Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - LOCKHEED MARTIN CORP | d10q.htm |
| EX-15 - EXHIBIT 15 - LOCKHEED MARTIN CORP | dex15.htm |
| EX-10 - EXHIBIT 10 - LOCKHEED MARTIN CORP | dex10.htm |
| EX-32.1 - EXHIBIT 32.1 - LOCKHEED MARTIN CORP | dex321.htm |
| EX-32.2 - EXHIBIT 32.2 - LOCKHEED MARTIN CORP | dex322.htm |
| EX-31.2 - EXHIBIT 31.2 - LOCKHEED MARTIN CORP | dex312.htm |
| EX-31.1 - EXHIBIT 31.1 - LOCKHEED MARTIN CORP | dex311.htm |
| EXCEL - IDEA: XBRL DOCUMENT - LOCKHEED MARTIN CORP | Financial_Report.xls |
Exhibit 12
Lockheed Martin Corporation
Computation of Ratio of Earnings from Continuing Operations to Fixed Charges
For the Six Months Ended June 27, 2010
| (In millions, except ratio) |
| Earnings from Continuing Operations |
||||
| Earnings from continuing operations before income taxes |
$ | 1,943 | ||
| Interest expense |
173 | |||
| Losses (undistributed earnings) of 50% and less than 50% owned companies, net |
(27 | ) | ||
| Portion of rents representative of an interest factor |
30 | |||
| Amortization of debt premium and discount, net |
(1 | ) | ||
| Adjusted earnings from continuing operations before income taxes |
$ | 2,118 | ||
| Fixed Charges |
||||
| Interest expense |
$ | 173 | ||
| Portion of rents representative of an interest factor |
30 | |||
| Amortization of debt premium and discount, net |
(1 | ) | ||
| Capitalized interest |
— | |||
| Total fixed charges |
$ | 202 | ||
| Ratio of Earnings from Continuing Operations to Fixed Charges |
10.5 | |||