Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - HALLIBURTON CO | Financial_Report.xls |
| EX-32.1 - 906 CERTIFICATION FOR CEO - HALLIBURTON CO | hal_03312014-ex321.htm |
| EX-31.1 - 302 CERTIFICATION FOR CEO - HALLIBURTON CO | hal_03312014-ex311.htm |
| EX-32.2 - 906 CERTIFICATION FOR CFO - HALLIBURTON CO | hal_03312014-ex322.htm |
| EX-95 - MINE SAFETY DISCLOSURES - HALLIBURTON CO | hal_03312014-ex95.htm |
| 10-Q - MARCH 31, 2014 FORM 10-Q - HALLIBURTON CO | hal_03312014-10q.htm |
| EX-31.2 - 302 CERTIFICATION FOR CFO - HALLIBURTON CO | hal_03312014-ex312.htm |
Exhibit 12.1
HALLIBURTON COMPANY
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(Millions of dollars, except ratios)
Three Months Ended March 31, 2014 | Year Ended December 31 | |||||||||||||||||
2013 | 2012 | 2011 | 2010 | 2009 | ||||||||||||||
Earnings available for fixed charges: | ||||||||||||||||||
Income from continuing operations before income taxes | $ | 846 | $ | 2,764 | $ | 3,822 | $ | 4,449 | $ | 2,655 | $ | 1,682 | ||||||
Add: | ||||||||||||||||||
Distributed earnings from equity in unconsolidated affiliates | — | 19 | 4 | 13 | 13 | 17 | ||||||||||||
Fixed charges | 139 | 511 | 445 | 384 | 402 | 361 | ||||||||||||
Subtotal | 985 | 3,294 | 4,271 | 4,846 | 3,070 | 2,060 | ||||||||||||
Less: | ||||||||||||||||||
Equity in earnings of unconsolidated affiliates | 6 | 9 | 14 | 20 | 20 | 16 | ||||||||||||
Total earnings available for fixed charges | $ | 979 | $ | 3,285 | $ | 4,257 | $ | 4,826 | $ | 3,050 | $ | 2,044 | ||||||
Fixed charges: | ||||||||||||||||||
Interest expense | $ | 96 | $ | 339 | $ | 305 | $ | 268 | $ | 308 | $ | 297 | ||||||
Rental expense representative of interest | 43 | 172 | 140 | 116 | 94 | 64 | ||||||||||||
Total fixed charges | $ | 139 | $ | 511 | $ | 445 | $ | 384 | $ | 402 | $ | 361 | ||||||
Ratio of earnings to fixed charges | 7.0 | 6.4 | 9.6 | 12.6 | 7.6 | 5.7 | ||||||||||||