Attached files

file filename
EX-32.2 - EXHIBIT 32.2 - L3HARRIS TECHNOLOGIES, INC. /DE/exhibit3221qfy18.htm
EX-32.1 - EXHIBIT 32.1 - L3HARRIS TECHNOLOGIES, INC. /DE/exhibit3211qfy18.htm
EX-31.2 - EXHIBIT 31.2 - L3HARRIS TECHNOLOGIES, INC. /DE/exhibit3121qfy18.htm
EX-31.1 - EXHIBIT 31.1 - L3HARRIS TECHNOLOGIES, INC. /DE/exhibit3111qfy18.htm
EX-15 - EXHIBIT 15 - L3HARRIS TECHNOLOGIES, INC. /DE/exhibit151qfy18.htm
EX-10.HTM - EXHIBIT 10.HTM - L3HARRIS TECHNOLOGIES, INC. /DE/exhibit101qfy18.htm
10-Q - 10-Q - L3HARRIS TECHNOLOGIES, INC. /DE/hrsq1fy1810-q.htm


Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
 
Quarter Ended
 
Fiscal Year Ended
 
September 29, 2017
 
September 30, 2016
 
June 30, 2017
 
July 1, 2016
 
July 3, 2015
 
June 27, 2014
 
June 28, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In millions, except ratios)
Earnings:
 
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
167

 
$
145

 
$
638

 
$
611

 
$
287

 
$
440

 
$
401

Plus: Income taxes
64

 
58

 
267

 
273

 
109

 
202

 
168

Fixed charges
43

 
46

 
179

 
188

 
135

 
99

 
114

Amortization of capitalized interest

 

 

 
1

 

 

 

Less: Interest capitalized during the period

 

 

 

 
(2
)
 
(2
)
 
(1
)
 
$
274

 
$
249

 
$
1,084

 
$
1,073

 
$
529

 
$
739

 
$
682

Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
$
41

 
$
44

 
$
172

 
$
183

 
$
130

 
$
94

 
$
109

Plus: Interest capitalized during the period

 

 

 

 
2

 
2

 
1

Interest portion of rental expense
2

 
2

 
7

 
5

 
3

 
3

 
4

 
$
43

 
$
46

 
$
179

 
$
188

 
$
135

 
$
99

 
$
114

Ratio of Earnings to Fixed Charges
6.37

 
5.41

 
6.06

 
5.71

 
3.92

 
7.46

 
5.98