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EARNINGS (LOSS) PER SHARE
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share

Note 6. Earnings Per Share

 

       The details of the earnings per share calculations for the three months ended March 31, 2013 and 2012 are as follows:

 

   Three Months Ended 
   March 31, 
 Basic 2013  2012 
        
 Net income attributable to Honeywell  966   823 
 Weighted average shares outstanding  785.8   777.3 
 Earnings per share of common stock$ 1.23 $ 1.06 

        
   Three Months Ended 
   March 31, 
 Assuming Dilution 2013  2012 
        
 Net income attributable to Honeywell  966   823 
        
 Average Shares       
 Weighted average shares outstanding  785.8   777.3 
 Dilutive securities issuable - stock plans  11.3   10.8 
 Total weighted average shares outstanding  797.1   788.1 
        
 Earnings per share of common stock$ 1.21 $ 1.04 

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, 2013 and 2012, the number of stock options excluded from the computations were 2.7 and 9.6 million, respectively. These stock options were outstanding at the end of each of the respective periods.