EX-12 4 c49460_ex12.htm

Exhibit 12

HONEYWELL INTERNATIONAL INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Six Months Ended June 30, 2007
(Dollars in millions)

 

 

 

 

 

Determination of Earnings:

 

 

 

 

Income before taxes

 

$

1,546

 

Add (Deduct):

 

 

 

 

Amortization of capitalized interest

 

 

11

 

Fixed charges

 

 

264

 

Equity income, net of distributions

 

 

(2)

 

 

 

 

Total earnings, as defined

 

$

1,819

 

 

 

 

Fixed Charges:

 

 

 

 

Rents(a)

 

$

57

 

Interest and other financial charges

 

 

207

 

 

 

 

 

 

 

264

 

Capitalized interest

 

 

11

 

 

 

 

Total fixed charges

 

$

275

 

 

 

 

Ratio of earnings to fixed charges

 

 

6.61

 

 

 

 

 

 

(a)

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