Attached files
file | filename |
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10-Q - GECC 10-Q 09-30-2010 - GENERAL ELECTRIC CAPITAL CORP | gecc10q09302010.htm |
EX-32 - EXHIBIT 32 09-30-2010 - GENERAL ELECTRIC CAPITAL CORP | exhibit3209302010.htm |
EX-31.A - EXHIBIT 31(A) 09-30-2010 - GENERAL ELECTRIC CAPITAL CORP | exhibit31a09302010.htm |
EX-31.B - EXHIBIT31(B) 09-30-2010 - GENERAL ELECTRIC CAPITAL CORP | exhibit31b09302010.htm |
EX-99.A - EXHIBIT 99(A) 09-30-2010 - GENERAL ELECTRIC CAPITAL CORP | exhibit99a09302010.htm |
Exhibit 12
General Electric Capital Corporation and consolidated affiliates
Computation of Ratio of Earnings to Fixed Charges
Nine months ended September 30, 2010
(Unaudited)
Ratio of
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earnings to
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fixed charges
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(Dollars in millions)
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Earnings(a)
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$
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1,378
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Plus:
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Interest included in expense(b)
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11,574
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One-third of rental expense(c)
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167
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Adjusted “earnings”
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$
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13,119
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Fixed charges:
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Interest included in expense(b)
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$
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11,574
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Interest capitalized
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30
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One-third of rental expense(c)
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167
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Total fixed charges
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$
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11,771
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Ratio of earnings to fixed charges
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1.11
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(a)
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Earnings before income taxes, noncontrolling interests, discontinued operations and undistributed earnings of equity investees.
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(b)
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Included interest on tax deficiencies.
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(c)
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Considered to be representative of interest factor in rental expense.
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