EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

	Three Months Ended September 30,						Nine Months Ended September 30,
Basic	2022			2021			2022			2021
Net income attributable to Honeywell		$	1,552		$	1,257		$	3,947		$	4,114
Weighted average shares outstanding		674.1			690.6			679.3			693.6
Earnings per share of common stock - basic		$	2.30		$	1.82		$	5.81		$	5.93

	Three Months Ended September 30,						Nine Months Ended September 30,
Assuming Dilution	2022			2021			2022			2021
Net income attributable to Honeywell		$	1,552		$	1,257		$	3,947		$	4,114
Average Shares
Weighted average shares outstanding		674.1			690.6			679.3			693.6
Dilutive securities issuable - stock plans		5.5			8.3			6.0			8.4
Total weighted average diluted shares outstanding		679.6			698.9			685.3			702.0
Earnings per share of common stock - assuming dilution		$	2.28		$	1.80		$	5.76		$	5.86

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, 2022, the weighted average number of stock options excluded from the computations were 5.5 million and 3.6 million, respectively. For the three and nine months ended September 30, 2021, the weighted average number of stock options excluded from the computations were 1.9 million and 1.6 million, respectively.

As of September 30, 2022 and 2021, the total shares outstanding were 672.3 million and 688.4 million, respectively, and as of September 30, 2022 and 2021, total shares issued were 957.6 million.