Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - PRAXAIR INC | Financial_Report.xls |
| EX-31.02 - RULE 13A-14(A) CERTIFICATION - PRAXAIR INC | dex3102.htm |
| EX-32.01 - SECTION 1350 CERTIFICATION - PRAXAIR INC | dex3201.htm |
| EX-32.02 - SECTION 1350 CERTIFICATION - PRAXAIR INC | dex3202.htm |
| EX-31.01 - RULE 13A-14(A) CERTIFICATION - PRAXAIR INC | dex3101.htm |
| 10-Q - FORM 10-Q - PRAXAIR INC | d10q.htm |
Exhibit 12.01
RATIO OF EARNINGS TO FIXED CHARGES
Praxair, Inc. and Subsidiaries
| Quarter Ended March 31, |
Year Ended December 31, | |||||||||||||||||||||||
| (Dollar amounts in millions, except ratios) |
2010 | 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||
| Pre-tax income from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries or income or loss from equity investees |
$ | 447 | $ | 1,442 | $ | 1,685 | $ | 1,613 | $ | 1,364 | $ | 1,130 | ||||||||||||
| Capitalized interest |
(14 | ) | (55 | ) | (44 | ) | (35 | ) | (21 | ) | (11 | ) | ||||||||||||
| Depreciation of capitalized interest |
4 | 17 | 17 | 15 | 14 | 14 | ||||||||||||||||||
| Dividends from less than 50%-owned companies carried at equity |
1 | 11 | 24 | 8 | 9 | 17 | ||||||||||||||||||
| Adjusted pre-tax income from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries or income or loss from equity investees |
$ | 438 | $ | 1,415 | $ | 1,682 | $ | 1,601 | $ | 1,366 | $ | 1,150 | ||||||||||||
| Fixed charges |
||||||||||||||||||||||||
| Interest on long-term and short-term debt |
$ | 32 | $ | 133 | $ | 198 | $ | 173 | $ | 155 | $ | 163 | ||||||||||||
| Capitalized interest |
14 | 55 | 44 | 35 | 21 | 11 | ||||||||||||||||||
| Rental expenses representative of an interest factor |
9 | 37 | 37 | 34 | 32 | 32 | ||||||||||||||||||
| Total fixed charges |
$ | 55 | $ | 225 | $ | 279 | $ | 242 | $ | 208 | $ | 206 | ||||||||||||
| Adjusted pre-tax income from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries or income or loss from equity investees plus total fixed charges |
$ | 493 | $ | 1,640 | $ | 1,961 | $ | 1,843 | $ | 1,574 | $ | 1,356 | ||||||||||||
| RATIO OF EARNINGS TO FIXED CHARGES |
9.0 | 7.3 | 7.0 | 7.6 | 7.6 | 6.6 | ||||||||||||||||||