Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - Exelis Inc. | d354403d10q.htm |
| EX-31.1 - CERTIFICATION PURSUANT TO SEC. 302 OF THE SARBANES-OXLEY ACT - Exelis Inc. | d354403dex311.htm |
| EX-32.1 - CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT - Exelis Inc. | d354403dex321.htm |
| EX-32.2 - CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT - Exelis Inc. | d354403dex322.htm |
| EX-31.1 - CERTIFICATION PURSUANT TO SEC. 302 OF THE SARBANES-OXLEY ACT - Exelis Inc. | d354403dex3111.htm |
EXHIBIT 12
EXELIS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| Six Months Ended June 30, |
Year Ended December 31, | |||||||||||||||||||||||
| (IN MILLIONS, EXCEPT RATIO) | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
| Earnings |
||||||||||||||||||||||||
| Income from continuing operations before income tax expense |
$ | 256 | $ | 537 | $ | 696 | $ | 700 | $ | 657 | $ | 438 | ||||||||||||
| Add Fixed Charges |
||||||||||||||||||||||||
| Interest expense |
20 | 10 | — | 1 | 2 | — | ||||||||||||||||||
| Interest component of rental expense (a) |
8 | 15 | 14 | 14 | 13 | 8 | ||||||||||||||||||
| Total earnings available for fixed charges |
$ | 284 | $ | 562 | $ | 710 | $ | 715 | $ | 672 | $ | 446 | ||||||||||||
| Total Fixed Charges |
$ | 28 | $ | 25 | $ | 14 | $ | 15 | $ | 15 | $ | 8 | ||||||||||||
| Ratio of earnings to fixed charges |
10.1 | 22.5 | 50.7 | 47.7 | 44.8 | 55.8 | ||||||||||||||||||
| (a) | Represents the portion of operating leases which management believes is a reasonable representation of an interest factor. |