EX-12 5 ex12.htm EXHIBIT 12

Exhibit 12

HONEYWELL INTERNATIONAL, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Nine Months Ended September 30, 2005
(Dollars in millions)

Determination of Earnings:

       

Income before taxes

     $ 1,597  

Add (Deduct):

       

Amortization of capitalized interest

       17  

Fixed charges

       340  

Equity income, net of distributions

       8  

Total earnings, as defined

     $ 1,962  
         

Fixed Charges:

       

Rents(a)

     $ 80  

Interest and other financial charges

       260  

       340  

Capitalized interest

    13  

Total fixed charges

     $ 353  

Ratio of earnings to fixed charges

       5.56  
(a)     Denotes the equivalent of an appropriate portion of rentals representative of the interest factor on all rentals other than for capitalized leases.