Honeywell International (HON) 10-Q 19 Oct 18 2018 Q3 Quarterly report Financial data

DOCUMENT AND ENTITY INFORMATION

DOCUMENT AND ENTITY INFORMATION	9 Months Ended
	Sep. 30, 2018shares
Document And Entity Information [Abstract]
Document type	10-Q
Document period end date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Amendment flag	false
Entity registrant name	Honeywell International Inc.
Entity central index key	773,840
Entity current reporting status	Yes
Current fiscal year end date	--12-31
Entity filer category	Large Accelerated Filer
Entity common stock shares outstanding	740,288,303
Entity Tax Identification Number	222,640,650

CONSOLIDATED STATEMENT OF OPERA

CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Consolidated Statement of Operations
Net Sales	$ 10,762	$ 10,121	$ 32,073	$ 29,691
Costs, expenses and other
Cost of products and services sold	7,556	7,054	22,361	20,604
Selling, general and administrative expenses	1,524	1,524	4,527	4,403
Other (income) expense	(275)	(316)	(859)	(834)
Interest and other financial charges	99	81	277	235
Cost, operating and non-operating expenses	8,904	8,343	26,306	24,408
Income before taxes	1,858	1,778	5,767	5,283
Tax expense (benefit)	(498)	416	679	1,188
Net income	2,356	1,362	5,088	4,095
Less: Net income attributable to the noncontrolling interest	18	17	44	31
Net income attributable to Honeywell	$ 2,338	$ 1,345	$ 5,044	$ 4,064
Earnings per share of common stock - basic	$ 3.15	$ 1.76	$ 6.76	$ 5.33
Earnings per share of common stock - assuming dilution	3.11	1.74	6.67	5.26
Cash dividends per share of common stock	$ 0.745	$ 0.665	$ 2.235	$ 1.995
Products [Member]
Consolidated Statement of Operations
Net Sales	$ 8,477	$ 8,052	$ 25,414	$ 23,671
Costs, expenses and other
Cost of products and services sold	6,127	5,795	18,234	16,982
Services [Member]
Consolidated Statement of Operations
Net Sales	2,285	2,069	6,659	6,020
Costs, expenses and other
Cost of products and services sold	$ 1,429	$ 1,259	$ 4,127	$ 3,622

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 2,356,000,000	$ 1,362,000,000	$ 5,088,000,000	$ 4,095,000,000
Other Comprehensive Income (Loss), Net Of Tax [Abstract]
Foreign exchange translation adjustment	49,000,000	56,000,000	61,000,000	112,000,000
Prior service credit (cost)	35,000,000	0	35,000,000	(46,000,000)
Actuarial (gains) losses recognized	(3,000,000)	2,000,000	2,000,000	7,000,000
Prior service (credit) cost recognized	(18,000,000)	(17,000,000)	(55,000,000)	(49,000,000)
Pension and other postretirement benefits adjustments	14,000,000	(15,000,000)	(18,000,000)	(88,000,000)
Effective portion of cash flow hedges recognized in other comprehensive income (loss)	24,000,000	(36,000,000)	27,000,000	(98,000,000)
Less: Reclassification adjustment for gains (losses) included in net income	(9,000,000)	9,000,000	(40,000,000)	52,000,000
Changes in fair value of effective cash flow hedges	33,000,000	(45,000,000)	67,000,000	(150,000,000)
Other comprehensive income (loss), net of tax	96,000,000	(4,000,000)	110,000,000	(126,000,000)
Comprehensive income	2,452,000,000	1,358,000,000	5,198,000,000	3,969,000,000
Less: Comprehensive income attributable to the noncontrolling interest	8,000,000	18,000,000	31,000,000	36,000,000
Comprehensive income attributable to Honeywell	$ 2,444,000,000	$ 1,340,000,000	$ 5,167,000,000	$ 3,933,000,000

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 9,803	$ 7,059
Short-term investments	1,850	3,758
Accounts receivable - net	8,568	8,866
Inventories	5,061	4,613
Other current assets	1,346	1,706
Total current assets	26,628	26,002
Investments and long-term receivables	754	667
Property, plant and equipment - net	5,966	5,926
Goodwill	18,186	18,277
Other intangible assets - net	4,202	4,496
Insurance recoveries for asbestos related liabilities	465	479
Deferred income taxes	376	251
Other assets	5,350	3,372
Total assets	61,927	59,470
Current liabilities:
Accounts payable	7,050	6,584
Commercial paper and other short-term borrowings	3,977	3,958
Current maturities of long-term debt	215	1,351
Accrued liabilities	6,658	6,968
Total current liabilities	17,900	18,861
Long-term debt	14,059	12,573
Deferred income taxes	1,905	2,664
Postretirement benefit obligations other than pensions	440	512
Asbestos related liabilities	2,252	2,260
Other liabilities	6,948	5,930
Redeemable noncontrolling interest	7	5
SHAREOWNERS' EQUITY
Capital - common stock issued	958	958
Capital - additional paid in capital	6,398	6,212
Common stock held in treasury, at cost	(18,102)	(15,914)
Accumulated other comprehensive loss	(2,125)	(2,235)
Retained earnings	31,110	27,481
Total Honeywell shareowners' equity	18,239	16,502
Noncontrolling interest	177	163
Total shareowners' equity	18,416	16,665
Total liabilities, redeemable noncontrolling interest, and shareowners' equity	$ 61,927	$ 59,470

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Net income	$ 5,088,000,000	$ 4,095,000,000
Less: Net income attributable to the noncontrolling interest	44,000,000	31,000,000
Net income attributable to Honeywell	5,044,000,000	4,064,000,000
Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities:
Depreciation	558,000,000	534,000,000
Amortization	304,000,000	298,000,000
Repositioning and other charges	756,000,000	586,000,000
Net payments for repositioning and other charges	(519,000,000)	(394,000,000)
Pension and other postretirement income	(769,000,000)	(562,000,000)
Pension and other postretirement benefit payments	(67,000,000)	(71,000,000)
Stock compensation expense	131,000,000	133,000,000
Deferred income taxes	(482,000,000)	(77,000,000)
Other	(163,000,000)	(38,000,000)
Changes in assets and liabilities, net of the effects of acquisitions and divestitures:
Accounts receivable	131,000,000	(408,000,000)
Inventories	(459,000,000)	(400,000,000)
Other current assets	356,000,000	13,000,000
Accounts payable	466,000,000	404,000,000
Accrued liabilities	(412,000,000)	(288,000,000)
Net cash provided by operating activities	4,875,000,000	3,794,000,000
Cash flows from investing activities:
Expenditures for property, plant and equipment	(522,000,000)	(613,000,000)
Proceeds from disposals of property, plant and equipment	4,000,000	46,000,000
Increase in investments	(2,882,000,000)	(4,149,000,000)
Decrease in investments	4,634,000,000	2,793,000,000
Cash paid for acquisitions, net of cash acquired	(51,000,000)	(72,000,000)
Other	250,000,000	(196,000,000)
Net cash provided by (used for) investing activities	1,433,000,000	(2,191,000,000)
Cash flows from financing activities:
Proceeds from issuance of commercial paper and other short-term borrowings	19,300,000,000	8,808,000,000
Payments of commercial paper and other short-term borrowings	(19,153,000,000)	(8,608,000,000)
Proceeds from issuance of common stock	242,000,000	463,000,000
Proceeds from issuance of long-term debt	26,000,000	39,000,000
Payments of long-term debt	(1,303,000,000)	(69,000,000)
Repurchases of common stock	(2,308,000,000)	(1,335,000,000)
Cash dividends paid	(1,669,000,000)	(1,554,000,000)
Pre-separation funding	1,604,000,000	0
Other	(141,000,000)	(131,000,000)
Net cash used for financing activities	(3,402,000,000)	(2,387,000,000)
Effect of foreign exchange rate changes on cash and cash equivalents	(162,000,000)	330,000,000
Net increase (decrease) in cash and cash equivalents	2,744,000,000	(454,000,000)
Cash and cash equivalents at beginning of period	7,059,000,000	7,843,000,000
Cash and cash equivalents at end of period	$ 9,803,000,000	$ 7,389,000,000

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation [Text Block]	Note 1 . Basis of Presentation In the opinion of management, the accompanying unaudited consolidated financial statements reflect all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the financial position of Honeywell International Inc. and its consolidated subsidiaries (“Honeywell” or “the Company”) at September 30, 2018 and December 31, 2017 , the cash flows for the nine months ended September 30, 2018 and 2017 and th e results of operations for the three and nine months ended September 30, 2018 and 2017 . The result s of operations for the three and nine months ended September 30, 2018 and cash flows for the nine months ended September 30, 2018 should not necessaril y be taken as indicative of the entire year. We report our quarterly financial information using a calendar convention; the first, second and third quarters are consistently reported as ending on March 31, June 30 and September 30 . It has been our practice to establish actual quarterly closi ng dates using a predetermined fiscal calendar, which requires our businesses to close their books on a Saturday in order to minimize the potentially disruptive effects of quarterly closing on our business processes. The effects of this practice are generally not s ignificant to reported results for any quarter and only exist within a reporting year. In the event that differences in actual closing dates are material to year-over-year comparisons of quarterly or year-to-date results, we will provide appropriate disclo sures. Our actual closing dates for the three and nine months ended September 30, 2018 and 2017 were September 29 , 2018 and September 30, 2017.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2018
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies [Text Block]	Note 2 . Summary of Significant Accounting Policies The accounting policies of the Company are set forth in Note 1 to Consolidated Financial S tatements contained in the Company’s 2017 Annual Report on Form 10-K. We include herein certain updates to those policies . Reclassifications – Certain prior year amounts have been reclassified to conform to the current year presentation. Sales Recognition —Product and service sales are recognized when or as we transfer control of the promised products or services to our customer. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. Service sales, principally representing repair, maintenance and engineering activities are recogniz ed over the contractual period or as services are rendered. Sales under long-term contracts with performance obligations satisfied over time are recognized using either an input or output method. We recognize revenue over time as we perform on these contra cts because of the continuous transfer of control to the customer. With control transferring over time, revenue is recognized based on the extent of progress towards completion of the performance obligation. We generally use the cost-to-cost input method o f progress for our contracts because it best depicts the transfer of control to the customer that occurs as we incur costs. Under the cost-to-cost method, the extent of progress towards completion is measured based on the proportion of costs incurred to da te to the total estimated costs at completion of the performance obligation. Provisions for anticipated losses on long-term contracts are recorded in full when such losses become evident, to the extent required. The customer funding for costs incurred for nonrecurring engineering and development activities of our products under agreements with commercial customers is deferred and subsequently recognized as revenue as products are delivered to the customers. Additionally, expenses incurred, up to the custome r agreed funded amount, are deferred as an asset and recognized as cost of sales when products are delivered to the customer. The deferred customer funding and costs result in recognition of deferred costs (asset) and deferred revenue (liability) on our Co nsolidated Balance Sheet. Revenues for our mechanical service programs are recognized as performance obligations are satisfied over time, with recognition reflecting a series of distinct services using the output method. The terms of a contract or the hist orical business practice can give rise to variable consideration due to, but not limited to, cash-based incentives, rebates, performance awards, or credits. We estimate variable consideration at the most likely amount we will receive from customers. We inc lude estimated amounts in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized for such transaction will not occur , or when the uncertainty associated with the variable consideration is resolved. O ur estimates of variable consideration and determination of whether to include estimated amounts in the transaction price are based largely on an assessment of our anticipated performance and all information (historical, current and forecasted) that is rea sonably available to us. 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 braking system hardware, avionics, and auxiliary power units, for installation on commercial aircraft. These incentives consist of free or deeply discounted products, credits for future purchases of product or upfront cash payments. These costs are generally recognized in the period incurred as cost of products sold or as a reduction to relevant sales, as appropriate. Pension Benefits — On Januar y 1, 2018, we retrospectively adopted the new accounting guidance on presentation of n et periodic pension cost s. That guidance requires that we disaggregate the service cost component of net benefit cost s and report those costs in the same line item or items in the Consolidated Statement of O perations as other compensation costs arising from services rendered by the pertinent employees during the period . The other non-service components of net benefit cost s are required to be presented separately from the service cost component . Following the adoption of this guidance, w e continue to record the service cost component of Pension ongoing (income) e xpense in Costs of products and services sold and Selling, general and administrative expenses . The remaining components of net benefit costs within P ension ongoing (income) expense , primarily in terest costs and assumed return on plan assets, are now re corded in Other (income) expense. We will continue to recognize net actuarial gains or losses in excess of 10% of the greater of the fair value of plan assets or the plans’ projected benefit obligation (the corridor) annually in the fourth quarter each yea r (MTM Adjustment) . The MTM Adjustment will also be reported in Other (income) expense. Recent Accounting Pronouncements We consider the applicability and impact of all Accounting Standards Updates (ASUs) issued by the Financial Accounting Standards Board (FASB). ASUs not listed below were assessed and determined to be either not applicable or are expected to have minimal impact on our consolidated result of operations, financial position and cash flows (Consolidated Financial Statements) . In February 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, with early adoption permitted. We expect to adopt the requirements of the new standard effective January 1, 2019. The guidance requires the use of a modified retrospective approach. In July 2018, the FASB issued updated guidance which allows an additional transition method to adopt the new leases standard at the adoption date, as compared to the beginning of t he earliest period presented, and recognize a cumulative-effect adjustment to the beginning balance of retained earnings in the period of adoption. The Company expects to elect this transition method at the adoption date of January 1, 2019. We are currentl y finalizing our lease portfolio analysis to determine the impact to the Consolidated Financial Statements. We are implementing processes and information technology tools to assist in our ongoing lease data collection and analysis, and updating our account ing policies and internal controls that would be impacted by the new guidance, to ensure readiness for adoption in the first quarter of 2019. In August 2017, the FASB issued amendments to hedge accounting guidance. These amendments are intended to better align a company's risk management strategies and financial reporting for hedging relationships. Under the new guidance, more hedging strategies will be eligible for hedge accounting and the application of hedge accounting is simplified. In addition, the n ew guidance amends presentation and disclosure requirements. The guidance is effective for fiscal years beginning after December 15, 2018 with early adoption permitted, including for interim periods within those years. The Company does not expect the adopt ion of this ASU to have a material impact on its Consolidated Financial Statements. In February 2018, the FASB issued guidance that allows for an entity to elect to reclassify the income tax effects on items within accumulated other comprehensive income resulting from the U.S. Tax Cuts and Jobs Act (“U.S. Tax Reform”) to retained earnings . The guidance is effective for fiscal years beginning after December 15, 2018 with early adoption permitted, including interim periods within those years. Upon adoption, t he Company does not expect to elect to reclassify the stranded income tax effects of U.S. Tax Reform from accumulated other comprehensive income to retained earnings.

