Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - PRAXAIR INC | Financial_Report.xls |
| EX-32.02 - SECTION 1350 CERTIFICATION - PRAXAIR INC | px-2014930xex3202.htm |
| EX-32.01 - SECTION 1350 CERTIFICATION - PRAXAIR INC | px-2014930xex3201.htm |
| EX-31.01 - RULE 13A-14(A) CERTIFICATION - PRAXAIR INC | px-2014930xex3101.htm |
| EX-31.02 - RULE 13A-14(A) CERTIFICATION - PRAXAIR INC | px-2014930xex3102.htm |
| 10-Q - PRAXAIR, INC. 2014 THIRD QUARTER FORM 10-Q - PRAXAIR INC | px-q3201410q.htm |
| EX-10.01 - AMENDED AND RESTATED PRAXAIR, INC. COMPENSATION DEFERRAL PROGRAM - PRAXAIR INC | px-2014930xex1001.htm |
RATIO OF EARNINGS TO FIXED CHARGES | |||||||||||||||||||
Praxair, Inc. and Subsidiaries | |||||||||||||||||||
Exhibit 12.01 | |||||||||||||||||||
Nine Months Ended September 30, | Year Ended December 31, | ||||||||||||||||||
(Dollar amounts in millions, except ratios) | 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||
Pre-tax income from continuing operations before adjustment for | |||||||||||||||||||
noncontrolling interests in consolidated subsidiaries or income or | |||||||||||||||||||
loss from equity investees | $ | 1,949 | $ | 2,447 | $ | 2,296 | $ | 2,323 | $ | 1,964 | |||||||||
Capitalized interest | (28 | ) | (69 | ) | (70 | ) | (62 | ) | (62 | ) | |||||||||
Depreciation of capitalized interest | 15 | 20 | 20 | 22 | 18 | ||||||||||||||
Dividends from less than 50%-owned companies carried at equity | 5 | 10 | 7 | 6 | 9 | ||||||||||||||
Adjusted pre-tax income from continuing operations before adjustment | |||||||||||||||||||
for noncontrolling interests in consolidated subsidiaries or income | 1,941 | 2,408 | 2,253 | 2,289 | 1,929 | ||||||||||||||
or loss from equity investees | |||||||||||||||||||
Fixed charges | |||||||||||||||||||
Interest on long-term and short-term debt | $ | 134 | $ | 178 | $ | 141 | $ | 145 | $ | 118 | |||||||||
Capitalized interest | 28 | 69 | 70 | 62 | 62 | ||||||||||||||
Rental expenses representative of an interest factor | 35 | 43 | 39 | 38 | 37 | ||||||||||||||
Total fixed charges | $ | 197 | $ | 290 | $ | 250 | $ | 245 | $ | 217 | |||||||||
Adjusted pre-tax income from continuing operations before adjustment | |||||||||||||||||||
for noncontrolling interests in consolidated subsidiaries or income or | |||||||||||||||||||
loss from equity investees plus total fixed charges | $ | 2,138 | $ | 2,698 | $ | 2,503 | $ | 2,534 | $ | 2,146 | |||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 10.9 | 9.3 | 10.0 | 10.3 | 9.9 | ||||||||||||||