2015 U.S.-Booked Air Volume: $71 million
Consolidated U.S. TMC: American Express Global Business Travel
Honeywell’s U.S.-booked air
volume decreased in 2015. Selling, general and administrative expenses
decreased to $5 billion from $5.5 billion in 2014, driven by the favorable
impact from foreign currency translation, increased pension income, decreased
indirect costs and benefits from repositioning, which were also partially
offset by increased labor costs. Net sales for the multinational engineering
and aerospace company also decreased from $40.3 billion to $38.6 billion.
Honeywell employed 129,000 people at the end of
2015, up from 127,000 the previous year. Approximately 49,000 of those were
located in the United States, down from 50,000 at the end of 2014. In July
2016, Honeywell agreed to acquire warehouse automation systems supplier
Intelligrated for $1.5 billion. The Ohio-based company employed more than 3,100
people at the time of its acquisition.