Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - FORD MOTOR CREDIT CO LLC | fmcc0930201510-q.htm |
| EX-15 - EXHIBIT 15 - FORD MOTOR CREDIT CO LLC | fmcc09302015ex15.htm |
| EX-31.1 - EXHIBIT 31.1 - FORD MOTOR CREDIT CO LLC | fmcc09302015ex311.htm |
| EX-31.2 - EXHIBIT 31.2 - FORD MOTOR CREDIT CO LLC | fmcc09302015ex312.htm |
| EX-32.1 - EXHIBIT 32.1 - FORD MOTOR CREDIT CO LLC | fmcc09302015ex321.htm |
| EX-32.2 - EXHIBIT 32.2 - FORD MOTOR CREDIT CO LLC | fmcc09302015ex322.htm |
| 10-Q - PRINTABLE PDF OF FORM 10-Q - FORD MOTOR CREDIT CO LLC | fmcc930201510q.pdf |
Exhibit 12
FORD MOTOR CREDIT COMPANY LLC AND SUBSIDIARIES
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions)
First Nine Months 2015 | ||||
Earnings | ||||
Income before income taxes | $ | 1,530 | ||
Add/(Deduct): | ||||
Equity in net income of affiliated companies | (24 | ) | ||
Dividends from affiliated companies | — | |||
Fixed charges excluding capitalized interest | 1,826 | |||
Earnings | $ | 3,332 | ||
Fixed charges | ||||
Interest expense | $ | 1,819 | ||
Interest portion of rental expense (a) | 7 | |||
Capitalized interest | 1 | |||
Total fixed charges | $ | 1,827 | ||
Ratios | ||||
Ratio of earnings to fixed charges | 1.8 | |||
__________
(a) | One-third of all rental expense is deemed to be interest. |