XML 97 R32.htm IDEA: XBRL DOCUMENT v3.22.4
SUPPLEMENTAL CASH FLOW INFORMATION
12 Months Ended
Dec. 31, 2022
Supplemental Cash Flow Information [Abstract]  
SUPPLEMENTAL CASH FLOW INFORMATION SUPPLEMENTAL CASH FLOW INFORMATION
 Years Ended December 31,
202220212020
Net payments for repositioning and other charges:
Severance and exit cost payments$(275)$(382)$(564)
Environmental payments(211)(210)(216)
Reimbursement receipts140 140 176 
Insurance receipts for asbestos-related liabilities37 46 58 
Insurance receivables settlements and write-offs68 — — 
Asbestos-related liability payments(271)(286)(287)
$(512)$(692)$(833)
Interest paid, net of amounts capitalized$375 $339 $329 
Income taxes paid, net of refunds1,324 1,202 1,173 
Non-cash investing and financing activities:
Common stock contributed to savings plans196 191 211 
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 Notes 12 Fair Value Measurements and 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.