Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT 32 - DANA INC | dan-20171231xex32.htm |
| EX-31.2 - EXHIBIT 31.2 - DANA INC | dan-20171231xex312.htm |
| EX-31.1 - EXHIBIT 31.1 - DANA INC | dan-20171231xex311.htm |
| EX-24 - EXHIBIT 24 - DANA INC | dan-20171231xex24.htm |
| EX-23 - EXHIBIT 23 - DANA INC | dan-20171231xex23.htm |
| EX-21 - EXHIBIT 21 - DANA INC | dan-20171231xex21.htm |
| 10-K - 10-K - DANA INC | dan-20171231x10k.htm |
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||
Income from continuing operations before income taxes | $ | 380 | $ | 215 | $ | 292 | $ | 260 | $ | 368 | |||||||||
Fixed charges | 123 | 130 | 129 | 140 | 155 | ||||||||||||||
Distributed income of equity investees | 16 | 11 | 16 | 16 | 10 | ||||||||||||||
519 | 356 | 437 | 416 | 533 | |||||||||||||||
Less preference security dividend requirements | — | — | — | 5 | 37 | ||||||||||||||
Earnings | $ | 519 | $ | 356 | $ | 437 | $ | 411 | $ | 496 | |||||||||
Interest | $ | 102 | $ | 113 | $ | 113 | $ | 118 | $ | 99 | |||||||||
Interest element of rentals | 21 | 17 | 16 | 17 | 19 | ||||||||||||||
Preference security dividend requirements | — | — | — | 5 | 37 | ||||||||||||||
Fixed charges | $ | 123 | $ | 130 | $ | 129 | $ | 140 | $ | 155 | |||||||||
Ratio of earnings to fixed charges | 4.22 | 2.74 | 3.39 | 2.94 | 3.20 | ||||||||||||||