The company, which is set to officially spin off on June 29, aims to generate $6.5 billion in earnings by 2030.

By 2030 Honeywell is targeting annual earnings of at least $6.5 billion and full-year free cash flow of at least $4 billion.

The company, which is set to officially spin off on June 29, aims to generate $6.5 billion in earnings by 2030.