Honeywell 2010 Annual Report Download - page 57

Download and view the complete annual report

Please find page 57 of the 2010 Honeywell annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 183

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183

Honeywell International Inc.
Consolidated Balance Sheet
December 31,
2010 2009
(Dollars in millions)
ASSETS
Current assets:
Cash and cash equivalents $ 2,650 $ 2,801
Accounts, notes and other receivables 7,068 6,274
Inventories 3,958 3,446
Deferred income taxes 877 1,034
Investments and other current assets 458 381
Total current assets 15,011 13,936
Investments and long-term receivables 616 579
Property, plant and equipment - net 4,840 4,847
Goodwill 11,597 10,494
Other intangible assets - net 2,574 2,174
Insurance recoveries for asbestos related liabilities 825 941
Deferred income taxes 1,218 2,006
Other assets 1,153 1,016
Total assets $ 37,834 $ 35,993
LIABILITIES
Current liabilities:
Accounts payable $ 4,344 $ 3,633
Short-term borrowings 67 45
Commercial paper 299 298
Current maturities of long-term debt 523 1,018
Accrued liabilities 6,484 6,153
Total current liabilities 11,717 11,147
Long-term debt 5,755 6,246
Deferred income taxes 636 542
Postretirement benefit obligations other than pensions 1,477 1,594
Asbestos related liabilities 1,557 1,040
Other liabilities 5,905 6,453
SHAREOWNERS' EQUITY
Capital - common stock issued 958 958
- additional paid-in capital 3,977 3,823
Common stock held in treasury, at cost (8,299) (8,995)
Accumulated other comprehensive income (loss) (1,067) (948)
Retained earnings 15,097 14,023
Total Honeywell shareowners' equity 10,666 8,861
Noncontrolling interest 121 110
Total shareowners' equity 10,787 8,971
Total liabilities and shareowners' equity $ 37,834 $ 35,993
The Notes to Financial Statements are an integral part of this statement.
54