Honeywell International Inc. - S&P Global Ratings’ Credit Research

Honeywell International Inc.

Honeywell International Inc. - S&P Global Ratings’ Credit Research
Honeywell International Inc.
Published Aug 10, 2010
4402 words — Published Aug 10, 2010
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Leading business positions in a majority of markets; Good operating diversity; Recent progress on reducing funded debt and contributing stock to pension plans; and Strong free cash flow generation. Cyclical end markets; and Still-sizable underfunded pension and other postretirement benefit obligations. The ratings on Morris Township, N.J.-based Honeywell International Inc. reflect its strong business risk profile and modest financial risk profile, although credit measures are somewhat weak relative to our expectations for the current ratings. Standard&Poor's Ratings Services expects the company's revenues to increase moderately (about 5%) in 2010 as broader economic conditions improve. This should help return adjusted funds from operations (FFO) to total debt toward our expected range of 45% to 50% from recent levels of

  
Brief Excerpt:

RESEARCH Honeywell International Inc. Publication date: 10-Aug-2010 Primary Credit Analyst: Dan Picciotto, CFA, New York (1) 212-438-7894; dan_picciotto@standardandpoors.com Secondary Credit Analyst: Gregoire Buet, New York (1) 212-438-4122;...

  
Report Type:

Full Report

Ticker
HON
Issuer
Honeywell International Inc.
GICS
Industrial Conglomerates (20105010)
Sector
Global Issuers , Structured Finance
Country
United States
Region
United States
Format:
HTML HTML
Buy Now

Summary: Honeywell International Inc. – 2011/02/14 – US$ 225.00

Honeywell International Inc. – 2011/08/04 – US$ 500.00

Summary: Honeywell International Inc. – 2011/08/04 – US$ 225.00

Summary: Honeywell International Inc. – 2012/02/06 – US$ 225.00

Summary: Honeywell International Inc. – 2010/08/10 – US$ 225.00

Honeywell International Inc. – 2010/02/22 – US$ 500.00

Summary: Honeywell International Inc. – 2010/02/22 – US$ 225.00

Summary: Honeywell International Inc. – 2009/08/06 – US$ 225.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Honeywell International Inc." Aug 10, 2010. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Honeywell-International-Inc-813958>
  
APA:
S&P Global Ratings’ Credit Research. (). Honeywell International Inc. Aug 10, 2010. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Honeywell-International-Inc-813958>
  
US$ 500.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.