EX-12 2 c78978_ex-12.htm

EXHIBIT 12

 

HONEYWELL INTERNATIONAL INC.

STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

Nine Months Ended

September 30, 2014

(Dollars in millions)

 

Determination of Earnings:     
Income before taxes  $4,514 
Add (Deduct):     
Amortization of capitalized interest   15 
Fixed charges   269 
Equity income, net of distributions   (27)
Total earnings, as defined  $4,771 
      
Fixed Charges:     
Rents(a)  $33 
Interest and other financial charges   236 
    269 
Capitalized interest   16 
Total fixed charges  $285 
      
Ratio of Earnings to Fixed Charges   16.74 

 

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