HON · 10-Q/A · 2026Q2 · Full report

Outstanding Indebtedness

HONEYWELL INTERNATIONAL INC · 2026-07-24 · Importance 61 · Surprise 32 · No source text

Total borrowings were $33.988 billion at June 30, 2026, compared with $34.580 billion at December 31, 2025. Fixed-rate notes increased to $28.577 billion from $25.164 billion, while commercial paper declined to $2.477 billion from $5.892 billion and term loans declined to $2.750 billion from $3.750 billion. Honeywell had $2.75 billion outstanding under its 2025 Term Loan Agreement and no borrowings under its $2.0 billion post-spin-off 364-day facility or $3.0 billion Five-Year Credit Agreement. Moody’s revised Honeywell’s outlook to negative on June 25, 2026, while S&P and Fitch maintained negative and stable outlooks, respectively.

Key facts

• Total borrowings were $34.0 billion as of June 30, 2026 and $34.6 billion as of December 31, 2025. source
• Borrowings breakdown as of June 30, 2026: Fixed rate notes $28,577 million, Commercial paper $2,477 million, Term loans $2,750 million; fair value of hedging instruments $(75) million; debt issuance costs $(347) million; total borrowings $33,988 million. source
• As of June 30, 2026 there were $2.75 billion of borrowings outstanding on the 2025 Term Loan Agreement. source
• Loss on debt extinguishment in the three and six months ended June 30, 2026 was due to debt redemptions and debt tender offers and redemptions, respectively. source

Impact estimates