Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Honeywell International Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Accounts payable	7,314)	7,111)	6,734)	6,880)	6,640)	6,470)	6,468)	6,849)	6,428)	6,445)	6,443)	6,329)	6,118)	6,245)	6,285)	6,484)	6,116)	6,139)	5,792)	5,750)	5,270)	5,366)	5,676)
Commercial paper and other short-term borrowings	6,873)	6,271)	5,756)	4,273)	3,135)	4,548)	1,819)	2,085)	1,933)	2,828)	3,555)	2,717)	3,434)	3,487)	3,526)	3,542)	3,559)	3,573)	3,568)	3,597)	3,550)	3,531)	3,528)
Current maturities of long-term debt	72)	74)	1,332)	1,347)	1,760)	2,519)	1,254)	1,796)	1,670)	945)	937)	1,730)	1,315)	3,099)	3,207)	1,803)	3,344)	1,645)	1,635)	2,445)	985)	967)	1,042)
Accrued liabilities	8,380)	8,163)	7,849)	8,348)	7,566)	7,507)	6,947)	7,809)	7,196)	6,956)	6,961)	9,162)	7,242)	7,116)	7,009)	7,679)	7,188)	6,786)	6,955)	7,405)	7,379)	7,477)	7,131)
Liabilities held for sale	—)	—)	400)	408)	433)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Current liabilities	22,639)	21,619)	22,071)	21,256)	19,534)	21,044)	16,488)	18,539)	17,227)	17,174)	17,896)	19,938)	18,109)	19,947)	20,027)	19,508)	20,207)	18,143)	17,950)	19,197)	17,184)	17,341)	17,377)
Long-term debt, excluding current maturities	30,092)	30,167)	25,744)	25,479)	25,934)	20,865)	22,183)	16,562)	16,683)	17,600)	14,670)	15,123)	12,236)	12,491)	12,636)	14,254)	14,346)	16,138)	16,124)	16,342)	17,687)	17,591)	11,542)
Deferred income taxes	1,900)	1,894)	1,750)	1,787)	2,077)	2,137)	2,063)	2,094)	2,225)	2,262)	2,303)	2,093)	2,406)	2,421)	2,387)	2,364)	2,372)	2,302)	2,309)	2,113)	1,474)	1,461)	1,670)
Postretirement benefit obligations other than pensions	105)	109)	110)	112)	122)	126)	129)	134)	131)	133)	137)	146)	203)	212)	220)	208)	225)	225)	234)	242)	309)	317)	314)
Asbestos-related liabilities	1,369)	1,243)	1,283)	1,325)	1,422)	1,444)	1,467)	1,490)	1,102)	1,128)	1,154)	1,180)	1,693)	1,780)	1,807)	1,800)	1,765)	1,819)	1,873)	1,920)	1,845)	1,894)	1,948)
Other liabilities	7,058)	6,733)	6,229)	6,076)	6,422)	6,196)	6,263)	6,265)	6,146)	6,139)	6,201)	6,469)	7,303)	7,210)	7,217)	7,087)	7,155)	7,109)	6,812)	6,975)	6,640)	6,627)	6,699)
Noncurrent liabilities	40,524)	40,146)	35,116)	34,779)	35,977)	30,768)	32,105)	26,545)	26,287)	27,262)	24,465)	25,011)	23,841)	24,114)	24,267)	25,713)	25,863)	27,593)	27,352)	27,592)	27,955)	27,890)	22,173)
Total liabilities	63,163)	61,765)	57,187)	56,035)	55,511)	51,812)	48,593)	45,084)	43,514)	44,436)	42,361)	44,949)	41,950)	44,061)	44,294)	45,221)	46,070)	45,736)	45,302)	46,789)	45,139)	45,231)	39,550)
Redeemable noncontrolling interest	7)	7)	7)	7)	7)	7)	7)	7)	7)	7)	7)	7)	7)	7)	7)	7)	7)	7)	7)	7)	7)	7)	7)
Common stock issued	958)	958)	958)	958)	958)	958)	958)	958)	958)	958)	958)	958)	958)	958)	958)	958)	958)	958)	958)	958)	958)	958)	958)
Additional paid-in capital	9,941)	10,048)	9,943)	9,695)	9,554)	9,495)	9,353)	9,062)	8,905)	8,866)	8,774)	8,564)	8,460)	8,397)	8,326)	8,141)	7,612)	7,566)	7,505)	7,292)	7,155)	7,104)	7,047)
