[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was the first-quarter backlog for Honeywell?
### Assistant: The first-quarter backlog for Honeywell grew to a new record of $30.3 billion, up 6% year over year and 2% sequentially.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did orders in the aerospace and PMT businesses contribute to overall growth in the first quarter?
### Assistant: Orders in the aerospace and PMT businesses contributed to overall growth in the first quarter by being up double digits organically in each, leading to 1% organic growth and 8% sequential growth overall.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's outlook for 2023?
### Assistant: Honeywell's outlook for 2023 is confident, as they capitalize on recovering end markets combined with solid operational execution.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much did Honeywell's segment margin expand year over year?
### Assistant: Honeywell's segment margin expanded 90 basis points year over year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which segments within Honeywell saw robust margin expansion?
### Assistant: The safety and productivity solutions segment and the Honeywell building technologies segment saw robust margin expansion.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Honeywell's pricing actions help them stay ahead of inflation?
### Assistant: Honeywell's pricing actions helped them stay ahead of inflation by enabling them to remain ahead of the inflation curve.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was Honeywell's free cash flow in the first quarter?
### Assistant: Honeywell's free cash flow in the first quarter was $300 million.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell's free cash flow compare to the previous year?
### Assistant: Honeywell's free cash flow in the first quarter was operationally stronger than in 2022.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much did Honeywell deploy to dividends, growth capex, and share repurchases in the first quarter?
### Assistant: Honeywell deployed $1.6 billion to dividends, growth capex, and share repurchases in the first quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How many shares did Honeywell repurchase during the quarter?
### Assistant: Honeywell repurchased the same 3.5 million shares throughout the quarter, reducing their weighted average share count to 673 million.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was the purpose of Honeywell's acquisition of Compressor Controls Corporation?
### Assistant: The acquisition of Compressor Controls Corporation by Honeywell is aimed at expanding their machinery control and optimization solutions, including controlled hardware, software, and services.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the value of the acquisition of Compressor Controls Corporation?
### Assistant: The value of the acquisition of Compressor Controls Corporation is $670 million in all cash transactions.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How will Honeywell's carbon capture technology be used by ExxonMobil?
### Assistant: Honeywell's carbon capture technology will be used by ExxonMobil at its integrated complex in Baytown, Texas to capture more than 98% of the associated CO2 emissions, which will be sequestered and permanently stored.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected scale of ExxonMobil's low-carbon hydrogen project?
### Assistant: ExxonMobil's low-carbon hydrogen project is expected to be the largest in the world at planned start-up and projected to produce around one billion cubic feet of low-carbon hydrogen per day.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much CO2 emissions will Honeywell's technology be able to capture and store?
### Assistant: Honeywell's technology will enable the facility to capture more than 98% of the associated CO2 emissions, which will be sequestered and permanently stored.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the goal of Honeywell's European Clean Aviation project?
### Assistant: The goal of Honeywell's European Clean Aviation project is to develop a new generation of aerospace-qualified megawatt-class fuel cells powered by hydrogen, which is an extremely clean power source that can be used to reduce carbon emissions in the aerospace sector.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Where will the work on the European Clean Aviation project be performed?
### Assistant: The work on the European Clean Aviation project will be performed at Honeywell Technology Solutions Research & Development Center in Brno, Czech Republic, and at all other Honeywell and project partner sites across Europe.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What recent win did Honeywell announce in their Connected Enterprise business?
### Assistant: Honeywell announced a $40 million-plus win in their Connected Enterprise business.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is the client in the Connected Enterprise win?
### Assistant: The client in the Connected Enterprise win is Globalworth, a leading real estate investor in Central and Eastern Europe.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How will Honeywell's Forge for building technology benefit Globalworth?
### Assistant: Honeywell's Forge for building technology will benefit Globalworth by helping them monitor energy consumption down to a device or asset level across their commercial office buildings in Romania and Poland while maintaining occupant comfort and productivity, thus helping them reduce operating costs and lower energy consumption.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the objectives of using Honeywell's solution in Globalworth's commercial office buildings?
### Assistant: The objectives of using Honeywell's solution in Globalworth's commercial office buildings are to reduce operating costs and lower energy consumption, which are key outcomes for Europe's overarching climate objectives.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell's acquisition of Compressor Controls Corporation contribute to their growth strategy?
### Assistant: Honeywell's acquisition of Compressor Controls Corporation contributes to their growth strategy by expanding their machinery control and optimization solutions and strengthening their position in the market.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What solutions does Compressor Controls Corporation provide?
