Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
New words:
adhered, Aerostat, airside, Alaska, Antitrust, astronomy, ASW, ATC, avoided, Barco, bringing, cancer, cap, Caribbean, cease, ceiling, Celestech, ceramic, cleanup, comment, depict, Disruptor, dissolution, downgrade, downturn, dredging, ENVG, EVO, Fitch, flank, forgoing, fractional, Growler, HATFA, heightened, Highway, Hubble, IDECM, incurrence, intuitive, ISS, issuable, Jagwire, lacked, lieu, macroeconomic, magnitude, maritime, mile, miniaturization, Moody, Orthogon, Passaic, passive, prepayment, promised, promote, redirection, retrospective, retrospectively, revolutionary, river, robotic, RRS, run, scientific, shipboard, simplified, SpearNet, SRx, submarine, subsidiary, Telescope, timetable, tomorrow, unmatched, USS, waiting, wearable
Removed:
accruing, ad, AFB, Afghan, Afghanistan, Africa, airfield, amortizing, ANSF, appointment, Arifjan, Armed, Asia, Assignment, Augmentation, bearing, behavior, beneficially, binomial, borrowed, Bridge, Camp, Capitalizing, central, choice, chosen, civilian, Commander, construction, convene, conversion, dedicated, deduction, denominated, Deputy, DynCorp, exist, expectancy, extension, failed, Fluor, Fort, fulfill, generating, Germany, Heidelberg, hoc, Hunzeker, hypothetical, identifiable, inaccuracy, informal, installed, institutional, invest, Iraq, Kaiserslautern, KBR, Kenneth, Kuwait, lattice, LOGCAP, MANET, Marine, marketable, Maxwell, mechanism, mentioned, mitigating, multiemployer, necessarily, networking, nonpayment, Northern, novate, novated, obligor, occupied, occupying, occurred, offsetting, outsourced, page, paper, parent, participated, pensionable, placement, prepared, Preposition, prescribed, ranging, Ratification, reciprocal, reflection, reflective, repaid, repeat, respond, revalued, RF, SAIC, satisfaction, ship, slightly, southern, Southwest, sponsor, sponsorship, SRW, standalone, staying, stop, TACSWACAA, tactically, terminal, transferred, troop, TSE, unitary, upgrade, violation, Virginia, voiding, warfighter, waveform, welfare
Filing tables
Filing exhibits
Related press release
XLS similar filings
Filing view
External links
EXHIBIT 12
EXELIS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31, | ||||||||||||||||||
(IN MILLIONS, EXCEPT RATIO) | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||
Earnings | ||||||||||||||||||
Income from continuing operations before income tax expense | $ | 365 | $ | 288 | $ | 392 | $ | 432 | $ | 651 | ||||||||
Add Fixed Charges | ||||||||||||||||||
Interest expense | 37 | 37 | 37 | 10 | 0 | |||||||||||||
Interest component of rental expense (a) | 13 | 13 | 14 | 13 | 12 | |||||||||||||
Total earnings available for fixed charges | $ | 415 | $ | 338 | $ | 443 | $ | 455 | $ | 663 | ||||||||
Total Fixed Charges | $ | 50 | $ | 50 | $ | 51 | $ | 23 | $ | 12 | ||||||||
Ratio of earnings to fixed charges | 8.3 | 6.8 | 8.7 | 19.8 | 55.3 |
(a) | Represents the portion of operating leases which management believes is a reasonable representation of an interest factor. |