SEC Info - American Express Co - ‘10-K’ for 12/31/08

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American Express Co – ‘10-K’ for 12/31/08 – EX-12

On: Friday, 2/27/09, at 4:25pm ET · For: 12/31/08 · Accession #: 1193125-9-41008 · File #: 1-07657

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 2/27/09  American Express Co               10-K       12/31/08   20:4.3M                                   RR Donnelley/FA

Annual Report — Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.14M 
 2: EX-3.5      Company's By-Laws as Amended Through February 23,   HTML     64K 
                          2009                                                   
 6: EX-10.10    Section 409A Amendments to Portfolio Grant Awards   HTML     17K 
 7: EX-10.11    2007 Incentive Compensation Plan Performance Grant  HTML     55K 
 8: EX-10.13    American Express Company Deferred Compensation      HTML     26K 
                          Plan                                                   
 9: EX-10.19    Amendment to the Pre-2008 Nonqualified Deferred     HTML     71K 
                          Compensation Plans                                     
10: EX-10.31    American Express Senior Executive Severance Plan    HTML    102K 
11: EX-10.33    American Express Supplemental Retirement Plan       HTML    182K 
12: EX-10.35    American Express Annual Incentive Award Plan        HTML     59K 
 3: EX-10.4     American Express Company 1998 Incentive             HTML     96K 
                          Compensation Plan Master Agreement                     
13: EX-10.40    American Express Company 2003 Share Equivalent      HTML     20K 
                          Unit Plan                                              
 4: EX-10.6     Section 409A Amendments to Form of Award Agreement  HTML     17K 
 5: EX-10.8     American Express Company 2007 Incentive             HTML     97K 
                          Compensation Plan Master Agreement                     
14: EX-12       Computation in Support of Ratio of Earnings to      HTML     25K 
                          Fixed Charges                                          
15: EX-13       Portions of the Company's 2008 Annual Report to     HTML   2.04M 
                          Shareholders                                           
16: EX-21       Subsidiaries of the Company                         HTML     60K 
17: EX-23.1     Consent of Pricewaterhousecoopers LLP               HTML     12K 
18: EX-31.1     Certification of Kenneth I. Chenault, Chief         HTML     15K 
                          Executive Officer                                      
19: EX-31.2     Certification of Daniel T. Henry, Chief Financial   HTML     15K 
                          Officer                                                
20: EX-32.1     Certification of CEO and CFO Pursuant to Section    HTML     14K 
                          906 of the Sarbanes-Oxley Act

EX-12 — Computation in Support of Ratio of Earnings to Fixed Charges

This exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

Computation in Support of Ratio of Earnings to Fixed Charges

EXHIBIT 12

AMERICAN EXPRESS COMPANY

COMPUTATION IN SUPPORT OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)


	Year Ended December 31, 2008		Years Ended December 31,
	Year Ended December 31, 2008		2007		2006		2005		2004
Earnings:
Pretax income from continuing operations	$	3,581	$	5,694	$	5,152	$	3,979	$	3,610
Interest expense		3,628		4,525		3,258		2,415		1,899
Other adjustments		144		143		139		150		151

Total earnings (a)	$	7,353	$	10,362	$	8,549	$	6,544	$	5,660


Fixed charges:
Interest expense	$	3,628	$	4,525	$	3,258	$	2,415	$	1,899
Other adjustments		114		106		106		151		145

Total fixed charges (b)	$	3,742	$	4,631	$	3,364	$	2,566	$	2,044


Ratio of earnings to fixed charges (a/b)		1.96		2.24		2.54		2.55		2.77

Included in interest expense in the above computation is interest expense related to the cardmember lending activities, international banking operations, and charge card and other activities in the Consolidated Statements of Income. Interest expense does not include interest on liabilities recorded under Financial Accounting Standards Board (FASB) Financial Interpretation No. 48, “Accounting for Uncertainty in Income Taxes – an interpretation of FASB Statement No. 109.” The Company’s policy is to classify such interest in income tax provision in the Consolidated Statements of Income.

For purposes of the “earnings” computation, “other adjustments” include adding the amortization of capitalized interest, the net loss of affiliates accounted for under the equity method whose debt is not guaranteed by the Company, the minority interest in the earnings of majority-owned subsidiaries with fixed charges, and the interest component of rental expense, and subtracting undistributed net income of affiliates accounted for under the equity method.

For purposes of the “fixed charges” computation, “other adjustments” include capitalized interest costs and the interest component of rental expense.

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-K’ Filing	Date	Other Filings

Filed on:	2/27/09	8-K
For Period End:	12/31/08	11-K, 4, 5, 5/A
	12/31/07	10-K, 11-K, 4, 5, 5/A, NT 11-K
		List all Filings

4 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/09/24  American Express Co.              10-K       12/31/23  156:23M
 2/10/23  American Express Co.              10-K       12/31/22  149:24M
 2/11/22  American Express Co.              10-K       12/31/21  148:22M
 2/12/21  American Express Co.              10-K       12/31/20  149:22M

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Filing Submission 0001193125-09-041008 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)