Risk Sleuth
HON · 10-K filed 17 Feb 2026 · year to 31 Dec 2025

Honeywell International

27 named things its latest annual report says its results depend on, each in the company's own words. 21 of them are also named by other companies we've read.

Read the filing on SEC.gov ↗

Customers

U.S. government

earns fromnamed as a risk
As a supplier to the U.S. government, we are subject to unique risks, such as the right of the U.S. government to terminate contracts for convenience and to conduct audits and investigations of our operations and performance.Risk factors (Item 1A)

Also named by ADI, AIR, APH, ASTS, ATI, AVAV, AWK, BA and 46 more

Suppliers

Single or sole-source suppliers (Aerospace Technologies)

depends onnamed as a risk
Many major components, product equipment items, and raw materials, particularly in Aerospace Technologies, are procured or subcontracted on a single or sole-source basis.Risk factors (Item 1A)

Also named by LMT

Other companies

Resideo Technologies

$1,590 million
Upon closing of the transactions contemplated pursuant to the termination agreement, the Company received a one-time cash payment of $1,590 million in lieu of all future payments to which the Company was entitled pursuant to the indemnification and reimbursement agreement.Market risk (Item 7A)

Johnson Matthey Catalyst Technologies

£1.8 billion
In the second quarter of 2025, we acquired Sundyne for total consideration of $2.2 billion, net of cash acquired, as well as announced our agreement to acquire Johnson Matthey's Catalyst Technologies business segment for £1.8 billion.Market risk (Item 7A)

Solstice Advanced Materials Inc.

$1,962 million
On October 30, 2025, we completed the spin-off of the Advanced Materials business into Solstice Advanced Materials Inc., an independent, U.S. publicly traded company.Market risk (Item 7A)

Places

Europe

operates in · 234named as a risk
As the conflict continues to evolve, existing conditions may worsen, or other impacts, including escalation of the conflict in other regions of Europe where there is a material portion of our business, increased tension between Russia and the U.S. and other NATO members and other countries, or other impacts that are unknown at this time, could lead to increased charges and could have a material adverse effect on our consolidated financial position.Risk factors (Item 1A)

Also named by ADSK, AME, AMRC, ATR, BCSF, BKNG, BMI, BMY and 60 more

International operations (non-U.S.)

earns from · more than half of the Company’s salesnamed as a risk
Our international operations, including U.S. exports, represent more than half of the Company’s sales.Risk factors (Item 1A)

Also named by APG, AXP, CARR, COP, COST, DD, ECL, EQIX and 14 more

Non-U.S. subsidiaries cash

concentrated in · $10.2 billion
As of December 31, 2025, we held $10.2 billion of the Company’s cash, cash equivalents, and short-term investments in non-U.S. subsidiaries.Market risk (Item 7A)

Also named by VPG

Russia

operates innamed as a risk
Given the uncertainty inherent in our remaining obligations related to our contracts with Russian counterparties, we do not believe it is possible to develop estimates of reasonably possible loss in excess of current accruals for these matters.Risk factors (Item 1A)

Also named by ALSN, ATR, AVY, AXP, BKR, BSX, C, CDNA and 50 more

Hazards

Environmental remediation liabilities

$443 millionnamed as a risk
Accruals for environmental matters deemed probable and reasonably estimable were $443 million, $261 million, and $213 million for the years ended December 31, 2025, 2024, and 2023, respectively.Market risk (Item 7A)

Also named by MLI, SUN, SUNC

Bendix asbestos liabilities

$1.4 billion
On September 29, 2025, the Company permanently divested all of its legacy Bendix asbestos liabilities and certain non-Bendix asbestos liabilities, contributing $1.4 billion in cash and transferring asbestos liabilities to a third party entity.Market risk (Item 7A)

Hurricanes and floods

operates innamed as a risk
Our facilities, supply chains, distribution systems, and IT systems are subject to catastrophic loss due to natural disasters or other weather-related disruptions, including hurricanes and floods, which may be exacerbated by the effects of climate change, power outages, fires, explosions, terrorism, equipment failures, sabotage, cyber incidents, any potential effects of climate change and adverse weather conditions, including water scarcity and rising sea levels, labor disputes and shortages, critical supply failure, inaccurate downtime forecast, political disruption and regional conflicts, public health crises, like a regional or global pandemic, and other reasons, which can result in undesirable consequences, including financial losses and damaged relationships with customers.Risk factors (Item 1A)

Also named by LIN, PLD, SOLS

Commodities and inputs

Copper

exposed to its pricenamed as a risk
The cost of raw materials is a key element in the cost of our products, particularly in Energy and Sustainability Solutions (copper, tungsten salts, aluminum, and molybdenum) and in Aerospace Technologies (nickel, steel, titanium, and other metals).Risk factors (Item 1A)

Also named by AAON, AGX, AMKR, APG, APH, APLD, BMI, BWA and 58 more

Aluminum

exposed to its pricenamed as a risk
The cost of raw materials is a key element in the cost of our products, particularly in Energy and Sustainability Solutions (copper, tungsten salts, aluminum, and molybdenum) and in Aerospace Technologies (nickel, steel, titanium, and other metals).Risk factors (Item 1A)

