UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    Form 13F
                               Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2003
Check here if Amendment [_]; Amendment Number: ______________
     This Amendment (Check only one.): [_] is a restatement.
                                       [_] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name:           Honeywell International Inc.
Address:        P.O. Box 1219
                101 Columbia Road
                Morristown, New Jersey  07960
Form 13F File Number: 28-1879
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Edward T. Tokar
Title: Vice President - Investments of Honeywell International Inc.
Phone(973) 455-5681
Signature, Place, and Date of Signing:
                       Morris Township, New Jersey February 17, 2004
- ----------------------
Edward T. Tokar
Report Type (Check only one.):
[X]  13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
     are reported in this report.)
[_]  13F NOTICE. (Check here if no holdings reported are in this report, and all
     holdings are reported by other reporting manager(s).)
[_]  13F COMBINATION REPORT. (Check here if a portion of the holdings for this
     reporting manager are reported in this report and a portion are reported by
     other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]

Form 13F File Number                  Name
- --------------------                  ----
                                   
NONE

                              Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:              1
Form 13F Information Table Entry Total:        99
Form 13F Information Table Value Total:  $658,908
                                         (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.

No.                  Form 13F File Number      Name
- ---                  --------------------      ----
                                         
1.                   28-7176                   Allied Capital Management LLC

                                   13F REPORT
                                DECEMBER 31, 2003
            NAME OF REPORTING MANAGER: HONEYWELL INTERNATIONAL, INC.

COLUMN 1                   COLUMN 2  COLUMN 3   COLUMN 4   COLUMN 5
                           TITLE OF    CUSIP      VALUE    SHRS OR
NAME OF ISSUER              CLASS     NUMBER    (x$1,000)  PRN AMT    SH/PRN
- -----------------------------------------------------------------------------
                                                         
ACE LTD                      ORD     G0070K103      5,260    127,000    SH
INTERWAVE COMMUNICATIONS     COM     G4911N300          1        285    SH
AT&T CORP                    COM     001957505      1,868     92,000    SH
AT&T WIRELESS SVCS INC       COM     00209A106      9,668  1,210,000    SH
ABBOTT LABS                  COM     002824100      4,101     88,000    SH
AIR PRODS & CHEMS INC        COM     009158106        859     16,265    SH
ALCOA INC                    COM     013817101      3,800    100,000    SH
ALCATEL SPONSORED ADR        ADR     013904305        454     35,358    SH
ALLSTATE CORP                COM     020002101      3,588     83,400    SH
ALTRIA GROUP INC             COM     02209S103     10,231    188,000    SH
AMBAC FINL GROUP INC         COM     023139108      7,036    101,400    SH
AMERISOURCEBERGEN CORP       COM     03073E105      6,120    109,000    SH
ANADARKO PETE CORP           COM     032511107      6,840    134,100    SH
ANDREW CORP                  COM     034425108      5,285    459,200    SH
BP PLC SPONSORED ADR         ADR     055622104      4,491     91,000    SH
BANK OF AMERICA CORP         COM     060505104     14,606    181,600    SH
BARD C R INC                 COM     067383109      5,988     73,700    SH
BECTON DICKINSON & CO        COM     075887109     11,499    279,500    SH
BELLSOUTH CORP               COM     079860102      3,962    140,000    SH
BEMIS INC                    COM     081437105      4,000     80,000    SH
BLACK & DECKER CORP          COM     091797100      2,959     60,000    SH
BLOCK H & R INC              COM     093671105      7,475    135,000    SH
BRISTOL MYERS SQUIBB CO      COM     110122108     12,412    434,000    SH
CIGNA CORP                   COM     125509109     11,931    207,500    SH
CVS CORP                     COM     126650100      7,766    215,000    SH
CAREMARK RX INC              COM     141705103      3,293    130,000    SH
CHEVRONTEXACO CORP           COM     166764100     11,758    136,100    SH
CITIGROUP INC                COM     172967101      4,611     95,000    SH
COCA COLA CO                 COM     191216100      2,284     45,000    SH
CONAGRA FOODS INC            COM     205887102      2,692    102,000    SH
CONOCOPHILLIPS               COM     20825C104      7,480    114,074    SH
CONSTELLATION BRANDS INC     CL A    21036P108      4,923    149,500    SH
CONVERGYS CORP               COM     212485106      6,489    371,650    SH
COOPER TIRE & RUBBER CO      COM     216831107      1,967     92,000    SH
DELPHI CORP                  COM     247126105      4,492    440,000    SH
DOLLAR GEN CORP              COM     256669102      1,528     72,800    SH
DONNELLEY R R & SONS CO      COM     257867101      4,673    155,000    SH
DUKE ENERGY CORP             COM     264399106      5,736    280,500    SH
EASTMAN KODAK CO             COM     277461109      3,080    120,000    SH
EL PASO CORP                 COM     28336L109     10,011  1,222,400    SH

