Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - ROCKWELL COLLINS INC | Financial_Report.xls |
| 10-Q - ROCKWELL COLLINS INC | v172298_10q.htm |
| EX-31.1 - ROCKWELL COLLINS INC | v172298_ex31-1.htm |
| EX-32.2 - ROCKWELL COLLINS INC | v172298_ex32-2.htm |
| EX-32.1 - ROCKWELL COLLINS INC | v172298_ex32-1.htm |
| EX-31.2 - ROCKWELL COLLINS INC | v172298_ex31-2.htm |
Exhibit
12
ROCKWELL
COLLINS, INC.
COMPUTATION
OF RATIO OF EARNINGS TO FIXED CHARGES
THREE
MONTHS ENDED DECEMBER 31, 2009
(in
millions, except ratio)
|
Earnings
available for fixed charges:
|
||||
|
Income
before income taxes
|
$ | 181 | ||
|
Add
/ (Deduct):
|
||||
|
Earnings
from equity affiliates, net of distributions
|
(1 | ) | ||
|
Add
fixed charges included in earnings:
|
||||
|
Interest
expense
|
6 | |||
|
Interest
element of rentals
|
5 | |||
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Total
earnings available for fixed charges
|
$ | 191 | ||
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Fixed
charges:
|
||||
|
Fixed
charges included in earnings
|
$ | 11 | ||
|
Capitalized
interest
|
- | |||
|
Total
fixed charges
|
$ | 11 | ||
|
Ratio
of earnings to fixed charges (1)
|
17 | |||
|
(1)
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In
computing the ratio of earnings to fixed charges, earnings are defined as
income before income taxes, adjusted for income or loss attributable to
minority interests in subsidiaries, undistributed earnings of less than
majority owned subsidiaries and fixed charges excluding capitalized
interest. Fixed charges are defined as interest on borrowings (whether
expensed or capitalized) and that portion of rental expense applicable to
interest. Our ratio of earnings to combined fixed charges and preferred
stock dividends for the period above are the same as our ratio of earnings
to fixed charges because we had no shares of preferred stock outstanding
for the periods presented and currently have no shares of preferred stock
outstanding. As disclosed in Note 15 of the Notes to Condensed
Consolidated Financial Statements, interest and penalties related to
unrecognized tax benefits are recognized in income tax expense and are
therefore excluded from the ratio of earnings to fixed
charges.
|