Attached files

file filename
10-Q - 10-Q - FORD MOTOR CREDIT CO LLCfmcc0930201410-q.htm
EX-15 - EXHIBIT 15 - FORD MOTOR CREDIT CO LLCfmcc09302014ex15.htm
EX-31.1 - EXHIBIT 31.1 - FORD MOTOR CREDIT CO LLCfmcc09302014ex311.htm
EX-31.2 - EXHIBIT 31.2 - FORD MOTOR CREDIT CO LLCfmcc09302014ex312.htm
EX-32.1 - EXHIBIT 32.1 - FORD MOTOR CREDIT CO LLCfmcc09302014ex321.htm
EX-32.2 - EXHIBIT 32.2 - FORD MOTOR CREDIT CO LLCfmcc09302014ex322.htm
10-Q - PRINTABLE PDF OF FORM 10-Q - FORD MOTOR CREDIT CO LLCfmcc0930201410q.pdf
EXCEL - IDEA: XBRL DOCUMENT - FORD MOTOR CREDIT CO LLCFinancial_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.