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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share

Note 4. Earnings Per Share

Three Months EndedSix Months Ended
June 30, June 30,
Basic2017201620172016
Net income attributable to Honeywell$1,392$1,319$2,718$2,535
Weighted average shares outstanding764.2763.3763.6765.5
Earnings per share of common stock$1.82$1.73$3.56$3.31

Three Months EndedSix Months Ended
June 30, June 30,
Assuming Dilution2017201620172016
Net income attributable to Honeywell$1,392$1,319$2,718$2,535
Average Shares
Weighted average shares outstanding764.2763.3763.6765.5
Dilutive securities issuable - stock plans9.811.610.411.7
Total weighted average shares outstanding774.0774.9774.0777.2
Earnings per share of common stock$1.80$1.70$3.51$3.26

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, 2017, the weighted average number of stock options excluded from the computations were 5.0 million and 3.5 million. For the three and six months ended June 30, 2016, the weighted average number of stock options excluded from the computations were 6.7 million and 7.6 million. These stock options were outstanding at the end of each period.