Context:
Financial Statements:
| Column 1                                                                      | Column 2              | Column 3   | Column 4   | Column 5   | Column 6   | Column 7   | Column 8   | Column 9   | Column 10   | Column 11   | Column 12   |
|:------------------------------------------------------------------------------|:----------------------|:-----------|:-----------|:-----------|:-----------|:-----------|:-----------|:-----------|:------------|:------------|:------------|
|                                                                               |                       |            |            |            |            |            |            |            |             |             |             |
|                                                                               | December 31,          |            |            |            |            |            |            |            |             |             |             |
| 2020                                                                          |                       | 2019       |            |            |            |            |            |            |             |             |             |
|                                                                               | (Dollars in millions) |            |            |            |            |            |            |            |             |             |             |
| ASSETS                                                                        |                       |            |            |            |            |            |            |            |             |             |             |
| Current assets:                                                               |                       |            |            |            |            |            |            |            |             |             |             |
| Cash and cash equivalents                                                     | $                     | 14,275     |            |            | $          | 9,067      |            |            |             |             |             |
| Short-term investments                                                        | 945                   |            |            | 1,349      |            |            |            |            |             |             |             |
| Accounts receivable—net                                                       | 6,827                 |            |            | 7,493      |            |            |            |            |             |             |             |
| Inventories                                                                   | 4,489                 |            |            | 4,421      |            |            |            |            |             |             |             |
| Other current assets                                                          | 1,639                 |            |            | 1,973      |            |            |            |            |             |             |             |
| Total current assets                                                          | 28,175                |            |            | 24,303     |            |            |            |            |             |             |             |
| Investments and long-term receivables                                         | 685                   |            |            | 588        |            |            |            |            |             |             |             |
| Property, plant and equipment—net                                             | 5,570                 |            |            | 5,325      |            |            |            |            |             |             |             |
| Goodwill                                                                      | 16,058                |            |            | 15,563     |            |            |            |            |             |             |             |
| Other intangible assets—net                                                   | 3,560                 |            |            | 3,734      |            |            |            |            |             |             |             |
| Insurance recoveries for asbestos related liabilities                         | 366                   |            |            | 392        |            |            |            |            |             |             |             |
| Deferred income taxes                                                         | 760                   |            |            | 86         |            |            |            |            |             |             |             |
| Other assets                                                                  | 9,412                 |            |            | 8,688      |            |            |            |            |             |             |             |
| Total assets                                                                  | $                     | 64,586     |            |            | $          | 58,679     |            |            |             |             |             |
| LIABILITIES                                                                   |                       |            |            |            |            |            |            |            |             |             |             |
| Current liabilities:                                                          |                       |            |            |            |            |            |            |            |             |             |             |
| Accounts payable                                                              | $                     | 5,750      |            |            | $          | 5,730      |            |            |             |             |             |
| Commercial paper and other short-term borrowings                              | 3,597                 |            |            | 3,516      |            |            |            |            |             |             |             |
| Current maturities of long-term debt                                          | 2,445                 |            |            | 1,376      |            |            |            |            |             |             |             |
| Accrued liabilities                                                           | 7,405                 |            |            | 7,476      |            |            |            |            |             |             |             |
| Total current liabilities                                                     | 19,197                |            |            | 18,098     |            |            |            |            |             |             |             |
| Long-term debt                                                                | 16,342                |            |            | 11,110     |            |            |            |            |             |             |             |
| Deferred income taxes                                                         | 2,113                 |            |            | 1,670      |            |            |            |            |             |             |             |
| Postretirement benefit obligations other than pensions                        | 242                   |            |            | 326        |            |            |            |            |             |             |             |
| Asbestos related liabilities                                                  | 1,920                 |            |            | 1,996      |            |            |            |            |             |             |             |
| Other liabilities                                                             | 6,975                 |            |            | 6,766      |            |            |            |            |             |             |             |
| Redeemable noncontrolling interest                                            | 7                     |            |            | 7          |            |            |            |            |             |             |             |
| SHAREOWNERS’ EQUITY                                                           |                       |            |            |            |            |            |            |            |             |             |             |
| Capital—common stock issued                                                   | 958                   |            |            | 958        |            |            |            |            |             |             |             |
| —additional paid-in capital                                                   | 7,292                 |            |            | 6,876      |            |            |            |            |             |             |             |
| Common stock held in treasury, at cost                                        | (27,229)              |            |            | (23,836)   |            |            |            |            |             |             |             |
| Accumulated other comprehensive income (loss)                                 | (3,377)               |            |            | (3,197)    |            |            |            |            |             |             |             |
| Retained earnings                                                             | 39,905                |            |            | 37,693     |            |            |            |            |             |             |             |
| Total Honeywell shareowners’ equity                                           | 17,549                |            |            | 18,494     |            |            |            |            |             |             |             |
| Noncontrolling interest                                                       | 241                   |            |            | 212        |            |            |            |            |             |             |             |
| Total shareowners’ equity                                                     | 17,790                |            |            | 18,706     |            |            |            |            |             |             |             |
| Total liabilities, redeemable noncontrolling interest and shareowners’ equity | $                     | 64,586     |            |            | $          | 58,679     |            |            |             |             |             |

