EX-12 3 dex12.htm RATIO OF EARNINGS TO FIXED CHARGES Ratio of Earnings to Fixed Charges

Exhibit 12

 

EXHIBIT 12—RATIO OF EARNINGS TO FIXED CHARGES

 

WHIRLPOOL CORPORATION AND SUBSIDIARIES

 

     Year Ended December 31,
             2006        
            2005        

Earnings

              

Earnings before income taxes and other items

    $ 619    $ 597

Portion of rents representative of the interest factor

      38      31

Interest on indebtedness

      202      130

Amortization of debt expense and premium

      1      1
    
  
     $ 860    $ 759
    
  

Fixed charges

              

Portion of rents representative of the interest factor

    $ 38    $ 31

Interest on indebtedness

      202      130

Amortization of debt expense and premium

      1      1
    
  
     $ 241    $ 162
    
  

Ratio of earnings to fixed charges

      3.6      4.7