EX-12.A 16 v59597exv12wa.htm EX-12.A exv12wa
NORTHROP GRUMMAN CORPORATION
Exhibit 12(a)
NORTHROP GRUMMAN CORPORATION
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
                                                         
$ in millions   Six Months        
    Ended June 30     Year Ended December 31  
Earnings:   2011     2010(1)     2010     2009     2008     2007     2006  
         
Earnings (loss) from continuing operations before income taxes
   $ 1,546     $ 1,284     $ 2,366     $ 2,070       1,841     $ 2,158     $ 1,895  
         
 
                                                        
Fixed Charges:
                                                        
 
                                                        
Interest expense, including amortization of debt premium
     111       142       269       269       271       312       337  
Portion of rental expenses on operating leases deemed to be representative of the interest factor
     72       79       149       167       177       177       162  
         
 
                                                        
Earnings (loss) from continuing operations before income taxes and fixed charges
   $ 1,729     $ 1,505     $ 2,784     $ 2,506     $ 2,289     $ 2,647     $ 2,394  
         
 
                                                        
Fixed Charges:
     183       221       418       436       448       489       499  
         
 
                                                        
Ratio of earnings to fixed charges
     9.4       6.8       6.7       5.7       5.1       5.4       4.8  
         
 
(1)   Certain prior-period information has been reclassified to conform to the current year’s presentation, including the effect of the spin-off of Shipbuilding.