---

| Column 1                                                                                                    | Column 2                 | Column 3   | Column 4   | Column 5   | Column 6   | Column 7   | Column 8   | Column 9   | Column 10   | Column 11   | Column 12   | Column 13   | Column 14   | Column 15   | Column 16   | Column 17   | Column 18   |
|:------------------------------------------------------------------------------------------------------------|:-------------------------|:-----------|:-----------|:-----------|:-----------|:-----------|:-----------|:-----------|:------------|:------------|:------------|:------------|:------------|:------------|:------------|:------------|:------------|
|                                                                                                             |                          |            |            |            |            |            |            |            |             |             |             |             |             |             |             |             |             |
|                                                                                                             | Years Ended December 31, |            |            |            |            |            |            |            |             |             |             |             |             |             |             |             |             |
| 2020                                                                                                        |                          | 2019       |            | 2018       |            |            |            |            |             |             |             |             |             |             |             |             |             |
|                                                                                                             | (Dollars in millions)    |            |            |            |            |            |            |            |             |             |             |             |             |             |             |             |             |
| Cash flows from operating activities:                                                                       |                          |            |            |            |            |            |            |            |             |             |             |             |             |             |             |             |             |
| Net income                                                                                                  | $                        | 4,865      |            |            | $          | 6,230      |            |            | $           | 6,828       |             |             |             |             |             |             |             |
| Less: Net income attributable to the noncontrolling interest                                                | 86                       |            |            | 87         |            |            | 63         |            |             |             |             |             |             |             |             |             |             |
| Net income attributable to Honeywell                                                                        | 4,779                    |            |            | 6,143      |            |            | 6,765      |            |             |             |             |             |             |             |             |             |             |
| Adjustments to reconcile net income attributable to Honeywell to net cash provided by operating activities: |                          |            |            |            |            |            |            |            |             |             |             |             |             |             |             |             |             |
| Depreciation                                                                                                | 644                      |            |            | 673        |            |            | 721        |            |             |             |             |             |             |             |             |             |             |
| Amortization                                                                                                | 358                      |            |            | 415        |            |            | 395        |            |             |             |             |             |             |             |             |             |             |
|                                                                                                             |                          |            |            |            |            |            |            |            |             |             |             |             |             |             |             |             |             |
| Repositioning and other charges                                                                             | 575                      |            |            | 546        |            |            | 1,091      |            |             |             |             |             |             |             |             |             |             |
| Net payments for repositioning and other charges                                                            | (833)                    |            |            | (376)      |            |            | (652)      |            |             |             |             |             |             |             |             |             |             |
| Pension and other postretirement income                                                                     | (798)                    |            |            | (516)      |            |            | (987)      |            |             |             |             |             |             |             |             |             |             |
| Pension and other postretirement benefit payments                                                           | (47)                     |            |            | (78)       |            |            | (80)       |            |             |             |             |             |             |             |             |             |             |
| Stock compensation expense                                                                                  | 168                      |            |            | 153        |            |            | 175        |            |             |             |             |             |             |             |             |             |             |
| Deferred income taxes                                                                                       | (175)                    |            |            | 179        |            |            | (586)      |            |             |             |             |             |             |             |             |             |             |
| Reimbursement receivables charge                                                                            | 509                      |            |            | —          |            |            | —          |            |             |             |             |             |             |             |             |             |             |
| Other                                                                                                       | (335)                    |            |            | (286)      |            |            | (694)      |            |             |             |             |             |             |             |             |             |             |
| Changes in assets and liabilities, net of the effects of acquisitions and divestitures:                     |                          |            |            |            |            |            |            |            |             |             |             |             |             |             |             |             |             |
| Accounts receivable                                                                                         | 669                      |            |            | 11         |            |            | (236)      |            |             |             |             |             |             |             |             |             |             |
| Inventories                                                                                                 | (67)                     |            |            | (100)      |            |            | (503)      |            |             |             |             |             |             |             |             |             |             |
| Other current assets                                                                                        | 191                      |            |            | (430)      |            |            | 218        |            |             |             |             |             |             |             |             |             |             |
| Accounts payable                                                                                            | 15                       |            |            | 118        |            |            | 733        |            |             |             |             |             |             |             |             |             |             |
