EX-12 3 exhibit12.txt EXHIBIT 12 TO 10-Q FOR 2ND QUARTER 2001 EXHIBIT 12 Boeing Capital Corporation and Subsidiaries Computation of Ratio of Income to Fixed Charges
Six months ended June 30, (Dollars in millions) 2001 2000 --------------------------------------------------------------------------------------------------------------- Income: Income before provision for income taxes $ 127.6 $ 61.4 Fixed charges 165.8 110.9 ------------------------------------ Income before provision for income taxes and fixed charges $ 293.4 $ 172.3 ==================================== Fixed charges: Interest expense $ 164.0 $ 109.1 Preferred stock dividends 1.8 1.8 ------------------------------------ $ 165.8 $ 110.9 ==================================== Ratio of income before provision for income taxes and fixed charges to fixed charges 1.77 1.55 ====================================