Attached files
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8-K - FORM 8-K - DELTA AIR LINES, INC. | delta_8k.htm |
Exhibit 12.1
Nine Months Ended September 30, | Year Ended December 31, | |||||||||||||||||||||||||||
2017 | 2016 | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||||||||
Earnings before income taxes | $ | 4,611 | $ | 5,684 | $ | 6,636 | $ | 7,157 | $ | 1,072 | $ | 2,527 | $ | 1,025 | ||||||||||||||
Add (deduct): | ||||||||||||||||||||||||||||
Fixed charges from below | 396 | 408 | 528 | 584 | 737 | 947 | 1,116 | |||||||||||||||||||||
Capitalized interest | (43 | ) | (39 | ) | (53 | ) | (36 | ) | (33 | ) | (29 | ) | (21 | ) | ||||||||||||||
Earnings as adjusted | $ | 4,964 | $ | 6,053 | $ | 7,111 | $ | 7,705 | $ | 1,776 | $ | 3,445 | $ | 2,120 | ||||||||||||||
Fixed Charges: | ||||||||||||||||||||||||||||
Interest expense, including capitalized amounts and amortization of debt costs | $ | 361 | $ | 359 | $ | 472 | $ | 534 | $ | 691 | $ | 891 | $ | 1,044 | ||||||||||||||
Portion of rental expense representative of the interest factor | 35 | 49 | 56 | 50 | 46 | 56 | 72 | |||||||||||||||||||||
$ | 396 | $ | 408 | $ | 528 | $ | 584 | $ | 737 | $ | 947 | $ | 1,116 | |||||||||||||||
Ratio of Earnings to Fixed Charges | 12.55 | 14.82 | 13.47 | 13.19 | 2.41 | 3.64 | 1.90 | |||||||||||||||||||||