EX-12 2 v081791_ex12.htm
 
Exhibit 12
 
ROCKWELL COLLINS, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
NINE MONTHS ENDED JUNE 30, 2007
(in millions, except ratio)
 
     
Income before income taxes
  
$
614
  
         
Adjustments:
        
Income from equity affiliates
    
(6
)
Equity affiliate distributions
    
11
  
         
Add fixed charges included in earnings:
        
Interest expense
    
10
  
Interest element of rentals
    
5
  
Total earnings available for fixed charges
  
$
634
  
         
FIXED CHARGES:
        
Fixed charges included in earnings
    
15
  
Capitalized interest
    
1
  
Total fixed charges
  
$
16
  
         
RATIO OF EARNINGS TO FIXED CHARGES (1)
    
40
  
 
(1)
In computing the ratio of earnings to fixed charges, earnings are defined as income before income taxes, adjusted for income or loss attributable to minority interests in subsidiaries, undistributed earnings of less than majority owned subsidiaries, and fixed charges excluding capitalized interest. Fixed charges are defined as interest on borrowings (whether expensed or capitalized) and that portion of rental expense applicable to interest. Our ratio of earnings to combined fixed charges and preferred stock dividends for the period above are the same as our ratio of earnings to fixed charges because we had no shares of preferred stock outstanding for the period presented and currently have no shares of preferred stock outstanding.