v3.25.2
PENSION BENEFITS
 6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
PENSION BENEFITS PENSION BENEFITS
Net periodic pension benefit (income) cost for the Company's significant pension plans included the following components:
U.S. Plans
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Service cost$7 $7 $14 $14 
Interest cost147 149 294 299 
Expected return on plan assets(289)(281)(578)(562)
Amortization of prior service (credit) cost— (2)— (4)
Net periodic benefit (income) cost$(135)$(127)$(270)$(253)
Non-U.S. Plans
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Service cost$1 $3 $2 $6 
Interest cost45 47 92 94 
Expected return on plan assets(69)(74)(142)(148)
Recognition of actuarial (gains) losses— — 14 — 
Settlements and curtailments 68 — 68 — 
Net periodic benefit (income) cost$45 $(24)$34 $(48)
The Company repurchased $100 million and $300 million of outstanding Honeywell shares of common stock from the Honeywell U.S. Pension Plan Master Trust during the three and six months ended June 30, 2025, respectively. The Company completed no repurchases of outstanding Honeywell shares of common stock from the Honeywell U.S. Pension Plan Master Trust during the six months ended June 30, 2024.