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Filing tables
Filing exhibits
- 10-Q Quarterly report
- 10.2 United Launch Alliance Master Agreement
- 12 Computation of Ratio of Earnings to Fixed Charges
- 15 Acknowledgement of Independent Registered Public Accounting Firm
- 31.1 Section 302 CEO Certification
- 31.2 Section 302 CFO Certification
- 32.1 Section 906 CEO Certification
- 32.2 Section 906 CFO Certification
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Exhibit 12
Lockheed Martin Corporation
Computation of Ratio of Earnings to Fixed Charges
For the Six Months Ended June 30, 2005
(In millions, except ratio)
Earnings | ||||
Earnings from continuing operations before income taxes | $ | 1,210 | ||
Interest expense | 184 | |||
Losses (undistributed earnings) of 50% and less than 50% owned companies, net | (8 | ) | ||
Portion of rents representative of an interest factor | 24 | |||
Amortization of debt premium and discount, net | (2 | ) | ||
Adjusted earnings from continuing operations before income taxes | $ | 1,408 | ||
Fixed Charges | ||||
Interest expense | $ | 184 | ||
Portion of rents representative of an interest factor | 24 | |||
Amortization of debt premium and discount, net | (2 | ) | ||
Capitalized interest | — | |||
Total fixed charges | $ | 206 | ||
Ratio of Earnings to Fixed Charges | 6.8 | |||