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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.