Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - EASTMAN CHEMICAL CO | Financial_Report.xls |
| EX-32.02 - SECTION 1350 CERTIFICATION BY CURTIS E. ESPELAND - EASTMAN CHEMICAL CO | emn20150331-ex3202.htm |
| EX-10.01 - EXHIBIT 10.01 - EASTMAN CHEMICAL CO | emn20150331-ex1001.htm |
| EX-31.01 - RULE 13A 14(A) CERTIFICATION BY MARK J. COSTA - EASTMAN CHEMICAL CO | emn20150331-ex3101.htm |
| EX-32.01 - SECTION 1350 CERTIFICATION BY MARK J. COSTA - EASTMAN CHEMICAL CO | emn20150331-ex3201.htm |
| EX-31.02 - RULE 13A 14(A) CERTIFICATION BY CURTIS E. ESPELAND - EASTMAN CHEMICAL CO | emn20150331-ex3102.htm |
| EX-99.01 - PROFORMA FINANCIAL INFORMATION - EASTMAN CHEMICAL CO | exhibit9901unauditedprofor.htm |
| 10-Q - FIRST QUARTER 2015 EASTMAN CHEMICAL COMPANY 10-Q - EASTMAN CHEMICAL CO | emn2015033110qq1.htm |
Exhibit 12.01
EASTMAN CHEMICAL COMPANY AND SUBSIDIARIES
Computation of Ratios of Earnings to Fixed Charges
First Quarter | ||||||
(Dollars in millions) | 2015 | 2014 | ||||
Earnings before income taxes excluding noncontrolling interest | $ | 255 | $ | 321 | ||
Add: | ||||||
Interest expense | 70 | 45 | ||||
Appropriate portion of rental expense (1) | 7 | 5 | ||||
Amortization of capitalized interest | 1 | 2 | ||||
Earnings as adjusted | $ | 333 | $ | 373 | ||
Fixed charges: | ||||||
Interest expense | $ | 70 | $ | 45 | ||
Appropriate portion of rental expense (1) | 7 | 5 | ||||
Capitalized interest | 2 | 2 | ||||
Total fixed charges | $ | 79 | $ | 52 | ||
Ratio of earnings to fixed charges | 4.2x | 7.2x | ||||
(1) | For all periods presented, the interest component of rental expense is estimated to equal one-third of such expense. |
77