Attached files

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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.