Attached files
file | filename |
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EX-10.19 - EXHIBIT 10.19 - DELTA AIR LINES, INC. | dal12312017ex1019.htm |
EX-32 - EXHIBIT 32 - DELTA AIR LINES, INC. | dal12312017ex32.htm |
EX-31.2 - EXHIBIT 31.2 - DELTA AIR LINES, INC. | dal12312017ex312.htm |
EX-31.1 - EXHIBIT 31.1 - DELTA AIR LINES, INC. | dal12312017ex311.htm |
EX-23.1 - EXHIBIT 23.1 - DELTA AIR LINES, INC. | dal12312017ex231.htm |
EX-21.1 - EXHIBIT 21.1 - DELTA AIR LINES, INC. | dal12312017ex211.htm |
EX-10.18B - EXHIBIT 10.18B - DELTA AIR LINES, INC. | dal12312017ex1018b.htm |
EX-10.17 - EXHIBIT 10.17 - DELTA AIR LINES, INC. | dal12312017ex1017.htm |
EX-10.16C - EXHIBIT 10.16C - DELTA AIR LINES, INC. | dal12312017ex1016c.htm |
EX-10.15B - EXHIBIT 10.15B - DELTA AIR LINES, INC. | dal12312017ex1015b.htm |
EX-10.15 - EXHIBIT 10.15 - DELTA AIR LINES, INC. | dal12312017ex1015.htm |
EX-10.14B - EXHIBIT 10.14B - DELTA AIR LINES, INC. | dal12312017ex1014b.htm |
EX-10.10 - EXHIBIT 10.10 - DELTA AIR LINES, INC. | dal12312017ex1010.htm |
10-K - 10-K - DELTA AIR LINES, INC. | dal1231201710k.htm |
Exhibit 12.1
Delta Air Lines, Inc.
Computation of Ratio of Earnings to Fixed Charges
Year Ended December 31, | |||||||||||||||
(in millions, except for ratio data) | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||
Earnings before income taxes | $ | 5,701 | $ | 6,636 | $ | 7,157 | $ | 1,072 | $ | 2,527 | |||||
Add (deduct): | |||||||||||||||
Fixed charges from below | 529 | 528 | 584 | 737 | 947 | ||||||||||
Capitalized interest | (58 | ) | (53 | ) | (36 | ) | (33 | ) | (29 | ) | |||||
Earnings as adjusted | $ | 6,172 | $ | 7,111 | $ | 7,705 | $ | 1,776 | $ | 3,445 | |||||
Fixed charges: | |||||||||||||||
Interest expense, including capitalized amounts and amortization of debt costs | $ | 483 | $ | 472 | $ | 534 | $ | 691 | $ | 891 | |||||
Portion of rental expense representative of the interest factor | 46 | 56 | 50 | 46 | 56 | ||||||||||
Fixed charges | $ | 529 | $ | 528 | $ | 584 | $ | 737 | $ | 947 | |||||
Ratio of earnings to fixed charges | 11.67 | 13.47 | 13.19 | 2.41 | 3.64 |