EX-12 2 exb12ratioofearningstofixe.htm EXHIBIT 12 EXB 12 Ratio of Earnings to Fixed Charges



EXHIBIT 12- RATIO OF EARNINGS TO FIXED CHARGES
WHIRLPOOL CORPORATION AND SUBSIDIARIES

 
 
Year Ended December 31,
 
 
2011
 
2010
 
2009
 
2008
 
2007
Earnings
 
 
 
 
 
 
 
 
 
 
Earnings before income taxes
 
$
(28
)
 
$
586

 
$
293

 
$
246

 
$
804

Fixed charges
 
277

 
293

 
280

 
256

 
250

 
 
$
249

 
$
879

 
$
573

 
$
502

 
$
1,054

Fixed charges
 
 
 
 
 
 
 
 
 
 
Portion of rents representative of the interest factor
 
$
55

 
$
54

 
$
52

 
$
51

 
$
46

Interest on indebtedness
 
213

 
225

 
219

 
203

 
203

Amortization of debt financing fees
 
9

 
14

 
9

 
2

 
1

 
 
$
277

 
$
293

 
$
280

 
$
256

 
$
250

Ratio of earnings to fixed charges
 
0.9

 
3.0

 
2.0

 
2.0

 
4.2