Attached files
file | filename |
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EX-32 - EX-32 - PACCAR INC | d53439dex32.htm |
EX-31.(B) - EX-31(B) - PACCAR INC | d53439dex31b.htm |
EX-31.(A) - EX-31 (A) - PACCAR INC | d53439dex31a.htm |
10-Q - FORM 10-Q - PACCAR INC | d53439d10q.htm |
EXHIBIT 12(a)
PACCAR Inc
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
PURSUANT TO SEC REPORTING REQUIREMENTS
(Millions of Dollars)
Nine Months Ended September 30, |
2015 | 2014 | ||||||
FIXED CHARGES |
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Interest expense |
$ | 82.4 | $ | 99.6 | ||||
Portion of rentals deemed interest |
3.6 | 4.5 | ||||||
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TOTAL FIXED CHARGES |
$ | 86.0 | $ | 104.1 | ||||
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EARNINGS |
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Income before taxes |
$ | 1,838.4 | $ | 1,439.9 | ||||
Fixed charges |
89.7 | 106.5 | ||||||
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EARNINGS AS DEFINED |
$ | 1,928.1 | $ | 1,546.4 | ||||
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RATIO OF EARNINGS TO FIXED CHARGES |
22.42X | 14.85X | ||||||
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