Honeywell International Inc.
(Unaudited)
(Dollars in millions)
Exhibit 99.1
Segment Information for three months ended March 31, 2017 and 2016
Three Months Ended March 31, | ||||||||
2017 | 2016 | |||||||
Net Sales | ||||||||
Aerospace | $ | 3,546 | $ | 3,705 | ||||
Home and Building Technologies | 2,269 | 2,175 | ||||||
Performance Materials and Technologies | 2,353 | 2,583 | ||||||
Safety and Productivity Solutions | 1,324 | 1,059 | ||||||
Total | $ | 9,492 | $ | 9,522 | ||||
Segment Profit | ||||||||
Aerospace | $ | 796 | $ | 798 | ||||
Home and Building Technologies | 377 | 356 | ||||||
Performance Materials and Technologies | 483 | 465 | ||||||
Safety and Productivity Solutions | 194 | 150 | ||||||
Corporate | (61 | ) | (49 | ) | ||||
Total | $ | 1,789 | $ | 1,720 |
Honeywell International Inc.
(Unaudited)
(Dollars in millions)
Three Months Ended March 31, | ||||||||||||
2017 | 2016 | % Change | ||||||||||
Aerospace Sales | ||||||||||||
Commercial Aviation Original Equipment | $ | 611 | $ | 701 | (13 | )% | ||||||
Commercial Aviation Aftermarket | 1,201 | 1,148 | 5 | % | ||||||||
Defense and Space | 950 | 1,069 | (11 | )% | ||||||||
Transportation Systems | 784 | 787 | - | |||||||||
Total Aerospace Sales | 3,546 | 3,705 | ||||||||||
Home and Building Technologies Sales | ||||||||||||
Home and Building Products | 1,157 | 1,096 | 6 | % | ||||||||
Home and Building Distribution | 1,112 | 1,079 | 3 | % | ||||||||
Total Home and Building Technologies Sales | 2,269 | 2,175 | ||||||||||
Performance Materials and Technologies Sales | ||||||||||||
UOP | 577 | 568 | 2 | % | ||||||||
Process Solutions | 1,109 | 1,139 | (3 | )% | ||||||||
Advanced Materials | 667 | 876 | (24 | )% | ||||||||
Total Performance Materials and Technologies Sales | 2,353 | 2,583 | ||||||||||
Safety and Productivity Solutions Sales | ||||||||||||
Safety | 521 | 508 | 3 | % | ||||||||
Productivity Solutions | 803 | 551 | 46 | % | ||||||||
Total Safety and Productivity Solutions Sales | 1,324 | 1,059 | ||||||||||
Net Sales | $ | 9,492 | $ | 9,522 |
2 |
Honeywell International Inc.
(Unaudited)
(Dollars in millions)
Home and Building Technologies
Three Months Ended | ||||||||||||
March 31, | ||||||||||||
2017 | 2016 | % Change | ||||||||||
Net sales | $ | 2,269 | $ | 2,175 | 4 | % | ||||||
Cost of products and services sold | 1,480 | 1,404 | ||||||||||
Selling, general and administrative and other expenses | 412 | 415 | ||||||||||
Segment profit | $ | 377 | $ | 356 | 6 | % | ||||||
2017 vs. 2016 | ||||||||||||
Three Months Ended | ||||||||||||
March 31, | ||||||||||||
Factors Contributing to Year-Over-Year Change | Sales | Segment Profit | ||||||||||
Organic growth/ Operational segment profit | 4 | % | 7 | % | ||||||||
Foreign currency translation | (2) | % | (2) | % | ||||||||
Acquisitions, divestitures and other, net | 2 | % | 1 | % | ||||||||
Total % Change | 4 | % | 6 | % |
Performance Materials and Technologies
Three Months Ended March 31, | ||||||||||||
2017 | 2016 | % Change | ||||||||||
Net sales | $ | 2,353 | $ | 2,583 | (9) | % | ||||||
Cost of products and services sold | 1,547 | 1,781 | ||||||||||
Selling, general and administrative and other expenses | 323 | 337 | ||||||||||
Segment profit | $ | 483 | $ | 465 | 4 | % | ||||||
2017 vs. 2016 | ||||||||||||
Three Months Ended | ||||||||||||
March 31, | ||||||||||||
Factors Contributing to Year-Over-Year Change | Sales | Segment Profit | ||||||||||
Organic growth/ Operational segment profit | 4 | % | 17 | % | ||||||||
Foreign currency translation | (1) | % | (2) | % | ||||||||
Acquisitions, divestitures and other, net | (12) | % | (11) | % | ||||||||
Total % Change | (9) | % | 4 | % |
3 |
Honeywell International Inc.