Common stock held in treasury, at cost	(42,982)	(42,897)	(41,200)	(39,378)	(38,989)	(39,007)	(38,544)	(38,008)	(36,507)	(35,510)	(35,072)	(34,443)	(33,182)	(32,814)	(31,420)	(30,462)	(29,614)	(28,978)	(27,975)	(27,229)	(25,806)	(25,685)	(25,643)
Accumulated other comprehensive loss	(4,639)	(4,413)	(3,788)	(3,491)	(4,404)	(4,075)	(4,048)	(4,135)	(3,551)	(3,611)	(3,538)	(3,475)	(3,296)	(2,883)	(2,787)	(2,895)	(3,193)	(3,075)	(3,184)	(3,377)	(3,436)	(3,310)	(3,353)
Retained earnings	53,504)	52,399)	51,550)	50,835)	50,287)	49,576)	48,735)	47,979)	47,426)	46,596)	45,797)	45,093)	44,767)	43,883)	43,288)	42,827)	42,079)	41,467)	40,682)	39,905)	39,203)	39,080)	38,635)
Total Honeywell shareowners’ equity	16,782)	16,095)	17,463)	18,619)	17,406)	16,947)	16,454)	15,856)	17,231)	17,299)	16,919)	16,697)	17,707)	17,541)	18,365)	18,569)	17,842)	17,938)	17,986)	17,549)	18,074)	18,147)	17,644)
Noncontrolling interest	965)	552)	561)	535)	568)	563)	591)	578)	544)	595)	596)	622)	623)	649)	686)	673)	272)	264)	266)	241)	239)	219)	221)
Total shareowners’ equity	17,747)	16,647)	18,024)	19,154)	17,974)	17,510)	17,045)	16,434)	17,775)	17,894)	17,515)	17,319)	18,330)	18,190)	19,051)	19,242)	18,114)	18,202)	18,252)	17,790)	18,313)	18,366)	17,865)
Total liabilities, redeemable noncontrolling interest and shareowners’ equity	80,917)	78,419)	75,218)	75,196)	73,492)	69,329)	65,645)	61,525)	61,296)	62,337)	59,883)	62,275)	60,287)	62,258)	63,352)	64,470)	64,191)	63,945)	63,561)	64,586)	63,459)	63,604)	57,422)

Accounts Payable: The accounts payable balance demonstrates fluctuations over the examined period with a general upward trend from approximately $5.7 billion in early 2020 to over $7.3 billion by late 2025. This suggests growing liabilities towards suppliers, potentially linked to increased business operations or inflationary pressures.
Commercial Paper and Other Short-term Borrowings: This item remains relatively stable around $3.5 billion through the majority of 2020 and 2021, followed by volatility and a significant rise starting mid-2023, reaching nearly $6.9 billion by late 2025. This pattern may reflect shifting short-term financing strategies or cash management adjustments.
Current Maturities of Long-term Debt: Current maturities fluctuate significantly, spiking notably at the end of 2020 and again in 2021, then showing periods of reduction. By 2025, the values diminish sharply, possibly indicating scheduled debt repayments or refinancing activities.
Accrued Liabilities: Accrued liabilities generally rise over the timeline, increasing from around $7.1 billion in early 2020 to approximately $8.3 billion in late 2025. This upward movement points towards growing obligations that have been incurred but not yet paid, consistent with operational expansions or inflationary effects.
