AMERICAN EXPRESS CREDIT CORP - FORM 10-Q - EX-12.1 - COMPUTATION IN SUPPORT OF RATIO OF EARNINGS TO FIXED CHARGES - May 8, 2012

Attached files

file filename
EX-32.2 - CERTIFICATION OF ANDERSON Y. LEE, C.F.O., PURSUANT TO SECTION 906 - AMERICAN EXPRESS CREDIT CORPd346913dex322.htm
EX-31.2 - CERTIFICATION OF ANDERSON Y. LEE, CHIEF FINANCIAL OFFICER - AMERICAN EXPRESS CREDIT CORPd346913dex312.htm
EX-32.1 - CERTIFICATION OF DAVID L. YOWAN, C.E.O.,PURSUANT TO SECTION 906 - AMERICAN EXPRESS CREDIT CORPd346913dex321.htm
EX-31.1 - CERTIFICATION OF DAVID L. YOWAN, CHIEF EXECUTIVE OFFICER - AMERICAN EXPRESS CREDIT CORPd346913dex311.htm
EXCEL - IDEA: XBRL DOCUMENT - AMERICAN EXPRESS CREDIT CORPFinancial_Report.xls
10-Q - FORM 10-Q - AMERICAN EXPRESS CREDIT CORPd346913d10q.htm
EX-12.2 - COMPUTATION IN SUPPORT OF RATIO OF EARNINGS TO FIXED CHARGES - AMERICAN EXPRESS CREDIT CORPd346913dex122.htm

EXHIBIT 12.1

AMERICAN EXPRESS CREDIT CORPORATION

COMPUTATION IN SUPPORT OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in millions)

 

           

 

 Three Months Ended

March 31, 2012

  

 

   

 

 

 

Years Ended December 31,

 

            2011        2010        2009     

2008

Earnings:

                  

Net income

       $ 90      $ 397      $ 348      $ 362      $         864

Income tax (benefit) provision

         (21 )       (48 )       (24 )       8      132

Interest expense

         188        707        598        629      1,618

 

      

 

 

     

 

 

     

 

 

     

 

 

     

 

Total earnings

       $ 257      $       1,056      $         922      $         999      $      2,614

 

      

 

 

     

 

 

     

 

 

     

 

 

     

 

Fixed charges — Interest expense

       $ 188      $ 707      $ 598      $ 629      $      1,618

 

      

 

 

     

 

 

     

 

 

     

 

 

     

 

Ratio of earnings to fixed charges

         1.37        1.49        1.54        1.59      1.62

 

AMERICAN EXPRESS CREDIT CORP Reports