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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 2,368,000,000 $ 2,162,000,000
Less: Net income attributable to the noncontrolling interest 58,000,000 46,000,000
Net income attributable to Honeywell 2,310,000,000 2,116,000,000
Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities:    
Depreciation 335,000,000 333,000,000
Amortization 107,000,000 138,000,000
Loss on sale of non-strategic businesses and assets 0 10,000,000
Gain on sale of available for sale investments 0 (105,000,000)
Repositioning and other charges 260,000,000 331,000,000
Net payments for repositioning and other charges (215,000,000) (134,000,000)
Pension and other postretirement income (183,000,000) (100,000,000)
Pension and other postretirement benefit payments (48,000,000) (85,000,000)
Stock compensation expense 91,000,000 102,000,000
Deferred income taxes 126,000,000 68,000,000
Excess tax benefits from share based payment arrangements (56,000,000) (49,000,000)
Other 103,000,000 67,000,000
Changes in assets and liabilities, net of the effects of acquisitions and divestitures:    
Accounts, notes and other receivables (250,000,000) (425,000,000)
Inventories (25,000,000) (222,000,000)
Other current assets (38,000,000) 132,000,000
Accounts payable (24,000,000) 100,000,000
Accrued liabilities (664,000,000) (248,000,000)
Net cash provided by operating activities 1,829,000,000 2,029,000,000
Cash flows from investing activities:    
Expenditures for property, plant and equipment (408,000,000) (421,000,000)
Proceeds from disposals of property, plant and equipment 3,000,000 11,000,000
Increase in investments (3,866,000,000) (1,724,000,000)
Decrease in investments 2,059,000,000 943,000,000
Cash paid for acquisitions, net of cash acquired (185,000,000) (2,000,000)
Proceeds from sales of businesses, net of fees paid 2,000,000 1,000,000
Other (150,000,000) (13,000,000)
Net cash used for investing activities (2,545,000,000) (1,205,000,000)
Cash flows from financing activities:    
Net increase in commercial paper 1,148,000,000 950,000,000
Net decrease in short-term borrowings (19,000,000) (6,000,000)
Proceeds from issuance of common stock 125,000,000 161,000,000
Proceeds from issuance of long-term debt 14,000,000 45,000,000
Payments of long-term debt (57,000,000) (606,000,000)
Excess tax benefits from share based payment arrangements 56,000,000 49,000,000
Repurchases of common stock (486,000,000) (551,000,000)
Cash dividends paid (851,000,000) (736,000,000)
Net cash used for financing activities (70,000,000) (694,000,000)
Effect of foreign exchange rate changes on cash and cash equivalents (219,000,000) 30,000,000
Net (decrease) increase in cash and cash equivalents (1,005,000,000) 160,000,000
Cash and cash equivalents at beginning of period 6,959,000,000 6,422,000,000
Cash and cash equivalents at end of period $ 5,954,000,000 $ 6,582,000,000