Attached files
| file | filename |
|---|---|
| EX-10.A - EXHIBIT 10.A - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit10a_ceoxsidexletter.htm |
| EX-32.2 - EXHIBIT 32.2 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit3222qfy19.htm |
| EX-32.1 - EXHIBIT 32.1 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit3212qfy19.htm |
| EX-31.2 - EXHIBIT 31.2 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit3122qfy19.htm |
| EX-31.1 - EXHIBIT 31.1 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit3112qfy19.htm |
| EX-15 - EXHIBIT 15 - L3HARRIS TECHNOLOGIES, INC. /DE/ | exhibit152qfy19.htm |
| 10-Q - 10-Q - L3HARRIS TECHNOLOGIES, INC. /DE/ | hrsq2fy1910-q.htm |
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Two Quarters Ended | Fiscal Year Ended | ||||||||||||||||||||||||||
December 28, 2018 | December 29, 2017 | June 29, 2018 | June 30, 2017 | July 1, 2016 | July 3, 2015 | June 27, 2014 | |||||||||||||||||||||
(In millions, except ratios) | |||||||||||||||||||||||||||
Earnings: | |||||||||||||||||||||||||||
Income from continuing operations | $ | 441 | $ | 296 | $ | 702 | $ | 628 | $ | 611 | $ | 287 | $ | 440 | |||||||||||||
Plus: Income taxes | 87 | 157 | 206 | 261 | 273 | 109 | 202 | ||||||||||||||||||||
Fixed charges | 93 | 87 | 181 | 179 | 188 | 135 | 99 | ||||||||||||||||||||
Amortization of capitalized interest | — | — | — | — | 1 | — | — | ||||||||||||||||||||
Less: Interest capitalized during the period | — | — | — | — | — | (2 | ) | (2 | ) | ||||||||||||||||||
$ | 621 | $ | 540 | $ | 1,089 | $ | 1,068 | $ | 1,073 | $ | 529 | $ | 739 | ||||||||||||||
Fixed Charges: | |||||||||||||||||||||||||||
Interest expense | $ | 87 | $ | 83 | $ | 170 | $ | 172 | $ | 183 | $ | 130 | $ | 94 | |||||||||||||
Plus: Interest capitalized during the period | — | — | — | — | — | 2 | 2 | ||||||||||||||||||||
Interest portion of rental expense | 6 | 4 | 11 | 7 | 5 | 3 | 3 | ||||||||||||||||||||
$ | 93 | $ | 87 | $ | 181 | $ | 179 | $ | 188 | $ | 135 | $ | 99 | ||||||||||||||
Ratio of Earnings to Fixed Charges | 6.71 | 6.24 | 6.02 | 5.97 | 5.71 | 3.92 | 7.46 | ||||||||||||||||||||