                                                                    COLUMN 8
COLUMN 1                              COLUMN 6   COLUMN 7       VOTING AUTHORITY
                                     INVESTMENT   OTHER    -----------------------
NAME OF ISSUER             PUT/CALL  DISCRETION  MANAGERS     SOLE    SHARED  NONE
- ----------------------------------------------------------------------------------
                                                            
ACE LTD                       N/A     DEFINED     DEFINED    127,000
INTERWAVE COMMUNICATIONS      N/A     DEFINED     DEFINED        285
AT&T CORP                     N/A     DEFINED     DEFINED     92,000
AT&T WIRELESS SVCS INC        N/A     DEFINED     DEFINED  1,210,000
ABBOTT LABS                   N/A     DEFINED     DEFINED     88,000
AIR PRODS & CHEMS INC         N/A     DEFINED     DEFINED     16,265
ALCOA INC                     N/A     DEFINED     DEFINED    100,000
ALCATEL SPONSORED ADR         N/A     DEFINED     DEFINED     35,358
ALLSTATE CORP                 N/A     DEFINED     DEFINED     83,400
ALTRIA GROUP INC              N/A     DEFINED     DEFINED    188,000
AMBAC FINL GROUP INC          N/A     DEFINED     DEFINED    101,400
AMERISOURCEBERGEN CORP        N/A     DEFINED     DEFINED    109,000
ANADARKO PETE CORP            N/A     DEFINED     DEFINED    134,100
ANDREW CORP                   N/A     DEFINED     DEFINED    459,200
BP PLC SPONSORED ADR          N/A     DEFINED     DEFINED     91,000
BANK OF AMERICA CORP          N/A     DEFINED     DEFINED    181,600
BARD C R INC                  N/A     DEFINED     DEFINED     73,700
BECTON DICKINSON & CO         N/A     DEFINED     DEFINED    279,500
BELLSOUTH CORP                N/A     DEFINED     DEFINED    140,000
BEMIS INC                     N/A     DEFINED     DEFINED     80,000
BLACK & DECKER CORP           N/A     DEFINED     DEFINED     60,000
BLOCK H & R INC               N/A     DEFINED     DEFINED    135,000
BRISTOL MYERS SQUIBB CO       N/A     DEFINED     DEFINED    434,000
CIGNA CORP                    N/A     DEFINED     DEFINED    207,500
CVS CORP                      N/A     DEFINED     DEFINED    215,000
CAREMARK RX INC               N/A     DEFINED     DEFINED    130,000
CHEVRONTEXACO CORP            N/A     DEFINED     DEFINED    136,100
CITIGROUP INC                 N/A     DEFINED     DEFINED     95,000
COCA COLA CO                  N/A     DEFINED     DEFINED     45,000
CONAGRA FOODS INC             N/A     DEFINED     DEFINED    102,000
CONOCOPHILLIPS                N/A     DEFINED     DEFINED    114,074
CONSTELLATION BRANDS INC      N/A     DEFINED     DEFINED    149,500
CONVERGYS CORP                N/A     DEFINED     DEFINED    371,650
COOPER TIRE & RUBBER CO       N/A     DEFINED     DEFINED     92,000
DELPHI CORP                   N/A     DEFINED     DEFINED    440,000
DOLLAR GEN CORP               N/A     DEFINED     DEFINED     72,800
DONNELLEY R R & SONS CO       N/A     DEFINED     DEFINED    155,000
DUKE ENERGY CORP              N/A     DEFINED     DEFINED    280,500
EASTMAN KODAK CO              N/A     DEFINED     DEFINED    120,000
EL PASO CORP                  N/A     DEFINED     DEFINED  1,222,400

