Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - L 3 COMMUNICATIONS HOLDINGS INCFinancial_Report.xls
EX-32 - EX-32 - L 3 COMMUNICATIONS HOLDINGS INCd901566dex32.htm
EX-31.2 - EX-31.2 - L 3 COMMUNICATIONS HOLDINGS INCd901566dex312.htm
EX-10.3 - EX-10.3 - L 3 COMMUNICATIONS HOLDINGS INCd901566dex103.htm
EX-10.2 - EX-10.2 - L 3 COMMUNICATIONS HOLDINGS INCd901566dex102.htm
EX-31.1 - EX-31.1 - L 3 COMMUNICATIONS HOLDINGS INCd901566dex311.htm
EX-10.1 - EX-10.1 - L 3 COMMUNICATIONS HOLDINGS INCd901566dex101.htm
10-Q - FORM 10-Q - L 3 COMMUNICATIONS HOLDINGS INCd901566d10q.htm

Exhibit 12

L-3 Communications Holdings, Inc.

and L-3 Communications Corporation

Ratio of Earnings to Fixed Charges

 

     First Quarter Ended  
     March 27,
2015
    March 28,
2014
 
     ($ in millions)  

Earnings:

    

Income before income taxes

   $ 159      $ 248   

Net income attributable to noncontrolling interests

     (4     (2
  

 

 

   

 

 

 

Income before income taxes after noncontrolling interests

$ 155    $ 246   

Add:

Interest expense

  43      42   

Amortization of debt expense

  1      1   

Interest component of rent expense

  15      13   
  

 

 

   

 

 

 

Earnings

$ 214    $ 302   
  

 

 

   

 

 

 

Fixed charges:

Interest expense

  43      42   

Amortization of debt expense

  1      1   

Interest component of rent expense

  15      13   
  

 

 

   

 

 

 

Fixed charges

$ 59    $ 56   
  

 

 

   

 

 

 

Ratio of earnings to fixed charges

  3.6   5.4