| Accrued liabilities                                                                                         | 555                      |            |            | 445        |            |            | 74         |            |             |             |             |             |             |             |             |             |             |
| Net cash provided by (used for) operating activities                                                        | 6,208                    |            |            | 6,897      |            |            | 6,434      |            |             |             |             |             |             |             |             |             |             |
| Cash flows from investing activities:                                                                       |                          |            |            |            |            |            |            |            |             |             |             |             |             |             |             |             |             |
| Expenditures for property, plant and equipment                                                              | (906)                    |            |            | (839)      |            |            | (828)      |            |             |             |             |             |             |             |             |             |             |
| Proceeds from disposals of property, plant and equipment                                                    | 57                       |            |            | 43         |            |            | 15         |            |             |             |             |             |             |             |             |             |             |
| Increase in investments                                                                                     | (3,236)                  |            |            | (4,253)    |            |            | (4,059)    |            |             |             |             |             |             |             |             |             |             |
| Decrease in investments                                                                                     | 3,508                    |            |            | 4,464      |            |            | 6,032      |            |             |             |             |             |             |             |             |             |             |
| Receipts (payments) from settlements of derivative contracts                                                | (149)                    |            |            | 102        |            |            | 402        |            |             |             |             |             |             |             |             |             |             |
| Cash paid for acquisitions, net of cash acquired                                                            | (261)                    |            |            | (50)       |            |            | (535)      |            |             |             |             |             |             |             |             |             |             |
|                                                                                                             |                          |            |            |            |            |            |            |            |             |             |             |             |             |             |             |             |             |
| Net cash provided by (used for) investing activities                                                        | (987)                    |            |            | (533)      |            |            | 1,027      |            |             |             |             |             |             |             |             |             |             |
| Cash flows from financing activities:                                                                       |                          |            |            |            |            |            |            |            |             |             |             |             |             |             |             |             |             |
| Proceeds from issuance of commercial paper and other short-term borrowings                                  | 10,474                   |            |            | 14,199     |            |            | 23,891     |            |             |             |             |             |             |             |             |             |             |
| Payments of commercial paper and other short-term borrowings                                                | (10,400)                 |            |            | (14,199)   |            |            | (24,095)   |            |             |             |             |             |             |             |             |             |             |
| Proceeds from issuance of common stock                                                                      | 393                      |            |            | 498        |            |            | 267        |            |             |             |             |             |             |             |             |             |             |
| Proceeds from issuance of long-term debt                                                                    | 10,125                   |            |            | 2,726      |            |            | 27         |            |             |             |             |             |             |             |             |             |             |
| Payments of long-term debt                                                                                  | (4,308)                  |            |            | (2,903)    |            |            | (1,330)    |            |             |             |             |             |             |             |             |             |             |
| Repurchases of common stock                                                                                 | (3,714)                  |            |            | (4,400)    |            |            | (4,000)    |            |             |             |             |             |             |             |             |             |             |
| Cash dividends paid                                                                                         | (2,592)                  |            |            | (2,442)    |            |            | (2,272)    |            |             |             |             |             |             |             |             |             |             |
| Pre-separation funding                                                                                      | —                        |            |            | —          |            |            | 2,801      |            |             |             |             |             |             |             |             |             |             |
| Spin-off cash                                                                                               | —                        |            |            | —          |            |            | (179)      |            |             |             |             |             |             |             |             |             |             |
| Other                                                                                                       | (59)                     |            |            | (79)       |            |            | (142)      |            |             |             |             |             |             |             |             |             |             |
| Net cash provided by (used for) financing activities                                                        | (81)                     |            |            | (6,600)    |            |            | (5,032)    |            |             |             |             |             |             |             |             |             |             |
| Effect of foreign exchange rate changes on cash and cash equivalents                                        | 68                       |            |            | 16         |            |            | (201)      |            |             |             |             |             |             |             |             |             |             |
| Net increase (decrease) in cash and cash equivalents                                                        | 5,208                    |            |            | (220)      |            |            | 2,228      |            |             |             |             |             |             |             |             |             |             |
| Cash and cash equivalents at beginning of period                                                            | 9,067                    |            |            | 9,287      |            |            | 7,059      |            |             |             |             |             |             |             |             |             |             |
| Cash and cash equivalents at end of period                                                                  | $                        | 14,275     |            |            | $          | 9,067      |            |            | $           | 9,287       |             |             |             |             |             |             |             |

