Attached files

file filename
EX-32 - EX-32 - PACCAR INCd53439dex32.htm
EX-31.(B) - EX-31(B) - PACCAR INCd53439dex31b.htm
EX-31.(A) - EX-31 (A) - PACCAR INCd53439dex31a.htm
10-Q - FORM 10-Q - PACCAR INCd53439d10q.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

     

Interest expense

   $ 82.4       $ 99.6   

Portion of rentals deemed interest

     3.6         4.5   
  

 

 

    

 

 

 

TOTAL FIXED CHARGES

   $ 86.0       $ 104.1   
  

 

 

    

 

 

 

EARNINGS

     

Income before taxes

   $ 1,838.4       $ 1,439.9   

Fixed charges

     89.7         106.5   
  

 

 

    

 

 

 

EARNINGS AS DEFINED

   $ 1,928.1       $ 1,546.4   
  

 

 

    

 

 

 

RATIO OF EARNINGS TO FIXED CHARGES

     22.42X         14.85X