Borrowing capacity upon certain terms

[TABLE OF CONTENTS](#i72efc1fa764e42bfa26060268f6277f4_7)HONEYWELL INTERNATIONAL INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(Unaudited)(Dollars in tables in millions, except per share amounts)NOTE 8. LONG-TERM DEBT AND CREDIT AGREEMENTS 

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|   | September 30, 2022 | December 31, 2021 |
|  |  |  |  |  |
|  |  |  |  |  |
|  |  |  |  |  |
| 0.483% notes due 2022 |  | $ | —  |  |  | $ | 500  |  |
| 2.15% notes due 2022 |  | —  |  |  | 600  |  |
| Floating rate notes due 2022 |  | —  |  |  | 600  |  |
| 1.30% Euro notes due 2023 |  | 1,218  |  |  | 1,416  |  |
| 3.35% notes due 2023 |  | 300  |  |  | 300  |  |
| 0.00% Euro notes due 2024 |  | 487  |  |  | 566  |  |
| 2.30% notes due 2024 |  | 750  |  |  | 750  |  |
| 1.35% notes due 2025 |  | 1,250  |  |  | 1,250  |  |
| 2.50% notes due 2026 |  | 1,500  |  |  | 1,500  |  |
| 1.10% notes due 2027 |  | 1,000  |  |  | 1,000  |  |
| 2.25% Euro notes due 2028 |  | 731  |  |  | 849  |  |
| 2.70% notes due 2029 |  | 750  |  |  | 750  |  |
| 1.95% notes due 2030 |  | 1,000  |  |  | 1,000  |  |
| 1.75% notes due 2031 |  | 1,500  |  |  | 1,500  |  |
| 0.75% Euro notes due 2032 |  | 487  |  |  | 566  |  |
| 5.70% notes due 2036 |  | 441  |  |  | 441  |  |
| 5.70% notes due 2037 |  | 462  |  |  | 462  |  |
| 5.375% notes due 2041 |  | 417  |  |  | 417  |  |
| 3.812% notes due 2047 |  | 445  |  |  | 445  |  |
| 2.80% notes due 2050 |  | 750  |  |  | 750  |  |
| Industrial development bond obligations, floating rate maturing at various dates through 2037 |  | 22  |  |  | 22  |  |
| 6.625% debentures due 2028 |  | 201  |  |  | 201  |  |
| 9.065% debentures due 2033 |  | 51  |  |  | 51  |  |
| Other (including capitalized leases), 7.9% weighted average interest rate maturing at various dates through 2029 |  | 282  |  |  | 272  |  |
| Fair value of hedging instruments |  | (294) |  |  | 60  |  |
| Debt issuance costs |  | (199) |  |  | (211) |  |
|   |  | 13,551  |  |  | 16,057  |  |
| Less-current portion |  | (1,315) |  |  | (1,803) |  |
|   |  | $ | 12,236  |  |  | $ | 14,254  |  |

On August 8, 2022, the Company repaid its 2.15% and its Floating rate notes due 2022. On August 19, 2022, the Company repaid its 0.483% notes due 2022.On March 24, 2022, the Company entered into a $4.0 billion Amended and Restated Five Year Credit Agreement (the 5-Year Credit Agreement) and a $1.5 billion 364-Day Credit Agreement (the 364-Day Credit Agreement). The 5-Year Credit Agreement amended and restated the previously reported $4.0 billion amended and restated five-year credit agreement dated as of March 31, 2021. Commitments under the 5-Year Credit Agreement can be increased pursuant to the terms of the 5-Year Credit Agreement to an aggregate amount not to exceed $4.5 billion. The 364-Day Credit Agreement replaced the $1.5 billion 364-day credit agreement dated as of March 31, 2021, which was terminated in accordance with its terms effective March 24, 2022. Amounts borrowed under the 364-Day Credit Agreement are required to be repaid no later than March 23, 2023, unless (i) Honeywell elects to convert all then outstanding amounts into a term loan, upon which such amounts shall be repaid in full on March 23, 2024, or (ii) the 364-Day Credit Agreement is terminated earlier pursuant to its terms. The 5-Year Credit Agreement and the 364-Day Credit Agreement are maintained for general corporate purposes.As of September 30, 2022, there were no outstanding borrowings under the 5-Year Credit Agreement or the 364-Day Credit Agreement.14 Honeywell International Inc. 
