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CONSOLIDATED BALANCE SHEET (unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 6,869 $ 9,627
Short-term investments 371 483
Accounts receivable, less allowances of $336 and $326, respectively 7,862 7,440
Inventories 5,776 5,538
Other current assets 1,632 1,894
Total current assets 22,510 24,982
Investments and long-term receivables 905 945
Property, plant and equipment—net 5,472 5,471
Goodwill 17,587 17,497
Other intangible assets—net 3,168 3,222
Insurance recoveries for asbestos-related liabilities 239 224
Deferred income taxes 383 421
Other assets 9,619 9,513
Total assets 59,883 62,275
Current liabilities    
Accounts payable 6,443 6,329
Commercial paper and other short-term borrowings 3,555 2,717
Current maturities of long-term debt 937 1,730
Accrued liabilities 6,961 9,162
Total current liabilities 17,896 19,938
Long-term debt 14,670 15,123
Deferred income taxes 2,303 2,093
Postretirement benefit obligations other than pensions 137 146
Asbestos-related liabilities 1,154 1,180
Other liabilities 6,201 6,469
Redeemable noncontrolling interest 7 7
SHAREOWNERS’ EQUITY    
Capital—common stock issued 958 958
Capital - additional paid in capital 8,774 8,564
Common stock held in treasury, at cost (35,072) (34,443)
Accumulated other comprehensive loss (3,538) (3,475)
Retained earnings 45,797 45,093
Total Honeywell shareowners’ equity 16,919 16,697
Noncontrolling interest 596 622
Total shareowners’ equity 17,515 17,319
Total liabilities, redeemable noncontrolling interest and shareowners’ equity $ 59,883 $ 62,275