Honeywell International (HON) 10-Q 2015 Q2 Quarterly report

EXHIBIT 12

HONEYWELL INTERNATIONAL INC.

STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

Six Months Ended

June 30, 2015

(Dollars in millions)

Determination of Earnings:
Income before taxes	$	3,226
Add (Deduct):
Amortization of capitalized interest		10
Fixed charges		177
Equity income, net of distributions		(16	)
Total earnings, as defined	$	3,397
Fixed Charges:
Rents(a)	$	23
Interest and other financial charges		154
		177
Capitalized interest		10
Total fixed charges	$	187
Ratio of Earnings to Fixed Charges		18.17

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