Changes in fair value of effective cash flow hedges (11) 3 (8) $ (1,034) $ (42) $ (1,076) Year Ended December 31, 2014 Foreign exchange translation adjustment $ (1,044) $ - $ (1,044) Pensions and other postretirement benefit adjustments (1,707) 624 (1,083) Changes in fair value of available for sale investments (246) 76 (170) Changes in fair value of effective cash flow hedges 24 (4) 20 $ (2,973) $ 696 $ (2,277) Components of Accumulated Other Comprehensive Income (Loss) December 31, 2016 2015 Cumulative foreign exchange translation adjustment $ (1,944) $ (1,892) Pensions and other postretirement benefit adjustments (879) (644) Fair value of available for sale investments - - Fair value of effective cash flow hedges 109 1 $ (2,714) $ (2,535) Changes in Accumulated Other Comprehensive Income (Loss) by Component Changes in Foreign Pension Fair Value of Exchange and Other Effective Translation Postretirement Cash Flow Adjustment Adjustments Hedges Total Balance at December 31, 2014 $ (740) $ (728) $ 9 $ (1,459) Other comprehensive income (loss) before reclassifications (1,152) 23 91 (1,038) Amounts reclassified from accumulated other comprehensive income (loss) - 61 (99) (38) Net current period other comprehensive income (loss) (1,152) 84 (8) (1,076) Balance at December 31, 2015 $ (1,892) $ (644) $ 1 $ (2,535) Other comprehensive income (loss) before reclassifications (52) (388) 103 (337) Amounts reclassified from accumulated other comprehensive income - 153 5 158 Net current period other comprehensive income (loss) (52) (235) 108 (179) Balance at December 31, 2016 $ (1,944) $ (879) $ 109 $ (2,714) Reclassifications Out of Accumulated Other Comprehensive Income (Loss) Year Ended December 31, 2016 Affected Line in the Consolidated Statement of Operations Product Sales Cost of Products Sold Cost of Services Sold Selling, General and Administrative Expenses Total Amortization of Pension and Other Postretirement Items: Actuarial losses recognized $ - $ 214 $ 44 $ 46 $ 304 Prior service (credit) recognized - (87) (18) (18) (123) Settlements and curtailments - (4) (1) (1) (6) Losses (gains) on cash flow hedges 3 16 3 (5) 17 Total before tax $ 3 $ 139 $ 28 $ 22 $ 192 Tax expense (benefit) (34) Total reclassifications for the period, net of tax $ 158 Year Ended December 31, 2015 Affected Line in the Consolidated Statement of Operations Product Sales Cost of Products Sold Cost of Services Sold Selling, General and Administrative Expenses Total Amortization of Pension and Other Postretirement Items: Actuarial losses recognized $ - $ 78 $ 16 $ 17 $ 111 Prior service (credit) recognized - (14) (3) (3) (20) Settlements and curtailments - 2 - - 2 Losses (gains) on cash flow hedges (17) (73) (17) (2) (109) Total before tax $ (17) $ (7) $ (4) $ 12 $ (16) Tax expense (benefit) (22) Total reclassifications for the period, net of tax $ (38)

STOCK-BASED COMPENSATION PLANS

STOCK-BASED COMPENSATION PLANS	12 Months Ended
	Dec. 31, 2016
Stock Based Compensation Plans [Abstract]
Stock-Based Compensation Plans	Note 18 . Stock-Based Compensation Plans T he 201 6 Stock Incentive Plan of Honeywell International Inc. and its Affiliates (2016 Plan) and 2016 Stock Plan for Non-Employee Directors of Honeywell International Inc (2016 Directors Plan) were both approved by the shareowners at the Annual Meeting of Shareowners effective on April 25, 2016. Following approval of both plans, we ha ve not and will not grant any new awards under any previously existing stock-based compensation plans. At December 31, 2016, there were 46 , 365,609 , and 96 0, 609 shares of Honeywell common stock available for future grants under terms of the 2016 Plan and 2 016 Directors Plan, respectively . Stock Options — The exercise price, term and other c onditions applicable to each option granted under our stock plans are generally determined by the Management Development and Compensation Committee of the Board. The exercise price of stock options is set on the grant date and may not be less than the fair market value per share of our stock on that date. The fair value is recognized as an expense over the employee’s requisite service period (generally the vesting period of the award). Options generally vest over a four-year period and expire after ten year s. The fair value of each option award is estimated on the date of grant using the Black-Scholes option-pricing model. Expected volatility is based on implied volatilities from traded options on our common stock and historical volatility of our common sto ck. We used a Monte Carlo simulation model to derive an expected term which represents an estimate of the time options are expected to remain outstanding. Such model uses historical data to estimate option exercise activity and post-vest termination behavi or. The risk-free rate for periods within the contractual life of the option is based on the U.S. treasury yield curve in effect at the time of grant. Compensation cost on a pre-tax basis related to stock options recognized in selling, general and adminis trative expenses in 2016 , 2015 and 2014 was $ 87 million, $ 78 million and $ 85 million. The associated future income tax benefit recognized in 2016 , 2015 and 2014 was $ 29 million, $ 26 million and $ 31 million. The following table sets forth fair value per share information, including related weighted-average assumptions, used to determine compensation cost: Years Ended December 31, 2016 2015 2014 Weighted average fair value per share of options granted during the year (1) $ 15.59 $ 17.21 $ 16.35 Assumptions: Expected annual dividend yield 2.92 % 1.98 % 2.05 % Expected volatility 23.07 % 21.55 % 23.06 % Risk-free rate of return 1.29 % 1.61 % 1.48 % Expected option term (years) 4.97 4.96 4.99 (1) Estimated on date of grant using Black-Scholes option-pricing model. The following table summarizes information about stock option activity for the three years ended December 31, 2016 : Weighted Average Number of Exercise Options Price Outstanding at December 31, 2013 30,663,837 $ 53.27 Granted 5,823,706 93.95 Exercised (5,697,263) 47.47 Lapsed or canceled (1,294,668) 67.70 Outstanding at December 31, 2014 29,495,612 61.80 Granted 5,967,256 103.87 Exercised (4,190,298) 53.40 Lapsed or canceled (703,132) 84.31 Outstanding at December 31, 2015 30,569,438 70.76 Granted 6,281,053 103.51 Exercised (7,075,852) 57.41 Lapsed or canceled (1,107,339) 96.81 Outstanding at December 31, 2016 28,667,300 $ 79.57 Vested and expected to vest at December 31, 2016 (1) 27,067,969 $ 78.14 Exercisable at December 31, 2016 15,536,961 $ 63.39 (1) Represents the sum of vested options of 15.5 million and expected to vest options of 11.6 million. Expected to vest options are derived by applying the pre-vesting forfeiture rate assumption to total outstanding unvested options of 13.4 million. The following table summarizes information about stock options outstanding and exercisable at December 31, 2016 : Options Outstanding Options Exercisable Weighted Weighted Weighted Average Aggregate Average Aggregate Range of Number Average Exercise Intrinsic Number Exercise Intrinsic Exercise prices Outstanding Life (1) Price Value Exercisable Price Value $28.19-$49.99 3,235,333 2.72 $ 35.33 $ 260 3,235,333 $ 35.33 $ 260 $50.00-$64.99 6,627,010 4.16 58.12 383 6,627,010 58.12 383 $65.00-$75.00 3,565,255 6.16 69.54 165 2,420,333 69.55 112 $90.00-$99.99 4,244,518 7.16 93.42 95 1,927,354 93.42 43 $100.00-$116.28 10,995,184 8.70 103.42 137 1,326,931 103.27 17 28,667,300 6.43 79.57 $ 1,040 15,536,961 63.39 $ 815 (1) Average remaining contractual life in years. There were 17,202,377 , and 1 6 , 019 , 742 options exercisable at weighted average exercise prices of $ 55.11 and $ 4 9.40 at December 31, 2015 and 2014 . The following table summarizes the financial statement impact from stock options exercised: Years Ended December 31, Options Exercised 2016 2015 2014 Intrinsic value (1) $ 395 $ 210 $ 272 Tax benefit realized 137 73 96 (1) Represents the amount by which the stock price exceeded the exercise price of the options on the date of exercise. At December 31, 2016 there was $ 126 million of total unrecognized compensation cost related to non-vested stock option awards which is expected to be recognized over a weighted-average period of 2.29 years. The total fair value of options vested during 2016 , 2015 and 2014 was $ 76 million , $ 73 million and $ 72 million. Restricted Stock Units —Restricted stock unit (RSU) awards entitle the holder to receive one share of common stock for each unit when the units vest. RSUs are issued to certain key employees and directors as compensation at fair market value at the date of grant . RSUs typically become fully vested over periods ranging from three to seven years and are payable in Honeywell common stock upon vesting. The following table summarizes information about RSU acti vity for the three years ended December 31, 2016 : Weighted Average Number of Grant Date Restricted Fair Value Stock Units Per Share Non-vested at December 31, 2013 6,692,220 $ 60.04 Granted 1,455,209 94.88 Vested (1,787,894) 53.63 Forfeited (460,341) 63.54 Non-vested at December 31, 2014 5,899,194 70.32 Granted 1,190,406 103.04 Vested (1,681,342) 56.38 Forfeited (426,670) 77.73 Non-vested at December 31, 2015 4,981,588 82.18 Granted 1,364,469 110.49 Vested (1,486,173) 68.58 Forfeited (392,541) 88.88 Non-vested at December 31, 2016 4,467,343 $ 94.17 As of December 31 , 2016 , there was approximately $ 193 million of total unrecognized compensation cost related to non-vested RSUs granted under our stock plans which is expected to be recognized over a weighted-average period of 3 . 57 years . The following table summarizes information about income statement impact from RSUs for the three years ended December 31, 2016 : Years Ended December 31, 2016 2015 2014 Compensation expense $ 97 $ 97 $ 102 Future income tax benefit recognized 30 29 37

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2016
Commitments And Contingencies [Abstract]
Commitments and Contingencies	Note 19 . Commitments and Contingencies Environmental Matters We are subject to various federal, state, local and foreign government requirements relating to the protection of the environment. We believe that, as a general matter, our policies, practices and procedures are properly designed to prevent unreasonable risk of environmental damage and personal injury and that our handling, manufacture, use and disposal of hazardous substances are in accordance with environmental and safety laws and re gulations. However, mainly because of past operations and operations of predecessor companies, we, like other companies engaged in similar businesses, have incurred remedial response and voluntary cleanup costs for site contamination and are a party to law suits and claims associated with environmental and safety matters, including past production of products containing hazardous substances. Additional lawsuits, claims an d costs involving environmental matters are likely to continue to arise in the future. With respect to environmental matters involving site contamination, we continually conduct studies, individually or jointly with other potentially responsible parties, to determine the feasibility of various remedial techniques. It is our policy to record appropriate liabilities for environmental matters when remedial efforts or damage claim payments are probable and the costs can be reasonably estimated. Such liabilities are based on our best estimate of the undiscounted future costs required to complete t he remedial work. The recorded liabilities are adjusted periodically as remediation efforts progress or as additional technical, regulatory or legal information becomes available. Given the uncertainties regarding the status of laws, regulations, enforceme nt policies, the impact of other potentially responsible parties, technology and information related to individual sites, we do not believe it is possible to develop an estimate of the range of reasonably possible environmental loss in excess of our record ed liabilities. We expect to fund expenditures for these matters from operating cash flow. The timing of cash expenditures depends on a number of factors, including the timing of remedial investigations and feasibility studies, the timing of litigation and settlements of remediation liability, personal injury and property damage claims, regulatory approval of cleanup projects, remedial techniques to be utilized and agreements with other parties. The following table summarizes information concerning our recorded liabilities for environmental costs: Years Ended December 31, 2016 2015 2014 Beginning of year $ 518 $ 591 $ 643 Accruals for environmental matters deemed probable and reasonably estimable 195 194 268 Environmental liability payments (228) (273) (321) Other 26 6 1 End of year $ 511 $ 518 $ 591 Environmental liabilities are included in the following balance sheet accounts: December 31, 2016 2015 Accrued liabilities $ 252 $ 253 Other liabilities 259 265 $ 511 $ 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 —I n 2016, we largely completed a 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. Some additional long-term monitoring and maintenance activities will continue, as required by the consent decree. Honeywell is also conducting remedial investigatio ns 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 natu ral 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 defenda nt 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 con sist 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, manufactured automotive brake parts that contained chrysotil e asbestos in an encapsulated form. Claimants consist largely of individuals who allege exposure to asbestos from brakes from either performing or being in the vicinity of individuals who performed brake replacements. The following tables summarize informa tion concerning NARCO and Bendix asbestos related balances: Asbestos Related Liabilities Year Ended December 31, Year Ended December 31, Year Ended December 31, 2016 2015 2014 Bendix NARCO Total Bendix NARCO Total Bendix NARCO Total Beginning of year $ 622 $ 921 $ 1,543 $ 623 $ 929 $ 1,552 $ 656 $ 955 $ 1,611 Accrual for update to estimated liability 203 9 212 180 8 188 195 4 199 Change in estimated cost of future claims 13 - 13 11 - 11 (1) - (1) Update of expected resolution values for pending claims 4 - 4 1 - 1 2 - 2 Asbestos related liability payments (201) (11) (212) (193) (16) (209) (229) (30) (259) End of year $ 641 $ 919 $ 1,560 $ 622 $ 921 $ 1,543 $ 623 $ 929 $ 1,552 Insurance Recoveries for Asbestos Related Liabilities Year Ended December 31, Year Ended December 31, Year Ended December 31, 2016 2015 2014 Bendix NARCO Total Bendix NARCO Total Bendix NARCO Total Beginning of year $ 124 $ 325 $ 449 $ 135 $ 350 $ 485 $ 141 $ 531 $ 672 Probable insurance recoveries related to estimated liability 26 - 26 21 - 21 24 - 24 Insurance receipts for asbestos related liabilities (37) (6) (43) (33) (30) (63) (24) (187) (211) Insurance receivables settlements and write offs 7 - 7 1 6 7 (6) 7 1 Other 1 - 1 - (1) (1) - (1) (1) End of year $ 121 $ 319 $ 440 $ 124 $ 325 $ 449 $ 135 $ 350 $ 485 NARCO and Bendix asbestos related balances are included in the following balance sheet accounts: December 31, 2016 2015 Other current assets $ 23 $ 23 Insurance recoveries for asbestos related liabilities 417 426 $ 440 $ 449 Accrued liabilities $ 546 $ 292 Asbestos related liabilities 1,014 1,251 $ 1,560 $ 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 protected by a permanent channeling injunction barring all present and future individual actions in state or federal courts and requiring all asbestos related claims based on exposure to NARCO asbestos-containing products to be made against t he NARCO Trust. The 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 t o review and monitor 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 Distribu tion Procedures (Annual Contribution Claims), subject to annual caps of $ 140 million in the years 2017 and 2018 and $ 145 million for each year thereafter. However, the initial $ 100 million of claims processed through the NARCO Trust (the Initial Claims Amo unt) 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 pro visions of the Trust Agreement and Trust Distribution Procedures. The parties agreed to dismiss the proceeding without prejudice pursuant to an 18 month Standstill Agreement that expires in October 2017 . Claims processing will continue during this period subject to a defined dispute resolution process. As of December 31, 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 penden cy of the NARCO 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), wh ich 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 a bove. 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 ($ 31 million) and for the estimated value of future NARCO asbestos claims expected to be asserted against the NARCO Trust ($743 million). The estimate of future NARCO claims is based on a commonly accepted methodology used by numerous bankruptcy courts addressing 524(g) trusts and also reflects disp utes concerning implementation of the Trust Distribution Procedures by the NARCO Trust, a lack of sufficient trust claims processing experience, as well as the stay of all NARCO asbestos claims which remained in place throughout NARCO’s Chapter 11 case. So me critical assumptions underlying this commonly accepted methodology include claims filing rates, disease criteria and payment values contained in the Trust Distribution Procedures, estimated approval rates of claims submitted to the NARCO Trust and epide miological studies estimating disease instances. The estimated value of future NARCO claims was originally established at the time of the NARCO Chapter 11 filing reflecting claims expected to be asserted against NARCO over a fifteen year period. This proje ction 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. Our insurance rece ivable 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 provided by a large number of insurance policies writ ten 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 insuran ce 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 reasonable and consistent with our historical deal ings 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 higher or lower than those projected and recorde d. 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 insurance recoveries in light of any changes to the projected liability or other developments that may impact insurance recoveries. Bendix Products — The following tables present information regarding Bendix related asbestos claims activity : Years Ended December 31, Claims Activity 2016 2015 Claims Unresolved at the beginning of year 7,779 9,267 Claims Filed 2,830 2,862 Claims Resolved (2,885) (4,350) Claims Unresolved at the end of year 7,724 7,779 December 31, Disease Distribution of Unresolved Claims 2016 2015 Mesothelioma and Other Cancer Claims 3,490 3,772 Nonmalignant Claims 4,234 4,007 Total Claims 7,724 7,779 Honeywell has experienced average resolution values per claim excluding legal costs as follows: Years Ended December 31, 2016 2015 2014 2013 2012 (in whole dollars) Malignant claims $ 44,000 $ 44,000 $ 53,500 $ 51,000 $ 49,000 Nonmalignant claims $ 4,485 $ 100 $ 120 $ 850 $ 1,400 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 applicable MCBAs. In the ev ent of an adverse ruling, however, Honeywell’s other postretirement benefits for pre-2003 retirees would increase by approximately $ 129 million , reflecting the estimated value of these CAPS. In December 2013, the UAW and certain of the 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 f or 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 adverse ruling , however, H oneywell’s other postretirement benefits for post-2003 retirees would increase by approximately $ 95 million, reflecting the estimated value of these CAPS. Joint Strike Fighter Investigation - In 2013 the Company received subpoenas from the Department of Ju stice 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 the se 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 investigations (including the spe cific 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 experience and existing ac cruals, 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 time, potential liabiliti es 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 advers e effect on our results of operations or operating cash flows in the periods recognized or paid. Warranties and Guarantees In the normal course of business we issue product warranties and product performance guarantees. We accrue for the estimated cost of product warranties and performance guarantees based on contract terms and historical experience at the time of sale. Adjustments to initial obligations for warranties and guarantees are made as changes to the obligations become reasonably estimable. The following table summarizes information concerning our recorded obligations for product warranties and product performan ce gua rantees. Years Ended December 31, 2016 2015 2014 Beginning of year $ 416 $ 403 $ 405 Accruals for warranties/guarantees issued during the year 326 206 225 Adjustment of pre-existing warranties/guarantees (40) 13 (34) Settlement of warranty/guarantee claims (215) (206) (193) End of year $ 487 $ 416 $ 403 Product warranties and product performance guarantees are included in the following balance sheet accounts: December 31, 2016 2015 Accrued liabilities $ 351 $ 355 Other liabilities 136 61 $ 487 $ 416

