EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

	Three Months Ended June 30,						Six Months Ended June 30,
Basic	2022			2021			2022			2021
Net income attributable to Honeywell		$	1,261		$	1,430		$	2,395		$	2,857
Weighted average shares outstanding		679.0			693.8			681.8			695.0
Earnings per share of common stock - basic		$	1.86		$	2.06		$	3.51		$	4.11

	Three Months Ended June 30,						Six Months Ended June 30,
Assuming Dilution	2022			2021			2022			2021
Net income attributable to Honeywell		$	1,261		$	1,430		$	2,395		$	2,857
Average Shares
Weighted average shares outstanding		679.0			693.8			681.8			695.0
Dilutive securities issuable - stock plans		6.0			8.7			6.3			8.5
Total weighted average diluted shares outstanding		685.0			702.5			688.1			703.5
Earnings per share of common stock - assuming dilution		$	1.84		$	2.04		$	3.48		$	4.06

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 six months ended June 30, 2022, the weighted average number of stock options excluded from the computations were 5.6 million and 3.4 million, respectively. For the three and six months ended June 30, 2021, the weighted average number of stock options excluded from the computations were 1.9 million and 1.4 million, respectively.

As of June 30, 2022 and 2021, the total shares outstanding were 673.7 million and 690.4 million, respectively, and as of June 30, 2022 and 2021, total shares issued were 957.6 million.