Attached files

file filename
10-K - FORM 10-K - RAYTHEON CO/rtn-1231201510k.htm
EX-21 - RAYTHEON COMPANY SUBSIDIARIES - RAYTHEON CO/rtn-12312015xexx21.htm
EX-23 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - RAYTHEON CO/rtn-12312015xexx23.htm
EX-31.2 - CERTIFICATION OF VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, SECTION 302 - RAYTHEON CO/rtn-12312015xexhibit312.htm
EX-32.1 - CERTIFICATION OF CHAIRMAN AND CHIEF EXECUTIVE OFFICER, SECTION 906 - RAYTHEON CO/rtn-12312015xexhibit321.htm
EX-31.1 - CERTIFICATION OF CHAIRMAN AND CHIEF EXECUTIVE OFFICER, SECTION 302 - RAYTHEON CO/rtn-12312015xexhibit311.htm
EX-32.2 - CERTIFICATION OF VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, SECTION 906 - RAYTHEON CO/rtn-12312015xexhibit322.htm


Exhibit 12
 
RAYTHEON COMPANY
 
STATEMENT REGARDING COMPUTATION OF
RATIO OF EARNINGS TO COMBINED FIXED CHARGES
(income excludes discontinued operations for all periods)
 
 
 
Year Ended December 31,
(In millions, except ratio)
 
2015

 
2014

 
2013

 
2012
 
2011
Pretax income from continuing
   operations attributable to Raytheon
   Company common stockholders*
 
$
2,789

 
$
2,952

 
$
2,740

 
$
2,788

 
$
2,613

Add:
 
 
 
 
 
 
 
 
 
 
Fixed charges
 
317

 
291

 
296

 
291

 
265

Amortization of capitalized interest
 
3

 
4

 
4

 
4

 
5

Less:
 
 
 
 
 
 
 
 
 
 
Capitalized interest
 
5

 
3

 
3

 
4

 
3

Income as adjusted
 
$
3,104

 
$
3,244

 
$
3,037

 
$
3,079

 
$
2,880

Fixed charges:
 
 
 
 
 
 
 
 
 
 
Portion of rents representative of
   interest factor
 
$
79

 
$
75

 
$
83

 
$
86

 
$
90

Interest on indebtedness
 
233

 
213

 
210

 
201

 
172

Capitalized interest
 
5

 
3

 
3

 
4

 
3

Fixed charges
 
$
317

 
$
291

 
$
296

 
$
291

 
$
265

Ratio of earnings to fixed charges
 
9.8

 
11.1

 
10.3

 
10.6

 
10.9


*Net of adjustment for earnings from affiliates