Stock Analysis on Net

Honeywell International Inc. (NASDAQ:HON)

Balance Sheet: Assets 

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Honeywell International Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel LibreOffice Calc
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Cash and cash equivalents 10,959  14,275  9,067  9,287  7,059 
Short-term investments 564  945  1,349  1,623  3,758 
Accounts receivable, less allowances 6,830  6,827  7,493  7,508  8,866 
Inventories 5,138  4,489  4,421  4,326  4,613 
Other current assets 1,881  1,639  1,973  1,618  1,706 
Current assets 25,372  28,175  24,303  24,362  26,002 
Investments and long-term receivables 1,222  685  588  742  667 
Property, plant and equipment, net 5,562  5,570  5,325  5,296  5,926 
Goodwill 17,756  16,058  15,563  15,546  18,277 
Other intangible assets, net 3,613  3,560  3,734  4,139  4,496 
Insurance recoveries for asbestos related liabilities 322  366  392  437  411 
Deferred income taxes 489  760  86  382  236 
Other assets 10,134  9,412  8,688  6,869  3,372 
Non-current assets 39,098  36,411  34,376  33,411  33,385 
Total assets 64,470  64,586  58,679  57,773  59,387 

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Honeywell International Inc. current assets increased from 2019 to 2020 but then slightly decreased from 2020 to 2021 not reaching 2019 level.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Honeywell International Inc. property, plant and equipment, net increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Honeywell International Inc. non-current assets increased from 2019 to 2020 and from 2020 to 2021.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Honeywell International Inc. total assets increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Honeywell International Inc. cash and cash equivalents increased from 2019 to 2020 but then slightly decreased from 2020 to 2021 not reaching 2019 level.
Short-term investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. Honeywell International Inc. short-term investments decreased from 2019 to 2020 and from 2020 to 2021.
Accounts receivable, less allowances Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Honeywell International Inc. accounts receivable, less allowances decreased from 2019 to 2020 but then slightly increased from 2020 to 2021.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Honeywell International Inc. inventories increased from 2019 to 2020 and from 2020 to 2021.