Attached files
file | filename |
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10-Q - FORM 10-Q - Exelis Inc. | d331022d10q.htm |
EX-31.1 - CERTIFICATION PURSUANT TO RULE 13A-14(A)/15D-14(A) - Exelis Inc. | d331022dex311.htm |
EX-31.2 - CERTIFICATION PURSUANT TO RULE 13A-14(A)/15D-14(A) - Exelis Inc. | d331022dex312.htm |
EX-10.35 - EXELIS INC. SPECIAL SENIOR EXECUTIVE SEVERANCE PAY PLAN - Exelis Inc. | d331022dex1035.htm |
EXCEL - IDEA: XBRL DOCUMENT - Exelis Inc. | Financial_Report.xls |
EX-32.2 - CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 - Exelis Inc. | d331022dex322.htm |
EX-32.1 - CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 - Exelis Inc. | d331022dex321.htm |
EXHIBIT 12
EXELIS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Three Months Ended March 31, |
Year Ended December 31, | |||||||||||||||||||||||
(IN MILLIONS, EXCEPT RATIO) | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
Earnings |
||||||||||||||||||||||||
Income from continuing operations before income tax expense |
$ | 121 | $ | 537 | $ | 696 | $ | 700 | $ | 657 | $ | 438 | ||||||||||||
Add Fixed Charges |
||||||||||||||||||||||||
Interest expense |
9 | 10 | | 1 | 2 | | ||||||||||||||||||
Interest component of rental expense (a) |
4 | 15 | 14 | 14 | 13 | 8 | ||||||||||||||||||
Total earnings available for fixed charges |
$ | 134 | $ | 562 | $ | 710 | $ | 715 | $ | 672 | $ | 446 | ||||||||||||
Total Fixed Charges |
$ | 13 | $ | 25 | $ | 14 | $ | 15 | $ | 15 | $ | 8 | ||||||||||||
Ratio of earnings to fixed charges |
10.3 | 22.5 | 50.7 | 47.7 | 44.8 | 55.8 |
(a) | Represents the portion of operating leases which management believes is a reasonable representation of an interest factor. |