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EARNINGS (LOSS) PER SHARE
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share

Note 6. Earnings Per Share

 

       The details of the earnings per share calculations for the three and six months ended June 30, 2013 and 2012 are as follows:

 

   Three Months Ended  Six Months Ended
   June 30,  June 30,
Basic  2013  2012  2013  2012
             
Net income attributable to Honeywell $ 1,021 $ 902 $ 1,987 $ 1,725
Weighted average shares outstanding   787.6   781.4   786.7   779.3
Earnings per share of common stock $ 1.30 $ 1.15 $ 2.53 $ 2.21

             
   Three Months Ended  Six Months Ended
   June 30,  June 30,
Assuming Dilution  2013  2012  2013  2012
             
Net income attributable to Honeywell $ 1,021 $ 902 $ 1,987 $ 1,725
             
Average Shares             
Weighted average shares outstanding   787.6   781.4   786.7   779.3
Dilutive securities issuable - stock plans   10.5   9.1   10.9   10.0
Total weighted average shares outstanding   798.1   790.5   797.6   789.3
             
Earnings per share of common stock $ 1.28 $ 1.14 $ 2.49 $ 2.19
             

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 and six months ended June 30, 2013, the weighted average number of stock options excluded from the computations were 6.0 and 4.1 million, respectively. For the three and six months ended June 30, 2012, the weighted average number of stock options excluded from the computations were 16.6 and 13.1 million, respectively. These stock options were outstanding at the end of each of the respective periods.