COMPANY VIEW-Executives on U.S. debt ceiling talks

NEW YORK, July 26 (Reuters) - The impasse over the U.S. debt limit left President Barack Obama's Democrats and their Republican rivals further apart than ever on Tuesday, as Wall Street braced for a looming U.S. default and credit downgrade.

Here are comments from company executives over the past week on what they think about the debt talks:

SCOTT DAVIS, CEO, UNITED PARCEL SERVICE INC (UPS.N)

The world's largest package delivery company gave a cautious economic outlook and cited stalled U.S. debt ceiling talks.

"If Congress and the president resolve the debt ceiling issue satisfactorily in the next week, the mood of the country could change pretty quickly," Davis told analysts on a conference call.

Without a debt resolution or free-trade agreements, the company's business customers are keeping inventory thin and expansion plans on hold, UPS said.

SANDY CUTLER, CEO, EATON CORP (ETN.N)

"These compromises never seem to come together until the 24th hour. It looks like that's how this one is going to play out. I think they will find some common ground at the very last moment and pull a rabbit out of the hat."

DAVID SIMON, CEO, SIMON PROPERTY GROUP (SPG.N)

"I'm known for checking our accounts receivable every month when I get the report. And they (the U.S. government) are always 30 days delinquent.

"But beyond that, we don't see any real risk. Spreads will invariably widen for all of corporate America and for all asset classes. So we'll be a participant in that, but beyond that, we can't see anything that's going to be anything material."

KEVIN SMITH, CEO OF SOLAR POWER COMPANY SOLARRESERVE

"We've kind of aired our dirty laundry in the international press and that's not good for the U.S. markets, it's not good for U.S. business."

JIM HAGEMANN SNABE, CO-CEO, SAP AG (SAPG.DE)

"We strongly believe that businesses and countries need stability on the financial side. We hope the U.S. will sort its financial situation out."

Snabe said there was nothing the company can do to prepare for a possible default.

THOMAS FALK, CEO, KIMBERLY-CLARK CORP (KMB.N)

"I was in Europe recently, and we were having a debate with some of our European team over which region of the world had the bigger problem: is it the Europe sovereign debt crisis or the U.S. structural budget deficits and debt ceiling?

"It's just disappointing that the two biggest economies in the Western world can't seem to get their fiscal house in order."

DAVE ANDERSON, CFO, HONEYWELL INTERNATIONAL INC (HON.N)

Anderson said the stalemate in Washington and concerns over corporate tax reform and European sovereign debt were among the principal factors affecting business sentiment.

"Despite the fact that we're in a market upturn right now in the industrial economy, we try to hold fixed costs relatively flat. We don't want to get out ahead of our headlights in terms of any over-hiring."

CLAY JONES, CEO, ROCKWELL COLLINS INC (COL.N)

"I'm not sure how one prepares for a default since we've never had one in the history of our country. There is no playbook that I know of that suggests here's what one should do, either as a company or a private citizen, when the country starts going out of business."

KEITH SHERIN, CFO, GENERAL ELECTRIC CO (GE.N)

The largest U.S. conglomerate has boosted its cash holdings and cut its long-term debt in the past three years.

"The main thing that we've done, and it's not specifically for the discussion going on in the U.S. about raising the debt ceiling or the European issue, is we just have dramatically increased our liquidity."

YOUNG SOHN, CEO OF CHIPMAKER INPHI (IPHI.N)

"If interest rates change and people lose their confidence in a stable currency, the macroeconomic headwind will increase and that means people will be confused and maybe panic.

"We have to be very careful here. This is not something politicians should take lightly and it's not something they can play with. They've had several months to fix this problem." (Reporting by Nick Zieminski, Ilaina Jonas, Liana B. Baker, Noel Randewich, Scott Malone, Nichola Groom, Jim Finkle, Lynn Adler)