NORTHROP GRUMMAN CORP /DE/ - FORM 10-K - EX-12.(A) - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - January 29, 2018

Attached files

file filename
EX-23 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - NORTHROP GRUMMAN CORP /DE/noc-12312017xex23.htm
10-K - 10-K - NORTHROP GRUMMAN CORP /DE/noc-12312017x10k.htm
EX-32.2 - CERTIFICATION OF KENNETH L. BEDINGFIELD - NORTHROP GRUMMAN CORP /DE/noc-12312017xex322.htm
EX-32.1 - CERTIFICATION OF WESLEY G. BUSH - NORTHROP GRUMMAN CORP /DE/noc-12312017xex321.htm
EX-31.2 - CERTIFICATION OF KENNETH L. BEDINGFIELD - NORTHROP GRUMMAN CORP /DE/noc-12312017xex312.htm
EX-31.1 - CERTIFICATION OF WESLEY G. BUSH - NORTHROP GRUMMAN CORP /DE/noc-12312017xex311.htm
EX-24 - POWER OF ATTORNEY - NORTHROP GRUMMAN CORP /DE/noc-12312017xex24.htm
EX-21 - SUBSIDIARIES - NORTHROP GRUMMAN CORP /DE/noc-12312017xex21.htm
EX-10.(GG) - RELOCATION AGREEMENT BETWEEN NORTHROP GRUMMAN AND JANIS G. PAMILJANS - NORTHROP GRUMMAN CORP /DE/noc-12312017xex10gg.htm
EX-10.(EE) - RETENTION INCENTIVE BETWEEN NORTHROP GRUMMAN AND JANIS G. PAMILJANS - NORTHROP GRUMMAN CORP /DE/noc-12312017xex10ee.htm
EX-10.(Z) - EXECUTIVE SUPPLEMENTAL INDIVIDUAL DISABILITY INSURANCE PLAN - NORTHROP GRUMMAN CORP /DE/noc-12312017xex10z.htm
EX-10.(Y) - EXECUTIVE LONG-TERM DISABILITY INSURANCE POLICY {AMENDMENT NO. 7} - NORTHROP GRUMMAN CORP /DE/noc-12312017xex10y.htm
EX-10.(X)(I) - AMENDMENT TO EXECUTIVE ACCIDENTAL DEATH, DISMEMBERMENT AND PLEGIA INSURANCE - NORTHROP GRUMMAN CORP /DE/noc-12312017xex10xi.htm
EX-10.(W)(I) - AMENDMENT TO EXECUTIVE BASIC LIFE INSURANCE POLICY - NORTHROP GRUMMAN CORP /DE/noc-12312017xex10wi.htm
EX-10.(W) - EXECUTIVE BASIC LIFE INSURANCE POLICY (CERTIFICATE NO. 46) - NORTHROP GRUMMAN CORP /DE/noc-12312017xex10w.htm
EX-10.(M) - SEVERANCE PLAN FOR ELECTED AND APPOINTED OFFICERS OF NORTHROP GRUMMAN - NORTHROP GRUMMAN CORP /DE/noc-12312017xex10m.htm
EX-10.(J)(V) - FIRST AMENDMENT TO THE NORTHROP GRUMMAN SUPPLEMENTAL PLAN 2 - NORTHROP GRUMMAN CORP /DE/noc-12312017xex10jv.htm
EX-10.(H)(VI) - GRANT CERTIFICATE APPLICABLE TO 2016 SPECIAL RESTRICTED STOCK RIGHTS - NORTHROP GRUMMAN CORP /DE/noc-12312017xex10hvi.htm
EX-10.(H)(V) - GRANT CERTIFICATE APPLICABLE TO 2016 RESTRICTED STOCK RIGHTS - NORTHROP GRUMMAN CORP /DE/noc-12312017xex10hv.htm
EX-10.(H)(IV) - GRANT CERTIFICATE APPLICABLE TO 2016 RESTRICTED PERFORMANCE STOCK RIGHTS - NORTHROP GRUMMAN CORP /DE/noc-12312017xex10hiv.htm


NORTHROP GRUMMAN CORPORATION
 
EXHIBIT 12(a)
NORTHROP GRUMMAN CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

$ in millions
Year Ended December 31
Earnings:
2017
2016
2015
2014
2013
Earnings before income taxes
$
3,049

$
2,923

$
2,790

$
2,937

$
2,863

Fixed Charges:
 
 
 
 
 
Interest expense, including amortization of debt premium
360

301

301

282

257

Portion of rental expenses on operating leases deemed to be representative of the interest factor
100

99

101

101

99

Earnings before income taxes and fixed charges
$
3,509

$
3,323

$
3,192

$
3,320

$
3,219

Fixed Charges:
$
460

$
400

$
402

$
383

$
356

Ratio of earnings to fixed charges
7.6

8.3

7.9

8.7

9.0


  



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