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 Good
|
New words:
accurately, actuarial, Additionally, aided, alleged, announced, AOCL, APB, assembly, assertion, assistance, Australia, automatic, avoid, bargaining, bodily, branch, burdened, called, campaign, capability, CARB, Case, casualty, cautionary, CCEC, cease, chain, challenge, challenging, chosen, CIS, cleanup, climate, closure, collapse, collecting, collective, comfortable, Commonwealth, compete, complicated, comply, confirm, conserve, contaminated, contamination, convert, culture, customarily, DCEC, dealing, death, decide, decided, deconsolidated, deconsolidation, defective, defense, delay, delaying, deliver, delivery, devaluation, difficulty, diminish, diminished, discretionary, disruption, distressed, divert, Dodge, domiciled, downsizing, drew, duration, earn, efficiently, effort, employed, enacted, encounter, enforcing, enrolled, environment, EPA, exceedingly, exclusively, expire, expiring, export, exposed, expressly, extension, extensive, extreme, fact, falling, FAS, final, floating, forego, formal, formally, formation, freight, Freightliner, functional, grantor, guidance, health, healthcare, Holland, hourly, imposed, imposing, imposition, impossible, inability, inclusive, increasingly, ineffective, influx, intent, intercompany, introduction, involuntarily, Japan, lack, landfill, leaseback, lending, length, lessor, licensing, located, location, lose, manner, mezzanine, mirror, mitigate, monthly, moved, multinational, multiple, navigate, negotiated, noise, noncash, notional, obtain, obtaining, option, outsource, outsourcing, parent, passing, payroll, personnel, pickup, presence, preserve, pretax, prevent, procure, produce, produced, professional, prompt, quality, quantity, rainfall, Ram, raw, recession, refinance, refused, regional, regular, relationship, release, remeasurement, remit, renewal, rent, reorganized, repayment, repeated, reputational, requested, resolution, resolved, restructuring, retained, retrospectively, Russia, satisfaction, scaling, seek, separate, separately, separation, sharply, solicit, solid, Southern, Soviet, specific, specification, speculative, speed, sport, spread, stability, staffing, statutory, stoppage, storage, strategic, stringent, strive, successful, successfully, sum, supply, suspected, suspend, suspended, targeted, TCL, temporarily, terrorism, tightened, tightening, tighter, timetable, transportation, treatment, twelve, ultimate, ultimately, unanticipated, unchanged, unconsolidated, understand, undesignated, union, unionized, unrecoverable, unrest, unsuccessful, unwilling, user, vertical, violation, voluntarily, vulnerable, war, water, weak, weakened, weather, widespread, withholding
Removed:
accelerating, active, AG, apply, approach, bank, banking, BBB, began, Brazil, bus, category, citing, classify, CNH, corroborated, covering, Deferral, deny, diversification, Euro, evaluating, expansion, flat, frequency, grew, hierarchy, highest, identical, immaterial, impacting, improvement, intangible, judge, largest, leader, listed, lowest, marketplace, maximize, observability, observable, organic, Partial, past, point, portfolio, priority, proceeding, pronouncement, prospectively, readily, realization, remained, removed, restated, restatement, restricted, retroactive, revised, Scania, Silencer, simplified, slight, slightly, substantially, supported, technique, traded, trend, unaccrued, unadjusted, underlying, Universal, unobservable, upgraded, utilize, vary, weaker
Filing tables
Filing exhibits
Related press release
CMI similar filings
Filing view
External links
EXHIBIT 12
CUMMINS INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
|
| Three months ended |
| ||||
|
| March 29, |
| March 30, |
| ||
In millions |
| 2009 |
| 2008 |
| ||
Earnings | |||||||
Earnings before income taxes | $ | 21 | $ | 304 | |||
Add: | |||||||
Fixed charges | 20 | 25 | |||||
Amortization of capitalized interest | 1 | 1 | |||||
Distributed income of equity investees | 80 | 15 | |||||
Less: | |||||||
Equity in earnings of investees | 30 | 62 | |||||
Capitalized interest | 2 | 2 | |||||
Earnings before fixed charges | $ | 90 | $ | 281 | |||
Fixed charges | |||||||
Interest expense | $ | 7 | $ | 11 | |||
Capitalized interest | 2 | 2 | |||||
Amortization of debt discount | 1 | 2 | |||||
Interest portion of rental expense(1) | 10 | 10 | |||||
Total fixed charges | $ | 20 | $ | 25 | |||
Ratio of earnings to fixed charges | 4.5 | 11.2 | |||||
(1) Amounts represent those portions of rent expense that are reasonable approximations of interest costs. |