EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2018

Earnings Per Share [Abstract]

Earnings Per Share

Note6. Earnings Per Share

		Three Months Ended				Six Months Ended
		June 30,				June 30,
Basic		2018		2017		2018		2017
Net income attributable to Honeywell	$	1,267	$	1,392	$	2,705	$	2,718
Weighted average shares outstanding		745.5		764.2		748.0		763.6
Earnings per share of common stock	$	1.70	$	1.82	$	3.62	$	3.56

		Three Months Ended				Six Months Ended
		June 30,				June 30,
Assuming Dilution		2018		2017		2018		2017
Net income attributable to Honeywell	$	1,267	$	1,392	$	2,705	$	2,718
Average Shares
Weighted average shares outstanding		745.5		764.2		748.0		763.6
Dilutive securities issuable - stock plans		9.5		9.8		10.0		10.4
Total weighted average shares outstanding		755.0		774.0		758.0		774.0
Earnings per share of common stock	$	1.68	$	1.80	$	3.57	$	3.51

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 six months endedJune 30, 2018, the weighted average number of stock options excluded from the computations were 3.1 million and 2.1 million. For thethree and six months endedJune 30, 2017, the weighted average number of stock options excluded from the computations were 5.0million and 3.5million. These stock options were outstanding at the end of each period.

As of June 30, 2018 and 2017, total shares outstanding were 742.6 million and 760.6 million and as of June 30, 2018 and 2017, total shares issued were 957.6 million.