EX-12.1
2
amzn-20131231xex121.htm
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Exhibit 12.1
Ratio of Earnings to Fixed Charges
(in millions)
Year Ended December 31, | ||||||||||||||||||||
2013 | 2012 | 2011 | 2010 | 2009 | ||||||||||||||||
Earnings available for fixed charges: | ||||||||||||||||||||
Income before income taxes | $ | 506 | $ | 544 | $ | 934 | $ | 1,497 | $ | 1,161 | ||||||||||
Fixed charges, excluding capitalized interest | 198 | 133 | 108 | 66 | 55 | |||||||||||||||
Total earnings available for fixed charges | $ | 704 | $ | 677 | $ | 1,042 | $ | 1,563 | $ | 1,216 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest and debt expense (1) | $ | 141 | $ | 92 | $ | 65 | $ | 39 | $ | 34 | ||||||||||
Assumed interest element included in rent expense | 57 | 41 | 43 | 27 | 21 | |||||||||||||||
Total Fixed charges | $ | 198 | $ | 133 | $ | 108 | $ | 66 | $ | 55 | ||||||||||
Ratio of earnings to fixed charges | 3.56 | 5.10 | 9.61 | 23.68 | 22.29 | |||||||||||||||
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(1) | Includes amortization of debt-related expenses plus capitalized interest. |