Attached files
| file | filename |
|---|---|
| 10-Q - CFSC 2014 2ND QUARTER 10-Q - CATERPILLAR FINANCIAL SERVICES CORP | cfsc-06302014x10q.htm |
| EX-31.1 - EXHIBIT 31.1 - CATERPILLAR FINANCIAL SERVICES CORP | cfsc-06302014x10qxex311.htm |
| EX-31.2 - EXHIBIT 31.2 - CATERPILLAR FINANCIAL SERVICES CORP | cfsc-06302014x10qxex312.htm |
| EX-32 - EXHIBIT 32 - CATERPILLAR FINANCIAL SERVICES CORP | cfsc-06302014x10qxex32.htm |
| 10-Q - PDF COPY OF CFSC 2014 END QUARTER 10-Q - CATERPILLAR FINANCIAL SERVICES CORP | cfsc0630201410q.pdf |
| EXCEL - IDEA: XBRL DOCUMENT - CATERPILLAR FINANCIAL SERVICES CORP | Financial_Report.xls |
EXHIBIT 12
Caterpillar Financial Services Corporation
COMPUTATION OF RATIO OF PROFIT TO FIXED CHARGES
(Unaudited)
(Dollars in Millions)
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||
Profit | $ | 146 | $ | 111 | $ | 282 | $ | 252 | |||||||
Add: | |||||||||||||||
Provision for income taxes | 58 | 44 | 107 | 87 | |||||||||||
Profit before income taxes | $ | 204 | $ | 155 | $ | 389 | $ | 339 | |||||||
Fixed charges: | |||||||||||||||
Interest expense | $ | 155 | $ | 187 | $ | 317 | $ | 378 | |||||||
Rentals at computed interest* | 2 | 2 | 3 | 3 | |||||||||||
Total fixed charges | $ | 157 | $ | 189 | $ | 320 | $ | 381 | |||||||
Profit before income taxes plus fixed charges | $ | 361 | $ | 344 | $ | 709 | $ | 720 | |||||||
Ratio of profit before income taxes plus fixed charges to fixed charges | 2.30 | 1.82 | 2.22 | 1.89 | |||||||||||
*Those portions of rent expense that are representative of interest cost.