L3HARRIS TECHNOLOGIES, INC. /DE/ - FORM 10-K - EX-12 - EXHIBIT 12 - August 29, 2016

Attached files

file filename
10-K - 10-K - L3HARRIS TECHNOLOGIES, INC. /DE/hrs71201610-k.htm
EX-32.2 - EXHIBIT 32.2 - L3HARRIS TECHNOLOGIES, INC. /DE/ex322.htm
EX-32.1 - EXHIBIT 32.1 - L3HARRIS TECHNOLOGIES, INC. /DE/ex321.htm
EX-31.2 - EXHIBIT 31.2 - L3HARRIS TECHNOLOGIES, INC. /DE/ex312.htm
EX-31.1 - EXHIBIT 31.1 - L3HARRIS TECHNOLOGIES, INC. /DE/ex311.htm
EX-24 - EXHIBIT 24 - L3HARRIS TECHNOLOGIES, INC. /DE/ex24.htm
EX-23 - EXHIBIT 23 - L3HARRIS TECHNOLOGIES, INC. /DE/ex23.htm
EX-21 - EXHIBIT 21 - L3HARRIS TECHNOLOGIES, INC. /DE/ex21.htm
EX-10.G.X - EXHIBIT 10.G.X - L3HARRIS TECHNOLOGIES, INC. /DE/ex10gx.htm
EX-10 - EXHIBIT 10 - L3HARRIS TECHNOLOGIES, INC. /DE/ex10a.htm


 
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
Fiscal Years Ended
 
July 1, 2016
 
July 3, 2015
 
June 27, 2014
 
(In millions, except ratios)
Earnings:
 
 
 
 
 
Income from continuing operations
$
345

 
$
334

 
$
539

Plus: Income taxes
266

 
143

 
256

Fixed charges
191

 
137

 
101

Amortization of capitalized interest
1

 
—

 
—

Less: Interest capitalized during the period
—

 
(2
)
 
(2
)
Undistributed earnings in equity investments
—

 
—

 
—

 
$
803

 
$
612

 
$
894

Fixed Charges:
 
 
 
 
 
Interest expense
$
183

 
$
130

 
$
94

Plus: Interest capitalized during the period
—

 
2

 
2

Interest portion of rental expense
8

 
5

 
5

 
$
191

 
$
137

 
$
101

Ratio of Earnings to Fixed Charges
4.2

 
4.5

 
8.9




L3HARRIS TECHNOLOGIES, INC. /DE/ Reports