Honeywell International Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	4,729	5,705	5,658	4,966	5,542
Depreciation & Amortization	1,388	1,152	1,004	1,204	1,223
Loss (Gain) From Sale of Assets	288	220	-5	-22	-102
Asset Writedown & Restructuring Costs	179	-231	399	754	-123
Stock-Based Compensation	196	189	197	188	217
Other Operating Activities	-353	-1,639	-2,842	-1,070	-939
Change in Accounts Receivable	-825	-129	67	-739	-8
Change in Inventory	-636	-286	-549	-440	-685
Change in Accounts Payable	724	78	444	-155	744
Change in Income Taxes	-707	-69	-408	-	-
Change in Other Net Operating Assets	1,092	122	494	589	237
Operating Cash Flow	6,408	6,097	5,340	5,274	6,038
Operating Cash Flow Growth	5.10%	14.18%	1.25%	-12.65%	-2.74%
Capital Expenditures	-986	-871	-741	-766	-895
Sale of Property, Plant & Equipment	31	-	43	29	27
Cash Acquisitions	-2,211	-8,880	-718	-178	-1,326
Divestitures	1,157	-	4	-	203
Investment in Securities	-34	-207	411	44	152
Other Investing Activities	-668	-199	-292	778	778
Investing Cash Flow	-2,711	-10,157	-1,293	-93	-1,061
Short-Term Debt Issued	24,297	13,838	12,991	7,661	5,194
Long-Term Debt Issued	4,035	10,408	2,986	2,953	2,517
Total Debt Issued	28,332	24,246	15,977	10,614	7,711
Short-Term Debt Repaid	-22,815	-11,578	-13,663	-8,447	-5,190
Long-Term Debt Repaid	-2,909	-1,812	-1,731	-1,850	-4,917
Total Debt Repaid	-25,724	-13,390	-15,394	-10,297	-10,107
Net Debt Issued (Repaid)	2,608	10,856	583	317	-2,396
Issuance of Common Stock	237	537	196	320	229
Repurchase of Common Stock	-3,804	-1,655	-3,715	-4,200	-3,380
Common Dividends Paid	-2,976	-2,902	-2,855	-2,719	-2,626
Other Financing Activities	1,982	3	28	-48	-81
Financing Cash Flow	-1,953	6,839	-5,763	-6,330	-8,254
Foreign Exchange Rate Adjustments	176	-137	14	-183	-39
Net Cash Flow	1,920	2,642	-1,702	-1,332	-3,316
Free Cash Flow	5,422	5,226	4,599	4,508	5,143
Free Cash Flow Growth	3.75%	13.63%	2.02%	-12.35%	-3.00%
Free Cash Flow Margin	14.48%	15.05%	13.93%	12.71%	14.95%
Free Cash Flow Per Share	8.44	7.97	6.88	6.60	7.34
Cash Interest Paid	1,300	869	649	375	339
Cash Income Tax Paid	1,798	1,689	1,581	1,324	1,202
Levered Free Cash Flow	4,661	3,159	2,729	5,092	5,127
Unlevered Free Cash Flow	5,501	3,814	3,197	5,343	5,332
Change in Working Capital	-352	-284	48	-745	288

Source: S&P Global Market Intelligence. Standard template. Financial Sources.