PENSION AND OTHER POSTRETIREMEN

PENSION AND OTHER POSTRETIREMENT BENEFITS	12 Months Ended
	Dec. 31, 2016
Pension and Other Post Retirements Disclosure Paragraph Details [Abstract]
Pension and Other Postretirement Benefits	Note 20 . Pension and Other Postretirement Benefits We sponsor both funded and unfunded U.S. and non-U.S . defined benefit pension plans covering the majority of our employees and retirees. Pension benefits for many of our U.S. employees are provided through non-contributory, qualified and non-qualified defined benefit plans. All non-union hourly and salaried employees joining Honeywell for the first time after December 31, 2012, are not eligible to participate in Honeywell’ s U.S. defined benefit pension plans. We also sponsor defined benefit pension plans which cover non-U.S. employees who are not U.S. citizens, in certain jurisdictions, principally the UK, Netherlands, Germany, and Canada. Other pension plans outside of th e U.S. are not material to the Company either individually or in the aggregate. We also sponsor postretirement benefit plans that provide health care benefits and life insurance coverage mainly to U.S. eligible retirees. None of Honeywell ’s U.S. employe es are eligible for a retiree medical subsidy from the Company. In addition, more than 80% of Honeywell’s U.S. retirees either have no Company subsidy or have a fixed-dollar subsidy amount . This significantly limits our exposure to the impact of future hea lth care cost increases. The retiree medical and life insurance plans are not funded. Claims and expenses are paid from our operating cash flow. The following tables summarize the balance sheet impact, including the benefit obligations, assets and funded status associated with our significant pension and other postretirement benefit plans . Pension Benefits U.S. Plans Non-U.S. Plans 2016 2015 2016 2015 Change in benefit obligation: Benefit obligation at beginning of year $ 17,298 $ 18,035 $ 6,338 $ 5,761 Service cost 191 223 47 51 Interest cost 600 696 179 177 Plan amendments - (429) - - Actuarial (gains) losses 448 (269) 1,125 (178) Acquisitions - 61 6 1,137 Benefits paid (1,135) (1,027) (243) (199) Settlements and curtailments - - (50) (11) Foreign currency translation - - (930) (417) Other 12 8 11 17 Benefit obligation at end of year 17,414 17,298 6,483 6,338 Change in plan assets: Fair value of plan assets at beginning of year 16,349 17,066 6,117 5,333 Actual return on plan assets 1,554 233 1,006 154 Company contributions 36 34 186 147 Acquisitions - 43 - 1,036 Benefits paid (1,135) (1,027) (243) (199) Foreign currency translation - - (957) (361) Other 10 - 11 7 Fair value of plan assets at end of year 16,814 16,349 6,120 6,117 Funded status of plans $ (600) $ (949) $ (363) $ (221) Amounts recognized in Consolidated Balance Sheet consist of: Prepaid pension benefit cost (1) $ - $ - $ 380 $ 427 Accrued pension liabilities - current (2) (106) (51) (11) (7) Accrued pension liabilities - noncurrent (3) (494) (898) (732) (641) Net amount recognized $ (600) $ (949) $ (363) $ (221) (1) Included in Other assets on Consolidated Balance Sheet (2) Included in Accrued liabilities on Consolidated Balance Sheet (3) Included in Other liabilities - noncurrent on Consolidated Balance Sheet Other Postretirement Benefits 2016 2015 Change in benefit obligation: Benefit obligation at beginning of year $ 569 $ 973 Service cost - - Interest cost 20 33 Plan amendments (1) 27 (290) Actuarial (gains) losses (31) (55) Benefits paid (93) (92) Benefit obligation at end of year 492 569 Change in plan assets: Fair value of plan assets at beginning of year - - Actual return on plan assets - - Company contributions - - Benefits paid - - Fair value of plan assets at end of year - - Funded status of plans $ (492) $ (569) Amounts recognized in Consolidated Balance Sheet consist of: Accrued liabilities $ (62) $ (85) Postretirement benefit obligations other than pensions (2) (430) (484) Net amount recognized $ (492) $ (569) (1) In 2015, elimination of retiree medical insurance coverage for certain retirees. Amount recognized as part of net postretirement benefit cost over the expected future lifetime of the remaining participants in the plan. (2) Excludes non-U.S. plans of $43 million and $42 million in 2016 and 2015. Amounts recognized in a ccumulated other comprehensive (i ncome) l oss associated with our significant pension and other postretirement benefit plans at December 31, 2016 and 2015 are as follows : Pension Benefits U.S. Plans Non-U.S. Plans 2016 2015 2016 2015 Prior service (credit) $ (312) $ (355) $ (11) $ (22) Net actuarial loss 1,099 1,005 582 464 Net amount recognized $ 787 $ 650 $ 571 $ 442 Other Postretirement Benefits 2016 2015 Prior service (credit) $ (393) $ (496) Net actuarial loss 136 189 Net amount recognized $ (257) $ (307) The components of net periodic benefit (income) cost and other amounts recognized in other comprehensive (income) loss for our significant pension and other postretirement benefit plans include the following components: Pension Benefits U.S. Plans Non-U.S. Plans Net Periodic Benefit Cost 2016 2015 2014 2016 2015 2014 Service cost $ 191 $ 223 $ 241 $ 47 $ 51 $ 56 Interest cost 600 696 771 179 177 231 Expected return on plan assets (1,226) (1,278) (1,257) (377) (358) (354) Amortization of transition obligation - - - - 1 2 Amortization of prior service (credit) cost (43) 13 23 (3) (3) (2) Recognition of actuarial losses 27 52 26 246 15 223 Settlements and curtailments - 8 - (7) 2 - Net periodic benefit (income) cost $ (451) $ (286) $ (196) $ 85 $ (115) $ 156 Other Changes in Plan Assets and Benefits Obligations Recognized in U.S. Plans Non-U.S. Plans Other Comprehensive (Income) Loss 2016 2015 2014 2016 2015 2014 Actuarial losses $ 121 $ 775 $ 1,686 $ 447 $ 27 $ 333 Prior service (credit) - (429) - - - (17) Transition obligation recognized during year - - - - (1) (2) Prior service (cost) credit recognized during year 43 (13) (23) 10 3 2 Actuarial losses recognized during year (27) (52) (26) (246) (17) (223) Foreign currency translation - - - (83) (37) (50) Total recognized in other comprehensive (income) loss $ 137 $ 281 $ 1,637 $ 128 $ (25) $ 43 Total recognized in net periodic benefit (income) cost and other comprehensive (income) loss $ (314) $ (5) $ 1,441 $ 213 $ (140) $ 199 The estimated prior service (credit) for pension benefits that will be amortized from accumulated other comprehensive (income) loss into net periodic benefit (income) cost in 2017 are expected to be ($43 ) million and ($1 ) million for U.S. and non-U.S. pension plans . Other Postretirement Benefits Years Ended December 31, Net Periodic Benefit Cost 2016 2015 2014 Service cost $ - $ - $ - Interest cost 20 33 42 Amortization of prior service (credit) (76) (30) (20) Recognition of actuarial losses 22 34 24 Net periodic benefit (income) cost $ (34) $ 37 $ 46 Years Ended December 31, Other Changes in Plan Assets and Benefits Obligations 2016 2015 2014 Recognized in Other Comprehensive (Income) Loss Actuarial (gains) losses $ (31) $ (55) $ 46 Prior service cost (credit) 27 (290) (87) Prior service credit recognized during year 76 30 20 Actuarial losses recognized during year (22) (34) (24) Total recognized in other comprehensive (income) loss $ 50 $ (349) $ (45) Total recognized in net periodic benefit cost and other comprehensive (income) loss $ 16 $ (312) $ 1 The estimated net loss and prior service (credit) for other postretirement benefits that will be amortized from accumulated other comprehensive (income) loss into net periodic benefit (income) in 2017 are expected to be $ 14 million and ($7 0 ) million . Major actuarial assumptions used in determining the benefit obligations and net periodic benefit (income) cost for our significant benefit plans are presented in the following table as weighted averages. Pension Benefits U.S. Plans Non-U.S. Plans 2016 2015 2014 2016 2015 2014 Actuarial assumptions used to determine benefit obligations as of December 31: Discount rate 4.20 % 4.46 % 4.08 % 2.51 % 3.49 % 3.26 % Expected annual rate of compensation increase 4.50 % 4.48 % 4.50 % 2.17 % 2.11 % 2.53 % Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31: Discount rate - benefit obligation 4.46 % 4.08 % 4.89 % 3.49 % 3.26 % 4.29 % Discount rate - service cost 4.69 % N/A N/A 2.92 % N/A N/A Discount rate - interest cost 3.59 % N/A N/A 3.07 % N/A N/A Expected rate of return on plan assets 7.75 % 7.75 % 7.75 % 6.65 % 6.94 % 6.96 % Expected annual rate of compensation increase 4.48 % 4.50 % 4.50 % 2.11 % 2.53 % 2.81 % Other Postretirement Benefits 2016 2015 2014 Actuarial assumptions used to determine benefit obligations as of December 31: Discount rate 3.65 % 3.80 % 3.45 % Actuarial assumptions used to determine net periodic benefit cost for years ended December 31: Discount rate 3.80 % 3.45 % 4.05 % The discount rate for our U.S. pension and other postretirement benefits plans reflects the current rate at which the associated liabilities could be settled at the measurement date of December 31. To determine discount rates for our U.S. pension and other postretirement benefit plans, we use a modeling process that involves matching the expected cash outflows of our benefit plans to a yield curve constructed from a portfolio of high quality, fixed-income debt instruments. We use the single weighted-av erage yield of this hypothetical portfolio as a discount rate benchmark. The discount rate used to determine the other postretirement benefit obligation is lower principally due to a shorter expected duration of other postretirement plan obligations as com pared to pension plan obligations. During the fourth quarter of 2015 we changed the methodology used to estimate the service and interest cost components of net periodic benefit (income) cost for our significant pension plans. Previously, we estimated suc h cost components utilizing a single weighted-average discount rate derived from the yield curve used to measure the pension benefit obligation . The new methodology utilizes a full yield curve approach in the estimation of these cost components by applying the specific spot rates along the yield curve used in the determination of the pension benefit obligation to their underlying projected cash flows and provides a more precise measurement of service and interest costs by improving the correlation between p rojected cash flows and their correspond ing spot rates. The change did not affect the measurement of our pension obligation and was applied prospectively as a change in estimate . For our U.S. pension plans, the single weighted average spot rates used to d etermine service and interest costs for 2017 are 4.42 % and 3.49 % . Our expected rate of return on U.S. plan assets of 7.75% is a long-term rate based on historical plan asset returns over varying long-term periods combined with current market conditions a nd b road asset mix considerations. We review the expected rate of return on an annual basis and revise it as appropriate. For non-U.S. benefit plans actuarial assumptions reflect economic and market factors relevant to each country. Pension Benefits Included in the aggregate data in the tables above are the amounts applicable to our pension plans with accumulated benefit obligat ions exceeding the fair value of plan assets. Amounts related to such plans were as follows: December 31, U.S. Plans Non-U.S. Plans 2016 2015 2016 2015 Projected benefit obligation $17,414 $17,298 $2,294 $1,624 Accumulated benefit obligation $17,263 $16,899 $2,220 $1,574 Fair value of plan assets $16,814 $16,349 $1,552 $976 Accumulated benefit obligation for our U.S. defined benefit pension plans were $ 17.3 billion and $ 16.9 billion and for our Non-U.S. defined benefit pension plans were $ 6.4 billion and $ 6.2 billion at December 31, 2016 and 2015 . Our asset investment strategy for our U.S. pension plans focuses on maintaining a diversified portfolio using various asset classes in order to achieve our long-term investment objectives on a risk adjusted basis. Our actual invested positions in various securities change over time based o n short and longer-term investment opportunities. To achieve our objectives, we have established long-term target allocations as follows: 60 % - 70 % equity securities, 10 % - 20 % fixed income securities and cash, 5 % - 15 % real estate investments, and 10 % - 20 % other types of investments. Equity securities include publicly-traded stock of companies located both inside and outside the United States . Fixed income securities include corporate bonds of companies from diversified industries, mortgage-backed securities, a nd U.S. Treasuries. Real estate investments include direct investments in commercial properties and investments in real estate funds. Other types of investments include investments in private equity and hedge funds that follow several different strategie s. We review our assets on a regular basis to ensure that we are within the targeted asset allocation ranges and, if necessary, asset balances are adjusted back within target allocations. Our non-U.S. pension assets are typically managed by decentralized fiduciary committees with the Honeywell Corporate Inve stments group providing funding and investment guidance. O ur non-U.S. investment policies are different for each country as local regulations, funding requirements , and financial and tax considerations are part of the funding and investment allocation process in each country. In accordance with ASU 2015-07, “Fair Value Measurement (Topic 820)”, certain investments that are measured at fair value using the net asset value (NAV) per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in the following table s are intended to permit reconciliation of the fair value hierarchy to the amounts presented for the total pension benefits plan assets. The fair values of both our U.S. and non-U.S. pension plans assets by asset category are as follows: U.S. Plans December 31, 2016 Total Level 1 Level 2 Level 3 Equities: Honeywell common stock $ 2,140 $ 2,140 $ - $ - U.S. equities 3,583 3,583 - - Non-U.S. equities 2,069 2,037 32 - Real estate investment trusts 203 203 - - Fixed income: Short term investments 1,306 1,306 - - Government securities 305 - 305 - Corporate bonds 4,366 - 4,366 - Mortgage/Asset-backed securities 617 - 617 - Insurance contracts 7 - 7 - Direct investments: Direct private investments 609 - - 609 Real estate properties 664 - - 664 Total 15,869 $ 9,269 $ 5,327 $ 1,273 Investments measured at NAV : Private funds 815 Real estate funds 110 Hedge funds 20 Total assets at fair value $ 16,814 U.S. Plans December 31, 2015 Total Level 1 Level 2 Level 3 Equities: Honeywell common stock $ 1,916 $ 1,916 $ - $ - U.S. equities 4,572 4,572 - - Non-U.S. equities 2,099 1,943 156 - Real estate investment trusts 209 209 - - Fixed income: Short term investments 1,332 1,332 - - Government securities 425 - 425 - Corporate bonds 3,003 - 3,003 - Mortgage/Asset-backed securities 561 - 561 - Insurance contracts 7 - 7 - Direct investments: Direct private investments 535 - - 535 Real estate properties 626 - - 626 Total 15,285 $ 9,972 $ 4,152 $ 1,161 Investments measured at NAV : Private funds 889 Real estate funds 156 Hedge funds 19 Total assets at fair value $ 16,349 Non-U.S. Plans December 31, 2016 Total Level 1 Level 2 Level 3 Equities: U.S. equities $ 650 $ 525 $ 125 $ - Non-U.S. equities 2,153 219 1,934 - Fixed income: Short-term investments 146 146 - - Government securities 1,530 - 1,530 - Corporate bonds 1,220 - 1,220 - Mortgage/Asset-backed securities 18 - 18 - Insurance contracts 152 - 152 - Investments in private funds: Private funds 42 - 19 23 Real estate funds 124 - - 124 Total 6,035 $ 890 $ 4,998 $ 147 Investments measured at NAV : Private funds 33 Real estate funds 52 Total assets at fair value $ 6,120 Non-U.S. Plans December 31, 2015 Total Level 1 Level 2 Level 3 Equities: U.S. equities $ 569 $ 479 $ 90 $ - Non-U.S. equities 2,200 228 1,972 - Fixed income: Short-term investments 108 105 3 - Government securities 1,621 - 1,621 - Corporate bonds 1,073 - 1,073 - Mortgage/Asset-backed securities 94 - 94 - Insurance contracts 170 - 170 - Investments in private funds: Private funds 10 - - 10 Real estate funds 152 - - 152 Total 5,997 $ 812 $ 5,023 $ 162 Investments measured at NAV : Private funds 51 Real estate funds 69 Total assets at fair value $ 6,117 The following table summarize s changes in the fair value of Level 3 assets for both U.S. and Non-U.S. plans : U.S. Plans Non-U.S. Plans Direct Private Real Estate Private Real Estate Investments Properties Funds Funds Balance at December 31, 2014 $ 301 $ 600 $ 4 $ 100 Actual return on plan assets: Relating to assets still held at year-end 47 16 - 5 Relating to assets sold during the year 21 14 - - Purchases 242 16 10 51 Sales and settlements (76) (20) (4) (4) Balance at December 31, 2015 535 626 10 152 Actual return on plan assets: Relating to assets still held at year-end (42) 11 1 (22) Relating to assets sold during the year 28 7 - (1) Purchases 141 48 12 - Sales and settlements (53) (28) - (5) Balance at December 31, 2016 $ 609 $ 664 $ 23 $ 124 The Company enters into futures contracts to gain exposure to certain markets. Sufficient cash or cash equivalents are held by our pension plans to cover the notional value of the futures contracts. At December 31, 2016 and 2015 , our U.S. plans had contracts with notional amounts of $ 3,775 million and $ 2 ,613 million. At December 31, 2016 and 2015 , our non-U.S. plans had contracts with notional amounts of $ 55 million and $ 54 million. In both our U.S. and non-U.S. pension plans , the notional derivative exposure is primarily related to outstanding equity futures contracts. Common stocks, preferred stocks, real estate investment trusts, and short-term investments are valued at the closing price reported in the active market in wh ich the individual securities are traded. Corporate bonds, mortgages, asset-backed securities, and government securities are valued either by using pricing models, bids provided by brokers or dealers, quoted prices of securities with similar characteristic s or discounted cash flows and as such include adjustments for certain risks that may not be observable such as credit and liquidity risks. Certain securities are held in collective trust funds which are valued using net asset values provided by the administrato rs of the funds. Investments in private equity, debt, real estate and hedge funds and direct private investments are valued at estimated fair value based on quarterly financial information received from the investment advisor and/or general partner. Invest ments in real estate properties are valued on a quarterly basis using the income approach. Valuation estimates are periodically supplemented by third party appraisals. Our general funding policy for qualified defined benefit pension plans is to contribut e amounts at least sufficient to satisfy regulatory funding standards. In 201 6 , 2015 and 2014 , we were not required to make contributions to our U.S. pension plans and no contributions were made . We are not required to make any contributions to our U.S. pension plans in 2017 . In 2016, contributions of $ 149 million were made to our non-U.S. pension plans to satisfy regulatory funding requirements. In 2017 , we expect to make contributions of cash and/or marketable securities of approximately $ 1 30 mi llion to our non-U.S. pension plans to satisfy regulatory funding standards. Contributions for both our U.S. and non-U.S. pension plans do not reflect benefits paid directly from Company assets. Benefit payments, including amounts to be paid from Company assets, and reflecting expected future service, as appropriate, are expected to be paid as follows: U.S. Plans Non-U.S. Plans 2017 $ 1,217 $ 223 2018 1,136 225 2019 1,147 231 2020 1,158 238 2021 1,167 244 2022-2026 5,838 1,323 Other Postretirement Benefits December 31, 2016 2015 Assumed health care cost trend rate: Health care cost trend rate assumed for next year 6.50 % 7.00 % Rate that the cost trend rate gradually declines to 5.00 % 5.00 % Year that the rate reaches the rate it is assumed to remain at 2023 2023 The assumed health care cost trend rate has a significant effect on the amounts reported. A one-percentage-point change in the assumed health care cost trend rate would have the following effects: 1 percentage point Increase Decrease Effect on total of service and interest cost components $ 1 $ (1) Effect on postretirement benefit obligation $ 25 $ (18) Benefit payments reflecting expected future service, as appropriate, are expected to be paid as follows: Without Impact of Net of Medicare Subsidy Medicare Subsidy 2017 $ 67 $ 62 2018 62 57 2019 57 53 2020 52 48 2021 48 44 2022-2026 156 141

SEGMENT FINANCIAL DATA

SEGMENT FINANCIAL DATA	12 Months Ended
	Dec. 31, 2016
Segment Financial Data [Abstract]
Segment Financial Data	Note 21 . 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 benefits (exp ense), stock compensation expense and repositioning and other charg es. In July 2016, the Company announced the realignment of the business units comprising its Automation and Control Solutions reporting segment by forming two new reportable operating s egments: 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/T hermal 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 Saf ety, as well as the Intelligrated business. Under the realigned segment reporting structure, the Company’s reportable operating segments are Aerospace, Home and Building Technologies, Performance Materials and Technologies and Safety and Productivity Solutions. These realignments have no impact on the Company’s historical consolidated financial position, results of operations or cash flows. Prior period amounts have been reclassified to conform to current period segment presentation. Years Ended December 31, Net Sales 2016 2015 2014 Aerospace Product $ 9,926 $ 10,379 $ 10,773 Service 4,825 4,858 4,825 Total 14,751 15,237 15,598 Home and Building Technologies Product 9,374 7,985 8,267 Service 1,280 1,176 1,218 Total 10,654 9,161 9,485 Performance Materials and Technologies Product 7,601 7,674 8,662 Service 1,671 1,801 1,815 Total 9,272 9,475 10,477 Safety and Productivity Solutions Product 4,461 4,657 4,696 Service 164 51 50 Total 4,625 4,708 4,746 $ 39,302 $ 38,581 $ 40,306 Depreciation and amortization Aerospace $ 275 $ 267 $ 277 Home and Building Technologies 192 101 114 Performance Materials and Technologies 314 285 292 Safety and Productivity Solutions 188 173 184 Corporate 61 57 57 $ 1,030 $ 883 $ 924 Segment Profit Aerospace $ 2,991 $ 3,218 $ 2,915 Home and Building Technologies 1,683 1,512 1,455 Performance Materials and Technologies 2,050 1,990 1,876 Safety and Productivity Solutions 680 746 686 Corporate (218) (210) (236) $ 7,186 $ 7,256 $ 6,696 Capital expenditures Aerospace $ 331 $ 314 $ 315 Home and Building Technologies 110 103 83 Performance Materials and Technologies 455 481 538 Safety and Productivity Solutions 55 47 61 Corporate 144 128 97 $ 1,095 $ 1,073 $ 1,094 December 31, Total Assets 2016 2015 2014 Aerospace $ 11,426 $ 11,235 $ 11,151 Home and Building Technologies 13,201 13,950 9,857 Performance Materials and Technologies 13,026 11,699 9,805 Safety and Productivity Solutions 8,951 7,006 7,228 Corporate 7,542 5,426 7,410 $ 54,146 $ 49,316 $ 45,451 A reconciliation of segment profit to consolidated income from continuing operations before taxes are as follows: Years Ended December 31, 2016 2015 2014 Segment Profit $ 7,186 $ 7,256 $ 6,696 Other income (expense) (1) 71 38 269 Interest and other financial charges (338) (310) (318) Stock compensation expense (2) (184) (175) (187) Pension ongoing income (expense) (2) 601 430 254 Pension mark-to-market expense (2) (273) (67) (249) Other postretirement income (expense) (2) 32 (40) (49) Repositioning and other charges (2) (648) (546) (598) Income from continuing operations before taxes $ 6,447 $ 6,586 $ 5,818 (1) Equity income (loss) of affiliated companies is included in Segment Profit. (2) Amounts included in cost of products and services sold and selling, general and administrative expenses.

GEOGRAPHIC AREAS FINANCIAL DATA

GEOGRAPHIC AREAS FINANCIAL DATA	12 Months Ended
	Dec. 31, 2016
Geographic Areas Financial Data [Abstract]
Geographic Areas - Financial Data	Note 22. Geographic Areas - Financial Data Net Sales (1) Long-lived Assets (2) Years Ended December 31, December 31, 2016 2015 2014 2016 2015 2014 United States $ 22,652 $ 23,771 $ 23,911 $ 3,744 $ 3,939 $ 3,612 Europe 9,966 8,674 9,870 741 746 741 Other International 6,684 6,136 6,525 1,308 1,104 1,030 $ 39,302 $ 38,581 $ 40,306 $ 5,793 $ 5,789 $ 5,383 (1) Sales between geographic areas approximate market and are not significant. Net sales are classified according to their country of origin. Included in United States net sales are export sales of $5,290 million, $5,526 million and $5,647 million in 2016, 2015 and 2014. (2) Long-lived assets are comprised of property, plant and equipment - net.

SUPPLEMENTAL CASH FLOW INFORMAT

SUPPLEMENTAL CASH FLOW INFORMATION	12 Months Ended
	Dec. 31, 2016
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	Note 23 . Supplemental Cash Flow Information Years Ended December 31, 2016 2015 2014 Payments for repositioning and other charges: Severance and exit cost payments $ (228) $ (118) $ (161) Environmental payments (228) (273) (321) Insurance receipts for asbestos related liabilities 43 63 211 Asbestos related liability payments (212) (209) (259) $ (625) $ (537) $ (530) Interest paid, net of amounts capitalized $ 329 $ 310 $ 312 Income taxes paid, net of refunds 1,142 1,192 1,142 Non-cash investing and financing activities: Common stock contributed to savings plans 168 174 168 Marketable securities contributed to non-U.S. pension plans 106 109 117

UNAUDITED QUARTERLY FINANCIAL I

UNAUDITED QUARTERLY FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2016
Unaudited Quarterly Financial Information [Abstract]
Unaudited Quarterly Financial Information	Note 24 . Unaudited Quarterly Financial Information 2016 Mar. 31 June 30 Sept. 30 Dec. 31 Year Net Sales $ 9,522 $ 9,991 $ 9,804 $ 9,985 $ 39,302 Gross Profit 2,975 3,170 2,901 3,106 12,152 Net income attributable to Honeywell 1,216 1,319 1,240 1,034 4,809 Earnings per share - basic 1.58 1.73 1.62 1.36 6.29 Earnings per share - assuming dilution 1.56 1.70 1.60 1.34 6.20 Dividends paid per share 0.5950 0.5950 0.5950 0.6650 2.45 Market Price per share High 113.23 117.32 119.88 118.09 119.88 Low 96.24 111.46 111.60 105.78 96.24 2015 Mar. 31 June 30 Sept. 30 Dec. 31 Year Net Sales $ 9,213 $ 9,775 $ 9,611 $ 9,982 $ 38,581 Gross Profit 2,851 2,961 2,957 3,065 11,834 Net income attributable to Honeywell 1,116 1,194 1,264 1,194 4,768 Earnings per share - basic 1.42 1.52 1.62 1.55 6.11 Earnings per share - assuming dilution 1.41 1.51 1.60 1.53 6.04 Dividends paid per share 0.5175 0.5175 0.5175 0.5950 2.15 Market Price per share High 101.76 104.17 104.29 101.65 104.29 Low 98.78 102.87 101.72 92.93 92.93

