NONCONTROLLING INTEREST

9 Months Ended

Sep. 30, 2012

Note 12. Noncontrolling Interest

Changes in noncontrolling interest consist of the following:
		Nine Months Ended
		September 30,
		2012	2011

Balance beginning of period, December 31	$	96	121
Comprehensive income attributable to noncontrolling interest		1	3
Dividends paid		(9)	(14)
Other owner changes		(1)	(5)

Balance end of period, September 30	$	87	105

In the nine months ended September 30, 2012 there were no increases or decreases to Honeywell additional paid in capital for purchases or sales of existing noncontrolling interests.

In the nine months ended September 30, 2011, there was a $2 million decrease to Honeywell additional paid in capital for purchases of existing noncontrolling interests.

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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