REPOSITIONING AND OTHER CHARGES

REPOSITIONING AND OTHER CHARGES	9 Months Ended
	Sep. 30, 2018
Repositioning And Other Charges [Abstract]
Repositioning and Other Charges	Note 3 . Repositioning and Other Charges A summary of repositioning and other charges follows: Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Severance $ 39 $ 75 $ 100 $ 177 Asset impairments 26 22 74 57 Exit costs 8 11 48 20 Reserve adjustments 1 (7) (2) (7) Total net repositioning charge 74 101 220 247 Asbestos related litigation charges, net of insurance 59 55 157 155 Probable and reasonably estimable environmental liabilities 150 62 334 167 Other 16 17 45 17 Total net repositioning and other charges $ 299 $ 235 $ 756 $ 586 The following table summarizes the pretax distribution of total net repositioning and other charges by income statement classification: Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Cost of products and services sold $ 261 $ 198 $ 605 $ 506 Selling, general and administrative expenses 38 37 110 54 Other (income) expense - - 41 26 $ 299 $ 235 $ 756 $ 586 The following table summarizes the pretax impact of total net repositioning and other charges by segment: Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Aerospace $ 54 $ 64 $ 157 $ 219 Home and Building Technologies 4 15 17 57 Performance Materials and Technologies 12 28 85 30 Safety and Productivity Solutions 39 34 52 34 Corporate 190 94 445 246 $ 299 $ 235 $ 756 $ 586 In the quarter ended September 30, 2018 , we recognized gross repositioning charges totaling $ 73 million including severance costs of $39 million related to workforce reductions of 816 manufacturing and adminis trative positions across our segments . The workforce reductions were primarily related to site transitions, mainly in Safety and Productivity Solutions and Performance Materials and Technologies, to more cost-effective locations . The repositioning charges include d asset impairmen ts of $26 million prim arily due to the write- off of certain capitalized assets in Corporate and manufacturing equipment associated with a site transition in Performance Materials and Technologies . In the quarter ended September 30, 2017 , we recognized gross repositioning charge s totaling $ 108 million including severance costs of $75 million related to workforce reductions of 1,700 manufacturing and administrative positions across our segments. The workforce reduc tions were primarily related to site transitions, mainly in Safety and Productivity Solutions and Aerospace, to more cost-effective locations and cost savings actions taken in connection with our productivity and ongoing functional transformation initiativ es. The repositioning charges included asset impairments of $22 million primarily related to the write-down of a research and development facility in Corporate in connection with a planned exit from such facility. In the nine months ended September 30, 2018 , we recognized gross repositioning charges totaling $ 222 million including severance costs of $100 million related to workforce reductions of 2,700 manufacturing and administrative positions across our segments. The workforce reductions were primarily related to site transitions, mainly in Safety and Productivity Solutions, Performance Materials and Technologies and Aerospace, to more cost-effective locations and to cost savings actions taken in connection with our productivit y and ongoing functional transformation initiatives. The repositioning charges included asset impairments of $ 74 million primarily related to the write-d own of a legacy property in Corporate in connection with its planned disposition , and the write -off of certain capitalized assets in Corporate and manufacturing equipment associated with a site transition in Performance Materials and Technologies . The repositioning ch arges included exit costs of $48 million primarily related to a terminat ion fee associated with the early cancellation of a supply agreement for certain raw materials in P erformance M aterials and T echnologies . In the nine months ended September 30, 2017 , we recognized gross repositioning charge s totaling $ 254 million including severance costs of $177 million related to workforce reductions of 4,224 manufacturing and administrative positions across our segments. The workforce reductions were primarily related to cost savings actions taken in connection with our productivity and ongoing functional transformation initiatives and with site transitions, mainly in Aerospace and Safety and Productivity Solutions, to more cost-effective locations. The repositioning charges included asset impairments of $57 million primarily in Corporate related to the write-down of a research and development facility in connection with a planned exit from such facility and legacy properties in connection with their planned sale. The following table summarizes the status of our total repositioning reserves: Severance Asset Exit Costs Impairments Costs Total December 31, 2017 $ 442 $ - $ 71 $ 513 Charges 100 74 48 222 Usage - cash (182) - (52) (234) Usage - noncash - (75) - (75) Foreign currency translation (5) - - (5) Adjustments - 1 (3) (2) September 30, 2018 $ 355 $ - $ 64 $ 419 Certain repositioning projects in 2018 and 2017 included exit or disposal activities, the costs related to which will be recognized in future periods when the actual liability is incurred. Such exit and disposal costs a re not expected to be signific ant. In the nine months ended September 30, 2018, the other charge of $45 million mainly relates to reserves taken due to the required wind-down of our activities in Iran and the evaluation of potential resolution of a certain legal matter.

OTHER (INCOME) EXPENSE

OTHER (INCOME) EXPENSE	9 Months Ended
	Sep. 30, 2018
Other (Income) Expense [Abstract]
Other (income) expense [Text Block]	Note 4 . Other (Income) E xpense Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Interest income $ (55) $ (39) $ (154) $ (106) Pension ongoing income – non-service (301) (247) (906) (732) Other postretirement income – non-service (12) (6) (24) (16) Equity income of affiliated companies (14) (14) (38) (31) Foreign exchange (15) (10) (27) 14 Separation costs 116 - 234 - Other (net) 6 - 56 37 $ (275) $ (316) $ (859) $ (834) Separation costs are associated with our previously announced spin-offs of our Homes and Global Distribution business and Transportation Systems business, and are primarily associated with third party services. For the nine months ended September 30, 2018 and 2017, Other (net) includes asset impairment s in Corporate related to the write-down of a legacy property in connection with its planned disposition. Refer to Note 3 Repositioning and Other Charges .

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Note 5 . Income Taxes The effective tax rate decreased for the quarter primarily from a reduction of accrued withholding taxes of approximately $ 1.1 billion related to unremitted foreign earnings from an internal legal entity restructuring completed in the quarter , partially offset by $ 132 million of tax costs associated with the internal restructuring of the Homes and Global Distribution business and Transportation Systems business in advance of their spin-offs. Other changes to the tax rate include increased tax benefits fr om U.S. Tax Reform and fewer tax reserves, partially offset by reduced benefits from foreign tax credits and employee share-based compensation. The effective tax rate decreased for the nine months primarily from a reduction of accrued withholding taxes of approximately $ 1.1 billion related to unremitted foreign earnings from an internal legal entity restructuring , partially offset by $ 423 million of tax costs associated with the internal restructuring of the Homes and Global Dis tribution business and Transportation Systems business in advance of their spin-offs. Other changes to the tax rate include lower benefits from foreign tax credits and employee share-based compensation, partially offset by increased tax benefits from U.S. Tax Reform. The effective tax rate for the quarter and nine months ended September 30, 2018 was lower than the U.S. federal statutory rate of 21% primarily from a reduction of withholding taxes related to unremitted foreign earnings. On December 22, 20 17, the U.S. government enacted tax legislation that included changes to the taxation of foreign earnings by implementing a dividend exemption system, expansion of the current anti-deferral rules, a minimum tax on low-taxed foreign earnings and new measure s to deter base erosion. The tax legislation also included a permanent reduction in the corporate tax rate to 21%, repeal of the corporate alternative minimum tax, expensing of capital investment, and limitation of the deduction for interest expense. Furth ermore, as part of the transition to the new tax system, a one-time transition tax was imposed on a U.S. shareholder’s historical undistributed earnings of foreign affiliates. As described in Note 5 Income Taxes in our 2017 Annual Report on Form 10-K, w e were able to reasonably estimate certain effects of the tax legislation and, therefore, recorded provisional amounts, including the deemed repatriation transition tax. The Company has not finalized the accounting for the tax effects of the tax legislati on , primarily related to computations of earnings and profits and deferred tax balances for tax returns that have not been fina lized . However, during the quarter ended September 30, 2018 the Company recognized a measurement period adjustment resulting in additional tax expense of approximately $ 3 0 million. The Company continues to gather additional information and expect s to complete our accounting within the prescribed measurement period.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share	Note 6 . Earnings Per Share Three Months Ended Nine Months Ended September 30, September 30, Basic 2018 2017 2018 2017 Net income attributable to Honeywell $ 2,338 $ 1,345 $ 5,044 $ 4,064 Weighted average shares outstanding 741.8 762.2 746.0 763.1 Earnings per share of common stock $ 3.15 $ 1.76 $ 6.76 $ 5.33 Three Months Ended Nine Months Ended September 30, September 30, Assuming Dilution 2018 2017 2018 2017 Net income attributable to Honeywell $ 2,338 $ 1,345 $ 5,044 $ 4,064 Average Shares Weighted average shares outstanding 741.8 762.2 746.0 763.1 Dilutive securities issuable - stock plans 10.2 9.2 10.0 10.0 Total weighted average shares outstanding 752.0 771.4 756.0 773.1 Earnings per share of common stock $ 3.11 $ 1.74 $ 6.67 $ 5.26 The diluted earnings per share calculations exclude the effect of stock options when the options’ assumed proceeds exceed the average market price of the common shares during the period. For the three and nine months ended September 30, 2018 , the weighted average number of stock options excluded from the computations were 3. 0 million and 2. 4 million. For the three and nine months ended September 30, 2017 , the weighted average number of stock options excluded from the computations were 4.2 million and 3.8 million. These stock options were outstanding at the end of each period . As of September 30, 2018 and 2017, total shares outstanding were 74 0.3 million and 760.1 million and as of September 30, 2018 and 2017, total sh ares issued were 957.6 million.

REVENUE RECOGNITION AND CONTRAC

REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS	9 Months Ended
	Sep. 30, 2018
Revenue From Contract With Customer [Abstract]
Revenue From Contract With Customer [Text Block]	Note 7 . Revenue Recognition and Contracts with Customers Adoption On January 1, 2018, the Company adopted new guidance on revenue from contracts with customers using the modified retrospective method applied to contracts that were not completed as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under the new guidance, while prior period amounts are not adjusted and continue to be reported in accordance with previous guidance. We recorded a net decrease to opening retained earnings of $75 million as of January 1, 2018, for the cumulative impact of adopting the new guidance. The impact primarily related to the change in accounting for mechanical service programs (change from input to output method, resulting in unbilled receivables (within Accounts receivable – net) and deferred revenue (within Accrued liabilities) being eliminated through R etained earnings) and for customer funding and the related costs incurred for nonrecurring engineering and development a ctivities (deferral of revenues and related incurred costs until products are delivered to customers, resulting in increases in both deferred costs (assets) and deferred revenue (liability) by approximately $1.1 billion at adoption) . New Balance at Revenue Balance at December 31, Standard January 1, 2017 Adjustment 2018 ASSETS Current assets: Accounts receivable - net $ 8,866 $ (149) $ 8,717 Inventories 4,613 (10) 4,603 Deferred income taxes 251 40 291 Other assets 3,372 1,082 4,454 LIABILITIES Current liabilities: Accrued liabilities 6,968 (48) 6,920 Deferred income taxes 2,664 1 2,665 Other liabilities 5,930 1,084 7,014 SHAREOWNERS' EQUITY Retained earnings 27,481 (75) 27,406 Noncontrolling interest $ 163 $ 1 $ 164 Under the modified retrospective method of adoption, we are required to disclose the impact to revenues had we continued to follow our accounting policies under the previous revenue recognition guidance . We estimate that the impact to revenues for the quarter and nine months ended September 30, 2018 would have been a decrease of approximately $ 90 million and $ 285 million , which is primarily due to the net impact of the classification change and deferral impact of nonrecurring engineering and development activities, and the net impact from service programs with certain amounts being recognized that would have previously been deferred, and certain amount being deferred that would have previously been recognized. Refer to Note 2 Summary of Significant Acco unting Policies for a summary of our significant policies for revenue recognition. Disaggregated Revenue Honeywell has a comprehensive offering of products and services, including software and technologies, that are sold to a variety of customers in mul tiple end markets. See the following table and related discussions by operating segment for details. Three Months Ended Nine Months Ended September 30, September 30, 2018 2018 Aerospace Commercial Aviation Original Equipment $ 724 $ 2,131 Commercial Aviation Aftermarket 1,370 3,964 Defense Services 1,134 3,348 Transportation Systems 802 2,622 4,030 12,065 Home and Building Technologies Products and Software 521 1,554 Distribution (ADI) 671 1,985 Connected Buildings 201 632 Building Solutions 605 1,769 Building Products 519 1,556 2,517 7,496 Performance Materials and Technologies UOP 722 2,012 Process Solutions 930 2,781 Smart Energy 295 931 Specialty Products 279 847 Fluorine Products 414 1,301 2,640 7,872 Safety and Productivity Solutions Safety and Retail 564 1,680 Productivity Products 329 1,017 Warehouse and Workflow Solutions 463 1,299 Sensing & Internet-of-Things (IoT) 219 644 1,575 4,640 Net sales $ 10,762 $ 32,073 Aerospace – A global supplier of products, software and services for aircraft and vehicles. Products include aircraft propulsion engines, auxiliary power units, environmental control systems, integrated avionics, electric power systems, hardware for engine controls, flight safety, communications, and navigation, satellite and space components, aircraft wheels and brakes, turbochargers and thermal systems. Software includes engine controls, flight safety, communications, navigation, radar and surveill ance systems, internet connectivity and aircraft instrumentation. Services are provided to customers for the repair, overhaul, retrofit and modification of propulsion engines, auxiliary power units, avionics and mechanical systems and aircraft wheels and brakes. Home and Building Technologies – A global provider of products, software, solutions and technologies. Products include controls and displays for heating, cooling, indoor air quality, ventilation, humidification, combustion, lighting and home auto mation; sensors, switches, control systems and instruments for measuring pressure, air flow, temperature and electrical current; access control; video surveillance; fire detection; remote patient monitoring systems; and installation, maintenance and upgrad es of systems that keep buildings safe, comfortable and productive. Software includes monitoring and managing heating, cooling, indoor air quality, ventilation, humidification, combustion, lighting and home automation; advanced applications for home/build ing control and optimization; video surveillance; and to support remote patient monitoring systems. Installation, maintenance and upgrade services of products used in commercial building applications for heating, cooling, maintaining indoor air quality, v entilation, humidification, combustion, lighting, video surveillance and fire safety. Performance Materia ls and Technologies – A global provider of products, software, solutions and technologies. Products include catalysts, absorbents, equipment and high- performance materials , devices for measurement, regulation, control and met ering of gases and electricity, and metering and communications systems for water utilities and industries . Software is provided to support process technologies supporting automati on and to monitor a variety of industrial processes used in industries such as oil and gas, chemicals, petrochemicals, metals, minerals and mining industries. Services are provided for installation and maintenance of products. Safety and Productivity So lutions – A global provider of products, software and solutions. Products include personal protection equipment and footwear, gas detection devices, mobile computing, data collection and thermal printing devices, automation equipment for supply chain and warehouse automation and custom-engineered sensors, switches and controls. Software and solutions are provided to customers for supply chain and warehouse automation, to manage data and assets to drive productivity and for computing, data collection and t hermal printing. For a summary by disaggregated product and services sales for each segment, r efer to Note 13 Segment Financial Data . We recognize revenue arising from performance obligations outlined in contracts with our customers that are satisfied a t a point in time and over time. The disaggregation of our revenue based off timing of recognition is as follows: Three Months Ended Nine Months Ended September 30, September 30, 2018 2018 Products, transferred point in time 67 % 68 % Products, transferred over time 11 11 Net product sales 78 79 Services, transferred point in time 7 7 Services, transferred over time 15 14 Net service sales 22 21 Net sales 100 % 100 % Contract Balances Progress on satisfying performance obligations under contracts with customers and the related billi ngs and cash collections are recorded on the Consolidated Balance Sheet in Accounts receivable - net and Other assets ( the current and noncurrent portions, respectively, of unbilled receivables (contract assets) and billed receivables) and Accrued liabilities and Other liabilities (the current and noncurrent portions, respectively, of customer advances and deposits (contra ct liabil ities)) . Unbilled receivables (c ontract assets ) a rise when the timing of cas h collected from customers differs from the timing of revenue recognition , such as when contract provisions require specific milestones to be met before a customer can be billed . Those assets are recognized when the revenue associated with the contract is recognized prior to billing and derecognized when billed in accordance with the terms of the contract. Contract liabilities are recorded when customers remit contractual cash payments in advance of us satisfying performance obligations under contractual arrangements , including those with performance obligations to be satisfied over a p eriod of time . Contr act liabilities are derecognized when revenue is recorded , either wh en a milestone is met triggering the contractua l right to bill or when the performance obligation is satisfied. Contract balances are classified as assets or li abilities on a contract-by-contract basis at the end of each reporting period. The following table summarizes our contract assets and liabilities balances: 2018 Contract assets - January 1 $ 1,721 Contract assets - September 30 1,689 Change in contract assets - increase (decrease) $ (32) Contract liabilities - January 1 $ (2,973) Contract liabilities - September 30 (3,165) Change in contract liabilities - (increase) decrease $ (192) Net change $ (224) The net change was primarily driven by the receipt of advance payments from customers exceeding reductions from recognition of revenue as performance obligations were satisfied and related billings. For the three and nine months ended September 30, 2018, we recognized revenue of $ 1 22 million and $ 1,0 23 million that was previously included in the beginning balance of contract liabilities. When contracts are modified to account for changes in contract specifications and requirements , we consider w hether the modification either creates new or changes the existing enforceable rights and obligations. Contract modifications that are for goods or services that are not distinct from the existing contract, due to the significant integration with the origi nal good or service provided, are accounted for as if they were part of that existing contract. The effect of a contract modification on the transaction price and our measure of progress for the performance obligation to which it relates, is recognized as an adjustment to revenue (either as an increase in or a reduction of revenue) on a cumulative catch-up basis. When the modifications include additional performance obligations that are distinct and at relative stand-alone selling price, they are accounted for as a new contract and performance obligation, which are recognized prospectively. Performance Obligations A performance obligation is a promise in a contract to transfer a distinct good or service to the customer, and is defined as the unit of account . A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. When our contracts with customers require highly complex integration or manufacturing serv ices that are not separately identifiable from other promises in the contracts and, therefore, not distinct, then the entire contract is accounted for as a single performance obligation. In situations when our contract includes distinct goods or services t hat are substantially the same and have the same pattern of transfer to the customer over time, they are recognized as a series of distinct goods or services. For any contracts with multiple performance obligations, we allocate the contract’s transaction p rice to each performance obligation based on the estimated relative standalone selling price of each distinct good or service in the contract. For product sales , each product sold to a customer typically represents a distinct performance obligation. In suc h cases, the observable standalone sales are used to determine the stand alone selling price. Performance obligations are satisfied as of a point in time or over time. Performance obligations are supported by contracts with customers, providing a framewo rk for the nature of the distinct goods, services or bundle of goods and services. The timing of satisfying the performance obligation is typically indicated by the terms of the contract. The following table outlines our performance obligations disaggregat ed by segment. September 30, 2018 Aerospace $ 9,868 Home and Building Technologies 6,500 Performance Materials and Technologies 6,198 Safety and Productivity Solutions 1,902 $ 24,468 Performance oblig ations recognized as of September 30 , 2018 will be satisfied over the course of future periods. Our disclosure of the timing for satisfying the performance obligation is based on the requirements of contracts with customers. However, from time to time, these contracts may be subject to modificat ions, impacting the timing of satisfying the performance obligations. Performance obligations expected to be satisfied within one year and greater than one year are 56 % and 44 % . The timing of satisfaction of our performance obligations does not significan tly vary from the typical timing of payment. Typical payment terms of our fixed-price over time contracts include progress payments based on specified events or milestones, or based on project progress. For some contracts we may be entitled to receive an advance payment. We have applied the pra ctical expedient for certain revenue streams to exclude the value of remaining performance obligations for (i) contracts with an original expected term of one year or less or (ii) contracts for which we recognize rev enue in proportion to the amount we have the right to invoice for services performed.

