Attached files

file filename
EX-21 - EXHIBIT 21 - SUBSIDIARIES OF THE REGISTRANT - Xylem Inc.xyl12312015ex21.htm
EX-10.7 - EXHIBIT 10.7 - Xylem Inc.xyl12312015ex107.htm
EX-10.9 - EXHIBIT 10.9 - Xylem Inc.xyl12312015ex109.htm
EX-10.6 - EXHIBIT 10.6 - Xylem Inc.xyl12312015ex106.htm
EX-10.8 - EXHIBIT 10.8 - Xylem Inc.xyl12312015ex108.htm
EX-32.2 - EXHIBIT 32.2 - CERTIFICATION OF CFO PURSUANT TO SECTION 906 OF THE SARBANES-OXLE - Xylem Inc.xyl12312015ex322.htm
EX-23.1 - EXHIBIT 23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - Xylem Inc.xyl12312015ex231.htm
EX-31.2 - EXHIBIT 31.2 - CERTIFICATION OF CFO PURSUANT TO SECTION 302 OF THE SARBANES-OXLE - Xylem Inc.xyl12312015ex312.htm
EX-32.1 - EXHIBIT 32.1 - CERTIFICATION OF CEO PURSUANT TO SECTION 906 OF THE SARBANES-OXLE - Xylem Inc.xyl12312015ex321.htm
EX-10.19 - EXHIBIT 10.19 - Xylem Inc.xyl12312015ex1019.htm
EX-10.26 - EXHIBIT 10.26 - Xylem Inc.xyl12312015ex1026.htm
EX-10.15 - EXHIBIT 10.15 - Xylem Inc.xyl12312015ex1015.htm
EX-10.20 - EXHIBIT 10.20 - Xylem Inc.xyl12312015ex1020.htm
EX-10.16 - EXHIBIT 10.16 - Xylem Inc.xyl12312015ex1016.htm
10-K - 10-K - Xylem Inc.xyl1231201510k.htm
EX-31.1 - EXHIBIT 31.1 - CERTIFICATION OF CEO PURSUANT TO SECTION 302 OF THE SARBANES-OXLE - Xylem Inc.xyl12312015ex311.htm


EXHIBIT 12

Ratio of Earnings to Fixed Charges

 
Years Ended December 31,
(In Millions Except Ratios)
2015
 
2014
 
2013
 
2012
 
2011(a)

Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest Expense, Including Amortization of Deferred Finance Fees
$
55

 
$
54

 
$
55

 
$
55

 
$
17

 
 
 
 
 
 
 
 
 
 
Interest Portion of Rental Expense (b)
19

 
24

 
25

 
24

 
21

 
 
 
 
 
 
 
 
 
 
Total Fixed Charges
74

 
78

 
80

 
79

 
38

 
 
 
 
 
 
 
 
 
 
Earnings Before Income Taxes, Discontinued Operations and Fixed Charges:
 
 
 
 
 
 
 
 
 
    
 
 
 
 
 
 
 
 
 
Pre-tax income (before income or loss from equity investees)
403

 
421

 
298

 
388

 
379

 
 
 
 
 
 
 
 
 
 
Fixed Charges
74

 
78

 
80

 
79

 
38

 
 
 
 
 
 
 
 
 
 
Total Earnings Available For Fixed Charges
$
477

 
$
499

 
$
378

 
$
467

 
$
417

 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges:
6.4

 
6.4

 
4.7

 
5.9

 
10.9


(a)
This period includes 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.