Attached files
| file | filename |
|---|---|
| EX-10.3 - SEVERANCE PLAN FOR ELECTED AND APPOINTED OFFICERS OF NORTHROP GRUMMAN CORP - NORTHROP GRUMMAN CORP /DE/ | noc-03312018xex103.htm |
| EX-10.1 - GRANT CERTIFICATE APPLICABLE TO 2018 RESTRICTED STOCK RIGHTS - NORTHROP GRUMMAN CORP /DE/ | noc-03312018xex101.htm |
| EX-10.2 - GRANT CERTIFICATE APPLICABLE TO 2018 RESTRICTED PERFORMANCE STOCK RIGHTS - NORTHROP GRUMMAN CORP /DE/ | noc-03312018xex102.htm |
| EX-32.1 - CERTIFICATION OF WESLEY G. BUSH - NORTHROP GRUMMAN CORP /DE/ | noc-03312018xex321.htm |
| EX-31.2 - CERTIFICATION OF KENNETH L. BEDINGFIELD - NORTHROP GRUMMAN CORP /DE/ | noc-03312018xex312.htm |
| EX-32.2 - CERTIFICATION OF KENNETH L. BEDINGFIELD - NORTHROP GRUMMAN CORP /DE/ | noc-03312018xex322.htm |
| EX-31.1 - CERTIFICATION OF WESLEY G. BUSH - NORTHROP GRUMMAN CORP /DE/ | noc-03312018xex311.htm |
| EX-15 - LETTER FROM INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - NORTHROP GRUMMAN CORP /DE/ | noc-03312018xex15.htm |
| 10-Q - 10-Q - NORTHROP GRUMMAN CORP /DE/ | noc-03312018x10q.htm |
NORTHROP GRUMMAN CORPORATION
EXHIBIT 12(a)
NORTHROP GRUMMAN CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
$ in millions | Three Months Ended March 31 | Year Ended December 31 | ||||||||||||||||||||
Earnings: | 2018 | 2017 | 2017 | 2016 | 2015(1) | 2014(1) | 2013(1) | |||||||||||||||
Earnings before income taxes | $ | 871 | $ | 788 | $ | 2,996 | $ | 2,855 | $ | 2,790 | $ | 2,937 | $ | 2,863 | ||||||||
Fixed Charges: | ||||||||||||||||||||||
Interest expense, including amortization of debt premium | 143 | 75 | 360 | 301 | 301 | 282 | 257 | |||||||||||||||
Portion of rental expenses on operating leases deemed to be representative of the interest factor | 31 | 30 | 100 | 99 | 101 | 101 | 99 | |||||||||||||||
Earnings before income taxes and fixed charges | $ | 1,045 | $ | 893 | $ | 3,456 | $ | 3,255 | $ | 3,192 | $ | 3,320 | $ | 3,219 | ||||||||
Fixed Charges: | $ | 174 | $ | 105 | $ | 460 | $ | 400 | $ | 402 | $ | 383 | $ | 356 | ||||||||
Ratio of earnings to fixed charges | 6.0 | 8.5 | 7.5 | 8.1 | 7.9 | 8.7 | 9.0 | |||||||||||||||
(1) Financial data does not reflect the effects from the January 1, 2018 adoption of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606).