ACCOUNTS RECEIVABLE - NET

ACCOUNTS RECEIVABLE - NET	9 Months Ended
	Sep. 30, 2018
Accounts Receivable, Net Current [Abstract]
Accounts Receivable - Net	Note 8 . Accounts Receivabl e - Net September 30, December 31, 2018 2017 Trade $ 8,813 $ 9,068 Less - Allowance for doubtful accounts (245) (202) $ 8,568 $ 8,866 Trade receivables include $1,685 million and $1,853 million of unbilled balances under long-term contracts as of September 30, 2018 and December 31, 2017 . These amounts are billed in accordance with the terms of the customer contracts to which they relate.

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2018
Inventories [Abstract]
Inventories	Note 9 . Inventories September 30, December 31, 2018 2017 Raw materials $ 1,334 $ 1,193 Work in process 860 790 Finished products 2,904 2,669 5,098 4,652 Reduction to LIFO cost basis (37) (39) $ 5,061 $ 4,613

LONG-TERM DEBT AND CREDIT AGREE

LONG-TERM DEBT AND CREDIT AGREEMENTS	9 Months Ended
	Sep. 30, 2018
Long Term Debt and Credit Agreements [Abstract]
Long-term Debt	Note 10 . Long-term De bt and Credit Agreements September 30, December 31, 2018 2017 Two year floating rate Euro notes due 2018 $ - $ 1,199 1.40% notes due 2019 1,250 1,250 Three year floating rate notes due 2019 250 250 Two year floating rate notes due 2019 450 450 1.80% notes due 2019 750 750 0.65% Euro notes due 2020 1,158 1,199 4.25% notes due 2021 800 800 1.85% notes due 2021 1,500 1,500 1.30% Euro notes due 2023 1,448 1,499 3.35% notes due 2023 300 300 2.50% notes due 2026 1,500 1,500 2.25% Euro notes due 2028 868 900 5.70% notes due 2036 441 441 5.70% notes due 2037 462 462 5.375% notes due 2041 417 417 3.812% notes due 2047 445 445 Industrial development bond obligations, floating rate maturing at various dates through 2037 22 22 6.625% debentures due 2028 201 201 9.065% debentures due 2033 51 51 Other (including capitalized leases and debt issuance costs), 5.0% weighted average maturing at various dates through 2025 334 288 12,647 13,924 Garrett pre-separation funding: 2.50% Euro term loan due 2023 387 - 2.75% Euro term loan due 2025 440 - 4.881% term loan due 2025 425 - 5.125% Euro notes due 2026 410 - Debt issuance costs (35) - 1,627 - Total 14,274 13,924 Less: current portion (215) (1,351) $ 14,059 $ 12,573 O n January 29, 2018, the Company completed an exchange offer for any and all of its outstanding 3.812% Notes due 2047, which had not been registered ( “Unregistered Notes”) under the Sec urities Act of 1933, as amended (“Securities Act”) for an equal principal amount of new 3.812% Notes due 2047 which had been registered under the Securities Act (“Registered Notes”). 99.4 % of the Unregistered Notes were exchanged for Registered Notes, representing 99.4% of the principal amount of the Company’s outstanding 3.812% Notes due 2047. O n February 22, 2018, the Company paid its T wo year floating rate Euro notes . In connection with the spin-off of the Transportation Systems business, named Garrett Motion Inc. (“Garrett”), wholly owned subsidiaries of Garrett issued notes and entered new credit facilities . On September 27, 2018 the Company received net proceeds of $ 1,604 million from such borrowings . On February 16, 2018, the Company entered into a $ 1.5 billion 364-Day Credit Agreement with a syndicate of banks. This 364-Day Credit Agreeme nt is maintained for general corporate purposes. On April 27, 2018, the Company entered into a $ 4 billion Amended and Restated Five Year Credit Agreement (the “5-Year Credit Agreement”), with a syndicate of banks. The 5-Year Credit Agreement is maintain ed for general corporate purposes. Commitments under the 5-Year Credit Agreement can be increased pursuant to the terms of the 5-Year Credit Agreement to an aggregate amount not to exceed $ 4.5 billion. The 5-Year Credit Agreement amends and restates the pr eviously reported $ 4 billion five year credit agreement dated as of July 10, 2015 (the “Prior Agreement”). The 5-Year Credit Agreement has substantially the same material terms and conditions as the Prior Agreement. On April 27, 2018, the Company entered into an additional $ 1.5 billion 364-Day Credit Agreement with a syndicate of banks. This 364-Day Credit Agreement is maintained for general corporate purposes. As of September 30, 2018, there are no outstanding borrowings under any of our credit agreements.

FINANCIAL INSTRUMENTS AND FAIR

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES	9 Months Ended
	Sep. 30, 2018
Financial Instruments And Fair Value Measures [Abstract]
Financial Instruments and Fair Value Measures	Note 11 . Financial Instruments and Fair Value Measures Our credit, market, foreign currency and interest rate risk management policies are described in Note 14 , Financial Instruments and Fair Value Measures of Notes to Consolidated Financial Statements in our 2017 Annual Report on Form 10-K. The following table sets forth the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis: September 30, December 31, 2018 2017 Assets: Foreign currency exchange contracts $ 44 $ 17 Available for sale investments 2,009 3,916 Interest rate swap agreements 13 44 Liabilities: Foreign currency exchange contracts 19 70 Interest rate swap agreements $ 95 $ 52 The foreign currency exchange contracts, interest rate swap agreements, and cross currency swap agreements are valued using broker quotations, or market transactions in either the listed or over-the-counter markets. As such, these derivative instruments are classified within level 2. The Company also holds investments in commercial paper, certificates of deposits, and time deposits that are designated as available for sale and are valued using published prices based off observable market data. As such, these investments are classified within level 2. The Company also holds available for sale investments in U.S. government and corporate debt securities valued utilizing published prices based on quoted market pricing, which are classified within level 1. The carrying value of cash and c ash 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 liabilities that were not carried at fair value: September 30, 2018 December 31, 2017 Carrying Fair Carrying Fair Value Value Value Value Assets Long-term receivables $ 332 $ 319 $ 296 $ 289 Liabilities Long-term debt and related current maturities $ 14,274 $ 14,768 $ 13,924 $ 14,695 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 lev el 2 as well. Interest rate swap agreements are designated as hedge relationships with gains or losses on the derivative recognized in Interest and other financial charges offsetting the gains and losses on the underlying debt being hedged. For the three and nine months ended September 30, 2018 , we recognized $ 1 2 million and $ 75 million of losses in earnings on interest rate swap agreements. For the three and nine months ended September 30, 2017 , we recognized $ 4 million and $ 6 million of losses in earnings on interest rate swap agreements. Gains and loss es are fully offset by losses and gains on the underlying debt being hedged. We economically hedge our exposure to changes in foreign exchange rates primarily 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 $ 3 0 million and $ 24 5 million of income in Other (income) expense for the three and nine months ended September 30, 2018 on these contracts. We recognized $ 76 million and $ 194 million of expense in Other (income) expense for the three and nine months ended September 30, 2017 .

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9 Months Ended
	Sep. 30, 2018
Accumulated Other Comprehensive Income Loss [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 12 . Accumulated Other Comprehensive Income (Loss ) Changes in Accumulated Other Comprehensive Income (Loss) by Component Pension Changes in Foreign and Other Fair Value Exchange Postretirement of Effective Translation Benefits Cash Flow Adjustment Adjustments Hedges Total Balance at December 31, 2017 $ (1,981) $ (202) $ (52) $ (2,235) Other comprehensive income (loss) before reclassifications 61 35 27 123 Amounts reclassified from accumulated other comprehensive income - (53) 40 (13) Net current period other comprehensive income (loss) 61 (18) 67 110 Balance at September 30, 2018 $ (1,920) $ (220) $ 15 $ (2,125) Pension Changes in Foreign and Other Fair Value Exchange Postretirement of Effective Translation Benefits Cash Flow Adjustment Adjustments Hedges Total Balance at December 31, 2016 $ (1,944) $ (879) $ 109 $ (2,714) Other comprehensive income (loss) before reclassifications 112 (46) (98) (32) Amounts reclassified from accumulated other comprehensive income - (42) (52) (94) Net current period other comprehensive income (loss) 112 (88) (150) (126) Balance at September 30, 2017 $ (1,832) $ (967) $ (41) $ (2,840)

SEGMENT FINANCIAL DATA

SEGMENT FINANCIAL DATA	9 Months Ended
	Sep. 30, 2018
Segment Financial Data [Abstract]
Segment Financial Data	Note 13 . Segment Financial Data We globally manage our business operations through four reportable operating segments. Segment information is consistent with how management reviews the businesses, makes investing and resource allocation decisions and assesses operating performance. Honeywell’s senior management evaluates segment performan ce based on segment profit. Each s egment ’s profit is measured as segment income (loss) before taxes excluding general corporate unallocated expense, interest and other financial charges, stock compensation expense, pension and other postretirement income ( expense) , repositioning and other charges , and other items within Other ( income ) expense. Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Net sales Aerospace Products $ 2,747 $ 2,452 $ 8,275 $ 7,393 Services 1,283 1,205 3,790 3,484 Total 4,030 3,657 12,065 10,877 Home and Building Technologies Products 2,157 2,125 6,423 6,154 Services 360 354 1,073 1,008 Total 2,517 2,479 7,496 7,162 Performance Materials and Technologies Products 2,089 2,140 6,346 6,181 Services 551 431 1,526 1,304 Total 2,640 2,571 7,872 7,485 Safety and Productivity Solutions Products 1,484 1,335 4,370 3,943 Services 91 79 270 224 Total 1,575 1,414 4,640 4,167 $ 10,762 $ 10,121 $ 32,073 $ 29,691 Segment profit Aerospace $ 891 $ 780 $ 2,702 $ 2,395 Home and Building Technologies 430 421 1,273 1,189 Performance Materials and Technologies 560 563 1,676 1,599 Safety and Productivity Solutions 262 213 760 621 Corporate (53) (82) (181) (210) Total segment profit 2,090 1,895 6,230 5,594 Interest and other financial charges (99) (81) (277) (235) Stock compensation expense (a) (41) (39) (131) (133) Pension ongoing income (b) 247 183 745 546 Other postretirement income (b) 12 6 24 16 Repositioning and other charges (c) (299) (235) (756) (586) Other (d) (52) 49 (68) 81 Income before taxes $ 1,858 $ 1,778 $ 5,767 $ 5,283 (a) Amounts included in Selling, general and administrative expenses. (b) Amounts included in Cost of products and services sold and Selling, general and administrative expenses (service costs) and Other income/expense (non-service cost components). (c) Amounts included in Cost of products and services sold, Selling, general and administrative expenses, and Other income/expense. (d) Amounts include the other components of Other income/expense not included within other categories in this reconciliation. Equity income/loss of affiliated companies is included in segment profit.

PENSION BENEFITS

PENSION BENEFITS	9 Months Ended
	Sep. 30, 2018
Pension Disclosure Paragraph Details [Abstract]
Pension Benefits	Note 14 . Pension Benefits Net periodic pension benefit costs for our significant defined benefit plans include the following components: U.S. Plans Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Service cost $ 35 $ 43 $ 105 $ 129 Interest cost 143 147 430 440 Expected return on plan assets (357) (316) (1,071) (946) Amortization of prior service (credit) (11) (10) (33) (32) $ (190) $ (136) $ (569) $ (409) Non-U.S. Plans Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Service cost $ 6 $ 10 $ 20 $ 29 Interest cost 35 37 108 109 Expected return on plan assets (108) (104) (336) (305) Amortization of prior service (credit) - (1) (1) (1) $ (67) $ (58) $ (209) $ (168) In the first quarter of 2018, the asset mix of our U.S. Qualified Pension Plan (the “Plan”) was changed. Fixed income assets were increased to approximately 50 % of the Plan’s total assets and matched with the liability profile of the Plan. The Plan’s remaining assets are comprised of return-seeking assets including equity securities, private equity investments and real estate investments . We review our asset allocations on a regular basis in order to achieve our long-term investment objectives on a ri sk adjusted basis .

