Exelis (XLS) Inactive 10-Q2012 Q3 Quarterly report

Filed: 2 Nov 12, 12:00am

Content analysis

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

New words: area, budgetary, cabinet, CBA, discretionary, enacted, entitlement, failed, formula, fundamental, low, OCO, prevail, prevent, resolution, serve, temporarily, top, trillion, yearlong

Removed: agent, complex, office, original

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Related press release

XLS similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

EXHIBIT 12

EXELIS INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES


	Nine Months Ended September 30,		Year Ended December 31,
(IN MILLIONS, EXCEPT RATIO)	2012		2011		2010		2009		2008		2007
Earnings
Income from continuing operations before income tax expense	$	394	$	537	$	696	$	700	$	657	$	438
Add Fixed Charges
Interest expense		29		10		—		1		2		—
Interest component of rental expense^(a)		12		15		14		14		13		8
Total earnings available for fixed charges	$	435	$	562	$	710	$	715	$	672	$	446
Total Fixed Charges	$	41	$	25	$	14	$	15	$	15	$	8
Ratio of earnings to fixed charges		10.6		22.5		50.7		47.7		44.8		55.8

(a)	Represents the portion of operating leases which management believes is a reasonable representation of an interest factor.

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.