EX-12 5 c69322_ex12.htm

EXHIBIT 12

HONEYWELL INTERNATIONAL INC.
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Three Months Ended
March 31, 2012
(Dollars in millions)

 

 

 

 

 

Determination of Earnings:

 

 

 

 

Income from continuing operations before taxes

 

$

1,122

 

Add (Deduct):

 

 

 

 

Amortization of capitalized interest

 

 

5

 

Fixed charges

 

 

103

 

Equity income, net of distributions

 

 

(10

)

 

 

 

Total earnings, as defined

 

$

1,220

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

Rents(a)

 

$

14

 

Interest and other financial charges

 

 

89

 

 

 

 

 

 

 

103

 

Capitalized interest

 

 

4

 

 

 

 

Total fixed charges

 

$

107

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

 

11.40

 

 

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