Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - EXPRESS SCRIPTS INC | Financial_Report.xls |
| 10-K - FORM 10-K - EXPRESS SCRIPTS INC | c54821e10vk.htm |
| EX-3.2 - EX-3.2 - EXPRESS SCRIPTS INC | c54821exv3w2.htm |
| EX-3.1 - EX-3.1 - EXPRESS SCRIPTS INC | c54821exv3w1.htm |
| EX-31.1 - EX-31.1 - EXPRESS SCRIPTS INC | c54821exv31w1.htm |
| EX-32.2 - EX-32.2 - EXPRESS SCRIPTS INC | c54821exv32w2.htm |
| EX-31.2 - EX-31.2 - EXPRESS SCRIPTS INC | c54821exv31w2.htm |
| EX-23.1 - EX-23.1 - EXPRESS SCRIPTS INC | c54821exv23w1.htm |
| EX-32.1 - EX-32.1 - EXPRESS SCRIPTS INC | c54821exv32w1.htm |
| EX-21.1 - EX-21.1 - EXPRESS SCRIPTS INC | c54821exv21w1.htm |
| EX-10.30 - EX-10.30 - EXPRESS SCRIPTS INC | c54821exv10w30.htm |
EXHIBIT 12.1
EXPRESS SCRIPTS, INC.
Calculation of Ratio of Earnings to Fixed Charges
(Dollar amounts in millions)
Calculation of Ratio of Earnings to Fixed Charges
(Dollar amounts in millions)
| Year Ended December 31, | ||||||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||
Income from
continuing operations before income taxes |
$ | 1,309.3 | $ | 1,213.6 | $ | 944.7 | $ | 742.2 | $ | 613.9 | ||||||||||
Add: |
||||||||||||||||||||
Undistributed loss from joint venture |
— | 0.3 | 1.3 | 1.6 | 2.4 | |||||||||||||||
Interest expense |
194.4 | 77.6 | 108.4 | 95.7 | 37.2 | |||||||||||||||
Estimated interest component of rental expense |
9.9 | 10.3 | 10.5 | 9.1 | 8.1 | |||||||||||||||
Income as adjusted |
$ | 1,513.6 | $ | 1,301.8 | $ | 1,064.9 | $ | 848.6 | $ | 661.6 | ||||||||||
Fixed charges: |
||||||||||||||||||||
Interest expense |
194.4 | 77.6 | 108.4 | 95.7 | 37.2 | |||||||||||||||
Estimated interest component of rental expense |
9.9 | 10.3 | 10.5 | 9.1 | 8.1 | |||||||||||||||
Total fixed charges |
$ | 204.3 | $ | 87.9 | $ | 118.9 | $ | 104.8 | $ | 45.3 | ||||||||||
Ratio of Earnings to Fixed Charges |
7.4 | 14.8 | 9.0 | 8.1 | 14.6 | |||||||||||||||
Note: Interest component of rental expense estimated to be 1/3 of rental expense