Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Honeywell International Inc., consolidated statement of comprehensive income

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	5,672)	4,967)	5,610)	4,865)	6,230)
Foreign exchange translation adjustment	(274)	(372)	302)	(211)	143)
Actuarial gains (losses) recognized	(468)	(452)	256)	91)	162)
Prior service credit recognized	—)	—)	7)	47)	1)
Prior service credit recognized during year	(48)	(64)	(87)	(82)	(79)
Actuarial (gains) losses recognized during year	118)	454)	5)	41)	16)
Foreign exchange translation and other	(9)	(171)	5)	(23)	(14)
Pensions and other postretirement benefit adjustments	(407)	(233)	186)	74)	86)
Changes in fair value of available for sale investments	5)	(8)	(3)	4)	—)
Cash flow hedges recognized in other comprehensive income	60)	71)	17)	10)	103)
Reclassification adjustment for (gains) losses included in net income	(49)	(56)	(20)	(54)	(92)
Changes in fair value of cash flow hedges	11)	15)	(3)	(44)	11)
Other comprehensive income (loss), net of tax	(665)	(598)	482)	(177)	240)
Comprehensive income	5,007)	4,369)	6,092)	4,688)	6,470)
Comprehensive (income) loss attributable to the noncontrolling interest	(9)	17)	(64)	(89)	(82)
Comprehensive income attributable to Honeywell	4,998)	4,386)	6,028)	4,599)	6,388)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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Comprehensive income item	Description	The company
Net income attributable to Honeywell	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Honeywell International Inc. net income attributable to Honeywell decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Comprehensive income attributable to Honeywell	Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners.	Honeywell International Inc. comprehensive income attributable to Honeywell decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.

Honeywell International Inc. (NASDAQ:HON)

Statement of Comprehensive Income