NORTHROP GRUMMAN CORP /DE/ - FORM 10-Q - EX-12.A - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - April 27, 2016

Attached files

file filename
EX-10.5 - NORTHROP GRUMMAN SAVINGS EXCESS PLAN (APRIL 1,2016) - NORTHROP GRUMMAN CORP /DE/noc-03312016xex105.htm
EX-10.3 - NORTHROP GRUMMAN DEFERRED COMPENSATION PLAN (APRIL 1, 2016) - NORTHROP GRUMMAN CORP /DE/noc-03312016xex103.htm
EX-31.1 - CERTIFICATION OF WESLEY G. BUSH - NORTHROP GRUMMAN CORP /DE/noc-03312016xex311.htm
EX-32.2 - CERTIFICATION OF KENNETH L. BEDINGFIELD - NORTHROP GRUMMAN CORP /DE/noc-03312016xex322.htm
EX-31.2 - CERTIFICATION OF KENNETH L. BEDINGFIELD - NORTHROP GRUMMAN CORP /DE/noc-03312016xex312.htm
EX-10.2 - GRANT CERTIFICATE APPLICABLE TO 2016 RESTRICTED PERFORMANCE STOCK RIGHTS - NORTHROP GRUMMAN CORP /DE/noc-03312016xex102.htm
EX-10.4 - NORTHROP GRUMMAN OFFICERS RETIREMENT ACCOUNT CONTRIBUTION PLAN (APRIL 1, 2016) - NORTHROP GRUMMAN CORP /DE/noc-03312016xex104.htm
10-Q - 10-Q - NORTHROP GRUMMAN CORP /DE/noc-03312016x10q.htm
EX-15 - LETTER FROM INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - NORTHROP GRUMMAN CORP /DE/noc-03312016xex15.htm
EX-10.1 - GRANT CERTIFICATE APPLICABLE TO 2016 RESTRICTED STOCK RIGHTS - NORTHROP GRUMMAN CORP /DE/noc-03312016xex101.htm
EX-32.1 - CERTIFICATION OF WESLEY G. BUSH - NORTHROP GRUMMAN CORP /DE/noc-03312016xex321.htm


NORTHROP GRUMMAN CORPORATION
 
EXHIBIT 12(a)
NORTHROP GRUMMAN CORPORATION
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

$ in millions
Three Months Ended March 31
 
Year Ended December 31
Earnings:
2016
2015
 
2015
2014
2013
2012
2011
Earnings from continuing operations before income taxes
$
676

$
704

 
$
2,790

$
2,937

$
2,863

$
2,965

$
3,083

Fixed Charges:
 
 
 
 
 
 
 
 
Interest expense, including amortization of debt premium
76

76

 
301

282

257

212

221

Portion of rental expenses on operating leases deemed to be representative of the interest factor
30

27

 
101

101

99

116

140

Earnings from continuing operations before income taxes and fixed charges
$
782

$
807

 
$
3,192

$
3,320

$
3,219

$
3,293

$
3,444

Fixed Charges:
$
106

$
103

 
$
402

$
383

$
356

$
328

$
361

Ratio of earnings to fixed charges
7.4

7.8

 
7.9

8.7

9.0

10.0

9.5


  



NORTHROP GRUMMAN CORP /DE/ Reports