Attached files
file | filename |
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10-Q - 10-Q - ASHLAND LLC | a6302014ash10q.htm |
EX-10.1 - FOURTH AMENDMENT TO TRANSFER AND ADMINISTRATION AGREEMENT - ASHLAND LLC | a6302014exhibit101.htm |
EX-10.2 - FIRST AMENDMENT TO SALE AGREEMENT - ASHLAND LLC | a6302014exhibit102.htm |
EX-31.1 - CERTIFICATION OF JAMES J. O'BRIEN - ASHLAND LLC | a6302014exhibit311.htm |
EX-31.2 - CERTIFICATION OF J. KEVIN WILLIS - ASHLAND LLC | a6302014exhibit312.htm |
EX-32 - CERTIFICATION OF JAMES J. O'BRIEN AND J. KEVIN WILLIS - ASHLAND LLC | a6302014exhibit32.htm |
10-Q - PDF VERSION - ASHLAND LLC | june201410qfinal.pdf |
EXCEL - IDEA: XBRL DOCUMENT - ASHLAND LLC | Financial_Report.xls |
EXHIBIT 12 | ||||||||||||||
ASHLAND INC. | ||||||||||||||
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES | ||||||||||||||
(In millions) | ||||||||||||||
Nine months ended | ||||||||||||||
June 30 | ||||||||||||||
2014 | 2013 | |||||||||||||
EARNINGS | ||||||||||||||
Income from continuing operations | $ | 98 | $ | 218 | ||||||||||
Income tax expense | 3 | 55 | ||||||||||||
Interest expense | 112 | 169 | ||||||||||||
Interest portion of rental expense | 20 | 21 | ||||||||||||
Amortization of deferred debt expense | 11 | 62 | ||||||||||||
Distributions less than earnings of unconsolidated affiliates | (15 | ) | (13 | ) | ||||||||||
$ | 229 | $ | 512 | |||||||||||
FIXED CHARGES | ||||||||||||||
Interest expense | $ | 112 | $ | 169 | ||||||||||
Interest portion of rental expense | 20 | 21 | ||||||||||||
Amortization of deferred debt expense | 11 | 62 | ||||||||||||
Capitalized interest | 1 | 1 | ||||||||||||
$ | 144 | $ | 253 | |||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 1.59 | 2.02 | ||||||||||||