Honeywell — Apr 23, 2026 release

For the twelve months ended December 31, 2025, adjusted earnings per share utilizes weighted average shares of 642.8 million. For the twelve months ended December 31, 2026, expected earnings per share utilizes weighted average shares of approximately 639 million. 2  For the three months ended March 31, 2025, pension mark-to-market expense was $10 million, net of tax benefit of $4 million. For the twelve months ended December 31, 2025, pension mark-to-market was $123 million, net of tax benefit of $40 million. 3  For the three months ended March 31, 2026 and 2025, acquisition-related intangibles amortization includes $117 million and $102 million, net of tax benefit of $36 million and $33 million, respectively. For the twelve months ended December 31, 2025, acquisition-related intangibles amortization includes $432 million, net of tax benefit of $138 million. For the twelve months ended December 31, 2026, the expected adjustment for acquisition-related intangibles amortization includes approximately $480 million, net of tax benefit of approximately $115 million. 4  For the three months ended March 31, 2026 and 2025, the adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs was $2 million, net of tax benefit of $1 million, and $6 million, net of tax benefit of $2 million, respectively. For the twelve months ended December 31, 2025, the adjustment for acquisition-related cos