Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - L 3 COMMUNICATIONS HOLDINGS INC | Financial_Report.xls |
| EX-23 - EX-23 - L 3 COMMUNICATIONS HOLDINGS INC | d828024dex23.htm |
| EX-32 - EX-32 - L 3 COMMUNICATIONS HOLDINGS INC | d828024dex32.htm |
| EX-21 - EX-21 - L 3 COMMUNICATIONS HOLDINGS INC | d828024dex21.htm |
| EX-31.2 - EX-31.2 - L 3 COMMUNICATIONS HOLDINGS INC | d828024dex312.htm |
| EX-31.1 - EX-31.1 - L 3 COMMUNICATIONS HOLDINGS INC | d828024dex311.htm |
| EX-10.48 - EX-10.48 - L 3 COMMUNICATIONS HOLDINGS INC | d828024dex1048.htm |
| 10-K - FORM 10-K - L 3 COMMUNICATIONS HOLDINGS INC | d828024d10k.htm |
Exhibit 12
L-3 Communications Holdings, Inc.
and L-3 Communications Corporation
Ratio of Earnings to Fixed Charges (Unaudited)
| Year Ended December 31, | ||||||||||||||||||||
| 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
| (In millions, except ratio of earnings to fixed charges) | ||||||||||||||||||||
| Earnings: |
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| Income from continuing operations before income taxes |
$ | 925 | $ | 1,055 | $ | 1,122 | $ | 1,162 | $ | 1,254 | ||||||||||
| Net income from continuing operations attributable to noncontrolling interests |
(13) | (9) | (6) | (9) | (9) | |||||||||||||||
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| Income from continuing operations before income taxes after noncontrolling interests |
$ | 912 | $ | 1,046 | $ | 1,116 | $ | 1,153 | $ | 1,245 | ||||||||||
| Add: |
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| Interest expense |
172 | 172 | 193 | 226 | 257 | |||||||||||||||
| Amortization of debt expense |
6 | 5 | 5 | 9 | 12 | |||||||||||||||
| Interest component of rent expense |
47 | 47 | 54 | 55 | 59 | |||||||||||||||
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| Earnings |
$ | 1,137 | $ | 1,270 | $ | 1,368 | $ | 1,443 | $ | 1,573 | ||||||||||
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| Fixed charges: |
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| Interest expense |
$ | 172 | $ | 172 | $ | 193 | $ | 226 | $ | 257 | ||||||||||
| Amortization of debt expense |
6 | 5 | 5 | 9 | 12 | |||||||||||||||
| Interest component of rent expense |
47 | 47 | 54 | 55 | 59 | |||||||||||||||
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| Fixed charges |
$ | 225 | $ | 224 | $ | 252 | $ | 290 | $ | 328 | ||||||||||
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| Ratio of earnings to fixed charges |
5.1x | 5.7x | 5.4x | 5.0x | 4.8x | |||||||||||||||
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