Attached files
| file | filename |
|---|---|
| EX-15 - EXHIBIT 15 - S&P Global Inc. | spgi-ex15x2016930xq3.htm |
| EX-32 - EXHIBIT 32 - S&P Global Inc. | spgi-ex32x2016930xq3.htm |
| EX-31.2 - EXHIBIT 31.2 - S&P Global Inc. | spgi-ex312x2016930xq3.htm |
| EX-31.1 - EXHIBIT 31.1 - S&P Global Inc. | spgi-ex311x2016930xq3.htm |
| EX-10.1 - EXHIBIT 10.1 - S&P Global Inc. | spgi-ex101x2016930xq3.htm |
| 10-Q - 10-Q - S&P Global Inc. | spgi-2016930xq3.htm |
Exhibit (12)
S&P Global Inc.
Computation of Ratio of Earnings to Fixed Charges
(in millions)
Nine months ended September 30, | Years ended December 31, | |||||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||||||
Earnings: | ||||||||||||||||||||||||
Income from continuing operations before taxes on income 1 | $ | 2,390 | $ | 1,815 | $ | 54 | $ | 1,299 | $ | 1,089 | $ | 975 | ||||||||||||
Fixed charges | 168 | 162 | 118 | 124 | 128 | 131 | ||||||||||||||||||
Total earnings | $ | 2,558 | $ | 1,977 | $ | 172 | $ | 1,423 | $ | 1,217 | $ | 1,106 | ||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest expense | $ | 120 | $ | 101 | $ | 58 | $ | 62 | $ | 81 | $ | 86 | ||||||||||||
Portion of rental payments deemed to be interest | 45 | 59 | 59 | 61 | 46 | 44 | ||||||||||||||||||
Amortization of debt issuance costs and discount | 3 | 2 | 1 | 1 | 1 | 1 | ||||||||||||||||||
Total fixed charges | $ | 168 | $ | 162 | $ | 118 | $ | 124 | $ | 128 | $ | 131 | ||||||||||||
Ratio of earnings to fixed charges: | 15.2 | x | 12.2 | x | 1.5 | x | 11.5 | x | 9.5 | x | 8.4 | x | ||||||||||||
1 | Includes the impact of the gain on disposition of J.D. Power in the nine months ended September 30, 2016. |