EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Earnings Per Share

Note 6. Earnings Per Share

	Three Months Ended March 31,
Basic	2020		2019
Net income attributable to Honeywell	$	1,581	$	1,416
Weighted average shares outstanding	709.6		729.7
Earnings per share of common stock	$	2.23	$	1.94

	Three Months Ended March 31,
Assuming Dilution	2020		2019
Net income attributable to Honeywell	$	1,581	$	1,416
Average Shares
Weighted average shares outstanding	709.6		729.7
Dilutive securities issuable - stock plans	7.4		9.1
Total weighted average shares outstanding	717.0		738.8
Earnings per share of common stock	$	2.21	$	1.92

The diluted earnings per share calculations exclude the effect of stock options when the options’ assumed proceeds exceed the average market price of the common shares during the period. For the three months ended March 31, 2020 and 2019, the weighted average number of stock options excluded from the computations were 4.3 million and 3.7 million. These stock options were outstanding at the end of each of the respective periods.

As of March 31, 2020 and 2019, total shares outstanding were 701.8 million and 727.7 million and as of March 31, 2020 and 2019, total shares issued were 957.6 million.