Attached files
| file | filename |
|---|---|
| EX-1.1 - EX-1.1 - Xylem Inc. | d174479dex11.htm |
| 8-K - FORM 8-K - Xylem Inc. | d174479d8k.htm |
Exhibit 12.1
Ratio of Earnings to Fixed Charges
| Six Months Ended | Years Ended December 31, | |||||||||||||||||||||||
| (In Millions Except Ratios) | June 30, 2016 | 2015 | 2014 | 2013 | 2012 | 2011(a) | ||||||||||||||||||
| Fixed Charges: |
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| Interest Expense, Including Amortization of Deferred Finance Fees |
$ | 27 | $ | 55 | $ | 54 | $ | 55 | $ | 55 | $ | 17 | ||||||||||||
| Interest Portion of Rental Expense (b) |
10 | 19 | 24 | 25 | 24 | 21 | ||||||||||||||||||
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| Total Fixed Charges |
37 | 74 | 78 | 80 | 79 | 38 | ||||||||||||||||||
| Earnings Before Income Taxes, Discontinued Operations and Fixed Charges: |
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| Pre-tax income (before income or loss from equity investees) |
154 | 403 | 421 | 298 | 388 | 379 | ||||||||||||||||||
| Fixed Charges |
37 | 74 | 78 | 80 | 79 | 38 | ||||||||||||||||||
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| Total Earnings Available For Fixed Charges |
$ | 191 | $ | 477 | $ | 499 | $ | 378 | $ | 467 | $ | 417 | ||||||||||||
| Ratio of Earnings to Fixed Charges: |
5.2 | 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. |