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2018
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 15 . Commitments and Contingencies Environmental Matters Our environmental matters are described in Note 19 Commitments and Contingencies of Notes to Consolidated Financial Statements in our 2017 Annual Report on Form 10-K. The following table summarizes information concerning our recorded liabilities for environmental costs: December 31, 2017 $ 595 Accruals for environmental matters deemed probable and reasonably estimable 334 Environmental liability payments (133) Other (5) September 30, 2018 $ 791 Environmental liabilities are included in the following balance sheet accounts: September 30, December 31, 2018 2017 Accrued liabilities $ 201 $ 226 Other liabilities 590 369 $ 791 $ 595 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. Asbestos Matters Honeywell is a defendant in asbestos related personal injury actions related to North American Refractories Company (“NA RCO”), which was sold in 1986, and Bendix Friction Materials (“Bendix”) business, which was sold in 2014. In the third quarter of 2018, the Company revised its accounting to correct the time period associated with the determination of appropriate accrual s for the legacy Bendix asbestos-related liability for unasserted claims. The prior accounting treatment applied a five-year time horizon; the revised treatment reflects the full term of epidemiological projections through 2059. Previously issued financi al statements have been revised for this correction with the following effects: The Company’s revised estimated asbestos-related liabilities are now $2,610 million as of December 31, 2017, which is $ 1,087 million higher than the Company’s prior estimate. The Company’s Insurance recoveries for asbestos-related liabilities are estimated to be $503 million as of December 31, 2017, which is $ 68 million higher than the Company’s prior estimate. As of December 31, 2017, t he net d eferred income taxes impact was $ 245 million, with a decrease to liabilities and increase to assets, and the cumulative impact on Retained e arnings was a decrease of $ 774 m illion. For the three and nine months ended September 30, 2017, Cost of services sold increased $ 5 million and $ 2 m illion, Tax expense decreased $ 2 million and $ 0 million, and Net income decreased $ 3 million and $ 2 million. This revision followed the Securities and Exchange Commission (SEC) Division of Corporation Finance review of our Annual Report on Form 10-K for 20 17, which included review of our prior accounting for liability for unasserted Bendix-related asbestos claims. On September 13, 2018, following completion of Corporation Finance’s review, the SEC Division of Enforcement advised that it has opened an inves tigation related to this matter. Honeywell intends to provide requested information and otherwise fully cooperate with the SEC staff . The following tables summarize information concerning NARCO and Bendix asbestos-related balances: Asbestos Related Liabilities Bendix NARCO Total December 31, 2017 $ 1,703 $ 907 $ 2,610 Accrual for update to estimated liability 141 27 168 Asbestos related liability payments (151) (26) (177) September 30, 2018 $ 1,693 $ 908 $ 2,601 Insurance Recoveries for Asbestos Related Liabilities Bendix NARCO Total December 31, 2017 $ 191 $ 312 $ 503 Probable insurance recoveries related to estimated liability 10 - 10 Insurance receipts for asbestos related liabilities (24) (1) (25) Insurance receivables settlements 1 - 1 September 30, 2018 $ 178 $ 311 $ 489 NARCO and Bendix asbestos related balances are included in the following balance sheet accounts: September 30, December 31, 2018 2017 Other current assets $ 24 $ 24 Insurance recoveries for asbestos related liabilities 465 479 $ 489 $ 503 Accrued liabilities $ 349 $ 350 Asbestos related liabilities 2,252 2,260 $ 2,601 $ 2,610 NARCO Products – Honeywell’s predecesso r, Allied Corporation owned NARCO from 1979 to 1986. When the NARCO business was sold, Honeywell’s predecessor entered into a cross-indemnity agreement with NARCO which included an obligation to indemnify the purchaser for asbestos claims. Such claims arise primarily from alleged occupational exposure to asbestos-containing refractory brick and mortar for high-temperature appli cations. NARCO ceased manufactur ing these products in 1980, and the first asbestos claims were filed in the tort system against NARCO in 1983. Claims filings and related costs increased dramatically in the late 1990s through 2001, which led to NARCO fili ng for bankruptcy in January 2002. Once NARCO filed for bankruptcy, all then current and future NARCO asbestos claims were stayed against both NARCO and Honeywell pending the reorganization of NARCO. Following the bankruptcy filing , in December 2002 Hone ywell recorded a total NARCO asbestos liability of $ 3.2 billion, which was comprised of three components: (i) the estimated liability to settle pre-bankruptcy petition NARCO claims and certain post-petition settlements ($ 2.2 billion, referred to as “Pre-ba nkruptcy NARCO Liability”), (ii) the estimated liability related to then unasserted NARCO claims for the period 2004 through 2018 ($ 950 million, referred to as “NARCO Trust Liability”), and (iii) other NARCO bankruptcy-related obligations totaling $ 73 mill ion. When the NARCO Trust Liability of $950 million was established in 2002, the methodology for estimating the potential liability was based primarily on: (a) epidemiological projections of the future incidence of disease for the period 2004 through 20 18, a fifteen-year period; (b) historical claims rates in the tort system for the five-year period prior to the bankruptcy filing date; and (c) anticipated NARCO Trust payment values set forth in the then current draft of the NARCO Trust Distribution Proce dur es. The methodology required estimating, by disease, three critical inputs: (i) likely number of claims to be asserted against the NARCO Trust in the future, (ii) percentage of those claims likely to receive payment, and (iii) payment values. The Comp any utilized outside asbestos liability valuation specialists to support our preparation of the NARCO Trust Liability estimate, which was based on a commonly accepted methodology used by numerous bankruptcy courts addressing 524(g) trusts. In 2002, when w e first es tablished our initial liability , NARCO asbestos claims resolution shifted from the tort system t o an anticipated NARCO Trust framework, where claims would be processed in accordance with established NARCO Trust Distribution Proc edures, including strict medical and exposure criteria for a plaintiff to receive compensation . We believed at the time that the NARCO Trust’s claims filing and resolution experience after the NARCO T rust became operational would be s ignificantly different from pre-bankrupt cy tort system experience in light of these more rigorous claims processing requirements in the NARCO Trust Distribution Procedures and Honeywell’s active oversight of claims processing and approval. Given these anticipated differences , we believed that a 15-year time period was the appropriate horizon for establishing a probable and reasonably estimable liability for then unasserted NARCO claims as it represented our best estimate of the time period it would take for the NARCO Trust to be approved by the Bankruptcy Court, become fully operational and generate sufficiently reliable claims data (i.e., a data set which is statistically representative) to enable us to update our NARCO Trust Liability. The NARCO Trust Distribution Procedures were finalized i n 2006, and the Company updated its NARCO Trust L iability to reflect the final terms and payment values. The original 15-year period (from 2004 through 2018) for unasserted claims did not change as asbestos claims filings continued to be stayed agai nst bo th Honeywell and NARCO . The 2006 update resulted in a range of the estimated liability for unasserted claims of $ 743 million to $ 961 million, and we believed that no amount within this range was a better estimate than any other amount. In accordance wit h ASC 450 – Contingencies (“ASC 450”) , we recorded the low end of the range of $743 million which resulted in a reduction of $ 207 million in our NARCO Trust Liability. NARCO emerged from bankruptcy on April 30, 2013, at which time a federally authorized 5 24(g) 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 feder al courts and requiring all asbestos related claims based on exposure to NARCO asbestos-containing products to be made against the NARCO Trust. The NARCO Trust Agreement and the NARCO Trust Distribution Procedures are the principal documents setting fort h the structure of the NARCO Trust. These documents establish Honeywell’s evergreen funding obligations. Honeywell is obligated to fund NARCO asbestos claims submitted to the NARCO Trust which qualify for payment under the Trust Distribution Procedures ( Annual Contribution Claims), subject to annual caps of $ 140 million in 2018 and $ 145 million for each year thereafter. However, the initial $ 100 million of claims processed through the NARCO Trust (the Initial Claims Amount) will not count against the annu al cap and any unused portion of the Initial Claims Amount will roll over to subsequent years until fully utilized. T hese documents also establish the material operating rules for the NARCO Trust, including Honeywell audit rights and the criteria claimant s must meet to have a valid claim paid. These claims payment criteria include providing the NARCO Trust with adequate medical evidence of the claimant’s asbestos - related condition and credible evidence of exposure to a specific NARCO asbestos-containing p roduct. Further, the NARCO Trust is eligible to receive cash dividends from Harbison-Walker International Inc (“HWI”), the reorganized and renamed entity that emerged, fully operational, from the NARCO bankruptcy. The NARCO Trust is required to use any fu nding received from HWI to pay Annual Contribution C laims until those funds are exhausted. It is only at this point that Honeywell’s funding obligation to the Trust is triggered. Thus, there is an unrelated primary source for funding that affects Honeywe ll’s funding of the NARCO Trust Liability. Once operational, the NARCO Trust began to receive, process and pay claims that had been previously stayed pending the Trust becoming operational. As the NARCO Trust began to pay claims in 2014, we began to asse rt our on-going audit rights to review and monitor the claims processor’s adherence to the established requirements of the NARCO Trust Distribution Procedures. While doing so, we identified several issues with the way the Trust was implementing the NARCO Trust Distribution Procedures. In 2015, Honeywell filed suit against the NARCO Trust in Bankruptcy Court alleging breach of certain provisions of the NARCO Trust Agreement and NARCO Trust Distribution Procedures. The parties agreed to dismiss the proceedi ng without prejudice pursuant to an 18-month Standstill Agreement, which expired in October 2017. Notwithstanding its expiration, claims processing continues, and Honeywell continues to negotiate and attempt to resolve remaining disputed issues (that is, i nstances where Honeywell believes the NARCO Trust is not processing claims in accordance with established NARCO Trust Distribution Procedures). Honeywell reserves its right to seek judicial intervention should negotiations fail. After the NARCO Trust bec ame effective in 2013, the $743 million NARCO Trust Liability was then comprised of: liabi lity for unasserted claims; and liability for claims asserted after the NARCO Trust became operational but not yet paid. Although we know the number of claims filed with the NARCO Trust each year, we are not able to determine at this time the portion of the NARCO Trust Liability which represents asserted versus unasserted claims due to the lack of sufficiently reliable claims data because of the claims processing iss ues described previously. Honeywell maintain ed the $743 million accrual for NARCO Trust Liability, as there has not been sufficiently reliable claims data history to enable us to update that liability. As of September 30, 2018, our total NAR CO asbestos liability of $ 9 0 8 million reflects Pre-bankruptcy NARCO liability of $ 1 6 5 million and NARCO Trust Liability of $ 743 million. Through September 30, 2018, Pre-bankruptcy NARCO Liability has been reduced by approximately $ 2 billion since first es tablished in 2002, largely related to settlement payments. T he remaining Pre-bankruptcy NARCO liability principally represents estimated amounts owed pursuant to settlement agreements reached during the pendency of the NARCO bankruptcy proceedings that pr ovide for the right to submit claims to the NARCO Trust subject to qualification under the terms of the settlement agreements and Trust Distribution Procedures. The other NARCO bankruptcy obligations were paid in 2013 and no further liability is recorded. As of September 30, 2018, Honeywell has not made any payments to the NARCO Trust for Annual Contribution Claims as any Annual Contribution Claims which have been paid since the Trust became operational have been funded by cash dividends from HWI. Honeywell continues to evaluate the appropriateness of the $743 million NARCO Trust Liability. Despite becoming effective in 2013, the NARCO Trust has experienced delays in becoming fully operational . V iolations of the Trust Distribution Procedures and the resulting d isputes and challenges , a standstill pending dispute resolution , and limited claims payments, have all contributed to the lack of sufficient normalized data based on actual claims processing experience in the Trust since it began operat ion al. As a result, we have not been able to further update the NARCO Trust Liability. The $743 million NARCO Trust Liability continues to be appropriate because of the unresolved pending claims in the Trust, some portion of which will result in payouts in the future, and because new claims continue to be filed with the NARCO Trust. When sufficiently reliable claims data exists, we will update our estimate of the NARCO Trust Liability and it is p ossible that a material change may need to be recognized. O ur insurance receivable of $311 million as of September 30, 2018, corresponding t o the estimated liability for asserted and unasserted NARCO asbestos claims reflects coverage which reimburses Honeywell for portions of NARCO-related indemnity and defense co sts and is provided by a large number of insurance policies written by dozens of insurance companies in both the domestic insurance market and the London excess market. We conduct analyses to estimate the probable amount of insurance that is recoverable fo r asbestos claims. While the substantial majority of our insurance carriers are solvent, some of our individual carriers are insolvent, which has been considered in our analysis of probable recoveries. We made judgments concerning insurance coverage that w e believe are reasonable and consistent with our historical dealings and our knowledge of any pertinent solvency issues surrounding insurers . Bendix Products —Bendix manufactured automotive brake linings that contained chrysotile asbestos in an encapsula ted form. Claimants consist largely of individuals who allege exposure to asbestos from brakes from either performing or being in the vicinity of individuals who performed brake replacements. The following tables present information regarding Bendix rela ted asbestos claims activity: Nine Months Ended Years Ended September 30, December 31, Claims Activity 2018 2017 2016 Claims unresolved at the beginning of period 6,280 7,724 7,779 Claims filed 1,895 2,645 2,830 Claims resolved (2,088) (4,089) (2,885) Claims unresolved at the end of period 6,087 6,280 7,724 Disease Distribution of Unresolved Claims September 30, December 31, 2018 2017 2016 Mesothelioma and other cancer claims 2,868 3,062 3,490 Nonmalignant claims 3,219 3,218 4,234 Total claims 6,087 6,280 7,724 Honeywell has experienced average resolution values per claim excluding legal costs as follows: Years Ended December 31, 2017 2016 2015 2014 2013 (in whole dollars) Malignant claims $ 56,000 $ 44,000 $ 44,000 $ 53,500 $ 51,000 Nonmalignant claims $ 2,800 $ 4,485 $ 100 $ 120 $ 850 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 asserted (claims filed as of the financial statement date) and unasserted Bendix-related asbestos claims and excludes the Company’s legal fees to defend such asbestos claims which will continue to be expensed by the Company as they are incurred. We have valued Bendix asserted a nd unasserted claims using average resolution values for the previous five years. We update the resolution values used to estimate the cost of Bendix asserted and unasserted claims during the fourth quarter each year. Honeywell now reflects the inclusion of all years through 2059 rather than a subset of future years when estimating the liability for unasserted Bendix-related asbestos claims. Such liability for unasserted Bendix-related asbestos claims is based on historic claims filing experience and dism issal rates, disease classifications, and resolution values in the tort system for the previous five years. Our insurance receivable corresponding to the liability for settlement of asserted and unasserted Bendix asbestos claims reflects coverage which is pro vided 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 o ngoing 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. Other Matters We are subject to a number of other lawsuits, inves tigations and disputes (some of which involve substantial amounts claimed) arising out of the conduct of our business, including matters relating to commercial transactions, government contracts, product liability, prior acquisitions and divestitures, empl oyee benefit plans, intellectual property, 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 outc omes 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 following: Honeywell v. United Auto Workers (UAW) et. al — In September 2011, the UAW and certain Honeywell retirees (Plaintiffs) filed a suit in the Eastern District of Michigan (the District Court) alleging that a series of Master Collective Bargaining Agreements (MCBAs) between Honeywell and the UAW provided the retirees with rights to lifetime, vested healthcare benefits that could never be changed or reduced. Plaintiffs alleged that Honeywell had violated those vested rig hts by implementing express limitations (CAPS) on the amount Honeywell contributed toward healthcare coverage for the retirees. Honeywell subsequently answered the UAW’s complaint and asserted counterclaims, including for breach of implied warranty. Betw een 2014 and 2015, Honeywell began enforcing the CAPS against former employees. In response, the UAW and certain of the Plaintiffs filed a motio n seeking a ruling that the MCBAs do not limit Honeywell’s obligation to contribute to healthcare coverage for those retirees. On March 29, 2018, the District Court issued its opinion resolving all pending summary judgment motions, except for Honeywell’s counterclaim for breach of implied warranty , which has since been dismissed without prejudice. In the opinion, the District Court held that the MCBAs do not promise retirees vested, lifetime benefits that survive expiration of the MCBAs. Based on this ruling, Hon eywell terminate d the retirees healthcare coverage be nefits altogether as of July 31, 2018. In response, the UAW filed a motion to enjoin Honeywell from completely terminating coverage as of July 31, 2018, arguing that the CAPS themselves are vested and that Honeywell must continue to provide retiree medica l benefits at the capped level. On July 28, 2018, the District Court denied the UAW’s motion and entered a final judgment consistent with its March 2018 ruling. The UAW has appealed this decision to the Sixth Circuit Court of Appeals. Honeywell believes the D istrict Court’s ruling will be upheld. In the March 2018 opinion , the District Court also held that Honeywell is obligated under the MCBAs to pay the “full premium” for retiree healthcare rather than the capped amount. Based on this ruling, Honeywell would be required to pay monetary damages to retirees for any past years in which Honeywell paid less than the “full premium” of their healthcare coverage. Such damages would be limited, depending on the r etiree group, to a two to three- year period ending when the 201 6 MCBA expired , and Honeywell would have no ongoing obligation to continue funding healthcare coverage for subsequent periods. Honeywell has appealed the District Court’s ruling on this “full premium” da mages issue, and believes that the Sixth Circuit Court of Appeals will reverse the District Court on that issue. I n the event the Sixth Circuit were to sustain the District Court’s ruling on this issue, Honeywell would be liable for damages of at least $ 12 million. Given the uncertainty inher ent in litigation and investigations (including the specific matter 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 a bove). Considering our past experience and existing accruals, we do not expect the outcome of these matters, either individually or in the aggregate, to have a material adverse effect on our consolidated financial position. Because most contingencies are r esolved over long periods of time, potential liabilities are subject to change due to new developments, changes in settlement strategy or the impact of evidentiary requirements, which could cause us to pay damage awards or settlements (or become subject to equitable remedies) that could have a material adverse effect on our results of operations or operating cash flows in the periods recognized or paid.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2018
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Note 16 . Subsequent Events On October 1, 2018 the Company completed the spin-off of its Transportation Systems business, part of Aerospace, into a standalone, publicly-traded company, Garrett Motion Inc., to Honeywell shareowners. Since the effective date of the spin-off falls within the fiscal fourth quarter, the assets and liabilities associated with Garrett have been included with the Company’s third quarter Consolidated Balance Sheet. The results of operations for Garrett are included in the Consolidated Statement of Operations and Consolidated Statement of Cash Flows through the effective date of the spin-off. The Company entered into certain agreements with Garret to affect our legal and structural separation including a transition servi ces agreement with Garrett to provide certain administrative and other services for a limited time. The Company also entered into an Indemnification and Reimbursement Agreement with a Garrett subsidiary, pursuant to which Garrett’s subsidiary will have a n obligation to make cash payments to Honeywell in amounts equal to (i) 90% of Honeywell’s asbestos-related liability payments primarily related to the Bendix business in the United States, as well as certain environmental-related liability payments and ac counts payable and non-United States asbestos-related liability payments, in each case related to legacy elements of the Garrett business, including the legal costs of defending and resolving such liabilities, less (ii) 90% of Honeywell’s net insurance rec eipts and, as may be applicable, certain other recoveries associated with such liabilities. The amount payable to Honeywell in respect of such liabilities arising in any given year will be subject to a cap, payable in the Euro equivalent of approximately $ 175 million using a fixed exchange rate determined just prior to spinoff. The obligation will continue until the earlier of December 31, 2048, or December 31 of the third consecutive year during which the annual indemnification obligation has been less th an the Euro equivalent, at the fixe d exchange rate, of $ 25 million . Honeywell shareowners of record as of the close of business on September 18, 2018 received one share of Garrett common stock for every 10 shares of Honeywell common stock on the distribution date of October 1, 2018. Immediately prior to the effective date of the spin-off, subsidiaries of Garrett incurred debt to make a cash distribution of approximately $ 1.6 billion to the Company.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2018
Summary of Significant Accounting Policies [Abstract]
Reclassifications	Reclassifications – Certain prior year amounts have been reclassified to conform to the current year presentation.
Sales Recognition	Sales Recognition —Product and service sales are recognized when or as we transfer control of the promised products or services to our customer. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. Service sales, principally representing repair, maintenance and engineering activities are recogniz ed over the contractual period or as services are rendered. Sales under long-term contracts with performance obligations satisfied over time are recognized using either an input or output method. We recognize revenue over time as we perform on these contra cts because of the continuous transfer of control to the customer. With control transferring over time, revenue is recognized based on the extent of progress towards completion of the performance obligation. We generally use the cost-to-cost input method o f progress for our contracts because it best depicts the transfer of control to the customer that occurs as we incur costs. Under the cost-to-cost method, the extent of progress towards completion is measured based on the proportion of costs incurred to da te to the total estimated costs at completion of the performance obligation. Provisions for anticipated losses on long-term contracts are recorded in full when such losses become evident, to the extent required. The customer funding for costs incurred for nonrecurring engineering and development activities of our products under agreements with commercial customers is deferred and subsequently recognized as revenue as products are delivered to the customers. Additionally, expenses incurred, up to the custome r agreed funded amount, are deferred as an asset and recognized as cost of sales when products are delivered to the customer. The deferred customer funding and costs result in recognition of deferred costs (asset) and deferred revenue (liability) on our Co nsolidated Balance Sheet. Revenues for our mechanical service programs are recognized as performance obligations are satisfied over time, with recognition reflecting a series of distinct services using the output method. The terms of a contract or the hist orical business practice can give rise to variable consideration due to, but not limited to, cash-based incentives, rebates, performance awards, or credits. We estimate variable consideration at the most likely amount we will receive from customers. We inc lude estimated amounts in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized for such transaction will not occur , or when the uncertainty associated with the variable consideration is resolved. O ur estimates of variable consideration and determination of whether to include estimated amounts in the transaction price are based largely on an assessment of our anticipated performance and all information (historical, current and forecasted) that is rea sonably available to us.
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 braking system hardware, avionics, and auxiliary power units, for installation on commercial aircraft. These incentives consist of free or deeply discounted products, credits for future purchases of product or upfront cash payments. These costs are generally recognized in the period incurred as cost of products sold or as a reduction to relevant sales, as appropriate.
Pension Benefits	Pension Benefits — On Januar y 1, 2018, we retrospectively adopted the new accounting guidance on presentation of n et periodic pension cost s. That guidance requires that we disaggregate the service cost component of net benefit cost s and report those costs in the same line item or items in the Consolidated Statement of O perations as other compensation costs arising from services rendered by the pertinent employees during the period . The other non-service components of net benefit cost s are required to be presented separately from the service cost component . Following the adoption of this guidance, w e continue to record the service cost component of Pension ongoing (income) e xpense in Costs of products and services sold and Selling, general and administrative expenses . The remaining components of net benefit costs within P ension ongoing (income) expense , primarily in terest costs and assumed return on plan assets, are now re corded in Other (income) expense. We will continue to recognize net actuarial gains or losses in excess of 10% of the greater of the fair value of plan assets or the plans’ projected benefit obligation (the corridor) annually in the fourth quarter each yea r (MTM Adjustment) . The MTM Adjustment will also be reported in Other (income) expense.
Recent Accounting Pronouncements	Recent Accounting Pronouncements We consider the applicability and impact of all Accounting Standards Updates (ASUs) issued by the Financial Accounting Standards Board (FASB). ASUs not listed below were assessed and determined to be either not applicable or are expected to have minimal impact on our consolidated result of operations, financial position and cash flows (Consolidated Financial Statements) . In February 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, with early adoption permitted. We expect to adopt the requirements of the new standard effective January 1, 2019. The guidance requires the use of a modified retrospective approach. In July 2018, the FASB issued updated guidance which allows an additional transition method to adopt the new leases standard at the adoption date, as compared to the beginning of t he earliest period presented, and recognize a cumulative-effect adjustment to the beginning balance of retained earnings in the period of adoption. The Company expects to elect this transition method at the adoption date of January 1, 2019. We are currentl y finalizing our lease portfolio analysis to determine the impact to the Consolidated Financial Statements. We are implementing processes and information technology tools to assist in our ongoing lease data collection and analysis, and updating our account ing policies and internal controls that would be impacted by the new guidance, to ensure readiness for adoption in the first quarter of 2019. In August 2017, the FASB issued amendments to hedge accounting guidance. These amendments are intended to better align a company's risk management strategies and financial reporting for hedging relationships. Under the new guidance, more hedging strategies will be eligible for hedge accounting and the application of hedge accounting is simplified. In addition, the n ew guidance amends presentation and disclosure requirements. The guidance is effective for fiscal years beginning after December 15, 2018 with early adoption permitted, including for interim periods within those years. The Company does not expect the adopt ion of this ASU to have a material impact on its Consolidated Financial Statements. In February 2018, the FASB issued guidance that allows for an entity to elect to reclassify the income tax effects on items within accumulated other comprehensive income resulting from the U.S. Tax Cuts and Jobs Act (“U.S. Tax Reform”) to retained earnings . The guidance is effective for fiscal years beginning after December 15, 2018 with early adoption permitted, including interim periods within those years. Upon adoption, t he Company does not expect to elect to reclassify the stranded income tax effects of U.S. Tax Reform from accumulated other comprehensive income to retained earnings.

