EX-12 2 fmcc9302012ex12.htm EXHIBIT FMCC 9.30.2012 EX 12


Exhibit 12

FORD MOTOR CREDIT COMPANY LLC AND SUBSIDIARIES
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions)

 
 
First Nine Months
 
 
2012
Earnings
 
 
Income/(Loss) before income taxes
 
$
1,283

Add/(Deduct):
 
 
Equity in net income of affiliated companies
 
(27
)
Dividends from affiliated companies
 
27

Fixed charges
 
2,325

Earnings/(Losses)
 
$
3,608

 
 
 
Fixed charges
 
 
Interest expense
 
$
2,318

Interest portion of rental expense (a)
 
7

Total fixed charges
 
$
2,325

 
 
 
Ratio of earnings to fixed charges
 
1.55

__________
 
 
(a) One-third of all rental expense is deemed to be interest.