EX-12.A 2 noc-3312014xex12a.htm COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES NOC-3.31.2014-Ex12a


NORTHROP GRUMMAN CORPORATION
 
EXHIBIT 12(a)
NORTHROP GRUMMAN CORPORATION
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

$ in millions
Three Months Ended March 31
 
Year ended December 31
Earnings:
2014
 
2013
 
2013
2012
2011
2010
2009
Earnings from continuing operations before income taxes
$
786

 
$
712

 
$
2,863

$
2,965

$
3,083

$
2,366

$
2,070

Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest expense, including amortization of debt premium
69

 
53

 
257

212

221

269

269

Portion of rental expenses on operating leases deemed to be representative of the interest factor
24

 
25

 
99

116

140

149

167

Earnings from continuing operations before income taxes and fixed charges
$
879

 
$
790

 
$
3,219

$
3,293

$
3,444

$
2,784

$
2,506

Fixed Charges:
$
93

 
$
78

 
$
356

$
328

$
361

$
418

$
436

Ratio of earnings to fixed charges
9.5

 
10.1

 
9.0

10.0

9.5

6.7

5.7