---

| Column 1                                                     | Column 2                                       | Column 3   | Column 4   | Column 5   | Column 6   | Column 7   | Column 8   | Column 9   | Column 10   | Column 11   | Column 12   | Column 13   | Column 14   | Column 15   | Column 16   | Column 17   | Column 18   |
|:-------------------------------------------------------------|:-----------------------------------------------|:-----------|:-----------|:-----------|:-----------|:-----------|:-----------|:-----------|:------------|:------------|:------------|:------------|:------------|:------------|:------------|:------------|:------------|
|                                                              |                                                |            |            |            |            |            |            |            |             |             |             |             |             |             |             |             |             |
|                                                              | Years Ended December 31,                       |            |            |            |            |            |            |            |             |             |             |             |             |             |             |             |             |
| 2020                                                         |                                                | 2019       |            | 2018       |            |            |            |            |             |             |             |             |             |             |             |             |             |
|                                                              | (Dollars in millions,except per share amounts) |            |            |            |            |            |            |            |             |             |             |             |             |             |             |             |             |
| Product sales                                                | $                                              | 24,737     |            |            | $          | 27,629     |            |            | $           | 32,848      |             |             |             |             |             |             |             |
| Service sales                                                | 7,900                                          |            |            | 9,080      |            |            | 8,954      |            |             |             |             |             |             |             |             |             |             |
| Net sales                                                    | 32,637                                         |            |            | 36,709     |            |            | 41,802     |            |             |             |             |             |             |             |             |             |             |
| Costs, expenses and other                                    |                                                |            |            |            |            |            |            |            |             |             |             |             |             |             |             |             |             |
| Cost of products sold                                        | 17,638                                         |            |            | 19,269     |            |            | 23,634     |            |             |             |             |             |             |             |             |             |             |
| Cost of services sold                                        | 4,531                                          |            |            | 5,070      |            |            | 5,412      |            |             |             |             |             |             |             |             |             |             |
|                                                              | 22,169                                         |            |            | 24,339     |            |            | 29,046     |            |             |             |             |             |             |             |             |             |             |
| Selling, general and administrative expenses                 | 4,772                                          |            |            | 5,519      |            |            | 6,051      |            |             |             |             |             |             |             |             |             |             |
| Other (income) expense                                       | (675)                                          |            |            | (1,065)    |            |            | (1,149)    |            |             |             |             |             |             |             |             |             |             |
| Interest and other financial charges                         | 359                                            |            |            | 357        |            |            | 367        |            |             |             |             |             |             |             |             |             |             |
|                                                              | 26,625                                         |            |            | 29,150     |            |            | 34,315     |            |             |             |             |             |             |             |             |             |             |
| Income before taxes                                          | 6,012                                          |            |            | 7,559      |            |            | 7,487      |            |             |             |             |             |             |             |             |             |             |
| Tax expense                                                  | 1,147                                          |            |            | 1,329      |            |            | 659        |            |             |             |             |             |             |             |             |             |             |
| Net income                                                   | 4,865                                          |            |            | 6,230      |            |            | 6,828      |            |             |             |             |             |             |             |             |             |             |
| Less: Net income attributable to the noncontrolling interest | 86                                             |            |            | 87         |            |            | 63         |            |             |             |             |             |             |             |             |             |             |
| Net income attributable to Honeywell                         | $                                              | 4,779      |            |            | $          | 6,143      |            |            | $           | 6,765       |             |             |             |             |             |             |             |
| Earnings per share of common stock—basic                     | $                                              | 6.79       |            |            | $          | 8.52       |            |            | $           | 9.10        |             |             |             |             |             |             |             |
| Earnings per share of common stock—assuming dilution         | $                                              | 6.72       |            |            | $          | 8.41       |            |            | $           | 8.98        |             |             |             |             |             |             |             |

