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EARNINGS (LOSS) PER SHARE
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share

Note 6. Earnings Per Share

 

       The details of the earnings per share calculations for the three and nine months ended September 30, 2013 and 2012 are as follows:

 

   Three Months Ended  Nine Months Ended
   September 30,  September 30,
Basic  2013  2012  2013  2012
             
Net income attributable to Honeywell $ 990 $ 950 $ 2,977 $ 2,675
Weighted average shares outstanding   786.3   783.6   786.6   780.7
Earnings per share of common stock $ 1.26 $ 1.21 $ 3.78 $ 3.43

             
   Three Months Ended  Nine Months Ended
   September 30,  September 30,
Assuming Dilution  2013  2012  2013  2012
             
Net income attributable to Honeywell $ 990 $ 950 $ 2,977 $ 2,675
             
Average Shares             
Weighted average shares outstanding   786.3   783.6   786.6   780.7
Dilutive securities issuable - stock plans   10.8   8.9   10.9   9.7
Total weighted average shares outstanding   797.1   792.5   797.5   790.4
             
Earnings per share of common stock $ 1.24 $ 1.20 $ 3.73 $ 3.38
             

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 and nine months ended September 30, 2013, the weighted average number of stock options excluded from the computations were 0.2 million and 4.7 million, respectively. For the three and nine months ended September 30, 2012, the weighted average number of stock options excluded from the computations were 16.6 and 14.3 million, respectively. These stock options were outstanding at the end of each of the respective periods.