REPOSITIONING AND OTHER CHARG_2

REPOSITIONING AND OTHER CHARGES (Tables)	9 Months Ended
	Sep. 30, 2018
Repositioning And Other Charges [Abstract]
Repositioning and other charges	A summary of repositioning and other charges follows: Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Severance $ 39 $ 75 $ 100 $ 177 Asset impairments 26 22 74 57 Exit costs 8 11 48 20 Reserve adjustments 1 (7) (2) (7) Total net repositioning charge 74 101 220 247 Asbestos related litigation charges, net of insurance 59 55 157 155 Probable and reasonably estimable environmental liabilities 150 62 334 167 Other 16 17 45 17 Total net repositioning and other charges $ 299 $ 235 $ 756 $ 586
Pretax distribution of total net repositioning and other charges by income statement classification	The following table summarizes the pretax distribution of total net repositioning and other charges by income statement classification: Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Cost of products and services sold $ 261 $ 198 $ 605 $ 506 Selling, general and administrative expenses 38 37 110 54 Other (income) expense - - 41 26 $ 299 $ 235 $ 756 $ 586
Pretax Impact of Total Net Repositioning and Other Charges by Segment	The following table summarizes the pretax impact of total net repositioning and other charges by segment: Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Aerospace $ 54 $ 64 $ 157 $ 219 Home and Building Technologies 4 15 17 57 Performance Materials and Technologies 12 28 85 30 Safety and Productivity Solutions 39 34 52 34 Corporate 190 94 445 246 $ 299 $ 235 $ 756 $ 586
Total Repositioning Reserves	The following table summarizes the status of our total repositioning reserves: Severance Asset Exit Costs Impairments Costs Total December 31, 2017 $ 442 $ - $ 71 $ 513 Charges 100 74 48 222 Usage - cash (182) - (52) (234) Usage - noncash - (75) - (75) Foreign currency translation (5) - - (5) Adjustments - 1 (3) (2) September 30, 2018 $ 355 $ - $ 64 $ 419

OTHER (INCOME) EXPENSE (Tables)

OTHER (INCOME) EXPENSE (Tables)	9 Months Ended
	Sep. 30, 2018
Other (Income) Expense [Abstract]
Other (income) expense [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Interest income $ (55) $ (39) $ (154) $ (106) Pension ongoing income – non-service (301) (247) (906) (732) Other postretirement income – non-service (12) (6) (24) (16) Equity income of affiliated companies (14) (14) (38) (31) Foreign exchange (15) (10) (27) 14 Separation costs 116 - 234 - Other (net) 6 - 56 37 $ (275) $ (316) $ (859) $ (834)

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Earnings per share basic	Three Months Ended Nine Months Ended September 30, September 30, Basic 2018 2017 2018 2017 Net income attributable to Honeywell $ 2,338 $ 1,345 $ 5,044 $ 4,064 Weighted average shares outstanding 741.8 762.2 746.0 763.1 Earnings per share of common stock $ 3.15 $ 1.76 $ 6.76 $ 5.33
Earnings per share diluted	Three Months Ended Nine Months Ended September 30, September 30, Assuming Dilution 2018 2017 2018 2017 Net income attributable to Honeywell $ 2,338 $ 1,345 $ 5,044 $ 4,064 Average Shares Weighted average shares outstanding 741.8 762.2 746.0 763.1 Dilutive securities issuable - stock plans 10.2 9.2 10.0 10.0 Total weighted average shares outstanding 752.0 771.4 756.0 773.1 Earnings per share of common stock $ 3.11 $ 1.74 $ 6.67 $ 5.26

REVENUE RECOGNITION AND CONTR_2

REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS (Tables)	9 Months Ended
	Sep. 30, 2018
Revenue From Contract With Customer [Abstract]
Schedule Of New Accounting Pronouncements And Changes In Accounting Principles [Text Block]	New Balance at Revenue Balance at December 31, Standard January 1, 2017 Adjustment 2018 ASSETS Current assets: Accounts receivable - net $ 8,866 $ (149) $ 8,717 Inventories 4,613 (10) 4,603 Deferred income taxes 251 40 291 Other assets 3,372 1,082 4,454 LIABILITIES Current liabilities: Accrued liabilities 6,968 (48) 6,920 Deferred income taxes 2,664 1 2,665 Other liabilities 5,930 1,084 7,014 SHAREOWNERS' EQUITY Retained earnings 27,481 (75) 27,406 Noncontrolling interest $ 163 $ 1 $ 164
Disaggregation Of Revenue [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2018 2018 Aerospace Commercial Aviation Original Equipment $ 724 $ 2,131 Commercial Aviation Aftermarket 1,370 3,964 Defense Services 1,134 3,348 Transportation Systems 802 2,622 4,030 12,065 Home and Building Technologies Products and Software 521 1,554 Distribution (ADI) 671 1,985 Connected Buildings 201 632 Building Solutions 605 1,769 Building Products 519 1,556 2,517 7,496 Performance Materials and Technologies UOP 722 2,012 Process Solutions 930 2,781 Smart Energy 295 931 Specialty Products 279 847 Fluorine Products 414 1,301 2,640 7,872 Safety and Productivity Solutions Safety and Retail 564 1,680 Productivity Products 329 1,017 Warehouse and Workflow Solutions 463 1,299 Sensing & Internet-of-Things (IoT) 219 644 1,575 4,640 Net sales $ 10,762 $ 32,073 Three Months Ended Nine Months Ended September 30, September 30, 2018 2018 Products, transferred point in time 67 % 68 % Products, transferred over time 11 11 Net product sales 78 79 Services, transferred point in time 7 7 Services, transferred over time 15 14 Net service sales 22 21 Net sales 100 % 100 %
Contract With Customer Asset And Liability [Table Text Block]	2018 Contract assets - January 1 $ 1,721 Contract assets - September 30 1,689 Change in contract assets - increase (decrease) $ (32) Contract liabilities - January 1 $ (2,973) Contract liabilities - September 30 (3,165) Change in contract liabilities - (increase) decrease $ (192) Net change $ (224)
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Table Text Block]	September 30, 2018 Aerospace $ 9,868 Home and Building Technologies 6,500 Performance Materials and Technologies 6,198 Safety and Productivity Solutions 1,902 $ 24,468

ACCOUNTS RECEIVABLE - NET (Tabl

ACCOUNTS RECEIVABLE - NET (Tables)	9 Months Ended
	Sep. 30, 2018
Accounts Receivable, Net Current [Abstract]
Schedule of Accounts Receivables	September 30, December 31, 2018 2017 Trade $ 8,813 $ 9,068 Less - Allowance for doubtful accounts (245) (202) $ 8,568 $ 8,866

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Sep. 30, 2018
Inventories [Abstract]
Inventories	September 30, December 31, 2018 2017 Raw materials $ 1,334 $ 1,193 Work in process 860 790 Finished products 2,904 2,669 5,098 4,652 Reduction to LIFO cost basis (37) (39) $ 5,061 $ 4,613

LONG-TERM DEBT AND CREDIT AGR_2

LONG-TERM DEBT AND CREDIT AGREEMENTS (Tables)	9 Months Ended
	Sep. 30, 2018
Long Term Debt and Credit Agreements [Abstract]
Long-Term Debt	September 30, December 31, 2018 2017 Two year floating rate Euro notes due 2018 $ - $ 1,199 1.40% notes due 2019 1,250 1,250 Three year floating rate notes due 2019 250 250 Two year floating rate notes due 2019 450 450 1.80% notes due 2019 750 750 0.65% Euro notes due 2020 1,158 1,199 4.25% notes due 2021 800 800 1.85% notes due 2021 1,500 1,500 1.30% Euro notes due 2023 1,448 1,499 3.35% notes due 2023 300 300 2.50% notes due 2026 1,500 1,500 2.25% Euro notes due 2028 868 900 5.70% notes due 2036 441 441 5.70% notes due 2037 462 462 5.375% notes due 2041 417 417 3.812% notes due 2047 445 445 Industrial development bond obligations, floating rate maturing at various dates through 2037 22 22 6.625% debentures due 2028 201 201 9.065% debentures due 2033 51 51 Other (including capitalized leases and debt issuance costs), 5.0% weighted average maturing at various dates through 2025 334 288 12,647 13,924 Garrett pre-separation funding: 2.50% Euro term loan due 2023 387 - 2.75% Euro term loan due 2025 440 - 4.881% term loan due 2025 425 - 5.125% Euro notes due 2026 410 - Debt issuance costs (35) - 1,627 - Total 14,274 13,924 Less: current portion (215) (1,351) $ 14,059 $ 12,573

FINANCIAL INSTRUMENTS AND FAI_2

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES (Tables)	9 Months Ended
	Sep. 30, 2018
Financial Instruments And Fair Value Measures [Abstract]
Schedule Of Fair Value Assets And Liabilities Measured On Recurring Basis Table Text Block	September 30, December 31, 2018 2017 Assets: Foreign currency exchange contracts $ 44 $ 17 Available for sale investments 2,009 3,916 Interest rate swap agreements 13 44 Liabilities: Foreign currency exchange contracts 19 70 Interest rate swap agreements $ 95 $ 52
Financial assets and liabilities that were not carried at fair value	September 30, 2018 December 31, 2017 Carrying Fair Carrying Fair Value Value Value Value Assets Long-term receivables $ 332 $ 319 $ 296 $ 289 Liabilities Long-term debt and related current maturities $ 14,274 $ 14,768 $ 13,924 $ 14,695

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	9 Months Ended
	Sep. 30, 2018
Accumulated Other Comprehensive Income (Loss) [Abstract]
Changes in Accumulated Other Comprehensive Income by Component	Pension Changes in Foreign and Other Fair Value Exchange Postretirement of Effective Translation Benefits Cash Flow Adjustment Adjustments Hedges Total Balance at December 31, 2017 $ (1,981) $ (202) $ (52) $ (2,235) Other comprehensive income (loss) before reclassifications 61 35 27 123 Amounts reclassified from accumulated other comprehensive income - (53) 40 (13) Net current period other comprehensive income (loss) 61 (18) 67 110 Balance at September 30, 2018 $ (1,920) $ (220) $ 15 $ (2,125) Pension Changes in Foreign and Other Fair Value Exchange Postretirement of Effective Translation Benefits Cash Flow Adjustment Adjustments Hedges Total Balance at December 31, 2016 $ (1,944) $ (879) $ 109 $ (2,714) Other comprehensive income (loss) before reclassifications 112 (46) (98) (32) Amounts reclassified from accumulated other comprehensive income - (42) (52) (94) Net current period other comprehensive income (loss) 112 (88) (150) (126) Balance at September 30, 2017 $ (1,832) $ (967) $ (41) $ (2,840)

SEGMENT FINANCIAL DATA (Tables)

