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EX-32 - EXHIBIT 32 - S&P Global Inc.spgi-ex32x2017630xq2.htm
EX-31.2 - EXHIBIT 31.2 - S&P Global Inc.spgi-ex312x2017630xq2.htm
EX-31.1 - EXHIBIT 31.1 - S&P Global Inc.spgi-ex311x2017630xq2.htm
EX-15 - EXHIBIT 15 - S&P Global Inc.spgi-ex15x2017630xq2.htm
EX-10.1 - EXHIBIT 10.1 - S&P Global Inc.spgi-ex101x2017630xq2.htm
10-Q - 10-Q - S&P Global Inc.spgi-2017630xq2.htm


Exhibit (12)
S&P Global Inc.
Computation of Ratio of Earnings to Fixed Charges
(in millions)

 
Six months ended June 30,
 
Years ended December 31,
 
 
2017
 
2016
 
2015
 
2014
 
2013
 
2012
 
Earnings:
 
 
 
 
 
 
 
 
 
 
 
 
 Income from continuing operations before taxes on income
$
1,250

 
$
3,188

 
$
1,815

 
$
54

 
$
1,299

 
$
1,089

 
Fixed charges
105

 
243

  
162

  
118

  
124

  
128

  
Total earnings
$
1,355

 
$
3,431

  
$
1,977

  
$
172

  
$
1,423

  
$
1,217

  
Fixed charges: 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
$
74

 
$
179

  
$
101

  
$
58

  
$
62

  
$
81

  
Portion of rental payments deemed to
   be interest
29

 
59

  
59

  
59

  
61

  
46

  
Amortization of debt issuance costs and
   discount
2

 
5

  
2

  
1

  
1

  
1

  
Total fixed charges
$
105

 
$
243

  
$
162

  
$
118

  
$
124

  
$
128

  
Ratio of earnings to fixed charges:
12.9

14.1

12.2

1.5

11.5

9.5