PEPSICO INC - FORM 10-Q - EX-12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - April 23, 2010

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EXCEL - IDEA: XBRL DOCUMENT - PEPSICO INCFinancial_Report.xls
EX-4.6 - FORM OF PEPSIAMERICAS, INC. 7.625% NOTES DUE 2015 - PEPSICO INCdex46.htm
EX-32 - CERTIFICATIONS OF CEO AND CFO PURSUANT TO SECTION 906 - PEPSICO INCdex32.htm
EX-4.9 - FORM OF PEPSIAMERICAS, INC. 4.50% NOTES DUE 2013 - PEPSICO INCdex49.htm
EX-15 - LETTER RE: UNAUDITED INTERIM FINANCIAL INFORMATION - PEPSICO INCdex15.htm
EX-31 - CERTIFICATIONS OF CEO AND CFO PURSUANT TO SECTION 302 - PEPSICO INCdex31.htm
EX-4.8 - FORM OF PEPSIAMERICAS, INC. 7.44% NOTES DUE 2026 - PEPSICO INCdex48.htm
EX-4.7 - FORM OF PEPSIAMERICAS, INC. 7.29% NOTES DUE 2026 - PEPSICO INCdex47.htm
EX-4.17 - FORM OF PEPSIAMERICAS, INC. 5.50% NOTES DUE 2035 - PEPSICO INCdex417.htm
EX-4.15 - FORM OF PEPSIAMERICAS, INC. 4.875% NOTES DUE 2015 - PEPSICO INCdex415.htm
EX-4.16 - FORM OF PEPSIAMERICAS, INC. 5.00% NOTES DUE 2017 - PEPSICO INCdex416.htm
EX-10.12 - AMENDMENT TO THE PEPSICO PENSION EQUALIZATION PLAN - PEPSICO INCdex1012.htm
EX-10.13 - SPECIFIED EMPLOYEE AMENDMENTS - PEPSICO INCdex1013.htm
EX-10.11 - AMENDMENT TO THE PEPSICO EXECUTIVE INCOME DEFERRAL PROGRAM - PEPSICO INCdex1011.htm
10-Q - FORM 10-Q - PEPSICO INCd10q.htm

EXHIBIT 12

PEPSICO, INC. AND SUBSIDIARIES

Computation of Ratio of Earnings to Fixed Charges

(in millions except ratio amounts, unaudited)

 

     12 Weeks Ended  
     3/20/10    3/21/09  

Earnings:

      

Income before income taxes

    $ 1,401    $ 1,515   

Unconsolidated affiliates interests, net

      50      (31 ) 

Amortization of capitalized interest

      1      1   

Interest expense(a)

      154      98   

Interest portion of rent expense(b)

      34      29   
               

Earnings available for fixed charges

    $ 1,640    $ 1,612   
               

Fixed Charges:

      

Interest expense(a)

    $ 154    $ 98   

Capitalized interest

      2      2   

Interest portion of rent expense(b)

      34      29   
               

Total fixed charges

    $ 190    $ 129   
               

Ratio of Earnings to Fixed Charges(c)

      8.64      12.52   
               

 

(a)

Excludes interest related to our reserves for income taxes as such interest is included in provision for income taxes.

 

(b)

One-third of net rent expense is the portion deemed representative of the interest factor.

 

(c)

Based on unrounded amounts.

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