### Assistant: Compressor Controls Corporation provides machinery control and optimization solutions, including controlled hardware, software, and services.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What segment does Honeywell's technologies primarily serve?
### Assistant: Honeywell's technologies primarily serve the LNG gas processing, refining, and petrochemical segment.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How will the acquisition of CCC strengthen Honeywell's portfolio?
### Assistant: The acquisition of CCC will strengthen Honeywell's portfolio by adding new carbon-capture control solutions. These solutions utilize turbo machinery to effectively remove CO2 from the process plant emission, thus bolstering Honeywell's high-growth sustainability portfolio.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the expected EBITDA margins for CCC?
### Assistant: The expected EBITDA margins for CCC are accretive to Honeywell.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How many times the expected EBITDA is the transaction value?
### Assistant: The transaction represents 15 times 2023 expected EBITDA on a tax-adjusted basis and 13 times EBITDA, assuming $8 million of annualized cost synergies.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected return on investment for Honeywell from the CCC acquisition?
### Assistant: Honeywell expects to achieve a cash basis return on investment of more than 15% by the fifth year that CCC is part of Honeywell.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell continuously enhance its automation portfolio?
### Assistant: Honeywell continuously enhances its automation portfolio by investing in new opportunities. They have an active M&A pipeline and are actively seeking to expand and improve their automation offerings.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Honeywell's first-quarter sales perform organically?
### Assistant: Honeywell's first-quarter sales performed well organically, with an 8% growth overall. The PMT and Aero segments experienced double-digit growth, driven by strong demand and an improving supply chain.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which segments experienced double-digit growth in the first quarter for Honeywell?
### Assistant: The Aerospace and PMT segments experienced double-digit growth in the first quarter for Honeywell.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What impact did traffic activity levels have on Honeywell's long-cycle warehouse automation business?
### Assistant: Traffic activity levels had a negative impact on Honeywell's long-cycle warehouse automation business.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Honeywell's backlog and orders grow in the first quarter?
### Assistant: Honeywell's backlog grew 6% year over year and 2% sequentially in the first quarter. Orders grew 1% organically and 8% sequentially, driven by strength in the Aero and PMT segments.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What remains a constraint on Honeywell's overall growth?
### Assistant: The supply chain remains a constraint on Honeywell's overall growth.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which business led the other SBGs with the largest segment margin expansion?
### Assistant: The SPS (Sustainable Process Solutions) business led the other SBGs (Strategic Business Groups) with the largest segment margin expansion.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did aerospace sales perform in the first quarter for Honeywell?
### Assistant: Aerospace sales for Honeywell grew 14% organically in the first quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What contributed to the growth in commercial aviation sales?
### Assistant: The growth in commercial aviation sales was driven by increased spare shipments and repair and overhaul sales in the commercial aviation aftermarket, particularly in air transport. Commercial original equipment sales also increased double-digit.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did defense and space sales perform in the first quarter for Honeywell?
### Assistant: Defense and space sales returned to growth in the first quarter for Honeywell as they were able to convert their strong 2022 orders book into increased sales volume. The book-to-bill ratio remained greater than one in the quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What progress did the Aero supply chain make sequentially?
### Assistant: The Aero supply chain made modest progress sequentially in the first quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did performance materials and technologies orders perform in the first quarter?
### Assistant: Performance materials and technologies orders grew organically across all three businesses for Honeywell in the first quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which business saw over 20% growth in orders for Honeywell?
### Assistant: The UOP (Universal Oil Products) business saw over 20% growth in orders for Honeywell.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did PMT sales perform in the first quarter for Honeywell?
### Assistant: PMT sales grew 15% organically in the first quarter for Honeywell, with double-digit growth in all three segments of the PMT portfolio.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did UOP perform in the first quarter for Honeywell?
### Assistant: UOP performed well in the first quarter for Honeywell, growing 19% organically.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What contributed to the growth in UOP sales?
### Assistant: The growth in UOP sales was driven by refining catalyst shipments and gas.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did segment margin in aerospace change year over year?
### Assistant: The segment margin in aerospace contracted 80 basis points year over year to 26.6%.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What contributed to the contraction in segment margin in aerospace?
### Assistant: The contraction in segment margin in aerospace was primarily driven by higher sales of lower-margin original equipment products, partially offset by commercial excellence efforts and volume leverage.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Honeywell's Sustainable Technology Solutions business perform in terms of orders?
### Assistant: Honeywell's Sustainable Technology Solutions business saw its orders double year over year in the first quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How many consecutive quarters of double-digit organic growth did PMT achieve?
