Companies / Honeywell COMPANY FILINGS
Honeywell HON In fiscal 2025, Honeywell International Inc. operated globally through Aerospace Technologies, Industrial Automation, Building Automation, and Energy and Sustainability Solutions.
Business description: FY2025 CIK 0000773840 Source: SEC EDGAR
Overview 10-K summary Balance sheet Original filings
Annual reports 5
Report coverage 2021–2025
Financial statement focus Balance sheet READ THE FILING
Annual report insights AI summary AI-generated summaries of the cited 10-K filings. For informational purposes only; not personalized investment advice.
Choose a fiscal year FY2025 Honeywell's 2025 sales from continuing operations grew 8% to $37.4 billion, but net income from continuing operations declined to $4,468 million from $4,995 million in 2024.
Source: 2025 Honeywell completed the Advanced Materials spin-off into Solstice Advanced Materials on October 30, 2025. The business is presented as discontinued operations for every period shown in the consolidated financial statements.
Source: 2025 View full 10-K summary 2025 Hide full 10-K summary 2025 Signals describe observations in the selected filing, not forecasts or investment ratings. Risk disclosures do not establish that a loss occurred.
Positive signals No positive signals are highlighted in this summary. This does not mean the filing contains none.
Negative signals Business value reductions For 2025, Honeywell recorded two accounting reductions in the value of its Productivity Solutions and Services and Warehouse and Workflow Solutions businesses: a $724 million goodwill impairment and a $255 million valuation allowance. These adjustments reduced the businesses' recorded value to estimated value after selling costs. Both businesses were classified as held for sale at year-end.
Source: 2025 Recorded litigation costs Based on settlement negotiations as of December 22, 2025, Honeywell increased the amount recorded for Flexjet-related litigation costs by approximately $370 million in the fourth quarter. The accounting adjustment reduced sales by approximately $310 million and operating income by approximately $370 million.
Source: 2025 Environmental estimate Honeywell increased estimated environmental liabilities by $211 million in 2025. Management attributed the increase to an improved estimation methodology for actively managed environmental sites, using better data availability and refined historical analysis.
Source: 2025 Business context Aerospace separation plan In February 2025, Honeywell announced plans to separate its aerospace business into an independent public company. Management expected completion in the third quarter of 2026, subject to conditions including regulatory and final board approvals. The filing warned that unmet conditions or external developments could delay or prevent completion.
Source: 2025 Business in fiscal 2025 In fiscal 2025, Honeywell International Inc. operated globally through Aerospace Technologies, Industrial Automation, Building Automation, and Energy and Sustainability Solutions.
Source: 2025
5-year changes FY2021–FY2025 These changes use selected original filing passages and nearby context from the stated five fiscal years. They are not an exhaustive review of all five reports and exclude later-year filings.
Borrowings On each annual report's own reporting basis, Honeywell's total borrowings at December 31 were $19.6 billion in 2021 and 2022, $20.4 billion in 2023, $31.1 billion in 2024, and $34.6 billion in 2025. Honeywell said its 2024 long-term debt issuance primarily funded the Access Solutions, CAES, LNG and Civitanavi acquisitions. These balances are not a comparison adjusted to a constant business scope.
Source: 2021 , 2022 , 2023 , 2024 , 2025 Businesses marked for sale Management cited strong demand in Warehouse and Workflow Solutions and Productivity Solutions and Services in 2021. In 2023, it attributed sales declines in those businesses to lower demand for projects and products, respectively. At December 31, 2025, both businesses were classified as held for sale—their assets and liabilities were presented separately for planned disposal. Management expected the sales in the second half of 2026, subject to customary closing conditions.
Source: 2021 , 2023 , 2025 Materials spin-off Honeywell announced the planned Advanced Materials spin-off on October 8, 2024, targeting completion by the end of 2025 or early 2026. It completed the separation into Solstice Advanced Materials on October 30, 2025. The 2025 report presents Advanced Materials as discontinued operations—separately from continuing businesses—for all periods shown in its consolidated financial statements.
Source: 2024 , 2025 Request a correction FINANCIAL STATEMENTS
Balance sheet A snapshot of what Honeywell owns and owes at a point in time.
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Annual reports & SEC 10-K filings SEC EDGAR 5 reports in this collection
Report yearAll years 2025 2024 2023 2022 2021 Dates describe the filing metadata. Figures and reporting periods should be checked against the original statement. SEC links open in a new tab.
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