EX-12 11 c11830exv12.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES exv12
 

Exhibit 12
Motorola, Inc. and Subsidiaries
Computation of Fixed Charges Ratio
                                         
    Years Ended December 31,  
(In Millions)   2006     2005     2004     2003     2002  
Pretax income (loss) (1)
   $ 4,605     $ 6,402     $ 3,083     $ 1,214       ($2,189 )
Capitalized interest
     —       —       —       —       (0 )
Fixed charges (as calculated below)
     411       407       449       573       644  
 
                              
Earnings (2)
   $ 5,016     $ 6,809     $ 3,532     $ 1,787       ($1,545 )
 
                              
Fixed charges:
                                        
Interest expense
   $ 330     $ 324     $ 381     $ 504     $ 576  
Rent expense interest factor
     80       83       68       70       68  
 
                              
Total fixed charges (2)
   $ 411     $ 407     $ 449     $ 573     $ 644  
 
                              
Ratio of earnings to fixed charges
     12.2       16.7       7.9       3.1       0.0 (3)
 
                              
(1)-After adjustments required by Item 503 (d) of SEC Regulation S-K.
(2)-As defined in Item 503 (d) of SEC Regulation S-K.
(3)-Earnings were inadequate to cover fixed charges for the years ended December 31, 2002 by $2.2 billion