Attached files
file | filename |
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EX-15 - EXHIBIT 15 - LOCKHEED MARTIN CORP | dex15.htm |
EX-32.2 - EXHIBIT 32.2 - LOCKHEED MARTIN CORP | dex322.htm |
EX-32.1 - EXHIBIT 32.1 - LOCKHEED MARTIN CORP | dex321.htm |
EX-31.1 - EXHIBIT 31.1 - LOCKHEED MARTIN CORP | dex311.htm |
EX-31.2 - EXHIBIT 31.2 - LOCKHEED MARTIN CORP | dex312.htm |
EXCEL - IDEA: XBRL DOCUMENT - LOCKHEED MARTIN CORP | Financial_Report.xls |
10-Q - FORM 10-Q FOR THE QUARTERLY PERIOD ENDED MARCH 28, 2010 - LOCKHEED MARTIN CORP | d10q.htm |
Exhibit 12
Lockheed Martin Corporation
Computation of Ratio of Earnings to Fixed Charges
For the Three Months Ended March 28, 2010
(In millions, except ratio)
Earnings |
||||
Earnings before income taxes |
$ | 922 | ||
Interest expense |
88 | |||
Losses (undistributed earnings) of 50% and less than 50% owned companies, net |
(21 | ) | ||
Portion of rents representative of an interest factor |
15 | |||
Amortization of debt premium and discount, net |
(1 | ) | ||
Adjusted earnings from continuing operations before income taxes |
$ | 1,003 | ||
Fixed Charges |
||||
Interest expense |
$ | 88 | ||
Portion of rents representative of an interest factor |
15 | |||
Amortization of debt premium and discount, net |
(1 | ) | ||
Capitalized interest |
| |||
Total fixed charges |
$ | 102 | ||
Ratio of Earnings to Fixed Charges |
9.8 | |||