RTX (RTX) 8-K Other Events

Exhibit 99.4

UNITED TECHNOLOGIES CORPORATION AND SUBSIDIARIES

Statement Re: Computation of Ratios

(Millions of Dollars)

	Year Ended December 31,
	2004			2003			2002			2001			2000
Fixed Charges:
Interest expense	$	363		$	375		$	381		$	426		$	382
Interest capitalized		11			10			16			22			18
One-third of rents*		107			87			71			68			65
	$	481		$	472		$	468		$	516		$	465
Earnings:
Income from continuing operations before income taxes and minority interests	$	3,938		$	3,272		$	3,090		$	2,646		$	2,638
Fixed charges per above		481			472			468			516			465
Less: interest capitalized		(11	)		(10	)		(16	)		(22	)		(18	)
		470			462			452			494			447
Amortization of interest capitalized		3			4			4			18			21
Total Earnings	$	4,411		$	3,738		$	3,546		$	3,158		$	3,106
Ratio of Earnings to Fixed Charges		9.17			7.92			7.58			6.12			6.68

• Reasonable approximation of the interest factor.