NASDAQ: HONA
Honeywell Aerospace Inc.CIK 0002089271 · SIC 3724 · Aircraft Engines & Parts
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Latest financial statements
From 10-Q filed Aug 5, 2026 (period ending Jun 27, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Statements of Operations (Unaudited)
(Dollars in millions)
| Description | Three months ended June 27, 2026 | Three months ended June 28, 2025 | Six months ended June 27, 2026 | Six months ended June 28, 2025 |
|---|---|---|---|---|
| Product sales | 2,611 | 2,425 | 5,033 | 4,658 |
| Service sales | 1,911 | 1,864 | 3,841 | 3,705 |
| Net sales | 4,522 | 4,289 | 8,874 | 8,363 |
| Costs, expenses and other | ||||
| Cost of products sold | 1,988 | 1,837 | 3,820 | 3,472 |
| Cost of services sold | 953 | 888 | 1,843 | 1,804 |
| Total cost of products and services sold | 2,941 | 2,725 | 5,663 | 5,276 |
| Research and development expenses | 183 | 167 | 370 | 334 |
| Selling, general and administrative expenses | 722 | 383 | 1,286 | 748 |
| Other expense, net | 98 | 14 | 148 | 72 |
| Interest and other financial charges | 200 | — | 229 | — |
| Total costs, expenses and other | 4,144 | 3,289 | 7,696 | 6,430 |
| Income before taxes | 378 | 1,000 | 1,178 | 1,933 |
| Income tax expense | 122 | 148 | 280 | 295 |
| Net income | 256 | 852 | 898 | 1,638 |
| Less: Net income attributable to noncontrolling interests | 10 | 8 | 18 | 17 |
| Net income attributable to Aerospace | 246 | 844 | 880 | 1,621 |
Balance Sheets (Unaudited)
(Dollars in millions)
| Description | June 27, 2026 | December 31, 2025 |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | 1,057 | 213 |
| Accounts receivable, less allowances of $40 and $33, respectively | 2,462 | 2,156 |
| Inventories | 4,466 | 4,311 |
| Current contract assets | 1,412 | 1,366 |
| Other current assets | 446 | 344 |
| Total current assets | 9,843 | 8,390 |
| Property, plant and equipment, net | 2,250 | 2,101 |
| Goodwill | 3,014 | 3,025 |
| Other intangible assets, net | 2,200 | 2,177 |
| Deferred tax assets | 381 | 412 |
| Other assets | 1,683 | 1,580 |
| Total assets | 19,371 | 17,685 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | 2,793 | 2,883 |
| Current contract liabilities | 1,595 | 1,589 |
| Accrued liabilities | 2,063 | 2,105 |
| Total current liabilities | 6,451 | 6,577 |
| Long-term debt | 15,849 | 4 |
| Contract liabilities | 1,107 | 1,091 |
| Other liabilities | 1,587 | 1,517 |
| Total liabilities | 24,994 | 9,189 |
| EQUITY | ||
| Net Parent investment | (5,487) | 8,609 |
| Accumulated other comprehensive loss | (210) | (210) |
| Total (deficit) equity attributable to Aerospace | (5,697) | 8,399 |
| Noncontrolling interests | 74 | 97 |
| Total (deficit) equity | (5,623) | 8,496 |
| Total liabilities and (deficit) equity | 19,371 | 17,685 |
Statements of Cash Flows (Unaudited)
(Dollars in millions)
| Description | Six months ended June 27, 2026 | Six months ended June 28, 2025 |
|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income | 898 | 1,638 |
| Adjustments to reconcile net income to net cash provided by operating activities | ||
| Depreciation | 145 | 134 |
| Amortization | 88 | 78 |
| Stock compensation expense | 61 | 46 |
| Deferred income taxes | 36 | (129) |
| Other | (54) | 23 |
| Changes in assets and liabilities | ||
| Accounts receivable | (365) | (211) |
| Inventories | (165) | (267) |
| Contract assets | (48) | (27) |
| Other assets | (85) | 38 |
| Accounts payable | (133) | (70) |
| Contract liabilities | 29 | (81) |
| Other liabilities | (61) | (147) |
| Net cash provided by operating activities | 346 | 1,025 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Capital expenditures | (260) | (234) |
| Increase in investments, net | (5) | (1) |
| Amounts advanced for related party loans receivable | (7) | (7) |
| Payments received from related party loans receivable | 51 | — |
| Net cash used for investing activities | (221) | (242) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from issuance of long-term debt | 15,843 | — |
| Net transfers to Parent | (15,087) | (602) |
| Other | (12) | (25) |
| Net cash provided by (used for) financing activities | 744 | (627) |
| Effect of foreign exchange rate changes on cash and cash equivalents | (25) | 19 |
| Net increase in cash and cash equivalents | 844 | 175 |
| Cash and cash equivalents at beginning of period | 213 | 244 |
| Cash and cash equivalents at end of period | 1,057 | 419 |
Amounts as printed on the EDGAR/iXBRL face — (Dollars in millions). Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