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SEGMENT FINANCIAL DATA
6 Months Ended
Jun. 30, 2013
Segment Financial Data [Abstract]  
Segment Financial Data

Note 15. 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 income (expense), stock compensation expense, repositioning and other charges and accounting changes.

  Three Months Ended  Six Months Ended
  June 30,  June 30,
  2013  2012  2013  2012
Net Sales           
Aerospace           
Products$ 1,767 $ 1,750 $ 3,473 $ 3,455
Services  1,230   1,277   2,435   2,522
Total  2,997   3,027   5,908   5,977
Automation and Control Solutions           
Products  3,467   3,407   6,706   6,658
Services  598   555   1,145   1,092
Total  4,065   3,962   7,851   7,750
Performance Materials and Technologies           
Products  1,563   1,418   3,178   2,885
Services  121   128   223   276
Total  1,684   1,546   3,401   3,161
Transportation Systems           
Products  947   900   1,861   1,854
Services  -    -    -    -
Total  947   900   1,861   1,854
 $ 9,693 $ 9,435 $ 19,021 $ 18,742
            
Segment Profit           
Aerospace$ 583 $ 562 $ 1,134 $ 1,096
Automation and Control Solutions  585   525   1,108   1,016
Performance Materials and Technologies  320   350   694   669
Transportation Systems  126   114   237   234
Corporate  (55)   (58)   (106)   (107)
Total segment profit  1,559   1,493   3,067   2,908
            
Other income (expense)(a)  13   9   32   14
Interest and other financial charges  (80)   (87)   (164)   (176)
Stock compensation expense(b)  (37)   (40)   (91)   (91)
Pension ongoing income (expense)(b)  25   (9)   46   (22)
Other postretirement income (expense)(b)  20   (9)   (2)   (32)
Repositioning and other charges (b)  (171)   (134)   (299)   (256)
Income before taxes$ 1,329 $ 1,223 $ 2,589 $ 2,345
            
(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.