DELTA AIR LINES, INC. - FORM 10-K - EX-12.1 - EXHIBIT 12.1 - February 23, 2018

Attached files

file filename
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









DELTA AIR LINES, INC. Reports