Attached files
file | filename |
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EX-31.2 - EXHIBIT 31.2 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit3124qfy18.htm |
EX-32.2 - EXHIBIT 32.2 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit3224qfy18.htm |
EX-32.1 - EXHIBIT 32.1 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit3214qfy18.htm |
EX-31.1 - EXHIBIT 31.1 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit3114qfy18.htm |
EX-23 - EXHIBIT 23 - L3HARRIS TECHNOLOGIES, INC. /DE/ | ex23.htm |
EX-21 - EXHIBIT 21 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit21.htm |
EX-10.VX - EXHIBIT 10.XV - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit10xvsrpamendment4.htm |
10-K - 10-K - L3HARRIS TECHNOLOGIES, INC. /DE/ | hrs629201810-k.htm |
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Fiscal Year Ended | |||||||||||||||||||
June 29, 2018 | June 30, 2017 | July 1, 2016 | July 3, 2015 | June 27, 2014 | |||||||||||||||
(In millions, except ratios) | |||||||||||||||||||
Earnings: | |||||||||||||||||||
Income from continuing operations | $ | 721 | $ | 638 | $ | 611 | $ | 287 | $ | 440 | |||||||||
Plus: Income taxes | 205 | 267 | 273 | 109 | 202 | ||||||||||||||
Fixed charges | 181 | 179 | 188 | 135 | 99 | ||||||||||||||
Amortization of capitalized interest | — | — | 1 | — | — | ||||||||||||||
Less: Interest capitalized during the period | — | — | — | (2 | ) | (2 | ) | ||||||||||||
$ | 1,107 | $ | 1,084 | $ | 1,073 | $ | 529 | $ | 739 | ||||||||||
Fixed Charges: | |||||||||||||||||||
Interest expense | $ | 170 | $ | 172 | $ | 183 | $ | 130 | $ | 94 | |||||||||
Plus: Interest capitalized during the period | — | — | — | 2 | 2 | ||||||||||||||
Interest portion of rental expense | 11 | 7 | 5 | 3 | 3 | ||||||||||||||
$ | 181 | $ | 179 | $ | 188 | $ | 135 | $ | 99 | ||||||||||
Ratio of Earnings to Fixed Charges | 6.12 | 6.06 | 5.71 | 3.92 | 7.46 |