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Honeywell International (WBO:HON) Long-Term Capital Lease Obligation : €0 Mil (As of Mar. 2024)


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What is Honeywell International Long-Term Capital Lease Obligation?

Honeywell International's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil.

Honeywell International's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€823 Mil) but then declined from Dec. 2023 (€823 Mil) to Mar. 2024 (€0 Mil).

Honeywell International's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€750 Mil) to Dec. 2022 (€732 Mil) but then increased from Dec. 2022 (€732 Mil) to Dec. 2023 (€823 Mil).


Honeywell International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Honeywell International's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Honeywell International Long-Term Capital Lease Obligation Chart

Honeywell International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 480.60 526.90 749.60 731.60 822.55

Honeywell International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 822.55 -

Honeywell International  (WBO:HON) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Honeywell International Long-Term Capital Lease Obligation Related Terms

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Honeywell International (WBO:HON) Business Description

Address
855 South Mint Street, Charlotte, NC, USA, 28202
Honeywell traces its roots to 1885 with Albert Butz's firm, Butz-Thermo Electric Regulator, which produced a predecessor to the modern thermostat. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. In recent years, the firm has made several portfolio changes, including the addition of Intelligrated in 2016, as well as the spinoffs of Garrett Technologies and Resideo in 2018. In 2019, the firm launched Honeywell Forge, its enterprise performance management software solution that leverages the firm's domain expertise in buildings, airlines, and critical infrastructure.