Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - L 3 COMMUNICATIONS HOLDINGS INC | Financial_Report.xls |
EX-32 - EX-32 - L 3 COMMUNICATIONS HOLDINGS INC | d901566dex32.htm |
EX-31.2 - EX-31.2 - L 3 COMMUNICATIONS HOLDINGS INC | d901566dex312.htm |
EX-10.3 - EX-10.3 - L 3 COMMUNICATIONS HOLDINGS INC | d901566dex103.htm |
EX-10.2 - EX-10.2 - L 3 COMMUNICATIONS HOLDINGS INC | d901566dex102.htm |
EX-31.1 - EX-31.1 - L 3 COMMUNICATIONS HOLDINGS INC | d901566dex311.htm |
EX-10.1 - EX-10.1 - L 3 COMMUNICATIONS HOLDINGS INC | d901566dex101.htm |
10-Q - FORM 10-Q - L 3 COMMUNICATIONS HOLDINGS INC | d901566d10q.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 |
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($ in millions) | ||||||||
Earnings: |
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Income before income taxes |
$ | 159 | $ | 248 | ||||
Net income attributable to noncontrolling interests |
(4 | ) | (2 | ) | ||||
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|
|
|
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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 | ||||||
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|
|
|
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Earnings |
$ | 214 | $ | 302 | ||||
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Fixed charges: |
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Interest expense |
43 | 42 | ||||||
Amortization of debt expense |
1 | 1 | ||||||
Interest component of rent expense |
15 | 13 | ||||||
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|
|
|
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Fixed charges |
$ | 59 | $ | 56 | ||||
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|
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Ratio of earnings to fixed charges |
3.6 | x | 5.4 | x | ||||
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