Attached files
file | filename |
---|---|
EX-15 - EX-15 - L3HARRIS TECHNOLOGIES, INC. /DE/ | d82534dex15.htm |
EX-32.1 - EX-32.1 - L3HARRIS TECHNOLOGIES, INC. /DE/ | d82534dex321.htm |
EX-32.2 - EX-32.2 - L3HARRIS TECHNOLOGIES, INC. /DE/ | d82534dex322.htm |
EX-31.1 - EX-31.1 - L3HARRIS TECHNOLOGIES, INC. /DE/ | d82534dex311.htm |
EX-10.A - EX-10.A - L3HARRIS TECHNOLOGIES, INC. /DE/ | d82534dex10a.htm |
EX-31.2 - EX-31.2 - L3HARRIS TECHNOLOGIES, INC. /DE/ | d82534dex312.htm |
EX-10.B - EX-10.B - L3HARRIS TECHNOLOGIES, INC. /DE/ | d82534dex10b.htm |
10-Q - FORM 10-Q - L3HARRIS TECHNOLOGIES, INC. /DE/ | d82534d10q.htm |
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Quarter Ended | ||||||||
October 2, 2015 |
September 26, 2014 |
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(In millions, except ratios) | ||||||||
Earnings: |
||||||||
Net income |
$ | 148 | $ | 125 | ||||
Plus: Income taxes |
68 | 51 | ||||||
Fixed charges |
49 | 25 | ||||||
Amortization of capitalized interest |
| | ||||||
Less: Interest capitalized during the period |
| (1 | ) | |||||
Undistributed earnings in equity investments |
| | ||||||
|
|
|
|
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$ | 265 | $ | 200 | |||||
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|
|
|
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Fixed Charges: |
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Interest expense |
$ | 48 | $ | 23 | ||||
Plus: Interest capitalized during the period |
| 1 | ||||||
Interest portion of rental expense |
1 | 1 | ||||||
|
|
|
|
|||||
$ | 49 | $ | 25 | |||||
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|
|
|
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Ratio of Earnings to Fixed Charges |
5.41 | 8.00 |