### Assistant: PMT achieved four consecutive quarters of double-digit organic growth.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What were the sales growth percentages for advanced materials and process solutions in the quarter?
### Assistant: The text does not provide specific sales growth percentages for advanced materials and process solutions in the quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What factors contributed to the contraction of segment margin for Honeywell?
### Assistant: The factors that contributed to the contraction of segment margin for Honeywell were cost inflation, higher sales of lower-margin products, and a disruption in one of their PMT plants that caused unplanned downtime. However, these were partially offset by commercial excellence and volume leverage.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did sales in safety and productivity solutions perform in the quarter?
### Assistant: The text does not provide specific information on how sales in safety and productivity solutions performed in the quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which portion of the Intelligrated business saw sales growth in the quarter?
### Assistant: The text mentions that the aftermarket services portion of the Intelligrated business performed well, with sales growing greater than 20% in the quarter at accretive margins.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was the segment margin for SPS in the quarter and what factors contributed to its expansion?
### Assistant: The segment margin for SPS in the quarter was 17.2%. The expansion of segment margin was primarily driven by productivity actions and commercial excellence, but it was partially offset by lower volume leverage and inflation.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much did sales increase organically in building technologies in the quarter?
### Assistant: The text states that sales in building technologies increased 9% organically in the quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What were the drivers of growth in building products for Honeywell?
### Assistant: The growth in building products for Honeywell was driven by continued strength in their world-class fire franchise.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did HBT orders perform in the first quarter and what were the reasons for the decline?
### Assistant: The text mentions that HBT orders were stronger than expected in the first quarter, although they were down mid-single digits year-over-year organically. The decline in orders was attributed to lapping outsized 2022 comps from the height of supply chain challenges.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Honeywell Connected Enterprises contribute to overall growth for Honeywell?
### Assistant: Honeywell Connected Enterprises contributed to overall growth for Honeywell through double-digit growth in cyber, industrial, aerospace, and connected building.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was the adjusted earnings per share in the fourth quarter and how much did it grow compared to the previous year?
### Assistant: The adjusted earnings per share in the fourth quarter grew 8% to $2.07.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What were the main drivers of EPS growth for Honeywell?
### Assistant: The main drivers of EPS growth for Honeywell were segment profits, which drove $0.21 of year-over-year improvement in earnings per share. Other factors contributing to EPS growth included a lower adjusted effective tax rate and reduced share count.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did cash flow perform in the first quarter and what were the reasons for the negative value?
### Assistant: The text mentions that reported cash flow for the first quarter was negative $1 billion due to the payment of settlements signed in the fourth quarter of 2022.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What contributed to the increase in free cash flow compared to the previous year?
### Assistant: The increase in free cash flow compared to the previous year was driven by improved working capital, including more favorable payables and inventory balances.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did improved working capital impact cash flow in the first quarter?
### Assistant: Improved working capital had a positive impact on cash flow in the first quarter, contributing to the increase in free cash flow.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's operating playbook and how has it contributed to strong results?
### Assistant: Honeywell's operating playbook refers to their strategies and practices that have consistently delivered strong results. The text does not provide specific details on how it has contributed to strong results.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the outlook for future growth in earnings and cash for Honeywell?
### Assistant: The text mentions that Honeywell's differentiated portfolio of solutions will enable them to drive compelling growth in earnings and cash for the quarters to come.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the focus of Honeywell's inventory planning for 2023?
### Assistant: The text does not provide specific information on the focus of Honeywell's inventory planning for 2023.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Honeywell's sales in process solutions perform in the quarter?
### Assistant: The text does not provide specific information on how sales in process solutions performed in the quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What were the reasons for the decline in sales in safety and productivity solutions?
### Assistant: The text does not provide specific information on the reasons for the decline in sales in safety and productivity solutions.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did the aftermarket services portion of the Intelligrated business perform in the quarter?
### Assistant: The text mentions that the aftermarket services portion of the Intelligrated business performed well, with sales growing greater than 20% in the quarter at accretive margins.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was the performance of the sensing portion of the sensing and safety technologies business?
### Assistant: The text mentions that the sensing portion of the sensing and safety technologies business remains a bright spot in the portfolio, but it does not provide specific performance details.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did sales in building solutions contribute to overall sales growth in building technologies?
### Assistant: Sales in building solutions contributed to overall sales growth in building technologies, with a 13% organic sales growth in the quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What were the reasons for the decline in HBT orders in the first quarter?
