Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Honeywell International Inc., consolidated cash flow statement

US$ in millions

12 months ended:	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	5,740)	5,672)	4,967)	5,610)	4,865)
Net income attributable to the noncontrolling interest	(35)	(14)	(1)	(68)	(86)
Net income attributable to Honeywell	5,705)	5,658)	4,966)	5,542)	4,779)
Depreciation	671)	659)	657)	674)	644)
Amortization	663)	517)	547)	549)	358)
(Gain) loss on sale of non-strategic businesses and assets	1)	(5)	(22)	(102)	3)
Impairment of assets held for sale	219)	—)	—)	—)	—)
Repositioning and other charges	244)	860)	1,266)	569)	575)
Net payments for repositioning and other charges	(479)	(459)	(512)	(692)	(833)
NARCO Buyout payment	—)	(1,325)	—)	—)	—)
Pension and other postretirement income	(476)	(406)	(510)	(1,114)	(798)
Pension and other postretirement benefit payments	(32)	(38)	(23)	(43)	(47)
Stock compensation expense	194)	202)	188)	217)	168)
Deferred income taxes	(233)	153)	(180)	178)	(175)
Reimbursement receivables charge	—)	—)	—)	—)	509)
Other	(617)	(837)	(358)	(28)	(338)
Accounts receivable	(96)	(42)	(739)	(8)	669)
Inventories	(304)	(626)	(440)	(685)	(67)
Other current assets	371)	17)	232)	(276)	191)
Accounts payable	95)	518)	(155)	744)	15)
Accrued liabilities	171)	494)	357)	513)	555)
Changes in assets and liabilities, net of the effects of acquisitions and divestitures	237)	361)	(745)	288)	1,363)
Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities	392)	(318)	308)	496)	1,429)
Net cash provided by operating activities	6,097)	5,340)	5,274)	6,038)	6,208)
Capital expenditures	(1,164)	(1,039)	(766)	(895)	(906)
Proceeds from disposals of property, plant and equipment	—)	43)	29)	27)	57)
Increase in investments	(1,077)	(560)	(1,211)	(2,373)	(3,236)
Decrease in investments	870)	971)	1,255)	2,525)	3,508)
Receipts from Garrett Motion Inc.	—)	—)	409)	586)	—)
(Payments) receipts from settlements of derivative contracts	94)	6)	369)	192)	(149)
Cash paid for acquisitions, net of cash acquired	(8,880)	(718)	(178)	(1,326)	(261)
Proceeds from sales of businesses, net of fees paid	—)	4)	—)	203)	—)
Net cash used for investing activities	(10,157)	(1,293)	(93)	(1,061)	(987)
Proceeds from issuance of commercial paper and other short-term borrowings	13,838)	12,991)	7,661)	5,194)	10,474)
Payments of commercial paper and other short-term borrowings	(11,578)	(13,663)	(8,447)	(5,190)	(10,400)
Proceeds from issuance of common stock	537)	196)	320)	229)	393)
Proceeds from issuance of long-term debt	10,408)	2,986)	2,953)	2,517)	10,125)
Payments of long-term debt	(1,812)	(1,731)	(1,850)	(4,917)	(4,308)
Repurchases of common stock	(1,655)	(3,715)	(4,200)	(3,380)	(3,714)
Cash dividends paid	(2,902)	(2,855)	(2,719)	(2,626)	(2,592)
Other	3)	28)	(48)	(81)	(59)
Net cash provided by (used for) financing activities	6,839)	(5,763)	(6,330)	(8,254)	(81)
Effect of foreign exchange rate changes on cash and cash equivalents	(137)	14)	(183)	(39)	68)
Net increase (decrease) in cash and cash equivalents	2,642)	(1,702)	(1,332)	(3,316)	5,208)
Cash and cash equivalents at beginning of period	7,925)	9,627)	10,959)	14,275)	9,067)
Cash and cash equivalents at end of period	10,567)	7,925)	9,627)	10,959)	14,275)

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

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Cash flow statement item	Description	The company
Net cash provided by operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Honeywell International Inc. net cash provided by operating activities increased from 2022 to 2023 and from 2023 to 2024.
Net cash used for investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Honeywell International Inc. net cash used for investing activities decreased from 2022 to 2023 and from 2023 to 2024.
Net cash provided by (used for) financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Honeywell International Inc. net cash provided by (used for) financing activities increased from 2022 to 2023 and from 2023 to 2024.

Honeywell International Inc. (NASDAQ:HON)

Cash Flow Statement