EX-12 2 c75329_ex12.htm

EXHIBIT 12

 

HONEYWELL INTERNATIONAL INC.

STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

Nine Months Ended

September 30, 2013

(Dollars in millions)

 

Determination of Earnings:     
Income before taxes  $3,973 
Add (Deduct):     
Amortization of capitalized interest   15 
Fixed charges   284 
Equity income, net of distributions   (31)
Total earnings, as defined  $4,241 
      
Fixed Charges:     
Rents(a)  $40 
Interest and other financial charges   244 
    284 
Capitalized interest   14 
Total fixed charges  $298 
      
Ratio of Earnings to Fixed Charges   14.23 

 

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