Honeywell International (HON) 10-Q 2009 Q3 Quarterly report

EXHIBIT 12

HONEYWELL INTERNATIONAL INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Nine Months Ended September 30, 2009
(Dollars in millions)

Determination of Earnings:
Income before taxes	$	1,967
Add (Deduct):
Amortization of capitalized interest		16
Fixed charges		420
Equity income, net of distributions		(23	)
Total earnings, as defined	$	2,380
Fixed Charges:
Rents(a)	$	70
Interest and other financial charges		350
		420
Capitalized interest		11
Total fixed charges	$	431
Ratio of earnings to fixed charges		5.52

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