v3.26.1
CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Net sales [1] $ 9,719 $ 9,322 $ 18,862 $ 18,247
Costs, expenses and other        
Total Cost of products and services sold [1] 6,066 5,658 11,670 11,121
Research and development expenses [1] 524 459 1,016 875
Selling, general and administrative expenses [1] 1,344 1,362 2,654 2,672
Impairment of assets held for sale [1] 48 0 311 15
Loss on debt extinguishment [1] 2 0 241 0
Gain on deconsolidation of subsidiary [1] (6,629) 0 (6,629) 0
Other (income) expense [1] 472 (113) 465 (342)
Interest and other financial charges [1] 363 329 719 614
Total costs, expenses and other [1] 2,190 7,695 10,447 14,955
Income from continuing operations before taxes and equity losses [1] 7,529 1,627 8,415 3,292
Tax expense [1] 1,578 244 1,669 613
Equity loss [1] 265 0 265 0
Net income from continuing operations [1] 5,686 1,383 6,481 2,679
Net income from discontinued operations [1] 0 186 0 357
Net income [1] 5,686 1,569 6,481 3,036
Less: Net income (loss) attributable to noncontrolling interest [1] 4 (1) (22) 17
Net income attributable to Honeywell Technologies [1] $ 5,682 $ 1,570 $ 6,503 $ 3,019
Earnings per share of common stock—basic:        
Earnings per share of common stock from continuing operations—basic (in dollars per share) [1] $ 17.92 $ 4.35 $ 20.50 $ 8.31
Earnings per share of common stock from discontinued operations—basic (in dollars per share) [1] 0 0.57 0 1.08
Total earnings per share of common stock—basic (in dollars per share) [1] 17.92 4.92 20.50 9.39
Assuming Dilution        
Earnings per share of common stock from continuing operations—assuming dilution (in dollars per share) [1] 17.83 4.33 20.39 8.26
Earnings per share of common stock from discontinued operations—assuming dilution (in dollars per share) [1] 0 0.57 0 1.08
Total earnings per share of common stock—assuming dilution (in dollars per share) [1] $ 17.83 $ 4.90 $ 20.39 $ 9.34
Product        
Net sales [1] $ 6,374 $ 6,177 $ 12,241 $ 11,984
Costs, expenses and other        
Total Cost of products and services sold [1] 4,205 3,947 8,068 7,670
Service        
Net sales [1] 3,345 3,145 6,621 6,263
Costs, expenses and other        
Total Cost of products and services sold [1] $ 1,861 $ 1,711 $ 3,602 $ 3,451
[1]
All share and per share amounts have been retrospectively adjusted to reflect the Reverse Stock Split. See Note 1 Basis of Presentation for additional information.