XML 93 R24.htm IDEA: XBRL DOCUMENT v3.24.0.1
EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The details of the earnings per share calculations for the years ended December 31, 2023, 2022, and 2021, are as follows (shares in millions):
BasicYears Ended December 31,
202320222021
Net income attributable to Honeywell$5,658 $4,966 $5,542 
Weighted average shares outstanding663.0 677.1 692.3 
Earnings per share of common stock—basic$8.53 $7.33 $8.01 
Assuming DilutionYears Ended December 31,
202320222021
Net income attributable to Honeywell$5,658 $4,966 $5,542 
Average shares
Weighted average shares outstanding663.0 677.1 692.3 
Dilutive securities issuable—stock plans5.2 6.0 8.1 
Total weighted average diluted shares outstanding668.2 683.1 700.4 
Earnings per share of common stock—assuming dilution$8.47 $7.27 $7.91 
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 2023, 2022, and 2021, the weighted average number of stock options excluded from the computations was 4.5 million, 3.5 million, and 1.7 million, respectively. These stock options were outstanding at the end of each of the respective periods.
As of December 31, 2023, and 2022, the total shares outstanding were 651.8 million and 667.6 million, respectively, and as of December 31, 2023, and 2022, total shares issued were 957.6 million.