EX-12 2 dex12.htm COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES Computation of Ratio of Income to Fixed Charges

EXHIBIT 12

Boeing Capital Corporation and Subsidiaries

Computation of Ratio of Income to Fixed Charges

 

(Dollars in millions)    Three Months Ended
March 31,
   2005    2004

Income from continuing operations before provision for income tax

   $ 44    $ 73

Fixed charges

     89      84

Income from continuing operations before provision for income tax and fixed charges

   $ 133    $ 157

Fixed charges:

             

Interest expense

   $ 89    $ 84

Ratio of income from continuing operations before provision for income tax and fixed charges to fixed charges

     1.49      1.87

 

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