Is it Honeywell out east vs. Google in the Bay area? If so, when you say same TC does that account for COL difference?
Also what is the "non SWE" role? Many roles outside of engineering aren't that valued at Google (or carry the same weight outside of Google).
Lastly, what are your career goals? An engineering manager at Honeywell (what division?) Can set you up for a nice career, but it is different from the FANG SWE treadmill. Your interests and desires are probably the biggest factor here.