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EXHIBIT 12
BOEING CAPITAL CORPORATION AND SUBSIDIARIES
Computation of Ratio of Income to Fixed Charges
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Nine months ended
September 30,
(Dollars in millions) 2000 1999
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INCOME:
Income before provision for income taxes $ 103.5 $ 78.2
Fixed charges 168.0 98.3
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Income before provision for income taxes and fixed charges $ 271.5 $ 176.5
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FIXED CHARGES:
Interest expense $ 165.4 $ 95.7
Preferred stock dividends 2.6 2.6
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$ 168.0 $ 98.3
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Ratio of income before provision for income taxes and fixed
charges to fixed charges 1.62 1.80
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