SEGMENT FINANCIAL DATA

6 Months Ended

Jun. 30, 2017

Segment Financial Data [Abstract]

Segment Financial Data

Note10. Segment Financial Data

We globally manage our business operations through four reportable operating segments. Segment information is consistent with how management reviews the businesses, makes investing and resource allocation decisions and assesses operating performance.

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

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2017		2016		2017		2016
Net Sales
Aerospace
Products	$	2,545	$	2,556	$	4,941	$	5,046
Services		1,129		1,223		2,279		2,438
Total		3,674		3,779		7,220		7,484
Home and Building Technologies
Products		2,379		2,375		4,596		4,572
Services		357		301		693		581
Total		2,736		2,676		5,289		5,153
Performance Materials and Technologies
Products		1,800		2,013		3,474		3,897
Services		439		421		834		818
Total		2,239		2,434		4,308		4,715
Safety and Productivity Solutions
Products		1,355		1,091		2,608		2,139
Services		74		11		145		22
Total		1,429		1,102		2,753		2,161
	$	10,078	$	9,991	$	19,570	$	19,513
Segment Profit
Aerospace	$	819	$	791	$	1,615	$	1,589
Home and Building Technologies		420		412		809		772
Performance Materials and Technologies		524		520		995		981
Safety and Productivity Solutions		214		173		408		323
Corporate		(67)		(49)		(128)		(98)
Total segment profit		1,910		1,847		3,699		3,567
Other income (expense)(a)		(1)		(7)		5		5
Interest and other financial charges		(79)		(85)		(154)		(170)
Stock compensation expense(b)		(44)		(43)		(94)		(96)
Pension ongoing income(b)		184		151		363		301
Other postretirement income (expense)(b)		6		8		10		17
Repositioning and other charges (b)		(198)		(116)		(327)		(241)
Income before taxes	$	1,778	$	1,755	$	3,502	$	3,383
(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.