The company said net cash provided by operating activities for the 6 months was $1,819 million, with net income attributable to Honeywell of $3,007 million adjusted for depreciation and amortization of $600 million.

1. 01

   The company said net cash provided by operating activities for the 6 months was $1,819 million, with net income attributable to Honeywell of $3,007 million adjusted for depreciation and amortization of $600 million.

2. 02

   The company said net cash used for investing activities for the 6 months was $5,405 million, of which $4,913 million was for acquisitions, and that net cash provided by financing activities of $5,298 million included $5,710 million in proceeds from issuance of long-term debt.

3. 03

   Honeywell said it acquired Access Solutions in Q2 2024 for total consideration of $4.9 billion, net of cash acquired, and announced its intention to acquire CAES Systems Holdings LLC for approximately $1.9 billion and Air Products' liquefied natural gas process technology and equipment business for approximately $1.8 billion.

4. 04

   The company said sales in Aerospace Technologies rose $550 million and segment profit increased $130 million, while segment margin fell 60 basis points to 27.2% from 27.8%.

Key figures

Quarter ended June 30, 2024

Revenue

$9.6B

Operating income

$2.2B

Net income

$1.5B

EPS

$2.36

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.