| EARNINGS PER SHARE The details of the earnings per share calculations for the three months ended March 31, 2026 and 2025, are as follows (shares in millions): | | | | | | | | | | | | | | | | | Basic | Three Months Ended March 31, | | | | 2026 | | 2025 | | | | | Net income from continuing operations attributable to Honeywell | $ | 821 | | | $ | 1,284 | | | | | | Net income from discontinued operations attributable to Honeywell | — | | | 165 | | | | | | | Net income attributable to Honeywell | $ | 821 | | | $ | 1,449 | | | | | | | Weighted average shares outstanding | 634.7 | | | 648.2 | | | | | | | | | | | | | | Earnings per share of common stock from continuing operations—basic | $ | 1.29 | | | $ | 1.99 | | | | | | | Earnings per share of common stock from discontinued operations—basic | — | | | 0.25 | | | | | | Earnings per share of common stock—basic | $ | 1.29 | | | $ | 2.24 | | | | | |
| | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | Assuming Dilution | 2026 | | 2025 | | | | | Net income from continuing operations attributable to Honeywell | $ | 821 | | | $ | 1,284 | | | | | | Net income from discontinued operations attributable to Honeywell | — | | | 165 | | | | | | | Net income attributable to Honeywell | $ | 821 | | | $ | 1,449 | | | | | | | Average shares | | | | | | | | | Weighted average shares outstanding | 634.7 | | | 648.2 | | | | | | | Dilutive securities issuable—stock plans | 3.7 | | | 3.5 | | | | | | | Total weighted average diluted shares outstanding | 638.4 | | | 651.7 | | | | | | | | | | | | | | Earnings per share of common stock from continuing operations—assuming dilution | $ | 1.29 | | | $ | 1.97 | | | | | | | Earnings per share of common stock from discontinued operations—assuming dilution | — | | | 0.25 | | | | | | Earnings per share of common stock—assuming dilution | $ | 1.29 | | | $ | 2.22 | | | | | |
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, 2026 and 2025, the weighted average number of stock options excluded from the computations were 2.1 million and 2.4 million, respectively. As of March 31, 2026 and 2025, the total shares outstanding were 633.7 million and 642.7 million, respectively, and as of March 31, 2026 and 2025, total shares issued were 957.6 million.
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