Attached files

file filename
EX-15 - EX-15 - L3HARRIS TECHNOLOGIES, INC. /DE/d82534dex15.htm
EX-32.1 - EX-32.1 - L3HARRIS TECHNOLOGIES, INC. /DE/d82534dex321.htm
EX-32.2 - EX-32.2 - L3HARRIS TECHNOLOGIES, INC. /DE/d82534dex322.htm
EX-31.1 - EX-31.1 - L3HARRIS TECHNOLOGIES, INC. /DE/d82534dex311.htm
EX-10.A - EX-10.A - L3HARRIS TECHNOLOGIES, INC. /DE/d82534dex10a.htm
EX-31.2 - EX-31.2 - L3HARRIS TECHNOLOGIES, INC. /DE/d82534dex312.htm
EX-10.B - EX-10.B - L3HARRIS TECHNOLOGIES, INC. /DE/d82534dex10b.htm
10-Q - FORM 10-Q - L3HARRIS TECHNOLOGIES, INC. /DE/d82534d10q.htm

Exhibit 12

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

     Quarter Ended  
     October 2,
2015
     September 26,
2014
 
     (In millions, except ratios)  

Earnings:

     

Net income

   $ 148      $ 125  

Plus: Income taxes

     68        51  

Fixed charges

     49        25  

Amortization of capitalized interest

     —          —    

Less: Interest capitalized during the period

     —          (1

Undistributed earnings in equity investments

     —          —    
  

 

 

    

 

 

 
   $ 265      $ 200  
  

 

 

    

 

 

 

Fixed Charges:

     

Interest expense

   $ 48      $ 23  

Plus: Interest capitalized during the period

     —          1  

Interest portion of rental expense

     1        1  
  

 

 

    

 

 

 
   $ 49      $ 25  
  

 

 

    

 

 

 

Ratio of Earnings to Fixed Charges

     5.41        8.00