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Content analysis
?| Positive | ||
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8th grade Avg
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New words:
appellate, court, domestic, enhanced, federal, gain, mix, outcome, remote, reversed, unanimously
Removed:
export, growth, month, slightly
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EXHIBIT 12(a)
PACCAR Inc
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
PURSUANT TO SEC REPORTING REQUIREMENTS
(Millions of Dollars)
Six Months Ended June 30 | 2011 | 2010 | ||||||
FIXED CHARGES | ||||||||
Interest expense | $ | 90.2 | $ | 108.4 | ||||
Portion of rentals deemed interest | 2.7 | 7.2 | ||||||
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TOTAL FIXED CHARGES | $ | 92.9 | $ | 115.6 | ||||
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EARNINGS | ||||||||
Income before taxes | $ | 639.5 | $ | 244.6 | ||||
Fixed charges | 92.9 | 115.6 | ||||||
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EARNINGS AS DEFINED | $ | 732.4 | $ | 360.2 | ||||
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RATIO OF EARNINGS TO FIXED CHARGES | 7.88X | 3.12X | ||||||
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