SUMMARY OF SIGNIFICANT ACCOUN31

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2016
Significant Accounting Policies [Abstract]
Accounting Principles	Accounting Principles —The financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States of America . The following is a description of Honeywell’s significant accounting policies.
Principles of Consolidation	Principles of Consolidation —The consolidated financial statements include the accounts of Honeywell International Inc. and all of its subsidiaries and entities in which a controlling interest is m aintained. Our consolidation policy requires equity investments that we exercise significant influence over but do not control the investee and are not the primary beneficiary of the investee’s activities to be accounted for using the equity method. Inves tments through which we are not able to exercise significant influence over the investee and which we do not have readily determinable fair values are accounted for under the cost method. All intercompany transactions and balances are eliminated in consol idation. Redeemable noncontrolling interest is considered to be temporary equity and is therefore reported outside of pe rmanent equity on the Consolidated Balance Sheet at the greater of the initial carrying amount adjusted for the noncontrolling interest' s share of net income (loss) or its redemption value.
Property, Plant and Equipment	Property, Plant and Equipment —Property, plant and equipment are recorded at cost, including any asset retirement obligations, less accumulated depreciation. For financial reporting, the straight-line me thod of depreciation is used over the estimated useful lives of 10 to 50 years for buildings and improvements and 2 to 16 years for machinery and equipment. Recognition of the fair value of obligations associated with the retirement of tangible long-lived assets is required when there is a legal obligation to incur such costs. Upon initial recognition of a liability, the cost is capitalized as part of the related long-lived asset and depreciated over the corresponding asset’s useful life.
Goodwill and Indefinite-Lived Intangible Assets	Goodwill and Indef inite-Lived Intangible Assets —Goodwill and indefinite - lived intangible assets are subject to impairment tes ting annually as of March 31, and whenever events or changes in circumstances indicate that the carrying amount may not be fully recoverable. This tes ting compares carrying values to fair values and, when appropriate, the carrying value of these assets is reduced to fair value. We completed our annual goodwill impairment test as of March 31, 2016 and determined that there was no impairm ent as of that date.
Other Intangible Assets with Determinable Lives	Other Intangible Assets with Determinable Lives —Other intangible assets with determinable lives consist of customer lists, technology, patents and trademarks and other intangibles and are amortized over their estimated useful lives, ranging from 2 t o 24 years.
Sales Recognition	Sales Recognition —Product and service sales are recognized when persuasive evidence of an arrangement exists, product delivery has occurred or services have been rendered, pricing is fixed or determinable, and collection is reasonably assured. Service sales, principally representing repair, maintenance an d engineering activities are recognized over the contractual period or as services are rendered. Sales under long- term contracts are recorded on a percentage-of-completion method measured on the cost-to-cost basis for engineering-type contracts and the units-of-delivery basis for production-type contracts. Provisions for anticipated losses on long-term contracts are recorded in full when such losses become evident. Revenues from contracts with mu ltiple element arrangements are recognized as each element is earned based on the relative fair value of each element provided the delivered elements have value to customers on a standalone basis. Amounts allocated to each element are based on its objectiv ely determined fair value, such as the sales price for the product or service when it is sold separately or competitor prices for similar products or services.
Environmental	Environmental — We accrue costs related to environmental matters when it is probable that we have incurred a liability related to a contaminated site and the amount can be reasonably estimated. For additional information, see Note 19 Commitments and Contingencies .
Asbestos Related Contingencies and Insurance Recoveries	Asbestos Related Contingencies and Insurance Recoveries —We recognize a liability for a ny asbestos related contingency that is probable of occurrence and reasonably estimable. In connection with the recognition of liabilities for asbestos related matters, we record asbestos related insurance recoveries that are deemed probable. For additiona l information, see Note 19 Commitments and Contingencies .
Aerospace Sales Incentives	Aerospace Sales Incentives —We provide sales incentives to commercial aircraft manufacturers and airlines in connection with their selection of our aircraft equipment, predominately wheel and brak ing system hardware , avionics, and auxiliary power units, for installation on commercial aircraf t. These incentives consist of free or deeply discounted products, credits for future purchases of product and upfront cash payments . T hese costs are recognized in the period incurred as cost of products sold or as a reduction to sales, as appropriate.
Research and Development	Research and Development —Research and development costs for company-sponsored research and development projects are expensed as incurred. Such cos ts are principall y included in cost of p roducts s old and were $ 2,143 million , $ 1,856 million and $ 1,892 million in 2016 , 2015 and 2014 .
Stock-Based Compensation Plans	Stock-Based Compensation Plans —The principal awards issued under our stock-based compensation plans, which are described in Note 18 Stock-Based Compensation Plans, are non-qualified stock options a nd restricted stock units . The cost for such awards is measured at the grant date based on the fair value of the award. The value of the portion of the award that is u ltimately expected to vest is recognized as expense over the requisite service periods (generally the vesting period of the equity award) and is included in selling, general and administrative expense s . Forfeitures are estimated at the time o f grant to rec ognize expense for those award s that are expected to vest and are based on our historical forfeiture rates .
Pension Benefits	Pension Benefits — We recognize net actuarial gains or losses in excess of 10 % of t he greater of the fair value of plan assets or the plans’ projected benefit obligation (the corridor) annually in the fourth quarter each year (MTM Adjustment) , and, if applicable, in any quarter in which an interim remeasurement is triggered . The remaining components of pensi on (income) expense, primarily service and interest costs and assumed return on plan assets, are recognized on a quarterly basis ( Pension ongoing (income) expense ).
Foreign Currency Translation	Foreign Currency Translation — Assets and liabilities of subsidiaries operating outside the United States with a functional currency other than U.S. D ollars are translated into U.S. D ollars using year-end exchange rates. Sales, costs and expenses are translated at the average exchange rates in effect during the year. Foreign currency translation gains and losses are included as a component of ac cumulated other comprehensive i ncome ( l os s). For subsidiaries operating in highly inflationary environments, inventories and property, plant and equipment, including related expenses, are remeasured at the exchange rate in effect on the date the assets were acquired, while monetary assets and lia bilities are remeasured at year-end exchange rates. Remeasurement adjustments for these subsidiaries are included in earnings.
Derivative Financial Instruments	Derivative Financial Instruments — We minimize our risks from interest and foreign currency exchange rate fluctuations through our normal operating and financing activities and, when deemed appropriate through the use of derivative financial instruments. Derivative financial instruments are used to manage risk and are not used for trading or other speculative purposes and we do not u se leveraged derivative financial instruments. Derivative financial instruments that qualify for hedge accounting must be designated and effective as a hedge of the identified risk exposure at the inception of the contract. Accordingly, changes in fair val ue of the derivative contract must be highly correlated with changes in fair value of the underlying hedged item at inception of the hedge and over the life of the hedge contract. All derivatives are recorded on the balance sheet as assets or liabilities a nd measured at fair value. For derivatives designated as hedges of the fair value of assets or liabilities, the changes in fair values of both the derivatives and the hedged items are recorded in current earnings. For derivatives designated as cash flow he dges, the effective portion of the changes in fair value of t he derivatives are recorded in a ccumulated other c omprehensive i ncome ( l oss) and subsequently recognized in earnings when the hedged items impact earnings. Cash flows of such derivative financial instruments are classified consistent with the underlying hedged item.
Income Taxes	Income Taxes — S ignificant judgment is required in evaluating tax positions. We establish additional reserves for income taxes when, despite the belief that tax positions are fully sup portable, there remain certain positions that do not meet the minimum recognition threshold. The approach for evaluating certain and uncertain tax positions is defined by the authoritative guidance which determines when a tax position is more likely than n ot to be sustained upon examination by the applicable taxing authority. In the normal course of business, the Company and its subsid iaries are examined by various federal, s tate and foreign tax authorities. We regularly assess the potential outcomes of the se examinations and any future examinations for the current or prior years in determining the adequacy of our provision for income taxes. We continually assess the likelihood and amount of potential adjustments and adjust the income tax provision, the curr ent tax liability and deferred taxes in the period in which the facts that give rise to a change in estimate become known.
Cash And Cash Equivalents	Cash and cash equivalents — Cash and cash equivalents include cash on hand and highly liquid investments having an original maturity of three months or less.
Earnings Per Share	Earnings Per Share —Basic earnings per share is based on the weighted average number of common shares outstanding. Diluted earnings per share is based on the weighted average number of common shares outstanding and all dilutive pot ential common shares outstanding.
Reclassifications	Reclassifications —Certain prior year amounts have been reclassified to conform to the current year presentation.
Recent Accounting Pronouncements	Recent Accounting Pronouncements — We consider the applicability and impact of all Accounting Standards Updates (ASUs). ASU s not listed below were assessed and determined to be either not applicable or are expected to have minimal impact on our c on solidated r esults of o perations , financial position and cash flows (consolidated financial statements) . In May 2014, th e FASB issued guidance on revenue from contracts with customers that 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 expects 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 provisio ns include capitalization of certain contract costs, consideration of 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 a lso 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 the 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. We are still finalizing the analysis to quantify the adoption impact of the provisions of the new standard, but we do not currently expect it to have a material impact on our consolidated financial position or results of operations. Based on the evaluation of our current contracts and revenue streams, most will be recorded consistently under both the current and new standard. The FASB has issued, and may issue i n the future, interpretive guidance which may cause our evaluation to change. We believe we are following an appropriate timeline to allow for proper recognition, presentation and disclosure upon adoption effectiv e the beginning of fiscal year 2018. In Fe bruary 2016, the FASB issued guidance on accounting for leases which requires lessees to recognize most leases on their 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 that will be effective for interim and annual periods beginning after December 15, 2018. Early adoption is permitted. The guidance requires the use of a modified retrospective approach. We are curre ntly evaluating the impact of the guidance on our consolidated financial position, results of operations, and related notes to financial statements. In March 2016, the FASB issued amended guidance related to the employee share-based payment accounting. Th e guidance requires all income tax effect of awards to be recognized in the income statement, which were previously presented as a component of Total shareowners’ equity, on a prospective basis. The guidance also requires presentation of excess tax benefit s 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 quarter ended September 30, 2016, which requires adoption effective as of the beginning of the fiscal year. Th e adoption resulted in a diluted earnings per share benefit of $ 0.14 and the recognition of excess tax benefits as a reduction in the provision for income taxes of $ 127 million for the year ended December 31, 2016. Refer to Note 24 Unaudited Quarterly F inancial Information for the earnings per share for the first and second quarters of 2016 , recast to reflect the impact from adoption. Cash paid by the Company when directly withholding shares for tax-withholding 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 maintain 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 prospective basis as of January 1, 2016. In August 20 16, 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 extinguishment costs, the settlement of contingent liabilities a rising 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 December 15, 2017, and early adoption is permitted. Th e guidance requires application on a retrospective basis. The Company is currently evaluating the impact of this guidance. In October 2016, the FASB issued an accounting standard update which requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Under current GAAP, recognition of the income tax consequences for asset transfers other than inventory could not be recognized until the asset was sold to a third party. T he guidance is intended to reduce diversity in practice related to the tax consequences of certain types of intra-entity asset transfers, particularly those involving intellectual property. The guidance is effective for interim and annual periods beginning after December 15, 2017, and early adoption is permitted. The guidance requires application on a modified retrospective basis. We are currently evaluating the impact of this accounting standard update on our consolidated financial statements .

ACQUISITIONS AND DIVESTITURES (

ACQUISITIONS AND DIVESTITURES (Tables)	12 Months Ended
	Dec. 31, 2016
Acquisitions [Abstract]
Schedule Of Business Acquisitions By Acquisition [Text Block]	Current assets $519 Intangible assets 2,163 Other noncurrent assets 193 Current liabilities (566) Noncurrent liabilities (973) Net assets acquired 1,336 Noncontrolling interest (2) Goodwill 3,565 Purchase Price $4,899

REPOSITIONING AND OTHER CHARG33

REPOSITIONING AND OTHER CHARGES (Tables)	12 Months Ended
	Dec. 31, 2016
Repositioning And Other Charges [Abstract]
Repositioning and other charges text block	A summary of repositioning and other charges follows: Years Ended December 31, 2016 2015 2014 Severance $ 283 $ 197 $ 156 Asset impairments 43 13 12 Exit costs 43 6 16 Reserve adjustments (109) (53) (38) Total net repositioning charge 260 163 146 Asbestos related litigation charges, net of insurance 222 189 182 Probable and reasonably estimable environmental liabilities 195 194 268 Other 18 - 2 Total net repositioning and other charges $ 695 $ 546 $ 598
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: Years Ended December 31, 2016 2015 2014 Cost of products and services sold $ 522 $ 483 $ 525 Selling, general and administrative expenses 126 63 73 Other (income) expense 47 - - $ 695 $ 546 $ 598
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: Years Ended December 31, 2016 2015 2014 Aerospace $ 298 $ 211 $ 193 Home and Building Technologies 35 43 52 Performance Materials and Technologies 94 40 33 Safety and Productivity Solutions 1 34 28 Corporate 267 218 292 $ 695 $ 546 $ 598
Total Repositioning Reserves	The following table summarizes the status of our total repositioning reserves: Severance Asset Exit Costs Impairments Costs Total Balance at December 31, 2013 $ 302 $ - $ 45 $ 347 2014 charges 156 12 16 184 2014 usage - cash (135) - (26) (161) 2014 usage - noncash - (12) - (12) Adjustments (33) - (5) (38) Foreign currency translation (5) - - (5) Balance at December 31, 2014 285 - 30 315 2015 charges 197 13 6 216 2015 usage - cash (109) - (9) (118) 2015 usage - noncash - (13) - (13) Acquisitions 16 - - 16 Adjustments (49) - (4) (53) Foreign currency translation (11) - (2) (13) Balance at December 31, 2015 329 - 21 350 2016 charges 283 43 43 369 2016 usage - cash (203) - (25) (228) 2016 usage - noncash (6) (43) - (49) Adjustments (106) - (3) (109) Foreign currency translation 1 - (3) (2) Balance at December 31, 2016 $ 298 $ - $ 33 $ 331

OTHER (INCOME) EXPENSE (Tables)

OTHER (INCOME) EXPENSE (Tables)	12 Months Ended
	Dec. 31, 2016
Other Income Expense [Abstract]
Other (income) expense	Years Ended December 31, 2016 2015 2014 Equity (income) loss of affiliated companies $ (31) $ (30) $ (36) Gain on sale of available for sale investments - - (221) (Gain) Loss on sale of non-strategic businesses and assets (178) 1 11 Interest income (106) (104) (102) Foreign exchange 12 43 34 Other, net 201 22 9 $ (102) $ (68) $ (305)

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2016
Income Taxes [Abstract]
Income from continuing operations by region	Income from continuing operations before taxes Years Ended December 31, 2016 2015 2014 U.S. $ 2,976 $ 3,361 $ 3,340 Non-U.S. 3,471 3,225 2,478 $ 6,447 $ 6,586 $ 5,818
Tax Expense Continuing Operations Current and Deferred	Tax expense (benefit) Years Ended December 31, 2016 2015 2014 Tax expense (benefit) consists of Current: U.S. Federal $ 869 $ 786 $ 746 U.S. State 97 78 39 Non-U.S. 559 560 572 $ 1,525 $ 1,424 $ 1,357 Deferred: U.S. Federal $ 38 $ 196 $ 114 U.S. State 17 49 63 Non-U.S. 21 70 (45) 76 315 132 $ 1,601 $ 1,739 $ 1,489
Effective income tax rate reconciliation	Years Ended December 31, 2016 2015 2014 The U.S. federal statutory income tax rate is reconciled to our effective income tax rate as follows: U.S. federal statutory income tax rate 35.0 % 35.0 % 35.0 % Taxes on non-U.S. earnings below U.S. tax rate (1) (8.0) (8.0) (7.0) U.S. state income taxes (1) 1.1 1.2 1.2 Manufacturing incentives (0.7) (1.5) (1.0) Employee stock ownership plan dividend tax benefit (0.5) (0.4) (0.4) Tax credits (0.7) (1.0) (1.0) Reserves for tax contingencies 1.2 0.7 (0.2) Employee share-based payments (2.0) - - All other items—net (0.6) 0.4 (1.0) 24.8 % 26.4 % 25.6 % (1) Net of changes in valuation allowance
Deferred Tax Assets, Liabilities	December 31, Deferred tax assets: 2016 2015 Pension $ 411 $ 500 Postretirement benefits other than pensions 262 292 Asbestos and environmental 471 473 Employee compensation and benefits 418 387 Other accruals and reserves 765 626 Net operating and capital losses 669 620 Tax credit carryforwards 206 198 Gross deferred tax assets 3,202 3,096 Valuation allowance (621) (589) Total deferred tax assets $ 2,581 $ 2,507 Deferred tax liabilities: Property, plant and equipment $ (560) $ (661) Intangibles (1,843) (1,797) Other asset basis differences (274) (293) Other (43) (31) Total deferred tax liabilities (2,720) (2,782) Net deferred tax liability $ (139) $ (275)
Summary of Operating Loss Carryforwards	Net Operating Expiration and Capital Loss Tax Credit Jurisdiction Period Carryforwards Carryforwards U.S. Federal 2036 $ 25 $ 55 U.S. State 2036 720 26 Non-U.S. 2035 651 137 Non-U.S. Indefinite 2,186 - $ 3,582 $ 218
Change in unrecognized tax benefits	2016 2015 2014 Change in unrecognized tax benefits: Balance at beginning of year $ 765 $ 659 $ 729 Gross increases related to current period tax positions 96 56 65 Gross increases related to prior periods tax positions 88 175 204 Gross decreases related to prior periods tax positions (33) (72) (277) Decrease related to resolutions of audits with tax authorities (3) (11) (32) Expiration of the statute of limitations for the assessment of taxes (10) (13) (10) Foreign currency translation (26) (29) (20) Balance at end of year $ 877 $ 765 $ 659
Summary of Income Tax Examinations	Open Tax Years Based on Originally Filed Returns Jurisdiction Examination in Examination not yet progress initiated U.S. Federal 2010 - 2012, 2014 2013 - 2016 U.S. State 2008 - 2014 2011 - 2016 Australia 2009 - 2015 2016 Canada (1) 2010 - 2014 2015 - 2016 China 2003 - 2014 2015 - 2016 France 2012 - 2014 2005 - 2011, 2015 - 2016 Germany (1) 2008 - 2012 2013 - 2016 India 1999 - 2014 2015 - 2016 Switzerland (1) 2013 - 2014 2015 - 2016 United Kingdom 2013 2014 - 2016 (1) Includes provincial or similar local jurisdictions, as applicable.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2016
Earnings Per Share (Tables) [Abstract]
Earnings per share basic	Years Ended December 31, Basic 2016 2015 2014 Net income attributable to Honeywell $ 4,809 $ 4,768 $ 4,239 Weighted average shares outstanding 764.3 779.8 784.4 Earnings per share of common stock $ 6.29 $ 6.11 $ 5.40
Earnings per share diluted	Years Ended December 31, Assuming Dilution 2016 2015 2014 Net income attributable to Honeywell $ 4,809 $ 4,768 $ 4,239 Average Shares Weighted average shares outstanding 764.3 779.8 784.4 Dilutive securities issuable - stock plans 11.0 9.5 10.8 Total weighted average diluted shares outstanding 775.3 789.3 795.2 Earnings per share of common stock - assuming dilution $ 6.20 $ 6.04 $ 5.33

ACCOUNTS, NOTES AND OTHER REC37

ACCOUNTS, NOTES AND OTHER RECEIVABLES (Tables)	12 Months Ended
	Dec. 31, 2016
Accounts, Notes And Other Receivables [Abstract]
Schedule of trade, notes, and other receivables	December 31, 2016 2015 Trade $ 8,449 $ 7,901 Other 674 436 9,123 8,337 Less - Allowance for doubtful accounts (305) (262) $ 8,818 $ 8,075

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Dec. 31, 2016
Inventories [Abstract]
Inventories	December 31, 2016 2015 Raw materials $ 1,104 $ 1,120 Work in process 775 826 Finished products 2,552 2,590 4,431 4,536 Reduction to LIFO cost basis (65) (116) $ 4,366 $ 4,420

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2016
Property Plant And Equipment [Abstract]
Plant, property and equipment	December 31, 2016 2015 Land and improvements $ 363 $ 367 Machinery and equipment 9,956 10,505 Buildings and improvements 3,248 3,188 Construction in progress 940 848 14,507 14,908 Less—Accumulated depreciation (8,714) (9,119) $ 5,793 $ 5,789

GOODWILL AND OTHER INTANGIBLE40

GOODWILL AND OTHER INTANGIBLES-NET (Tables)	12 Months Ended
	Dec. 31, 2016
Goodwill And Other Intangible Assets, Net (Tables) [Abstract]
Carrying amount of goodwill	Currency December 31, Acquisitions/ Translation December 31, 2015 Divestitures Adjustment 2016 Aerospace $ 2,296 $ 169 $ (24) $ 2,441 Home and Building Technologies 6,438 820 (156) 7,102 Performance Materials and Technologies 3,771 (110) (32) 3,629 Safety and Productivity Solutions 3,390 1,182 (37) 4,535 $ 15,895 $ 2,061 $ (249) $ 17,707
Acquired Finite-Lived Intangible Assets [Table Text Block]	Other intangible assets are comprised of: December 31, 2016 December 31, 2015 Gross Net Gross Net Carrying Accumulated Carrying Carrying Accumulated Carrying Amount Amortization Amount Amount Amortization Amount Determinable life intangibles: Patents and technology $ 1,841 $ (1,141) $ 700 $ 1,688 $ (1,061) $ 627 Customer relationships 3,816 (1,098) 2,718 3,558 (942) 2,616 Trademarks 284 (156) 128 230 (131) 99 Other 359 (284) 75 323 (264) 59 6,300 (2,679) 3,621 5,799 (2,398) 3,401 Indefinite life intangibles: Trademarks 1,013 - 1,013 1,176 - 1,176 $ 7,313 $ (2,679) $ 4,634 $ 6,975 $ (2,398) $ 4,577
Acquired Indefinite-Lived Intangible Assets [Table Text Block]	Other intangible assets are comprised of: December 31, 2016 December 31, 2015 Gross Net Gross Net Carrying Accumulated Carrying Carrying Accumulated Carrying Amount Amortization Amount Amount Amortization Amount Determinable life intangibles: Patents and technology $ 1,841 $ (1,141) $ 700 $ 1,688 $ (1,061) $ 627 Customer relationships 3,816 (1,098) 2,718 3,558 (942) 2,616 Trademarks 284 (156) 128 230 (131) 99 Other 359 (284) 75 323 (264) 59 6,300 (2,679) 3,621 5,799 (2,398) 3,401 Indefinite life intangibles: Trademarks 1,013 - 1,013 1,176 - 1,176 $ 7,313 $ (2,679) $ 4,634 $ 6,975 $ (2,398) $ 4,577

ACCRUED LIABILITIES (Tables)

ACCRUED LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2016
Accrued Liabilities Current (Tables) [Abstract]
Accrued liabilities	December 31, 2016 2015 Customer advances and deferred income $ 2,151 $ 1,863 Compensation, benefit and other employee related 1,489 1,460 Asbestos related liabilities 546 292 Repositioning 322 335 Product warranties and performance guarantees 351 355 Environmental costs 252 253 Income taxes 430 201 Accrued interest 97 97 Other taxes 290 266 Insurance 172 205 Other (primarily operating expenses) 948 950 $ 7,048 $ 6,277

LONG-TERM DEBT AND CREDIT AGR42

LONG-TERM DEBT AND CREDIT AGREEMENTS (Tables)	12 Months Ended
	Dec. 31, 2016
Long Term Debt And Credit Agreements Tables [Abstract]
Long-Term Debt and Credit Agreements	December 31, 2016 2015 5.40% notes due 2016 $ - $ 400 5.30% notes due 2017 - 400 Floating rate Euro notes due 2018 1,054 - 5.30% notes due 2018 - 900 5.00% notes due 2019 - 900 1.40% notes due 2019 1,250 - Floating rate notes due 2019 250 - 0.65% Euro notes due 2020 1,054 - 4.25% notes due 2021 800 800 1.85% notes due 2021 1,500 - 1.30% Euro notes due 2023 1,317 - 3.35% notes due 2023 300 300 2.50% notes due 2026 1,500 - 2.25% Euro notes due 2028 790 - 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), 0.7%-8.2% maturing at various dates through 2023 547 384 12,409 6,131 Less: current portion (227) (577) $ 12,182 $ 5,554
Principal Payments on Long-Term Debt	The schedule of principal payments on long-term debt is as follows: December 31, 2016 2017 $ 227 2018 1,122 2019 1,550 2020 1,299 2021 2,312 Thereafter 5,899 12,409 Less-current portion (227) $ 12,182

LEASE COMMITMENTS (Tables)

LEASE COMMITMENTS (Tables)	12 Months Ended
	Dec. 31, 2016
Lease Commitments [Abstract]
Lease commitments	At December 31, 2016 2017 $ 289 2018 216 2019 158 2020 110 2021 94 Thereafter 256 $ 1,123

FINANCIAL INSTRUMENTS AND FAI44

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES (Tables)	12 Months Ended
	Dec. 31, 2016
Financial Instruments And Fair Value Measures [Abstract]
Schedule Of Fair Value Assets And Liabilities Measured On Recurring Basis Table Text Block	December 31, 2016 2015 Assets: Foreign currency exchange contracts $ 152 $ 28 Available for sale investments 1,670 1,501 Interest rate swap agreements 69 92 Liabilities: Foreign currency exchange contracts $ 2 $ 17 Interest rate swap agreements 48 -
Financial assets and liabilities that were not carried at fair value	December 31, 2016 December 31, 2015 Carrying Fair Carrying Fair Value Value Value Value Assets Long-term receivables $ 280 $ 273 $ 292 $ 283 Liabilities Long-term debt and related current maturities $ 12,409 $ 13,008 $ 6,131 $ 6,721

OTHER LIABILITIES (Tables)

OTHER LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2016
Other Liabilities Current (Tables) [Abstract]
Other liabilities	Years Ended December 31, 2016 2015 Pension and other employee related $ 2,084 $ 2,461 Income taxes 1,041 1,009 Environmental 259 265 Insurance 253 257 Asset retirement obligations 63 65 Deferred income 81 99 Other 329 192 $ 4,110 $ 4,348

