Attached files

file filename
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