Honeywell 2014 Annual Report Download - page 88

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Note 23. Supplemental Cash Flow Information
2014 2013 2012
Years Ended December 31,
Payments for repositioning and other charges:
Severance and exit cost payments . . . . . . . . . . . . . . . . . . . . . . . . $ (161) $ (160) $(136)
Environmental payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (321) (304) (320)
Insurance receipts for asbestos related liabilities . . . . . . . . . . . 211 58 122
Asbestos related liability payments . . . . . . . . . . . . . . . . . . . . . . . . (259) (357) (169)
$ (530) $ (763) $(503)
Interest paid, net of amounts capitalized . . . . . . . . . . . . . . . . . . . . . . . $ 312 $ 330 $ 344
Income taxes paid, net of refunds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,142 1,271 919
Non-cash investing and financing activities:
Common stock contributed to savings plans . . . . . . . . . . . . . . . 168 159 144
Marketable securities contributed to non-U.S. pension
plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 117 — —
Note 24. Unaudited Quarterly Financial Information
Mar. 31 June 30 Sept. 30 Dec. 31 Year
2014
Net Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9,679 $10,253 $10,108 $10,266 $40,306
Gross Profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,712 2,957 2,980 2,700 11,349
Net income attributable to Honeywell . . . . . . . . 1,017 1,099 1,167 956 4,239
Earnings per share—basic . . . . . . . . . . . . . . . . . . . . 1.30 1.40 1.49 1.22 5.40
Earnings per share—assuming dilution . . . . . . . . . 1.28 1.38 1.47 1.20 5.33
Dividends paid per share . . . . . . . . . . . . . . . . . . . . . . 0.4500 0.4500 0.4500 0.5175 1.87
Market Price per share
High . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95.44 95.81 97.34 101.98 101.98
Low . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88.47 90.36 90.56 85.11 85.11
Mar. 31 June 30 Sept. 30 Dec. 31 Year
2013
Net Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9,328 $ 9,693 $ 9,647 $10,387 $39,055
Gross Profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,545 2,666 2,705 2,775 10,691
Net income attributable to Honeywell . . . . . . . . 966 1,021 990 947 3,924
Earnings per share—basic . . . . . . . . . . . . . . . . . . . . 1.23 1.30 1.26 1.20 4.99
Earnings per share—assuming dilution . . . . . . . . . 1.21 1.28 1.24 1.19 4.92
Dividends paid per share . . . . . . . . . . . . . . . . . . . . . . 0.4100 0.4100 0.4100 0.4510 1.68
Market Price per share
High . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75.48 80.85 86.79 91.37 91.37
Low . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64.75 71.47 77.88 81.45 64.75
79
HONEYWELL INTERNATIONAL INC.
NOTES TO FINANCIAL STATEMENTS—(Continued)
(Dollars in millions, except per share amounts)