EX-12 2 exb12ratioofearningstofixe.htm EXHIBIT 12 Exhibit



EXHIBIT 12 - RATIO OF EARNINGS TO FIXED CHARGES
WHIRLPOOL CORPORATION AND SUBSIDIARIES

 
 
Year Ended December 31,
 
 
2016
 
2015
 
2014
 
2013
 
2012
Earnings
 
 
 
 
 
 
 
 
 
 
Earnings before income taxes
 
$
1,114

 
$
1,031

 
$
881

 
$
917

 
$
558

Fixed charges
 
220

 
225

 
222

 
231

 
256

 
 
$
1,334

 
$
1,256

 
$
1,103

 
$
1,148

 
$
814

Fixed charges
 
 
 
 
 
 
 
 
 
 
Portion of rents representative of the interest factor
 
$
59

 
$
60

 
$
57

 
$
54

 
$
57

Interest on indebtedness
 
155

 
160

 
159

 
172

 
193

Amortization of debt financing fees
 
6

 
5

 
6

 
5

 
6

 
 
$
220

 
$
225

 
$
222

 
$
231

 
$
256

Ratio of earnings to fixed charges
 
6.1

 
5.6

 
5.0

 
5.0

 
3.2