HONEYWELL INTERNATIONAL INC 10-Q form for quarterly period ended 2024-03-31, page 3: 
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PART I. FINANCIAL INFORMATION

The financial statements and related notes as of March 31, 2024, should be read in conjunction with the financial statements for the year ended December 31, 2023, contained in the Company's 2023 Annual Report on Form 10-K.

FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA


HONEYWELL INTERNATIONAL INC.


CONSOLIDATED STATEMENT OF OPERATIONS

(Unaudited)
|    |                                                          |                              |      |                                                 |       |       |    |       |
|---:|:---------------------------------------------------------|:-----------------------------|:-----|:------------------------------------------------|:------|:------|:---|:------|
|  1 |                                                          | Three Months Ended March 31, |      |                                                 |       |       |    |       |
|  2 |                                                          |                              | 2024 |                                                 | 2023  |       |    |       |
|  3 |                                                          |                              |      | (Dollars in millions, except per share amounts) |       |       |    |       |
|  4 | Product sales                                            |                              |      | $                                               | 6,263 |       | $  | 6,310 |
|  5 | Service sales                                            |                              |      | 2,842                                           |       | 2,554 |    |       |
|  6 | Net sales                                                |                              |      | 9,105                                           |       | 8,864 |    |       |
|  7 | Costs, expenses and other                                |                              |      |                                                 |       |       |    |       |
|  8 | Cost of products sold                                    |                              |      | 4,035                                           |       | 4,068 |    |       |
|  9 | Cost of services sold                                    |                              |      | 1,548                                           |       | 1,430 |    |       |
| 10 | Total Cost of products and services sold                 |                              |      | 5,583                                           |       | 5,498 |    |       |
| 11 | Research and development expenses                        |                              |      | 360                                             |       | 357   |    |       |
| 12 | Selling, general and administrative expenses             |                              |      | 1,302                                           |       | 1,317 |    |       |
| 13 | Other (income) expense                                   |                              |      | (231)                                           |       | (260) |    |       |
| 14 | Interest and other financial charges                     |                              |      | 220                                             |       | 170   |    |       |
| 15 | Total costs, expenses and other                          |                              |      | 7,234                                           |       | 7,082 |    |       |
| 16 | Income before taxes                                      |                              |      | 1,871                                           |       | 1,782 |    |       |
| 17 | Tax expense                                              |                              |      | 396                                             |       | 374   |    |       |
| 18 | Net income                                               |                              |      | 1,475                                           |       | 1,408 |    |       |
| 19 | Less: Net income attributable to noncontrolling interest |                              |      | 12                                              |       | 14    |    |       |
| 20 | Net income attributable to Honeywell                     |                              |      | $                                               | 1,463 |       | $  | 1,394 |
| 21 | Earnings per share of common stock-basic                 |                              |      | $                                               | 2.24  |       | $  | 2.09  |
| 22 | Earnings per share of common stock-assuming dilution     |                              |      | $                                               | 2.23  |       | $  | 2.07  |

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


3    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: Could you provide the EBITDA Margin for Honeywell International Inc. for the three-month period ending March 31, 2024?
Answer: The EBITDA Margin for Honeywell International Inc. for the three months ended March 31, 2024, is calculated as follows:
EBITDA Margin = (EBITDA / Net Sales) * 100
EBITDA = Operating Profit + Depreciation + Amortization
Operating Profit = $1,860 million
Depreciation = $166 million
Amortization = $125 million
EBITDA = $1,860 million + $166 million + $125 million = $2,151 million
EBITDA Margin = (2,151 / 9,105) * 100 = 23.62%