(Unaudited)
(Dollars in millions)
Segment Information for the three and six months ended June 30, 2017 and 2016
Three Months Ended | Six Months Ended | |||||||||||||||
June 30, | June 30, | |||||||||||||||
2017 | 2016 | 2017 | 2016 | |||||||||||||
Net Sales | ||||||||||||||||
Aerospace | $ | 3,674 | $ | 3,779 | $ | 7,220 | $ | 7,484 | ||||||||
Home and Building Technologies | 2,414 | 2,402 | 4,683 | 4,577 | ||||||||||||
Performance Materials and Technologies | 2,561 | 2,708 | 4,914 | 5,291 | ||||||||||||
Safety and Productivity Solutions | 1,429 | 1,102 | 2,753 | 2,161 | ||||||||||||
Total | $ | 10,078 | $ | 9,991 | $ | 19,570 | $ | 19,513 | ||||||||
Segment Profit | ||||||||||||||||
Aerospace | $ | 819 | $ | 791 | $ | 1,615 | $ | 1,589 | ||||||||
Home and Building Technologies | 391 | 389 | 768 | 745 | ||||||||||||
Performance Materials and Technologies | 553 | 543 | 1,036 | 1,008 | ||||||||||||
Safety and Productivity Solutions | 214 | 173 | 408 | 323 | ||||||||||||
Corporate | (67 | ) | (49 | ) | (128 | ) | (98 | ) | ||||||||
Total | $ | 1,910 | $ | 1,847 | $ | 3,699 | $ | 3,567 |
4 |
Honeywell International Inc.
(Unaudited)
(Dollars in millions)
Three Months Ended | Six Months Ended | |||||||||||||||||||||||
June 30, | June 30, | |||||||||||||||||||||||
% | % | |||||||||||||||||||||||
2017 | 2016 | Change | 2017 | 2016 | Change | |||||||||||||||||||
Aerospace Sales | ||||||||||||||||||||||||
Commercial Aviation Original Equipment | $ | 641 | $ | 676 | (5 | )% | $ | 1,252 | $ | 1,377 | (9 | )% | ||||||||||||
Commercial Aviation Aftermarket | 1,262 | 1,207 | 5 | % | 2,463 | 2,355 | 5 | % | ||||||||||||||||
Defense and Space | 983 | 1,096 | (10 | )% | 1,933 | 2,165 | (11 | )% | ||||||||||||||||
Transportation Systems | 788 | 800 | (2 | )% | 1,572 | 1,587 | (1 | )% | ||||||||||||||||
Total Aerospace Sales | 3,674 | 3,779 | 7,220 | 7,484 | ||||||||||||||||||||
Home and Building Technologies Sales | ||||||||||||||||||||||||
Home and Building Products | 1,205 | 1,225 | (2 | )% | 2,362 | 2,321 | 2 | % | ||||||||||||||||
Home and Building Distribution | 1,209 | 1,177 | 3 | % | 2,321 | 2,256 | 3 | % | ||||||||||||||||
Total Home and Building Technologies Sales | 2,414 | 2,402 | 4,683 | 4,577 | ||||||||||||||||||||
Performance Materials and Technologies Sales | ||||||||||||||||||||||||
UOP | 641 | 614 | 4 | % | 1,218 | 1,182 | 3 | % | ||||||||||||||||
Process Solutions | 1,189 | 1,160 | 3 | % | 2,298 | 2,299 | - | |||||||||||||||||
Advanced Materials | 731 | 934 | (22 | )% | 1,398 | 1,810 | (23 | )% | ||||||||||||||||
Total Performance Materials and Technologies Sales | 2,561 | 2,708 | 4,914 | 5,291 | ||||||||||||||||||||
Safety and Productivity Solutions Sales | ||||||||||||||||||||||||
Safety | 529 | 524 | 1 | % | 1,050 | 1,032 | 2 | % | ||||||||||||||||
Productivity Solutions | 900 | 578 | 56 | % | 1,703 | 1,129 | 51 | % | ||||||||||||||||
Total Safety and Productivity Solutions Sales | 1,429 | 1,102 | 2,753 | 2,161 | ||||||||||||||||||||
Net Sales | $ | 10,078 | $ | 9,991 | $ | 19,570 | $ | 19,513 |
5 |
Honeywell International Inc.
