Attached files

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EXCEL - IDEA: XBRL DOCUMENT - L3HARRIS TECHNOLOGIES, INC. /DE/Financial_Report.xls
EX-32.2 - EX-32.2 - L3HARRIS TECHNOLOGIES, INC. /DE/d769277dex322.htm
EX-32.1 - EX-32.1 - L3HARRIS TECHNOLOGIES, INC. /DE/d769277dex321.htm
EX-10.Z - EX-10.Z - L3HARRIS TECHNOLOGIES, INC. /DE/d769277dex10z.htm
EX-23 - EX-23 - L3HARRIS TECHNOLOGIES, INC. /DE/d769277dex23.htm
EX-24 - EX-24 - L3HARRIS TECHNOLOGIES, INC. /DE/d769277dex24.htm
EX-21 - EX-21 - L3HARRIS TECHNOLOGIES, INC. /DE/d769277dex21.htm
EX-31.1 - EX-31.1 - L3HARRIS TECHNOLOGIES, INC. /DE/d769277dex311.htm
EX-31.2 - EX-31.2 - L3HARRIS TECHNOLOGIES, INC. /DE/d769277dex312.htm
10-K - FORM 10-K - L3HARRIS TECHNOLOGIES, INC. /DE/d769277d10k.htm

Exhibit 12

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

     Fiscal Years Ended  
     June 27,
2014
    June 28,
2013
    June 29,
2012
 
     (In millions, except ratios)  

Earnings:

      

Income from continuing operations

   $ 539.2     $ 461.9     $ 555.9  

Plus: Income taxes

     256.2       202.7       286.0  

          Fixed charges

     100.7       116.1       119.2  

          Amortization of capitalized interest

     0.1       0.1       0.1  

Less: Interest capitalized during the period

     (1.9     (0.5      

          Undistributed earnings in equity investments

                  
  

 

 

   

 

 

   

 

 

 
   $ 894.3     $ 780.3     $ 961.2  
  

 

 

   

 

 

   

 

 

 

Fixed Charges:

      

Interest expense

   $ 93.6     $ 109.1     $ 113.2  

Plus: Interest capitalized during the period

     1.9       0.5        

          Interest portion of rental expense

     5.2       6.5       6.0  
  

 

 

   

 

 

   

 

 

 
   $ 100.7     $ 116.1     $ 119.2  
  

 

 

   

 

 

   

 

 

 

Ratio of Earnings to Fixed Charges

     8.88       6.72       8.06