SEGMENT FINANCIAL DATA (Tables)	9 Months Ended
	Sep. 30, 2018
Segment Financial Data [Abstract]
Segment Financial Data	Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Net sales Aerospace Products $ 2,747 $ 2,452 $ 8,275 $ 7,393 Services 1,283 1,205 3,790 3,484 Total 4,030 3,657 12,065 10,877 Home and Building Technologies Products 2,157 2,125 6,423 6,154 Services 360 354 1,073 1,008 Total 2,517 2,479 7,496 7,162 Performance Materials and Technologies Products 2,089 2,140 6,346 6,181 Services 551 431 1,526 1,304 Total 2,640 2,571 7,872 7,485 Safety and Productivity Solutions Products 1,484 1,335 4,370 3,943 Services 91 79 270 224 Total 1,575 1,414 4,640 4,167 $ 10,762 $ 10,121 $ 32,073 $ 29,691 Segment profit Aerospace $ 891 $ 780 $ 2,702 $ 2,395 Home and Building Technologies 430 421 1,273 1,189 Performance Materials and Technologies 560 563 1,676 1,599 Safety and Productivity Solutions 262 213 760 621 Corporate (53) (82) (181) (210) Total segment profit 2,090 1,895 6,230 5,594 Interest and other financial charges (99) (81) (277) (235) Stock compensation expense (a) (41) (39) (131) (133) Pension ongoing income (b) 247 183 745 546 Other postretirement income (b) 12 6 24 16 Repositioning and other charges (c) (299) (235) (756) (586) Other (d) (52) 49 (68) 81 Income before taxes $ 1,858 $ 1,778 $ 5,767 $ 5,283 (a) Amounts included in Selling, general and administrative expenses. (b) Amounts included in Cost of products and services sold and Selling, general and administrative expenses (service costs) and Other income/expense (non-service cost components). (c) Amounts included in Cost of products and services sold, Selling, general and administrative expenses, and Other income/expense. (d) Amounts include the other components of Other income/expense not included within other categories in this reconciliation. Equity income/loss of affiliated companies is included in segment profit.
Reconciliation of Operating Profit Loss From Segments to Consolidated	Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Net sales Aerospace Products $ 2,747 $ 2,452 $ 8,275 $ 7,393 Services 1,283 1,205 3,790 3,484 Total 4,030 3,657 12,065 10,877 Home and Building Technologies Products 2,157 2,125 6,423 6,154 Services 360 354 1,073 1,008 Total 2,517 2,479 7,496 7,162 Performance Materials and Technologies Products 2,089 2,140 6,346 6,181 Services 551 431 1,526 1,304 Total 2,640 2,571 7,872 7,485 Safety and Productivity Solutions Products 1,484 1,335 4,370 3,943 Services 91 79 270 224 Total 1,575 1,414 4,640 4,167 $ 10,762 $ 10,121 $ 32,073 $ 29,691 Segment profit Aerospace $ 891 $ 780 $ 2,702 $ 2,395 Home and Building Technologies 430 421 1,273 1,189 Performance Materials and Technologies 560 563 1,676 1,599 Safety and Productivity Solutions 262 213 760 621 Corporate (53) (82) (181) (210) Total segment profit 2,090 1,895 6,230 5,594 Interest and other financial charges (99) (81) (277) (235) Stock compensation expense (a) (41) (39) (131) (133) Pension ongoing income (b) 247 183 745 546 Other postretirement income (b) 12 6 24 16 Repositioning and other charges (c) (299) (235) (756) (586) Other (d) (52) 49 (68) 81 Income before taxes $ 1,858 $ 1,778 $ 5,767 $ 5,283 (a) Amounts included in Selling, general and administrative expenses. (b) Amounts included in Cost of products and services sold and Selling, general and administrative expenses (service costs) and Other income/expense (non-service cost components). (c) Amounts included in Cost of products and services sold, Selling, general and administrative expenses, and Other income/expense. (d) Amounts include the other components of Other income/expense not included within other categories in this reconciliation. Equity income/loss of affiliated companies is included in segment profit.

PENSION BENEFITS (Tables)

PENSION BENEFITS (Tables)	9 Months Ended
	Sep. 30, 2018
Pension Benefits (Tables) [Abstract]
Defined Benefit Plans Disclosure	U.S. Plans Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Service cost $ 35 $ 43 $ 105 $ 129 Interest cost 143 147 430 440 Expected return on plan assets (357) (316) (1,071) (946) Amortization of prior service (credit) (11) (10) (33) (32) $ (190) $ (136) $ (569) $ (409) Non-U.S. Plans Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Service cost $ 6 $ 10 $ 20 $ 29 Interest cost 35 37 108 109 Expected return on plan assets (108) (104) (336) (305) Amortization of prior service (credit) - (1) (1) (1) $ (67) $ (58) $ (209) $ (168)

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2018
Commitments And Contingencies Disclosure [Abstract]
Loss Contingency	December 31, 2017 $ 595 Accruals for environmental matters deemed probable and reasonably estimable 334 Environmental liability payments (133) Other (5) September 30, 2018 $ 791
Environmental liabilities are included in the following balance sheet accounts:	Environmental liabilities are included in the following balance sheet accounts: September 30, December 31, 2018 2017 Accrued liabilities $ 201 $ 226 Other liabilities 590 369 $ 791 $ 595
Asbestos Related Liabilities	Asbestos Related Liabilities Bendix NARCO Total December 31, 2017 $ 1,703 $ 907 $ 2,610 Accrual for update to estimated liability 141 27 168 Asbestos related liability payments (151) (26) (177) September 30, 2018 $ 1,693 $ 908 $ 2,601
Insurance Recoveries for Asbestos Related Liabilities	Insurance Recoveries for Asbestos Related Liabilities Bendix NARCO Total December 31, 2017 $ 191 $ 312 $ 503 Probable insurance recoveries related to estimated liability 10 - 10 Insurance receipts for asbestos related liabilities (24) (1) (25) Insurance receivables settlements 1 - 1 September 30, 2018 $ 178 $ 311 $ 489
NARCO and Bendix asbestos related balances are included in the following balance sheet accounts	NARCO and Bendix asbestos related balances are included in the following balance sheet accounts: September 30, December 31, 2018 2017 Other current assets $ 24 $ 24 Insurance recoveries for asbestos related liabilities 465 479 $ 489 $ 503 Accrued liabilities $ 349 $ 350 Asbestos related liabilities 2,252 2,260 $ 2,601 $ 2,610
The following tables present information regarding Bendix related asbestos claims activity	Nine Months Ended Years Ended September 30, December 31, Claims Activity 2018 2017 2016 Claims unresolved at the beginning of period 6,280 7,724 7,779 Claims filed 1,895 2,645 2,830 Claims resolved (2,088) (4,089) (2,885) Claims unresolved at the end of period 6,087 6,280 7,724
Disease distribution of claims	Disease Distribution of Unresolved Claims September 30, December 31, 2018 2017 2016 Mesothelioma and other cancer claims 2,868 3,062 3,490 Nonmalignant claims 3,219 3,218 4,234 Total claims 6,087 6,280 7,724
Average resolution values per asbestos claim	Honeywell has experienced average resolution values per claim excluding legal costs as follows: Years Ended December 31, 2017 2016 2015 2014 2013 (in whole dollars) Malignant claims $ 56,000 $ 44,000 $ 44,000 $ 53,500 $ 51,000 Nonmalignant claims $ 2,800 $ 4,485 $ 100 $ 120 $ 850

REPOSITIONING AND OTHER CHARG_3

REPOSITIONING AND OTHER CHARGES (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	$ 74	$ 101	$ 220	$ 247
Asbestos related litigation charges, net of insurance	59	55	157	155
Probable and reasonably estimable environmental liabilities	150	62	334	167
Other	16	17	45	17
Total net repositioning and other charges	299	235	756	586
Severance Costs [Member]
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	39	75	100	177
Tangible And Intangible Asset Impairment [Member]
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	26	22	74	57
Exit Costs [Member]
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	8	11	48	20
Restructuring Reserve Accrual Adjustments [Member]
Component Of Operating Other Cost And Expense [Line Items]
Total net repositioning charge	$ 1	$ (7)	$ (2)	$ (7)

REPOSITIONING AND OTHER CHARG_4

REPOSITIONING AND OTHER CHARGES 2 (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Pretax Distribution Of Total Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	$ 299,000,000	$ 235,000,000	$ 756,000,000	$ 586,000,000
Cost of products and services sold [Member]
Pretax Distribution Of Total Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	261,000,000	198,000,000	605,000,000	506,000,000
Selling, general and administrative expenses [Member]
Pretax Distribution Of Total Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	38,000,000	37,000,000	110,000,000	54,000,000
Other (income) expense
Pretax Distribution Of Total Net Repositioning And Other Charges By Income Statement Classification [Line Items]
Total net repositioning charges	$ 0	$ 0	$ 41,000,000	$ 26,000,000

REPOSITIONING AND OTHER CHARG_5

REPOSITIONING AND OTHER CHARGES 3 (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	$ 299	$ 235	$ 756	$ 586
Corporate [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	190	94	445	246
Aerospace [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	54	64	157	219
Performance Materials And Technologies [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	12	28	85	30
Home And Building Technologies [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	4	15	17	57
Safety And Productivity Solutions [Member]
Pretax Impact Of Total Net Repositioning And Other Charges By Segment [Line Items]
Total net repositioning charges	$ 39	$ 34	$ 52	$ 34

REPOSITIONING AND OTHER CHARG_6

REPOSITIONING AND OTHER CHARGES 4 (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)Employees	Sep. 30, 2017USD ($)Employees	Sep. 30, 2018USD ($)Employees	Sep. 30, 2017USD ($)Employees
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 74	$ 101	$ 220	$ 247
Net repositioning and other charges Paragraph Details [Abstract]
Gross Repositioning Charge	$ 73	$ 108	$ 222	$ 254
Number of employees severed | Employees	816	1,700	2,700	4,224
Severance Costs [Member]
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 39	$ 75	$ 100	$ 177
Tangible And Intangible Asset Impairment [Member]
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	26	22	74	57
Exit Costs [Member]
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	8	11	48	20
Restructuring Reserve Accrual Adjustments [Member]
Net Repositioning And Other Charges [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 1	$ (7)	$ (2)	$ (7)

REPOSITIONING AND OTHER CHARG_7

REPOSITIONING AND OTHER CHARGES 5 (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Restructuring Reserve [Line Items]
Balance at beginning of period,			$ 513,000,000
Charges			222,000,000
Usage - cash			(234,000,000)
Usage - noncash			(75,000,000)
Foreign currency translation adjustment			(5,000,000)
Adjustments			(2,000,000)
Balance at end of period,	$ 419,000,000		419,000,000
Other	16,000,000	$ 17,000,000	45,000,000	$ 17,000,000
Severance Costs [Member]
Restructuring Reserve [Line Items]
Balance at beginning of period,			442,000,000
Charges			100,000,000
Usage - cash			(182,000,000)
Usage - noncash			0
Foreign currency translation adjustment			(5,000,000)
Adjustments			0
Balance at end of period,	355,000,000		355,000,000
Tangible And Intangible Asset Impairment [Member]
Restructuring Reserve [Line Items]
Balance at beginning of period,			0
Charges			74,000,000
Usage - cash			0
Usage - noncash			(75,000,000)
Foreign currency translation adjustment			0
Adjustments			1,000,000
Balance at end of period,	0		0
Exit Costs [Member]
Restructuring Reserve [Line Items]
Balance at beginning of period,			71,000,000
Charges			48,000,000
Usage - cash			(52,000,000)
Usage - noncash			0
Foreign currency translation adjustment			0
Adjustments			(3,000,000)
Balance at end of period,	$ 64,000,000		$ 64,000,000

OTHER (INCOME) EXPENSE (Details

OTHER (INCOME) EXPENSE (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Other Income and Expenses [Line Items]
Interest Income	$ (55,000,000)	$ (39,000,000)	$ (154,000,000)	$ (106,000,000)
Equity income of affiliated companies	(14,000,000)	(14,000,000)	(38,000,000)	(31,000,000)
Foreign exchange	(15,000,000)	(10,000,000)	(27,000,000)	14,000,000
Separation Costs	116,000,000	0	234,000,000	0
Other, net	6,000,000	0	56,000,000	37,000,000
Other (Income) Expense, Total	(275,000,000)	(316,000,000)	(859,000,000)	(834,000,000)
Pension Plans, Defined Benefit [Member]
Other Income and Expenses [Line Items]
Ongoing income - non-service	(301,000,000)	(247,000,000)	(906,000,000)	(732,000,000)
Other Postretirement Benefit Plans, Defined Benefit [Member]
Other Income and Expenses [Line Items]
Ongoing income - non-service	$ (12,000,000)	$ (6,000,000)	$ (24,000,000)	$ (16,000,000)

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Taxes [Line Items]
Tax expense (benefit)	$ (498)	$ 416	$ 679	$ 1,188
Change to accrued withholding taxes related to unremitted foreign earnings	(1,100)		(1,100)
Tax Cuts And Jobs Acts [Member]
Tax Cuts And Job Acts 2017 [Line Items]
Provisional tax charge due to imposition of the mandatory transition tax	30
Homes And Global Distribution And Transportation Systems [Member]
Income Taxes [Line Items]
Tax expense (benefit)	$ 132		$ 423

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Earnings Per Share [Abstract]
Net income attributable to Honeywell	$ 2,338	$ 1,345	$ 5,044	$ 4,064
Weighted average shares outstanding	741.8	762.2	746	763.1
Earnings per share of common stock - basic	$ 3.15	$ 1.76	$ 6.76	$ 5.33
Assuming dilution
Net income attributable to Honeywell	$ 2,338	$ 1,345	$ 5,044	$ 4,064
Average shares
Weighted average shares outstanding	741.8	762.2	746	763.1
Dilutive securities issuable - stock plans	10.2	9.2	10	10
Total weighted average shares outstanding	752	771.4	756	773.1
Earnings per share of common stock - assuming dilution	$ 3.11	$ 1.74	$ 6.67	$ 5.26
Earnings Per Share Paragraph Details [Abstract]
Stock options excluded from diluted computations	3	4.2	2.4	3.8
Shares outstanding	740.3	760.1	740.3	760.1
Common Stock Shares Issued	957.6	957.6	957.6	957.6

REVENUE RECOGNITION AND CONTR_3

REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Jan. 01, 2018	Dec. 31, 2017
Current assets:
Accounts receivable - net	$ 8,568		$ 8,568			$ 8,866
Inventories	5,061		5,061			4,613
Deferred income taxes	376		376			251
Other assets	5,350		5,350			3,372
Current liabilities:
Accrued liabilities	6,658		6,658			6,968
Deferred income taxes	1,905		1,905			2,664
Other liabilities	6,948		6,948			5,930
SHAREOWNERS' EQUITY
Retained earnings	31,110		31,110			27,481
Noncontrolling interest	177		177			163
Revenue From Contract With Customers Adoption Paragraph Details [Abstract]
Revenue From Contract With Customer Excluding Assessed Tax	10,762	$ 10,121	32,073	$ 29,691
Accounting Standards Update 2014-09 [Member]
Current assets:
Accounts receivable - net					$ 8,717
Inventories					4,603
Deferred income taxes					291
Other assets					4,454
Current liabilities:
Accrued liabilities					6,920
Deferred income taxes					2,665
Other liabilities					7,014
SHAREOWNERS' EQUITY
Retained earnings					27,406
Noncontrolling interest					164
Calculated Under Revenue Guidance In Effect Before Topic 606 [Member] | Accounting Standards Update 2014-09 [Member]
Current assets:
Accounts receivable - net						8,866
Inventories						4,613
Deferred income taxes						251
Other assets						3,372
Current liabilities:
Accrued liabilities						6,968
Deferred income taxes						2,664
Other liabilities						5,930
SHAREOWNERS' EQUITY
Retained earnings						27,481
Noncontrolling interest						$ 163
Difference Between Revenue Guidance In Effect Before And After Topic 606 [Member]
Revenue From Contract With Customers Adoption Paragraph Details [Abstract]
Revenue From Contract With Customer Excluding Assessed Tax	$ (90)		$ (285)
Difference Between Revenue Guidance In Effect Before And After Topic 606 [Member] | Accounting Standards Update 2014-09 [Member]
Current assets:
Accounts receivable - net					(149)
Inventories					(10)
Deferred income taxes					40
Other assets					1,082
Current liabilities:
Accrued liabilities					(48)
Deferred income taxes					1
Other liabilities					1,084
SHAREOWNERS' EQUITY
Retained earnings					(75)
Noncontrolling interest					$ 1