                                  Page 1 of 3

                                   13F REPORT
                                DECEMBER 31, 2003
            NAME OF REPORTING MANAGER: HONEYWELL INTERNATIONAL, INC.

COLUMN 1                   COLUMN 2  COLUMN 3   COLUMN 4   COLUMN 5
                           TITLE OF    CUSIP      VALUE    SHRS OR
NAME OF ISSUER              CLASS     NUMBER    (x$1,000)  PRN AMT    SH/PRN
- ------------------------------------------------------------------------------
                                                        
EXXON MOBIL CORP             COM     30231G102     1,435      35,000    SH
FISHER SCIENTIFIC INTL       COM     338032204     5,213     126,000    SH
FORD MOTOR CO DEL            COM     345370860     2,960     185,000    SH
GAP INC DEL                  COM     364760108     6,752     290,900    SH
GENERAL ELEC CO              COM     369604103     3,501     113,000    SH
GENUINE PARTS CO             COM     372460105     4,150     125,000    SH
HALLIBURTON CO               COM     406216101     2,522      97,000    SH
HANCOCK JOHN FINL SVCS       COM     41014S106     1,023      27,282    SH
HEWLETT PACKARD CO           COM     428236103    14,218     619,000    SH
HOME DEPOT INC               COM     437076102     9,302     262,100    SH
INGRAM MICRO INC CL A        CL A    457153104     6,233     392,000    SH
INTERNATIONAL FLAVOURS       COM     459506101     6,404     183,400    SH
J P MORGAN CHASE & CO        COM     46625H100    13,443     366,000    SH
JEFFERSON PILOT CORP         COM     475070108     4,422      87,300    SH
JOHNSON & JOHNSON            COM     478160104     8,684     168,100    SH
JOHNSON CTLS INC             COM     478366107     8,337      71,800    SH
KING PHARMACEUTICALS INC     COM     495582108     4,807     315,000    SH
LABORATORY CORP AMER         COM     50540R409     7,760     210,000    SH
LIMITED BRANDS INC           COM     532716107    11,109     616,160    SH
LINCOLN NATL CORP IND        COM     534187109     3,835      95,000    SH
MBNA CORP                    COM     55262L100     7,800     313,900    SH
MARATHON OIL CORP            COM     565849106     4,302     130,000    SH
MARSH & MCLENNAN COS INC     COM     571748102     8,702     181,700    SH
MASCO CORP                   COM     574599106    11,758     428,965    SH
MATTEL INC                   COM     577081102     8,535     442,900    SH
MAYTAG CORP                  COM     578592107     3,999     143,600    SH
MERCK & CO INC               COM     589331107     3,927      85,000    SH
METLIFE INC                  COM     59156R108     7,609     226,000    SH
MICROSOFT CORP               COM     594918104    10,887     395,300    SH
MONSANTO CO NEW              COM     61166W101     2,878     100,000    SH
MORGAN STANLEY NEW           COM     617446448     4,051      70,000    SH
MOTOROLA INC                 COM     620076109     9,030     641,800    SH
MYLAN LABS INC               COM     628530107     4,047     160,200    SH
NORTHROP GRUMMAN CORP        COM     666807102     4,684      49,000    SH
OMNICARE INC                 COM     681904108     5,449     134,900    SH
PENTAIR INC                  COM     709631105     5,927     129,700    SH
PEPSICO INC                  COM     713448108     5,152     110,500    SH
PFIZER INC                   COM     717081103    14,417     408,080    SH
POPULAR INC                  COM     733174106     7,280     162,000    SH
REEBOK INTL LTD              COM     758110100       786      20,000    SH

