EX-99.1 8 a2235274zex-99_1.htm EX-99.1

Exhibit 99.1

(in millions)

|  | Six Months Ended |  | Year Ended |  | Year Ended |
|  | 6/30/2018 |  | 12/31/2017 |  | 12/31/2016 |
Earnings: |  |  |  |  |  |  |
Net increase in stockholders’ equity resulting from operations |  | $ | 496 |  | $ | 667 |  | $ | 474 |
Income tax expense, including excise tax |  | 11 |  | 19 |  | 21 |
Total earnings before taxes |  | $ | 507 |  | $ | 686 |  | $ | 495 |
Fixed Charges: |  |  |  |  |  |  |
Interest and credit facility fees |  | $ | 121 |  | $ | 225 |  | $ | 186 |
Total fixed charges |  | $ | 121 |  | $ | 225 |  | $ | 186 |
Earnings available to cover fixed charges |  | $ | 628 |  | $ | 911 |  | $ | 681 |
Ratio of earnings to fixed charges |  | 5.2 |  | 4.0 |  | 3.7 |
Footnote disclosure: |  |  |  |  |  |  |
Total realized and unrealized gains (losses) from investment transactions and capital gains incentive fee expense accrued in accordance with GAAP |  | $ | 152 |  | $ | 115 |  | $ | (15 | )
Earnings available to cover fixed charges excluding above |  | $ | 476 |  | $ | 796 |  | $ | 696 |
Ratio of earnings to fixed charges excluding above |  | 3.9 |  | 3.5 |  | 3.7 |