### Assistant: The text mentions that HBT orders were stronger than expected in the first quarter, although they were down mid-single digits year-over-year organically. The decline in orders was attributed to lapping outsized 2022 comps from the height of supply chain challenges.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Honeywell Connected Enterprises contribute to overall growth in the portfolio?
### Assistant: Honeywell Connected Enterprises contributed to overall growth in the portfolio through double-digit growth in cyber, industrial, aerospace, and connected building.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What were the reasons for the negative cash flow in the first quarter and how did settlements impact it?
### Assistant: The text mentions that reported cash flow for the first quarter was negative $1 billion due to the payment of settlements signed in the fourth quarter of 2022. These settlements had a negative impact on cash flow.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's guidance framework for the rest of 2023?
### Assistant: Honeywell's guidance framework for the rest of 2023 is described as solid and unchanged from their original guidance. They have delivered above their Q1 guide and have raised their full-year sales expectations to reflect that.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Honeywell perform in Q1 compared to their guidance?
### Assistant: Honeywell performed above their Q1 guidance, delivering results that exceeded their expectations.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's sales guidance for Q2?
### Assistant: Honeywell's sales guidance for Q2 is expected to be in the range of $9.0 billion to $9.2 billion, representing a 1% to 4% increase on an organic basis.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much does Honeywell expect their full-year sales to increase by?
### Assistant: Honeywell expects their full-year sales to increase by $500 million on the low end and $300 million on the high end from their prior guidance.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's organic growth range for the year?
### Assistant: Honeywell's organic growth range for the year is now at 3% to 6%.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell expect their segment margin to expand in the second quarter?
### Assistant: Honeywell expects their segment margin in the second quarter to be in the range of 21.8% to 22.2%, resulting in year-over-year margin expansion of 90 to 130 basis points.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's segment margin expectations for the full year?
### Assistant: Honeywell's segment margin expectations for the full year have been upgraded by 10 basis points on the low end to a new range of 22.3% to 22.6%, representing 60 to 90 basis points of year-over-year expansion.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the key elements of Honeywell's operating playbook?
### Assistant: The key elements of Honeywell's operating playbook are rigorous fixed cost management and favorable price cost strategies, which help drive margin expansion.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's outlook for the aerospace industry?
### Assistant: Honeywell has a constructive outlook for the aerospace industry, with strong demand across their end markets. They expect modest sequential sales growth in the second quarter, particularly in the commercial aftermarket.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which end market is expected to be the strongest for Honeywell's sales in 2023?
### Assistant: The commercial aftermarket is expected to be the strongest end market for Honeywell's sales in 2023.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's expectation for commercial OE volume growth?
### Assistant: Honeywell expects strong volume growth for commercial OE, particularly for business and general aviation OEs, with build rates trending upwards.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell expect the pace of sales growth in 2023 to be determined?
### Assistant: The pace of sales growth in 2023 for Honeywell will be determined by the rate of recovery in the Aero supply chain.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's expectation for Aero organic sales growth?
### Assistant: Honeywell expects Aero organic sales growth in the low double-digit range, with most of the incremental sales strength coming from their OE business.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell expect the supply chain to improve throughout the year?
### Assistant: Honeywell expects the supply chain to improve throughout the year with modest, steady improvement each quarter. They anticipate reduced decommits from suppliers, allowing for sequential improvements in factory output.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's expectation for Aero segment margins for the full year?
### Assistant: Honeywell expects Aero segment margins to be flattish for the full year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the outlook for performance materials and technologies?
### Assistant: The outlook for performance materials and technologies is described as constructive, with favorable growth across their end markets.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which businesses within process solutions are expected to drive sales growth for Honeywell?
### Assistant: Within process solutions, Honeywell expects strength in their projects and smart energy businesses, as well as life-cycle solutions and services, to drive sales growth.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's expectation for electronic materials in the second half of the year?
### Assistant: Honeywell expects some softness in electronic materials until the second half of the year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is driving the growth outlook for UOP?
### Assistant: The growth outlook for UOP is driven by robust demand for gas processing equipment.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does legislation impact the demand for Honeywell's sustainable technology solutions?
### Assistant: Legislation has improved project economics and is driving increasing global demand for Honeywell's sustainable technology solutions.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's expectation for gas processing equipment demand?
### Assistant: Honeywell expects increasing global demand for their gas processing equipment.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much does Honeywell expect their segment margins to expand for the full year?
### Assistant: Honeywell expects their segment margins to expand for the full year, with an upgraded range of 22.3% to 22.6% or 60 to 90 basis points of year-over-year expansion.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell expect their cost position and business mix to benefit their segment margins?
