COVID Stimulus Watch Individual Entry
Recipient Company:
Honeywell International Inc
Loan or Loan Guarantee Amount:
$2,069,845
Recipient Details
Ownership Structure: publicly traded (ticker symbol HON)
Award Details
Award Date: Nov 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Honeywell International
Headquartered in: North Carolina
Parent Sector: diversified
Parent Industry: diversified
Employees (prior to pandemic): 113,000
Accountability Issues Since 2010
Employment-related Penalties: $31,778,765
Government-contracting-related Penalties: $4,000,000
Environmental / Healthcare / Safety Penalties: $128,076,152
Consumer Protection / Financial / Competition-related Penalties: $15,950,000
Ratio of CEO Pay to that of Median Worker: 295 to 1
CEO Compensation: $20,525,104
Worker Median Pay: $69,513
Total Federal, State, and Local Subsidies: $426,888,418
Federal Corporate Income Tax Rate: -2.5%
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