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SEGMENT FINANCIAL DATA
 9 Months Ended
Sep. 30, 2012
Segment Financial Data [Abstract]  
Segment Financial Data

Note 13. Segment Financial Data

 

Honeywell's senior management evaluates segment performance based on segment profit. Segment profit is measured as business unit income (loss) before taxes excluding general corporate unallocated expense, other income (expense), interest and other financial charges, pension and other postretirement benefits (expense), stock compensation expense, repositioning and other charges and accounting changes.

   Three Months Ended  Nine Months Ended
   September 30,  September 30,
   2012 2011  2012 2011
Net Sales          
Aerospace          
Products $ 1,733$ 1,660 $ 5,188$ 4,685
Services   1,310  1,262   3,832  3,743
Total   3,043  2,922   9,020  8,428
Automation and Control Solutions          
Products   3,392  3,388   10,050  9,855
Services   566  560   1,658  1,629
Total   3,958  3,948   11,708  11,484
Performance Materials and Technologies          
Products   1,344  1,300   4,229  3,812
Services   134  168   410  417
Total   1,478  1,468   4,639  4,229
Transportation Systems          
Products   863  960   2,717  2,915
Services   -  -   -  -
Total   863  960   2,717  2,915
Corporate          
Products   -  -   -  -
Services   -  -   -  -
Total   -  -   -  -
  $ 9,342$ 9,298 $ 28,084$ 27,056
           
Segment Profit          
Aerospace $ 582$ 532 $ 1,678$ 1,450
Automation and Control Solutions   571  544   1,587  1,499
Performance Materials and Technologies   275  254   944  819
Transportation Systems   104  121   338  368
Corporate   (57)  (84)   (164)  (208)
Total Segment Profit   1,475  1,367   4,383  3,928
           
Other income(a)   4  8   18  36
Interest and other financial charges   (88)  (90)   (264)  (285)
Stock compensation expense(b)   (40)  (38)   (131)  (129)
Pension ongoing expense(b)   (7)  (26)   (29)  (83)
Other postretirement income/(expense)(b)   (20)  82   (52)  109
Repositioning and other charges (b)   (100)  (410)   (356)  (637)
Income from continuing operations before taxes $ 1,224$ 893 $ 3,569$ 2,939
           
(a) Equity income/(loss) of affiliated companies is included in Segment Profit.
           
(b) Amounts included in cost of products and services sold and selling, general and administrative expenses.