Attached files

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EX-32.2 - EXHIBIT 32.2 - Aon plca322certificationofcfoq320.htm
EX-32.1 - EXHIBIT 32.1 - Aon plca321certificationofceoq320.htm
EX-31.2 - EXHIBIT 31.2 - Aon plca312certificationofcfoq320.htm
EXCEL - IDEA: XBRL DOCUMENT - Aon plcFinancial_Report.xls
10-Q - 10-Q - Aon plcq32014aonplc10-q.htm
EX-31.1 - EXHIBIT 31.1 - Aon plca311certificationofceoq320.htm


Exhibit 12.1
Aon plc and Consolidated Subsidiaries
Combined With Unconsolidated Subsidiaries
Computation of Ratio of Earnings to Fixed Charges

 
 
Nine Months Ended September 30,
 
Years Ended December 31,
(millions except ratio)
 
2014
 
2013
 
2013
 
2012
 
2011
 
2010
Income from continuing operations before income taxes and noncontrolling interests (1)
 
$
1,184

 
$
1,063

 
1,538

 
$
1,380

 
$
1,388

 
$
1,059

Less: Equity in earnings on less than 50% owned entities
 
10

 
12

 
20

 
13

 
7

 
10

Add back fixed charges:
 
 
 
 
 
 
 
 
 
 
 
 
     Interest on indebtedness
 
188

 
153

 
210

 
228

 
245

 
182

     Interest on uncertain tax positions
 
1

 

 
5

 
5

 

 
(1
)
     Portion of rents representative of interest factor
 
39

 
36

 
52

 
42

 
55

 
48

          Income as adjusted
 
$
1,402

 
$
1,240

 
$
1,785

 
$
1,642

 
$
1,681

 
$
1,278

Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
 
     Interest on indebtedness
 
$
188

 
$
153

 
$
210

 
$
228

 
$
245

 
$
182

     Interest on uncertain tax positions
 
1

 

 
5

 
5

 

 
(1
)
     Portion of rents representative of interest factor
 
39

 
36

 
52

 
42

 
55

 
48

          Total fixed charges
 
$
228

 
$
189

 
$
267

 
$
275

 
$
300

 
$
229

Ratio of earnings to fixed charges
 
6.1

 
6.6

 
6.7

 
6.0

 
5.6


5.6


(1) For the years ended December 31, 2012, and 2011 amounts related to discontinued operations have been included in Other income to conform to amounts included in the Consolidated Financial Statements. These amounts in the years ended December 31, 2012 and 2011, which were historically included in Income (loss) from discontinued operations, have been reclassified to conform with current presentation. The amounts reclassified were $1 million loss and $4 million income for the years ended December 31, 2012 and 2011, respectively, from Income (loss) from discontinued operations to Other income. For the year ended December 31, 2010, amounts related to discontinued operations remain in Income (loss) from discontinued operations as they are more meaningful to the presentation of continuing operations in that year.