Attached files
| file | filename |
|---|---|
| EX-32 - EX-32 - L 3 COMMUNICATIONS HOLDINGS INC | d82815dex32.htm |
| 10-Q - FORM 10-Q - L 3 COMMUNICATIONS HOLDINGS INC | d82815d10q.htm |
| EX-31.2 - EX-31.2 - L 3 COMMUNICATIONS HOLDINGS INC | d82815dex312.htm |
| EX-31.1 - EX-31.1 - L 3 COMMUNICATIONS HOLDINGS INC | d82815dex311.htm |
Exhibit 12
L-3 Communications Holdings, Inc.
and L-3 Communications Corporation
Ratio of Earnings to Fixed Charges
| Third Quarter Ended | Year-to-Date Ended | |||||||||||||||
| September 25, 2015 |
September 26, 2014 |
September 25, 2015 |
September 26, 2014 |
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| ($ in millions) | ||||||||||||||||
| Earnings: |
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| (Loss) income before income taxes |
$ | (258 | ) | $ | 215 | $ | 24 | $ | 667 | |||||||
| Net income attributable to noncontrolling interests |
(3 | ) | (3 | ) | (11 | ) | (9 | ) | ||||||||
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| (Loss) income before income taxes after noncontrolling interests |
$ | (261 | ) | $ | 212 | $ | 13 | $ | 658 | |||||||
| Add: |
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| Interest expense |
46 | 46 | 134 | 125 | ||||||||||||
| Amortization of debt expense |
1 | 1 | 5 | 4 | ||||||||||||
| Interest component of rent expense |
11 | 11 | 33 | 32 | ||||||||||||
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| (Loss) earnings |
$ | (203 | ) | $ | 270 | $ | 185 | $ | 819 | |||||||
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| Fixed charges: |
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| Interest expense |
46 | 46 | 134 | 125 | ||||||||||||
| Amortization of debt expense |
1 | 1 | 5 | 4 | ||||||||||||
| Interest component of rent expense |
11 | 11 | 33 | 32 | ||||||||||||
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| Fixed charges |
$ | 58 | $ | 58 | $ | 172 | $ | 161 | ||||||||
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| Ratio of earnings to fixed charges(a) |
— | 4.7 | x | 1.1 | x | 5.1 | x | |||||||||
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| (a) | In the third quarter ended September 25, 2015, the Company incurred losses from operations, and as a result, our earnings were insufficient to cover our fixed charges by $261 million. |