Attached files
| file | filename |
|---|---|
| 10-Q - FORD MOTOR CREDIT COMPANY LLC 10-Q - FORD MOTOR CREDIT CO LLC | a6711015.htm |
| EX-15 - EXHIBIT 15 - FORD MOTOR CREDIT CO LLC | a6711015ex15.htm |
| EX-31.2 - EXHIBIT 31.2 - FORD MOTOR CREDIT CO LLC | a6711015ex31_2.htm |
| EX-32.2 - EXHIBIT 32.2 - FORD MOTOR CREDIT CO LLC | a6711015ex32_2.htm |
| EX-32.1 - EXHIBIT 32.1 - FORD MOTOR CREDIT CO LLC | a6711015ex32_1.htm |
| EX-31.1 - EXHIBIT 31.1 - FORD MOTOR CREDIT CO LLC | a6711015ex31_1.htm |
Exhibit 12
|
First
Quarter
|
For the Years Ended December 31,
|
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|
|
2011
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2010
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2009
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2008
|
||||||||||||
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(in millions)
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Earnings
|
||||||||||||||||
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Income/(Loss) before income taxes
|
$ | 713 | $ | 3,054 | $ | 2,001 | $ | (2,559 | ) | |||||||
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Less: Equity in net income of affiliated companies
|
5 | 12 | 1 | 8 | ||||||||||||
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Fixed charges
|
896 | 4,233 | 5,174 | 7,648 | ||||||||||||
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Earnings before fixed charges
|
$ | 1,604 | $ | 7,275 | $ | 7,174 | $ | 5,081 | ||||||||
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Fixed charges (a)
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Interest expense
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$ | 893 | $ | 4,222 | $ | 5,162 | $ | 7,634 | ||||||||
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Rents
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3 | 11 | 12 | 14 | ||||||||||||
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Total fixed charges
|
$ | 896 | $ | 4,233 | $ | 5,174 | $ | 7,648 | ||||||||
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Ratio of earnings to fixed charges
|
1.79 | 1.72 | 1.39 |
(b)
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||||||||||||
| (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.
|
68