EX-12 5 c70260_ex12.htm

EXHIBIT 12

HONEYWELL INTERNATIONAL INC.
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Six Months Ended
June 30, 2012
(Dollars in millions)

 

 

 

 

 

Determination of Earnings:

 

 

 

 

Income from continuing operations before taxes

 

$

2,345

 

Add (Deduct):

 

 

 

 

Amortization of capitalized interest

 

 

10

 

Fixed charges

 

 

204

 

Equity income, net of distributions

 

 

(24

)

 

 



 

Total earnings, as defined

 

$

2,535

 

 

 



 

 

 

 

 

 

Fixed Charges:

 

 

 

 

Rents(a)

 

$

28

 

Interest and other financial charges

 

 

176

 

 

 



 

 

 

 

204

 

Capitalized interest

 

 

9

 

 

 



 

Total fixed charges

 

$

213

 

 

 



 

 

Ratio of Earnings to Fixed Charges

 

 

11.90

 

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