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EARNINGS (LOSS) PER SHARE
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share

Note 6. Earnings Per Share

 

       The details of the earnings per share calculations for the years ended December 31, 2014, 2013 and 2012 are as follows:

 

   Years Ended December 31, 
Basic  2014  2013  2012 
           
Net income attributable to Honeywell $ 4,239 $ 3,924 $ 2,926 
           
Weighted average shares outstanding   784.4   786.4   782.4 
           
Earnings per share of common stock $ 5.40 $ 4.99 $ 3.74 
           

   Years Ended December 31, 
Assuming Dilution  2014  2013  2012 
           
Net income attributable to Honeywell $4,239 $3,924 $2,926 
           
Average Shares           
Weighted average shares outstanding   784.4   786.4   782.4 
Dilutive securities issuable - stock plans   10.8   10.9   9.5 
Total weighted average diluted shares outstanding   795.2   797.3   791.9 
           
Earnings per share of common stock -          
assuming dilution $5.33 $4.92 $3.69 

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. In 2014, 2013, and 2012 the weighted number of stock options excluded from the computations were 4.7 million, 2.2 million, and 12.5 million, respectively. These stock options were outstanding at the end of each of the respective periods.