---

English News:
"Global Smart Thermostats Market Trends, Forecast and Competitive Analysis Report 2021 - ResearchAndMarkets.com - DUBLIN--(BUSINESS WIRE)--The \"Smart Thermostats Market Report: Trends, Forecast and Competitive Analysis\" report has been added to ResearchAndMarkets.com's offering. The global smart thermostats market is expected to grow with a CAGR of 31% from 2019 to 2024. The future of the smart thermostats market looks promising with opportunities in the residential, office building, educational buildings, industrial building, retail, hospitality, and healthcare industries. The major drivers for this market are stringent government regulation towards energy saving, increasing demand for energy-efficient devices, and increasing adoption of smart home technology. The study includes the smart thermostats market size and forecast for the global smart thermostats market by technology, component, end use industry, and region. Some of the smart thermostats companies profiled in this report include Nest Labs, Inc., Honeywell International Inc., Ecobee, Inc. , Emerson Electric Co., Schneider Electric SE, Tado GmbH, Control4 Corporation, Ingersoll Rand PLC, Carrier Corporation, Nortek, Inc Some of the features of smart thermostats market report: Trends, Forecast, and Opportunity Analysis include: This report answers the following 11 key questions: Key Topics Covered: 1. Executive Summary 2. Market Trends and Forecast Analysis from 2013 to 2024 2.1: Introduction, Background, and Classification 2.2: Supply Chain 2.3: Industry Drivers and Challenges 3. Market Trends and Forecast Analysis from 2013 to 2024 3.1: Macroeconomic Trends and Forecast 3.2: Global Smart Thermostats Market: Trends and Forecast 3.3: Global Smart Thermostats Market by Technology 3.3.1: Wired Networking 3.3.2: Wireless Networking: Wi-Fi, ZigBee, Z-Wave and Bluetooth 3.4: Global Smart Thermostats Market by Component 3.4.1: Display Sensor 3.4.2: Temperature Sensor 3.4.3: Humidity Sensor 3.4.4: Motion Sensor 3.5: Global Smart Thermostats Market by End Use Industry 3.5.1: Residential 3.5.2: Educational 3.5.3: Retail 3.5.4: Hospitality and Healthcare 3.5.5: Office and Industrial Building 4. Market Trends and Forecast Analysis by Region 4.1: Global Smart Thermostats Market by Region 4.2: North American Smart Thermostats Market 4.2.1: Market by End Use Industry: Residential, Educational, Retail, Hospitality and Healthcare, and Office & Industrial building 4.2.2: Market by Technology: Wired and Wireless Networking 4.2.3: United States Smart Thermostats Market 4.2.4: Canadian Smart Thermostats Market 4.2.5: Mexican Smart Thermostats Market 4.3: European Smart Thermostats Market 4.4: APAC Smart Thermostats Market 4.5: ROW Smart Thermostats Market 5. Competitor Analysis 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Operational Integration 5.4: Regional Reach 5.5: Porter's Five Forces Analysis 6. Growth Opportunities and Strategic Analysis 6.1: Growth Opportunity Analysis 6.1.1: Growth Opportunities for Global Smart Thermostats Market by Technology 6.1.2: Growth Opportunities for Global Smart Thermostats Market by Component 6.1.3: Growth Opportunities for Global Smart Thermostats Market by End Use Industry 6.1.4: Growth Opportunities for Global Smart Thermostats Market by Region 6.2: Emerging Trends in Global Smart Thermostats Market 6.3: Strategic Analysis 6.3.1: New Product Development 6.3.2: Capacity Expansion of Global Smart Thermostats Market 6.3.3: Mergers, Acquisitions and Joint Ventures in the Global Market 6.3.4: Certification and Licensing 7. Company Profiles of Leading Players 7.1: Nest Labs 7.2: Honeywell International 7.3: Ecobee 7.4: Emerson Electric 7.5: Schneider Electric 7.6: Tado 7.7: Control4 Corporation 7.8: Ingersoll Rand PLC 7.9: Carrier Corporation 7.10: Nortek For more information about this report visit https://www.researchandmarkets.com/r/6tig4a",

