Attached files
| file | filename |
|---|---|
| 10-Q - CFSC 2014 3RD QUARTER 10-Q - CATERPILLAR FINANCIAL SERVICES CORP | cfsc-09302014x10q.htm |
| EX-31.1 - EXHIBIT 31.1 - CATERPILLAR FINANCIAL SERVICES CORP | cfsc-09302014x10qxex311.htm |
| EX-31.2 - EXHIBIT 31.2 - CATERPILLAR FINANCIAL SERVICES CORP | cfsc-09302014x10qxex312.htm |
| EX-32 - EXHIBIT 32 - CATERPILLAR FINANCIAL SERVICES CORP | cfsc-09302014x10qxex32.htm |
| 10-Q - PDF COPY OF CFSC 2014 3RD QUARTER 10-Q AND EXHIBITS - CATERPILLAR FINANCIAL SERVICES CORP | cfsc0930201410q.pdf |
| EXCEL - IDEA: XBRL DOCUMENT - CATERPILLAR FINANCIAL SERVICES CORP | Financial_Report.xls |
EXHIBIT 12
Caterpillar Financial Services Corporation
COMPUTATION OF RATIO OF PROFIT TO FIXED CHARGES
(Unaudited)
(Dollars in Millions)
Three Months Ended September 30, | Nine Months Ended September 30, | ||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||
Profit | $ | 148 | $ | 117 | $ | 427 | $ | 355 | |||||||
Add: | |||||||||||||||
Provision for income taxes | 47 | 44 | 153 | 126 | |||||||||||
Profit before income taxes | $ | 195 | $ | 161 | $ | 580 | $ | 481 | |||||||
Fixed charges: | |||||||||||||||
Interest expense | $ | 158 | $ | 179 | $ | 475 | $ | 557 | |||||||
Rentals at computed interest* | 1 | 1 | 4 | 4 | |||||||||||
Total fixed charges | $ | 159 | $ | 180 | $ | 479 | $ | 561 | |||||||
Profit before income taxes plus fixed charges | $ | 354 | $ | 341 | $ | 1,059 | $ | 1,042 | |||||||
Ratio of profit before income taxes plus fixed charges to fixed charges | 2.23 | 1.89 | 2.21 | 1.86 | |||||||||||
*Those portions of rent expense that are representative of interest cost.