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EARNINGS PER SHARE | 3 Months Ended
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Mar. 31, 2024
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE The details of the earnings per share calculations for the three months ended March 31, 2024, and 2023, are as follows (shares in millions):
|  |  | Three Months Ended March 31,
Basic |  |  |  |  | 2024 |  | 2023
Net income attributable to Honeywell |  |  |  |  | $ | 1,463 |  |  | $ | 1,394 |
Weighted average shares outstanding |  |  |  |  | 652.3 |  |  | 667.8 |
Earnings per share of common stock—basic |  |  |  |  | $ | 2.24 |  |  | $ | 2.09 |
|  |  | Three Months Ended March 31,
Assuming Dilution |  |  |  |  | 2024 |  | 2023
Net income attributable to Honeywell |  |  |  |  | $ | 1,463 |  |  | $ | 1,394 |
Average shares |  |  |  |  |  |  |
Weighted average shares outstanding |  |  |  |  | 652.3 |  |  | 667.8 |
Dilutive securities issuable—stock plans |  |  |  |  | 4.3 |  |  | 5.2 |
Total weighted average diluted shares outstanding |  |  |  |  | 656.6 |  |  | 673.0 |
Earnings per share of common stock—assuming dilution |  |  |  |  | $ | 2.23 |  |  | $ | 2.07 |
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. For the three months ended March 31, 2024, and 2023, the weighted average number of stock options excluded from the computations was 4.9 million and 4.0 million, respectively. As of March 31, 2024, and 2023, the total shares outstanding were 651.2 million and 665.7 million, respectively, and as of March 31, 2024, and 2023, total shares issued were 957.6 million.

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