Chinese News:
霍尼韦尔（纽交所代码：HON）近日发布了超出投资者预期的2020年第四季度和全年财务业绩，并同时公布2021年展望。公司第四季度报告销售额及内生式销售额分别同比下降6%和7%，全年报告及内生式销售额下降11%。就全年而言，营运利润率下降120个基点，部门利润 率下降70个基点，每股收益为6.72美元，调整后每股收益[4]为7.10美元，高于业绩指引预测范围上限。“我们在销售额增长、利润率提高以及调 整后每股收益方面再次取得了季度性持续改善，从而收官充满挑战的2020年，”霍尼韦尔董事长兼首席执行官杜瑞哲表示：“我们专注于提供差异 化的解决方案，从而在防务及航天业务、仓储自动化、个人防护装备以及经常性互联软件业务方面连续第二个季度实现两位数的内生式销售额增 长。本季度，我们继续审慎地降低成本，使我们全年的总固定成本节省额达到15亿美元。我们的第四季度调整后每股收益为2.07美元，以调整后 基准[1]计与上年持平，高于业绩指引预测范围上限。另外，我们继续专注于现金创收，于本季度实现了170%的调整后自由现金流转换率[2]。全 年营运现金流为62亿美元，转换率为130%，自由现金流为53亿美元，调整后自由现金流转换率为105%[5]。 杜瑞哲说：“霍尼韦尔强劲的资产负债表使我们具备优势，以应对2020年的挑战，同时进行投资以实现未来增长。我们投资于高回报的资本支出，回购了37亿美元的霍尼韦尔股份，完 成了三宗收购事项，在霍尼韦尔创投（Honeywell Ventures）内部投资于六个新项目，并宣布连续第11年实现股息增长。尽管有如此大规模的现 金部署，我们在2020年末仍拥有152亿美元的现金和短期投资。” 公司同时发布了2021年展望。霍尼韦尔预期2021年销售额将在334亿美元至344亿美元区间，相当于内生式同比增长率处于1%至4%的水平；部门利润率增长30个基点至70个基点；每股收益为7.60美元至8.00美元，调整后增幅[3]为7%至13%；营运现金流在57亿美元至61亿美元之间，自由现金流[6]在51亿美元至55亿美元之间。公司的2021年业绩指引概要参见表1。杜瑞哲总结道：“我对霍尼韦尔在2020年的危机中的表现深感自豪。为助力全球复苏，我们迅速地着力于流动性、成本管理及执行，同时快速创新并对包括重要个人防护设备在内的一系列产品扩大生产。我们还继续专注于增长并投资于新市场和新技术。经过连续两个季度的业绩改善，我们以积极的 势头进入了2021年。我相信，我们为迎接经济复苏作好了准备，并将在短期和长期内继续取得让我们的股东、客户和员工满意的业绩。”第4季度 业绩霍尼韦尔第四季度报告销售额和内生式销售额分别下降6%和7%。有关第四季度的具体财务数据请参阅表2和表3。航空航天集团第四季度内生 式销售额下降19%，主要受到航班时间缩减和商用航空原始设备销量下降等因素持续影响，导致商用航空售后市场需求放缓，而防务及航天业务的两位数增长部分抵消了上述不利影响。部门利润率上涨150个基点至27.6%，主要得益于提升生产力的措施和卓越商业运营。智能建筑科技集团第 四季度内生式销售额下降4%，主要由于建筑智能系统项目进度影响以及安防产品及建筑控制系统需求减弱，而商业楼宇消防业务增长部分抵消了 上述不利影响。得益于北美及欧洲的大型项目，建筑智能系统事业部订单实现了两位数的同比增长。部门利润率增加110个基点至21.4%，主要得 益于卓越商业运营和提升生产力的措施。特性材料和技术集团第四季度内生式销售额下降12%，主要由于过程控制部自动化项目的持续延迟，智慧能源和热能解决方案的业务量下降，以及在石油和天然气行业疲软的影响下，UOP的气体加工项目、催化剂交付、技术许可和工程项目等业务量的下降；而高性能材料部受氟产品需求推动业务恢复增长，部分抵消了上述不利影响。受到销售量减少和组合因素的影响，该集团部门利润率降低380个基点至18.7%，而提升生产力的措施部分抵消了这一趋势。安全与生产力解决方案集团第四季度内生式销售额增长27%，主要得益于Intelligrated智能仓储业务和个人防护装备业务取得的两位数增长，以及强劲的生产力解决方案及服务业务。受个人防护装备业务以及生产力解决方案和 服务业务的订单强劲增长推动，订单连续第五个季度实现两位数同比增长。订单储存仍保持在历史高位。得益于提升生产力的措施和销量增加， 部门利润率增加260个基点至15.3%。

