Exhibit 12.1
DELPHI AUTOMOTIVE PLC
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Nine Months Ended September 30, | Year ended December 31, | |||||||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||||||
(dollars in millions) | ||||||||||||||||||||||||
Income from continuing operations before income taxes and equity income | $ | 1,229 | $ | 1,615 | $ | 1,466 | $ | 1,259 | $ | 1,351 | $ | 859 | ||||||||||||
Cash dividends received from non-consolidated affiliates and other | (29 | ) | (60 | ) | (38 | ) | 57 | (24 | ) | (3 | ) | |||||||||||||
Portion of rentals deemed to be interest | 25 | 38 | 36 | 33 | 31 | 32 | ||||||||||||||||||
Interest and related charges on debt | 144 | 169 | 182 | 137 | 139 | 38 | ||||||||||||||||||
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Earnings available for fixed charges | $ | 1,369 | $ | 1,762 | $ | 1,646 | $ | 1,486 | $ | 1,497 | $ | 926 | ||||||||||||
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Fixed charges: | ||||||||||||||||||||||||
Portion of rentals deemed to be interest | $ | 25 | $ | 38 | $ | 36 | $ | 33 | $ | 31 | $ | 32 | ||||||||||||
Interest and related charges on debt | 144 | 169 | 182 | 137 | 139 | 38 | ||||||||||||||||||
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Total fixed charges | $ | 169 | $ | 207 | $ | 218 | $ | 170 | $ | 170 | $ | 70 | ||||||||||||
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Ratio of earnings to fixed charges | 8.1 | 8.5 | 7.6 | 8.7 | 8.8 | 13.2 |