Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - FMC CORPFinancial_Report.xls
EX-15 - AWARENESS LETTER OF KPMG LLP - FMC CORPdex15.htm
EX-32.2 - CFO CERTIFICATION OF QUARTERLY REPORT - FMC CORPdex322.htm
EX-31.1 - CHIEF EXECUTIVE OFFICER CERTIFICATION - FMC CORPdex311.htm
EX-32.1 - CEO CERTIFICATION OF QUARTERLY REPORT - FMC CORPdex321.htm
10-Q - FORM 10-Q - FMC CORPd10q.htm
EX-31.2 - CHIEF FINANCIAL OFFICER CERTIFICATION - FMC CORPdex312.htm

Exhibit: 12

FMC CORPORATION

STATEMENTS OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

(in Millions, Except Ratios)    Three Months Ended
March 31,
 
     2010     2009  

Earnings:

    

Income from continuing operations before income taxes

   $ 126.8      $ 108.7   

Equity in (earnings) loss of affiliates

     (0.9     (1.7

Interest expense and amortization of debt discount, fees and expenses

     10.0        7.0   

Amortization of capitalized interest

     0.9        0.9   

Interest included in rental expense

     1.6        1.3   
                

Total earnings

   $ 138.4      $ 116.2   
                

Fixed charges:

    

Interest expense and amortization of debt discount, fees and expenses

   $ 10.0      $ 7.0   

Interest capitalized as part of fixed assets

     1.6        1.0   

Interest included in rental expense

     1.6        1.3   
                

Total fixed charges

   $ 13.2      $ 9.3   
                

Ratio of earnings to fixed charges (1)

     10.5        12.5   
                

 

(1) In calculating this ratio, earnings consist of income (loss) from continuing operations before income taxes plus interest expense, amortization expense related to debt discounts, fees and expenses, amortization of capitalized interest, interest included in rental expenses (assumed to be one-third of rent) and Equity in (earnings) loss of affiliates. Fixed charges consist of interest expense, amortization of debt discounts, fees and expenses, interest capitalized as part of fixed assets and interest included in rental expenses.