Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - HALLIBURTON CO | Financial_Report.xls |
| EX-95 - MINE SAFETY DISCLOSURES - HALLIBURTON CO | exhibit_95.htm |
| EX-31.2 - 302 CERTIFICATION FOR MARK MCCOLLUM, CFO - HALLIBURTON CO | exhibit_31-2.htm |
| EX-32.1 - 906 CERTIFICATION FOR DAVE LESAR, CEO - HALLIBURTON CO | exhibit_32-1.htm |
| EX-31.1 - 302 CERTIFICATION FOR DAVE LESAR, CEO - HALLIBURTON CO | exhibit_31-1.htm |
| EX-32.2 - 906 CERTIFICATION FOR MARK MCCOLLUM, CFO - HALLIBURTON CO | exhibit_32-2.htm |
| 10-Q - MARCH 31, 2012 FORM 10-Q FINAL - HALLIBURTON CO | edmarch201210q_final.htm |
EXHIBIT 12.1
HALLIBURTON COMPANY
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(Millions of dollars, except ratios)
|
Three
Months
Ended
March 31,
|
Year Ended December 31
|
|||||||||||||||||||||||
|
2012
|
2011
|
2010
|
2009
|
2008
|
2007
|
|||||||||||||||||||
|
Earnings available for fixed charges:
|
||||||||||||||||||||||||
|
Income from continuing operations
|
||||||||||||||||||||||||
|
before income taxes
|
$ | 942 | $ | 4,449 | $ | 2,655 | $ | 1,682 | $ | 3,849 | $ | 3,447 | ||||||||||||
|
Add:
|
||||||||||||||||||||||||
|
Distributed earnings from equity in
|
||||||||||||||||||||||||
|
unconsolidated affiliates
|
2 | 13 | 13 | 17 | 30 | 43 | ||||||||||||||||||
|
Fixed charges
|
105 | 384 | 402 | 361 | 232 | 222 | ||||||||||||||||||
|
Subtotal
|
1,049 | 4,846 | 3,070 | 2,060 | 4,111 | 3,712 | ||||||||||||||||||
|
Less:
|
||||||||||||||||||||||||
|
Equity in earnings of unconsolidated
|
||||||||||||||||||||||||
|
affiliates
|
4 | 20 | 20 | 16 | 50 | 57 | ||||||||||||||||||
|
Total earnings available for fixed charges
|
$ | 1,045 | $ | 4,826 | $ | 3,050 | $ | 2,044 | $ | 4,061 | $ | 3,655 | ||||||||||||
|
Fixed charges:
|
||||||||||||||||||||||||
|
Interest expense
|
$ | 76 | $ | 268 | $ | 308 | $ | 297 | $ | 167 | $ | 168 | ||||||||||||
|
Rental expense representative of interest
|
29 | 116 | 94 | 64 | 65 | 54 | ||||||||||||||||||
|
Total fixed charges
|
$ | 105 | $ | 384 | $ | 402 | $ | 361 | $ | 232 | $ | 222 | ||||||||||||
|
Ratio of earnings to fixed charges
|
10.0 | 12.6 | 7.6 | 5.7 | 17.5 | 16.5 | ||||||||||||||||||