Attached files
file | filename |
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EX-32 - EXHIBIT 32 - S&P Global Inc. | spgi-ex32x2017930xq3.htm |
EX-31.2 - EXHIBIT 31.2 - S&P Global Inc. | spgi-ex312x2017930xq3.htm |
EX-31.1 - EXHIBIT 31.1 - S&P Global Inc. | spgi-ex311x2017930xq3.htm |
EX-15 - EXHIBIT 15 - S&P Global Inc. | spgi-ex15x2017930xq3.htm |
EX-10.1 - EXHIBIT 10.1 - S&P Global Inc. | spgi-ex101x2017930xq3.htm |
10-Q - 10-Q - S&P Global Inc. | spgi-2017930xq3.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, | |||||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||||||
Earnings: | ||||||||||||||||||||||||
Income from continuing operations before taxes on income | $ | 1,872 | $ | 3,188 | $ | 1,815 | $ | 54 | $ | 1,299 | $ | 1,089 | ||||||||||||
Fixed charges | 158 | 243 | 162 | 118 | 124 | 128 | ||||||||||||||||||
Total earnings | $ | 2,030 | $ | 3,431 | $ | 1,977 | $ | 172 | $ | 1,423 | $ | 1,217 | ||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest expense | $ | 110 | $ | 179 | $ | 101 | $ | 58 | $ | 62 | $ | 81 | ||||||||||||
Portion of rental payments deemed to be interest | 44 | 59 | 59 | 59 | 61 | 46 | ||||||||||||||||||
Amortization of debt issuance costs and discount | 4 | 5 | 2 | 1 | 1 | 1 | ||||||||||||||||||
Total fixed charges | $ | 158 | $ | 243 | $ | 162 | $ | 118 | $ | 124 | $ | 128 | ||||||||||||
Ratio of earnings to fixed charges: | 12.8 | x | 14.1 | x | 12.2 | x | 1.5 | x | 11.5 | x | 9.5 | x |