RYDER SYSTEM INC - FORM 10-Q - EX-12.2 - EXHIBIT 12.2 - July 25, 2018

Attached files

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EX-32 - EXHIBIT 32 - RYDER SYSTEM INCryderex32-q22018.htm
EX-31.2 - EXHIBIT 31.2 - RYDER SYSTEM INCryderex312-q22018.htm
EX-31.1 - EXHIBIT 31.1 - RYDER SYSTEM INCryderex311-q22018.htm
EX-10.1 - EXHIBIT 10.1 - RYDER SYSTEM INCryderex101-q22018.htm
10-Q - 10-Q - RYDER SYSTEM INCryder2ndquarter201810-q.htm


EXHIBIT 12.2
Ryder System, Inc. and Subsidiaries
Ratio of Earnings to Fixed Charges
Continuing Operations
(Dollars in thousands)
 
 
For the six months ended June 30, 2018
 
 
 
 
EARNINGS:
 
 
Earnings before income taxes
 
$
146,383

Fixed charges
 
102,068

Add: Amortization of capitalized interest
 
389

Less: Interest capitalized
 
—

Earnings available for fixed charges (A)
 
$
248,840

 
 
 
FIXED CHARGES:
 
 
Interest and other financial charges
 
$
80,150

Portion of rents representing interest expense
 
21,918

Total fixed charges (B)
 
$
102,068

 
 
 
RATIO OF EARNINGS TO FIXED CHARGES (A) / (B)
 
2.44

 
 
 




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