CONSOLIDATED STATEMENT OF OPERATIONS (USD $)
|
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
|
Consolidated Statement of Operations | ||||
Product sales | $ 7,332,000,000 | $ 7,308,000,000 | $ 22,184,000,000 | $ 21,267,000,000 |
Service sales | 2,010,000,000 | 1,990,000,000 | 5,900,000,000 | 5,789,000,000 |
Net sales | 9,342,000,000 | 9,298,000,000 | 28,084,000,000 | 27,056,000,000 |
Costs, expenses and other | ||||
Cost of products sold | 5,474,000,000 | 5,739,000,000 | 16,627,000,000 | 16,358,000,000 |
Cost of services sold | 1,334,000,000 | 1,294,000,000 | 3,983,000,000 | 3,763,000,000 |
Cost of products and services sold | 6,808,000,000 | 7,033,000,000 | 20,610,000,000 | 20,121,000,000 |
Selling, general and administrative expenses | 1,238,000,000 | 1,303,000,000 | 3,695,000,000 | 3,783,000,000 |
Other (income) expense | (16,000,000) | (21,000,000) | (54,000,000) | (72,000,000) |
Interest and other financial charges | 88,000,000 | 90,000,000 | 264,000,000 | 285,000,000 |
Total operating and non-operating expenses | 8,118,000,000 | 8,405,000,000 | 24,515,000,000 | 24,117,000,000 |
Income from continuing operations before taxes | 1,224,000,000 | 893,000,000 | 3,569,000,000 | 2,939,000,000 |
Tax expense | 278,000,000 | 207,000,000 | 893,000,000 | 767,000,000 |
Income from continuing operations after taxes | 946,000,000 | 686,000,000 | 2,676,000,000 | 2,172,000,000 |
Income from discontinued operations after taxes | 0 | 177,000,000 | 0 | 209,000,000 |
Net income | 946,000,000 | 863,000,000 | 2,676,000,000 | 2,381,000,000 |
Less: Net (loss) income attributable to the noncontrolling interest | (4,000,000) | 1,000,000 | 1,000,000 | 4,000,000 |
Net income attributable to Honeywell | 950,000,000 | 862,000,000 | 2,675,000,000 | 2,377,000,000 |
Amounts attributable to Honeywell | ||||
Income from continuing operations less net income attributable to the noncontrolling interest | 950,000,000 | 685,000,000 | 2,675,000,000 | 2,168,000,000 |
Income from discontinued operations | 0 | 177,000,000 | 0 | 209,000,000 |
Net income attributable to Honeywell | $ 950,000,000 | $ 862,000,000 | $ 2,675,000,000 | $ 2,377,000,000 |
Earnings per share continuing operations - basic: | $ 1.21 | $ 0.88 | $ 3.43 | $ 2.77 |
Earnings per share discontinued operations - basic: | $ 0 | $ 0.23 | $ 0 | $ 0.27 |
Earnings per share: Basic | $ 1.21 | $ 1.11 | $ 3.43 | $ 3.04 |
Earnings per share continuing operations - assuming dilution: | $ 1.20 | $ 0.87 | $ 3.38 | $ 2.73 |
Earnings per share discontinued operations - assuming dilution: | $ 0 | $ 0.23 | $ 0 | $ 0.26 |
Earnings per share - Assuming dilution | $ 1.20 | $ 1.10 | $ 3.38 | $ 2.99 |
Cash dividends per share of common stock | $ 0.3725 | $ 0.3325 | $ 1.1175 | $ 0.9975 |
X | ||||||||||
- Definition
Total cost of sales, operating, and non-operating expenses. No definition available.
|
X | ||||||||||
- Definition
Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Total costs related to services rendered by an entity during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of income (loss) from a disposal group, net of income tax, reported as a separate component of income before extraordinary items after deduction or consideration of the amount allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) derived from discontinued operations during the period, net of related tax effect, per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income or loss derived from discontinued operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Interest and debt related expenses associated with nonoperating financing activities of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Aggregate revenue during the period from services rendered in the normal course of business, after deducting allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|