Attached files
EXHIBIT 12(a)
Year Ended December 31, | |||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
EARNINGS: | |||||||||||||||||||
Income (loss) from continuing operations | $ | (4,603 | ) | $ | (6,229 | ) | $ | (2,317 | ) | $ | (3,008 | ) | $ | (1,802 | ) | ||||
Add: Total federal income tax expense (benefit) | (858 | ) | (2,330 | ) | (737 | ) | (924 | ) | (943 | ) | |||||||||
Fixed charges (see detail below) | 1,322 | 1,793 | 1,977 | 2,902 | 3,849 | ||||||||||||||
Total earnings (loss) | $ | (4,139 | ) | $ | (6,766 | ) | $ | (1,077 | ) | $ | (1,030 | ) | $ | 1,104 | |||||
FIXED CHARGES: | |||||||||||||||||||
Interest expense | $ | 1,304 | $ | 1,775 | $ | 1,958 | $ | 2,878 | $ | 3,824 | |||||||||
Rentals representative of the interest factor | 18 | 18 | 19 | 24 | 25 | ||||||||||||||
Total fixed charges | $ | 1,322 | $ | 1,793 | $ | 1,977 | $ | 2,902 | $ | 3,849 | |||||||||
RATIO OF EARNINGS TO FIXED CHARGES (a) | — | — | — | — | — |
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(a) | Fixed charges exceeded "earnings" by $5.461 billion, $8.559 billion, $3.054 billion, $3.932 billion and $2.745 billion for the years ended December 31, 2015, 2014, 2013, 2012 and 2011, respectively. |