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REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS (Tables)
3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block] See the following table and related discussions by operating segment for details.
 
Three Months Ended March 31,
 
2020
 
2019
Aerospace
 
 
 
Commercial Aviation Original Equipment
$
672

 
$
759

Commercial Aviation Aftermarket
1,380

 
1,361

Defense and Space
1,309

 
1,221

 
3,361

 
3,341

Honeywell Building Technologies
 
 
 
Products
748

 
810

Building Solutions
533

 
579

 
1,281

 
1,389

Performance Materials and Technologies
 
 
 
UOP
594

 
610

Process Solutions
1,151

 
1,246

Specialty Products
253

 
269

Fluorine Products
399

 
447

 
2,397

 
2,572

Safety and Productivity Solutions
 
 
 
Safety and Retail
502

 
538

Productivity Products
251

 
271

Warehouse and Workflow Solutions
494

 
558

Sensing & Internet-of-Things (IoT)
177

 
215

 
1,424

 
1,582

Net sales
$
8,463

 
$
8,884


The disaggregation of our revenue based off timing of recognition is as follows:
 
Three Months Ended March 31,
 
2020
 
2019
Products, transferred point in time
61
%
 
61
%
Products, transferred over time
14

 
15

Net product sales
75

 
76

Services, transferred point in time
9

 
9

Services, transferred over time
16

 
15

Net service sales
25

 
24

Net sales
100
%
 
100
%

Contract with Customer Asset and Liability [Table Text Block]
The following table summarizes the Company's contract assets and liabilities balances: 
 
2020
 
2019
Contract assets - January 1
$
1,602

 
$
1,548

Contract assets - March 31
1,699

 
1,700

Change in contract assets - increase (decrease)
$
97

 
$
152

 
 
 
 
Contract liabilities - January 1
$
(3,501
)
 
$
(3,378
)
Contract liabilities - March 31
(3,506
)
 
(3,426
)
Change in contract liabilities - decrease (increase)
$
(5
)
 
$
(48
)
 
 
 
 
Net change
$
92

 
$
104


Revenue Remaining Performance Obligation Expected Timing of Satisfaction [Table Text Block]
The following table outlines the Company's remaining performance obligations disaggregated by segment: 
 
March 31, 2020
Aerospace
$
10,849

Honeywell Building Technologies
5,146

Performance Materials and Technologies
6,686

Safety and Productivity Solutions
2,603

 
$
25,284