霍尼韦尔 2025年度报告

Form 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended December 31, 2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromtoCommission file number 1-8974 Honeywell International Inc. (Exact name of registrant as specified in its charter) Registrant’s telephone number, including area code (704) 627-6200 Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YesNo☐ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. Yes☐No Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90days. YesNo☐ Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit suchfiles). YesNo☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and "emerging growth company" inRule 12b-2 of the Exchange Act. Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ Indicate by check mark whether the Registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internalcontrol over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm thatprepared or issued its audit report. If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the Registrant included in thefiling reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the Registrant’s executive officers during the relevant recovery period pursuant to § 240.10D-1(b).☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐NoThe aggregate market value of the common stock held by non-affiliates of the Registrant was approximately $145.3 billion at June 30, 2025.There were 635,675,701 shares of Common Stock outstanding at January 23, 2026. Documents Incorporated by Reference Part III: Proxy Statement for Annual Meeting of Shareowners to be held May 22, 2026 TABLE OF CONTENTS ORGANIZATION OF OUR ANNUAL REPORT ON FORM 10-K The order and presentation of content in our Annual Report on Form 10-K (Form 10-K) differs from the traditional U.S. Securities andExchange Commission (SEC) Form 10-K format. We believe that our format improves readability and better presents how weorganizeand manage our business. SeeForm 10-K Cross-Reference Indexfor a cross-reference to the traditional SEC Form 10-K format. CAUTIONARY STATEMENT ABOUTFORWARD-LOOKING STATEMENTS We describe many of the trends and other factors that drive our business and future results in the section titledManagement’sDiscussion and Analysis of Financial Condition and Results of Operationsand in other parts of this report (including under the sectiontitledRisk Factors). Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities ExchangeAct of 1934, as amended (the Exchange Act), including statements related to the proposed separation of Honeywell from HoneywellAerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses.Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect,project, believe, or anticipate will or may occur in the future. They are based on management’s assumptions and assessments in light ofpast experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, manyof which are difficult to predict and outside of our control, including Honeywell's current expectations, estimates, and projectionsregarding the proposed separation of Honeywell from Honeywell Aerospace and the planned sal