EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Earnings Per Share

	Three Months Ended September 30,				Nine Months Ended September 30,
Basic	2021		2020		2021		2020
Net income attributable to Honeywell	$	1,257	$	758	$	4,114	$	3,420
Weighted average shares outstanding	690.6		702.6		693.6		704.8
Earnings per share of common stock - basic	$	1.82	$	1.08	$	5.93	$	4.85

	Three Months Ended September 30,				Nine Months Ended September 30,
Assuming Dilution	2021		2020		2021		2020
Net income attributable to Honeywell	$	1,257	$	758	$	4,114	$	3,420
Average Shares
Weighted average shares outstanding	690.6		702.6		693.6		704.8
Dilutive securities issuable - stock plans	8.3		7.0		8.4		6.8
Total weighted average diluted shares outstanding	698.9		709.6		702.0		711.6
Earnings per share of common stock - assuming dilution	$	1.80	$	1.07	$	5.86	$	4.81

The diluted earnings per share calculations exclude the effect of stock options when the options’ exercise price exceed the average market price of the common shares during the period. For the three and nine months ended September 30, 2021, the weighted average number of stock options excluded from the computations were 1.9 million and 1.6 million, respectively. These stock options were outstanding at the end of each of the respective periods. For the three and nine months ended September 30, 2020, the weighted average number of stock options excluded from the computations were 7.1 million and 6.4 million, respectively.

As of September 30, 2021 and 2020, total shares outstanding were 688.4 million and 701.7 million, respectively, and as of September 30, 2021 and 2020, total shares issued were 957.6 million.