Attached files

file filename
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