Honeywell expects $470 million charge from Flexjet settlement

Core Viewpoint - Honeywell anticipates a one-time charge of approximately $470 million in Q4 due to potential settlement related to Flexjet litigation, resulting in a 1.3% decline in its shares [1] Financial Impact - The expected charge of $470 million will be recorded in the fourth quarter [1] - The announcement has led to a decrease of 1.3% in Honeywell's share price [1]