Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - Xylem Inc. | Financial_Report.xls |
| EX-21.0 - SUBSIDIARIES OF THE REGISTRANT - Xylem Inc. | xyl12312014ex21.htm |
| EX-10.1 - FORM OF 2011 OMNIBUS PLAN NON-QUALIFIED STOCK OPTION AWARD AGREEMENT - 2015 - Xylem Inc. | xyl12312014ex101.htm |
| EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - Xylem Inc. | xyl12312014ex231.htm |
| EX-32.1 - CERTIFICATION OF CEO PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACTOF 2002 - Xylem Inc. | xyl12312014ex321.htm |
| EX-31.1 - CERTIFICATION OF CEO PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 - Xylem Inc. | xyl12312014ex311.htm |
| EX-31.2 - CERTIFICATION OF CFO PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 - Xylem Inc. | xyl12312014ex312.htm |
| 10-K - 10-K - Xylem Inc. | xyl1231201410k.htm |
| EX-32.2 - CERTIFICATION OF CFO PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 - Xylem Inc. | xyl12312014ex322.htm |
EXHIBIT 12
Ratio of Earnings to Fixed Charges
Years Ended December 31, | |||||||||||||||||||
(In Millions Except Ratios) | 2014 | 2013 | 2012 | 2011(a) | 2010(a) | ||||||||||||||
Fixed Charges: | |||||||||||||||||||
Interest Expense, Including Amortization of Deferred Finance Fees | $ | 54 | $ | 55 | $ | 55 | $ | 17 | $ | — | |||||||||
Interest Portion of Rental Expense (b) | 24 | 25 | 24 | 21 | 18 | ||||||||||||||
Total Fixed Charges | 78 | 80 | 79 | 38 | 18 | ||||||||||||||
Earnings Before Income Taxes, Discontinued Operations and Fixed Charges: | |||||||||||||||||||
Pre-tax income (before income or loss from equity investees) | 421 | 298 | 388 | 379 | 387 | ||||||||||||||
Fixed Charges | 78 | 80 | 79 | 38 | 18 | ||||||||||||||
Total Earnings Available For Fixed Charges | $ | 499 | $ | 378 | $ | 467 | $ | 417 | $ | 405 | |||||||||
Ratio of Earnings to Fixed Charges: | 6.4 | 4.7 | 5.9 | 10.9 | 22.7 | ||||||||||||||
(a) | For all comparative periods presented above, these periods are prior to the Spin-off from ITT and the issuance of $1.2 billion aggregate principal amount of senior notes which were issued in September 2011. Interest on the Senior Notes accrues from September 20, 2011. |
(b) | Calculated as 33% of rent expense, which is a reasonable approximation of the interest factor. |