Attached files
| file | filename |
|---|---|
| 10-K - 10-K - DANA INC | dan-20161231x10k.htm |
| EX-32 - EXHIBIT 32 - DANA INC | dan-20161231xex32.htm |
| EX-31.2 - EXHIBIT 31.2 - DANA INC | dan-20161231xex312.htm |
| EX-31.1 - EXHIBIT 31.1 - DANA INC | dan-20161231xex311.htm |
| EX-24 - EXHIBIT 24 - DANA INC | dan-20161231xex24.htm |
| EX-23 - EXHIBIT 23 - DANA INC | dan-20161231xex23.htm |
| EX-21 - EXHIBIT 21 - DANA INC | dan-20161231xex21.htm |
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
Income from continuing operations before income taxes | $ | 215 | $ | 292 | $ | 260 | $ | 368 | $ | 364 | |||||||||
Fixed charges | 130 | 129 | 140 | 155 | 141 | ||||||||||||||
Distributed income of equity investees | 11 | 16 | 16 | 10 | 3 | ||||||||||||||
356 | 437 | 416 | 533 | 508 | |||||||||||||||
Less preference security dividend requirements | 5 | 37 | 36 | ||||||||||||||||
Earnings | $ | 356 | $ | 437 | $ | 411 | $ | 496 | $ | 472 | |||||||||
Interest | $ | 113 | $ | 113 | $ | 118 | $ | 99 | $ | 84 | |||||||||
Interest element of rentals | 17 | 16 | 17 | 19 | 21 | ||||||||||||||
Preference security dividend requirements | 5 | 37 | 36 | ||||||||||||||||
Fixed charges | $ | 130 | $ | 129 | $ | 140 | $ | 155 | $ | 141 | |||||||||
Ratio of earnings to fixed charges | 2.74 | 3.39 | 2.94 | 3.20 | 3.35 | ||||||||||||||