Attached files
| file | filename |
|---|---|
| 10-Q - SEPTEMBER 30, 2009 FORM 10-Q - HALLIBURTON CO | edsept200910q_final.htm |
| EX-10.4 - NONSTATUTORY STOCK OPTION AGREEMENT - HALLIBURTON CO | exhibit_10-4.htm |
| EX-32.1 - 906 CERT. FOR DAVE LESAR, CEO - HALLIBURTON CO | exhibit_32-1.htm |
| EX-10.6 - RESTRICTED STOCK UNIT AGREEMENT - HALLIBURTON CO | exhibit_10-6.htm |
| EX-31.1 - 302 CERT. FOR DAVE LESAR, CEO - HALLIBURTON CO | exhibit_31-1.htm |
| EX-31.2 - 302 CERT. FOR MARK MCCOLLUM, CFO - HALLIBURTON CO | exhibit_31-2.htm |
| EX-10.5 - RESTRICTED STOCK AGREEMENT - HALLIBURTON CO | exhibit_10-5.htm |
| EX-32.2 - 906 CERT. FOR MARK MCCOLLUM, CFO - HALLIBURTON CO | exhibit_32-2.htm |
EXHIBIT 12.1
HALLIBURTON COMPANY
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(Millions of dollars, except ratios)
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Nine |
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Months |
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Ended |
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September 30, |
Year Ended December 31 |
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| 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |||||||||||||||||||
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Earnings available for fixed charges: |
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Income from continuing operations |
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before income taxes and noncontrolling
interest |
$ | 1,336 | $ | 3,849 | $ | 3,447 | $ | 3,185 | $ | 1,985 | $ | 978 | ||||||||||||
|
Add: |
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|
Distributed earnings from equity in |
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unconsolidated affiliates |
8 | 30 | 43 | 28 | 34 | 30 | ||||||||||||||||||
|
Fixed charges |
263 | 232 | 222 | 238 | 260 | 278 | ||||||||||||||||||
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Subtotal |
1,607 | 4,111 | 3,712 | 3,451 | 2,279 | 1,286 | ||||||||||||||||||
|
Less: |
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Equity in earnings of unconsolidated |
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affiliates |
11 | 50 | 57 | 65 | 42 | 47 | ||||||||||||||||||
|
Total earnings available for fixed charges |
$ | 1,596 | $ | 4,061 | $ | 3,655 | $ | 3,386 | $ | 2,237 | $ | 1,239 | ||||||||||||
|
Fixed charges: |
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|
Interest expense |
$ | 215 | $ | 167 | $ | 168 | $ | 179 | $ | 208 | $ | 232 | ||||||||||||
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Rental expense representative of interest |
48 | 65 | 54 | 59 | 52 | 46 | ||||||||||||||||||
|
Total fixed charges |
$ | 263 | $ | 232 | $ | 222 | $ | 238 | $ | 260 | $ | 278 | ||||||||||||
|
Ratio of earnings to fixed charges |
6.1 | 17.5 | 16.5 | 14.2 | 8.6 | 4.5 | ||||||||||||||||||
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All periods presented reflect the adoption of new accounting standards and the reclassification of KBR, Inc. to discontinued operations. |