v3.25.3
PENSION BENEFITS
9 Months Ended
Sep. 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 September 30,Nine Months Ended September 30,
2025202420252024
Service cost$$$21 $21 
Interest cost147 150 441 449 
Expected return on plan assets(289)(282)(867)(844)
Amortization of prior service (credit) cost— (1)— (5)
Net periodic benefit (income) cost$(135)$(126)$(405)$(379)
Non-U.S. Plans
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Service cost$$$$
Interest cost46 49 138 143 
Expected return on plan assets(69)(78)(211)(226)
Recognition of actuarial (gains) losses— — 14 — 
Settlements and curtailments — — 68 — 
Net periodic benefit (income) cost$(22)$(26)$12 $(74)
The Company repurchased $100 million and $400 million of outstanding Honeywell shares of common stock from the Honeywell U.S. Pension Plan Master Trust during the three and nine months ended September 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 nine months ended September 30, 2024.