EX-12 5 ex12.htm EXHIBIT 12 ex12tq201

Exhibit 12

 UNITED TECHNOLOGIES CORPORATION
AND SUBSIDIARIES

 

STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

Six Months Ended
June 30,
In Millions of Dollars 2001 2000
Fixed Charges:
    Interest expense

$

 216     

$

 179     
    Interest capitalized 13      8     
    One-third of rents*         32              32    
    Total Fixed Charges

$

 261     

$

 219     
======       ======     
Earnings:
    Income before income taxes and minority interests

$

    1,550     

$

   1,366     
    Fixed charges per above 261      219     
    Less: interest capitalized        (13)            (8)   
       248           211    
    Amortization of interest capitalized           8               8    
    Total Earnings

$

 1,806     

$

 1,585     
======     ======    
Ratio of Earnings to Fixed Charges 6.92      7.24     
======     ======    

 

* Reasonable approximation of the interest factor.