EX-12 2 c63087_ex12.htm

EXHIBIT 12

HONEYWELL INTERNATIONAL INC.
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Nine Months Ended
September 30, 2010
(Dollars in millions)

 

 

 

 

 

Determination of Earnings:

 

 

 

 

Income before taxes

 

$

1,906

 

Add (Deduct):

 

 

 

 

Amortization of capitalized interest

 

 

16

 

Fixed charges

 

 

355

 

Equity income, net of distributions

 

 

(16

)

 

 

 

Total earnings, as defined

 

$

2,261

 

 

 

 

Fixed Charges:

 

 

 

 

Rents(a)

 

$

61

 

Interest and other financial charges

 

 

294

 

 

 

 

 

 

 

355

 

Capitalized interest

 

 

13

 

 

 

 

Total fixed charges

 

$

368

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

 

6.14

 

 

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