Attached files
file | filename |
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EX-4.1 - FORM OF 4.40% NOTES DUE 2020 - RAYTHEON CO/ | dex41.htm |
EX-5.1 - OPINION OF BINGHAM MCCUTCHEN LLP - RAYTHEON CO/ | dex51.htm |
EX-1.1 - UNDERWRITING AGREEMENT - RAYTHEON CO/ | dex11.htm |
EX-25.1 - FORM T-1 STATEMENT OF ELIGIBILITY - RAYTHEON CO/ | dex251.htm |
8-K - FORM 8-K - RAYTHEON CO/ | d8k.htm |
Exhibit 12.1
Raytheon Company
Computation of Ratio of Earnings to Fixed Charges
(dollar amounts in millions)
(excludes discontinued operations for all periods)
Nine Months Ended Sept. 27, 2009 |
Year Ended December 31, | |||||||||||||||||
2008 | 2007 | 2006 | 2005 | 2004 | ||||||||||||||
Pre-tax income from continuing operations attributable to Raytheon Company common stockholders |
$ | 2,148 | $ | 2,498 | $ | 2,225 | $ | 1,791 | $ | 1,366 | $ | 533 | ||||||
Add: |
||||||||||||||||||
Fixed charges |
166 | 232 | 294 | 365 | 392 | 490 | ||||||||||||
Amortization of capitalized interest |
4 | 4 | 3 | 2 | 1 | 1 | ||||||||||||
Less: |
||||||||||||||||||
Capitalized interest |
2 | 8 | 6 | 5 | 5 | 1 | ||||||||||||
Income as adjusted |
$ | 2,316 | $ | 2,726 | $ | 2,516 | $ | 2,153 | $ | 1,754 | $ | 1,023 | ||||||
Fixed charges: |
||||||||||||||||||
Portion of rents representative of interest factor |
$ | 69 | 95 | $ | 92 | $ | 88 | $ | 82 | $ | 77 | |||||||
Interest on indebtedness |
95 | 129 | 196 | 272 | 305 | 412 | ||||||||||||
Capitalized interest |
2 | 8 | 6 | 5 | 5 | 1 | ||||||||||||
Fixed charges |
$ | 166 | $ | 232 | $ | 294 | $ | 365 | $ | 392 | $ | 490 | ||||||
Ratio of earnings to fixed charges |
14.0 | 11.8 | 8.6 | 5.9 | 4.5 | 2.1 | ||||||||||||