Attached files
file | filename |
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10-Q - 10-Q - L3HARRIS TECHNOLOGIES, INC. /DE/ | hrsq1fy1710-q.htm |
EX-32.2 - EXHIBIT 32.2 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit3221.htm |
EX-32.1 - EXHIBIT 32.1 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit3211.htm |
EX-31.2 - EXHIBIT 31.2 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit3121.htm |
EX-31.1 - EXHIBIT 31.1 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit3111.htm |
EX-15 - EXHIBIT 15 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit151.htm |
EX-10.C - EXHIBIT 10.C - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit10c.htm |
EX-10.B - EXHIBIT 10.B - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit10b.htm |
EX-10.A - EXHIBIT 10.A - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit10a.htm |
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Quarter Ended | |||||||
September 30, 2016 | October 2, 2015 | ||||||
(In millions, except ratios) | |||||||
Earnings: | |||||||
Net income | $ | 160 | $ | 148 | |||
Plus: Income taxes | 65 | 68 | |||||
Fixed charges | 46 | 49 | |||||
Amortization of capitalized interest | — | — | |||||
Less: Interest capitalized during the period | — | — | |||||
Undistributed earnings in equity investments | — | — | |||||
$ | 271 | $ | 265 | ||||
Fixed Charges: | |||||||
Interest expense | $ | 44 | $ | 48 | |||
Plus: Interest capitalized during the period | — | — | |||||
Interest portion of rental expense | 2 | 1 | |||||
$ | 46 | $ | 49 | ||||
Ratio of Earnings to Fixed Charges | 5.89 | 5.41 |