ACCUMULATED OTHER COMPREHENSI46

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Dec. 31, 2016
Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated other comprehensive income (loss)	Pretax Tax After Tax Year Ended December 31, 2016 Foreign exchange translation adjustment $ (52) $ - $ (52) Pensions and other postretirement benefit adjustments (336) 101 (235) Changes in fair value of effective cash flow hedges 134 (26) 108 $ (254) $ 75 $ (179) Year Ended December 31, 2015 Foreign exchange translation adjustment $ (1,152) $ - $ (1,152) Pensions and other postretirement benefit adjustments 129 (45) 84 Changes in fair value of effective cash flow hedges (11) 3 (8) $ (1,034) $ (42) $ (1,076) Year Ended December 31, 2014 Foreign exchange translation adjustment $ (1,044) $ - $ (1,044) Pensions and other postretirement benefit adjustments (1,707) 624 (1,083) Changes in fair value of available for sale investments (246) 76 (170) Changes in fair value of effective cash flow hedges 24 (4) 20 $ (2,973) $ 696 $ (2,277) Components of Accumulated Other Comprehensive Income (Loss) December 31, 2016 2015 Cumulative foreign exchange translation adjustment $ (1,944) $ (1,892) Pensions and other postretirement benefit adjustments (879) (644) Fair value of available for sale investments - - Fair value of effective cash flow hedges 109 1 $ (2,714) $ (2,535) Changes in Accumulated Other Comprehensive Income (Loss) by Component Changes in Foreign Pension Fair Value of Exchange and Other Effective Translation Postretirement Cash Flow Adjustment Adjustments Hedges Total Balance at December 31, 2014 $ (740) $ (728) $ 9 $ (1,459) Other comprehensive income (loss) before reclassifications (1,152) 23 91 (1,038) Amounts reclassified from accumulated other comprehensive income (loss) - 61 (99) (38) Net current period other comprehensive income (loss) (1,152) 84 (8) (1,076) Balance at December 31, 2015 $ (1,892) $ (644) $ 1 $ (2,535) Other comprehensive income (loss) before reclassifications (52) (388) 103 (337) Amounts reclassified from accumulated other comprehensive income - 153 5 158 Net current period other comprehensive income (loss) (52) (235) 108 (179) Balance at December 31, 2016 $ (1,944) $ (879) $ 109 $ (2,714)
Reclassification Out Of Accumulated Other Comprehensive Income [Table Text Block]	Reclassifications Out of Accumulated Other Comprehensive Income (Loss) Year Ended December 31, 2016 Affected Line in the Consolidated Statement of Operations Product Sales Cost of Products Sold Cost of Services Sold Selling, General and Administrative Expenses Total Amortization of Pension and Other Postretirement Items: Actuarial losses recognized $ - $ 214 $ 44 $ 46 $ 304 Prior service (credit) recognized - (87) (18) (18) (123) Settlements and curtailments - (4) (1) (1) (6) Losses (gains) on cash flow hedges 3 16 3 (5) 17 Total before tax $ 3 $ 139 $ 28 $ 22 $ 192 Tax expense (benefit) (34) Total reclassifications for the period, net of tax $ 158 Year Ended December 31, 2015 Affected Line in the Consolidated Statement of Operations Product Sales Cost of Products Sold Cost of Services Sold Selling, General and Administrative Expenses Total Amortization of Pension and Other Postretirement Items: Actuarial losses recognized $ - $ 78 $ 16 $ 17 $ 111 Prior service (credit) recognized - (14) (3) (3) (20) Settlements and curtailments - 2 - - 2 Losses (gains) on cash flow hedges (17) (73) (17) (2) (109) Total before tax $ (17) $ (7) $ (4) $ 12 $ (16) Tax expense (benefit) (22) Total reclassifications for the period, net of tax $ (38)

STOCK-BASED COMPENSATION PLANS

STOCK-BASED COMPENSATION PLANS (Tables)	12 Months Ended
	Dec. 31, 2016
Stock Based Compensation Plans [Abstract]
Share based compensation fair value assumptions	Years Ended December 31, 2016 2015 2014 Weighted average fair value per share of options granted during the year (1) $ 15.59 $ 17.21 $ 16.35 Assumptions: Expected annual dividend yield 2.92 % 1.98 % 2.05 % Expected volatility 23.07 % 21.55 % 23.06 % Risk-free rate of return 1.29 % 1.61 % 1.48 % Expected option term (years) 4.97 4.96 4.99 (1) Estimated on date of grant using Black-Scholes option-pricing model.
Stock Options Activity	Weighted Average Number of Exercise Options Price Outstanding at December 31, 2013 30,663,837 $ 53.27 Granted 5,823,706 93.95 Exercised (5,697,263) 47.47 Lapsed or canceled (1,294,668) 67.70 Outstanding at December 31, 2014 29,495,612 61.80 Granted 5,967,256 103.87 Exercised (4,190,298) 53.40 Lapsed or canceled (703,132) 84.31 Outstanding at December 31, 2015 30,569,438 70.76 Granted 6,281,053 103.51 Exercised (7,075,852) 57.41 Lapsed or canceled (1,107,339) 96.81 Outstanding at December 31, 2016 28,667,300 $ 79.57 Vested and expected to vest at December 31, 2016 (1) 27,067,969 $ 78.14 Exercisable at December 31, 2016 15,536,961 $ 63.39 (1) Represents the sum of vested options of 15.5 million and expected to vest options of 11.6 million. Expected to vest options are derived by applying the pre-vesting forfeiture rate assumption to total outstanding unvested options of 13.4 million.
Schedule of share based compensation by price ranges	Options Outstanding Options Exercisable Weighted Weighted Weighted Average Aggregate Average Aggregate Range of Number Average Exercise Intrinsic Number Exercise Intrinsic Exercise prices Outstanding Life (1) Price Value Exercisable Price Value $28.19-$49.99 3,235,333 2.72 $ 35.33 $ 260 3,235,333 $ 35.33 $ 260 $50.00-$64.99 6,627,010 4.16 58.12 383 6,627,010 58.12 383 $65.00-$75.00 3,565,255 6.16 69.54 165 2,420,333 69.55 112 $90.00-$99.99 4,244,518 7.16 93.42 95 1,927,354 93.42 43 $100.00-$116.28 10,995,184 8.70 103.42 137 1,326,931 103.27 17 28,667,300 6.43 79.57 $ 1,040 15,536,961 63.39 $ 815 (1) Average remaining contractual life in years.
Financial Statement Impact From Stock Options Exercised	Years Ended December 31, Options Exercised 2016 2015 2014 Intrinsic value (1) $ 395 $ 210 $ 272 Tax benefit realized 137 73 96 (1) Represents the amount by which the stock price exceeded the exercise price of the options on the date of exercise.
Restricted stock units activity	Weighted Average Number of Grant Date Restricted Fair Value Stock Units Per Share Non-vested at December 31, 2013 6,692,220 $ 60.04 Granted 1,455,209 94.88 Vested (1,787,894) 53.63 Forfeited (460,341) 63.54 Non-vested at December 31, 2014 5,899,194 70.32 Granted 1,190,406 103.04 Vested (1,681,342) 56.38 Forfeited (426,670) 77.73 Non-vested at December 31, 2015 4,981,588 82.18 Granted 1,364,469 110.49 Vested (1,486,173) 68.58 Forfeited (392,541) 88.88 Non-vested at December 31, 2016 4,467,343 $ 94.17
Income Statement Impact from RSUs	Years Ended December 31, 2016 2015 2014 Compensation expense $ 97 $ 97 $ 102 Future income tax benefit recognized 30 29 37

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2016
Commitments And Contingencies [Abstract]
Loss Contingency	Years Ended December 31, 2016 2015 2014 Beginning of year $ 518 $ 591 $ 643 Accruals for environmental matters deemed probable and reasonably estimable 195 194 268 Environmental liability payments (228) (273) (321) Other 26 6 1 End of year $ 511 $ 518 $ 591
Environmental liabilities are included in the following balance sheet accounts:	Environmental liabilities are included in the following balance sheet accounts: December 31, 2016 2015 Accrued liabilities $ 252 $ 253 Other liabilities 259 265 $ 511 $ 518
Asbestos Related Liabilities	Asbestos Related Liabilities Year Ended December 31, Year Ended December 31, Year Ended December 31, 2016 2015 2014 Bendix NARCO Total Bendix NARCO Total Bendix NARCO Total Beginning of year $ 622 $ 921 $ 1,543 $ 623 $ 929 $ 1,552 $ 656 $ 955 $ 1,611 Accrual for update to estimated liability 203 9 212 180 8 188 195 4 199 Change in estimated cost of future claims 13 - 13 11 - 11 (1) - (1) Update of expected resolution values for pending claims 4 - 4 1 - 1 2 - 2 Asbestos related liability payments (201) (11) (212) (193) (16) (209) (229) (30) (259) End of year $ 641 $ 919 $ 1,560 $ 622 $ 921 $ 1,543 $ 623 $ 929 $ 1,552
Insurance Recoveries for Asbestos Related Liabilities	Insurance Recoveries for Asbestos Related Liabilities Year Ended December 31, Year Ended December 31, Year Ended December 31, 2016 2015 2014 Bendix NARCO Total Bendix NARCO Total Bendix NARCO Total Beginning of year $ 124 $ 325 $ 449 $ 135 $ 350 $ 485 $ 141 $ 531 $ 672 Probable insurance recoveries related to estimated liability 26 - 26 21 - 21 24 - 24 Insurance receipts for asbestos related liabilities (37) (6) (43) (33) (30) (63) (24) (187) (211) Insurance receivables settlements and write offs 7 - 7 1 6 7 (6) 7 1 Other 1 - 1 - (1) (1) - (1) (1) End of year $ 121 $ 319 $ 440 $ 124 $ 325 $ 449 $ 135 $ 350 $ 485
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: December 31, 2016 2015 Other current assets $ 23 $ 23 Insurance recoveries for asbestos related liabilities 417 426 $ 440 $ 449 Accrued liabilities $ 546 $ 292 Asbestos related liabilities 1,014 1,251 $ 1,560 $ 1,543
The following tables present information regarding Bendix related asbestos claims activity	Years Ended December 31, Claims Activity 2016 2015 Claims Unresolved at the beginning of year 7,779 9,267 Claims Filed 2,830 2,862 Claims Resolved (2,885) (4,350) Claims Unresolved at the end of year 7,724 7,779
Disease distribution of claims	December 31, Disease Distribution of Unresolved Claims 2016 2015 Mesothelioma and Other Cancer Claims 3,490 3,772 Nonmalignant Claims 4,234 4,007 Total Claims 7,724 7,779
Average resolution values per asbestos claim	Honeywell has experienced average resolution values per claim excluding legal costs as follows: Years Ended December 31, 2016 2015 2014 2013 2012 (in whole dollars) Malignant claims $ 44,000 $ 44,000 $ 53,500 $ 51,000 $ 49,000 Nonmalignant claims $ 4,485 $ 100 $ 120 $ 850 $ 1,400
Movement In Standard Product Warranty Rollforward And Balances	Years Ended December 31, 2016 2015 2014 Beginning of year $ 416 $ 403 $ 405 Accruals for warranties/guarantees issued during the year 326 206 225 Adjustment of pre-existing warranties/guarantees (40) 13 (34) Settlement of warranty/guarantee claims (215) (206) (193) End of year $ 487 $ 416 $ 403 Product warranties and product performance guarantees are included in the following balance sheet accounts: December 31, 2016 2015 Accrued liabilities $ 351 $ 355 Other liabilities 136 61 $ 487 $ 416

PENSION AND OTHER POSTRETIREM49

PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)	12 Months Ended
	Dec. 31, 2016
Pension And Other Postretirement Benefits (Tables) [Abstract]
Defined Benefit Plans Disclosure	Pension Benefits U.S. Plans Non-U.S. Plans 2016 2015 2016 2015 Change in benefit obligation: Benefit obligation at beginning of year $ 17,298 $ 18,035 $ 6,338 $ 5,761 Service cost 191 223 47 51 Interest cost 600 696 179 177 Plan amendments - (429) - - Actuarial (gains) losses 448 (269) 1,125 (178) Acquisitions - 61 6 1,137 Benefits paid (1,135) (1,027) (243) (199) Settlements and curtailments - - (50) (11) Foreign currency translation - - (930) (417) Other 12 8 11 17 Benefit obligation at end of year 17,414 17,298 6,483 6,338 Change in plan assets: Fair value of plan assets at beginning of year 16,349 17,066 6,117 5,333 Actual return on plan assets 1,554 233 1,006 154 Company contributions 36 34 186 147 Acquisitions - 43 - 1,036 Benefits paid (1,135) (1,027) (243) (199) Foreign currency translation - - (957) (361) Other 10 - 11 7 Fair value of plan assets at end of year 16,814 16,349 6,120 6,117 Funded status of plans $ (600) $ (949) $ (363) $ (221) Amounts recognized in Consolidated Balance Sheet consist of: Prepaid pension benefit cost (1) $ - $ - $ 380 $ 427 Accrued pension liabilities - current (2) (106) (51) (11) (7) Accrued pension liabilities - noncurrent (3) (494) (898) (732) (641) Net amount recognized $ (600) $ (949) $ (363) $ (221) (1) Included in Other assets on Consolidated Balance Sheet (2) Included in Accrued liabilities on Consolidated Balance Sheet (3) Included in Other liabilities - noncurrent on Consolidated Balance Sheet Other Postretirement Benefits 2016 2015 Change in benefit obligation: Benefit obligation at beginning of year $ 569 $ 973 Service cost - - Interest cost 20 33 Plan amendments (1) 27 (290) Actuarial (gains) losses (31) (55) Benefits paid (93) (92) Benefit obligation at end of year 492 569 Change in plan assets: Fair value of plan assets at beginning of year - - Actual return on plan assets - - Company contributions - - Benefits paid - - Fair value of plan assets at end of year - - Funded status of plans $ (492) $ (569) Amounts recognized in Consolidated Balance Sheet consist of: Accrued liabilities $ (62) $ (85) Postretirement benefit obligations other than pensions (2) (430) (484) Net amount recognized $ (492) $ (569) (1) In 2015, elimination of retiree medical insurance coverage for certain retirees. Amount recognized as part of net postretirement benefit cost over the expected future lifetime of the remaining participants in the plan. (2) Excludes non-U.S. plans of $43 million and $42 million in 2016 and 2015.
Other Changes in Plan Assets Recognized in Other Comprehensive Income	Pension Benefits U.S. Plans Non-U.S. Plans 2016 2015 2016 2015 Prior service (credit) $ (312) $ (355) $ (11) $ (22) Net actuarial loss 1,099 1,005 582 464 Net amount recognized $ 787 $ 650 $ 571 $ 442 Other Postretirement Benefits 2016 2015 Prior service (credit) $ (393) $ (496) Net actuarial loss 136 189 Net amount recognized $ (257) $ (307)
Net Periodic Benefit Cost	Pension Benefits U.S. Plans Non-U.S. Plans Net Periodic Benefit Cost 2016 2015 2014 2016 2015 2014 Service cost $ 191 $ 223 $ 241 $ 47 $ 51 $ 56 Interest cost 600 696 771 179 177 231 Expected return on plan assets (1,226) (1,278) (1,257) (377) (358) (354) Amortization of transition obligation - - - - 1 2 Amortization of prior service (credit) cost (43) 13 23 (3) (3) (2) Recognition of actuarial losses 27 52 26 246 15 223 Settlements and curtailments - 8 - (7) 2 - Net periodic benefit (income) cost $ (451) $ (286) $ (196) $ 85 $ (115) $ 156 Other Changes in Plan Assets and Benefits Obligations Recognized in U.S. Plans Non-U.S. Plans Other Comprehensive (Income) Loss 2016 2015 2014 2016 2015 2014 Actuarial losses $ 121 $ 775 $ 1,686 $ 447 $ 27 $ 333 Prior service (credit) - (429) - - - (17) Transition obligation recognized during year - - - - (1) (2) Prior service (cost) credit recognized during year 43 (13) (23) 10 3 2 Actuarial losses recognized during year (27) (52) (26) (246) (17) (223) Foreign currency translation - - - (83) (37) (50) Total recognized in other comprehensive (income) loss $ 137 $ 281 $ 1,637 $ 128 $ (25) $ 43 Total recognized in net periodic benefit (income) cost and other comprehensive (income) loss $ (314) $ (5) $ 1,441 $ 213 $ (140) $ 199 Other Postretirement Benefits Years Ended December 31, Net Periodic Benefit Cost 2016 2015 2014 Service cost $ - $ - $ - Interest cost 20 33 42 Amortization of prior service (credit) (76) (30) (20) Recognition of actuarial losses 22 34 24 Net periodic benefit (income) cost $ (34) $ 37 $ 46 Years Ended December 31, Other Changes in Plan Assets and Benefits Obligations 2016 2015 2014 Recognized in Other Comprehensive (Income) Loss Actuarial (gains) losses $ (31) $ (55) $ 46 Prior service cost (credit) 27 (290) (87) Prior service credit recognized during year 76 30 20 Actuarial losses recognized during year (22) (34) (24) Total recognized in other comprehensive (income) loss $ 50 $ (349) $ (45) Total recognized in net periodic benefit cost and other comprehensive (income) loss $ 16 $ (312) $ 1
Assumptions Used in Calculations	Pension Benefits U.S. Plans Non-U.S. Plans 2016 2015 2014 2016 2015 2014 Actuarial assumptions used to determine benefit obligations as of December 31: Discount rate 4.20 % 4.46 % 4.08 % 2.51 % 3.49 % 3.26 % Expected annual rate of compensation increase 4.50 % 4.48 % 4.50 % 2.17 % 2.11 % 2.53 % Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31: Discount rate - benefit obligation 4.46 % 4.08 % 4.89 % 3.49 % 3.26 % 4.29 % Discount rate - service cost 4.69 % N/A N/A 2.92 % N/A N/A Discount rate - interest cost 3.59 % N/A N/A 3.07 % N/A N/A Expected rate of return on plan assets 7.75 % 7.75 % 7.75 % 6.65 % 6.94 % 6.96 % Expected annual rate of compensation increase 4.48 % 4.50 % 4.50 % 2.11 % 2.53 % 2.81 % Other Postretirement Benefits 2016 2015 2014 Actuarial assumptions used to determine benefit obligations as of December 31: Discount rate 3.65 % 3.80 % 3.45 % Actuarial assumptions used to determine net periodic benefit cost for years ended December 31: Discount rate 3.80 % 3.45 % 4.05 %
Accumulated Benefit Obligations in Excess of Plan Assets	December 31, U.S. Plans Non-U.S. Plans 2016 2015 2016 2015 Projected benefit obligation $17,414 $17,298 $2,294 $1,624 Accumulated benefit obligation $17,263 $16,899 $2,220 $1,574 Fair value of plan assets $16,814 $16,349 $1,552 $976
Fair Value of Plan Assets	U.S. Plans December 31, 2016 Total Level 1 Level 2 Level 3 Equities: Honeywell common stock $ 2,140 $ 2,140 $ - $ - U.S. equities 3,583 3,583 - - Non-U.S. equities 2,069 2,037 32 - Real estate investment trusts 203 203 - - Fixed income: Short term investments 1,306 1,306 - - Government securities 305 - 305 - Corporate bonds 4,366 - 4,366 - Mortgage/Asset-backed securities 617 - 617 - Insurance contracts 7 - 7 - Direct investments: Direct private investments 609 - - 609 Real estate properties 664 - - 664 Total 15,869 $ 9,269 $ 5,327 $ 1,273 Investments measured at NAV : Private funds 815 Real estate funds 110 Hedge funds 20 Total assets at fair value $ 16,814 U.S. Plans December 31, 2015 Total Level 1 Level 2 Level 3 Equities: Honeywell common stock $ 1,916 $ 1,916 $ - $ - U.S. equities 4,572 4,572 - - Non-U.S. equities 2,099 1,943 156 - Real estate investment trusts 209 209 - - Fixed income: Short term investments 1,332 1,332 - - Government securities 425 - 425 - Corporate bonds 3,003 - 3,003 - Mortgage/Asset-backed securities 561 - 561 - Insurance contracts 7 - 7 - Direct investments: Direct private investments 535 - - 535 Real estate properties 626 - - 626 Total 15,285 $ 9,972 $ 4,152 $ 1,161 Investments measured at NAV : Private funds 889 Real estate funds 156 Hedge funds 19 Total assets at fair value $ 16,349 Non-U.S. Plans December 31, 2016 Total Level 1 Level 2 Level 3 Equities: U.S. equities $ 650 $ 525 $ 125 $ - Non-U.S. equities 2,153 219 1,934 - Fixed income: Short-term investments 146 146 - - Government securities 1,530 - 1,530 - Corporate bonds 1,220 - 1,220 - Mortgage/Asset-backed securities 18 - 18 - Insurance contracts 152 - 152 - Investments in private funds: Private funds 42 - 19 23 Real estate funds 124 - - 124 Total 6,035 $ 890 $ 4,998 $ 147 Investments measured at NAV : Private funds 33 Real estate funds 52 Total assets at fair value $ 6,120 Non-U.S. Plans December 31, 2015 Total Level 1 Level 2 Level 3 Equities: U.S. equities $ 569 $ 479 $ 90 $ - Non-U.S. equities 2,200 228 1,972 - Fixed income: Short-term investments 108 105 3 - Government securities 1,621 - 1,621 - Corporate bonds 1,073 - 1,073 - Mortgage/Asset-backed securities 94 - 94 - Insurance contracts 170 - 170 - Investments in private funds: Private funds 10 - - 10 Real estate funds 152 - - 152 Total 5,997 $ 812 $ 5,023 $ 162 Investments measured at NAV : Private funds 51 Real estate funds 69 Total assets at fair value $ 6,117
Changes in Fair Value of Level 3 Plan Assets	U.S. Plans Non-U.S. Plans Direct Private Real Estate Private Real Estate Investments Properties Funds Funds Balance at December 31, 2014 $ 301 $ 600 $ 4 $ 100 Actual return on plan assets: Relating to assets still held at year-end 47 16 - 5 Relating to assets sold during the year 21 14 - - Purchases 242 16 10 51 Sales and settlements (76) (20) (4) (4) Balance at December 31, 2015 535 626 10 152 Actual return on plan assets: Relating to assets still held at year-end (42) 11 1 (22) Relating to assets sold during the year 28 7 - (1) Purchases 141 48 12 - Sales and settlements (53) (28) - (5) Balance at December 31, 2016 $ 609 $ 664 $ 23 $ 124
Estimated Future Benefit Payments	U.S. Plans Non-U.S. Plans 2017 $ 1,217 $ 223 2018 1,136 225 2019 1,147 231 2020 1,158 238 2021 1,167 244 2022-2026 5,838 1,323
Assumed Health Care Cost Trend Rates	December 31, 2016 2015 Assumed health care cost trend rate: Health care cost trend rate assumed for next year 6.50 % 7.00 % Rate that the cost trend rate gradually declines to 5.00 % 5.00 % Year that the rate reaches the rate it is assumed to remain at 2023 2023
Effect of One Percentage Point Change	1 percentage point Increase Decrease Effect on total of service and interest cost components $ 1 $ (1) Effect on postretirement benefit obligation $ 25 $ (18)
Schedule Of Benefit Payments Reflecting Expected Future Service [Table Text Block]	Benefit payments reflecting expected future service, as appropriate, are expected to be paid as follows: Without Impact of Net of Medicare Subsidy Medicare Subsidy 2017 $ 67 $ 62 2018 62 57 2019 57 53 2020 52 48 2021 48 44 2022-2026 156 141

SEGMENT FINANCIAL DATA (Tables)

SEGMENT FINANCIAL DATA (Tables)	12 Months Ended
	Dec. 31, 2016
Segment Financial Data [Abstract]
Segment Financial Data	Years Ended December 31, Net Sales 2016 2015 2014 Aerospace Product $ 9,926 $ 10,379 $ 10,773 Service 4,825 4,858 4,825 Total 14,751 15,237 15,598 Home and Building Technologies Product 9,374 7,985 8,267 Service 1,280 1,176 1,218 Total 10,654 9,161 9,485 Performance Materials and Technologies Product 7,601 7,674 8,662 Service 1,671 1,801 1,815 Total 9,272 9,475 10,477 Safety and Productivity Solutions Product 4,461 4,657 4,696 Service 164 51 50 Total 4,625 4,708 4,746 $ 39,302 $ 38,581 $ 40,306 Depreciation and amortization Aerospace $ 275 $ 267 $ 277 Home and Building Technologies 192 101 114 Performance Materials and Technologies 314 285 292 Safety and Productivity Solutions 188 173 184 Corporate 61 57 57 $ 1,030 $ 883 $ 924 Segment Profit Aerospace $ 2,991 $ 3,218 $ 2,915 Home and Building Technologies 1,683 1,512 1,455 Performance Materials and Technologies 2,050 1,990 1,876 Safety and Productivity Solutions 680 746 686 Corporate (218) (210) (236) $ 7,186 $ 7,256 $ 6,696 Capital expenditures Aerospace $ 331 $ 314 $ 315 Home and Building Technologies 110 103 83 Performance Materials and Technologies 455 481 538 Safety and Productivity Solutions 55 47 61 Corporate 144 128 97 $ 1,095 $ 1,073 $ 1,094 December 31, Total Assets 2016 2015 2014 Aerospace $ 11,426 $ 11,235 $ 11,151 Home and Building Technologies 13,201 13,950 9,857 Performance Materials and Technologies 13,026 11,699 9,805 Safety and Productivity Solutions 8,951 7,006 7,228 Corporate 7,542 5,426 7,410 $ 54,146 $ 49,316 $ 45,451
Reconciliation of Operating Profit Loss From Segments to Consolidated	A reconciliation of segment profit to consolidated income from continuing operations before taxes are as follows: Years Ended December 31, 2016 2015 2014 Segment Profit $ 7,186 $ 7,256 $ 6,696 Other income (expense) (1) 71 38 269 Interest and other financial charges (338) (310) (318) Stock compensation expense (2) (184) (175) (187) Pension ongoing income (expense) (2) 601 430 254 Pension mark-to-market expense (2) (273) (67) (249) Other postretirement income (expense) (2) 32 (40) (49) Repositioning and other charges (2) (648) (546) (598) Income from continuing operations before taxes $ 6,447 $ 6,586 $ 5,818 (1) Equity income (loss) of affiliated companies is included in Segment Profit. (2) Amounts included in cost of products and services sold and selling, general and administrative expenses.

