Attached files
file | filename |
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EX-32.2 - EXHIBIT 32.2 - Aon plc | a322certificationofcfoq320.htm |
EX-32.1 - EXHIBIT 32.1 - Aon plc | a321certificationofceoq320.htm |
EX-31.2 - EXHIBIT 31.2 - Aon plc | a312certificationofcfoq320.htm |
EX-31.1 - EXHIBIT 31.1 - Aon plc | a311certificationofceoq320.htm |
10-Q - 10-Q - Aon plc | q32017aonplc.htm |
Exhibit 12.1
Aon plc and Consolidated Subsidiaries
Combined With Unconsolidated Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
Nine Months Ended September 30 | Years Ended December 31 | |||||||||||||||||||||||
(millions except ratio) | 2017 | 2016 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||||
Income from continuing operations before income taxes and noncontrolling interests | $ | 279 | $ | 996 | $ | 1,401 | $ | 1,428 | $ | 1,559 | $ | 1,347 | ||||||||||||
Less: Equity in earnings on less than 50% owned entities | 11 | 7 | 13 | 13 | 12 | 20 | ||||||||||||||||||
Add back fixed charges: | ||||||||||||||||||||||||
Interest on indebtedness | 211 | 212 | 282 | 273 | 255 | 210 | ||||||||||||||||||
Interest on uncertain tax positions | — | — | — | — | 4 | 5 | ||||||||||||||||||
Portion of rents representative of interest factor | 24 | 24 | 28 | 33 | 40 | 40 | ||||||||||||||||||
Income as adjusted | $ | 503 | $ | 1,225 | $ | 1,698 | $ | 1,721 | $ | 1,846 | $ | 1,582 | ||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest on indebtedness | $ | 211 | $ | 212 | $ | 282 | $ | 273 | $ | 255 | $ | 210 | ||||||||||||
Interest on uncertain tax positions | — | — | — | — | 4 | 5 | ||||||||||||||||||
Portion of rents representative of interest factor | 24 | 24 | 28 | 33 | 40 | 40 | ||||||||||||||||||
Total fixed charges | $ | 235 | $ | 236 | $ | 310 | $ | 306 | $ | 299 | $ | 255 | ||||||||||||
Ratio of earnings to fixed charges | 2.1 | 5.2 | 5.5 | 5.6 | 6.2 | 6.2 |