REVENUE RECOGNITION AND CONTR_4

REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS 2 (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Disaggregation Of Revenue [Line Items]
Revenue	$ 10,762	$ 10,121	$ 32,073	$ 29,691
Disaggregation of revenue, timing of recognition - percentage	100.00%		100.00%
Products [Member]
Disaggregation Of Revenue [Line Items]
Revenue	$ 8,477	8,052	$ 25,414	23,671
Disaggregation of revenue, timing of recognition - percentage	78.00%		79.00%
Products [Member] | Transferred At Point In Time [Member]
Disaggregation Of Revenue [Line Items]
Disaggregation of revenue, timing of recognition - percentage	67.00%		68.00%
Products [Member] | Transferred Over Time [Member]
Disaggregation Of Revenue [Line Items]
Disaggregation of revenue, timing of recognition - percentage	11.00%		11.00%
Services [Member]
Disaggregation Of Revenue [Line Items]
Revenue	$ 2,285	$ 2,069	$ 6,659	$ 6,020
Disaggregation of revenue, timing of recognition - percentage	22.00%		21.00%
Services [Member] | Transferred At Point In Time [Member]
Disaggregation Of Revenue [Line Items]
Disaggregation of revenue, timing of recognition - percentage	7.00%		7.00%
Services [Member] | Transferred Over Time [Member]
Disaggregation Of Revenue [Line Items]
Disaggregation of revenue, timing of recognition - percentage	15.00%		14.00%
Aerospace [Member]
Disaggregation Of Revenue [Line Items]
Revenue	$ 4,030		$ 12,065
Aerospace [Member] | Commercial Aviation Original Equipment [Member]
Disaggregation Of Revenue [Line Items]
Revenue	724		2,131
Aerospace [Member] | Commercial Aviation Aftermarket [Member]
Disaggregation Of Revenue [Line Items]
Revenue	1,370		3,964
Aerospace [Member] | Defense Services [Member]
Disaggregation Of Revenue [Line Items]
Revenue	1,134		3,348
Aerospace [Member] | Transportation Systems [Member]
Disaggregation Of Revenue [Line Items]
Revenue	802		2,622
Home And Building Technologies [Member]
Disaggregation Of Revenue [Line Items]
Revenue	2,517		7,496
Home And Building Technologies [Member] | Products And Software [Member]
Disaggregation Of Revenue [Line Items]
Revenue	521		1,554
Home And Building Technologies [Member] | Distribution (ADI)
Disaggregation Of Revenue [Line Items]
Revenue	671		1,985
Home And Building Technologies [Member] | Connected Buildings [Member]
Disaggregation Of Revenue [Line Items]
Revenue	201		632
Home And Building Technologies [Member] | Building Solutions [Member]
Disaggregation Of Revenue [Line Items]
Revenue	605		1,769
Home And Building Technologies [Member] | Building Products [Member]
Disaggregation Of Revenue [Line Items]
Revenue	519		1,556
Performance Materials And Technologies [Member]
Disaggregation Of Revenue [Line Items]
Revenue	2,640		7,872
Performance Materials And Technologies [Member] | UOP [Member]
Disaggregation Of Revenue [Line Items]
Revenue	722		2,012
Performance Materials And Technologies [Member] | Process Solutions [Member]
Disaggregation Of Revenue [Line Items]
Revenue	930		2,781
Performance Materials And Technologies [Member] | Smart Energy [Member]
Disaggregation Of Revenue [Line Items]
Revenue	295		931
Performance Materials And Technologies [Member] | Specialty Products [Member]
Disaggregation Of Revenue [Line Items]
Revenue	279		847
Performance Materials And Technologies [Member] | Fluorine Products [Member]
Disaggregation Of Revenue [Line Items]
Revenue	414		1,301
Safety And Productivity Solutions [Member]
Disaggregation Of Revenue [Line Items]
Revenue	1,575		4,640
Safety And Productivity Solutions [Member] | Safety and Retail [Member]
Disaggregation Of Revenue [Line Items]
Revenue	564		1,680
Safety And Productivity Solutions [Member] | Productivity Products [Member]
Disaggregation Of Revenue [Line Items]
Revenue	329		1,017
Safety And Productivity Solutions [Member] | Warehouse and Workflow Solutions [Member]
Disaggregation Of Revenue [Line Items]
Revenue	463		1,299
Safety And Productivity Solutions [Member] | Sensing & Internet-of-Things (IoT)
Disaggregation Of Revenue [Line Items]
Revenue	$ 219		$ 644

REVENUE RECOGNITION AND CONTR_5

REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS 3 (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Jan. 01, 2018
Change in Contract with Customer, Asset and Liability [Abstract]
Contract Assets	$ 1,689	$ 1,689	$ 1,721
Change in Contract Assets - Increase (Decrease)		(32)
Contract Liabilities	(3,165)	(3,165)	$ (2,973)
Change in Contract Liabilities - (Increase) Decrease		(192)
Net Change		(224)
Contract liability, revenue recognized	$ 122	$ 1,023

REVENUE RECOGNITION AND CONTR_6

REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS 4 (Details) $ in Millions	9 Months Ended
	Sep. 30, 2018USD ($)
Revenue Performance Obligation [Abstract]
Revenue Performance Obligation Description Of Timing	Performance obligations recognized as of September 30, 2018 will be satisfied over the course of future periods. Our disclosure of the timing for satisfying the performance obligation is based on the requirements of contracts with customers. However, from time to time, these contracts may be subject to modifications, impacting the timing of satisfying the performance obligations. Performance obligations expected to be satisfied within one year and greater than one year are 56% and 44%.
Revenue Performance Obligation Description Of Payment Terms	The timing of satisfaction of our performance obligations does not significantly vary from the typical timing of payment. Typical payment terms of our fixed-price over time contracts include progress payments based on specified events or milestones, or based on project progress. For some contracts we may be entitled to receive an advance payment.
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Performance obligation, amount	$ 24,468
Within One Year [Member]
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Performance obligation, percentage	56.00%
Greater Than One Year [Member]
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Performance obligation, percentage	44.00%
Aerospace [Member]
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Performance obligation, amount	$ 9,868
Home And Building Technologies [Member]
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Performance obligation, amount	6,500
Performance Materials And Technologies [Member]
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Performance obligation, amount	6,198
Safety And Productivity Solutions [Member]
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Performance obligation, amount	$ 1,902

ACCOUNTS RECEIVABLE - NET (Deta

ACCOUNTS RECEIVABLE - NET (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Accounts Receivable, Net Current [Abstract]
Trade	$ 8,813	$ 9,068
Less - Allowance for doubtful accounts	(245)	(202)
Accounts receivable, Net	8,568	8,866
Accounts Notes And Other Receivables Paragraph Details [Abstract]
Unbilled contract receivable	$ 1,685	$ 1,853

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Inventory Combining Work In Process And Raw Materials Alternative Gross Abstract
Raw materials	$ 1,334	$ 1,193
Work in process	860	790
Finished products	2,904	2,669
Inventory, Gross	5,098	4,652
Reduction to LIFO cost basis	(37)	(39)
Inventories	$ 5,061	$ 4,613

LONG-TERM DEBT AND CREDIT AGR_3

LONG-TERM DEBT AND CREDIT AGREEMENTS (Details) - USD ($)	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Total long-term debt, including current portion	$ 14,274,000,000	$ 13,924,000,000
Less current portion	(215,000,000)	(1,351,000,000)
Total Noncurrent Debt	14,059,000,000	12,573,000,000
Two Year Floating rate Euro notes due 2018 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 0	1,199,000,000
Maturity date of debt instrument	Feb. 22, 2018
1.40% notes due 2019 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 1,250,000,000	1,250,000,000
Various interest rates	1.40%
Maturity date of debt instrument	Oct. 30, 2019
Three year floating rate notes due 2019 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 250,000,000	250,000,000
Maturity date of debt instrument	Oct. 30, 2019
Two Year Floating Rate Notes Due 2019 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 450,000,000	450,000,000
Maturity date of debt instrument	Oct. 30, 2019
1.80% notes due 2019 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 750,000,000	750,000,000
Various interest rates	1.80%
Maturity date of debt instrument	Oct. 30, 2019
0.65% Euro notes due 2020 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 1,158,000,000	1,199,000,000
Various interest rates	0.65%
Maturity date of debt instrument	Feb. 21, 2020
4.25% notes due 2021 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 800,000,000	800,000,000
Various interest rates	4.25%
Maturity date of debt instrument	Mar. 1, 2021
1.85% notes due 2021 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 1,500,000,000	1,500,000,000
Various interest rates	1.85%
Maturity date of debt instrument	Nov. 1, 2021
1.30% Euro notes due 2023 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 1,448,000,000	1,499,000,000
Various interest rates	1.30%
Maturity date of debt instrument	Feb. 22, 2023
3.35% notes due 2023 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 300,000,000	300,000,000
Various interest rates	3.35%
Maturity date of debt instrument	Dec. 1, 2023
2.50% notes due 2026 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 1,500,000,000	1,500,000,000
Various interest rates	2.50%
Maturity date of debt instrument	Nov. 1, 2026
2.25% Euro notes due 2028 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 868,000,000	900,000,000
Various interest rates	2.25%
Maturity date of debt instrument	Feb. 22, 2028
5.70% notes due 2036 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 441,000,000	441,000,000
Various interest rates	5.70%
Maturity date of debt instrument	Mar. 15, 2036
5.70% notes due 2037 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 462,000,000	462,000,000
Various interest rates	5.70%
Maturity date of debt instrument	Mar. 13, 2037
5.375% notes due 2041 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 417,000,000	417,000,000
Various interest rates	5.375%
Maturity date of debt instrument	Mar. 1, 2041
3.812% notes due 2047 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 445,000,000	445,000,000
Various interest rates	3.812%
Maturity date of debt instrument	Nov. 21, 2047
Debt Instrument Description	On January 29, 2018, the Company completed an exchange offer for any and all of its outstanding 3.812% Notes due 2047, which had not been registered (“Unregistered Notes”) under the Securities Act of 1933, as amended (“Securities Act”) for an equal principal amount of new 3.812% Notes due 2047 which had been registered under the Securities Act (“Registered Notes”). 99.4% of the Unregistered Notes were exchanged for Registered Notes, representing 99.4% of the principal amount of the Company’s outstanding 3.812% Notes due 2047.
Exchange date of debt	Jan. 29, 2018
Principal amount of outstanding 3.812% Notes exchanged, percent	99.40%
Industrial development bond obligations, floating rate maturing at various dates through 2037 [Member]
Debt Instrument [Line Items]
Industrial development bond	$ 22,000,000	22,000,000
Maturity date of debt instrument	Dec. 31, 2037
6.625% debentures due 2028 [Member]
Debt Instrument [Line Items]
Debentures	$ 201,000,000	201,000,000
Various interest rates	6.625%
Maturity date of debt instrument	Jun. 15, 2028
9.065% debentures due 2033 [Member]
Debt Instrument [Line Items]
Debentures	$ 51,000,000	51,000,000
Various interest rates	9.065%
Maturity date of debt instrument	Jun. 1, 2033
Other (including capitalized leases and debt issuance costs), 5.0% weighted average maturing at various dates through 2025 [Member]
Debt Instrument [Line Items]
Other long term debt	$ 334,000,000	288,000,000
Maturity date of debt instrument	Dec. 31, 2025
Weighted average interest rate	5.20%
Garrett pre-separation funding [Member]
Debt Instrument [Line Items]
Total long-term debt, including current portion	$ 1,627,000,000	0
Proceeds from issuance of debt	1,604,000,000
Debt issuance costs	$ 35,000,000	0
Issuance date	Sep. 27, 2018
2.50% Euro term loan due 2023 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 387,000,000	0
Various interest rates	2.50%
Maturity date of debt instrument	Sep. 27, 2023
2.75% Euro term loan due 2025 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 440,000,000	0
Various interest rates	2.75%
Maturity date of debt instrument	Sep. 27, 2025
4.881% term loan due 2025 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 425,000,000	0
Various interest rates	4.881%
Maturity date of debt instrument	Sep. 27, 2025
5.125% Euro notes due 2026 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 410,000,000	0
Various interest rates	5.125%
Maturity date of debt instrument	Oct. 15, 2026
Debt excluding Garrett pre-separation funding [Member]
Debt Instrument [Line Items]
Total long-term debt, including current portion	$ 12,647,000,000	$ 13,924,000,000
Syndicate Of Banks [Member] | $1.5B 364-Day Credit Agreement [Member]
Line Of Credit Facility [Line Items]
Facility initiation date	Apr. 27, 2018
Facility expiration date	Apr. 26, 2019
Line of credit facility, current borrowing capacity	$ 1,500,000,000
Line of credit facility, maximum 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	Feb. 16, 2018
Facility expiration date	Feb. 15, 2019
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] | 5-Year Credit Agreement
Line Of Credit Facility [Line Items]
Facility initiation date	Apr. 27, 2018
Facility expiration date	Apr. 26, 2023
Line of credit facility, current borrowing capacity	$ 4,000,000,000
Line of credit facility, maximum borrowing capacity	4,500,000,000
Line of credit facility, remaining borrowing capacity	$ 4,000,000,000
Syndicate Of Banks [Member] | Prior Agreement
Line Of Credit Facility [Line Items]
Facility initiation date	Jul. 10, 2015
Facility expiration date	Apr. 27, 2018
Line of credit facility, current borrowing capacity	$ 4,000,000,000

FINANCIAL INSTRUMENTS AND FAI_3

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES (Details) - Fair Value Measurements Recurring [Member] - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Significant Observable Inputs (Level 2) | Foreign currency exchange contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Fair Value Of Derivative Asset	$ 44	$ 17
Derivative Fair Value Of Derivative Liability	19	70
Significant Observable Inputs (Level 2) | Interest rate swap agreements [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Fair Value Of Derivative Asset	13	44
Derivative Fair Value Of Derivative Liability	95	52
Fair Value Inputs Level 1 And Level 2 [Member] | Available for sale investments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments	$ 2,009	$ 3,916

FINANCIAL INSTRUMENTS AND FAI_4

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES 2 (Details) - Significant Observable Inputs (Level 2) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Carrying Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Long-term receivables	$ 332	$ 296
Long-term debt and related current maturities	14,274	13,924
Estimated Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Long-term receivables	319	289
Long-term debt and related current maturities	$ 14,768	$ 14,695

FINANCIAL INSTRUMENTS AND FAI_5

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES 3 (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Cash Flow Hedge Gain Loss Reclassified To Income Statement Locations Paragraph Details [Abstract]
Derivatives designated as hedges	$ (12)	$ (4)	$ (75)	$ (6)
Foreign Exchange Mark to Market income (expense)	$ 30	$ (76)	$ 245	$ (194)

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($)	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Accumulated Other Comprehensive Income Loss [Line Items]
Balance beginning of period December 31,	$ (2,235,000,000)	$ (2,714,000,000)
Other comprehensive income (loss) before reclassifications	123,000,000	(32,000,000)
Amounts reclassified from accumulated other comprehensive income	(13,000,000)	(94,000,000)
Net current period other comprehensive income (loss)	110,000,000	(126,000,000)
Balance end of period	(2,125,000,000)	(2,840,000,000)
Foreign Exchange Translation Adjustment [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Balance beginning of period December 31,	(1,981,000,000)	(1,944,000,000)
Other comprehensive income (loss) before reclassifications	61,000,000	112,000,000
Amounts reclassified from accumulated other comprehensive income	0	0
Net current period other comprehensive income (loss)	61,000,000	112,000,000
Balance end of period	(1,920,000,000)	(1,832,000,000)
Pension and Other Postretirement Benefits Adjustments [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Balance beginning of period December 31,	(202,000,000)	(879,000,000)
Other comprehensive income (loss) before reclassifications	35,000,000	(46,000,000)
Amounts reclassified from accumulated other comprehensive income	(53,000,000)	(42,000,000)
Net current period other comprehensive income (loss)	(18,000,000)	(88,000,000)
Balance end of period	(220,000,000)	(967,000,000)
Changes in Fair Value of Effective Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Balance beginning of period December 31,	(52,000,000)	109,000,000
Other comprehensive income (loss) before reclassifications	27,000,000	(98,000,000)
Amounts reclassified from accumulated other comprehensive income	40,000,000	(52,000,000)
Net current period other comprehensive income (loss)	67,000,000	(150,000,000)
Balance end of period	$ 15,000,000	$ (41,000,000)

SEGMENT FINANCIAL DATA (Details

SEGMENT FINANCIAL DATA (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting Information [Line Items]
Revenue	$ 10,762	$ 10,121	$ 32,073	$ 29,691
Total segment profit	2,090	1,895	6,230	5,594
Products [Member]
Segment Reporting Information [Line Items]
Revenue	8,477	8,052	25,414	23,671
Services [Member]
Segment Reporting Information [Line Items]
Revenue	2,285	2,069	6,659	6,020
Corporate Non Segment [Member]
Segment Reporting Information [Line Items]
Total segment profit	(53)	(82)	(181)	(210)
Aerospace [Member]
Segment Reporting Information [Line Items]
Revenue	4,030		12,065
Aerospace [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue	4,030	3,657	12,065	10,877
Total segment profit	891	780	2,702	2,395
Aerospace [Member] | Operating Segments [Member] | Products [Member]
Segment Reporting Information [Line Items]
Revenue	2,747	2,452	8,275	7,393
Aerospace [Member] | Operating Segments [Member] | Services [Member]
Segment Reporting Information [Line Items]
Revenue	1,283	1,205	3,790	3,484
Performance Materials And Technologies [Member]
Segment Reporting Information [Line Items]
Revenue	2,640		7,872
Performance Materials And Technologies [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue	2,640	2,571	7,872	7,485
Total segment profit	560	563	1,676	1,599
Performance Materials And Technologies [Member] | Operating Segments [Member] | Products [Member]
Segment Reporting Information [Line Items]
Revenue	2,089	2,140	6,346	6,181
Performance Materials And Technologies [Member] | Operating Segments [Member] | Services [Member]
Segment Reporting Information [Line Items]
Revenue	551	431	1,526	1,304
Home And Building Technologies [Member]
Segment Reporting Information [Line Items]
Revenue	2,517		7,496
Home And Building Technologies [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue	2,517	2,479	7,496	7,162
Total segment profit	430	421	1,273	1,189
Home And Building Technologies [Member] | Operating Segments [Member] | Products [Member]
Segment Reporting Information [Line Items]
Revenue	2,157	2,125	6,423	6,154
Home And Building Technologies [Member] | Operating Segments [Member] | Services [Member]
Segment Reporting Information [Line Items]
Revenue	360	354	1,073	1,008
Safety And Productivity Solutions [Member]
Segment Reporting Information [Line Items]
Revenue	1,575		4,640
Safety And Productivity Solutions [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue	1,575	1,414	4,640	4,167
Total segment profit	262	213	760	621
Safety And Productivity Solutions [Member] | Operating Segments [Member] | Products [Member]
Segment Reporting Information [Line Items]
Revenue	1,484	1,335	4,370	3,943
Safety And Productivity Solutions [Member] | Operating Segments [Member] | Services [Member]
Segment Reporting Information [Line Items]
Revenue	$ 91	$ 79	$ 270	$ 224