GEOGRAPHIC AREAS FINANCIAL DA51

GEOGRAPHIC AREAS FINANCIAL DATA (Tables)	12 Months Ended
	Dec. 31, 2016
Geographic Areas Financial Data [Abstract]
Geographic Areas Financial Data	Net Sales (1) Long-lived Assets (2) Years Ended December 31, December 31, 2016 2015 2014 2016 2015 2014 United States $ 22,652 $ 23,771 $ 23,911 $ 3,744 $ 3,939 $ 3,612 Europe 9,966 8,674 9,870 741 746 741 Other International 6,684 6,136 6,525 1,308 1,104 1,030 $ 39,302 $ 38,581 $ 40,306 $ 5,793 $ 5,789 $ 5,383 (1) Sales between geographic areas approximate market and are not significant. Net sales are classified according to their country of origin. Included in United States net sales are export sales of $5,290 million, $5,526 million and $5,647 million in 2016, 2015 and 2014. (2) Long-lived assets are comprised of property, plant and equipment - net.

SUPPLEMENTAL CASH FLOW INFORM52

SUPPLEMENTAL CASH FLOW INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2016
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	Years Ended December 31, 2016 2015 2014 Payments for repositioning and other charges: Severance and exit cost payments $ (228) $ (118) $ (161) Environmental payments (228) (273) (321) Insurance receipts for asbestos related liabilities 43 63 211 Asbestos related liability payments (212) (209) (259) $ (625) $ (537) $ (530) Interest paid, net of amounts capitalized $ 329 $ 310 $ 312 Income taxes paid, net of refunds 1,142 1,192 1,142 Non-cash investing and financing activities: Common stock contributed to savings plans 168 174 168 Marketable securities contributed to non-U.S. pension plans 106 109 117

UNAUDITED QUARTERLY FINANCIAL53

UNAUDITED QUARTERLY FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2016
Unaudited Quarterly Financial Information [Abstract]
Schedule Of Quarterly Financial Information Table Text Block	2016 Mar. 31 June 30 Sept. 30 Dec. 31 Year Net Sales $ 9,522 $ 9,991 $ 9,804 $ 9,985 $ 39,302 Gross Profit 2,975 3,170 2,901 3,106 12,152 Net income attributable to Honeywell 1,216 1,319 1,240 1,034 4,809 Earnings per share - basic 1.58 1.73 1.62 1.36 6.29 Earnings per share - assuming dilution 1.56 1.70 1.60 1.34 6.20 Dividends paid per share 0.5950 0.5950 0.5950 0.6650 2.45 Market Price per share High 113.23 117.32 119.88 118.09 119.88 Low 96.24 111.46 111.60 105.78 96.24 2015 Mar. 31 June 30 Sept. 30 Dec. 31 Year Net Sales $ 9,213 $ 9,775 $ 9,611 $ 9,982 $ 38,581 Gross Profit 2,851 2,961 2,957 3,065 11,834 Net income attributable to Honeywell 1,116 1,194 1,264 1,194 4,768 Earnings per share - basic 1.42 1.52 1.62 1.55 6.11 Earnings per share - assuming dilution 1.41 1.51 1.60 1.53 6.04 Dividends paid per share 0.5175 0.5175 0.5175 0.5950 2.15 Market Price per share High 101.76 104.17 104.29 101.65 104.29 Low 98.78 102.87 101.72 92.93 92.93

SUMMARY OF SIGNIFICANT ACCOUN54

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Significant Accounting Policies Other Details [Abstract]
Date of completion of goodwill impairment test	Mar. 31, 2016
Research and development expense	$ 2,143,000,000	$ 1,856,000,000	$ 1,892,000,000
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Excess tax benefits from share based payment arrangements	$ 0	$ 81,000,000	$ 102,000,000
Minimum [Member]
Other Assets With Determinable Lives [Line Items]
Finite Lived Intangible Assets Estimated Useful Lives	2 years
Maximum [Member]
Other Assets With Determinable Lives [Line Items]
Finite Lived Intangible Assets Estimated Useful Lives	24 years
Buildings and improvements [Member] | Minimum [Member]
Property Plant And Equipment Details [Line Items]
Property, plant and equipment, estimated useful lives	10 years
Buildings and improvements [Member] | Maximum [Member]
Property Plant And Equipment Details [Line Items]
Property, plant and equipment, estimated useful lives	50 years
Machinery and Equipment [Member] | Minimum [Member]
Property Plant And Equipment Details [Line Items]
Property, plant and equipment, estimated useful lives	2 years
Machinery and Equipment [Member] | Maximum [Member]
Property Plant And Equipment Details [Line Items]
Property, plant and equipment, estimated useful lives	16 years
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	$ 0.14
Excess tax benefits from share based payment arrangements	$ 127,000,000

ACQUISITIONS AND DIVESTITURES55

ACQUISITIONS AND DIVESTITURES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net [Abstract]
Goodwill	$ 17,707,000,000	$ 15,895,000,000
Divestiture/Spinoff [Abstract]
Proceeds From Divestiture Of Businesses	296,000,000	1,000,000	$ 160,000,000
Pretax gain on sale	178,000,000	(1,000,000)	(11,000,000)
AdvanSix pre-separation funding	269,000,000	0	0
AdvanSix pre-spin borrowing	$ 38,000,000	0	$ 0
AdvanSix Inc. (Formerly Resins and Chemicals Business) [Member]
Divestiture/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 Inc. or AdvanSix) to Honeywell shareowners. The assets and liabilities associated with AdvanSix have been removed from the Company’s 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. 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
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]
Divestiture/Spinoff [Abstract]
Proceeds From Divestiture Of Businesses	300,000,000
Pretax gain on sale	$ 176,000,000
Date of disposition	Sep. 16, 2016
Elster [Member]
Business Acquisition [Line Items]
Name of acquired entity	Elster Division of Melrose Industries plc
Effective date of acquisition	Dec. 29, 2015
Revenue reported for last annual period		1,670,000,000
Purchase price	$ 4,899,000,000
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net [Abstract]
Current assets	519,000,000
Intangible assets	2,163,000,000
Other noncurrent assets	193,000,000
Current liabilities	(566,000,000)
Noncurrent liabilities	(973,000,000)
Net assets acquired	1,336,000,000
Noncontrolling interest	(2,000,000)
Goodwill	3,565,000,000
Purchase price	$ 4,899,000,000
Elster [Member] | Minimum [Member]
Business Acquisition [Line Items]
Intangible assets weighted average useful life	1 year
Elster [Member] | Maximum [Member]
Business Acquisition [Line Items]
Intangible assets weighted average useful life	20 years
COM DEV International [Member]
Business Acquisition [Line Items]
Name of acquired entity	COM DEV International
Description of acquired entity	a leading satellite and space components provider
Effective date of acquisition	Feb. 29, 2016
Revenue reported for last annual period		159,000,000
Purchase price	$ 347,000,000
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net [Abstract]
Purchase price	$ 347,000,000
UOP Russell LLC [Member]
Business Acquisition [Line Items]
Name of acquired entity	UOP Russell LLC
Description of acquired entity	develops technology and manufactures modular equipment to process natural gas
Effective date of acquisition	Jan. 31, 2016
Remaining noncontrolling interest acquired (as a percentage)	30.00%
Purchase price	$ 240,000,000
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net [Abstract]
Purchase price	240,000,000
Total Acquisitions [Member]
Business Acquisition [Line Items]
Purchase price	2,538,000,000	5,244,000,000
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net [Abstract]
Purchase price	$ 2,538,000,000	$ 5,244,000,000
Xtralis International Holdings Limited
Business Acquisition [Line Items]
Name of acquired entity	Xtralis International Holdings Limited
Description of acquired entity	a leading global provider of aspiration smoke detection and perimeter security technologies
Effective date of acquisition	Apr. 1, 2016
Purchase price	$ 515,000,000
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net [Abstract]
Purchase price	$ 515,000,000
Intelligrated [Member]
Business Acquisition [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
Purchase price	$ 1,488,000,000
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net [Abstract]
Goodwill	1,129,000,000
Purchase price	$ 1,488,000,000

REPOSITIONING AND OTHER CHARG56

REPOSITIONING AND OTHER CHARGES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	$ 260,000,000	$ 163,000,000	$ 146,000,000
Asbestos related litigation charges, net of insurance	222,000,000	189,000,000	182,000,000
Probable and reasonably estimable environmental liabilities	195,000,000	194,000,000	268,000,000
Other	18,000,000	0	2,000,000
Total net repositioning and other charges	695,000,000	546,000,000	598,000,000
Severance Costs [Member]
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	283,000,000	197,000,000	156,000,000
Tangible And Intangible Asset Impairments [Member]
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	43,000,000	13,000,000	12,000,000
Exit Costs [Member]
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	43,000,000	6,000,000	16,000,000
Reserve Adjustments [Member]
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	$ (109,000,000)	$ (53,000,000)	$ (38,000,000)

REPOSITIONING AND OTHER CHARG57

REPOSITIONING AND OTHER CHARGES 2 (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	$ 695,000,000	$ 546,000,000	$ 598,000,000
Cost of products and services sold [Member]
Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	522,000,000	483,000,000	525,000,000
Selling, general and administrative expenses [Member]
Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	126,000,000	63,000,000	73,000,000
Other (Income) Expense [Member]
Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	$ 47,000,000	$ 0	$ 0

REPOSITIONING AND OTHER CHARG58

REPOSITIONING AND OTHER CHARGES 3 (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	$ 695	$ 546	$ 598
Corporate [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	267	218	292
Aerospace [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	298	211	193
Home And Building Technologies [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	35	43	52
Performance Materials And Technologies [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	94	40	33
Safety And Productivity Solutions [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	$ 1	$ 34	$ 28

REPOSITIONING AND OTHER CHARG59

REPOSITIONING AND OTHER CHARGES 4 (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)Employees	Dec. 31, 2015USD ($)Employees	Dec. 31, 2014USD ($)Employees
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 260	$ 163	$ 146
Net repositioning and other charges Paragraph Details [Abstract]
Gross Repositioning Charge	$ 369	$ 216	$ 184
Number Of Employees Severed | Employees	6,585	6,405	2,975
Severance Costs [Member]
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 283	$ 197	$ 156
Tangible And Intangible Asset Impairments [Member]
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	43	13	12
Exit Costs [Member]
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	43	6	16
Reserve Adjustments [Member]
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	$ (109)	$ (53)	$ (38)

REPOSITIONING AND OTHER CHARG60

REPOSITIONING AND OTHER CHARGES 5 (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Restructuring Reserve [Line Items]
Balance at beginning of period,	$ 350,000,000	$ 315,000,000	$ 347,000,000
Charges	369,000,000	216,000,000	184,000,000
Usage (cash - Severance & Exit Costs)	(228,000,000)	(118,000,000)	(161,000,000)
Usage (non-Cash - Asset Impairment)	(49,000,000)	(13,000,000)	(12,000,000)
Acquisitions		16,000,000
Adjustments	(109,000,000)	(53,000,000)	(38,000,000)
Foreign currency translation	(2,000,000)	(13,000,000)	(5,000,000)
Balance at end of period,	331,000,000	350,000,000	315,000,000
Severance Costs [Member]
Restructuring Reserve [Line Items]
Balance at beginning of period,	329,000,000	285,000,000	302,000,000
Charges	283,000,000	197,000,000	156,000,000
Usage (cash - Severance & Exit Costs)	(203,000,000)	(109,000,000)	(135,000,000)
Usage (non-Cash - Asset Impairment)	(6,000,000)	0	0
Acquisitions		16,000,000
Adjustments	(106,000,000)	(49,000,000)	(33,000,000)
Foreign currency translation	1,000,000	(11,000,000)	(5,000,000)
Balance at end of period,	298,000,000	329,000,000	285,000,000
Tangible And Intangible Asset Impairments [Member]
Restructuring Reserve [Line Items]
Balance at beginning of period,	0	0	0
Charges	43,000,000	13,000,000	12,000,000
Usage (cash - Severance & Exit Costs)	0	0	0
Usage (non-Cash - Asset Impairment)	(43,000,000)	(13,000,000)	(12,000,000)
Acquisitions		0
Adjustments	0	0	0
Foreign currency translation	0	0	0
Balance at end of period,	0	0	0
Exit Costs [Member]
Restructuring Reserve [Line Items]
Balance at beginning of period,	21,000,000	30,000,000	45,000,000
Charges	43,000,000	6,000,000	16,000,000
Usage (cash - Severance & Exit Costs)	(25,000,000)	(9,000,000)	(26,000,000)
Usage (non-Cash - Asset Impairment)	0	0	0
Acquisitions		0
Adjustments	(3,000,000)	(4,000,000)	(5,000,000)
Foreign currency translation	(3,000,000)	(2,000,000)	0
Balance at end of period,	$ 33,000,000	$ 21,000,000	$ 30,000,000

OTHER (INCOME) EXPENSE (Details

OTHER (INCOME) EXPENSE (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Other Income Disclosure Nonoperating Abstract
Equity (income) loss of affiliated companies	$ (31,000,000)	$ (30,000,000)	$ (36,000,000)
Gain on sale of available for sale investments	0	0	(221,000,000)
(Gain) loss on sale of non-strategic businesses and assets	(178,000,000)	1,000,000	11,000,000
Interest Income	(106,000,000)	(104,000,000)	(102,000,000)
Foreign exchange	12,000,000	43,000,000	34,000,000
Other expense	201,000,000	22,000,000	9,000,000
Other (Income) Expense, Total	$ (102,000,000)	$ (68,000,000)	$ (305,000,000)

INCOME TAX (Details)

INCOME TAX (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Current [Abstract]
U.S. Federal	$ 869	$ 786	$ 746
U.S. State	97	78	39
Non-U.S.	559	560	572
Current tax expense	1,525	1,424	1,357
Deferred [Abstract]
U.S. Federal	38	196	114
U.S. State	17	49	63
Non-U.S.	21	70	(45)
Deferred tax expense	76	315	132
Tax expense	1,601	1,739	1,489
Income From Continuing Operations Before Taxes [Abstract]
U.S.	2,976	3,361	3,340
Non-U.S.	3,471	3,225	2,478
Income from continuing operations before taxes	$ 6,447	$ 6,586	$ 5,818

INCOME TAX 2 (Details)

INCOME TAX 2 (Details)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Effective Income Tax Rate Reconciliation [Abstract]
U.S. federal statutory income tax rate	35.00%	35.00%	35.00%
Taxes on non-U.S. earnings below U.S. tax rate	(8.00%)	(8.00%)	(7.00%)
U.S. state income taxes	1.10%	1.20%	1.20%
Manufacturing incentives	(0.70%)	(1.50%)	(1.00%)
Employee stock ownership plan dividend tax benefit	(0.50%)	(0.40%)	(0.40%)
Tax credits	(0.70%)	(1.00%)	(1.00%)
Reserves for tax contingencies	1.20%	0.70%	(0.20%)
Employee share-based payments	(2.00%)	0.00%	0.00%
All other items net	(0.60%)	0.40%	(1.00%)
Effective income tax rate	24.80%	26.40%	25.60%
Tax Expense Paragraph Details [Abstract]
Net (decrease) increase in the effective tax rate from prior period	(1.60%)	0.80%
Net (decrease) increase in non-U.S. income tax rate	(2.80%)	(1.80%)
U.S. federal statutory income tax rate	35.00%	35.00%	35.00%
Non-U.S. effective income tax rate	16.70%	19.50%

INCOME TAX 3 (Details)

INCOME TAX 3 (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Deferred Tax Assets, Net [Abstract]
Pension	$ 411	$ 500
Postretirement benefits other than pensions	262	292
Asbestos and environmental	471	473
Employee compensation and benefits	418	387
Other accruals and reserves	765	626
Net operating and capital losses	669	620
Tax credit carryforwards	206	198
Gross deferred tax assets	3,202	3,096
Valuation allowance	(621)	(589)
Total deferred tax assets	2,581	2,507
Deferred Tax Liabilities Net [Abstract]
Property, plant and equipment	(560)	(661)
Intangibles	(1,843)	(1,797)
Other asset basis differences	(274)	(293)
Other	(43)	(31)
Total deferred tax liabilities	(2,720)	(2,782)
Net deferred tax (liability)	(139)	(275)
Deferred Tax Assets [Line Items]
Valuation allowance	621	589
Gross deferred tax assets	3,202	3,096
Foreign Country [Member]
Deferred Tax Assets, Net [Abstract]
Gross deferred tax assets	1,034
Valuation allowance	(619)
Deferred Tax Assets [Line Items]
Valuation allowance	619
Valuation Allowance Impact To Tax Expense	69	$ 114	$ (10)
Gross deferred tax assets	$ 1,034

INCOME TAX 4 (Details)

INCOME TAX 4 (Details)	12 Months Ended
	Dec. 31, 2016USD ($)
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 3,582,000,000
Tax Credit Carryforward Amount	218,000,000
Undistributed non-U.S. earnings	18,300,000,000
U.S. Federal | 2036 [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 25,000,000
Operating Loss Carryforward Expiration Dates	Dec. 31, 2036
Tax Credit Carryforward Amount	$ 55,000,000
Tax Credit Carryforward Expiration Dates	Dec. 31, 2036
Non-U.S. | Indefinite [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 2,186,000,000
Tax Credit Carryforward Amount	0
Non-U.S. | 2035 [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 651,000,000
Operating Loss Carryforward Expiration Dates	Dec. 31, 2035
Tax Credit Carryforward Amount	$ 137,000,000
Tax Credit Carryforward Expiration Dates	Dec. 31, 2035
U.S. State | 2036 [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 720,000,000
Operating Loss Carryforward Expiration Dates	Dec. 31, 2036
Tax Credit Carryforward Amount	$ 26,000,000
Tax Credit Carryforward Expiration Dates	Dec. 31, 2036

INCOME TAX 5 (Details)

INCOME TAX 5 (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of Unrecognized Tax Benefits [Abstract]
Balance at beginning of year	$ 765	$ 659	$ 729
Gross increases related to current period tax positions	96	56	65
Gross increases related to prior periods tax positions	88	175	204
Gross decreases related to prior periods tax positions	(33)	(72)	(277)
Decrease related to resolutions of audits with tax authorities	(3)	(11)	(32)
Expiration of the statue of limitations for the assessment of taxes	(10)	(13)	(10)
Foreign currency translation	(26)	(29)	(20)
Balance at end of year	$ 877	$ 765	$ 659

INCOME TAX 6 (Details)

INCOME TAX 6 (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Examination Paragraph Details [Abstract]
Income tax Examination Unrecognized Tax Benefits From Examination	$ 398	$ 349	$ 403
Income Tax Examination Estimated Interest and Penalties From Examination	18	11	24
Income Tax Examination Accrued Interest and Penalties From Examination	$ 395	$ 336	$ 325
U.S. - Federal [Member] | 2010
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,010
U.S. - Federal [Member] | 2011
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,011
U.S. - Federal [Member] | 2012
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,012
U.S. - Federal [Member] | 2013
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,013
U.S. - Federal [Member] | 2014
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,014
Income Tax Examinations Not Yet Initiated Years	2,014
U.S. - Federal [Member] | 2015
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,015
U.S. - Federal [Member] | 2016
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,016
U.S. - State [Member] | 2008
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,008
U.S. - State [Member] | 2009
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,009
U.S. - State [Member] | 2010
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,010
U.S. - State [Member] | 2011
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,011
Income Tax Examinations Not Yet Initiated Years	2,011
U.S. - State [Member] | 2012
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,012
Income Tax Examinations Not Yet Initiated Years	2,012
U.S. - State [Member] | 2013
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,013
Income Tax Examinations Not Yet Initiated Years	2,013
U.S. - State [Member] | 2014
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,014
Income Tax Examinations Not Yet Initiated Years	2,014
U.S. - State [Member] | 2015
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,015
U.S. - State [Member] | 2016
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,016
United Kingdom [Member] | 2013
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,013
United Kingdom [Member] | 2014
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,014
United Kingdom [Member] | 2015
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,015
United Kingdom [Member] | 2016
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,016
Canada [Member] | 2010
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,010
Canada [Member] | 2011
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,011
Canada [Member] | 2012
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,012
Canada [Member] | 2013
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,013
Canada [Member] | 2014
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,014
Canada [Member] | 2015
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,015
Canada [Member] | 2016
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,016
Germany [Member] | 2008
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,008
Germany [Member] | 2009
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,009
Germany [Member] | 2010
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,010
Germany [Member] | 2011
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,011
Germany [Member] | 2012
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,012
Germany [Member] | 2013
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,013
Germany [Member] | 2014
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,014
Germany [Member] | 2015
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,015
Germany [Member] | 2016
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,016
France [Member] | 2005
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,005
France [Member] | 2006
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,006
France [Member] | 2007
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,007
France [Member] | 2008
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,008
France [Member] | 2009
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,009
France [Member] | 2010
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,010
France [Member] | 2011
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,011
France [Member] | 2012
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,012
France [Member] | 2013
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,013
France [Member] | 2014
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,014
France [Member] | 2015
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,015
France [Member] | 2016
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,016
Australia [Member] | 2009
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,009
Australia [Member] | 2010
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,010
Australia [Member] | 2011
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,011
Australia [Member] | 2012
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,012
Australia [Member] | 2013
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,013
Australia [Member] | 2014
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,014
Australia [Member] | 2015
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,015
Australia [Member] | 2016
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,016
China [Member] | 2003
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,003
China [Member] | 2004
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,004
China [Member] | 2005
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,005
China [Member] | 2006
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,006
China [Member] | 2007
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,007
China [Member] | 2008
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,008
China [Member] | 2009
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,009
China [Member] | 2010
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,010
China [Member] | 2011
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,011
China [Member] | 2012
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,012
China [Member] | 2013
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,013
China [Member] | 2014
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,014
China [Member] | 2015
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,015
China [Member] | 2016
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,016
India [Member] | 1999
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	1,999
India [Member] | 2000
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,000
India [Member] | 2001
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,001
India [Member] | 2002
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,002
India [Member] | 2003
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,003
India [Member] | 2004
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,004
India [Member] | 2005
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,005
India [Member] | 2006
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,006
India [Member] | 2007
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,007
India [Member] | 2008
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,008
India [Member] | 2009
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,009
India [Member] | 2010
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,010
India [Member] | 2011
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,011
India [Member] | 2012
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,012
India [Member] | 2013
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,013
India [Member] | 2014
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,014
India [Member] | 2015
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,015
India [Member] | 2016
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,016
Switzerland | 2013
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,013
Switzerland | 2014
Income Tax Examination [Line Items]
Income Tax Examinations In Progress, Years	2,014
Switzerland | 2015
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,015
Switzerland | 2016
Income Tax Examination [Line Items]
Income Tax Examinations Not Yet Initiated Years	2,016

