Attached files
file | filename |
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10-K - 10-K - Xylem Inc. | xyl1231201610k.htm |
EX-32.2 - EXHIBIT 32.2 - Xylem Inc. | xyl12312016ex322.htm |
EX-32.1 - EXHIBIT 32.1 - Xylem Inc. | xyl12312016ex321.htm |
EX-31.2 - EXHIBIT 31.2 - Xylem Inc. | xyl12312016ex312.htm |
EX-31.1 - EXHIBIT 31.1 - Xylem Inc. | xyl12312016ex311.htm |
EX-23.1 - EXHIBIT 23.1 - Xylem Inc. | xyl12312016ex231.htm |
EX-21 - EXHIBIT 21 - Xylem Inc. | xyl12312016ex21.htm |
EX-10.12 - EXHIBIT 10.12 - Xylem Inc. | xyl12312016ex1012.htm |
EXHIBIT 12
Ratio of Earnings to Fixed Charges
Years Ended December 31, | |||||||||||||||||||
(In Millions Except Ratios) | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||
Fixed Charges: | |||||||||||||||||||
Interest Expense, Including Amortization of Deferred Finance Fees | $ | 70 | $ | 55 | $ | 54 | $ | 55 | $ | 55 | |||||||||
Interest Portion of Rental Expense (a) | 21 | 19 | 24 | 25 | 24 | ||||||||||||||
Total Fixed Charges | 91 | 74 | 78 | 80 | 79 | ||||||||||||||
Earnings Before Income Taxes, Discontinued Operations and Fixed Charges: | |||||||||||||||||||
Pre-tax income (before income or loss from equity investees) | 337 | 403 | 421 | 298 | 388 | ||||||||||||||
Fixed Charges | 91 | 74 | 78 | 80 | 79 | ||||||||||||||
Total Earnings Available For Fixed Charges | $ | 428 | $ | 477 | $ | 499 | $ | 378 | $ | 467 | |||||||||
Ratio of Earnings to Fixed Charges: | 4.7 | 6.4 | 6.4 | 4.7 | 5.9 |
(a) | Calculated as 33% of rent expense, which is a reasonable approximation of the interest factor. |