Current Liabilities: Current liabilities show volatility but maintain a broad range between $17.3 billion and $22.6 billion. Peaks coincide with periods of increased payables and borrowings, reflecting operational cycles and short-term financing changes.
Long-term Debt, Excluding Current Maturities: Long-term debt experiences fluctuations, initially rising sharply from around $11.5 billion to a peak near $17.6 billion in 2020-2021, followed by a decline through 2022, and thereafter a steady increase reaching upwards of $30 billion by late 2025. This pattern may indicate debt restructuring, issuance, and refinancing activities aligned with capital expenditure or strategic initiatives.
Deferred Income Taxes: Deferred income taxes remain relatively stable, hovering between $1.4 billion and $2.3 billion, without significant directional trends, implying consistent tax timing differences over the period.
Postretirement Benefit Obligations Other Than Pensions: This liability decreases gradually from $314 million in early 2020 to $105 million by late 2025, reflecting possible settlements, benefit reductions, or actuarial adjustments reducing these obligations over time.
Asbestos-related Liabilities: Asbestos-related liabilities demonstrate a general declining trend from $1.9 billion in early 2020 to about $1.3 billion by late 2025, interrupted by a temporary increase in 2023. This suggests ongoing resolution or settlement of legacy legal obligations.
Other Liabilities: Other liabilities remain fairly stable in a band between $6.1 billion and $7.2 billion, with minor fluctuations, indicating consistent secondary obligations not classified elsewhere.
Noncurrent Liabilities: Noncurrent liabilities decrease from nearly $28 billion in early 2020 to approximately $24 billion by 2021-2022, then increase substantially to over $40 billion by late 2025. This significant rise may be related to increased long-term borrowing or deferred liabilities.
Total Liabilities: Total liabilities exhibit variability with an overall increasing trajectory, starting at about $39.6 billion and rising to over $63 billion by the end of the period. This reflects expanded leverage and liabilities over time.
Redeemable Noncontrolling Interest: This figure remains constant and negligible at $7 million throughout the period, indicating minimal impact on the capital structure.
Common Stock Issued: Common stock issued remains steady at $958 million, signaling no new common stock issuances during the period.
Additional Paid-in Capital: Additional paid-in capital shows a steady increase from approximately $7 billion to nearly $10 billion, suggesting ongoing equity injections or compensation-related equity increases.
Common Stock Held in Treasury, at Cost: Treasury stock holdings increase in cost (-$25.6 billion to -$42.9 billion), indicating substantial share repurchases over time that reduce outstanding equity.
Accumulated Other Comprehensive Loss: This loss widens from -$3.3 billion to -$4.6 billion, indicating increasing unrealized losses or other comprehensive expense items affecting equity negatively.
Retained Earnings: Retained earnings consistently increase from $38.6 billion to $53.5 billion, reflecting accumulated profits retained within the company despite increased liabilities and treasury stock levels.
Total Honeywell Shareowners’ Equity: Overall shareholders’ equity fluctuates, with a decline from $17.6 billion in early 2020 to lows near $15.9 billion in late 2023, followed by modest recovery to around $16.8 billion by late 2025. This includes the effects of treasury stock repurchases and comprehensive losses offsetting retained earnings growth.
Noncontrolling Interest: Noncontrolling interests vary moderately between $219 million and $965 million, contributing a small but growing component to total equity.
Total Shareowners’ Equity: Total equity shows moderate variation from $17.9 billion to $17.7 billion through the period, reflecting the interplay of retained earnings, treasury stock, and accumulated other comprehensive income.
Total Liabilities, Redeemable Noncontrolling Interest, and Shareowners’ Equity: The sum of liabilities and equity fluctuates between approximately $57.4 billion and $80.9 billion, showing overall growth consistent with expansion in liabilities and equity components.

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Honeywell International Inc. (NASDAQ:HON)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data