Attached files
| file | filename |
|---|---|
| 10-Q - PRINTABLE PDF OF FORM 10-Q - FORD MOTOR CREDIT CO LLC | fmcc0331201610q.pdf |
| EX-15 - EXHIBIT 15 - FORD MOTOR CREDIT CO LLC | fmcc03312016ex15.htm |
| EX-31.1 - EXHIBIT 31.1 - FORD MOTOR CREDIT CO LLC | fmcc03312016ex311.htm |
| EX-31.2 - EXHIBIT 31.2 - FORD MOTOR CREDIT CO LLC | fmcc03312016ex312.htm |
| EX-32.2 - EXHIBIT 32.2 - FORD MOTOR CREDIT CO LLC | fmcc03312016ex322.htm |
| 10-Q - 10-Q - FORD MOTOR CREDIT CO LLC | fmcc0331201610-q.htm |
| EX-32.1 - EXHIBIT 32.1 - FORD MOTOR CREDIT CO LLC | fmcc03312016ex321.htm |
Exhibit 12
FORD MOTOR CREDIT COMPANY LLC AND SUBSIDIARIES
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions)
First Quarter 2016 | ||||
Earnings | ||||
Income before income taxes | $ | 514 | ||
Add/(Deduct): | ||||
Equity in net income of affiliated companies | (7 | ) | ||
Dividends from affiliated companies | — | |||
Fixed charges excluding capitalized interest | 648 | |||
Earnings | $ | 1,155 | ||
Fixed charges | ||||
Interest expense | $ | 646 | ||
Interest portion of rental expense (a) | 2 | |||
Total fixed charges | $ | 648 | ||
Ratios | ||||
Ratio of earnings to fixed charges | 1.8 | |||
__________
(a) | One-third of all rental expense is deemed to be interest. |