XML 66 R24.htm IDEA: XBRL DOCUMENT v3.20.1
REPOSITIONING AND OTHER CHARGES (Tables)
 3 Months Ended
Mar. 31, 2020
Restructuring and Related Activities [Abstract]  
Repositioning and other charges
A summary of repositioning and other charges follows:
 
Three Months Ended March 31,
 
2020
 
2019
Severance
$
66

 
$
31

Asset impairments
2

 
11

Exit costs
15

 
18

Reserve adjustments
(13
)
 
(2
)
Total net repositioning charge
70

 
58

Asbestos related litigation charges, net of insurance and reimbursements
11

 
11

Probable and reasonably estimable environmental liabilities, net of reimbursements
8

 
14

Other
(27
)
 
1

Total net repositioning and other charges
$
62

 
$
84
Pretax distribution of total net repositioning and other charges by income statement classification
The following table summarizes the pretax distribution of total net repositioning and other charges by classification:
 
Three Months Ended March 31,
 
2020
 
2019
Cost of products and services sold
$
20

 
$
55

Selling, general and administrative expenses
42

 
29

Other (income) expense
—

 
—

 
$
62

 
$
84
Pretax Impact of Total Net Repositioning and Other Charges by Segment
The following table summarizes the pretax impact of total net repositioning and other charges by segment:
 
Three Months Ended March 31,
 
2020
 
2019
Aerospace
$
11

 
$
16

Honeywell Building Technologies
25

 
8

Performance Materials and Technologies
21

 
(1
)
Safety and Productivity Solutions
6

 
5

Corporate
(1
)
 
56

 
$
62

 
$
84
Total Repositioning Reserves
The following table summarizes the status of our total repositioning reserves:
 
Severance
Costs
 
Asset
Impairments
 
Exit
Costs
 
Total
December 31, 2019
$
555

 
$
—

 
$
96

 
$
651

Charges
66

 
2

 
15

 
83

Usage - cash
(70
)
 
—

 
(18
)
 
(88
)
Usage - noncash
—

 
(2
)
 
—

 
(2
)
Foreign currency translation
(6
)
 
—

 
—

 
(6
)
Adjustments
(12
)
 
—

 
(1
)
 
(13
)
March 31, 2020
$
533

 
$
—

 
$
92

 
$
625