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

EXHIBIT 12

 

Boeing Capital Corporation and Subsidiaries

 

Computation of Ratio of Earnings to Fixed Charges

 

     Years Ended December 31,
(Dollars in millions)    2009    2008    2007    2006    2005

Earnings:

                                   

Income from continuing operations before provision for income tax

    $ 126    $ 162    $ 234    $ 291    $ 232

Fixed charges

      175      223      297      353      359

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

    $ 301    $ 385    $ 531    $ 644    $ 591

Fixed charges:

                                   

Interest expense

    $ 175    $ 223    $ 297    $ 353    $ 359

Ratio of earnings to fixed charges

      1.7      1.7      1.8      1.8      1.6

 

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