EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

The details of the earnings per share calculations for the years ended December 31, 2022, 2021, and 2020 are as follows (shares in millions):

Basic	Years Ended December 31,
	2022			2021			2020
Net income attributable to Honeywell		$	4,966		$	5,542		$	4,779
Weighted average shares outstanding		677.1			692.3			704.1
Earnings per share of common stock—basic		$	7.33		$	8.01		$	6.79

Assuming dilution	Years Ended December 31,
	2022			2021			2020
Net income attributable to Honeywell		$	4,966		$	5,542		$	4,779
Average shares
Weighted average shares outstanding		677.1			692.3			704.1
Dilutive securities issuable—stock plans		6.0			8.1			7.1
Total weighted average diluted shares outstanding		683.1			700.4			711.2
Earnings per share of common stock—assuming dilution		$	7.27		$	7.91		$	6.72

The diluted earnings per share calculations exclude the effect of stock options when the cost to exercise an option exceeds the average market price of the common shares during the period. In 2022, 2021, and 2020 the weighted number of stock options excluded from the computations were 3.5 million, 1.7 million, and 5.5 million, respectively. These stock options were outstanding at the end of each of the respective periods.

As of December 31, 2022, and 2021, the total shares outstanding were 667.6 million and 684.8 million, respectively, and as of December 31, 2022, and 2021, total shares issued were 957.6 million.