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EARNINGS (LOSS) PER SHARE
9 Months Ended
Sep. 30, 2014
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, 2014 and 2013 are as follows:

 

   Three Months Ended  Nine Months Ended
   September 30,  September 30,
Basic  2014  2013  2014  2013
             
Net income attributable to Honeywell $ 1,167 $ 990 $ 3,283 $ 2,977
Weighted average shares outstanding   784.5   786.3   784.6   786.6
Earnings per share of common stock $ 1.49 $ 1.26 $ 4.18 $ 3.78

             
   Three Months Ended  Nine Months Ended
   September 30,  September 30,
Assuming Dilution  2014  2013  2014  2013
             
Net income attributable to Honeywell $ 1,167 $ 990 $ 3,283 $ 2,977
             
Average Shares             
Weighted average shares outstanding   784.5   786.3   784.6   786.6
Dilutive securities issuable - stock plans   10.5   10.8   11.0   10.9
Total weighted average shares outstanding   795.0   797.1   795.6   797.5
             
Earnings per share of common stock $ 1.47 $ 1.24 $ 4.13 $ 3.73
             

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, 2014, the weighted average number of stock options excluded from the computations were 5.6 million and 4.5 million, respectively. 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. These stock options were outstanding at the end of each of the respective periods.