### Assistant: Honeywell expects their cost position and business mix to benefit their segment margins due to continued benefits from improving cost position and business mix in SPS and commercial excellence in HBT.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's expectation for flight hours in the second quarter?
### Assistant: Honeywell expects flight hours to continue improving in the second quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell expect international travel recovery to impact their sales in 2023?
### Assistant: Honeywell expects international travel recovery to lead to further recovery in wide-body aircraft and support strong sales growth in commercial aftermarket in 2023.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected organic growth for overall PMT for the year?
### Assistant: The expected organic growth for overall PMT for the year is mid-single digits. This is mentioned in the text where it says, "We still expect sales for overall PMT to be up mid-single digits for the year."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How is the demand outlook for SPS in 2023?
### Assistant: The demand outlook for SPS in 2023 is a bit more challenged than initially anticipated. The text states, "In our short-cycle businesses, the demand outlook for 2023 is a bit more challenged than we initially anticipated."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected growth for SPS from the first quarter?
### Assistant: The text does not provide specific information about the expected growth for SPS from the first quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How is the aftermarket services portion of the Intelligrated business performing?
### Assistant: The aftermarket services portion of the Intelligrated business is performing well and continues to grow at strong double-digit rates. The text mentions, "The aftermarket services portion of our Intelligrated business continues to grow at strong double-digit rates, and we anticipate this trend continuing throughout the year."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected sales outlook for building technologies?
### Assistant: The expected sales outlook for building technologies is for sales to improve sequentially and lead to modest year-over-year growth. The text states, "For the second quarter, sales should improve sequentially and lead to modest year-over-year growth."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which verticals are expected to drive institutional demand for building technologies?
### Assistant: The verticals expected to drive institutional demand for building technologies are airports, healthcare, and education. The text mentions, "We expect this robust backlog, along with stimulus-led institutional demand in verticals such as airports, healthcare, and education, to remain resilient throughout the year."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the full-year sales outlook for HBT?
### Assistant: The full-year sales outlook for HBT is low single-digit organic growth. The text states, "And we maintain our full-year sales outlook of low single-digit organic growth."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the emerging secular themes that HBT is aligned to?
### Assistant: The emerging secular themes that HBT is aligned to are sustainability and energy efficiency. The text mentions, "HBT remains well aligned to emerging secular themes of sustainability and energy efficiency."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected year-over-year expansion for HBT segment margins in 2023?
### Assistant: The expected year-over-year expansion for HBT segment margins in 2023 is not specifically mentioned in the text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected net below-the-line impact for the second quarter and full year?
### Assistant: The expected net below-the-line impact for the second quarter is in the range of negative $130 million to negative $185 million, and for the full year, it is in the range of negative $500 million to negative $625 million. This is stated in the text, "Net below-the-line impact, which is the difference between segment profit and income before tax, is expected to be in the range of negative $130 million to negative $185 million in the second quarter and negative $500 million to negative $625 million for the full year."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much is the repositioning range for the second quarter and full year?
### Assistant: The repositioning range for the second quarter is between $50 million and $100 million, and for the full year, it is between $225 million and $325 million. The text mentions, "This guidance includes a range of repositioning between $50 million and $100 million for 2Q and $225 million to $325 million for the year."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected adjusted effective tax rate for the second quarter and full year?
### Assistant: The expected adjusted effective tax rate for the second quarter and full year is roughly 21%. The text states, "We expect our adjusted effective tax rate to be roughly 21% in the second quarter and for the year."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How many shares are expected in the average share count for the second quarter and full year?
### Assistant: The average share count is expected to be around 671 million shares in the second quarter and approximately 670 million shares for the full year. This is mentioned in the text, "and the average share count to be around 671 million shares in 2Q and approximately 670 million shares for the full year."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was the recent approval by the Board regarding share repurchase?
### Assistant: The recent approval by the Board regarding share repurchase is a $10 billion share repurchase authorization. The text states, "Earlier this week, the Board approved a $10 billion share repurchase authorization."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected adjusted earnings per share guidance range for the second quarter?
### Assistant: The expected adjusted earnings per share guidance range for the second quarter is between $2.15 and $2.25, up 2% to 7% year over year. This is mentioned in the text, "As a result of these inputs, our adjusted earnings per share guidance range is between $2.15 and $2.25 for the second quarter, up 2% to 7% year over year."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much is the low end of the upgraded guidance range for full-year EPS?
### Assistant: The low end of the upgraded guidance range for full-year EPS is $9. This is stated in the text, "For full-year EPS, we are upgrading the low end of our guidance range by $0.20."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected growth year for Honeywell despite the year-over-year pension headwinds?