(Unaudited)
(Dollars in millions)
Home and Building Technologies
Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||||||||||
2017 | 2016 | % Change | 2017 | 2016 | % Change | |||||||||||||||||||
Net sales | $ | 2,414 | $ | 2,402 | - | $ | 4,683 | $ | 4,577 | 2 | % | |||||||||||||
Cost of products and services sold | 1,598 | 1,575 | 3,078 | 2,979 | ||||||||||||||||||||
Selling, general and administrative and other expenses | 425 | 438 | 837 | 853 | ||||||||||||||||||||
Segment profit | $ | 391 | $ | 389 | 1 | % | $ | 768 | $ | 745 | 3 | % |
2017 vs. 2016 | ||||||||||||||||
Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
Factors Contributing to Year-Over-Year Change | Sales | Segment Profit | Sales | Segment Profit | ||||||||||||
Organic growth/ Operational segment profit | 2 | % | 2 | % | 3 | % | 4 | % | ||||||||
Foreign currency translation | (2) | % | (1) | % | (2) | % | (2) | % | ||||||||
Acquisitions, divestitures and other, net | - | - | 1 | % | 1 | % | ||||||||||
Total % Change | - | 1 | % | 2 | % | 3 | % |
Performance Materials and Technologies
Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||||||||||
2017 | 2016 | % Change | 2017 | 2016 | % Change | |||||||||||||||||||
Net sales | $ | 2,561 | $ | 2,708 | (5) | % | $ | 4,914 | $ | 5,291 | (7) | % | ||||||||||||
Cost of products and services sold | 1,678 | 1,823 | 3,225 | 3,604 | ||||||||||||||||||||
Selling, general and administrative and other expenses | 330 | 342 | 653 | 679 | ||||||||||||||||||||
Segment profit | $ | 553 | $ | 543 | 2 | % | $ | 1,036 | $ | 1,008 | 3 | % |
2017 vs. 2016 | ||||||||||||||||
Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
Factors Contributing to Year-Over-Year Change | Sales | Segment Profit | Sales | Segment Profit | ||||||||||||
Organic growth/ Operational segment profit | 8 | % | 11 | % | 6 | % | 13 | % | ||||||||
Foreign currency translation | (1) | % | (1) | % | (1) | % | (1) | % | ||||||||
Acquisitions, divestitures and other, net | (12) | % | (8) | % | (12) | % | (9) | % | ||||||||
Total % Change | (5) | % | 2 | % | (7) | % | 3 | % |
6 |
Honeywell International Inc.
(Unaudited)
(Dollars in millions)
Segment Information for the three and nine months ended September 30, 2017 and 2016
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
2017 | 2016 | 2017 | 2016 | |||||||||||||
Net Sales | ||||||||||||||||
Aerospace | $ | 3,657 | $ | 3,601 | $ | 10,877 | $ | 11,085 | ||||||||
Home and Building Technologies | 2,479 | 2,425 | 7,162 | 7,002 | ||||||||||||
Performance Materials and Technologies | 2,571 | 2,605 | 7,485 | 7,896 | ||||||||||||
Safety and Productivity Solutions | 1,414 | 1,173 | 4,167 | 3,334 | ||||||||||||
Total | $ | 10,121 | $ | 9,804 | $ | 29,691 | $ | 29,317 | ||||||||
Segment Profit | ||||||||||||||||
Aerospace | $ | 780 | $ | 663 | $ | 2,395 | $ | 2,252 | ||||||||
Home and Building Technologies | 421 | 427 | 1,189 | 1,172 | ||||||||||||
Performance Materials and Technologies | 563 | 517 | 1,599 | 1,525 | ||||||||||||
Safety and Productivity Solutions | 213 | 172 | 621 | 495 | ||||||||||||
Corporate | (82 | ) | (59 | ) | (210 | ) | (157 | ) | ||||||||
Total | $ | 1,895 | $ | 1,720 | $ | 5,594 | $ | 5,287 |
7 |
Honeywell International Inc.
