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 |
H.S. sophomore Avg
|
Filing tables
Filing exhibits
Related press release
EMN similar filings
Filing view
External links
Computation of Ratios of Earnings to Fixed Charges
Second Quarter | First Six Months | |||||||
(Dollars in millions) | 2007 | 2006 | 2007 | 2006 | ||||
Earnings before income taxes and cumulative effect of | ||||||||
changes in accounting principles | $ | 156 | $ | 171 | $ | 276 | $ | 336 |
Add: | ||||||||
Interest expense | 25 | 26 | 53 | 53 | ||||
Appropriate portion of rental expense (1) | 5 | 6 | 10 | 11 | ||||
Amortization of capitalized interest | (5) | 2 | (3) | 5 | ||||
Earnings as adjusted | $ | 181 | $ | 205 | $ | 336 | $ | 405 |
Fixed charges: | ||||||||
Interest expense | $ | 25 | $ | 26 | $ | 53 | $ | 53 |
Appropriate portion of rental expense (1) | 5 | 6 | 10 | 11 | ||||
Capitalized interest | 4 | 1 | 8 | 6 | ||||
Total fixed charges | $ | 34 | $ | 33 | $ | 71 | $ | 70 |
Ratio of earnings to fixed charges | 5.3x | 6.2x | 4.7x | 5.8x | ||||
(1) | For all periods presented, the interest component of rental expense is estimated to equal one-third of such expense. |
50