SUPPLEMENTAL CASH FLOW INFORMATION (Tables)

12 Months Ended

Dec. 31, 2021

Supplemental Cash Flow Information [Abstract]

Supplemental Cash Flow Information

	Years Ended December 31,
	2021			2020			2019
Net payments for repositioning and other charges:
Severance and exit cost payments		$	(382)		$	(564)		$	(249)
Environmental payments		(210)			(216)			(256)
Reimbursement receipts		140			176			292
Insurance receipts for asbestos related liabilities		46			58			68
Asbestos related liability payments		(286)			(287)			(231)
		$	(692)		$	(833)		$	(376)
Interest paid, net of amounts capitalized		$	339		$	329		$	344
Income taxes paid, net of refunds		1,202			1,173			1,564
Non-cash investing and financing activities:
Common stock contributed to savings plans		191			211			159
Marketable securities contributed to non-U.S. pension plans		81			93			—
Impact of Quantinuum contribution(1)		460			—			—
Noncontrolling interest non-cash contribution(1)		419			—			—
Loan in exchange for prepaid assets		25			—			—
Receipt of Garrett Series B Preferred Stock(2)		577			—			—

(1)See Note 2 Acquisitions and Divestitures for additional information for non-cash amounts recognized related to the combination of Honeywell Quantum Solutions and Cambridge Quantum Computing to form Quantinuum, a newly formed entity, Honeywell consolidates as the controlling majority-owner.

(2)See Note 19 Commitments and Contingencies for additional information for non-cash amounts recognized related to the receipt of 834.8 million shares of Garrett Series B Preferred Stock in exchange for the full and final satisfaction of the Garrett Indemnity, Tax Matters Agreement and pending litigation between the Company and Garrett. The non-cash amount reflects the fair value of the Garrett Series B Preferred Stock as of April 30, 2021, the date Garrett issued the Series B Preferred Stock to the Company. See Note 12 for additional information for the fair value determination of the Garrett Series B Preferred Stock.