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EXCEL - IDEA: XBRL DOCUMENT - PACCAR INCFinancial_Report.xls
EX-32 - EX-32 - PACCAR INCd729503dex32.htm
EX-31.A - EX-31.A - PACCAR INCd729503dex31a.htm
EX-31.B - EX-31.B - PACCAR INCd729503dex31b.htm
10-Q - 10-Q - PACCAR INCd729503d10q.htm

EXHIBIT 12(a)

PACCAR Inc

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

PURSUANT TO SEC REPORTING REQUIREMENTS

(Millions of Dollars)

 

Six Months Ended June 30   

   2014      2013  

FIXED CHARGES

     

Interest expense

   $ 68.8       $ 79.3   

Portion of rentals deemed interest

     3.1         2.5   
  

 

 

    

 

 

 

TOTAL FIXED CHARGES

   $ 71.9       $ 81.8   
  

 

 

    

 

 

 

EARNINGS

     

Income before taxes

   $ 887.5       $ 770.1   

Fixed charges

     73.1         78.7   
  

 

 

    

 

 

 

EARNINGS AS DEFINED

   $ 960.6       $ 848.8   
  

 

 

    

 

 

 

RATIO OF EARNINGS TO FIXED CHARGES

     13.36X         10.38X