Attached files
file | filename |
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EX-15 - LETTER FROM INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - NORTHROP GRUMMAN CORP /DE/ | noc-03312017xex15.htm |
EX-32.2 - CERTIFICATION OF KENNETH L. BEDINGFIELD - NORTHROP GRUMMAN CORP /DE/ | noc-03312017xex322.htm |
EX-32.1 - CERTIFICATION OF WESLEY G. BUSH - NORTHROP GRUMMAN CORP /DE/ | noc-03312017xex321.htm |
EX-31.2 - CERTIFICATION OF KENNETH L. BEDINGFIELD - NORTHROP GRUMMAN CORP /DE/ | noc-03312017xex312.htm |
EX-31.1 - CERTIFICATION OF WESLEY G. BUSH - NORTHROP GRUMMAN CORP /DE/ | noc-03312017xex311.htm |
EX-10.3 - SEVERANCE PLAN FOR ELECTED AND APPOINTED OFFICERS OF NORTHROP GRUMMAN CORP - NORTHROP GRUMMAN CORP /DE/ | noc-03312017xex103.htm |
EX-10.2 - GRANT CERTIFICATE APPLICABLE TO 2017 RESTRICTED PERFORMANCE STOCK RIGHTS - NORTHROP GRUMMAN CORP /DE/ | noc-03312017xex102.htm |
EX-10.1 - GRANT CERTIFICATE APPLICABLE TO 2017 RESTRICTED STOCK RIGHTS - NORTHROP GRUMMAN CORP /DE/ | noc-03312017xex101.htm |
10-Q - 10-Q - NORTHROP GRUMMAN CORP /DE/ | noc-03312017x10q.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: | 2017 | 2016 | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
Earnings from continuing operations before income taxes | $ | 773 | $ | 676 | $ | 2,923 | $ | 2,790 | $ | 2,937 | $ | 2,863 | $ | 2,965 | ||||||||
Fixed Charges: | ||||||||||||||||||||||
Interest expense, including amortization of debt premium | 75 | 76 | 301 | 301 | 282 | 257 | 212 | |||||||||||||||
Portion of rental expenses on operating leases deemed to be representative of the interest factor | 30 | 30 | 99 | 101 | 101 | 99 | 116 | |||||||||||||||
Earnings from continuing operations before income taxes and fixed charges | $ | 878 | $ | 782 | $ | 3,323 | $ | 3,192 | $ | 3,320 | $ | 3,219 | $ | 3,293 | ||||||||
Fixed Charges: | $ | 105 | $ | 106 | $ | 400 | $ | 402 | $ | 383 | $ | 356 | $ | 328 | ||||||||
Ratio of earnings to fixed charges | 8.4 | 7.4 | 8.3 | 7.9 | 8.7 | 9.0 | 10.0 |