Honeywell realigns segments; recasts 2023 data for Industrial Automation and Energy & Sustainability Solutions

HONEYWELL INTERNATIONAL INC

Effective Q1 2024, segments are Aerospace Technologies, Building Automation, Industrial Automation, and Energy and Sustainability Solutions.
Industrial Automation combines sensing, productivity, warehouse solutions with Process Solutions from former Performance Materials & Technologies.
Energy & Sustainability Solutions merges UOP and Advanced Materials into one segment; no change to historical financial results.
Exhibit 99.1 recasts 2023 10-K sections (Business, Risk Factors, MD&A, Notes) solely for new segment structure.
No restatement of financial statements; filing should be read with previous 10-K and subsequent reports.

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