Honeywell 8-K: Financials and Debt Update

TL;DR

Honeywell dropped an 8-K detailing its debt - check the notes and term loan maturities.

AI Summary

Honeywell International Inc. filed an 8-K on July 10, 2024, reporting on its financial condition and results of operations. The filing includes details on various senior notes and a term loan, such as the A3500 Senior Notes due 2027, Euro 2.25 Notes due 2028, and Euro 75 Term Loan due 2032, indicating ongoing financial activities and debt management.

Why It Matters

This filing provides insight into Honeywell's current financial structure and debt obligations, which can influence investor confidence and the company's future borrowing capacity.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of financial information and debt instruments, not indicating any immediate operational or financial distress.

Key Players & Entities

• HONEYWELL INTERNATIONAL INC (company) — Filer
• A3500 Senior Notes due 2027 (dollar_amount) — Debt Instrument
• Euro 2.25 Notes due 2028 (dollar_amount) — Debt Instrument
• Euro 75 Term Loan due 2032 (dollar_amount) — Debt Instrument

FAQ

Key Financial Figures

• $1 — ich registered Common Stock, par value $1 per share HON The Nasdaq Stock Market L

Filing Documents

• hon-20240710.htm (8-K) — 40KB
• exhibit99-segmentprofitand.htm (EX-99) — 220KB
• 0000773840-24-000075.txt ( ) — 468KB
• hon-20240710.xsd (EX-101.SCH) — 4KB
• hon-20240710_def.xml (EX-101.DEF) — 9KB
• hon-20240710_lab.xml (EX-101.LAB) — 35KB
• hon-20240710_pre.xml (EX-101.PRE) — 19KB
• hon-20240710_htm.xml (XML) — 8KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition As previously announced in June 2024, for periods beginning on or after April 1, 2024, Honeywell International Inc. (the "Company") began excluding the impact of amortization expense for acquisition-related intangible assets and certain acquisition-related costs, including the related tax effects, from segment profit and adjusted earnings per share. For informational purposes only, set forth in Exhibit 99 to this Current Report on Form 8-K, the Company is furnishing certain unaudited supplemental historical non-GAAP financial metrics under this new basis to facilitate comparability with its expected ongoing investor reporting. Additionally, in April 2024, the Company realigned certain business units within the Industrial Automation reportable business segment. The gas detection business has moved from the Sensing and Safety Technologies business unit to the Process Solutions business unit to align with the process measurement controls business. The Company is furnishing certain unaudited supplemental historical period information in Exhibit 99 to reflect this realignment. The unaudited supplemental net sales for the Industrial Automation reportable business segment and historical non-GAAP financial metrics contained in Exhibit 99 do not represent a restatement or reissuance of previously issued financial statements. The information furnished pursuant to this Item 2.02, including Exhibit 99 in Item 9.01, shall not be deemed "filed" for purposes on Section 18 of the Securities and Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that Section, and shall not be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended (the "Securities Act") or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure The supplemental financial information included in Exhibit 99 is being furnished pursuant to Item 7.01 and shall not be deemed "filed" for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, and shall not be deemed incorporated by reference into any filing made under the Securities Act or the Exchange Act, except as otherwise expressly stated in such filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits The following exhibits are filed as part of this report: Exhibit # Description 99 Supplemental unaudited n et sales for the Industrial Automation reportable business segment and historical non-GAAP financial metrics for three months ended March 31, June 30, September 30, and December 31, 2023, and March 31, 2024 (furnished pursuant to Item 2.02 hereof). 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: July 10, 2024 HONEYWELL INTERNATIONAL INC. By: /s/ Su Ping Lu Su Ping Lu Vice President and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR