EX-12.1 14 dlph2017ex121.htm EXHIBIT 12.1 Exhibit


Exhibit 12.1
DELPHI TECHNOLOGIES PLC
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
Year ended December 31,
 
2017
 
2016
 
2015
 
2014
 
2013
 
(dollars in millions)
Gain (loss) before income taxes, minority interest, and equity income
$
420

 
$
318

 
$
398

 
$
440

 
$
374

Minority interest in pre-tax income of subsidiaries that have not incurred fixed charges
(41)

 
(39)

 
(27)

 
(23)

 
(22)

Portion of rentals deemed to be interest
5

 
4

 
4

 
4

 
6

Interest and related charges on debt
15

 
1

 
3

 
4

 
5

Earnings available for fixed charges
$
399

 
$
284

 
$
378

 
$
425

 
$
363

 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
Portion of rentals deemed to be interest
$
5

 
$
4

 
$
4

 
$
4

 
$
6

Interest and related charges on debt
15
 
1
 
3
 
4
 
5
Total fixed charges
$
20

 
$
5

 
$
7

 
$
8

 
$
11

 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
20.0
 
56.8
 
54.0
 
53.1
 
33.0