(Unaudited)
(Dollars in millions)
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||||||
% | % | |||||||||||||||||||
2017 | 2016 | Change | 2017 | 2016 | Change | |||||||||||||||
Aerospace Sales | ||||||||||||||||||||
Commercial Aviation Original Equipment | $ | 593 | $ | 538 | 10% | $ | 1,845 | $ | 1,915 | (4)% | ||||||||||
Commercial Aviation Aftermarket | 1,312 | 1,215 | 8% | 3,775 | 3,570 | 6% | ||||||||||||||
Defense and Space | 992 | 1,125 | (12)% | 2,925 | 3,290 | (11)% | ||||||||||||||
Transportation Systems | 760 | 723 | 5% | 2,332 | 2,310 | 1% | ||||||||||||||
Total Aerospace Sales | 3,657 | 3,601 | 10,877 | 11,085 | ||||||||||||||||
Home and Building Technologies Sales | ||||||||||||||||||||
Home and Building Products | 1,243 | 1,223 | 2% | 3,605 | 3,544 | 2% | ||||||||||||||
Home and Building Distribution | 1,236 | 1,202 | 3% | 3,557 | 3,458 | 3% | ||||||||||||||
Total Home and Building Technologies Sales | 2,479 | 2,425 | 7,162 | 7,002 | ||||||||||||||||
Performance Materials and Technologies Sales | ||||||||||||||||||||
UOP | 706 | 564 | 25% | 1,924 | 1,746 | 10% | ||||||||||||||
Process Solutions | 1,206 | 1,123 | 7% | 3,504 | 3,422 | 2% | ||||||||||||||
Advanced Materials | 659 | 918 | (28)% | 2,057 | 2,728 | (25)% | ||||||||||||||
Total Performance Materials and Technologies Sales | 2,571 | 2,605 | 7,485 | 7,896 | ||||||||||||||||
Safety and Productivity Solutions Sales | ||||||||||||||||||||
Safety | 537 | 526 | 2% | 1,587 | 1,558 | 2% | ||||||||||||||
Productivity Solutions | 877 | 647 | 36% | 2,580 | 1,776 | 45% | ||||||||||||||
Total Safety and Productivity Solutions Sales | 1,414 | 1,173 | 4,167 | 3,334 | ||||||||||||||||
Net Sales | $ | 10,121 | $ | 9,804 | $ | 29,691 | $ | 29,317 |
8 |
Honeywell International Inc.
(Unaudited)
(Dollars in millions)
Home and Building Technologies
Three Months Ended | Nine Months Ended | |||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||
2017 | 2016 | % Change | 2017 | 2016 | % Change | |||||||||||||||||||
Net sales | $ | 2,479 | $ | 2,425 | 2 | % | $ | 7,162 | $ | 7,002 | 2 | % | ||||||||||||
Cost of products and services sold | 1,636 | 1,561 | 4,714 | 4,540 | ||||||||||||||||||||
Selling, general and administrative and other expenses | 422 | 437 | 1,259 | 1,290 | ||||||||||||||||||||
Segment profit | $ | 421 | $ | 427 | (1) | % | $ | 1,189 | $ | 1,172 | 1 | % |
2017 vs. 2016 | ||||||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
Factors Contributing to Year-Over-Year Change | Sales | Segment Profit | Sales | Segment Profit | ||||||||||||
Organic growth/ Operational segment profit | 1 | % | (3) | % | 2 | % | 1 | % | ||||||||
Foreign currency translation | 1 | % | 2 | % | (1) | % | - | |||||||||
Acquisitions, divestitures and other, net | - | - | 1 | % | - | |||||||||||
Total % Change | 2 | % | (1) | % | 2 | % | 1 | % |
Performance Materials and Technologies
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||||||||||
2017 | 2016 | % Change | 2017 | 2016 | % Change | |||||||||||||||||||
Net sales | $ | 2,571 | $ | 2,605 | (1) | % | $ | 7,485 | $ | 7,896 | (5) | % | ||||||||||||
Cost of products and services sold | 1,651 | 1,764 | 4,876 | 5,368 | ||||||||||||||||||||
Selling, general and administrative and other expenses | 357 | 324 | 1,010 | 1,003 | ||||||||||||||||||||
Segment profit | $ | 563 | $ | 517 | 9 | % | $ | 1,599 | $ | 1,525 | 5 | % |
2017 vs. 2016 | ||||||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
Factors Contributing to Year-Over-Year Change | Sales | Segment Profit | Sales | Segment Profit | ||||||||||||
Organic growth/ Operational segment profit | 10 | % | 15 | % | 7 | % | 14 | % | ||||||||
Foreign currency translation | 1 | % | 1 | % | - | - | ||||||||||
Acquisitions, divestitures and other, net | (12) | % | (7) | % | (12) | % | (9) | % | ||||||||
Total % Change | (1) | % | 9 | % | (5) | % | 5 | % |
9 |
Honeywell International Inc.
