Attached files

file filename
10-Q - TYSON FOODS, INC. FORM 10-Q 04/03/2010 - TYSON FOODS, INC.form10q_04032010.htm
EX-32.1 - TYSON FOODS, INC. EXHIBIT 32.1 - TYSON FOODS, INC.exhibit_321.htm
EX-31.1 - TYSON FOODS, INC. EXHIBIT 31.1 - TYSON FOODS, INC.exhibit_311.htm
EX-32.2 - TYSON FOODS, INC. EXHIBIT 32.2 - TYSON FOODS, INC.exhibit_322.htm
EX-10.1 - TYSON FOODS, INC. EXHIBIT 10.1 - TYSON FOODS, INC.exhibit_101.htm
EX-31.2 - TYSON FOODS, INC. EXHIBIT 31.2 - TYSON FOODS, INC.exhibit_312.htm


 
EXHIBIT 12.1
 
Computation of Ratio of Earnings to Fixed Charges
 

(dollars in millions)
 
Six
       
   
Months
       
   
Ending
   
Fiscal Years
 
   
April 3,
                               
   
2010
   
2009
   
2008
   
2007
   
2006
   
2005
 
Earnings:
                                   
Income (loss) from continuing operations
                                   
before income taxes
  $ 485     $ (543 )   $ 154     $ 410     $ (268 )   $ 441  
Add: Fixed charges
    217       388       272       278       325       277  
Add: Amortization of capitalized interest
    2       4       4       3       3       2  
Less: Capitalized interest
    (6 )     (3 )     (3 )     (2 )     (8 )     (6 )
Total adjusted earnings
    698       (154 )     427       689       52       714  
                                                 
Fixed Charges:
                                               
Interest
    157       289       212       228       263       226  
Capitalized interest
    6       3       3       2       8       6  
Amortization of debt discount expense
    23       38       3       4       5       6  
Rentals at computed interest factor (1)
    31       58       54       44       49       39  
Total fixed charges
  $ 217     $ 388     $ 272     $ 278     $ 325     $ 277  
                                                 
Ratio of Earnings to Fixed Charges
    3.22       -       1.57       2.48       -       2.58  
                                                 
Insufficient Coverage
  $ -     $ 542     $ -     $ -     $ 273     $ -  
                                                 

 
(1)  
Amounts represent those portions of rent expense (one-third) that are reasonable approximations of interest costs.