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DELTA AIR LINES, INC.
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(IN MILLIONS, EXCEPT RATIOS)
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Three Months Three Months
Ended Ended
September 30 September 30
2000 1999
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Earnings:
Earnings before income taxes $ 392 $ 569
Add (deduct):
Fixed charges from below 262 202
Interest capitalized (12) (13)
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Earnings as adjusted $ 642 $ 758
Fixed charges:
Interest expense $ 105 $ 66
Portion of rental expense representative of the
interest factor 157 136
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Total fixed charges $ 262 $ 202
Ratio of earnings to fixed charges 2.45 3.75