HONEYWELL INTERNATIONAL INC 10-Q form for quarterly period ended 2024-03-31, page 5: 
TABLE OF CONTENTS



HONEYWELL INTERNATIONAL INC.


CONSOLIDATED BALANCE SHEET

(Unaudited)
|    |                                                                               |                       |        |                   |          |    |        |
|---:|:------------------------------------------------------------------------------|:----------------------|:-------|:------------------|:---------|:---|:-------|
|  1 |                                                                               | March 31, 2024        |        | December 31, 2023 |          |    |        |
|  2 |                                                                               | (Dollars in millions) |        |                   |          |    |        |
|  3 | ASSETS                                                                        |                       |        |                   |          |    |        |
|  4 | Current assets                                                                |                       |        |                   |          |    |        |
|  5 | Cash and cash equivalents                                                     | $                     | 11,756 |                   |          | $  | 7,925  |
|  6 | Short-term investments                                                        | 249                   |        |                   | 170      |    |        |
|  7 | Accounts receivable, less allowances of $324 and $323, respectively           | 7,476                 |        |                   | 7,530    |    |        |
|  8 | Inventories                                                                   | 6,318                 |        |                   | 6,178    |    |        |
|  9 | Other current assets                                                          | 1,635                 |        |                   | 1,699    |    |        |
| 10 | Total current assets                                                          | 27,434                |        |                   | 23,502   |    |        |
| 11 | Investments and long-term receivables                                         | 975                   |        |                   | 939      |    |        |
| 12 | Property, plant and equipment-net                                             | 5,698                 |        |                   | 5,660    |    |        |
| 13 | Goodwill                                                                      | 17,985                |        |                   | 18,049   |    |        |
| 14 | Other intangible assets-net                                                   | 3,136                 |        |                   | 3,231    |    |        |
| 15 | Insurance recoveries for asbestos-related liabilities                         | 164                   |        |                   | 170      |    |        |
| 16 | Deferred income taxes                                                         | 374                   |        |                   | 392      |    |        |
| 17 | Other assets                                                                  | 9,879                 |        |                   | 9,582    |    |        |
| 18 | Total assets                                                                  | $                     | 65,645 |                   |          | $  | 61,525 |
| 19 | LIABILITIES                                                                   |                       |        |                   |          |    |        |
| 20 | Current liabilities                                                           |                       |        |                   |          |    |        |
| 21 | Accounts payable                                                              | $                     | 6,468  |                   |          | $  | 6,849  |
| 22 | Commercial paper and other short-term borrowings                              | 1,819                 |        |                   | 2,085    |    |        |
| 23 | Current maturities of long-term debt                                          | 1,254                 |        |                   | 1,796    |    |        |
| 24 | Accrued liabilities                                                           | 6,947                 |        |                   | 7,809    |    |        |
| 25 | Total current liabilities                                                     | 16,488                |        |                   | 18,539   |    |        |
| 26 | Long-term debt                                                                | 22,183                |        |                   | 16,562   |    |        |
| 27 | Deferred income taxes                                                         | 2,063                 |        |                   | 2,094    |    |        |
| 28 | Postretirement benefit obligations other than pensions                        | 129                   |        |                   | 134      |    |        |
| 29 | Asbestos-related liabilities                                                  | 1,467                 |        |                   | 1,490    |    |        |
| 30 | Other liabilities                                                             | 6,263                 |        |                   | 6,265    |    |        |
| 31 | Redeemable noncontrolling interest                                            | 7                     |        |                   | 7        |    |        |
| 32 | SHAREOWNERS' EQUITY                                                           |                       |        |                   |          |    |        |
| 33 | Capital-common stock issued                                                   | 958                   |        |                   | 958      |    |        |
| 34 | -additional paid-in capital                                                   | 9,353                 |        |                   | 9,062    |    |        |
| 35 | Common stock held in treasury, at cost                                        | (38,544)              |        |                   | (38,008) |    |        |
| 36 | Accumulated other comprehensive income (loss)                                 | (4,048)               |        |                   | (4,135)  |    |        |
| 37 | Retained earnings                                                             | 48,735                |        |                   | 47,979   |    |        |
| 38 | Total Honeywell shareowners' equity                                           | 16,454                |        |                   | 15,856   |    |        |
| 39 | Noncontrolling interest                                                       | 591                   |        |                   | 578      |    |        |
| 40 | Total shareowners' equity                                                     | 17,045                |        |                   | 16,434   |    |        |
| 41 | Total liabilities, redeemable noncontrolling interest and shareowners' equity | $                     | 65,645 |                   |          | $  | 61,525 |

The Notes to Consolidated Financial Statements are an integral part of this statement.


5    Honeywell International Inc.





, HONEYWELL INTERNATIONAL INC 10-Q form for quarterly period ended 2024-03-31, page 6: 
TABLE OF CONTENTS



HONEYWELL INTERNATIONAL INC.


