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