Attached files
| file | filename |
|---|---|
| 8-K - 8-K - AMAZON COM INC | d831692d8k.htm |
| EX-1.1 - EX-1.1 - AMAZON COM INC | d831692dex11.htm |
| EX-5.1 - EX-5.1 - AMAZON COM INC | d831692dex51.htm |
| EX-4.1 - EX-4.1 - AMAZON COM INC | d831692dex41.htm |
Exhibit 12.1
Ratio of Earnings to Fixed Charges
(in millions)
| Nine Months Ended September 30, |
Year Ended December 31, | |||||||||||||||||||||||
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||||||
| Earnings available for fixed charges: |
||||||||||||||||||||||||
| Income before income taxes |
$ | (540 | ) | $ | 506 | $ | 544 | $ | 934 | $ | 1,497 | $ | 1,161 | |||||||||||
| Fixed charges, excluding capitalized interest |
190 | 197 | 133 | 108 | 66 | 55 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| Total earnings available for fixed charges |
$ | (350 | ) | $ | 703 | $ | 677 | $ | 1,042 | $ | 1,563 | $ | 1,216 | |||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| Fixed charges: |
||||||||||||||||||||||||
| Interest and debt expense (1) |
$ | 140 | $ | 143 | $ | 93 | $ | 65 | $ | 39 | $ | 34 | ||||||||||||
| Assumed interest element included in rent expense |
54 | 57 | 41 | 43 | 27 | 21 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| Total Fixed charges |
$ | 194 | $ | 200 | $ | 134 | $ | 108 | $ | 66 | $ | 55 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| Ratio of earnings to fixed charges (2) |
— | 3.52 | 5.07 | 9.61 | 23.68 | 22.29 | ||||||||||||||||||
| (1) | Includes amortization of debt-related expenses plus capitalized interest. |
| (2) | For the nine months ended September 30, 2014, earnings were insufficient to cover fixed charges by $350 million. |