EX-12.(A) 2 dex12a.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

Exhibit 12(a)

General Electric Company

Computation of Ratio of Earnings to Fixed Charges

 

(Dollars in millions)    Six months
ended

June 30,
2010
(Unaudited)

General Electric Company and consolidated affiliates

  

Earnings(a)

   $ 6,760

Plus:

  

Interest and other financial charges included in expense(b)

     8,333

One-third of rental expense(c)

     286
      

Adjusted “earnings”

   $ 15,379
      

Fixed Charges:

  

Interest and other financial charges included in expense(b)

   $ 8,333

Interest capitalized

     20

One-third of rental expense(c)

     286
      

Total fixed charges

   $ 8,639
      

Ratio of earnings to fixed charges

     1.78
      

 

 

 

(a) Earnings before income taxes, noncontrolling interests, discontinued operations and undistributed earnings of equity investees.
(b) Included interest on tax deficiencies.
(c) Considered to be representative of interest factor in rental expense.