Japanese News:
コングロマリットのハネウェル＜HON＞が下落。取引開始前に１０－１２月期決算（第４四半期）を発表し、１株利益は予想範囲内だったものの、売上高が予想を下回った。ガイダンスも公表し、第１四半期、通期とも予想を下回る売上高見通しを示している。 第４四半期の売上高は航空宇宙部門が１５％増となったものの、ビル用防火・セキュリティ製品や倉庫ソリューションの部門が減収となった。 カプールＣＥＯは「オートメーション、航空、エネルギー転換の各分野の需要にけん引され、売上高と利益の成長を加速させる好位置にある」と述べた。 同社はまた、アダムチク会長が退任することから、カプールＣＥＯが６月に会長職も兼務する人事を発表した。 （１０－１２月・第４四半期） ・1株利益（調整後）：2.60ドル（予想：2.59ドル） ・売上高：94.4億ドル（予想：97.0億ドル） 航空宇宙：36.7億ドル（予想：37.1億ドル） 素材＆テクノロジー：30.3億ドル（予想：31.1億ドル） 建設：15.0億ドル（予想：15.4億ドル） 安全・生産性：12.3億ドル（予想：13.2億ドル） ・既存事業売上高：+2％（予想：+5％） ・ＦＣＦ：25.9億ドル（予想：23.1億ドル） （１－３月・第１四半期見通し） ・1株利益（調整後）：2.12～2.22ドル（予想：2.24ドル） ・売上高：89～92億ドル（予想：92.5億ドル） （通期見通し） ・1株利益（調整後）：9.80～10.10ドル（予想：9.96ドル） ・売上高：381～389億ドル（予想：390.1億ドル） ・既存事業売上高：4～6％（予想：+5.5％） ・FCF：56～60億ドル（予想：58.6億ドル）

Spanish News:
El grupo de ingeniería Honeywell se anotó un beneficio de 4.779 millones de dólares (3.938 millones de euros) en el conjunto de 2020, por lo que sus ganancias registraron una contracción del 23,3% en comparación con las contabilizadas durante 2019, según se desprende de las cuentas anuales publicadas este viernes por la empresa. La facturación de Honeywell entre enero y diciembre de 2020 se situó en 32.637 millones de dólares (26.675 millones de euros), lo que equivale a una caída del 11% frente a 2019. Por segmentos de negocio, la división aeroespacial se contrajo un 17,9%, hasta 11.544 millones de dólares (9.514 millones de euros), mientras que la rama de materiales y tecnologías de alto rendimiento se situó en 9.423 millones de dólares (7.766 millones de euros), un 13% menos. La rama de soluciones de seguridad y productividad experimentó un alza en sus ingresos del 6,1%, hasta 6.481 millones de dólares (5.341 millones de euros), al tiempo que la de tecnologías de construcción cayó un 9,2%, hasta 5.189 millones de dólares (4.276 millones de euros). El coste de los servicios y productos vendidos en el conjunto del año pasado fue de 22.169 millones de dólares (18.268 millones de euros), un 9% menos, mientras que los gastos de venta, generales y administrativos fueron de 4.772 millones de dólares (3.932 millones de euros), un 13,5% menos. Con respecto a los datos del cuarto trimestre, Honeywell observó un beneficio neto atribuido de 1.359 millones de dólares (1.120 millones de euros), un 13% menos, tras facturar un 6,3% menos que en el mismo periodo del año anterior, hasta 8.900 millones de dólares (7.334 millones de euros).

