Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - HALLIBURTON COFinancial_Report.xls
10-Q - SEPTEMBER 30, 2011 FORM 10Q - HALLIBURTON COedsept201110q_final.htm
EX-31.2 - 302 CERT FOR MARK MCCOLLUM, CFO - HALLIBURTON COexhibit_31-2.htm
EX-99.1 - MINE SAFETY DISCLOSURE - HALLIBURTON COexhibit_99-1.htm
EX-31.1 - 302 CERT FOR DAVE LESAR, CEO - HALLIBURTON COexhibit_31-1.htm
EX-32.2 - 906 CERT FOR MARK MCCOLLUM, CFO - HALLIBURTON COexhibit_32-2.htm
EX-32.1 - 906 CERT FOR DAVE LESAR, CEO - HALLIBURTON COexhibit_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:
                                               
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