Exhibit 12
General Dynamics Corporation
Ratio of Earnings to Fixed Charges
(Dollars in Millions)
| 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
Pre-tax Earnings plus Fixed Charges | $ | 4,000 | $ | 3,814 | $ | 738 | $ | 3,888 | $ | 3,961 | ||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest Expense | $ | 103 | $ | 103 | $ | 168 | $ | 155 | $ | 167 | ||||||||||
Interest Element of Rent Expense | $ | 95 | $ | 100 | $ | 97 | $ | 94 | $ | 88 | ||||||||||
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Total Fixed Charges | $ | 198 | $ | 203 | $ | 265 | $ | 249 | $ | 255 | ||||||||||
Ratio of Earnings to Fixed Charges | 20.2 | 18.8 | 2.8 | 15.6 | 15.6 | |||||||||||||||
