Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - HALLIBURTON CO | Financial_Report.xls |
10-Q - SEPTEMBER 30, 2011 FORM 10Q - HALLIBURTON CO | edsept201110q_final.htm |
EX-31.2 - 302 CERT FOR MARK MCCOLLUM, CFO - HALLIBURTON CO | exhibit_31-2.htm |
EX-99.1 - MINE SAFETY DISCLOSURE - HALLIBURTON CO | exhibit_99-1.htm |
EX-31.1 - 302 CERT FOR DAVE LESAR, CEO - HALLIBURTON CO | exhibit_31-1.htm |
EX-32.2 - 906 CERT FOR MARK MCCOLLUM, CFO - HALLIBURTON CO | exhibit_32-2.htm |
EX-32.1 - 906 CERT FOR DAVE LESAR, CEO - HALLIBURTON CO | exhibit_32-1.htm |
EXHIBIT 12.1
HALLIBURTON COMPANY
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(Millions of dollars, except ratios)
Nine
Months
Ended
September 30,
|
Year Ended December 31
|
|||||||||||||||||||||||
2011
|
2010
|
2009
|
2008
|
2007
|
2006
|
|||||||||||||||||||
Earnings available for fixed charges:
|
||||||||||||||||||||||||
Income from continuing operations
|
||||||||||||||||||||||||
before income taxes and noncontrolling | ||||||||||||||||||||||||
interest
|
$ | 3,095 | $ | 2,655 | $ | 1,682 | $ | 3,849 | $ | 3,447 | $ | 3,186 | ||||||||||||
Add:
|
||||||||||||||||||||||||
Distributed earnings from equity in
|
||||||||||||||||||||||||
unconsolidated affiliates
|
8 | 13 | 17 | 30 | 43 | 28 | ||||||||||||||||||
Fixed charges
|
270 | 402 | 361 | 232 | 222 | 238 | ||||||||||||||||||
Subtotal
|
3,373 | 3,070 | 2,060 | 4,111 | 3,712 | 3,452 | ||||||||||||||||||
Less:
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||||||||||||||||||||||||
Equity in earnings of unconsolidated
|
||||||||||||||||||||||||
affiliates
|
15 | 20 | 16 | 50 | 57 | 65 | ||||||||||||||||||
Total earnings available for fixed charges
|
$ | 3,358 | $ | 3,050 | $ | 2,044 | $ | 4,061 | $ | 3,655 | $ | 3,387 | ||||||||||||
Fixed charges:
|
||||||||||||||||||||||||
Interest expense
|
$ | 198 | $ | 308 | $ | 297 | $ | 167 | $ | 168 | $ | 179 | ||||||||||||
Rental expense representative of interest
|
72 | 94 | 64 | 65 | 54 | 59 | ||||||||||||||||||
Total fixed charges
|
$ | 270 | $ | 402 | $ | 361 | $ | 232 | $ | 222 | $ | 238 | ||||||||||||
Ratio of earnings to fixed charges
|
12.4 | 7.6 | 5.7 | 17.5 | 16.5 | 14.2 |