Honeywell open to water, healthcare in M&A pipeline

Company sits on a record $9.1 billion cash pile, last made $1 billion-plus purchase in 2010

Honeywell International Inc Chief Executive Officer Dave Cote is open to considering acquisitions in water and healthcare, both potential new business lines, as he examines a pipeline of more than 100 possible deals.

"There are a couple of industries I've always been intrigued with - water and medical being two of them," Cote said. "I would never say never on any of that. I'd have to find a spot where I'd say, 'OK, we can make this better'."