Attached files

file filename
EX-31.1 - EXHIBIT 31.1 - LOCKHEED MARTIN CORPdex311.htm
EXCEL - IDEA: XBRL DOCUMENT - LOCKHEED MARTIN CORPFinancial_Report.xls
10-Q - FORM 10-Q - LOCKHEED MARTIN CORPd10q.htm
EX-15 - EXHIBIT 15 - LOCKHEED MARTIN CORPdex15.htm
EX-32.1 - EXHIBIT 32.1 - LOCKHEED MARTIN CORPdex321.htm
EX-31.2 - EXHIBIT 31.2 - LOCKHEED MARTIN CORPdex312.htm
EX-32.2 - EXHIBIT 32.2 - LOCKHEED MARTIN CORPdex322.htm

Exhibit 12

Lockheed Martin Corporation

Computation of Ratio of Earnings to Fixed Charges

For the Nine Months Ended September 27, 2009

 

(In millions, except ratio)

      

Earnings

  

Earnings before income taxes

   $ 3,104   

Interest expense

     219   

Losses (undistributed earnings) of 50% and less than 50% owned companies, net

     (69

Portion of rents representative of an interest factor

     34   

Amortization of debt premium and discount, net

     (3
        

Adjusted earnings before income taxes

   $ 3,285   
        

Fixed Charges

  

Interest expense

   $ 219   

Portion of rents representative of an interest factor

     34   

Amortization of debt premium and discount, net

     (3

Capitalized interest

     —     
        

Total fixed charges

   $ 250   
        

Ratio of Earnings to Fixed Charges

     13.1