LABORATORY CORP OF AMERICA HOLDINGS - FORM 10-Q - EX-12.1 - EXHIBIT 12.1 - April 28, 2010

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EXCEL - IDEA: XBRL DOCUMENT - LABORATORY CORP OF AMERICA HOLDINGSFinancial_Report.xls
10-Q - FORM 10-Q - LABORATORY CORP OF AMERICA HOLDINGSlabcorp10q.htm
EX-32 - EXHIBIT 32 - LABORATORY CORP OF AMERICA HOLDINGSex32.htm
EX-10.2 - EXHIBIT 10.2 - LABORATORY CORP OF AMERICA HOLDINGSex10_2.htm
EX-31.2 - EXHIBIT 31.2 - LABORATORY CORP OF AMERICA HOLDINGSex31_2.htm
EX-31.1 - EXHIBIT 31.1 - LABORATORY CORP OF AMERICA HOLDINGSex31_1.htm
EX-10.1 - EXHIBIT 10.1 - LABORATORY CORP OF AMERICA HOLDINGSex10_1.htm

                                 
EXHIBIT 12.1
  
                                     
STATEMENT OF COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
  
(dollars in millions, except ratio information)
  
                                     
                                  Three Months  
                                  Ended  
   
Fiscal Years Ended December 31,
    
March 31,
  
   
2005
    
2006
    
2007
    
2008
    
2009
    
2010
  
Income from continuing operations
                                    
   before income taxes
     640.7       720.9       802.3       785.7       884.6       223.1  
Fixed Charges:
                                                
   Interest on long-term and
                                                
     short-term debt including
                                                
     amortization of debt expense
     34.4       47.8       56.6       72.0       62.9       14.6  
                                                 
   Portion of rental expense as can be
                                                
     demonstrated to be representative
                                                
     of the interest factor
     39.9       43.6       53.0       58.4       61.0       16.1  
                                                 
 Total fixed charges
     74.3       91.4       109.6       130.4       123.9       30.7  
                                                 
Earnings before income taxes and
                                                
   fixed charges
     715.0       812.3       911.9       916.1       1,008.5       253.8  
                                                 
Ratio of earnings to fixed charges
     9.62       8.89       8.32       7.03       8.14       8.27  
                                                 

LABORATORY CORP OF AMERICA HOLDINGS Reports