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
Net income attributable to Honeywell	$ 1,034	$ 1,240	$ 1,319	$ 1,216	$ 1,194	$ 1,264	$ 1,194	$ 1,116	$ 4,809	$ 4,768	$ 4,239
Weighted average shares outstanding									764.3	779.8	784.4
Earnings per share of common stock - basic	$ 1.36	$ 1.62	$ 1.73	$ 1.58	$ 1.55	$ 1.62	$ 1.52	$ 1.42	$ 6.29	$ 6.11	$ 5.4
Assuming dilution
Net income attributable to Honeywell	$ 1,034	$ 1,240	$ 1,319	$ 1,216	$ 1,194	$ 1,264	$ 1,194	$ 1,116	$ 4,809	$ 4,768	$ 4,239
Average shares
Weighted average shares outstanding									764.3	779.8	784.4
Dilutive securities issuable - stock plans									11	9.5	10.8
Total weighted average diluted shares outstanding									775.3	789.3	795.2
Earnings per share of common stock - assuming dilution	$ 1.34	$ 1.6	$ 1.7	$ 1.56	$ 1.53	$ 1.6	$ 1.51	$ 1.41	$ 6.2	$ 6.04	$ 5.33
Earnings Per Share Paragraph Details [Abstract]
Stock options excluded from diluted computations									7.5	7.1	4.7

ACCOUNTS, NOTES AND OTHER REC69

ACCOUNTS, NOTES AND OTHER RECEIVABLES (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Accounts Receivable, Net Current [Abstract]
Trade	$ 8,449	$ 7,901
Other	674	436
Accounts receivable, Gross	9,123	8,337
Less - Allowance for doubtful accounts	(305)	(262)
Accounts receivable, Net	8,818	8,075
Accounts Notes, And Other Receivables Paragraph Details [Abstract]
Unbilled contract receivable	$ 1,626	$ 1,590

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Inventory Combining Work In Process And Raw Materials Alternative Gross Abstract
Raw materials	$ 1,104	$ 1,120
Work in process	775	826
Finished products	2,552	2,590
Inventory, Gross	4,431	4,536
Reduction to LIFO cost basis	(65)	(116)
Inventories	4,366	4,420
Inventories Paragraph Details [Abstract]
LIFO inventory amount	296	399
LIFO reserve	$ 65	$ 116

PROPERTY, PLANT AND EQUIPMENT71

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 14,507	$ 14,908
Less: Accumulated depreciation	(8,714)	(9,119)
Property, plant and equipment - net	5,793	5,789
Property, Plant and Equipment Paragraph Details [Abstract]
Depreciation	726	672	$ 667
Land and improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	363	367
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	9,956	10,505
Buildings and improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	3,248	3,188
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 940	$ 848

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS - NET (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Finite Lived Intangible Assets Future Amortization Expense Abstract
Future Amortization Expense - 2017	$ 394
Future Amortization Expense - 2018	400
Future Amortization Expense - 2019	396
Future Amortization Expense - 2020	353
Future Amortization Expense - 2021	300
Finite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Assets Gross	6,300	$ 5,799
Accumulated Amortization	(2,679)	(2,398)
Net Carrying Amount	3,621	3,401
Goodwill [Line Items]
Balance at beginning of period,	15,895
Acquisitions/Divestitures	2,061
Currency Translation Adjustment	(249)
Balance at end of period,	17,707	15,895
Finite And Indefinite Other Intangible Assets [Abstract]
Trademarks with indefinite lives	1,013	1,176
Gross carrying amount	7,313	6,975
Accumulated Amortization	(2,679)	(2,398)
Net carrying amount	4,634	4,577
Goodwill and Intangible Assets Paragraph Details [Abstract]
Amortization of intangible assets	304	211	$ 257
Aerospace [Member]
Goodwill [Line Items]
Balance at beginning of period,	2,296
Acquisitions/Divestitures	169
Currency Translation Adjustment	(24)
Balance at end of period,	2,441	2,296
Performance Materials And Technologies [Member]
Goodwill [Line Items]
Balance at beginning of period,	3,771
Acquisitions/Divestitures	(110)
Currency Translation Adjustment	(32)
Balance at end of period,	3,629	3,771
Home And Building Technologies [Member]
Goodwill [Line Items]
Balance at beginning of period,	6,438
Acquisitions/Divestitures	820
Currency Translation Adjustment	(156)
Balance at end of period,	7,102	6,438
Safety And Productivity Solutions [Member]
Goodwill [Line Items]
Balance at beginning of period,	3,390
Acquisitions/Divestitures	1,182
Currency Translation Adjustment	(37)
Balance at end of period,	4,535	3,390
Patents and Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Assets Gross	1,841	1,688
Accumulated Amortization	(1,141)	(1,061)
Net Carrying Amount	700	627
Finite And Indefinite Other Intangible Assets [Abstract]
Accumulated Amortization	(1,141)	(1,061)
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Assets Gross	3,816	3,558
Accumulated Amortization	(1,098)	(942)
Net Carrying Amount	2,718	2,616
Finite And Indefinite Other Intangible Assets [Abstract]
Accumulated Amortization	(1,098)	(942)
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Assets Gross	284	230
Accumulated Amortization	(156)	(131)
Net Carrying Amount	128	99
Finite And Indefinite Other Intangible Assets [Abstract]
Accumulated Amortization	(156)	(131)
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Assets Gross	359	323
Accumulated Amortization	(284)	(264)
Net Carrying Amount	75	59
Finite And Indefinite Other Intangible Assets [Abstract]
Accumulated Amortization	$ (284)	$ (264)

ACCRUED LIABILITIES (Details)

ACCRUED LIABILITIES (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Accrued Liabilities Current [Abstract]
Customer advances and deferred income	$ 2,151	$ 1,863
Compensation, benefit and other employee related	1,489	1,460
Asbestos related liabilities	546	292
Repositioning	322	335
Product warranties and performance guarantees	351	355
Environmental costs	252	253
Income taxes	430	201
Accrued interest	97	97
Other taxes	290	266
Insurance	172	205
Other (primarily operating expenses)	948	950
Accrued Liabilities	$ 7,048	$ 6,277

LONG-TERM DEBT AND CREDIT AGR74

LONG-TERM DEBT AND CREDIT AGREEMENTS (Details) € in Millions	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2016EUR (€)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
Total long-term debt, including current portion			$ 12,409,000,000	$ 6,131,000,000
Less current portion			(227,000,000)	(577,000,000)
Total Noncurrent Debt			12,182,000,000	5,554,000,000
Long Term Debt By Maturity [Abstract]
2,017			227,000,000
2,018			1,122,000,000
2,019			1,550,000,000
2,020			1,299,000,000
2,021			2,312,000,000
Thereafter			5,899,000,000
Total long-term debt, including current portion			12,409,000,000	6,131,000,000
Less current portion			(227,000,000)	(577,000,000)
Total Long-term debt			12,182,000,000	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			$ 0	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			$ 0	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			$ 0	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 5.375% 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
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
Other including capitalized leases and debt issuance costs, .7% to 8.2% maturing at various dates through 2023 [Member]
Debt Instrument [Line Items]
Other long term debt			$ 547,000,000	384,000,000
Maturity date of debt instrument	Dec. 31, 2023
$1,250 million 1.40% Senior Notes due 2019, $250 million Floating Rate Senior Notes due 2019, $1,500 million 1.85% Senior Notes due 2021 and $1,500 million 2.50% Senior Notes due 2026
Debt Instrument [Line Items]
Proceeds from Issuance of Long-term Debt	$ 4,500,000,000
Debt Instrument, Issuance Date	Oct. 31, 2016
Payments of debt issuance costs	$ 27,000,000
Euro Notes [Member]
Debt Instrument [Line Items]
Proceeds from Issuance of Long-term Debt	4,438,000,000
Payments of debt issuance costs	$ 23,000,000
Floating Rate Euro Notes Due 2018 [Member]
Debt Instrument [Line Items]
Senior Notes		€ 1,000	1,054,000,000	0
Debt Instrument, Issuance Date	Feb. 28, 2016
Maturity date of debt instrument	Feb. 22, 2018
Euro notes .65% due 2020 [Member]
Debt Instrument [Line Items]
Senior Notes		€ 1,000	$ 1,054,000,000	0
Various interest rates		0.65%	0.65%
Debt Instrument, Issuance Date	Feb. 28, 2016
Maturity date of debt instrument	Feb. 21, 2020
Euro notes 1.30% due 2023 [Member]
Debt Instrument [Line Items]
Senior Notes		€ 1,250	$ 1,317,000,000	0
Various interest rates		1.30%	1.30%
Debt Instrument, Issuance Date	Feb. 28, 2016
Maturity date of debt instrument	Feb. 22, 2023
Euro notes 2.25% due 2028 [Member]
Debt Instrument [Line Items]
Senior Notes		€ 750	$ 790,000,000	0
Various interest rates		2.25%	2.25%
Debt Instrument, Issuance Date	Feb. 28, 2016
Maturity date of debt instrument	Feb. 22, 2028
Notes 1.40% due 2019 [Member]
Debt Instrument [Line Items]
Senior Notes			$ 1,250,000,000	0
Various interest rates		1.40%	1.40%
Maturity date of debt instrument	Oct. 30, 2019
Floating rate notes due 2019 [Member]
Debt Instrument [Line Items]
Senior Notes			$ 250,000,000	0
Maturity date of debt instrument	Oct. 30, 2019
Notes 1.85% due 2021 [Member]
Debt Instrument [Line Items]
Senior Notes			$ 1,500,000,000	0
Various interest rates		1.85%	1.85%
Maturity date of debt instrument	Nov. 1, 2021
Notes 2.50% due 2026 [Member]
Debt Instrument [Line Items]
Senior Notes			$ 1,500,000,000	$ 0
Various interest rates		2.50%	2.50%
Maturity date of debt instrument	Nov. 1, 2026
$400 million 5.30 % Senior Notes due 2017, $900 million 5.30% Senior Notes due 2018 and $900 million 5.00% Senior Notes due 2019
Debt Instrument [Line Items]
Payments of debt extinguishment costs	$ 126,000,000
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
Facility amendment No. 1 date	Sep. 30, 2015
Facility Amendment No. 2 date	Apr. 29, 2016
Syndicate Of Banks [Member] | 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 [Member]
Line Of Credit Facility [Line Items]
Facility initiation date	Aug. 5, 2016
Facility expiration date	Dec. 23, 2016
Line Of Credit Facility Previous Borrowing Capacity			1,500,000,000
Syndicate Of Banks [Member] | $3B 364-Day Credit Agreement [Member]
Line Of Credit Facility [Line Items]
Facility initiation date	Sep. 30, 2015
Facility expiration date	Apr. 29, 2016
Line Of Credit Facility Previous Borrowing Capacity			$ 3,000,000,000

LEASE COMMITMENTS (Details)

LEASE COMMITMENTS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Leases Operating [Abstract]
Rent expense	$ 387	$ 390	$ 420
Operating Leases Future Minimum Payments Due Abstract
2,017	289
2,018	216
2,019	158
2,020	110
2,021	94
Thereafter	256
Total	$ 1,123

FINANCIAL INSTRUMENTS AND FAI76

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Foreign Currency Exchange Contracts [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 9,554	$ 10,538
Interest Rate Swap Agreements [Member]
Derivative [Line Items]
Fixed Rate Debt Percent changed to LIBOR	3.39%	4.00%
Amount of fixed rate debt	$ 1,850	$ 1,100

FINANCIAL INSTRUMENTS AND FAI77

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES 2 (Details) - Significant Observable Inputs (Level 2) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Foreign Currency Exchange Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Fair Value Of Derivative Asset	$ 152,000,000	$ 28,000,000
Derivative Fair Value Of Derivative Liability	2,000,000	17,000,000
Available for sale investments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments	1,670,000,000	1,501,000,000
Interest Rate Swap Agreements [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Fair Value Of Derivative Asset	69,000,000	92,000,000
Derivative Fair Value Of Derivative Liability	$ 48,000,000	$ 0

FINANCIAL INSTRUMENTS AND FAI78

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES 3 (Details) - Significant Observable Inputs (Level 2) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Long-term receivables	$ 280	$ 292
Long-term debt and related current maturities	12,409	6,131
Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Long-term receivables	273	283
Long-term debt and related current maturities	$ 13,008	$ 6,721

FINANCIAL INSTRUMENTS AND FAI79

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES 4 (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash Flow Hedge Gain Loss Reclassified To Income Statement Locations Paragraph Details [Abstract]
Gain (Loss) on interest rate swap agreements	$ (71)	$ (2)	$ 38
Foreign Exchange Mark to Market income (expense)	$ 232	$ (86)	$ (181)

OTHER LIABILITIES (Details)

OTHER LIABILITIES (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Other Liabilities Noncurrent [Abstract]
Pension and other employee related	$ 2,084	$ 2,461
Income taxes	1,041	1,009
Environmental	259	265
Insurance	253	257
Asset retirement obligations	63	65
Deferred income	81	99
Other	329	192
Total other liabilities	$ 4,110	$ 4,348

CAPITAL STOCK (Details)

CAPITAL STOCK (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Capital Stock Paragraph Details [Abstract]
Common stock shares authorized	2,000,000,000
Common Shares par value	$ 1
Preferred Stock Shares Authorized	40,000,000
Stock Repurchased During Period Shares	19,300,000	18,800,000
Equity Class Of Treasury Stock [Line Items]
Reacquired stock or repurchases of common stock	$ 2,079	$ 1,884
December 2013 Authorization Program [Member]
Equity Class Of Treasury Stock [Line Items]
Stock Repurchase Program Remaining Authorized Repurchase Amount		2,200
Authorized Amount Of Common Stock Value Of Share Repurchase Program		$ 5,000
Stock Repurchase Program Expiration Date		Apr. 25, 2016
April 2016 Authorization Program [Member]
Equity Class Of Treasury Stock [Line Items]
Stock Repurchase Program Remaining Authorized Repurchase Amount	4,100
Authorized Amount Of Common Stock Value Of Share Repurchase Program	$ 5,000

ACCUMULATED OTHER COMPREHENSI82

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income Loss [Abstract]
Cumulative foreign exchange translation adjustment	$ (1,944,000,000)	$ (1,892,000,000)
Pension and other postretirement benefit adjustments	(879,000,000)	(644,000,000)
Fair value of available for sale investments	0	0
Fair value of effective cash flow hedges	109,000,000	1,000,000
Accumulated Other Comprehensive Income (Loss)	(2,714,000,000)	(2,535,000,000)	$ (1,459,000,000)
Other Comprehensive Income Loss Before Tax Period Increase Decrease [Abstract]
Foreign exchange translation adjustment	(52,000,000)	(1,152,000,000)	(1,044,000,000)
Pension and other postretirement benefit adjustments	(336,000,000)	129,000,000	(1,707,000,000)
Changes in fair value of available for sale investments			(246,000,000)
Changes in fair value of effective cash flow hedges	134,000,000	(11,000,000)	24,000,000
Changes in accumulated other comprehensive income, pretax	(254,000,000)	(1,034,000,000)	(2,973,000,000)
Other Comprehensive Income Loss Tax [Abstract]
Foreign exchange translation adjustment	0	0	0
Pensions and other postretirement benefit adjustments	101,000,000	(45,000,000)	624,000,000
Changes in fair value of available for sale investments			76,000,000
Changes in fair value of effective cash flow hedges	(26,000,000)	3,000,000	(4,000,000)
Other comprehensive income (loss), tax	75,000,000	(42,000,000)	696,000,000
Other Comprehensive Income Loss Net Of Tax Period Increase Decrease Abstract
Foreign exchange translation adjustment	(52,000,000)	(1,152,000,000)	(1,044,000,000)
Pensions and other postretirement benefit adjustments	(235,000,000)	84,000,000	(1,083,000,000)
Changes in fair value of available for sale investments	0	0	(170,000,000)
Changes in fair value of effective cash flow hedges	108,000,000	(8,000,000)	20,000,000
Components of other comprehensive income (loss), net of tax	$ (179,000,000)	$ (1,076,000,000)	$ (2,277,000,000)

ACCUMULATED OTHER COMPREHENSI83

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) 2 (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
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	(337,000,000)	(1,038,000,000)
Amounts reclassified from accumulated other comprehensive income (loss)	158,000,000	(38,000,000)
Net current period other comprehensive income (loss)	(179,000,000)	(1,076,000,000)	$ (2,277,000,000)
Balance end of period	(2,714,000,000)	(2,535,000,000)	(1,459,000,000)
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	(52,000,000)	(1,152,000,000)
Amounts reclassified from accumulated other comprehensive income (loss)	0	0
Net current period other comprehensive income (loss)	(52,000,000)	(1,152,000,000)
Balance end of period	(1,944,000,000)	(1,892,000,000)	(740,000,000)
Pension and Other Postretirement 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	(388,000,000)	23,000,000
Amounts reclassified from accumulated other comprehensive income (loss)	153,000,000	61,000,000
Net current period other comprehensive income (loss)	(235,000,000)	84,000,000
Balance end of period	(879,000,000)	(644,000,000)	(728,000,000)
Changes in Fair Value of Effective Cash Flow Hedges
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	103,000,000	91,000,000
Amounts reclassified from accumulated other comprehensive income (loss)	5,000,000	(99,000,000)
Net current period other comprehensive income (loss)	108,000,000	(8,000,000)
Balance end of period	$ 109,000,000	$ 1,000,000	$ 9,000,000

ACCUMULATED OTHER COMPREHENSI84

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) 3 (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Product sales	$ (31,362,000,000)	$ (30,695,000,000)	$ (32,398,000,000)
Cost of products sold	22,170,000,000	21,775,000,000	23,889,000,000
Cost of services sold	4,980,000,000	4,972,000,000	5,068,000,000
Selling, general and administrative expenses	5,469,000,000	5,006,000,000	5,518,000,000
Other (income) expense	(102,000,000)	(68,000,000)	(305,000,000)
Total	(6,447,000,000)	(6,586,000,000)	(5,818,000,000)
Tax expense (benefit)	1,601,000,000	1,739,000,000	1,489,000,000
Total reclassification for the period, net of tax	(4,846,000,000)	(4,847,000,000)	$ (4,329,000,000)
Reclassification Out Of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Product sales	3,000,000	(17,000,000)
Cost of products sold	139,000,000	(7,000,000)
Cost of services sold	28,000,000	(4,000,000)
Selling, general and administrative expenses	22,000,000	12,000,000
Total	192,000,000	(16,000,000)
Tax expense (benefit)	(34,000,000)	(22,000,000)
Total reclassification for the period, net of tax	158,000,000	(38,000,000)
Reclassification Out Of Accumulated Other Comprehensive Income [Member] | Losses (gains) on cash flow hedges
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Product sales	3,000,000	(17,000,000)
Cost of products sold	16,000,000	(73,000,000)
Cost of services sold	3,000,000	(17,000,000)
Selling, general and administrative expenses	(5,000,000)	(2,000,000)
Total	17,000,000	(109,000,000)
Reclassification Out Of Accumulated Other Comprehensive Income [Member] | Actuarial losses recognized [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Product sales	0	0
Cost of products sold	214,000,000	78,000,000
Cost of services sold	44,000,000	16,000,000
Selling, general and administrative expenses	46,000,000	17,000,000
Total	304,000,000	111,000,000
Reclassification Out Of Accumulated Other Comprehensive Income [Member] | Prior service (credit) recognized [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Product sales	0	0
Cost of products sold	(87,000,000)	(14,000,000)
Cost of services sold	(18,000,000)	(3,000,000)
Selling, general and administrative expenses	(18,000,000)	(3,000,000)
Total	(123,000,000)	(20,000,000)
Reclassification Out Of Accumulated Other Comprehensive Income [Member] | Settlements and curtailments [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Product sales	0	0
Cost of products sold	(4,000,000)	2,000,000
Cost of services sold	(1,000,000)	0
Selling, general and administrative expenses	(1,000,000)	0
Total	$ (6,000,000)	$ 2,000,000

STOCK-BASED COMPENSATION PLAN85

STOCK-BASED COMPENSATION PLANS (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Stock Options Weighted Average Exercise Price [Abstract]
Exercisable at December 31,	$ 63.39
2016 Plan [Member] | Stock Options [Member]
Stock based compensation Fair Value [Abstract]
Weighted average fair value per share of options granted during the year	$ 15.59	$ 17.21	$ 16.35
Expected annual dividend yield	2.92%	1.98%	2.05%
Expected volatility	23.07%	21.55%	23.06%
Risk-free rate of return	1.29%	1.61%	1.48%
Expected option term (years)	4 years 12 months	4 years 12 months	4 years 12 months
Stock Options Number of Options [Abstract]
Outstanding at beginning of period,	30,569,438	29,495,612	30,663,837
Granted	6,281,053	5,967,256	5,823,706
Exercised	(7,075,852)	(4,190,298)	(5,697,263)
Lapsed or Canceled	(1,107,339)	(703,132)	(1,294,668)
Outstanding at end of period,	28,667,300	30,569,438	29,495,612
Vested and Expected to Vest at December 31,	27,067,969
Exercisable at December 31,	15,536,961	17,202,377	16,019,742
Options Activity Footnote [Abstract]
Vested options	15,500,000
Options expected to vest	11,600,000
Outstanding unvested options	13,400,000
Stock Options Weighted Average Exercise Price [Abstract]
Outstanding at beginning of period,	$ 70.76	$ 61.8	$ 53.27
Granted	103.51	103.87	93.95
Exercised	57.41	53.4	47.47
Lapsed or Canceled	96.81	84.31	67.7
Outstanding at end of period,	79.57	70.76	61.8
Vested and Expected to Vest at December 31,	78.14
Exercisable at December 31,	$ 63.39	$ 55.11	$ 49.4