### Assistant: The year 2023 is expected to be a strong growth year for Honeywell despite the year-over-year pension headwinds. This is mentioned in the text, "reflecting our continued confidence that 2023 will be a strong growth year for Honeywell despite the year-over-year pension headwinds."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much will the EPS growth be for the year excluding the pension headwinds?
### Assistant: The EPS growth for the year, excluding the pension headwinds, will be 9% to 12% up. This is stated in the text, "Excluding these headwinds, EPS growth will be 9% to 12% up for the year."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the original free cash expectation for the year?
### Assistant: The text does not provide specific information about the original free cash expectation for the year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How is the supply chain environment expected to improve for building technologies?
### Assistant: The supply chain environment for building technologies is expected to slowly improve. The text mentions, "as the supply chain environment continues to slowly improve."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected growth for long-cycle building solutions sales in 2023?
### Assistant: The expected growth for long-cycle building solutions sales in 2023 is likely to outpace product sales. The text states, "we see our long-cycle building solutions sales likely outpacing product sales in 2023."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How are the impacts from supply constraints expected to affect HBT's growth throughout the year?
### Assistant: The impacts from supply constraints are expected to affect HBT's growth throughout the year. The text mentions, "given that the impacts from our supply constraints were most acute in the first half of 2022."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected range for the negative net below-the-line impact in the second quarter?
### Assistant: The expected range for the negative net below-the-line impact in the second quarter is between negative $130 million and negative $185 million. This is mentioned in the text, "Net below-the-line impact, which is the difference between segment profit and income before tax, is expected to be in the range of negative $130 million to negative $185 million in the second quarter."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much is the share repurchase authorization approved by the Board?
### Assistant: The share repurchase authorization approved by the Board is $10 billion. The text states, "Earlier this week, the Board approved a $10 billion share repurchase authorization."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the upgraded range for full-year EPS guidance?
### Assistant: The upgraded range for full-year EPS guidance is $9 to $9.25. This is stated in the text, "upgrading the low end of our guidance range by $0.20 and the high end of our guidance range by $0.05 to a new range of $9 to $9.25."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's flow guidance for 2023?
### Assistant: Honeywell's flow guidance for 2023 is a range of $3.9 billion to $4.3 billion, or $5.1 billion to $5.5 billion excluding the net impact of settlements.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell's first quarter performance compare to their guidance?
### Assistant: Honeywell's first quarter performance exceeded their guidance across all metrics.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What metrics is Honeywell raising their guidance for?
### Assistant: Honeywell is raising their guidance for full-year 2023 organic sales growth, segment margin, and adjusted EPS.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell's value-creation framework contribute to their performance?
### Assistant: Honeywell's value-creation framework is contributing to their performance by allowing them to overdeliver on their guidance and raise their full-year guidance.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the state of the macro economy according to Honeywell?
### Assistant: The macro economy remains uncertain according to Honeywell.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell's backlog contribute to their performance?
### Assistant: Honeywell's record backlog is contributing to their performance by providing significant runway in the near term.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell position itself to outperform in any environment?
### Assistant: Honeywell positions itself to outperform in any environment through its well-positioned position, strong performance across all metrics, and the execution of its value-creation framework.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is available to answer questions during the Q&A session?
### Assistant: During the Q&A session, Darius Adamczyk, Greg Lewis, Vimal Kapur, and Anne are available to answer questions.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which analyst from J.P. Morgan is asking the first question?
### Assistant: The first question comes from Steve Tusa at J.P. Morgan.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Vimal Kapur's role at Honeywell?
### Assistant: Vimal Kapur is the President and Chief Operating Officer at Honeywell.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Vimal Kapur respond to the analyst's question about sequential trends in earnings?
### Assistant: Vimal Kapur responds to the analyst's question about sequential trends in earnings by stating that the growth momentum is expected to continue, although at a slightly different rate. He mentions that they had a strong quarter in PMT and HPT the prior year, so they are dealing with tough comparisons. He also mentions that Aero will be very strong and SPS will have moderated performance over the rest of the year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which business segments are expected to have strong growth in the second quarter?
### Assistant: Aero is expected to have strong growth in the second quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell expect the performance of SPS to be for the rest of the year?
### Assistant: Honeywell expects the performance of SPS to be moderated over the rest of the year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's new guidance for organic growth rate?
### Assistant: Honeywell's new guidance for organic growth rate is 3% to 6%.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Greg Lewis describe the second quarter results?
