CLAIM #30809 · Honeywell International Inc (HON) · 2026Q2 earnings call · Jul 23, 2026 · due Dec 31, 2027
“I think that's what you should see. We -- that repositioning helped us to get some benefits in the second half and next year as far as depreciation and other things as far as how we absorb the footprint from an ISC standpoint. So net-net, I think it will be positive.”
Mike Stepniak · CFO
How to check this claim
Look at: Net financial benefit (cost savings/depreciation impact) from footprint repositioning within ISC/process business, as described in management commentary
It came true if: Management characterizes the repositioning as net positive with payback achieved within roughly the stated timeframe
Where: management commentary on subsequent earnings calls (10-K/10-Q disclosures on repositioning costs and benefits)
In context
“Mike Stepniak : And on the repositioning, we decided to consolidate footprint within our process business in the second quarter. So that's why you saw the spike in the repositioning. We're estimating repositioning right now for the year around that $100 million, $110 million. And I think that's what you should see. We -- that repositioning helped us to get some benefits in the second half and next year as far as depreciation and other things as far as how we absorb the footprint from an ISC standpoint. So net-net, I think it will be positive. It will be a pretty fairly quick payback for us on this repositioning. Yes.”
Verify independently
SEC filings for HON ↗ · Claim quote is verbatim from the 2026Q2 earnings call.