v3.25.3
CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Net sales $ 10,408 $ 9,728 $ 30,582 $ 28,410
Costs, expenses and other        
Cost of products and services sold 6,861 5,979 19,227 17,418
Research and development expenses 497 368 1,417 1,110
Selling, general and administrative expenses 1,296 1,398 4,085 4,061
Impairment of assets held for sale 0 125 15 125
Other (income) expense (822) (263) (1,109) (740)
Interest and other financial charges 354 297 970 767
Total costs, expenses and other 8,186 7,904 24,605 22,741
Income before taxes 2,222 1,824 5,977 5,669
Tax expense 363 409 1,082 1,219
Net income 1,859 1,415 4,895 4,450
Less: Net income attributable to noncontrolling interest 34 2 51 30
Net income attributable to Honeywell $ 1,825 $ 1,413 $ 4,844 $ 4,420
Earnings per share of common stock - basic (in dollars per share) $ 2.87 $ 2.17 $ 7.57 $ 6.79
Earnings per share of common stock - assuming dilution (in dollars per share) $ 2.86 $ 2.16 $ 7.52 $ 6.75
Product        
Net sales $ 7,086 $ 6,590 $ 20,850 $ 19,330
Costs, expenses and other        
Cost of products and services sold 4,734 4,166 13,533 12,448
Service        
Net sales 3,322 3,138 9,732 9,080
Costs, expenses and other        
Cost of products and services sold $ 2,127 $ 1,813 $ 5,694 $ 4,970