Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - RAYTHEON CO/ | d445777d8k.htm |
| EX-4.1 - FORM OF 2.50% NOTES DUE 2022 - RAYTHEON CO/ | d445777dex41.htm |
| EX-1.1 - UNDERWRITING AGREEMENT - RAYTHEON CO/ | d445777dex11.htm |
| EX-5.1 - OPINION OF BINGHAM MCCUTCHEN LLP - RAYTHEON CO/ | d445777dex51.htm |
Exhibit 12.1
Raytheon Company
Computation of Ratio of Earnings to Fixed Charges
(dollar amounts in millions except for ratio)
(excludes discontinued operations for all periods)
| Nine Months September 30, |
Year Ended December 31, | |||||||||||||||||||||||
| (In Millions, except ratio) |
2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
| Pre-tax income from continuing operations attributable to Raytheon Company common stockholders |
$ | 2,108 | $ | 2,643 | $ | 2,388 | $ | 2,889 | $ | 2,498 | $ | 2,225 | ||||||||||||
| Add: |
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| Fixed charges |
217 | 265 | 233 | 223 | 232 | 294 | ||||||||||||||||||
| Amortization of capitalized interest |
3 | 5 | 4 | 4 | 4 | 3 | ||||||||||||||||||
| Less: |
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| Capitalized interest |
4 | 3 | 3 | 3 | 8 | 6 | ||||||||||||||||||
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| Income as adjusted |
$ | 2,324 | $ | 2,910 | $ | 2,622 | $ | 3,113 | $ | 2,726 | $ | 2,516 | ||||||||||||
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| Fixed charges: |
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| Portion of rents representative of interest factor |
$ | 64 | $ | 90 | $ | 104 | $ | 97 | $ | 95 | $ | 92 | ||||||||||||
| Interest on indebtedness |
149 | 172 | 126 | 123 | 129 | 196 | ||||||||||||||||||
| Capitalized interest |
4 | 3 | 3 | 3 | 8 | 6 | ||||||||||||||||||
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| Fixed charges |
$ | 217 | $ | 265 | $ | 233 | $ | 223 | $ | 232 | $ | 294 | ||||||||||||
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| Ratio of earnings to combined fixed charges |
10.7 | 11.0 | 11.3 | 14.0 | 11.8 | 8.6 | ||||||||||||||||||
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