EXHIBIT 12
HONEYWELL INTERNATIONAL INC.
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Six Months Ended
June 30, 2012
(Dollars in millions)
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Determination of Earnings: |
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Income from continuing operations before taxes |
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$ |
2,345 |
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Add (Deduct): |
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Amortization of capitalized interest |
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10 |
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Fixed charges |
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204 |
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Equity income, net of distributions |
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(24 |
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Total earnings, as defined |
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$ |
2,535 |
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Fixed Charges: |
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Rents(a) |
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$ |
28 |
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Interest and other financial charges |
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176 |
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204 |
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Capitalized interest |
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9 |
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Total fixed charges |
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$ |
213 |
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Ratio of Earnings to Fixed Charges |
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11.90 |
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(a) Denotes the equivalent of an appropriate portion of rentals representative of the interest factor on all rentals other than for capitalized leases.