EX-12 2 c59058_ex12.htm

EXHIBIT 12

HONEYWELL INTERNATIONAL INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Nine Months Ended September 30, 2009
(Dollars in millions)

 

 

 

 

 

Determination of Earnings:

 

 

 

 

Income before taxes

 

$

1,967

 

Add (Deduct):

 

 

 

 

Amortization of capitalized interest

 

 

16

 

Fixed charges

 

 

420

 

Equity income, net of distributions

 

 

(23

)

 

 

 

Total earnings, as defined

 

$

2,380

 

 

 

 

Fixed Charges:

 

 

 

 

Rents(a)

 

$

70

 

Interest and other financial charges

 

 

350

 

 

 

 

 

 

 

420

 

Capitalized interest

 

 

11

 

 

 

 

Total fixed charges

 

$

431

 

 

 

 

Ratio of earnings to fixed charges

 

 

5.52

 

 

 

 

 

 

(a)

Denotes the equivalent of an appropriate portion of rentals representative of the interest factor on all rentals other than for capitalized leases.