STOCK-BASED COMPENSATION PLAN86

STOCK-BASED COMPENSATION PLANS 2 (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2015$ / shares	Dec. 31, 2014$ / shares
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Beginning Of Period Abstract
Options Outstanding, Number of Options | shares	28,667,300
Options Outstanding, Weighted Average Life	6 years 5 months
Options Outstanding, Weighted Average Exercise Price	79.57
Options Outstanding Aggregate Intrinsic Value | $	$ 1,040
Options Exercisable Number of Options | shares	15,536,961
Weighted Average Exercise Price	$ 63.39
Options Exercisable Aggregate Intrinsic Value | $	$ 815
2016 Plan [Member] | Stock Options [Member]
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Beginning Of Period Abstract
Weighted Average Exercise Price	$ 63.39	$ 55.11	$ 49.4
Exercise Price Range $28.19-$49.99 [Member] | 2016 Plan [Member] | Stock Options [Member]
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Beginning Of Period Abstract
Options Outstanding, Number of Options | shares	3,235,333
Options Outstanding, Weighted Average Life	2 years 9 months
Options Outstanding, Weighted Average Exercise Price	35.33
Options Outstanding Aggregate Intrinsic Value | $	$ 260
Options Exercisable Number of Options | shares	3,235,333
Weighted Average Exercise Price	$ 35.33
Options Exercisable Aggregate Intrinsic Value | $	$ 260
Exercise Price Range $50.00-$64.99 [Member] | 2016 Plan [Member] | Stock Options [Member]
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Beginning Of Period Abstract
Options Outstanding, Number of Options | shares	6,627,010
Options Outstanding, Weighted Average Life	4 years 2 months
Options Outstanding, Weighted Average Exercise Price	58.12
Options Outstanding Aggregate Intrinsic Value | $	$ 383
Options Exercisable Number of Options | shares	6,627,010
Weighted Average Exercise Price	$ 58.12
Options Exercisable Aggregate Intrinsic Value | $	$ 383
Exercise Price Range $65.00-$75.00 [Member] | 2016 Plan [Member] | Stock Options [Member]
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Beginning Of Period Abstract
Options Outstanding, Number of Options | shares	3,565,255
Options Outstanding, Weighted Average Life	6 years 2 months
Options Outstanding, Weighted Average Exercise Price	69.54
Options Outstanding Aggregate Intrinsic Value | $	$ 165
Options Exercisable Number of Options | shares	2,420,333
Weighted Average Exercise Price	$ 69.55
Options Exercisable Aggregate Intrinsic Value | $	$ 112
Exercise Price Range $90.00-$99.99 [Member] | 2016 Plan [Member] | Stock Options [Member]
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Beginning Of Period Abstract
Options Outstanding, Number of Options | shares	4,244,518
Options Outstanding, Weighted Average Life	7 years 2 months
Options Outstanding, Weighted Average Exercise Price	93.42
Options Outstanding Aggregate Intrinsic Value | $	$ 95
Options Exercisable Number of Options | shares	1,927,354
Weighted Average Exercise Price	$ 93.42
Options Exercisable Aggregate Intrinsic Value | $	$ 43
Exercise Price Range $100.00-$116.28 [Member] | 2016 Plan [Member] | Stock Options [Member]
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Beginning Of Period Abstract
Options Outstanding, Number of Options | shares	10,995,184
Options Outstanding, Weighted Average Life	8 years 9 months
Options Outstanding, Weighted Average Exercise Price	103.42
Options Outstanding Aggregate Intrinsic Value | $	$ 137
Options Exercisable Number of Options | shares	1,326,931
Weighted Average Exercise Price	$ 103.27
Options Exercisable Aggregate Intrinsic Value | $	$ 17

STOCK BASED COMPENSATION PLANS

STOCK BASED COMPENSATION PLANS 3 (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share Based Compensation Arrangement By Share Based Payment Stock Options [Line Items]
Weighted Average Exercise Price	$ 63.39
Restricted Stock Units (RSUs) [Member] | Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Stock Options [Line Items]
Vesting periods	3 years
Restricted Stock Units (RSUs) [Member] | Maximum [Member]
Share Based Compensation Arrangement By Share Based Payment Stock Options [Line Items]
Vesting periods	7 years
2016 Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Stock Options [Line Items]
Shares of Honeywell common stock available for future grants	46,365,609
2016 Plan [Member] | Stock Options [Member]
Share Based Compensation Arrangement By Share Based Payment Stock Options [Line Items]
Vesting periods	4 years
Stock Options General Expiration Period	10 years
Number of Options Exercisable	15,536,961	17,202,377	16,019,742
Weighted Average Exercise Price	$ 63.39	$ 55.11	$ 49.4
Unrecognized compensation on nonvested stock options	$ 126
Nonvested options recognized over weighted average period, years	2 years 4 months
Fair value of options vested	$ 76	$ 73	$ 72
Financial Statement Impact From Stock Options Exercised [Abstract]
Intrinsic value	395	210	272
Tax benefit realized	137	73	96
Share-based compensation expense	87	78	85
Future income tax benefit recognized	29	26	31
2016 Plan [Member] | Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Stock Options [Line Items]
Unrecognized compensation on nonvested stock options	$ 193
Nonvested options recognized over weighted average period, years	3 years 7 months
Financial Statement Impact From Stock Options Exercised [Abstract]
Share-based compensation expense	$ 97	97	102
Future income tax benefit recognized	$ 30	$ 29	$ 37
2016 Directors Plan
Share Based Compensation Arrangement By Share Based Payment Stock Options [Line Items]
Shares of Honeywell common stock available for future grants	960,609

STOCK-BASED COMPENSATION PLAN88

STOCK-BASED COMPENSATION PLANS - RSUS (Details) - 2016 Plan [Member] - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Stock Options [Member]
Restricted Stock Units [Line Items]
Nonvested options recognized over weighted average period, years	2 years 4 months
Unrecognized compensation on nonvested stock options	$ 126
Vesting periods	4 years
Income Statement Impact From RSUs [Abstract]
Share-based compensation expense	$ 87	$ 78	$ 85
Future income tax benefit recognized	$ 29	$ 26	$ 31
Restricted Stock Units (RSUs) [Member]
Restricted Stock Units [Line Items]
Nonvested options recognized over weighted average period, years	3 years 7 months
Unrecognized compensation on nonvested stock options	$ 193
Restricted Stock Units Number of Options [Abstract]
Non-vested at beginning of period,	4,981,588	5,899,194	6,692,220
Granted	1,364,469	1,190,406	1,455,209
Vested	(1,486,173)	(1,681,342)	(1,787,894)
Forfeited	(392,541)	(426,670)	(460,341)
Non-vested at end of period,	4,467,343	4,981,588	5,899,194
Weighted average grant date fair value per share [Abstract]
Non-vested at beginning of period,	$ 82.18	$ 70.32	$ 60.04
Granted	110.49	103.04	94.88
Vested	68.58	56.38	53.63
Forfeited	88.88	77.73	63.54
Non-vested at end of period,	$ 94.17	$ 82.18	$ 70.32
Income Statement Impact From RSUs [Abstract]
Share-based compensation expense	$ 97	$ 97	$ 102
Future income tax benefit recognized	$ 30	$ 29	$ 37

COMMITMENTS AND CONTINGENCIES89

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2016	Dec. 31, 2015
Loss Contingency Classification of Accrual [Abstract]
Accrued liabilities				$ 252	$ 253
Other liabilities				259	265
Total environmental liabilities	$ 518	$ 591	$ 643	$ 511	$ 518
Environmental Matters [Abstract]
Beginning of period	518	591	643
Accruals for environmental matters deemed probable and reasonably estimable	195	194	268
Environmental liability payments	(228)	(273)	(321)
Other	26	6	1
End of period	$ 511	$ 518	$ 591

COMMITMENTS AND CONTINGENCIES 2

COMMITMENTS AND CONTINGENCIES 2 (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Asbestos Related Liabilities Disclosure [Abstract]
Asbestos Related Liabilities, Beginning of Period	$ 1,543,000,000	$ 1,552,000,000	$ 1,611,000,000
Accrual for update to estimated liability	212,000,000	188,000,000	199,000,000
Change in estimated cost of future claims	13,000,000	11,000,000	(1,000,000)
Update of expected resolution values for pending claims	4,000,000	1,000,000	2,000,000
Asbestos related liability payments	(212,000,000)	(209,000,000)	(259,000,000)
Asbestos Related Liabilities, End of Period	1,560,000,000	1,543,000,000	1,552,000,000
Asbestos Related Liabilities Insurance Recoveries [Line Items]
Insurance Recoveries, beginning of period	449,000,000	485,000,000	672,000,000
Probable insurance recoveries related to estimated liability	26,000,000	21,000,000	24,000,000
Insurance receipts for asbestos related liabilities	(43,000,000)	(63,000,000)	(211,000,000)
Insurance receivables settlements and write-offs	7,000,000	7,000,000	1,000,000
Other	1,000,000	(1,000,000)	(1,000,000)
Insurance recoveries, end of period	440,000,000	449,000,000	485,000,000
Bendix Asbestos Loss Contingency Liability [Member]
Asbestos Related Liabilities Disclosure [Abstract]
Asbestos Related Liabilities, Beginning of Period	622,000,000	623,000,000	656,000,000
Accrual for update to estimated liability	203,000,000	180,000,000	195,000,000
Change in estimated cost of future claims	13,000,000	11,000,000	(1,000,000)
Update of expected resolution values for pending claims	4,000,000	1,000,000	2,000,000
Asbestos related liability payments	(201,000,000)	(193,000,000)	(229,000,000)
Asbestos Related Liabilities, End of Period	641,000,000	622,000,000	623,000,000
Asbestos Related Liabilities Insurance Recoveries [Line Items]
Insurance Recoveries, beginning of period	124,000,000	135,000,000	141,000,000
Probable insurance recoveries related to estimated liability	26,000,000	21,000,000	24,000,000
Insurance receipts for asbestos related liabilities	(37,000,000)	(33,000,000)	(24,000,000)
Insurance receivables settlements and write-offs	7,000,000	1,000,000	(6,000,000)
Other	1,000,000	0	0
Insurance recoveries, end of period	121,000,000	124,000,000	135,000,000
Narco Asbestos Loss Contingency Liability [Member]
Asbestos Related Liabilities Disclosure [Abstract]
Asbestos Related Liabilities, Beginning of Period	921,000,000	929,000,000	955,000,000
Accrual for update to estimated liability	9,000,000	8,000,000	4,000,000
Change in estimated cost of future claims	0	0	0
Update of expected resolution values for pending claims	0	0	0
Asbestos related liability payments	(11,000,000)	(16,000,000)	(30,000,000)
Asbestos Related Liabilities, End of Period	919,000,000	921,000,000	929,000,000
Asbestos Related Liabilities Insurance Recoveries [Line Items]
Insurance Recoveries, beginning of period	325,000,000	350,000,000	531,000,000
Probable insurance recoveries related to estimated liability	0	0	0
Insurance receipts for asbestos related liabilities	(6,000,000)	(30,000,000)	(187,000,000)
Insurance receivables settlements and write-offs	0	6,000,000	7,000,000
Other	0	(1,000,000)	(1,000,000)
Insurance recoveries, end of period	$ 319,000,000	$ 325,000,000	$ 350,000,000

COMMITMENTS AND CONTINGENCIES 3

COMMITMENTS AND CONTINGENCIES 3 (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
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	417	426
Total assets	440	449	$ 485	$ 672
Accrued liabilities	546	292
Asbestos related liabilities	1,014	1,251
Total liabilities	$ 1,560	$ 1,543	$ 1,552	$ 1,611

COMMITMENTS AND CONTINGENCIES 4

COMMITMENTS AND CONTINGENCIES 4 (Details) $ in Millions	Dec. 31, 2016USD ($)
Loss Contingency By Nature Of Contingency [Line Items]
Loss Contingency Estimated Pre-established Unliquidated Claims Amount	$ 145
Loss Contingency Unsettled Claims Amount	31
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
Years 2017 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
Narco Asbestos Loss Contingency Liability [Member] | Minimum [Member]
Loss Contingency By Nature Of Contingency [Line Items]
Estimated Liability	743
Narco Asbestos Loss Contingency Liability [Member] | Maximum [Member]
Loss Contingency By Nature Of Contingency [Line Items]
Estimated Liability	$ 961

COMMITMENTS AND CONTINGENCIES 5

COMMITMENTS AND CONTINGENCIES 5 (Details) - Bendix Asbestos Loss Contingency Liability [Member]	12 Months Ended
	Dec. 31, 2016claims$ / claims	Dec. 31, 2015claims$ / claims	Dec. 31, 2014claims$ / claims	Dec. 31, 2013$ / claims	Dec. 31, 2012$ / claims
Loss Contingency Claims [Abstract]
Claims unresolved at the beginning of period	7,779	9,267
Claims Filed	2,830	2,862
Claims Resolved	(2,885)	(4,350)
Claims unresolved at the end of period	7,724	7,779	9,267
Loss Contingency, Disease Distribution of Unresolved Claims [Abstract]
Mesothelioma and Other Cancer Claims	3,490	3,772
Nonmalignant Claims	4,234	4,007
Claims unresolved at the end of period	7,724	7,779	9,267
Resolution Values Per Claim [Abstract]
Malignant claims | $ / claims	44,000	44,000	53,500	51,000	49,000
Nonmalignant claims | $ / claims	4,485	100	120	850	1,400

COMMITMENTS AND CONTINGENCIES 6

COMMITMENTS AND CONTINGENCIES 6 (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)
United Auto Workers [Member] | Pre 2003 Retirees [Member]
Other Matters [Line Items]
Potential Opeb Increase Due To Adverse Ruling	$ 129
United Auto Workers [Member] | Post 2003 Retirees [Member]
Other Matters [Line Items]
Potential Opeb Increase Due To Adverse Ruling	$ 95
Joint Strike Fighter [Member]
Other Matters [Line Items]
Information request	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

COMMITMENTS AND CONTINGENCIES 7

COMMITMENTS AND CONTINGENCIES 7 (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2016	Dec. 31, 2015
Product Warranties and Guarantees [Roll forward]
Beginning of year	$ 416	$ 403	$ 405
Accruals for warranties/guarantees issued during the year	326	206	225
Adjustments of pre-existing warranties/guarantees	(40)	13	(34)
Settlement of warranty/guarantee claims	(215)	(206)	(193)
End of year	487	416	403
Product Warranties and Guarantees, Balance Sheet Classification [Abstract]
Accrued liabilities				$ 351	$ 355
Other liabilities				136	61
Total Product Warranties and Guarantees Liabilities	$ 416	$ 416	$ 403	$ 487	$ 416

PENSION AND OTHER POSTRETIREM96

PENSION AND OTHER POSTRETIREMENT BENEFITS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Amounts recognized in Consolidated Balance Sheet [Abstract]
Postretirement benefit obligations other than pensions		$ (473,000,000)	$ (526,000,000)
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Income) Loss [Abstract]
Total recognized in other comprehensive (income) loss		$ 336,000,000	(129,000,000)	$ 1,707,000,000
Other Postretirement Benefits for Significant Plans [Member]
Pension Benefits Paragraph Details [Abstract]
Explanation of significant changes in benefit obligations		None of Honeywell’s U.S. employees are eligible for a retiree medical subsidy from the Company. In addition, more than 80% of Honeywell’s U.S. retirees either have no Company subsidy or have a fixed-dollar subsidy amount. This significantly limits our exposure to the impact of future health care cost increases.
Change in Benefit Obligation [Roll forward]
Benefit obligation at beginning of year	$ 492,000,000	$ 569,000,000	973,000,000
Service cost		0	0	0
Interest cost		20,000,000	33,000,000	42,000,000
Plan amendments		27,000,000	(290,000,000)
Actuarial (gains) losses		(31,000,000)	(55,000,000)
Benefits paid - OPEB		(93,000,000)	(92,000,000)
Benefit obligation at end of year		492,000,000	569,000,000	973,000,000
Change In Plan Assets [Roll forward]
Fair value of plan assets at beginning of year	0	0	0
Actual return on plan assets		0	0
Company contributions		0	0
Benefits paid - OPEB		0	0
Fair value of plan assets at end of year		0	0	0
Funded status of plans		(492,000,000)	(569,000,000)
Amounts recognized in Consolidated Balance Sheet [Abstract]
Accrued Liabilities		(62,000,000)	(85,000,000)
Postretirement benefit obligations other than pensions		(430,000,000)	(484,000,000)
Net amount recognized		(492,000,000)	(569,000,000)
Foreign plans excluded from postretirement benefits other than pensions		43,000,000	42,000,000
Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income [Abstract]
Prior service (credit)		(393,000,000)	(496,000,000)
Net actuarial loss		136,000,000	189,000,000
Net amount recognized		(257,000,000)	(307,000,000)
Defined Benefit Plan Disclosure [Abstract]
Service cost		0	0	0
Interest cost		20,000,000	33,000,000	42,000,000
Amortization of prior service cost (credit)		(76,000,000)	(30,000,000)	(20,000,000)
Recognition of actuarial losses		22,000,000	34,000,000	24,000,000
Net periodic benefit (income) cost		(34,000,000)	37,000,000	46,000,000
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Income) Loss [Abstract]
Actuarial (gains) losses		(31,000,000)	(55,000,000)	46,000,000
Prior service cost (credit)		27,000,000	(290,000,000)	(87,000,000)
Prior service (cost) credit recognized during year		76,000,000	30,000,000	20,000,000
Actuarial losses recognized during year		(22,000,000)	(34,000,000)	(24,000,000)
Total recognized in other comprehensive (income) loss		50,000,000	(349,000,000)	(45,000,000)
Total recognized in net periodic benefit (income) cost and other comprehensive (income) loss		$ 16,000,000	(312,000,000)	1,000,000
Other Postretirement Benefits for Significant Plans [Member] | Scenario Forecast [Member]
Defined Benefit Plan Disclosure [Abstract]
Amortization of prior service cost (credit)	(70,000,000)
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Income) Loss [Abstract]
Net loss to be amortized	14,000,000
United States, Defined Benefit [Member]
Pension Benefits Paragraph Details [Abstract]
Explanation of significant changes in benefit obligations		All non-union hourly and salaried employees joining Honeywell for the first time after December 31, 2012, are not eligible to participate in Honeywell’s U.S. defined benefit pension plans.
Change in Benefit Obligation [Roll forward]
Benefit obligation at beginning of year	17,414,000,000	$ 17,298,000,000	18,035,000,000
Service cost		191,000,000	223,000,000	241,000,000
Interest cost		600,000,000	696,000,000	771,000,000
Plan amendments		0	(429,000,000)
Actuarial (gains) losses		448,000,000	(269,000,000)
Acquisitions		0	61,000,000
Benefits paid		(1,135,000,000)	(1,027,000,000)
Settlements and curtailments		0	0
Foreign currency translation		0	0
Other		12,000,000	8,000,000
Benefit obligation at end of year		17,414,000,000	17,298,000,000	18,035,000,000
Change In Plan Assets [Roll forward]
Fair value of plan assets at beginning of year	16,814,000,000	16,349,000,000	17,066,000,000
Actual return on plan assets		1,554,000,000	233,000,000
Company contributions		36,000,000	34,000,000
Acquisitions		0	43,000,000
Benefits paid		(1,135,000,000)	(1,027,000,000)
Foreign currency translation		0	0
Other		10,000,000	0
Fair value of plan assets at end of year		16,814,000,000	16,349,000,000	17,066,000,000
Funded status of plans		(600,000,000)	(949,000,000)
Amounts recognized in Consolidated Balance Sheet [Abstract]
Other Assets		0	0
Accrued Liabilities		(106,000,000)	(51,000,000)
Other Liabilities - Noncurrent		(494,000,000)	(898,000,000)
Net amount recognized		(600,000,000)	(949,000,000)
Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income [Abstract]
Prior service (credit)		(312,000,000)	(355,000,000)
Net actuarial loss		1,099,000,000	1,005,000,000
Net amount recognized		787,000,000	650,000,000
Defined Benefit Plan Disclosure [Abstract]
Service cost		191,000,000	223,000,000	241,000,000
Interest cost		600,000,000	696,000,000	771,000,000
Expected return on plan assets		(1,226,000,000)	(1,278,000,000)	(1,257,000,000)
Amortization of transition obligations		0	0	0
Amortization of prior service cost (credit)		(43,000,000)	13,000,000	23,000,000
Recognition of actuarial losses		27,000,000	52,000,000	26,000,000
Settlements and curtailments		0	8,000,000	0
Net periodic benefit (income) cost		(451,000,000)	(286,000,000)	(196,000,000)
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Income) Loss [Abstract]
Actuarial (gains) losses		121,000,000	775,000,000	1,686,000,000
Prior service cost (credit)		0	(429,000,000)	0
Transition obligation recognized during year		0	0	0
Prior service (cost) credit recognized during year		43,000,000	(13,000,000)	(23,000,000)
Actuarial losses recognized during year		(27,000,000)	(52,000,000)	(26,000,000)
Foreign currency translation		0	0	0
Total recognized in other comprehensive (income) loss		137,000,000	281,000,000	1,637,000,000
Total recognized in net periodic benefit (income) cost and other comprehensive (income) loss		(314,000,000)	(5,000,000)	1,441,000,000
United States, Defined Benefit [Member] | Scenario Forecast [Member]
Defined Benefit Plan Disclosure [Abstract]
Amortization of prior service cost (credit)	(43,000,000)
Non-U.S. Pension Plans, Defined Benefit [Member]
Change in Benefit Obligation [Roll forward]
Benefit obligation at beginning of year	6,483,000,000	6,338,000,000	5,761,000,000
Service cost		47,000,000	51,000,000	56,000,000
Interest cost		179,000,000	177,000,000	231,000,000
Plan amendments		0	0
Actuarial (gains) losses		1,125,000,000	(178,000,000)
Acquisitions		6,000,000	1,137,000,000
Benefits paid		(243,000,000)	(199,000,000)
Settlements and curtailments		(50,000,000)	(11,000,000)
Foreign currency translation		(930,000,000)	(417,000,000)
Other		11,000,000	17,000,000
Benefit obligation at end of year		6,483,000,000	6,338,000,000	5,761,000,000
Change In Plan Assets [Roll forward]
Fair value of plan assets at beginning of year	6,120,000,000	6,117,000,000	5,333,000,000
Actual return on plan assets		1,006,000,000	154,000,000
Company contributions		186,000,000	147,000,000
Acquisitions		0	1,036,000,000
Benefits paid		(243,000,000)	(199,000,000)
Foreign currency translation		(957,000,000)	(361,000,000)
Other		11,000,000	7,000,000
Fair value of plan assets at end of year		6,120,000,000	6,117,000,000	5,333,000,000
Funded status of plans		(363,000,000)	(221,000,000)
Amounts recognized in Consolidated Balance Sheet [Abstract]
Other Assets		380,000,000	427,000,000
Accrued Liabilities		(11,000,000)	(7,000,000)
Other Liabilities - Noncurrent		(732,000,000)	(641,000,000)
Net amount recognized		(363,000,000)	(221,000,000)
Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income [Abstract]
Prior service (credit)		(11,000,000)	(22,000,000)
Net actuarial loss		582,000,000	464,000,000
Net amount recognized		571,000,000	442,000,000
Defined Benefit Plan Disclosure [Abstract]
Service cost		47,000,000	51,000,000	56,000,000
Interest cost		179,000,000	177,000,000	231,000,000
Expected return on plan assets		(377,000,000)	(358,000,000)	(354,000,000)
Amortization of transition obligations		0	1,000,000	2,000,000
Amortization of prior service cost (credit)		(3,000,000)	(3,000,000)	(2,000,000)
Recognition of actuarial losses		246,000,000	15,000,000	223,000,000
Settlements and curtailments		(7,000,000)	2,000,000	0
Net periodic benefit (income) cost		85,000,000	(115,000,000)	156,000,000
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Income) Loss [Abstract]
Actuarial (gains) losses		447,000,000	27,000,000	333,000,000
Prior service cost (credit)		0	0	(17,000,000)
Transition obligation recognized during year		0	(1,000,000)	(2,000,000)
Prior service (cost) credit recognized during year		10,000,000	3,000,000	2,000,000
Actuarial losses recognized during year		(246,000,000)	(17,000,000)	(223,000,000)
Foreign currency translation		(83,000,000)	(37,000,000)	(50,000,000)
Total recognized in other comprehensive (income) loss		128,000,000	(25,000,000)	43,000,000
Total recognized in net periodic benefit (income) cost and other comprehensive (income) loss		$ 213,000,000	$ (140,000,000)	$ 199,000,000
Non-U.S. Pension Plans, Defined Benefit [Member] | Scenario Forecast [Member]
Defined Benefit Plan Disclosure [Abstract]
Amortization of prior service cost (credit)	$ (1,000,000)

