Honeywell International Inc.
Honeywell International Inc. Recasts Historical Segment Information
Summary
Honeywell International Inc. has recast its historical segment information as previously disclosed and reflected in its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2024. Effective the first quarter of 2024, the Company realigned its business units into two new segments: Industrial Automation and Energy and Sustainability Solutions, and renamed two other segments. This realignment has not affected the Company's historical consolidated financial position, results of operations, or cash flows.
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About Honeywell International Inc.
Honeywell International Inc. is a diversified technology and manufacturing corporation, operating globally across various sectors. Its primary function is to provide innovative solutions in aerospace products and services, building technologies, performance materials, and safety and productivity solutions. Honeywell is renowned for its cutting-edge advancements in thermal systems, automation control, and industrial cybersecurity, supplying essential components across residential, commercial, and industrial domains. In the aerospace sector, Honeywell is instrumental in developing technologies for aircraft engines, cockpit systems, and manufacturing efficiency for both commercial and military clients. In building technologies, it focuses on energy-efficient solutions and smart building systems that enhance safety and comfort. Its performance materials division delivers high-performance materials essential for advanced manufacturing, including specialty chemicals and plastics. The safety and productivity solutions expand into workflow efficiency, offering software and hardware that enhance operational processes in various industries. Positioned as a key player in industrial innovation, Honeywell International Inc. significantly impacts wide-ranging industries, enhancing economic growth and sustainability through its strategic technological advancements. The company's global reach underscores its influence and importance in modern manufacturing and technology ecosystems.
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