Attached files
| file | filename |
|---|---|
| 8-K - GENERAL ELECTRIC CO | ge8k113015.htm |
| EX-99 - GENERAL ELECTRIC CO | ge8k113015ex99.htm |
| EX-12.B - GENERAL ELECTRIC CO | ge8k113015ex12b.htm |
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Exhibit 12(a)
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General Electric Company
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Pro Forma Computation of Ratio of Earnings to Fixed Charges
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Nine months ended September 30
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(Dollars in millions)
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2015
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2014
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General Electric Company and
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consolidated affiliates
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Earnings(a)
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$
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6,076
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$
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6,137
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Plus:
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Interest and other financial charges
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included in expense(b)
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6,332
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7,116
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One-third of rental expense(c)
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363
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370
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Adjusted "earnings"
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$
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12,771
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$
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13,623
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Fixed charges:
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Interest and other financial charges
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included in expense(b)
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$
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6,332
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$
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7,116
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Interest capitalized
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18
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20
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One-third of rental expense(c)
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363
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370
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Total fixed charges
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$
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6,713
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$
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7,506
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Pro forma ratio of earnings to fixed charges
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1.90
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1.81
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| (a) | Pro forma earnings before income taxes, noncontrolling interests, discontinued operations and undistributed earnings of equity investees. |
| (b) | Included interest on tax deficiencies and interest on discontinued operations. |
| (c) | Considered to be representative of interest factor in rental expense. |