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Content analysis
?Positive | ||
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Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
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New words:
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Removed:
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Exhibit 12
Motorola, Inc. and Subsidiaries
Computation of Fixed Charges Ratio
Computation of Fixed Charges Ratio
Years Ended December 31, | ||||||||||||||||||||
(In Millions) | 2008 | 2007 | 2006 | 2005 | 2004 | |||||||||||||||
Pretax income (loss)(1) | $ | (2,644 | ) | $ | (384 | ) | $ | 4,605 | $ | 6,402 | $ | 3,083 | ||||||||
Capitalized interest | — | — | — | — | — | |||||||||||||||
Fixed charges (as calculated below) | 287 | 439 | 411 | 407 | 449 | |||||||||||||||
Earnings(2) | $ | (2,357 | ) | $ | 55 | $ | 5,016 | $ | 6,809 | $ | 3,532 | |||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | $ | 227 | $ | 362 | $ | 330 | $ | 324 | $ | 381 | ||||||||||
Rent expense interest factor | 60 | 77 | 80 | 83 | 68 | |||||||||||||||
Total fixed charges(2) | $ | 287 | $ | 439 | $ | 411 | $ | 407 | $ | 449 | ||||||||||
Ratio of earnings to fixed charges | 0.0 | (3) | 0.1 | 12.2 | 16.7 | 7.9 | ||||||||||||||
Notes | ||
(1)-After adjustments required by Item 503 (d) of SEC Regulation S-K. | ||
(2)-As defined in Item 503 (d) of SEC Regulation S-K. | ||
(3)-Earnings were inadequate to cover fixed charges for the year ended December 31, 2008 by $2.6 billion |