EX-12 5 c71218_ex12.htm

EXHIBIT 12

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

 

 

 

 

 

Determination of Earnings:

 

 

 

 

Income from continuing operations before taxes

 

$

3,569

 

Add (Deduct):

 

 

 

 

Amortization of capitalized interest

 

 

15

 

Fixed charges

 

 

306

 

Equity income, net of distributions

 

 

(36

)

 

 

      

Total earnings, as defined

 

$

3,854

 

 

 

      

 

 

 

 

 

Fixed Charges:

 

 

 

 

Rents(a)

 

$

42

 

Interest and other financial charges

 

 

264

 

 

 

      

 

 

 

306

 

Capitalized interest

 

 

13

 

 

 

      

Total fixed charges

 

$

319

 

 

 

      

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

 

12.08

 

 

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