### Assistant: Greg Lewis describes the second quarter results as being really nice across the portfolio.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Greg Lewis characterize the business performance going forward?
### Assistant: Greg Lewis characterizes the business performance going forward as being really healthy.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell expect EPS to perform sequentially for the rest of the year?
### Assistant: Honeywell expects EPS to be roughly in line with normal seasonality for the rest of the year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell's EPS phasing compare to normal seasonality?
### Assistant: Honeywell's EPS phasing is not expected to look out of the norm compared to previous years.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Greg Lewis define the normal percentage of the year for EPS sales?
### Assistant: Greg Lewis defines the normal percentage of the year for EPS sales as being roughly in line with the percentage of the year in previous years.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell's EPS performance this year compare to the past couple of years?
### Assistant: Honeywell's EPS performance this year is expected to be similar to the past couple of years, which have been abnormal.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell's first quarter performance impact their full-year guidance?
### Assistant: Honeywell's strong first quarter performance allows them to raise their full-year guidance for organic growth, segment margin, and earnings per share.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell's performance in PMT and HPT in the prior year affect their revenue comparison?
### Assistant: Honeywell's performance in PMT and HPT in the prior year affects their revenue comparison, as they had strong quarters in those segments.


[INST] <<SYS>>
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<<\/SYS>>

### Human: How does Honeywell expect Aero to perform for the rest of the year?
### Assistant: Honeywell expects Aero to be very strong for the rest of the year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell plan to achieve their new organic growth rate guidance?
### Assistant: Honeywell plans to achieve their new organic growth rate guidance by working hard to perform within the 3% to 6% range.


[INST] <<SYS>>
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<<\/SYS>>

### Human: How does Honeywell's performance in PMT and HPT in the past four quarters contribute to their overall business performance?
### Assistant: Honeywell's performance in PMT and HPT in the past four quarters contributes to their overall business performance by providing significantly strong double-digit growth in PMT and high single-digit growth in HPT.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the name of the company mentioned in the text?
### Assistant: The company mentioned in the text is Honeywell.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is the Senior Vice President and Chief Financial Officer of Honeywell?
### Assistant: The Senior Vice President and Chief Financial Officer of Honeywell is Greg Lewis.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which analyst from JPMorgan Chase and Company asked about EPS?
### Assistant: The analyst from JPMorgan Chase and Company who asked about EPS is Steve Tusa.


[INST] <<SYS>>
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<<\/SYS>>

### Human: What is the expected sales growth for Q2 according to Honeywell?
### Assistant: According to Honeywell, the expected sales growth for Q2 is in the range of 3% to 4%.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Is the smaller sequential sales increase in Q2 due to macro or demand-related factors?
### Assistant: The smaller sequential sales increase in Q2 is not due to macro or demand-related factors, but rather more on supply.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the historical revenue step from Q1 to Q2 for Honeywell?
### Assistant: The historical revenue step from Q1 to Q2 for Honeywell is very much consistent with what they have done historically.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much has Honeywell grown quarter-to-quarter sequentially in the past?
### Assistant: Honeywell has grown anywhere from 4% to 7% quarter-to-quarter sequentially in the past.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the margin perspective for Q2 sales according to Honeywell?
### Assistant: According to Honeywell, the margin perspective for Q2 sales is solidly within their Q1 performance, with a potential up of 20 basis points and a potential down of 20 basis points.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the outlook for the PSS portion of the SPS business in the second half of the year?
### Assistant: The outlook for the PSS (Productivity Solutions and Services) portion of the SPS (Safety and Productivity Solutions) business in the second half of the year is that it is back on the rise, with sequential improvement off of Q4.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Has there been any change in warehouse growth or sales assumptions for Honeywell?
### Assistant: There is no information provided in the text about changes in warehouse growth or sales assumptions for Honeywell.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Is the PSS business back on the rise according to Honeywell?
### Assistant: According to Honeywell, the PSS business is back on the rise.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Is the IGS market relatively soft for Honeywell?
### Assistant: Yes, the IGS (Intelligent and Connected Buildings) market is relatively soft for Honeywell.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Is Honeywell seeing an increase in quote activity and opportunity activity for Q2, Q3, and Q4?
### Assistant: Honeywell is seeing an increase in quote activity and opportunity activity for Q2, Q3, and Q4.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are Honeywell's expectations for order trends in the last three quarters of the year?
### Assistant: Honeywell expects much better order trends as they head into the last three quarters of the year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is the President and Chief Operating Officer of Honeywell?
### Assistant: The President and Chief Operating Officer of Honeywell is Vimal Kapur.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the revenue outlook for IGS for the current year?
