Exhibit 12.1
APTIV PLC
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Six Months Ended June 30, | Year ended December 31, | |||||||||||||||||||||||
2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||||||
(dollars in millions) | ||||||||||||||||||||||||
Income from continuing operations before income taxes and equity income | $ | 748 | $ | 1,255 | $ | 1,000 | $ | 997 | $ | 1,052 | $ | 972 | ||||||||||||
Cash dividends received fromnon-consolidated affiliates and other | (22 | ) | (31 | ) | (26 | ) | (28 | ) | (43 | ) | (23 | ) | ||||||||||||
Portion of rentals deemed to be interest | 18 | 33 | 28 | 29 | 33 | 30 | ||||||||||||||||||
Interest and related charges on debt | 70 | 140 | 228 | 182 | 165 | 177 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Earnings available for fixed charges | $ | 814 | $ | 1,397 | $ | 1,230 | $ | 1,180 | $ | 1,207 | $ | 1,156 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Portion of rentals deemed to be interest | $ | 18 | $ | 33 | $ | 28 | $ | 29 | $ | 33 | $ | 30 | ||||||||||||
Interest and related charges on debt | 70 | 140 | 228 | 182 | 165 | 177 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Total fixed charges | $ | 88 | $ | 173 | $ | 256 | $ | 211 | $ | 198 | $ | 207 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Ratio of earnings to fixed charges | 9.3 | 8.1 | 4.8 | 5.6 | 6.1 | 5.6 |