Attached files
file | filename |
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EX-31.1 - EXHIBIT 31.1 - LOCKHEED MARTIN CORP | dex311.htm |
EXCEL - IDEA: XBRL DOCUMENT - LOCKHEED MARTIN CORP | Financial_Report.xls |
10-Q - FORM 10-Q - LOCKHEED MARTIN CORP | d10q.htm |
EX-15 - EXHIBIT 15 - LOCKHEED MARTIN CORP | dex15.htm |
EX-32.1 - EXHIBIT 32.1 - LOCKHEED MARTIN CORP | dex321.htm |
EX-31.2 - EXHIBIT 31.2 - LOCKHEED MARTIN CORP | dex312.htm |
EX-32.2 - EXHIBIT 32.2 - LOCKHEED MARTIN CORP | dex322.htm |
Exhibit 12
Lockheed Martin Corporation
Computation of Ratio of Earnings to Fixed Charges
For the Nine Months Ended September 27, 2009
(In millions, except ratio) |
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Earnings |
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Earnings before income taxes |
$ | 3,104 | ||
Interest expense |
219 | |||
Losses (undistributed earnings) of 50% and less than 50% owned companies, net |
(69 | ) | ||
Portion of rents representative of an interest factor |
34 | |||
Amortization of debt premium and discount, net |
(3 | ) | ||
Adjusted earnings before income taxes |
$ | 3,285 | ||
Fixed Charges |
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Interest expense |
$ | 219 | ||
Portion of rents representative of an interest factor |
34 | |||
Amortization of debt premium and discount, net |
(3 | ) | ||
Capitalized interest |
| |||
Total fixed charges |
$ | 250 | ||
Ratio of Earnings to Fixed Charges |
13.1 | |||