2014 | 2015 | 2016 | 2017 | 2018 | |||||||||||||||
Earnings available for fixed charges: | |||||||||||||||||||
Earnings from continuing operations before income taxes, minority interest and discontinued operations | $ | 1,016 | $ | 1,115 | $ | 1,084 | $ | 1,073 | $ | 1,021 | |||||||||
Add: Fixed charges | 123 | 125 | 128 | 136 | 174 | ||||||||||||||
Total earnings available for fixed charges | $ | 1,139 | $ | 1,240 | $ | 1,212 | $ | 1,209 | $ | 1,195 | |||||||||
Fixed charges: | |||||||||||||||||||
Interest expense (1) | $ | 75 | $ | 77 | $ | 81 | $ | 90 | $ | 127 | |||||||||
Interest portion of rental expense | 48 | 48 | 47 | 46 | 47 | ||||||||||||||
Total fixed charges | $ | 123 | $ | 125 | $ | 128 | $ | 136 | $ | 174 | |||||||||
RATIOS OF EARNINGS TO FIXED CHARGES | 9.26 | 9.92 | 9.47 | 8.89 | 6.87 | ||||||||||||||
Deficiency of earnings to fixed charges | n/a | n/a | n/a | n/a | n/a | ||||||||||||||
(1) | Includes amortization of discount related to indebtedness |