EX-12 4 goog20131231exhibit12.htm COMPUTATION OF EARNINGS TO FIXED CHARGE RATIOS GOOG 2013.12.31 Exhibit 12


Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
(In millions, except ratios)
 
Year Ended December 31,
 
2009
 
2010
 
2011
 
2012
 
2013
Earnings:
 
 
 
 
 
 
 
 
 
 
Pre-tax income from continuing operations
 
$
8,381

 
$
10,796

 
$
12,326

 
$
13,386

 
$
14,496

Add:
 
 
 
 
 
 
 
 
 
 
Fixed charges
 
109

 
103

 
185

 
233

 
258

Pre-tax income from continuing operations plus fixed charges
 
$
8,490

 
$
10,899

 
$
12,511

 
$
13,619

 
$
14,754

Fixed charges:
 
 
 
 
 
 
 
 
 
 
Interest expense and amortization of capitalized expenses related to indebtedness
 
$
1

 
$
5

 
$
58

 
$
84

 
$
83

Estimated interest component included in rent expense
 
108

 
98

 
127

 
149

 
175

Total fixed charges
 
$
109

 
$
103

 
$
185

 
$
233

 
$
258

Ratio of earnings to fixed charges
 
78

 
106

 
68

 
58

 
57