Attached files
file | filename |
---|---|
10-Q - 10-Q - FORD MOTOR CREDIT CO LLC | fmcc0930201410-q.htm |
EX-15 - EXHIBIT 15 - FORD MOTOR CREDIT CO LLC | fmcc09302014ex15.htm |
EX-31.1 - EXHIBIT 31.1 - FORD MOTOR CREDIT CO LLC | fmcc09302014ex311.htm |
EX-31.2 - EXHIBIT 31.2 - FORD MOTOR CREDIT CO LLC | fmcc09302014ex312.htm |
EX-32.1 - EXHIBIT 32.1 - FORD MOTOR CREDIT CO LLC | fmcc09302014ex321.htm |
EX-32.2 - EXHIBIT 32.2 - FORD MOTOR CREDIT CO LLC | fmcc09302014ex322.htm |
10-Q - PRINTABLE PDF OF FORM 10-Q - FORD MOTOR CREDIT CO LLC | fmcc0930201410q.pdf |
EXCEL - IDEA: XBRL DOCUMENT - FORD MOTOR CREDIT CO LLC | Financial_Report.xls |
Exhibit 12
FORD MOTOR CREDIT COMPANY LLC AND SUBSIDIARIES
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions)
First Nine Months 2014 | ||||
Earnings | ||||
Income before income taxes | $ | 1,431 | ||
Add/(Deduct): | ||||
Equity in net income of affiliated companies | (21 | ) | ||
Dividends from affiliated companies | — | |||
Fixed charges | 2,008 | |||
Earnings | $ | 3,418 | ||
Fixed charges | ||||
Interest expense | $ | 2,002 | ||
Interest portion of rental expense (a) | 6 | |||
Total fixed charges | $ | 2,008 | ||
Ratios | ||||
Ratio of earnings to fixed charges | 1.7 | |||
__________ | ||||
(a) One-third of all rental expense is deemed to be interest. |