(Unaudited)
(Dollars in millions)
Segment Information for the years ended December 31, 2016 and 2015
Years Ended December 31, | ||||||||
2016 | 2015 | |||||||
Net Sales | ||||||||
Aerospace | $ | 14,751 | $ | 15,237 | ||||
Home and Building Technologies | 9,490 | 9,026 | ||||||
Performance Materials and Technologies | 10,436 | 9,610 | ||||||
Safety and Productivity Solutions | 4,625 | 4,708 | ||||||
Total | $ | 39,302 | $ | 38,581 | ||||
Segment Profit | ||||||||
Aerospace | $ | 2,991 | $ | 3,218 | ||||
Home and Building Technologies | 1,621 | 1,492 | ||||||
Performance Materials and Technologies | 2,112 | 2,010 | ||||||
Safety and Productivity Solutions | 680 | 746 | ||||||
Corporate | (218 | ) | (210 | ) | ||||
Total | $ | 7,186 | $ | 7,256 |
10 |
Honeywell International Inc.
(Unaudited)
(Dollars in millions)
Years Ended December 31, | ||||||||||
2016 | 2015 | % Change | ||||||||
Aerospace Sales | ||||||||||
Commercial Aviation Original Equipment | $ | 2,525 | $ | 2,905 | (13)% | |||||
Commercial Aviation Aftermarket | 4,796 | 4,656 | 3% | |||||||
Defense and Space | 4,375 | 4,715 | (7)% | |||||||
Transportation Systems | 3,055 | 2,961 | 3% | |||||||
Total Aerospace Sales | 14,751 | 15,237 | ||||||||
Home and Building Technologies Sales | ||||||||||
Home and Building Products | 4,803 | 4,576 | 5% | |||||||
Home and Building Distribution | 4,687 | 4,450 | 5% | |||||||
Total Home and Building Technologies Sales | 9,490 | 9,026 | ||||||||
Performance Materials and Technologies Sales | ||||||||||
UOP | 2,469 | 2,976 | (17)% | |||||||
Process Solutions | 4,640 | 3,124 | 49% | |||||||
Advanced Materials | 3,327 | 3,510 | (5)% | |||||||
Total Performance Materials and Technologies Sales | 10,436 | 9,610 | ||||||||
Safety and Productivity Solutions Sales | ||||||||||
Safety | 2,075 | 2,135 | (3)% | |||||||
Productivity Solutions | 2,550 | 2,573 | (1)% | |||||||
Total Safety and Productivity Solutions Sales | 4,625 | 4,708 | ||||||||
Net Sales | $ | 39,302 | $ | 38,581 |
11 |
Honeywell International Inc.
(Unaudited)
(Dollars in millions)
Home and Building Technologies
Years Ended December 31, | ||||||||||||
2016 | 2015 | % Change | ||||||||||
Net sales | $ | 9,490 | $ | 9,026 | 5 | % | ||||||
Cost of products and services sold | 6,152 | 5,859 | ||||||||||
Selling, general and administrative and other expenses | 1,717 | 1,675 | ||||||||||
Segment profit | $ | 1,621 | $ | 1,492 | 9 | % |
Years Ended December 31, | ||||||||
2016 vs. 2015 | ||||||||
Factors Contributing to Year-Over-Year Change | Sales | Segment Profit | ||||||
Organic growth/ Operational segment profit | 5 | % | 8 | % | ||||
Foreign currency translation | (2) | % | (2) | % | ||||
Acquisitions, divestitures and other, net | 2 | % | 3 | % | ||||
Total % Change | 5 | % | 9 | % |
Performance Materials and Technologies
Years Ended December 31, | ||||||||||||
2016 | 2015 | % Change | ||||||||||
Net sales | $ | 10,436 | $ | 9,610 | 9 | % | ||||||
Cost of products and services sold | 6,978 | 6,516 | ||||||||||
Selling, general and administrative and other expenses | 1,346 | 1,084 | ||||||||||
Segment profit | $ | 2,112 | $ | 2,010 | 5 | % |
Years Ended December 31, | ||||||||
2016 vs. 2015 | ||||||||
Factors Contributing to Year-Over-Year Change | Sales | Segment Profit | ||||||
Organic growth/ Operational segment profit | (3) | % | 2 | % | ||||
Foreign currency translation | (1) | % | (2) | % | ||||
Acquisitions, divestitures and other, net | 13 | % | 5 | % | ||||
Total % Change | 9 | % | 5 | % |
12 |