Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - BOEING CO | Financial_Report.xls |
| EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 - BOEING CO | a201409sep3010-qxexhibit322.htm |
| EX-10.1 - SUMMARY OF NON-EMPLOYEE DIRECTOR COMPENSATION - BOEING CO | a201409sep3010-qxexhibit101.htm |
| EX-10.2 - SUPPLEMENTAL BENEFIT PLAN - BOEING CO | a201409sep3010-qxexhibit102.htm |
| EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - BOEING CO | a201409sep3010-qxexhibit312.htm |
| EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - BOEING CO | a201409sep3010-qxexhibit311.htm |
| EX-15 - LETTER FROM INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - BOEING CO | a201409sep3010-qxexhibit15.htm |
| 10-Q - 10-Q - BOEING CO | a201409sep3010q.htm |
| EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906 - BOEING CO | a201409sep3010-qxexhibit321.htm |
EXHIBIT 12
Computation of Ratio of Earnings to Fixed Charges
The Boeing Company and Subsidiaries
(Dollars in millions)
Nine months ended | Years ended December 31, | |||||||||||||||||
September 30, 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||
Earnings before income taxes | $5,207 | $6,232 | $5,910 | $5,393 | $4,507 | $1,731 | ||||||||||||
Fixed charges excluding capitalized interest | 346 | 514 | 603 | 677 | 726 | 564 | ||||||||||||
Amortization of previously capitalized interest | 55 | 74 | 75 | 64 | 60 | 61 | ||||||||||||
Net adjustment for earnings from affiliates | 5 | 13 | 69 | (38 | ) | (11 | ) | (10 | ) | |||||||||
Earnings available for fixed charges | $5,613 | $6,833 | $6,657 | $6,096 | $5,282 | $2,346 | ||||||||||||
Fixed charges: | ||||||||||||||||||
Interest and debt expense(1) | $305 | $461 | $551 | $626 | $676 | $514 | ||||||||||||
Interest capitalized during the period | 75 | 87 | 74 | 57 | 48 | 90 | ||||||||||||
Rentals deemed representative of an interest factor | 41 | 53 | 52 | 51 | 50 | 50 | ||||||||||||
Total fixed charges | $421 | $601 | $677 | $734 | $774 | $654 | ||||||||||||
Ratio of earnings to fixed charges | 13.3 | 11.4 | 9.8 | 8.3 | 6.8 | 3.6 | ||||||||||||
(1) | Amount does not include tax-related interest expense which is reported as a component of Income tax expense in our Condensed Consolidated Statements of Operations. |