Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - GOODRICH CORP | c60195e8vk.htm |
| EX-4.1 - EX-4.1 - GOODRICH CORP | c60195exv4w1.htm |
| EX-1.1 - EX-1.1 - GOODRICH CORP | c60195exv1w1.htm |
| EX-5.1 - EX-5.1 - GOODRICH CORP | c60195exv5w1.htm |
EXHIBIT 12
GOODRICH CORPORATION
COMPUTATION OF EARNINGS TO FIXED CHARGES
(In millions, except for ratios)
COMPUTATION OF EARNINGS TO FIXED CHARGES
(In millions, except for ratios)
| SIX MONTHS ENDED | YEAR ENDED DECEMBER 31 | |||||||||||||||||||||||
| JUNE 30, 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||||||||
COMPUTATION OF EARNINGS: |
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Income from continuing operations
before income taxes |
$ | 418.8 | $ | 784.1 | $ | 984.6 | $ | 737.4 | $ | 470.5 | $ | 368.3 | ||||||||||||
Add back: |
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Interest expense, net of
capitalized interest |
66.5 | 119.9 | 111.3 | 123.6 | 124.3 | 128.6 | ||||||||||||||||||
Amortization of debt issuance costs |
0.6 | 1.1 | 1.1 | 1.3 | 1.7 | 2.3 | ||||||||||||||||||
Portion of rent expense
representing interest |
7.3 | 13.9 | 14.6 | 14.8 | 13.8 | 14.6 | ||||||||||||||||||
Earnings from equity investments |
0.8 | 3.5 | (2.7 | ) | 3.8 | 1.1 | (1.9 | ) | ||||||||||||||||
EARNINGS |
$ | 494.0 | $ | 922.5 | $ | 1,108.9 | $ | 880.9 | $ | 611.4 | $ | 511.9 | ||||||||||||
COMPUTATION OF FIXED CHARGES: |
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Interest expense, net of capitalized
interest |
$ | 66.5 | $ | 119.9 | $ | 111.3 | $ | 123.6 | $ | 124.3 | $ | 128.6 | ||||||||||||
Amortization of debt issuance costs |
0.6 | 1.1 | 1.1 | 1.3 | 1.7 | 2.3 | ||||||||||||||||||
Portion of rent expense representing
interest |
7.3 | 13.9 | 14.6 | 14.8 | 13.8 | 14.6 | ||||||||||||||||||
Capitalized interest |
0.8 | 1.8 | 4.5 | 4.7 | 4.6 | 1.4 | ||||||||||||||||||
FIXED CHARGES |
$ | 75.2 | $ | 136.7 | $ | 131.5 | $ | 144.4 | $ | 144.4 | $ | 146.9 | ||||||||||||
RATIO OF EARNINGS TO FIXED CHARGES |
6.57 | 6.75 | 8.43 | 6.10 | 4.23 | 3.48 | ||||||||||||||||||