Attached files
file | filename |
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EX-32.1 - EXHIBIT 32.1 - Intercontinental Exchange, Inc. | ice20171231exhibit321.htm |
10-K - 10-K - Intercontinental Exchange, Inc. | ice2017123110k.htm |
EX-32.2 - EXHIBIT 32.2 - Intercontinental Exchange, Inc. | ice20171231exhibit322.htm |
EX-31.2 - EXHIBIT 31.2 - Intercontinental Exchange, Inc. | ice20171231exhibit312.htm |
EX-31.1 - EXHIBIT 31.1 - Intercontinental Exchange, Inc. | ice20171231exhibit311.htm |
EX-23.1 - EXHIBIT 23.1 - Intercontinental Exchange, Inc. | ice20171231exhibit231.htm |
EX-21.1 - EXHIBIT 21.1 - Intercontinental Exchange, Inc. | ice20171231exhibit211.htm |
EX-10.18 - EXHIBIT 10.18 - Intercontinental Exchange, Inc. | ice20171231exhibit1018.htm |
EX-10.17 - EXHIBIT 10.17 - Intercontinental Exchange, Inc. | ice20171231exhibit1017.htm |
EX-10.6 - EXHIBIT 10.6 - Intercontinental Exchange, Inc. | ice20171231exhibit106.htm |
EX-2.2 - EXHIBIT 2.2 - Intercontinental Exchange, Inc. | ice20171231exhibit22.htm |
EX-2.1 - EXHIBIT 2.1 - Intercontinental Exchange, Inc. | ice20171231exhibit21.htm |
Exhibit 12.1
Intercontinental Exchange, Inc.
Computation of Ratio of Earnings to Fixed Charges
Year Ended December 31, | ||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
(in millions, except ratio) | ||||||||||||||||||||
Determination of earnings: | ||||||||||||||||||||
Pre-tax income from continuing operations before income from equity investee, income tax expense and non-controlling interest | 2,480 | $ | 2,004 | $ | 1,648 | $ | 1,382 | $ | 504 | |||||||||||
Add: Distributed income from equity investee | 10 | — | 7 | — | — | |||||||||||||||
Add: Fixed charges | 187 | 178 | 97 | 96 | 56 | |||||||||||||||
Less: Income attributable to non-controlling interests | (28 | ) | (27 | ) | (21 | ) | (35 | ) | (16 | ) | ||||||||||
Pre-tax earnings before fixed charges | $ | 2,649 | $ | 2,155 | $ | 1,731 | $ | 1,443 | $ | 544 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense on outstanding debt | $ | 167 | $ | 157 | $ | 81 | $ | 80 | $ | 41 | ||||||||||
Interest expense on line of credit | $ | 4 | 5 | 4 | 6 | 3 | ||||||||||||||
Amortization of debt issuance costs | 9 | 10 | 7 | 7 | 8 | |||||||||||||||
Other | $ | 7 | 6 | 5 | 3 | 4 | ||||||||||||||
Total fixed charges | $ | 187 | $ | 178 | $ | 97 | $ | 96 | $ | 56 | ||||||||||
Ratio of earnings to fixed charges | 14.2 | 12.1 | 17.8 | 15.0 | 9.7 |