Annual Report — Form 10-K
Filing Table of Contents
Document/Exhibit Description Pages Size
1: 10-K Annual Report 50 273K
2: EX-3.B Articles of Incorporation/Organization or By-Laws 46 129K
3: EX-10.(III)(F) Material Contract 5 18K
4: EX-10.(III)(G) Material Contract 21 51K
5: EX-11 Statement re: Computation of Earnings Per Share 2± 13K
6: EX-12 Statement re: Computation of Ratios 1 9K
7: EX-21 Subsidiaries of the Registrant 3 28K
8: EX-23 Consent of Experts or Counsel 1 7K
9: EX-24 Power of Attorney 15 33K
10: EX-27 Financial Data Schedule (Pre-XBRL) 2 7K
EX-12 — Statement re: Computation of Ratios
EXHIBIT (12)
HONEYWELL INC. AND SUBSIDIARIES
COMBINED WITH PROPORTIONAL SHARES OF 50% OWNED COMPANIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
FOR THE FIVE YEARS ENDED DECEMBER 31, 1995
(DOLLARS IN MILLIONS)
[Enlarge/Download Table]
1995 1994 1993 1992 1991
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Income before income taxes............................................ $ 505.50 $ 369.70 $ 478.50 $ 634.70 $ 509.40
Deduct:
Equity income....................................................... 13.60 10.50 17.80 15.80 14.60
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Subtotal............................................................ 491.90 359.20 460.70 618.90 494.80
Add (Deduct):
Dividends from less than 50% owned companies........................ 2.58 2.37 2.10 1.54 1.44
Proportional share of income (loss) before
income taxes of 50% owned companies................................ .41 (2.83) .30 .79 .31
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Adjusted income....................................................... 494.89 358.74 463.10 621.23 496.55
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Fixed charges
Interest on indebtedness:
Honeywell Inc. and subsidiaries..................................... 79.66 72.89 65.46 87.54 87.23
50% owned companies................................................. -- -- -- -- --
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Subtotal............................................................ 79.66 72.89 65.46 87.54 87.23
Amortization of debt expense.......................................... 3.66 2.61 2.54 2.36 2.17
Interest portion of rent expense...................................... 47.80 45.64 44.75 42.68 39.87
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Total fixed charges................................................... 131.12 121.14 112.75 132.58 129.27
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Total available income................................................ $ 626.01 $ 479.88 $ 575.85 $ 753.81 $ 625.82
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Ratio of earnings to fixed charges.................................... 4.77 3.96 5.11 5.69 4.84
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51
Dates Referenced Herein and Documents Incorporated by Reference
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