Greek News:
Το 2020, η Honeywell πέρασε σημαντικές προκλήσεις και ύφεση. Συγκεκριμένα, οι πωλήσεις της μειώθηκαν κατά 11,1%, πέφτοντας στα $32,6 δισεκατομμύρια σε σχέση με $32,6 δισεκατομμύρια το 2019. Παρόλα αυτά, η εταιρία επέδειξε ικανή χρηματοοικονομική διαχείριση, με στοχευμένες κινήσεις για την ενίσχυση της ρευστότητας και τη διατήρηση της επενδυτικής της δυναμικές, δίνοντας προτεραιότητα στη δημιουργία αξίας για τους μετόχους της. Κατά τη διάρκεια του έτους, η Honeywell αξιοποίησε ευέλικτα τα διαθέσιμα εργαλεία χρηματοδότησης, εξασφαλίζοντας $6 δισεκατομμύρια μέσω Συμφωνίας Δανείου με Καθυστερημένη Εκταμίευση. Το ποσό αυτό εξισορροπήθηκε εν μέρει μέσω δημόσιας έκδοσης Ανώτερων Ομολόγων $3 δισεκατομμυρίων τον Μάιο. Το υπόλοιπο του δανείου εκταμιεύτηκε και εξοφλήθηκε πλήρως εντός του έτους με νέα έκδοση ομολόγων, γεγονός που οδήγησε στη πλήρη εξάλειψη όλων των εκκρεμών δανειακών υποχρεώσεων της εταιρίας στο τέλος του 2020. Στο τέλος του έτους η εταιρία διέθετε $15,2 δισεκατομμύρια σε διαθέσιμα μετρητά, ταμειακά ισοδύναμα και βραχυπρόθεσμες επενδύσεις. Επιπλέον, η Honeywell διέθεσε συνολικά 7,5 δισεκατομμύρια δολάρια για κεφαλαιουχικές δαπάνες, μερίσματα, επαναγορές μετοχών και συγχωνεύσεις-εξαγορές, ποσό που υπερέβη τις λειτουργικές ταμειακές ροές της κατά περίπου 1,3 δισεκατομμύρια δολάρια. Παράλληλα, ενίσχυσε τα διαθέσιμά της και τις επενδύσεις βραχυπρόθεσμου ορίζοντα κατά 4,8 δισεκατομμύρια δολάρια, εξασφαλίζοντας σταθερότητα και επενδυτική ευελιξία εν μέσω αβεβαιότητας.

Question:
What trends can be observed in the company’s revenue amount over the past few years? Please quote the piece(s) of news aligned with the finding(s), if any.

Answer:

Question: What trends can be observed in the company’s revenue amount over the past few years? Please quote the piece(s) of news aligned with the finding(s), if any.

Answer: Honeywell’s total revenue in FY2020 was $32.6B, an 11.1% decrease from $36.7B in FY2019. This decline was driven by both lower product sales from $27.6B to $24.7B and service sales from $9.1B to $7.9B.
News Evidence: Spanish_news: "La facturación de Honeywell entre enero y diciembre de 2020 se situó en 32.637 millones de dólares (26.675 millones de euros), lo que equivale a una caída del 11% frente a 2019." Chinese_news: "公司第四季度报告销售额及内生式销售额分别同比下降6%和7%，全年报告及内生式销售额下降11%。" Greek_news: "Το 2020, η Honeywell πέρασε σημαντικές προκλήσεις και ύφεση. Συγκεκριμένα, οι πωλήσεις της μειώθηκαν κατά 11,1%, πέφτοντας στα $32,6 δισεκατομμύρια σε σχέση με $32,6 δισεκατομμύρια το 2019."

Question: How does the company’s balance sheet reflect its financial health in terms of total amount of current assets and the ratio of total liability divided by total equity? Please provide only the final result(s); do not include any calculation steps. Please quote the piece(s) of news aligned with the finding(s), if any.

Answer: As of FY2020, Honeywell’s current assets were $28.2B, up from $24.3B at the end of FY2019. The total-liability-to-equity ratio of 2.63, up from 2.14, indicating moderately increased leverage.
News Evidence: Chinese_news: "尽管有如此大规模的现金部署，我们在2020年末仍拥有152亿美元的现金和短期投资。" Greek_news: "Στο τέλος του έτους η εταιρία διέθετε $15,2 δισεκατομμύρια σε διαθέσιμα μετρητά, ταμειακά ισοδύναμα και βραχυπρόθεσμες επενδύσεις. "

Question: Are there any significant changes or irregularities in the amount of operating, investing and financing cash flow? Please quote the piece(s) of news aligned with the finding(s), if any.

Answer: In FY2020, Honeywell’s gross margin reduced to $10.5B from $12.4B in FY2019. Net income dropped from $6.2B to $4.9B.
News Evidence: Chinese_news: "全年营运现金流为62亿美元，转换率为130%，自由现金流为53亿美元，调整后自由现金流转换率为105%。"Japanese_news: "・ＦＣＦ：25.9億ドル（予想：23.1億ドル）"

Question: What is the company's R&D ratio (R&D divided by revenue)? Please provide only the final result(s); do not include any calculation steps. Please quote the piece(s) of news aligned with the finding(s), if any.

Answer: None.
News Evidence: None.