Attached files
| file | filename |
|---|---|
| 10-K - 10-K - DANA INC | dan-20151231x10k.htm |
| EX-24 - EXHIBIT 24 - DANA INC | dan-20151231xex24.htm |
| EX-21 - EXHIBIT 21 - DANA INC | dan-20151231xex21.htm |
| EX-32 - EXHIBIT 32 - DANA INC | dan-20151231xex32.htm |
| EX-23 - EXHIBIT 23 - DANA INC | dan-20151231xex23.htm |
| EX-31.1 - EXHIBIT 31.1 - DANA INC | dan-20151231xex311.htm |
| EX-31.2 - EXHIBIT 31.2 - DANA INC | dan-20151231xex312.htm |
| EX-10.1 - EXHIBIT 10.1 - DANA INC | dan-20151231xex101.htm |
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
Income from continue operations before income taxes | $ | 292 | $ | 260 | $ | 368 | $ | 364 | $ | 306 | |||||||||
Fixed charges | 129 | 140 | 155 | 141 | 143 | ||||||||||||||
Distributed income of equity investees | 16 | 16 | 10 | 3 | 4 | ||||||||||||||
437 | 416 | 533 | 508 | 453 | |||||||||||||||
Less preference security dividend requirements | 5 | 37 | 36 | 43 | |||||||||||||||
Earnings | $ | 437 | $ | 411 | $ | 496 | $ | 472 | $ | 410 | |||||||||
Interest | $ | 113 | $ | 118 | $ | 99 | $ | 84 | $ | 79 | |||||||||
Interest element of rentals | 16 | 17 | 19 | 21 | 21 | ||||||||||||||
Preference security dividend requirements | 5 | 37 | 36 | 43 | |||||||||||||||
Fixed charges | $ | 129 | $ | 140 | $ | 155 | $ | 141 | $ | 143 | |||||||||
Ratio of earnings to fixed charges | 3.39 | 2.94 | 3.20 | 3.35 | 2.87 | ||||||||||||||