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EARNINGS (LOSS) PER SHARE
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share

Note 6. Earnings Per Share

 

       The details of the earnings per share calculations for the three months ended March 31, 2014 and 2013 are as follows:

 

    Three Months Ended 
    March 31, 
 Basic  2014  2013 
         
 Net income attributable to Honeywell $ 1,017 $ 966 
 Weighted average shares outstanding   784.9   785.8 
 Earnings per share of common stock $ 1.30 $ 1.23 

         
    Three Months Ended 
    March 31, 
 Assuming Dilution  2014  2013 
         
 Net income attributable to Honeywell $ 1,017 $ 966 
         
 Average Shares        
 Weighted average shares outstanding   784.9   785.8 
 Dilutive securities issuable - stock plans   11.5   11.3 
 Total weighted average shares outstanding   796.4   797.1 
         
 Earnings per share of common stock $ 1.28 $ 1.21 
         

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 months ended March 31, 2014 and 2013, the weighted average number of stock options excluded from the computations were 2.0 million and 2.7 million, respectively. These stock options were outstanding at the end of each of the respective periods.