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EARNINGS (LOSS) PER SHARE
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share

Note 4. Earnings Per Share

Three Months Ended
March 31,
Basic20152014
Net income attributable to Honeywell$1,116$1,017
Weighted average shares outstanding783.8784.9
Earnings per share of common stock$1.42$1.30

Three Months Ended
March 31,
Assuming Dilution20152014
Net income attributable to Honeywell$1,116$1,017
Average Shares
Weighted average shares outstanding783.8784.9
Dilutive securities issuable - stock plans10.211.5
Total weighted average shares outstanding794.0796.4
Earnings per share of common stock$1.41$1.28

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, 2015 and 2014, the weighted average number of stock options excluded from the computations was 7.8 million and 2.0 million, respectively. These stock options were outstanding at the end of each of the respective periods.