Core Viewpoint - Honeywell is restructuring its business segments in preparation for the planned spin-offs of its Solstice Advanced Materials and Aerospace Technology businesses, with the latter expected to be completed in the second half of 2026 [1][6]. Business Segment Updates - The Solstice Advanced Materials business was successfully spun off on October 30, 2025, while the Aerospace Technology business will be reported as a separate entity starting from the first quarter of 2026 [1][6]. - Following the spin-off, Honeywell will report its performance across four main business segments: Aerospace Technology, Smart Building Technology, Smart Industrial Technology, and Process Automation and Technology, effective January 1, 2026 [1][3]. Aerospace Business Spin-off - The Aerospace business, once spun off, will become one of the largest independent publicly traded aerospace suppliers, leveraging its technological and systems advantages to enhance flight electrification and autonomy [1][2]. - Honeywell's aerospace technologies are integrated into nearly every commercial aircraft globally, including propulsion systems, cockpit and navigation systems, and auxiliary power systems [1]. Strategic Focus Post Spin-off - Post spin-off, Honeywell aims to lead the industrial sector's transition from automation to autonomy, utilizing a comprehensive portfolio of technology, solutions, and software to enhance customer productivity [3]. - The company emphasizes the importance of data utilization from its extensive global customer base to address complex challenges across various sectors, including building and industrial facilities [3]. Leadership Structure - The leadership for the new business segments will include Billal Hammoud as President and CEO of Smart Building Technology, Peter Lau as President and CEO of Smart Industrial Technology, and Jim Masso as President and CEO of Process Automation [5].