How Much Honeywell Is Returning to Shareholders
In the past five years, Honeywell’s (HON) FCF (free cash flow) has grown significantly. HON’s business growth, backed by its aerospace and UOP1 businesses and strong backlog, has enabled HON to generate higher FCF. HON’s FCF grew from $3.4 billion in 2013 to $4.9 billion in 2017.