EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2023

The details of the earnings per share calculations for the three months ended March 31, 2023, and 2022, are as follows (shares in millions):


	Three Months Ended March 31,
Basic		2023	2022
Net income attributable to Honeywell				$	1,394	$	1,134
Weighted average shares outstanding				667.8		684.7
Earnings per share of common stock—basic				$	2.09	$	1.66


	Three Months Ended March 31,
Assuming Dilution		2023	2022
Net income attributable to Honeywell				$	1,394	$	1,134
Average shares
Weighted average shares outstanding				667.8		684.7
Dilutive securities issuable—stock plans				5.2		6.6
Total weighted average diluted shares outstanding				673.0		691.3
Earnings per share of common stock—assuming dilution				$	2.07	$	1.64

The diluted earnings per share calculations exclude the effect of stock options when the cost to exercise an option exceeds the average market price of the common shares during the period. For the three months ended March 31, 2023, and 2022, the weighted average number of stock options excluded from the computations were 4 million and 3 million, respectively.

As of March 31, 2023, and 2022, the total shares outstanding were 665.7 million and 680.7 million, respectively, and as of March 31, 2023, and 2022, total shares issued were 957.6 million.