HON FY 2010 Earnings Report — Honeywell International Inc. Revenue & Financial Results | Market Cap Arena

Honeywell International Inc.HON

FY 2010 Earnings

Reported February 11, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$32.4B	—	—	—	—
Op. Income	$3.0B	—	—	—	—
Gross Margin	23.6%	—	—	—	—
Net Margin	6.3%	—	—	—	—
EPS (Diluted)	$2.59	—	—	—	—
Free Cash Flow	$3.6B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$32.4B
Cost of Revenue	$24.7B
GROSS PROFIT	$7.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$4.6B
SG&A Expenses	$4.6B
Other Expenses	$0
Operating Expenses	$4.6B
Cost & Expenses	$29.3B
OPERATING INCOME	$3.0B
Interest Income	$39M
Interest Expense	$386M
Other Income/Expenses	-$289M
INCOME BEFORE TAX	$2.7B
Income Tax Expense	$765M
Net Income from Continuing Ops	$2.0B
Net Income from Discontinued Ops	$78M
Other Adjustments	$0
NET INCOME	$2.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.0B
D&A	$987M
EBIT	$3.1B
EBITDA	$4.1B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$32.4B
Cost of Revenue	$24.7B
GROSS PROFIT	$7.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$4.6B
SG&A Expenses	$4.6B
Other Expenses	$0
Operating Expenses	$4.6B
Cost & Expenses	$29.3B
OPERATING INCOME	$3.0B
Interest Income	$39M
Interest Expense	$386M
Other Income/Expenses	-$289M
INCOME BEFORE TAX	$2.7B
Income Tax Expense	$765M
Net Income from Continuing Ops	$2.0B
Net Income from Discontinued Ops	$78M
Other Adjustments	$0
NET INCOME	$2.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.0B
D&A	$987M
EBIT	$3.1B
EBITDA	$4.1B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$2.0B
Depreciation & Amortization	$987M
Stock-Based Compensation	$164M
Deferred Income Tax	$878M
Other Non-Cash Items	$26M
Change in Working Capital	$126M
OPERATING CASH FLOW	$4.2B
Capital Expenditure	-$651M
Acquisitions (Net)	-$1.3B
Purchases of Investments	-$453M
Sales/Maturities of Investments	$112M
Other Investing Activities	$19M
NET CASH FROM INVESTING	-$2.3B
Net Debt Issuance	-$1.3B
Common Stock Repurchased	$0
Common Dividends Paid	-$944M
Other Financing Activities	$13M
NET CASH FROM FINANCING	-$2.0B
FREE CASH FLOW	$3.6B
Net Change in Cash	-$151M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.6B
Short-Term Investments	$0
Net Receivables	$7.1B
Inventory	$4.0B
Other Current Assets	$1.3B
TOTAL CURRENT ASSETS	$15.0B
PP&E (Net)	$4.8B
Goodwill	$11.6B
Intangible Assets	$2.6B
Long-Term Investments	$616M
Tax Assets	$1.2B
Other Non-Current Assets	$2.0B
TOTAL NON-CURRENT ASSETS	$22.8B
TOTAL ASSETS	$37.8B
Account Payables	$4.3B
Short-Term Debt	$889M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$11.7B
Long-Term Debt	$5.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$636M
Other Non-Current Liabilities	$8.9B
TOTAL NON-CURRENT LIABILITIES	$15.3B
TOTAL LIABILITIES	$27.0B
Common Stock	$958M
Additional Paid-In Capital	$4.0B
Retained Earnings	$15.1B
Treasury Stock	-$8.3B
Accum. Other Comp. Income	-$1.1B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$10.7B
Minority Interest	$121M
TOTAL EQUITY	$10.8B
TOTAL LIABILITIES & EQUITY	$37.8B
Total Debt	$6.6B
Net Debt	$4.0B