### Assistant: There is no specific revenue outlook mentioned for IGS for the current year in the given text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's strategy for securing orders for 2023 and beyond?
### Assistant: Honeywell's strategy for securing orders for 2023 and beyond is to work hard to secure a good base of orders for 2023 so that they can have a good year for 2024 ahead.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Will Honeywell lose market share in the IGS business?
### Assistant: According to the text, Honeywell assures that they are not going to lose share in the IGS business.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell plan to print a good year for 2024?
### Assistant: Honeywell plans to print a good year for 2024 by securing a good base of orders for 2023 and focusing on maintaining their market share.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Is Honeywell confident in maintaining its market share as the market recovers?
### Assistant: Yes, Honeywell is confident in maintaining its market share as the market for IGS recovers.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the assumptions for Honeywell's sales growth in the second half of the year?
### Assistant: There are no specific assumptions mentioned for Honeywell's sales growth in the second half of the year in the given text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell expect the market to recover for IGS?
### Assistant: According to Honeywell, the market for IGS is cautiously optimistic and expected to recover as they see the pipeline of opportunities getting better and better.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the long-term nature of the IGS business for Honeywell?
### Assistant: The IGS business for Honeywell is of a long-term nature.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Honeywell's approach to securing a good base of orders for 2023?
### Assistant: Honeywell's approach to securing a good base of orders for 2023 is by working hard to secure a good base of orders for 2023 so that they can have a good year for 2024 ahead.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Is Honeywell focused on maintaining its market share in the IGS business?
### Assistant: Yes, Honeywell is focused on maintaining its market share in the IGS business.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What were the three specific risks that Honeywell was watching 90 days ago?
### Assistant: The three specific risks that Honeywell was watching 90 days ago were China with Chinese New Year and concerns about possible lockdowns, a substantial sequential improvement in output in aerospace, and challenges with the freeze and outage in the Louisiana area with some of their factories.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did China's Chinese New Year impact Honeywell's operations?
### Assistant: China's Chinese New Year did not have a negative impact on Honeywell's operations. There were concerns about possible lockdowns, but ultimately there was no disruption in China.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was the sequential improvement in output for aerospace year over year?
### Assistant: The sequential improvement in output for aerospace year over year was 20%, which was above the high end of Honeywell's guidance and considered quite strong.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What challenges did Honeywell face in December with their factories in the Louisiana area?
### Assistant: In December, Honeywell faced challenges with a freeze in the Louisiana area, which affected some of their factories.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Honeywell manage the outage in January and how did it affect their operations?
### Assistant: Honeywell managed the outage in January by shutting down a plant and bringing it back up again. After the plant was restored, it was operating at levels greater than before the outage even occurred, indicating a successful management of the situation.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which sectors, specifically, drove the revenue outlook for Honeywell?
### Assistant: The sectors that specifically drove the revenue outlook for Honeywell were PMT (possibly Performance Materials and Technologies) and aerospace, with each driving over $100 million in revenue.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What percentage of Honeywell's revenues are typically generated in the last month of the quarter?
### Assistant: Typically, 50% of Honeywell's revenues in any quarter are generated in the last month of the quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expectation for strong cash in Q2 based on the increase in accounts receivable?
### Assistant: The increase in accounts receivable indicates a strong cash expectation for Q2, as there are a lot of receivables to collect in April.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell plan to manage their buyback authorization of $10 billion?
### Assistant: Honeywell plans to manage their buyback authorization of $10 billion by working it down to about a $2 billion range and then reupping it to $8 billion or $10 billion as a normal restaffing process.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell evaluate the optionality of M&A deals versus their buyback program?
### Assistant: Honeywell evaluates the optionality of M&A deals versus their buyback program by considering the ebb and flow of the buyback and the valuations and competitiveness of the M&A deals in the current market.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the current backlog and pipeline for Honeywell's M&A deals?
### Assistant: The current backlog and pipeline for Honeywell's M&A deals is not mentioned in the provided text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell determine when to hit the bid on the $10 billion buyback?
### Assistant: The text does not provide specific information on when Honeywell determines to hit the bid on the $10 billion buyback.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Honeywell typically restaff their buyback authorization?
### Assistant: Honeywell typically restaffs their buyback authorization by reupping it to $8 billion or $10 billion as part of their normal process.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the purpose of reupping the buyback authorization to $8 billion or $10 billion?
### Assistant: The purpose of reupping the buyback authorization to $8 billion or $10 billion is not explicitly mentioned in the provided text.