773840--2/12/2010--HONEYWELL_INTERNATIONAL

related topics

{financial, litigation, operation}

{regulation, government, change}

{cost, contract, operation}

{tax, income, asset}

{condition, economic, financial}

{operation, international, foreign}

{customer, product, revenue}

{product, market, service}

{property, intellectual, protect}

{acquisition, growth, future}

{cost, regulation, environmental}

{regulation, change, law}

Cautionary Statement about Forward-Looking Statements Industry and economic conditions may adversely affect the market and operating conditions of our customers, which in turn can affect demand for our products and services and our results of operations. Raw material price fluctuations and the ability of key suppliers to meet quality and delivery requirements can increase the cost of our products and services and impact our ability to meet commitments to customers. Our future growth is largely dependent upon our ability to develop new technologies that achieve market acceptance with acceptable margins. Protecting our intellectual property is critical to our innovation efforts. An increasing percentage of our sales and operations is in non-U.S. jurisdictions and is subject to the economic, political, regulatory and other risks of international operations. We may be required to recognize impairment charges for our long-lived assets or available for sale investments. A change in the level of U.S. Government defense and space funding or the mix of programs to which such funding is allocated could adversely impact sales of Aerospace s defense and space-related product and services. As a supplier of military and other equipment to the U.S. Government, we are subject to unusual 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. Our reputation and ability to do business may be impacted by the improper conduct of employees, agents or business partners. Changes in legislation or government regulations or policies can have a significant impact on our results of operations. Completed acquisitions may not perform as anticipated or be integrated as planned, and divestitures may not occur as planned. We cannot predict with certainty the outcome of litigation matters, government proceedings and other contingencies and uncertainties. Our operations and the prior operations of predecessor companies expose us to the risk of material environmental liabilities. Our expenses include significant costs related to employee and retiree health benefits. Risks related to our defined benefit pension plans may adversely impact our results of operations and cash flow. Additional tax expense or additional tax exposures could affect our future profitability. Volatility of credit markets or macro-economic factors could adversely affect our business.

Full 10-K form ▸

773840--2/12/2010--HONEYWELL_INTERNATIONAL_INC