EXXON MOBIL CORP - FORM 10-K - EX-12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - February 28, 2018

Attached files

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EX-32.3 - SECTION 1350 CERTIFICATION (PURSUANT TO SARBANES-OXLEY SECTION 906) BY PRINCIPAL - EXXON MOBIL CORPxomexhibit323.htm
10-K - FORM 10-K - EXXON MOBIL CORPxom10k2017.htm
EX-32.2 - SECTION 1350 CERTIFICATION (PURSUANT TO SARBANES-OXLEY SECTION 906) BY PRINCIPAL - EXXON MOBIL CORPxomexhibit322.htm
EX-32.1 - SECTION 1350 CERTIFICATION (PURSUANT TO SARBANES-OXLEY SECTION 906) BY CHIEF EXE - EXXON MOBIL CORPxomexhibit321.htm
EX-31.3 - CERTIFICATION (PURSUANT TO SECURITIES EXCHANGE ACT RULE 13A-14(A)) BY PRINCIPAL - EXXON MOBIL CORPxomexhibit313.htm
EX-31.2 - CERTIFICATION (PURSUANT TO SECURITIES EXCHANGE ACT RULE 13A-14(A)) BY PRINCIPAL - EXXON MOBIL CORPxomexhibit312.htm
EX-31.1 - CERTIFICATION (PURSUANT TO SECURITIES EXCHANGE ACT RULE 13A-14(A)) BY CHIEF EXEC - EXXON MOBIL CORPxomexhibit311.htm
EX-23 - CONSENT OF PRICEWATERHOUSECOOPERS LLP, INDEPENDENT REGISTERED PUBLIC ACCOUNTING - EXXON MOBIL CORPxomexhibit23.htm
EX-21 - SUBSIDIARIES OF THE REGISTRANT - EXXON MOBIL CORPxomexhibit21.htm
EX-18 - PREFERABILITY LETTER OF PRICEWATERHOUSECOOPERS LLP, INDEPENDENT REGISTERED PUBLI - EXXON MOBIL CORPxomexhibit18.htm
EX-14 - CODE OF ETHICS AND BUSINESS CONDUCT - EXXON MOBIL CORPxomexhibit14.htm
EX-10.(III) (B2) - EARNINGS BONUS UNIT INSTRUMENT - EXXON MOBIL CORPxomexhibit10iiib2.htm
EX-10.(III) (A3) - EXTENDED PROVISIONS FOR RESTRICTED STOCK UNIT AGREEMENTS-SETTLEMENT IN SHARES - EXXON MOBIL CORPxomexhibit10iiia3.htm
EX-10.(III) (A1) - 2003 INCENTIVE PROGRAM - EXXON MOBIL CORPxomexhibit10iiia1.htm

 

   

EXHIBIT 12

 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

 

 

 

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31,

 

 

 

2017

 

2016

 

2015

 

2014

 

2013

 

 

 

(millions of dollars)

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations attributable to ExxonMobil

 

19,710

 

7,840

 

16,150

 

32,520

 

32,580

Excess/(shortfall) of dividends over earnings of affiliates

 

 

 

 

 

 

 

 

 

 

 

accounted for by the equity method

 

131

 

(579)

 

(691)

 

(358)

 

3

Provision for income taxes

 

(1,174)

 

(406)

 

5,415

 

18,015

 

24,263

Capitalized interest

 

(252)

 

(224)

 

(7)

 

121

 

148

Noncontrolling interests in earnings of consolidated subsidiaries

 

138

 

535

 

401

 

1,095

 

868

 

 

 

18,553

 

7,166

 

21,268

 

51,393

 

57,862

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

Interest expense - borrowings

 

465

 

390

 

211

 

157

 

137

 

Capitalized interest

 

749

 

708

 

482

 

344

 

309

 

Rental cost representative of interest factor

 

303

 

433

 

585

 

618

 

612

 

 

 

1,517

 

1,531

 

1,278

 

1,119

 

1,058

Total adjusted earnings available for payment of fixed charges

 

20,070

 

8,697

 

22,546

 

52,512

 

58,920

Number of times fixed charges are earned

 

13.2

 

5.7

 

17.6

 

46.9

 

55.7

 

 

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