Comprehensive Income(Loss)

6 Months Ended

Jun. 30, 2011

Comprehensive Income Loss [Abstract]

Note 12. Comprehensive Income/(Loss)

Comprehensive income/(loss) consists of the following:

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2011		2010		2011		2010

Net income	$	810	$	574	$	1,518	$	1,070

Foreign exchange translation adjustments		116		(421)		507		(705)
Pension and postretirement benefit adjustments		4		(139)		7		(128)
Change in fair value of effective cash flow hedges		3		(6)		9		1
Change in unrealized gains on available for sale
investments^(a)		28		(21)		8		28
		961		(13)		2,049		266
Less: Comprehensive Income/(Loss) attributable to
noncontrolling interest^(b)		-		9		3		16

Comprehensive Income/(Loss) attributable to
Honeywell	$	961	$	(22)	$	2,046	$	250

(a) Includes reclassification adjustment for losses included in net income.

(b) Comprehensive Income/(Loss) attributable to noncontrolling interest consisted predominately of net income.


Changes in Noncontrolling Interest consist of the following:

December 31, 2010	$	121
Comprehensive Income/(Loss)
attributable to noncontrolling interest		3
Acquisitions		(1)
Dividends paid		(10)
Other owner changes		(1)

June 30, 2011	$	112

In the six months ended June 30, 2011 there were no increases or decreases to Honeywell additional paid in capital for purchases or sales of existing noncontrolling interests

- Definition

This label may include the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains and losses on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains and losses on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains and losses on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain or loss and net prior service cost or credit for pension plans and other postretirement benefit plans.

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