Below are the financial statements of Honeywell International, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Product sales | 26,279a | 25,773a | 25,960a |
| Service sales | 12,219a | 10,889a | 9,506a |
| Net sales | 38,498a | 36,662a | 35,466a |
| Costs, expenses and other | — | — | — |
| Cost of products sold | -17,227a | -16,977a | -16,955a |
| Cost of services sold | -6,609a | -6,018a | -5,392a |
| Total cost of products and services sold | -23,836a | -22,995a | -22,347a |
| Research and development expenses | -1,536a | -1,456a | -1,478a |
| Selling, general and administrative expenses | -5,466a | -5,127a | -5,214a |
| Impairment of assets held for sale | -219a | 0a | 0a |
| Other (income) expense | -830a | -840a | -366a |
| Interest and other financial charges | -1,058a | -765a | -414a |
| Total costs, expenses and other | 31,285a | 29,503a | 29,087a |
| Income before taxes | 7,213a | 7,159a | 6,379a |
| Tax expense | -1,473a | -1,487a | -1,412a |
| Net income | 5,740a | 5,672a | 4,967a |
| Less: Net income attributable to noncontrolling interest | 35a | 14a | 1a |
| Net income attributable to Honeywell | 5,705a | 5,658a | 4,966a |
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