EX-12 3 c66327_ex12.htm

EXHIBIT 12

HONEYWELL INTERNATIONAL INC.
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Six Months Ended
June 30, 2011
(Dollars in millions)

 

 

 

 

 

Determination of Earnings:

 

 

 

 

Income from continuing operations before taxes

 

$

2,046

 

Add (Deduct):

 

 

 

 

Amortization of capitalized interest

 

 

11

 

Fixed charges

 

 

228

 

Equity income, net of distributions

 

 

(23

)

 

 

 

Total earnings, as defined

 

$

2,262

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

Rents(a)

 

$

33

 

Interest and other financial charges

 

 

195

 

 

 

 

 

 

 

228

 

Capitalized interest

 

 

5

 

 

 

 

Total fixed charges

 

$

233

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

 

9.71

 

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