Attached files
file | filename |
---|---|
EX-32.2 - HONEYWELL INTERNATIONAL INC | c86783_ex32-2.htm |
EX-32.1 - HONEYWELL INTERNATIONAL INC | c86783_ex32-1.htm |
EX-31.2 - HONEYWELL INTERNATIONAL INC | c86783_ex31-2.htm |
EX-31.1 - HONEYWELL INTERNATIONAL INC | c86783_ex31-1.htm |
EX-24 - HONEYWELL INTERNATIONAL INC | c86783_ex24.htm |
EX-23.2 - HONEYWELL INTERNATIONAL INC | c86783_ex23-2.htm |
EX-23.1 - HONEYWELL INTERNATIONAL INC | c86783_ex23-1.htm |
EX-21 - HONEYWELL INTERNATIONAL INC | c86783_ex21.htm |
EX-10.43 - HONEYWELL INTERNATIONAL INC | c86783_ex10-43.htm |
10-K - HONEYWELL INTERNATIONAL INC | c86783_10k.htm |
EXHIBIT 12
HONEYWELL INTERNATIONAL INC.
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
Determination of Earnings: | ||||||||||||||||||||
Income before taxes | $ | 6,447 | $ | 6,586 | $ | 5,818 | $ | 5,412 | $ | 3,875 | ||||||||||
Add (Deduct): | ||||||||||||||||||||
Amortization of capitalized interest | 19 | 19 | 19 | 20 | 20 | |||||||||||||||
Fixed charges | 379 | 356 | 364 | 371 | 404 | |||||||||||||||
Equity income, net of distributions | (31 | ) | (30 | ) | (36 | ) | (36 | ) | (45 | ) | ||||||||||
Total earnings, as defined | $ | 6,814 | $ | 6,931 | $ | 6,165 | $ | 5,767 | $ | 4,254 | ||||||||||
Fixed Charges: | ||||||||||||||||||||
Rents(1) | $ | 41 | $ | 46 | $ | 46 | $ | 44 | $ | 53 | ||||||||||
Interest and other financial charges | 338 | 310 | 318 | 327 | 351 | |||||||||||||||
379 | 356 | 364 | 371 | 404 | ||||||||||||||||
Capitalized interest | 22 | 20 | 21 | 19 | 18 | |||||||||||||||
Total fixed charges | $ | 401 | $ | 376 | $ | 385 | $ | 390 | $ | 422 | ||||||||||
Ratio of Earnings to Fixed Charges | 16.99 | 18.43 | 16.01 | 14.79 | 10.08 |
(1) | Denotes the equivalent of an appropriate portion of rentals representative of the interest factor on all rentals other than for capitalized leases. |
100 |