Also named by AAON, ACHR, ALSN, AYI, BA, BALL, BF/B, BWA and 59 more

Steel

exposed to its pricenamed as a risk
The cost of raw materials is a key element in the cost of our products, particularly in Energy and Sustainability Solutions (copper, tungsten salts, aluminum, and molybdenum) and in Aerospace Technologies (nickel, steel, titanium, and other metals).Risk factors (Item 1A)

Also named by AAON, AGX, ALSN, AM, AME, AMRC, AOS, APD and 104 more

Nickel

exposed to its pricenamed as a risk
The cost of raw materials is a key element in the cost of our products, particularly in Energy and Sustainability Solutions (copper, tungsten salts, aluminum, and molybdenum) and in Aerospace Technologies (nickel, steel, titanium, and other metals).Risk factors (Item 1A)

Also named by ALSN, ATI, BWA, CRS, FLS, HWM, LNG, MOD and 4 more

Oil and natural gas

exposed to its pricenamed as a risk
Periods of increased volatility in oil and natural gas prices may result in less investment by our customers and therefore, lower demand for our products and services.Risk factors (Item 1A)

Also named by APO, ARES, BX, FDUS, GAIN, MMM, RF, SOLV and 3 more

Titanium

exposed to its pricenamed as a risk
The cost of raw materials is a key element in the cost of our products, particularly in Energy and Sustainability Solutions (copper, tungsten salts, aluminum, and molybdenum) and in Aerospace Technologies (nickel, steel, titanium, and other metals).Risk factors (Item 1A)

Also named by BA, CRS, HWM, RTX, ZBH

Molybdenum

exposed to its pricenamed as a risk
The cost of raw materials is a key element in the cost of our products, particularly in Energy and Sustainability Solutions (copper, tungsten salts, aluminum, and molybdenum) and in Aerospace Technologies (nickel, steel, titanium, and other metals).Risk factors (Item 1A)

Also named by CRS, FCX, SCCO

Tungsten salts

exposed to its pricenamed as a risk
The cost of raw materials is a key element in the cost of our products, particularly in Energy and Sustainability Solutions (copper, tungsten salts, aluminum, and molybdenum) and in Aerospace Technologies (nickel, steel, titanium, and other metals).Risk factors (Item 1A)

Regulators

Federal Aviation Administration (FAA)

subject tonamed as a risk
Within Aerospace Technologies, the operating results of Commercial Aviation Original Equipment and Commercial Aviation Aftermarket may be impacted by, among other things, mandates of the Federal Aviation Administration and other similar international regulatory bodies regulating the installation of equipment on aircraft.Risk factors (Item 1A)

Also named by ACHR, AIR, ALK, AMT, AVAV, BA, BRK/B, CCI and 27 more

Laws and programs

OECD Pillar Two global minimum tax

subject to · 15%
The Organisation for Economic Co-operation and Development (OECD)/G20 and other invited countries, developed a global tax framework inclusive of a 15% global minimum tax under the Pillar Two Global Anti-Base Erosion Rules (Pillar Two).Risk factors (Item 1A)

Also named by ABNB, ACN, ADI, ADM, ADSK, AKAM, ALB, AMAT and 70 more

EU AI Act

subject tonamed as a risk
Governments globally—including through frameworks such as the EU AI Act, the Colorado Artificial Intelligence Act, and the California AI Transparency Act—are adopting rules that impose heightened transparency, risk‑management, monitoring, and human‑oversight obligations.Risk factors (Item 1A)

Also named by ACN, ADBE, AMD, AXON, CGNX, CRM, CRWD, CTSH and 36 more

U.S. tariffs on China imports

subject tonamed as a risk
The U.S. continues to implement certain trade actions, including imposing tariffs on certain goods imported from China and other countries, which has resulted in retaliatory tariffs by China and other countries.Risk factors (Item 1A)

Also named by AAOI, AAON, DDS, HAS

EU Cyber Resilience Act

subject tonamed as a risk
Emerging cybersecurity regulations (including the EU Cyber Resilience Act) increasingly mandate rigorous cybersecurity standards for our products and services.Risk factors (Item 1A)

Also named by CGNX, NTAP

Refrigerant GHG regulations

subject tonamed as a risk
Regulations and carbon reduction goals which seek to reduce GHG emissions could reduce demand for such products and present a risk to our business.Risk factors (Item 1A)

Cybersecurity Maturity Model Certification (CMMC)

subject to
To provide stakeholder assurance and fulfill our regulatory obligations, we subject our information security management system to third-party assessment and certification against recognized industry standards such as ISO 27001 and the U.S. Department of War’s Cybersecurity Maturity Model Certification (CMMC).Cybersecurity (Item 1C)

Also named by ADI, AVAV, BWXT, GE, HEI, HLIO, HWM, KTOS and 15 more