EX-12 2 goog20141231exhibit12.htm COMPUTATION OF EARNINGS TO FIXED CHARGE RATIOS GOOG 2014.12.31 Exhibit 12


Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
(In millions, except ratios)
 
Year Ended December 31,
 
2010
 
2011
 
2012
 
2013
 
2014
Earnings:
 
 
 
 
 
 
 
 
 
 
Pre-tax income from continuing operations
 
$
10,796

 
$
12,326

 
$
14,469

 
$
15,899

 
$
17,259

Add:
 
 
 
 
 
 
 
 
 
 
Fixed charges
 
103

 
185

 
233

 
258

 
307

Pre-tax income from continuing operations plus fixed charges
 
$
10,899

 
$
12,511

 
$
14,702

 
$
16,157

 
$
17,566

Fixed charges:
 
 
 
 
 
 
 
 
 
 
Interest expense and amortization of capitalized expenses related to indebtedness
 
$
5

 
$
58

 
$
84

 
$
83

 
$
101

Estimated interest component included in rent expense
 
98

 
127

 
149

 
175

 
206

Total fixed charges
 
$
103

 
$
185

 
$
233

 
$
258

 
$
307

Ratio of earnings to fixed charges
 
106

 
68

 
63

 
63

 
57