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Exhibit 12.1
DELPHI AUTOMOTIVE PLC
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year ended December 31, | |||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
(dollars in millions) | |||||||||||||||||||
Income from continuing operations before income taxes and equity income | $ | 1,425 | $ | 1,508 | $ | 1,615 | $ | 1,466 | $ | 1,259 | |||||||||
Cash dividends received from non-consolidated affiliates and other | (65 | ) | (56 | ) | (60 | ) | (38 | ) | 57 | ||||||||||
Portion of rentals deemed to be interest | 32 | 34 | 38 | 36 | 33 | ||||||||||||||
Interest and related charges on debt | 229 | 185 | 169 | 182 | 137 | ||||||||||||||
Earnings available for fixed charges | $ | 1,621 | $ | 1,671 | $ | 1,762 | $ | 1,646 | $ | 1,486 | |||||||||
Fixed charges: | |||||||||||||||||||
Portion of rentals deemed to be interest | $ | 32 | $ | 34 | $ | 38 | $ | 36 | $ | 33 | |||||||||
Interest and related charges on debt | 229 | 185 | 169 | 182 | 137 | ||||||||||||||
Total fixed charges | $ | 261 | $ | 219 | $ | 207 | $ | 218 | $ | 170 | |||||||||
Ratio of earnings to fixed charges | 6.2 | 7.6 | 8.5 | 7.6 | 8.7 |