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Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
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Exhibit 12.2
Aon Corporation and Consolidated Subsidiaries
Combined With Unconsolidated Subsidiaries
Computation of Ratio of Earnings to Combined Fixed Charges
and Preferred Stock Dividends
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| Three Months Ended |
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| March 31, |
| Years Ended December 31, |
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(millions except ratios) |
| 2010 |
| 2009 |
| 2009 |
| 2008 |
| 2007 |
| 2006 |
| 2005 |
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Income from continuing operations before provision for income taxes and noncontrolling interests |
| $ | 247 |
| $ | 343 |
| $ | 949 |
| $ | 879 |
| $ | 1,023 |
| $ | 738 |
| $ | 567 |
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Less: Earnings from unconsolidated entities under the equity method of accounting |
| 4 |
| — |
| 11 |
| 5 |
| 6 |
| 5 |
| 7 |
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Add back fixed charges: |
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Interest on indebtedness |
| 34 |
| 29 |
| 122 |
| 126 |
| 138 |
| 129 |
| 125 |
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Interest on uncertain tax positions |
| — |
| — |
| 2 |
| — |
| 2 |
| — |
| — |
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Portion of rents representative of interest factor |
| 11 |
| 9 |
| 48 |
| 47 |
| 75 |
| 79 |
| 71 |
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Income as adjusted |
| $ | 288 |
| $ | 381 |
| $ | 1,110 |
| $ | 1,047 |
| $ | 1,232 |
| $ | 941 |
| $ | 756 |
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Fixed charges and preferred stock dividends: |
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Interest on indebtedness |
| $ | 34 |
| $ | 29 |
| $ | 122 |
| $ | 126 |
| $ | 138 |
| $ | 129 |
| $ | 125 |
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Interest on uncertain tax positions |
| — |
| — |
| 2 |
| — |
| 2 |
| — |
| — |
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Preferred stock dividends |
| — |
| — |
| — |
| — |
| — |
| — |
| 3 |
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Interest and dividends |
| 34 |
| 29 |
| 124 |
| 126 |
| 140 |
| 129 |
| 128 |
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Portion of rents representative of interest factor |
| 11 |
| 9 |
| 48 |
| 47 |
| 75 |
| 79 |
| 71 |
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Total fixed charges and preferred stock dividends |
| $ | 45 |
| $ | 38 |
| $ | 172 |
| $ | 173 |
| $ | 215 |
| $ | 208 |
| $ | 199 |
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Ratio of earnings to combined fixed charges and preferred stock dividends |
| 6.4 |
| 10.0 |
| 6.5 |
| 6.1 |
| 5.7 |
| 4.5 |
| 3.8 |
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