HON · 10-Q · 2026Q3 · Full report

Aerospace Spin-Off

HONEYWELL INTERNATIONAL INC · 2026-10-22 · Importance 71 · Surprise 60

Honeywell completed the Aerospace Spin-Off on June 29, 2026, distributing one Honeywell Aerospace share for every two Honeywell Technologies shares held as of June 15, 2026. After completion, Honeywell Technologies retained no beneficial ownership of Honeywell Aerospace and stopped consolidating Aerospace in its financial results. Aerospace’s historical results are reported as discontinued operations under GAAP, and Honeywell now manages three reportable segments: Building Automation, Process Automation and Technology, and Industrial Automation. The transaction also included a $15,835 million pre-separation funding transfer and a $1,000 million Spin-Off cash payment during the first nine months of 2026.

Key facts

• The Aerospace Spin-Off was completed on June 29, 2026. source
• Each Honeywell Technologies shareowner received one share of Honeywell Aerospace common stock for every two shares of Honeywell Technologies common stock held of record as of the close of business on June 15, 2026 in the Aerospace Spin-Off. source
• After the Aerospace Spin-Off, Honeywell Technologies does not beneficially own any shares of Honeywell Aerospace common stock and no longer consolidates Honeywell Aerospace into its financial results. source
• Following the Aerospace Spin-Off, Honeywell reports through three reportable business segments: Building Automation, Process Automation and Technology, and Industrial Automation. source