Honeywell 2003 Annual Report Download - page 335

recorded a non-cash adjustment to equity through accumulated other nonowner
changes of $606 million ($956 million on a pretax basis) which increased the
additional minimum pension liability.
Equity market returns and interest rates significantly impact the funded status
of our pension plans. Based on future plan asset performance and interest rates,
additional adjustments to equity might be required.
Long-Lived Assets (including Tangible and Definite-Lived Intangible Assets)
To conduct our global business operations and execute our business strategy, we
acquire tangible and intangible assets. We periodically evaluate the
recoverability of the carrying amount of our long-lived assets (including
property, plant and equipment and definite-lived intangible assets) whenever
events or changes in circumstances indicate that the carrying amount of a
long-lived asset group may not be fully recover-
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