Attached files
file | filename |
---|---|
10-Q - FORD MOTOR CREDIT COMPANY LLC 10-Q - FORD MOTOR CREDIT CO LLC | a6497558.htm |
EX-15 - EXHIBIT 15 - FORD MOTOR CREDIT CO LLC | a6497558ex15.htm |
EX-32.2 - EXHIBIT 32.2 - FORD MOTOR CREDIT CO LLC | a6497558ex32-2.htm |
EX-31.2 - EXHIBIT 31.2 - FORD MOTOR CREDIT CO LLC | a6497558ex31-2.htm |
EX-31.1 - EXHIBIT 31.1 - FORD MOTOR CREDIT CO LLC | a6497558ex31-1.htm |
EX-32.1 - EXHIBIT 32.1 - FORD MOTOR CREDIT CO LLC | a6497558ex32-1.htm |
First Nine Months
|
For the Years Ended December 31,
|
|||||||||||||||
|
2010
|
2009
|
2008
|
2007
|
||||||||||||
(in millions)
|
||||||||||||||||
Earnings
|
||||||||||||||||
Income/(Loss) before income taxes
|
$ | 2,482 | $ | 2,001 | $ | (2,559 | ) | $ | 1,215 | |||||||
Less: Equity in net income of affiliated companies
|
8 | 1 | 8 | 14 | ||||||||||||
Fixed charges
|
3,246 | 5,174 | 7,648 | 8,652 | ||||||||||||
Earnings before fixed charges
|
$ | 5,720 | $ | 7,174 | $ | 5,081 | $ | 9,853 | ||||||||
Fixed charges (a)
|
||||||||||||||||
Interest expense
|
$ | 3,238 | $ | 5,162 | $ | 7,634 | $ | 8,630 | ||||||||
Rents
|
8 | 12 | 14 | 22 | ||||||||||||
Total fixed charges
|
$ | 3,246 | $ | 5,174 | $ | 7,648 | $ | 8,652 | ||||||||
Ratio of earnings to fixed charges
|
1.76 | 1.39 |
(b
|
) | 1.14 | |||||||||||
(a)
|
Consists of interest on borrowed funds, amortization of debt discount, premium, and issuance expense, and one-third of all rental expense (the proportion deemed representative of the interest factor).
|
(b)
|
Earnings inadequate to cover fixed charges by $2,567 million.
|