EX-12.A 2 v59528exv12wa.htm EX-12.A exv12wa
NORTHROP GRUMMAN CORPORATION
 
EXHIBIT 12(a)
 
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
                                         
    Year Ended December 31,
$ in millions   2010(1)   2009(1)   2008(1)   2007(1)   2006(1)
Earnings:
                                       
Earnings from continuing operations before income taxes
  $ 2,366     $ 2,070     $ 1,841     $ 2,158     $ 1,895  
                                         
Fixed Charges:
                                       
Interest expense, including amortization of debt premium
    269       269       271       312       337  
Portion of rental expenses on operating leases deemed to be representative of the interest factor:
    149       167       177       177       162  
                                         
Earnings from continuing operations before income taxes, less fixed charges
  $ 2,784     $ 2,506     $ 2,289     $ 2,647     $ 2,394  
Fixed Charges:
  $ 418     $ 436     $ 448     $ 489     $ 499  
                                         
Ratio of earnings to fixed charges
    6.7       5.7       5.1       5.4       4.8  
                                         
 
(1) Certain prior-period information has been reclassified to conform to the current year’s presentation. See Note 1 to our consolidated financial statements in Part II, Item 8 for more information about the spin-off of the Shipbuilding business.


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