SEGMENT FINANCIAL DATA 2 (Detai

SEGMENT FINANCIAL DATA 2 (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)Segments	Sep. 30, 2017USD ($)
Reconciliation of segment profit to consolidated [Abstract]
Total segment profit	$ 2,090	$ 1,895	$ 6,230	$ 5,594
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Interest and other financial charges	(99)	(81)	(277)	(235)
Repositioning and other charges	(299)	(235)	(756)	(586)
Income before taxes	1,858	1,778	$ 5,767	5,283
Number Of Operating Segments | Segments			4
Material Reconciling Items [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Interest and other financial charges	(99)	(81)	$ (277)	(235)
Stock compensation expense	(41)	(39)	(131)	(133)
Repositioning and other charges	(299)	(235)	(756)	(586)
Other	(52)	49	(68)	81
Income before taxes	1,858	1,778	5,767	5,283
Material Reconciling Items [Member] | Pension [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Pension ongoing income	247	183	745	546
Material Reconciling Items [Member] | Other Postretirement [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Pension ongoing income	12	6	24	16
Corporate [Member]
Reconciliation of segment profit to consolidated [Abstract]
Total segment profit	(53)	(82)	(181)	(210)
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Repositioning and other charges	$ (190)	$ (94)	$ (445)	$ (246)

PENSION BENEFITS (Details)

PENSION BENEFITS (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Defined Benefit Plan Disclosure [Line Items]
Percentage of fixed income assets to total Pension Plan assets			50.00%
United States, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 35,000,000	$ 43,000,000	$ 105,000,000	$ 129,000,000
Interest cost	143,000,000	147,000,000	430,000,000	440,000,000
Expected return on plan assets	(357,000,000)	(316,000,000)	(1,071,000,000)	(946,000,000)
Amortization of prior service (credit)	(11,000,000)	(10,000,000)	(33,000,000)	(32,000,000)
Net periodic benefit (income)	(190,000,000)	(136,000,000)	(569,000,000)	(409,000,000)
Non-US, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	6,000,000	10,000,000	20,000,000	29,000,000
Interest cost	35,000,000	37,000,000	108,000,000	109,000,000
Expected return on plan assets	(108,000,000)	(104,000,000)	(336,000,000)	(305,000,000)
Amortization of prior service (credit)	0	(1,000,000)	(1,000,000)	(1,000,000)
Net periodic benefit (income)	$ (67,000,000)	$ (58,000,000)	$ (209,000,000)	$ (168,000,000)

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Dec. 31, 2017
Accrual For Environmental Loss Contingencies [RollForward]
Beginning of period	$ 595
Accruals for environmental matters deemed probable and reasonably estimable	334
Environmental liability payments	(133)
Other	(5)
End of period	791
Loss Contingency Classification of Accrual [Abstract]
Accrued liabilities		$ 201	$ 226
Other liabilities		590	369
Total environmental liabilities	$ 595	$ 791	$ 595

COMMITMENTS AND CONTINGENCIES 2

COMMITMENTS AND CONTINGENCIES 2 (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Asbestos Related Accounting Corrections [Abstract]
Deferred income taxes	$ 1,905,000,000		$ 1,905,000,000		$ 2,664,000,000
Cost of products and services sold	7,556,000,000	$ 7,054,000,000	22,361,000,000	$ 20,604,000,000
Services [Member]
Asbestos Related Accounting Corrections [Abstract]
Cost of products and services sold	1,429,000,000	1,259,000,000	4,127,000,000	3,622,000,000
Asbestos Related Liabilities [Member]
Asbestos Related Liabilities Disclosure [Abstract]
Asbestos Related Liabilities, Beginning of Period			2,610,000,000
Accrual for update to estimated liability			168,000,000
Asbestos related liability payments			(177,000,000)
Asbestos Related Liabilities, End of Period	2,601,000,000		2,601,000,000		2,610,000,000
Asbestos Related Liabilities Insurance Recoveries [Line Items]
Insurance Recoveries, beginning of period			503,000,000
Probable insurance recoveries related to estimated liability			10,000,000
Insurance receipts for asbestos related liabilities			(25,000,000)
Insurance receivables settlements			1,000,000
Insurance recoveries, end of period	489,000,000		$ 489,000,000		503,000,000
Asbestos Related Liabilities [Member] | Accounting Correction for Asbestos Related Liabilities [Member]
Asbestos Related Accounting Corrections [Abstract]
Change is asbestos related liabilities from prior estimate					1,087,000,000
Change is insurance recoveries from prior estimates					68,000,000
Deferred income taxes					245,000,000
Cumulative Effect On Retained Earnings Net Of Tax1					(774,000,000)
Restatement Of Prior Year Income Tax Effects		(2,000,000)		0
Restatement Of Prior Year Income Net Of Tax		(3,000,000)		(2,000,000)
Error Corrections And Prior Period Adjustments Description			In the third quarter of 2018, the Company revised its accounting to correct the time period associated with the determination of appropriate accruals for the legacy Bendix asbestos-related liability for unasserted claims. The prior accounting treatment applied a five-year time horizon; the revised treatment reflects the full term of epidemiological projections through 2059. Previously issued financial statements have been revised for this correction with the following effects: The Company’s revised estimated asbestos-related liabilities are now $2,610 million as of December 31, 2017, which is $1,087 million higher than the Company’s prior estimate. The Company’s Insurance recoveries for asbestos-related liabilities are estimated to be $503 million as of December 31, 2017, which is $68 million higher than the Company’s prior estimate. As of December 31, 2017, the net deferred income taxes impact was $245 million, with a decrease to liabilities and increase to assets, and the cumulative impact on Retained earnings was a decrease of $774 million. For the three and nine months ended September 30, 2017, Cost of services sold increased $5 million and $2 million, Tax expense decreased $2 million and $0 million, and Net income decreased $3 million and $2 million. This revision followed the Securities and Exchange Commission (SEC) Division of Corporation Finance review of our Annual Report on Form 10-K for 2017, which included review of our prior accounting for liability for unasserted Bendix-related asbestos claims. On September 13, 2018, following completion of Corporation Finance’s review, the SEC Division of Enforcement advised that it has opened an investigation related to this matter. Honeywell intends to provide requested information and otherwise fully cooperate with the SEC staff.
Asbestos Related Liabilities [Member] | Accounting Correction for Asbestos Related Liabilities [Member] | Services [Member]
Asbestos Related Accounting Corrections [Abstract]
Cost of products and services sold		$ 5,000,000		$ 2,000,000
Bendix Asbestos Loss Contingency Liability [Member]
Asbestos Related Liabilities Disclosure [Abstract]
Asbestos Related Liabilities, Beginning of Period			$ 1,703,000,000
Accrual for update to estimated liability			141,000,000
Asbestos related liability payments			(151,000,000)
Asbestos Related Liabilities, End of Period	1,693,000,000		1,693,000,000		1,703,000,000
Asbestos Related Liabilities Insurance Recoveries [Line Items]
Insurance Recoveries, beginning of period			191,000,000
Probable insurance recoveries related to estimated liability			10,000,000
Insurance receipts for asbestos related liabilities			(24,000,000)
Insurance receivables settlements			1,000,000
Insurance recoveries, end of period	178,000,000		178,000,000		191,000,000
Narco Asbestos Loss Contingency Liability [Member]
Asbestos Related Liabilities Disclosure [Abstract]
Asbestos Related Liabilities, Beginning of Period			907,000,000
Accrual for update to estimated liability			27,000,000
Asbestos related liability payments			(26,000,000)
Asbestos Related Liabilities, End of Period	908,000,000		908,000,000		907,000,000
Asbestos Related Liabilities Insurance Recoveries [Line Items]
Insurance Recoveries, beginning of period			312,000,000
Probable insurance recoveries related to estimated liability			0
Insurance receipts for asbestos related liabilities			(1,000,000)
Insurance receivables settlements			0
Insurance recoveries, end of period	$ 311,000,000		$ 311,000,000		$ 312,000,000

COMMITMENTS AND CONTINGENCIES 3

COMMITMENTS AND CONTINGENCIES 3 (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Loss Contingency, Narco and Bendix Asbestos Related Balances by Balance Sheet Caption [Line Items]
Insurance recoveries for asbestos related liabilities	$ 465	$ 479
Asbestos related liabilities	2,252	2,260
Asbestos Related Liabilities [Member]
Loss Contingency, Narco and Bendix Asbestos Related Balances by Balance Sheet Caption [Line Items]
Other current assets	24	24
Insurance recoveries for asbestos related liabilities	465	479
Total assets	489	503
Accrued liabilities	349	350
Asbestos related liabilities	2,252	2,260
Total liabilities	$ 2,601	$ 2,610

COMMITMENTS AND CONTINGENCIES 4

COMMITMENTS AND CONTINGENCIES 4 (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017	Dec. 31, 2006	Dec. 31, 2002
Asbestos Related Liabilities [Member]
Exceptions To Cap [Abstract]
Loss Contingency Receivable	$ 489	$ 503
Bendix Asbestos Loss Contingency Liability [Member]
Exceptions To Cap [Abstract]
Loss Contingency Receivable	178	191
Narco Asbestos Loss Contingency Liability [Member]
Loss Contingency By Nature Of Contingency [Line Items]
Change in NARCO Trust liability.			$ (207)
Settlement Payments	2,000
Estimated Liability	908			$ 3,200
Exceptions To Cap [Abstract]
Value Not Included In Cap	100
Loss Contingency Receivable	311	$ 312
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
Narco Asbestos Loss Contingency Liability [Member] | Year 2018 [Member]
Loss Contingency By Nature Of Contingency [Line Items]
Annual Trust Cap	140
Narco Asbestos Loss Contingency Liability [Member] | Year 2019 And Thereafter [Member]
Loss Contingency By Nature Of Contingency [Line Items]
Annual Trust Cap	145
Pre-bankruptcy NARCO Liability [Member]
Loss Contingency By Nature Of Contingency [Line Items]
Estimated Liability	165			2,200
NARCO Trust Liability [Member]
Loss Contingency By Nature Of Contingency [Line Items]
Estimated Liability	$ 743			950
Other NARCO bankruptcy-related obligations [Member]
Loss Contingency By Nature Of Contingency [Line Items]
Estimated Liability				$ 73

COMMITMENTS AND CONTINGENCIES 5

COMMITMENTS AND CONTINGENCIES 5 (Details) - Bendix Asbestos Loss Contingency Liability [Member] - claims	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017	Dec. 31, 2016
Loss Contingency Claims [Abstract]
Claims unresolved at the beginning of period	6,280	7,724	7,779
Claims filed during the period	1,895	2,645	2,830
Claims resolved during the period	(2,088)	(4,089)	(2,885)
Claims unresolved at the end of period	6,087	6,280	7,724

COMMITMENTS AND CONTINGENCIES 6

COMMITMENTS AND CONTINGENCIES 6 (Details) - Bendix Asbestos Loss Contingency Liability [Member] - claims	Sep. 30, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Loss Contingency Disease Distribution Of Unresolved Claims [Line Items]
Mesothelioma and other cancer claims	2,868	3,062	3,490
Nonmalignant claims	3,219	3,218	4,234
Total claims	6,087	6,280	7,724	7,779

COMMITMENTS AND CONTINGENCIES 7

COMMITMENTS AND CONTINGENCIES 7 (Details) - $ / claims	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Resolution Values Per Claim [Line Items]
Malignant claims	56,000	44,000	44,000	53,500	51,000
Nonmalignant claims	2,800	4,485	100	120	850

COMMITMENTS AND CONTINGENCIES 8

COMMITMENTS AND CONTINGENCIES 8 (Details) - United Auto Workers [Member] $ in Millions	3 Months Ended
	Sep. 30, 2018USD ($)
Other Matters Paragraph Details [Line Items]
Actions taken by Honeywell	Honeywell has appealed the District Court’s ruling on this “full premium” damages issue, and believes that the Sixth Circuit Court of Appeals will reverse the District Court on that issue.
Minimum Member]
Other Matters Paragraph Details [Line Items]
Loss Contingency Damages Awarded Value	$ 12

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - Garrett Motion Inc. (Formerly Transportation Systems) $ in Millions	9 Months Ended
	Sep. 30, 2018USD ($)shares
Subsequent Event [Line Items]
Spinoff Activities Description	On October 1, 2018 the Company completed the spin-off of its Transportation Systems business, part of Aerospace, into a standalone, publicly-traded company, Garrett Motion Inc., to Honeywell shareowners. Since the effective date of the spin-off falls within the fiscal fourth quarter, the assets and liabilities associated with Garrett have been included with the Company’s third quarter Consolidated Balance Sheet. The results of operations for Garrett are included in the Consolidated Statement of Operations and Consolidated Statement of Cash Flows through the effective date of the spin-off. The Company entered into certain agreements with Garret to affect our legal and structural separation including a transition services agreement with Garrett to provide certain administrative and other services for a limited time. The Company also entered into an Indemnification and Reimbursement Agreement with a Garrett subsidiary, pursuant to which Garrett’s subsidiary will have an obligation to make cash payments to Honeywell in amounts equal to (i) 90% of Honeywell’s asbestos-related liability payments primarily related to the Bendix business in the United States, as well as certain environmental-related liability payments and accounts payable and non-United States asbestos-related liability payments, in each case related to legacy elements of the Garrett business, including the legal costs of defending and resolving such liabilities, less (ii) 90% of Honeywell’s net insurance receipts and, as may be applicable, certain other recoveries associated with such liabilities. The amount payable to Honeywell in respect of such liabilities arising in any given year will be subject to a cap, payable in the Euro equivalent of approximately $175 million using a fixed exchange rate determined just prior to spinoff. The obligation will continue until the earlier of December 31, 2048, or December 31 of the third consecutive year during which the annual indemnification obligation has been less than the Euro equivalent, at the fixed exchange rate, of $25 million.   Honeywell shareowners of record as of the close of business on September 18, 2018 received one share of Garrett common stock for every 10 shares of Honeywell common stock on the distribution date of October 1, 2018. Immediately prior to the effective date of the spin-off, subsidiaries of Garrett incurred debt to make a cash distribution of approximately $1.6 billion to the Company.
Spinoff Activities Completion Date	Oct. 1, 2018
Spinoff Transaction Share Conversion | shares	0.1
Pre-spin Borrowing	$ 1,600
Indemnification Guarantee [Member]
Subsequent Event [Line Items]
Description Of Indemnification Agreement	The Company also entered into an Indemnification and Reimbursement Agreement with a Garrett subsidiary, pursuant to which Garrett’s subsidiary will have an obligation to make cash payments to Honeywell in amounts equal to (i) 90% of Honeywell’s asbestos-related liability payments primarily related to the Bendix business in the United States, as well as certain environmental-related liability payments and accounts payable and non-United States asbestos-related liability payments, in each case related to legacy elements of the Garrett business, including the legal costs of defending and resolving such liabilities, less (ii) 90% of Honeywell’s net insurance receipts and, as may be applicable, certain other recoveries associated with such liabilities. The amount payable to Honeywell in respect of such liabilities arising in any given year will be subject to a cap, payable in the Euro equivalent of approximately $175 million using a fixed exchange rate determined just prior to spinoff. The obligation will continue until the earlier of December 31, 2048, or December 31 of the third consecutive year during which the annual indemnification obligation has been less than the Euro equivalent, at the fixed exchange rate, of $25 million.
Description Of Indemnification Agreement Time Period	The obligation will continue until the earlier of December 31, 2048, or December 31 of the third consecutive year during which the annual indemnification obligation has been less than the Euro equivalent, at the fixed exchange rate, of $25 million
Loss Contingency Indemnification Obligation Time Period Condition Amount	$ 25
Indemnification Guarantee [Member] | Maximum [Member]
Subsequent Event [Line Items]
Loss Contingency Receivable	$ 175