Exelis (XLS) 10-Q 2013 Q3 Quarterly report

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)	2013		2012		2011		2010		2009		2008
Earnings
Income from continuing operations before income tax expense	$	304	$	521	$	537	$	696	$	700	$	657
Add Fixed Charges
Interest expense	28		38		10		—		1		2
Interest component of rental expense (a)	12		16		15		14		14		13
Total earnings available for fixed charges	$	344	$	575	$	562	$	710	$	715	$	672
Total Fixed Charges	$	40	$	54	$	25	$	14	$	15	$	15
Ratio of earnings to fixed charges	8.6		10.6		22.5		50.7		47.7		44.8

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