CONSOLIDATED STATEMENT OF CASH FLOWS

(Unaudited)
|    |                                                                                                                       |                              |        |      |         |    |       |
|---:|:----------------------------------------------------------------------------------------------------------------------|:-----------------------------|:-------|:-----|:--------|:---|:------|
|  1 |                                                                                                                       | Three Months Ended March 31, |        |      |         |    |       |
|  2 |                                                                                                                       | 2024                         |        | 2023 |         |    |       |
|  3 |                                                                                                                       | (Dollars in millions)        |        |      |         |    |       |
|  4 | Cash flows from operating activities                                                                                  |                              |        |      |         |    |       |
|  5 | Net income                                                                                                            | $                            | 1,475  |      |         | $  | 1,408 |
|  6 | Less: Net income attributable to noncontrolling interest                                                              | 12                           |        |      | 14      |    |       |
|  7 | Net income attributable to Honeywell                                                                                  | 1,463                        |        |      | 1,394   |    |       |
|  8 | Adjustments to reconcile net income attributable to Honeywell to net cash provided by (used for) operating activities |                              |        |      |         |    |       |
|  9 | Depreciation                                                                                                          | 166                          |        |      | 161     |    |       |
| 10 | Amortization                                                                                                          | 125                          |        |      | 122     |    |       |
| 12 | Repositioning and other charges                                                                                       | 93                           |        |      | 141     |    |       |
| 13 | Net payments for repositioning and other charges                                                                      | (124)                        |        |      | (41)    |    |       |
| 14 | NARCO Buyout payment                                                                                                  | -                            |        |      | (1,325) |    |       |
| 15 | Pension and other postretirement income                                                                               | (151)                        |        |      | (136)   |    |       |
| 16 | Pension and other postretirement benefit payments                                                                     | (8)                          |        |      | (15)    |    |       |
| 17 | Stock compensation expense                                                                                            | 53                           |        |      | 59      |    |       |
| 18 | Deferred income taxes                                                                                                 | 3                            |        |      | 225     |    |       |
| 20 | Other                                                                                                                 | (163)                        |        |      | (350)   |    |       |
| 21 | Changes in assets and liabilities, net of the effects of acquisitions and divestitures                                |                              |        |      |         |    |       |
| 22 | Accounts receivable                                                                                                   | 53                           |        |      | (422)   |    |       |
| 23 | Inventories                                                                                                           | (140)                        |        |      | (238)   |    |       |
| 24 | Other current assets                                                                                                  | 64                           |        |      | 110     |    |       |
| 25 | Accounts payable                                                                                                      | (381)                        |        |      | 114     |    |       |
| 26 | Accrued liabilities                                                                                                   | (605)                        |        |      | (583)   |    |       |
| 27 | Net cash provided by (used for) operating activities                                                                  | 448                          |        |      | (784)   |    |       |
| 28 | Cash flows from investing activities                                                                                  |                              |        |      |         |    |       |
| 29 | Capital expenditures                                                                                                  | (233)                        |        |      | (193)   |    |       |
| 30 | Proceeds from disposals of property, plant and equipment                                                              | -                            |        |      | 11      |    |       |
| 31 | Increase in investments                                                                                               | (238)                        |        |      | (226)   |    |       |
| 32 | Decrease in investments                                                                                               | 155                          |        |      | 386     |    |       |
| 34 | Receipts (payments) from settlements of derivative contracts                                                          | 43                           |        |      | (7)     |    |       |
| 37 | Net cash used for investing activities                                                                                | (273)                        |        |      | (29)    |    |       |
| 38 | Cash flows from financing activities                                                                                  |                              |        |      |         |    |       |
| 39 | Proceeds from issuance of commercial paper and other short-term borrowings                                            | 2,223                        |        |      | 4,105   |    |       |
| 40 | Payments of commercial paper and other short-term borrowings                                                          | (2,470)                      |        |      | (3,294) |    |       |
| 41 | Proceeds from issuance of common stock                                                                                | 144                          |        |      | 37      |    |       |
| 42 | Proceeds from issuance of long-term debt                                                                              | 5,710                        |        |      | -       |    |       |
| 43 | Payments of long-term debt                                                                                            | (573)                        |        |      | (1,363) |    |       |
| 44 | Repurchases of common stock                                                                                           | (671)                        |        |      | (699)   |    |       |
| 45 | Cash dividends paid                                                                                                   | (703)                        |        |      | (725)   |    |       |
| 46 | Other                                                                                                                 | 36                           |        |      | (34)    |    |       |
| 47 | Net cash provided by (used for) financing activities                                                                  | 3,696                        |        |      | (1,973) |    |       |
| 48 | Effect of foreign exchange rate changes on cash and cash equivalents                                                  | (40)                         |        |      | 28      |    |       |
| 49 | Net increase (decrease) in cash and cash equivalents                                                                  | 3,831                        |        |      | (2,758) |    |       |
| 50 | Cash and cash equivalents at beginning of period                                                                      | 7,925                        |        |      | 9,627   |    |       |
| 51 | Cash and cash equivalents at end of period                                                                            | $                            | 11,756 |      |         | $  | 6,869 |

The Notes to Consolidated Financial Statements are an integral part of this statement.


6    Honeywell International Inc.







Question: What is Honeywell International Inc.’s Operating Cash Flow Ratio for Q1 2024?
Answer: The Operating Cash Flow Ratio for Honeywell International Inc. for the three months ended March 31, 2024, is calculated as follows:
Operating Cash Flow Ratio = Operating Cash Flow / Current Liabilities
Operating Cash Flow = $448 million
Current Liabilities = $16,488 million
Operating Cash Flow Ratio = 448 / 16,488 = 0.03