                                                                    COLUMN 8
COLUMN 1                              COLUMN 6   COLUMN 7       VOTING AUTHORITY
                                     INVESTMENT   OTHER    -----------------------
NAME OF ISSUER             PUT/CALL  DISCRETION  MANAGERS     SOLE    SHARED  NONE
- ----------------------------------------------------------------------------------
                                                            
EXXON MOBIL CORP              N/A     DEFINED     DEFINED     35,000
FISHER SCIENTIFIC INTL        N/A     DEFINED     DEFINED    126,000
FORD MOTOR CO DEL             N/A     DEFINED     DEFINED    185,000
GAP INC DEL                   N/A     DEFINED     DEFINED    290,900
GENERAL ELEC CO               N/A     DEFINED     DEFINED    113,000
GENUINE PARTS CO              N/A     DEFINED     DEFINED    125,000
HALLIBURTON CO                N/A     DEFINED     DEFINED     97,000
HANCOCK JOHN FINL SVCS        N/A     DEFINED     DEFINED     27,282
HEWLETT PACKARD CO            N/A     DEFINED     DEFINED    619,000
HOME DEPOT INC                N/A     DEFINED     DEFINED    262,100
INGRAM MICRO INC CL A         N/A     DEFINED     DEFINED    392,000
INTERNATIONAL FLAVOURS        N/A     DEFINED     DEFINED    183,400
J P MORGAN CHASE & CO         N/A     DEFINED     DEFINED    366,000
JEFFERSON PILOT CORP          N/A     DEFINED     DEFINED     87,300
JOHNSON & JOHNSON             N/A     DEFINED     DEFINED    168,100
JOHNSON CTLS INC              N/A     DEFINED     DEFINED     71,800
KING PHARMACEUTICALS INC      N/A     DEFINED     DEFINED    315,000
LABORATORY CORP AMER          N/A     DEFINED     DEFINED    210,000
LIMITED BRANDS INC            N/A     DEFINED     DEFINED    616,160
LINCOLN NATL CORP IND         N/A     DEFINED     DEFINED     95,000
MBNA CORP                     N/A     DEFINED     DEFINED    313,900
MARATHON OIL CORP             N/A     DEFINED     DEFINED    130,000
MARSH & MCLENNAN COS INC      N/A     DEFINED     DEFINED    181,700
MASCO CORP                    N/A     DEFINED     DEFINED    428,965
MATTEL INC                    N/A     DEFINED     DEFINED    442,900
MAYTAG CORP                   N/A     DEFINED     DEFINED    143,600
MERCK & CO INC                N/A     DEFINED     DEFINED     85,000
METLIFE INC                   N/A     DEFINED     DEFINED    226,000
MICROSOFT CORP                N/A     DEFINED     DEFINED    395,300
MONSANTO CO NEW               N/A     DEFINED     DEFINED    100,000
MORGAN STANLEY NEW            N/A     DEFINED     DEFINED     70,000
MOTOROLA INC                  N/A     DEFINED     DEFINED    641,800
MYLAN LABS INC                N/A     DEFINED     DEFINED    160,200
NORTHROP GRUMMAN CORP         N/A     DEFINED     DEFINED     49,000
OMNICARE INC                  N/A     DEFINED     DEFINED    134,900
PENTAIR INC                   N/A     DEFINED     DEFINED    129,700
PEPSICO INC                   N/A     DEFINED     DEFINED    110,500
PFIZER INC                    N/A     DEFINED     DEFINED    408,080
POPULAR INC                   N/A     DEFINED     DEFINED    162,000
REEBOK INTL LTD               N/A     DEFINED     DEFINED     20,000

                                  Page 2 of 3

                                   13F REPORT
                                DECEMBER 31, 2003
            NAME OF REPORTING MANAGER: HONEYWELL INTERNATIONAL, INC.

