HONEYWELL INTERNATIONAL INC 8-K
Research Summary
AI-generated summary
Honeywell Reports Incremental Impairment Charges for PSS & WWS
What Happened
- Honeywell International Inc. filed an 8-K (Regulation FD disclosure) noting that, after its Jan 29, 2026 earnings release, it recorded incremental impairment charges related to its Productivity Solutions & Services (PSS) and Warehouse & Workflow Solutions (WWS) businesses, which had been classified as assets held for sale in Q4 2025.
- The company filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, which reflects these additional impairment charges. Honeywell issued a press release on February 17, 2026 describing the financial impact (furnished as Exhibit 99.1).
Key Details
- PSS and WWS were classified as assets held for sale during Q4 2025.
- Initial impairment charges for those businesses were disclosed in the Jan 29, 2026 earnings release; additional (incremental) impairment charges were recorded afterward.
- The incremental charges are included in Honeywell’s 2025 Form 10-K.
- Feb 17, 2026 press release (Exhibit 99.1) summarizes the financial impact of the adjustments; sale process for the businesses is ongoing.
Why It Matters
- Impairment charges reduce reported earnings and the carrying value of the affected businesses, which can affect near-term profitability metrics and book value for Honeywell.
- Because the businesses are held for sale and the sale process is ongoing, investors should review the Form 10-K and the Feb 17 press release for the specific dollar amounts and any updates on expected sale proceeds or timing.
- These adjustments are accounting recognition tied to the sale assessment and may influence investor expectations for segment performance and Honeywell’s reported full-year results.