PENSION AND OTHER POSTRETIREM97

PENSION AND OTHER POSTRETIREMENT BENEFITS 2 (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Other Postretirement Benefits [Member]
Actuarial assumptions used to determine benefit obligations as of December 31: [Abstract]
Discount rate		3.65%	3.80%	3.45%
Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate Support Methodology And Source Data		To determine discount rates for our U.S. pension and other postretirement benefit plans, we use a modeling process that involves matching the expected cash outflows of our benefit plans to a yield curve constructed from a portfolio of high quality, fixed-income debt instruments. We use the single weighted-average yield of this hypothetical portfolio as a discount rate benchmark.
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31: [Abstract]
Discount rate - benefit obligation		3.80%	3.45%	4.05%
United States, Defined Benefit [Member]
Actuarial assumptions used to determine benefit obligations as of December 31: [Abstract]
Discount rate		4.20%	4.46%	4.08%
Expected annual rate of compensation increase		4.50%	4.48%	4.50%
Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate Support Methodology And Source Data		To determine discount rates for our U.S. pension and other postretirement benefit plans, we use a modeling process that involves matching the expected cash outflows of our benefit plans to a yield curve constructed from a portfolio of high quality, fixed-income debt instruments. We use the single weighted-average yield of this hypothetical portfolio as a discount rate benchmark.
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31: [Abstract]
Discount rate - benefit obligation		4.46%	4.08%	4.89%
Expected rate of return on plan assets		7.75%	7.75%	7.75%
Expected annual rate of compensation increase		4.48%	4.50%	4.50%
Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate Support Methodology And Source Data		During the fourth quarter of 2015 we changed the methodology used to estimate the service and interest cost components of net periodic benefit (income) cost for our significant pension plans. Previously, we estimated such cost components utilizing a single weighted-average discount rate derived from the yield curve used to measure the pension benefit obligation. The new methodology utilizes a full yield curve approach in the estimation of these cost components by applying the specific spot rates along the yield curve used in the determination of the pension benefit obligation to their underlying projected cash flows and provides a more precise measurement of service and interest costs by improving the correlation between projected cash flows and their corresponding spot rates. The change did not affect the measurement of our pension obligation and was applied prospectively as a change in estimate. For our U.S. pension plans, the single weighted average spot rates used to determine service and interest costs for 2017 are 4.42% and 3.49%.
Defined Benefit Plan Plans With Benefit Obligations In Excess of Plan Assets [Abstract]
Projected benefit obligations		$ 17,414	$ 17,298
Accumulated benefit obligations		17,263	16,899
Fair value of plan assets		16,814	16,349
Defined Benefit Plan Accumulated Benefit Obligation [Abstract]
Accumulated benefit obligation		$ 17,300	$ 16,900
United States, Defined Benefit [Member] | Service Cost
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31: [Abstract]
Discount rate - benefit obligation		4.69%
United States, Defined Benefit [Member] | Interest Costs
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31: [Abstract]
Discount rate - benefit obligation		3.59%
United States, Defined Benefit [Member] | Scenario Forecast [Member] | Service Cost
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31: [Abstract]
Discount rate - benefit obligation	4.42%
United States, Defined Benefit [Member] | Scenario Forecast [Member] | Interest Costs
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31: [Abstract]
Discount rate - benefit obligation	3.49%
Non-U.S. Pension Plans, Defined Benefit [Member]
Actuarial assumptions used to determine benefit obligations as of December 31: [Abstract]
Discount rate		2.51%	3.49%	3.26%
Expected annual rate of compensation increase		2.17%	2.11%	2.53%
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31: [Abstract]
Discount rate - benefit obligation		3.49%	3.26%	4.29%
Expected rate of return on plan assets		6.65%	6.94%	6.96%
Expected annual rate of compensation increase		2.11%	2.53%	2.81%
Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate Support Methodology And Source Data		During the fourth quarter of 2015 we changed the methodology used to estimate the service and interest cost components of net periodic benefit (income) cost for our significant pension plans. Previously, we estimated such cost components utilizing a single weighted-average discount rate derived from the yield curve used to measure the pension benefit obligation. The new methodology utilizes a full yield curve approach in the estimation of these cost components by applying the specific spot rates along the yield curve used in the determination of the pension benefit obligation to their underlying projected cash flows and provides a more precise measurement of service and interest costs by improving the correlation between projected cash flows and their corresponding spot rates. The change did not affect the measurement of our pension obligation and was applied prospectively as a change in estimate. For our U.S. pension plans, the single weighted average spot rates used to determine service and interest costs for 2017 are 4.42% and 3.49%.
Defined Benefit Plan Plans With Benefit Obligations In Excess of Plan Assets [Abstract]
Projected benefit obligations		$ 2,294	$ 1,624
Accumulated benefit obligations		2,220	1,574
Fair value of plan assets		1,552	976
Defined Benefit Plan Accumulated Benefit Obligation [Abstract]
Accumulated benefit obligation		$ 6,400	$ 6,200
Non-U.S. Pension Plans, Defined Benefit [Member] | Service Cost
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31: [Abstract]
Discount rate - benefit obligation		2.92%
Non-U.S. Pension Plans, Defined Benefit [Member] | Interest Costs
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31: [Abstract]
Discount rate - benefit obligation		3.07%

PENSION AND OTHER POSTRETIREM98

PENSION AND OTHER POSTRETIREMENT BENEFITS 3 (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Other Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	$ 0	$ 0	$ 0
United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	16,814,000,000	16,349,000,000	17,066,000,000
Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	6,120,000,000	6,117,000,000	$ 5,333,000,000
Honeywell common stock | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	2,140,000,000	1,916,000,000
U.S. equities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	3,583,000,000	4,572,000,000
U.S. equities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	650,000,000	569,000,000
Non-U.S. equities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	2,069,000,000	2,099,000,000
Non-U.S. equities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	2,153,000,000	2,200,000,000
Real estate investment trusts | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	203,000,000	209,000,000
Short term investments | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	1,306,000,000	1,332,000,000
Short term investments | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	146,000,000	108,000,000
Government securities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	305,000,000	425,000,000
Government securities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	1,530,000,000	1,621,000,000
Corporate bonds | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	4,366,000,000	3,003,000,000
Corporate bonds | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	1,220,000,000	1,073,000,000
Mortgage/Asset-backed securities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	617,000,000	561,000,000
Mortgage/Asset-backed securities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	18,000,000	94,000,000
Insurance contracts | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	7,000,000	7,000,000
Insurance contracts | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	152,000,000	170,000,000
Private Funds [Member] | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	42,000,000	10,000,000
Real Estate Funds - Global [Member] | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	124,000,000	152,000,000
Direct Private Investments [Member] | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	609,000,000	535,000,000
Real Estate Properties [Member] | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	664,000,000	626,000,000
Total plan assets, excluding NAV assets [Member] | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	15,869,000,000	15,285,000,000
Total plan assets, excluding NAV assets [Member] | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	6,035,000,000	5,997,000,000
NAV assets, Private funds [Member] | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	815,000,000	889,000,000
NAV assets, Private funds [Member] | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	33,000,000	51,000,000
NAV assets, Real estate funds [Member] | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	110,000,000	156,000,000
NAV assets, Real estate funds [Member] | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	52,000,000	69,000,000
NAV assets, Hedge funds [Member] | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	$ 20,000,000	19,000,000
Equity Securities [Member]
Defined Benefit Plan Plans With Benefit Obligations In Excess of Plan Assets Paragraph Details [Line Items]
Target allocations percentage, minimum	60.00%
Target allocations percentage, maximum	70.00%
Fixed Income Securities and Cash [Member]
Defined Benefit Plan Plans With Benefit Obligations In Excess of Plan Assets Paragraph Details [Line Items]
Target allocations percentage, minimum	10.00%
Target allocations percentage, maximum	20.00%
Real Estate [Member]
Defined Benefit Plan Plans With Benefit Obligations In Excess of Plan Assets Paragraph Details [Line Items]
Target allocations percentage, minimum	5.00%
Target allocations percentage, maximum	15.00%
Other Than Securities Investment [Member]
Defined Benefit Plan Plans With Benefit Obligations In Excess of Plan Assets Paragraph Details [Line Items]
Target allocations percentage, minimum	10.00%
Target allocations percentage, maximum	20.00%
Quoted Prices in Active Markets for Identical Assets (Level 1) | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	$ 9,269,000,000	9,972,000,000
Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	890,000,000	812,000,000
Quoted Prices in Active Markets for Identical Assets (Level 1) | Honeywell common stock | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	2,140,000,000	1,916,000,000
Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. equities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	3,583,000,000	4,572,000,000
Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. equities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	525,000,000	479,000,000
Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-U.S. equities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	2,037,000,000	1,943,000,000
Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-U.S. equities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	219,000,000	228,000,000
Quoted Prices in Active Markets for Identical Assets (Level 1) | Real estate investment trusts | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	203,000,000	209,000,000
Quoted Prices in Active Markets for Identical Assets (Level 1) | Short term investments | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	1,306,000,000	1,332,000,000
Quoted Prices in Active Markets for Identical Assets (Level 1) | Short term investments | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	146,000,000	105,000,000
Quoted Prices in Active Markets for Identical Assets (Level 1) | Government securities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Government securities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporate bonds | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporate bonds | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage/Asset-backed securities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage/Asset-backed securities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Insurance contracts | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Insurance contracts | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Private Funds [Member] | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Real Estate Funds - Global [Member] | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Direct Private Investments [Member] | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Real Estate Properties [Member] | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Observable Inputs (Level 2) | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	5,327,000,000	4,152,000,000
Significant Observable Inputs (Level 2) | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	4,998,000,000	5,023,000,000
Significant Observable Inputs (Level 2) | Honeywell common stock | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Observable Inputs (Level 2) | U.S. equities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Observable Inputs (Level 2) | U.S. equities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	125,000,000	90,000,000
Significant Observable Inputs (Level 2) | Non-U.S. equities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	32,000,000	156,000,000
Significant Observable Inputs (Level 2) | Non-U.S. equities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	1,934,000,000	1,972,000,000
Significant Observable Inputs (Level 2) | Real estate investment trusts | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Observable Inputs (Level 2) | Short term investments | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Observable Inputs (Level 2) | Short term investments | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	3,000,000
Significant Observable Inputs (Level 2) | Government securities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	305,000,000	425,000,000
Significant Observable Inputs (Level 2) | Government securities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	1,530,000,000	1,621,000,000
Significant Observable Inputs (Level 2) | Corporate bonds | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	4,366,000,000	3,003,000,000
Significant Observable Inputs (Level 2) | Corporate bonds | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	1,220,000,000	1,073,000,000
Significant Observable Inputs (Level 2) | Mortgage/Asset-backed securities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	617,000,000	561,000,000
Significant Observable Inputs (Level 2) | Mortgage/Asset-backed securities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	18,000,000	94,000,000
Significant Observable Inputs (Level 2) | Insurance contracts | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	7,000,000	7,000,000
Significant Observable Inputs (Level 2) | Insurance contracts | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	152,000,000	170,000,000
Significant Observable Inputs (Level 2) | Private Funds [Member] | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	19,000,000	0
Significant Observable Inputs (Level 2) | Real Estate Funds - Global [Member] | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Observable Inputs (Level 2) | Direct Private Investments [Member] | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Observable Inputs (Level 2) | Real Estate Properties [Member] | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	1,273,000,000	1,161,000,000
Significant Unobservable Inputs (Level 3) | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	147,000,000	162,000,000
Significant Unobservable Inputs (Level 3) | Honeywell common stock | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | U.S. equities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | U.S. equities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | Non-U.S. equities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | Non-U.S. equities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | Real estate investment trusts | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | Short term investments | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | Short term investments | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | Government securities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | Government securities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | Corporate bonds | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | Corporate bonds | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | Mortgage/Asset-backed securities | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | Mortgage/Asset-backed securities | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | Insurance contracts | United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | Insurance contracts | Non-U.S. Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	0	0
Significant Unobservable Inputs (Level 3) | Private Funds [Member] | Non-U.S. Pension Plans, Defined Benefit [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Roll Forward]
Investments at beginning of year	10,000,000	4,000,000
Relating to assets still held at year-end	1,000,000	0
Relating to assets sold during the year	0	0
Purchases	12,000,000	10,000,000
Sales and settlements	0	(4,000,000)
Investments at end of year	23,000,000	10,000,000
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	23,000,000	10,000,000
Significant Unobservable Inputs (Level 3) | Real Estate Funds - Global [Member] | Non-U.S. Pension Plans, Defined Benefit [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Roll Forward]
Investments at beginning of year	152,000,000	100,000,000
Relating to assets still held at year-end	(22,000,000)	5,000,000
Relating to assets sold during the year	(1,000,000)	0
Purchases	0	51,000,000
Sales and settlements	(5,000,000)	(4,000,000)
Investments at end of year	124,000,000	152,000,000
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	124,000,000	152,000,000
Significant Unobservable Inputs (Level 3) | Direct Private Investments [Member] | United States, Defined Benefit [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Roll Forward]
Investments at beginning of year	535,000,000	301,000,000
Relating to assets still held at year-end	(42,000,000)	47,000,000
Relating to assets sold during the year	28,000,000	21,000,000
Purchases	141,000,000	242,000,000
Sales and settlements	(53,000,000)	(76,000,000)
Investments at end of year	609,000,000	535,000,000
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	609,000,000	535,000,000
Significant Unobservable Inputs (Level 3) | Real Estate Properties [Member] | United States, Defined Benefit [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Roll Forward]
Investments at beginning of year	626,000,000	600,000,000
Relating to assets still held at year-end	11,000,000	16,000,000
Relating to assets sold during the year	7,000,000	14,000,000
Purchases	48,000,000	16,000,000
Sales and settlements	(28,000,000)	(20,000,000)
Investments at end of year	664,000,000	626,000,000
Defined Benefit Plan Disclosure [Abstract]
Fair value of pension plan assets	$ 664,000,000	$ 626,000,000

PENSION AND OTHER POSTRETIREM99

PENSION AND OTHER POSTRETIREMENT BENEFITS 4 (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
United States, Defined Benefit [Member]
Future Benefit Payments [Abstract]
2,017		$ 1,217
2,018		1,136
2,019		1,147
2,020		1,158
2,021		1,167
2022-2026		5,838
Funding Policy Paragraph Details [Line Items]
Pension notional amount		3,775	$ 2,613
Non-U.S. Pension Plans, Defined Benefit [Member]
Future Benefit Payments [Abstract]
2,017		223
2,018		225
2,019		231
2,020		238
2,021		244
2022-2026		1,323
Funding Policy Paragraph Details [Line Items]
Pension notional amount		55	$ 54
Cash pension contributions		$ 149
Non-U.S. Pension Plans, Defined Benefit [Member] | Scenario Forecast [Member]
Funding Policy Paragraph Details [Line Items]
Cash pension contributions	$ 130
Other Postretirement Benefits [Member]
Defined Benefit Plan Assumed Health Care Cost Trend Rates Abstract
Health care cost trend rate assumed for next year		7.00%	6.50%
Rate that the cost trend rate gradually declines to		5.00%	5.00%
Year that rate reaches the rate it is assumed to remain at		2,023	2,023
Effect Of One Percentage Point [abstract]
Increase on service and interest		$ 1
Decrease on service and interest		(1)
Increase on postretirement benefit obligation		25
Decrease on postretirement benefit obligation		(18)
Other Postretirement Benefits [Member] | Without Impact of Medicare Subsidy [Member]
Future Benefit Payments [Abstract]
2,017		67
2,018		62
2,019		57
2,020		52
2,021		48
2022-2026		156
Other Postretirement Benefits [Member] | Net of Medicare Subsidy [Member]
Future Benefit Payments [Abstract]
2,017		62
2,018		57
2,019		53
2,020		48
2,021		44
2022-2026		$ 141

SEGMENT FINANCIAL DATA (Details

SEGMENT FINANCIAL DATA (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of segment profit to consolidated [Abstract]
Segment Reporting Segment Profit Loss	$ 7,186	$ 7,256	$ 6,696
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Interest and other financial charges	(338)	(310)	(318)
Repositioning and other charges	(695)	(546)	(598)
Income from continuing operations before taxes	6,447	6,586	5,818
Other Postretirement Benefits for Significant Plans [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Benefit plans income/(expense)	34	(37)	(46)
Corporate [Member]
Reconciliation of segment profit to consolidated [Abstract]
Segment Reporting Segment Profit Loss	(218)	(210)	(236)
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Repositioning and other charges	(267)	(218)	(292)
Material Reconciling Items [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Pension mark-to-market adjustment	(273)	(67)	(249)
Other income (expense)	71	38	269
Interest and other financial charges	(338)	(310)	(318)
Stock compensation expense	(184)	(175)	(187)
Repositioning and other charges	(648)	(546)	(598)
Income from continuing operations before taxes	6,447	6,586	5,818
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)	601	430	254
Material Reconciling Items [Member] | Other Postretirement Benefits for Significant Plans [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Benefit plans income/(expense)	$ 32	$ (40)	$ (49)

SEGMENT FINANCIAL DATA 2 (Detai

SEGMENT FINANCIAL DATA 2 (Details) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2016USD ($)Segments	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Segment Reporting Information [Line Items]
Product sales									$ 31,362	$ 30,695	$ 32,398
Service sales									7,940	7,886	7,908
Net Sales	$ 9,985	$ 9,804	$ 9,991	$ 9,522	$ 9,982	$ 9,611	$ 9,775	$ 9,213	39,302	38,581	40,306
Depreciation and amortization									1,030	883	924
Segment Reporting Segment Profit Loss									7,186	7,256	6,696
Capital expenditures									1,095	1,073	1,094
Total Assets	54,146				49,316				$ 54,146	49,316	45,451
Additional Information About Entitys Reportable Segments									In July 2016, the Company announced the realignment of 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’s reportable operating segments are Aerospace, Home and Building Technologies, Performance Materials and Technologies and Safety and Productivity Solutions.
Number Of Operating Segments | Segments									4
Corporate Non Segment [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization									$ 61	57	57
Segment Reporting Segment Profit Loss									(218)	(210)	(236)
Capital expenditures									144	128	97
Total Assets	7,542				5,426				7,542	5,426	7,410
Operating Segments [Member]
Segment Reporting Information [Line Items]
Net Sales									39,302	38,581	40,306
Depreciation and amortization									1,030	883	924
Operating Segments [Member] | Aerospace [Member]
Segment Reporting Information [Line Items]
Product sales									9,926	10,379	10,773
Service sales									4,825	4,858	4,825
Net Sales									14,751	15,237	15,598
Depreciation and amortization									275	267	277
Segment Reporting Segment Profit Loss									2,991	3,218	2,915
Capital expenditures									331	314	315
Total Assets	11,426				11,235				11,426	11,235	11,151
Operating Segments [Member] | Home And Building Technologies [Member]
Segment Reporting Information [Line Items]
Product sales									9,374	7,985	8,267
Service sales									1,280	1,176	1,218
Net Sales									10,654	9,161	9,485
Depreciation and amortization									192	101	114
Segment Reporting Segment Profit Loss									1,683	1,512	1,455
Capital expenditures									110	103	83
Total Assets	13,201				13,950				13,201	13,950	9,857
Operating Segments [Member] | Performance Materials And Technologies [Member]
Segment Reporting Information [Line Items]
Product sales									7,601	7,674	8,662
Service sales									1,671	1,801	1,815
Net Sales									9,272	9,475	10,477
Depreciation and amortization									314	285	292
Segment Reporting Segment Profit Loss									2,050	1,990	1,876
Capital expenditures									455	481	538
Total Assets	13,026				11,699				13,026	11,699	9,805
Operating Segments [Member] | Safety And Productivity Solutions [Member]
Segment Reporting Information [Line Items]
Product sales									4,461	4,657	4,696
Service sales									164	51	50
Net Sales									4,625	4,708	4,746
Depreciation and amortization									188	173	184
Segment Reporting Segment Profit Loss									680	746	686
Capital expenditures									55	47	61
Total Assets	$ 8,951				$ 7,006				$ 8,951	$ 7,006	$ 7,228

GEOGRAPHIC AREAS FINANCIAL D102

GEOGRAPHIC AREAS FINANCIAL DATA (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Geographic Areas [Line Items]
Net Sales	$ 9,985	$ 9,804	$ 9,991	$ 9,522	$ 9,982	$ 9,611	$ 9,775	$ 9,213	$ 39,302	$ 38,581	$ 40,306
Export sales included in United States net sales									5,290	5,526	5,647
Long-Lived Assets	5,793				5,789				5,793	5,789	5,383
United States [Member]
Geographic Areas [Line Items]
Net Sales									22,652	23,771	23,911
Long-Lived Assets	3,744				3,939				3,744	3,939	3,612
Europe [Member]
Geographic Areas [Line Items]
Net Sales									9,966	8,674	9,870
Long-Lived Assets	741				746				741	746	741
Other International [Member]
Geographic Areas [Line Items]
Net Sales									6,684	6,136	6,525
Long-Lived Assets	$ 1,308				$ 1,104				$ 1,308	$ 1,104	$ 1,030

SUPPLEMENTAL CASH FLOW INFOR103

SUPPLEMENTAL CASH FLOW INFORMATION (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Non-cash investing and financing activities [Abstract]
Common stock contributed to savings plans	$ 168	$ 174	$ 168
Marketable securities contributed to non-U.S. pension plans	106	109	117
Payments for repositioning and other charges [Abstract]
Severance and exit cost payments	(228)	(118)	(161)
Environmental payments	(228)	(273)	(321)
Insurance receipts for asbestos related liabilities	43	63	211
Asbestos related liability payments	(212)	(209)	(259)
Net payments for repositioning and other charges	(625)	(537)	(530)
Interest paid, net of amounts capitalized	329	310	312
Income taxes paid, net of refunds	$ 1,142	$ 1,192	$ 1,142

UNAUDITED QUARTERLY FINANCIA104

UNAUDITED QUARTERLY FINANCIAL INFORMATION (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Selected Quarterly Financial Information Abstract
Net Sales	$ 9,985	$ 9,804	$ 9,991	$ 9,522	$ 9,982	$ 9,611	$ 9,775	$ 9,213	$ 39,302	$ 38,581	$ 40,306
Gross Profit	3,106	2,901	3,170	2,975	3,065	2,957	2,961	2,851	12,152	11,834
Net income attributable to Honeywell	$ 1,034	$ 1,240	$ 1,319	$ 1,216	$ 1,194	$ 1,264	$ 1,194	$ 1,116	$ 4,809	$ 4,768	$ 4,239
Earnings per share - Basic	$ 1.36	$ 1.62	$ 1.73	$ 1.58	$ 1.55	$ 1.62	$ 1.52	$ 1.42	$ 6.29	$ 6.11	$ 5.4
Earnings per share of common stock - assuming dilution	1.34	1.6	1.7	1.56	1.53	1.6	1.51	1.41	6.2	6.04	5.33
Dividends paid per share	0.665	0.595	0.595	0.595	0.595	0.5175	0.5175	0.5175	2.45	2.15	$ 1.87
Market Price [Abstract]
Market price per share high	118.09	119.88	117.32	113.23	101.65	104.29	104.17	101.76	119.88	104.29
Market price per share low	$ 105.78	$ 111.6	$ 111.46	$ 96.24	$ 92.93	$ 101.72	$ 102.87	$ 98.78	$ 96.24	$ 92.93