Attached files
file | filename |
---|---|
EX-24 - EX-24 - L3HARRIS TECHNOLOGIES, INC. /DE/ | d22254dex24.htm |
EX-21 - EX-21 - L3HARRIS TECHNOLOGIES, INC. /DE/ | d22254dex21.htm |
EX-23 - EX-23 - L3HARRIS TECHNOLOGIES, INC. /DE/ | d22254dex23.htm |
EX-31.1 - EX-31.1 - L3HARRIS TECHNOLOGIES, INC. /DE/ | d22254dex311.htm |
EX-32.1 - EX-32.1 - L3HARRIS TECHNOLOGIES, INC. /DE/ | d22254dex321.htm |
EX-31.2 - EX-31.2 - L3HARRIS TECHNOLOGIES, INC. /DE/ | d22254dex312.htm |
EX-32.2 - EX-32.2 - L3HARRIS TECHNOLOGIES, INC. /DE/ | d22254dex322.htm |
EX-10.G.X - EX-10.G.X - L3HARRIS TECHNOLOGIES, INC. /DE/ | d22254dex10gx.htm |
EX-10.F.XI - EX-10.F.XI - L3HARRIS TECHNOLOGIES, INC. /DE/ | d22254dex10fxi.htm |
10-K - FORM 10-K - L3HARRIS TECHNOLOGIES, INC. /DE/ | d22254d10k.htm |
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Fiscal Years Ended | ||||||||||||
July 3, 2015 |
June 27, 2014 |
June 28, 2013 |
||||||||||
(In millions, except ratios) | ||||||||||||
Earnings: |
||||||||||||
Income from continuing operations |
$ | 334 | $ | 539 | $ | 462 | ||||||
Plus: Income taxes |
143 | 256 | 203 | |||||||||
Fixed charges |
137 | 101 | 116 | |||||||||
Amortization of capitalized interest |
| | | |||||||||
Less: Interest capitalized during the period |
(2 | ) | (2 | ) | (1 | ) | ||||||
Undistributed earnings in equity investments |
| | | |||||||||
|
|
|
|
|
|
|||||||
$ | 612 | $ | 894 | $ | 780 | |||||||
|
|
|
|
|
|
|||||||
Fixed Charges: |
||||||||||||
Interest expense |
$ | 130 | $ | 94 | $ | 109 | ||||||
Plus: Interest capitalized during the period |
2 | 2 | 1 | |||||||||
Interest portion of rental expense |
5 | 5 | 6 | |||||||||
|
|
|
|
|
|
|||||||
$ | 137 | $ | 101 | $ | 116 | |||||||
|
|
|
|
|
|
|||||||
Ratio of Earnings to Fixed Charges |
4.5 | 8.9 | 6.7 |