Attached files
| file | filename |
|---|---|
| EX-31.1 - EXHIBIT 31.1 - NOBLE ENERGY INC | nbl-20160331x10qxex311.htm |
| EX-31.2 - EXHIBIT 31.2 - NOBLE ENERGY INC | nbl-20160331x10qxex312.htm |
| EX-32.2 - EXHIBIT 32.2 - NOBLE ENERGY INC | nbl-20160331x10qxex322.htm |
| 10-Q - 10-Q - NOBLE ENERGY INC | nbl-20160331x10q.htm |
| EX-32.1 - EXHIBIT 32.1 - NOBLE ENERGY INC | nbl-20160331x10qxex321.htm |
EXHIBIT 12.1
Noble Energy, Inc. | ||||||||||||||||||||
Calculation of Ratio of Earnings to Fixed Charges | ||||||||||||||||||||
Three Months Ended March 31, | Year Ended December 31, | |||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
(millions) | ||||||||||||||||||||
Income (Loss) From Continuing Operations Before Income Tax and Income From Equity Investees | $ | (472 | ) | $ | (2,309 | ) | $ | 1,540 | $ | 1,138 | $ | 1,170 | ||||||||
Add (Deduct) | ||||||||||||||||||||
Fixed Charges | 113 | 435 | 349 | 296 | 288 | |||||||||||||||
Capitalized Interest | (27 | ) | (144 | ) | (116 | ) | (121 | ) | (151 | ) | ||||||||||
Distributed Income From Equity Investees | 16 | 77 | 382 | 204 | 204 | |||||||||||||||
Earnings as Defined | $ | (370 | ) | $ | (1,941 | ) | $ | 2,155 | $ | 1,517 | $ | 1,511 | ||||||||
Net Interest Expense | 79 | 263 | 210 | 158 | 125 | |||||||||||||||
Capitalized Interest | 27 | 144 | 116 | 121 | 151 | |||||||||||||||
Interest Portion of Rental Expense | 7 | 28 | 23 | 17 | 12 | |||||||||||||||
Fixed Charges as Defined | $ | 113 | $ | 435 | $ | 349 | $ | 296 | $ | 288 | ||||||||||
Ratio of Earnings to Fixed Charges | — | — | 6.2 | 5.1 | 5.2 | |||||||||||||||
Amount by Which Earnings Were Insufficient to Cover Fixed Charges | $ | 483 | $ | 2,376 | $ | — | $ | — | $ | — | ||||||||||