COLUMN 1                   COLUMN 2  COLUMN 3   COLUMN 4   COLUMN 5
                           TITLE OF    CUSIP      VALUE    SHRS OR
NAME OF ISSUER              CLASS     NUMBER    (x$1,000)  PRN AMT    SH/PRN
- ------------------------------------------------------------------------------
                                                         
SBC COMMUNICATIONS INC       COM     78387G103     9,255     355,000    SH
ST PAUL COS INC              COM     792860108     7,906     199,400    SH
SARA LEE CORP                COM     803111103     6,661     306,800    SH
SHERWIN WILLIAMS CO          COM     824348106     4,725     136,000    SH
SILENT WITNESS
 ENTERPRISES LTD.            COM     826906307    59,462   7,012,004    SH
SOTHEBYS HLDGS INC CL A      CL A    835898107         3         237    SH
STANLEY WKS                  COM     854616109     1,541      40,700    SH
SUNGARD DATA SYS INC         COM     867363103     6,279     226,600    SH
SUPERVALU INC                COM     868536103     6,250     218,600    SH
TEVA PHARMACEUTICAL INDS     COM     881624209     6,227     109,800    SH
TOYS R US INC                COM     892335100     6,909     546,600    SH
US BANCORP DEL COM NEW       COM     902973304    12,210     410,000    SH
UNION PAC CORP               COM     907818108     7,226     104,000    SH
UNUMPROVIDENT CORP           COM     91529Y106    13,569     860,400    SH
VALERO ENERGY CORP           COM     91913Y100     3,601      77,700    SH
WATERS CORP                  COM     941848103     5,650     170,400    SH
WELLPOINT HEALTH NETWORKS    COM     94973H108     8,690      89,600    SH
WELLS FARGO & CO NEW         COM     949746101     2,980      50,595    SH
YUM BRANDS INC               COM     988498101     5,215     151,600    SH
   GRAND TOTAL                                   658,908  27,951,955

                                                                    COLUMN 8
COLUMN 1                              COLUMN 6   COLUMN 7       VOTING AUTHORITY
                                     INVESTMENT   OTHER    -----------------------
NAME OF ISSUER             PUT/CALL  DISCRETION  MANAGERS     SOLE    SHARED  NONE
- ----------------------------------------------------------------------------------
                                                            
SBC COMMUNICATIONS INC        N/A     DEFINED     DEFINED    355,000
ST PAUL COS INC               N/A     DEFINED     DEFINED    199,400
SARA LEE CORP                 N/A     DEFINED     DEFINED    306,800
SHERWIN WILLIAMS CO           N/A     DEFINED     DEFINED    136,000
SILENT WITNESS
 ENTERPRISES LTD.             N/A     DEFINED     DEFINED  7,012,004
SOTHEBYS HLDGS INC CL A       N/A     DEFINED     DEFINED        237
STANLEY WKS                   N/A     DEFINED     DEFINED     40,700
SUNGARD DATA SYS INC          N/A     DEFINED     DEFINED    226,600
SUPERVALU INC                 N/A     DEFINED     DEFINED    218,600
TEVA PHARMACEUTICAL INDS      N/A     DEFINED     DEFINED    109,800
TOYS R US INC                 N/A     DEFINED     DEFINED    546,600
US BANCORP DEL COM NEW        N/A     DEFINED     DEFINED    410,000
UNION PAC CORP                N/A     DEFINED     DEFINED    104,000
UNUMPROVIDENT CORP            N/A     DEFINED     DEFINED    860,400
VALERO ENERGY CORP            N/A     DEFINED     DEFINED     77,700
WATERS CORP                   N/A     DEFINED     DEFINED    170,400
WELLPOINT HEALTH NETWORKS     N/A     DEFINED     DEFINED     89,600
WELLS FARGO & CO NEW          N/A     DEFINED     DEFINED     50,595
YUM BRANDS INC                N/A     DEFINED     DEFINED    151,600
   GRAND TOTAL

                                  Page 3 of 3