United Parcel Service (UPS) 10-Q2013 Q3 Quarterly report

Filed: 5 Nov 13, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: advertising, began, building, commerce, Costa, de, eleven, embassy, extra, fewer, Finland, Helsinki, identified, inadvertent, inadvertently, incident, ink, intercepted, Iranian, Magistrate, OFAC, Pak, Poland, prejudice, printer, ran, recommended, Rica, SEISA, subdivided, Sweden, voluntary

Removed: begin, run, sale

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Related press release

UPS similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

Exhibit 12

United Parcel Service, Inc. and Subsidiaries

Ratio of Earnings to Fixed Charges

(dollar amounts in millions)




	Nine Months Ended September 30,		Year Ended December 31,
	2013		2012		2011		2010		2009		2008
Earnings:
Income before income taxes	$	4,850	$	974	$	5,776	$	5,290	$	3,073	$	1,252
Add: Interest expense	286		393		348		354		445		442
Add: Interest factor in rental expense	133		206		210		205		207		278
Total earnings	$	5,269	$	1,573	$	6,334	$	5,849	$	3,725	$	1,972

Fixed charges:
Interest expense	$	286	$	393	$	348	$	354	$	445	$	442
Interest capitalized	11		18		17		18		37		48
Interest factor in rental expense	133		206		210		205		207		278
Total fixed charges	$	430	$	617	$	575	$	577	$	689	$	768

Ratio of earnings to fixed charges	12.3		2.5		11.0		10.1		5.4		2.6

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.