Attached files

file filename
EX-32.1 - EXHIBIT 32.1 - FORD MOTOR CREDIT CO LLCfmcc03312016ex321.htm
10-Q - 10-Q - FORD MOTOR CREDIT CO LLCfmcc0331201610-q.htm
EX-15 - EXHIBIT 15 - FORD MOTOR CREDIT CO LLCfmcc03312016ex15.htm
EX-31.1 - EXHIBIT 31.1 - FORD MOTOR CREDIT CO LLCfmcc03312016ex311.htm
EX-31.2 - EXHIBIT 31.2 - FORD MOTOR CREDIT CO LLCfmcc03312016ex312.htm
EX-32.2 - EXHIBIT 32.2 - FORD MOTOR CREDIT CO LLCfmcc03312016ex322.htm
10-Q - PRINTABLE PDF OF FORM 10-Q - FORD MOTOR CREDIT CO LLCfmcc0331201610q.pdf


Exhibit 12

FORD MOTOR CREDIT COMPANY LLC AND SUBSIDIARIES
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions)

 
 
First Quarter 2016
Earnings
 
 
Income before income taxes
 
$
514

Add/(Deduct):
 
 
Equity in net income of affiliated companies
 
(7
)
Dividends from affiliated companies
 

Fixed charges excluding capitalized interest
 
648

Earnings
 
$
1,155

 
 
 
Fixed charges
 
 
Interest expense
 
$
646

Interest portion of rental expense (a)
 
2

Total fixed charges
 
$
648

 
 
 
Ratios
 
 
Ratio of earnings to fixed charges
 
1.8

__________
(a)
One-third of all rental expense is deemed to be interest.