EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2019

Note 6. Earnings Per Share



	Three Months Ended March 31,
Basic	2019		2018
Net income attributable to Honeywell	$	1,416	$	1,439
Weighted average shares outstanding	729.7		750.6
Earnings per share of common stock	$	1.94	$	1.92



	Three Months Ended March 31,
Assuming Dilution	2019		2018
Net income attributable to Honeywell	$	1,416	$	1,439
Average Shares
Weighted average shares outstanding	729.7		750.6
Dilutive securities issuable - stock plans	9.1		10.4
Total weighted average shares outstanding	738.8		761.0
Earnings per share of common stock	$	1.92	$	1.89

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, 2019 and 2018, the weighted average number of stock options excluded from the computations were 3.7 million and 1.1 million. These stock options were outstanding at the end of each of the respective periods.

As of March 31, 2019 and 2018, total shares outstanding were 727.7 million and 746.9 million and as of March 31, 2019 and 2018, total shares issued were 957.6 million.