EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Earnings Per Share

Note 6. Earnings Per Share

	Three Months Ended September 30,				Nine Months Ended September 30,
Basic	2020		2019		2020		2019
Net income attributable to Honeywell	$	758	$	1,624	$	3,420	$	4,581
Weighted average shares outstanding	702.6		717.6		704.8		723.5
Earnings per share of common stock	$	1.08	$	2.26	$	4.85	$	6.33

	Three Months Ended September 30,				Nine Months Ended September 30,
Assuming Dilution	2020		2019		2020		2019
Net income attributable to Honeywell	$	758	$	1,624	$	3,420	$	4,581
Average Shares
Weighted average shares outstanding	702.6		717.6		704.8		723.5
Dilutive securities issuable - stock plans	7.0		9.1		6.8		9.3
Total weighted average shares outstanding	709.6		726.7		711.6		732.8
Earnings per share of common stock	$	1.07	$	2.23	$	4.81	$	6.25

The diluted earnings per share calculations exclude the effect of stock options when the options’ exercise price exceed the average market price of the common shares during the period. For the three and nine months ended September 30, 2020, the weighted average number of stock options excluded from the computations were 7.1 million and 6.4 million. For the three and nine months ended September 30, 2019, the weighted average number of stock options excluded from the computations were 2.9 million and 3.2 million. These stock options were outstanding at the end of each of the respective periods.

As of September 30, 2020 and 2019, total shares outstanding were 701.7 million and 714.5 million and as of September 30, 2020 and 2019, total shares issued were 957.6 million.