Attached files
file | filename |
---|---|
10-Q - FORM 10-Q - LEGGETT & PLATT INC | d10q.htm |
EX-32.2 - SECTION 906 CERTIFICATION OF CFO - LEGGETT & PLATT INC | dex322.htm |
EX-31.1 - SECTION 302 CERTIFICATION OF CEO - LEGGETT & PLATT INC | dex311.htm |
EX-31.2 - SECTION 302 CERTIFICATION OF CFO - LEGGETT & PLATT INC | dex312.htm |
EX-32.1 - SECTION 906 CERTIFICATION OF CEO - LEGGETT & PLATT INC | dex321.htm |
EXCEL - IDEA: XBRL DOCUMENT - LEGGETT & PLATT INC | Financial_Report.xls |
Exhibit 12
LEGGETT AND PLATT, INCORPORATED AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Amounts in millions of dollars)
Nine Months Ended |
Twelve Months Ended December 31, |
|||||||||||||||||||||||||||
9/30/10 | 9/30/09 | 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||||||
Earnings |
||||||||||||||||||||||||||||
Income from continuing operations before income taxes* |
$ | 214.1 | $ | 129.7 | $ | 198.4 | $ | 192.6 | $ | 147.3 | $ | 339.1 | $ | 305.6 | ||||||||||||||
Interest expense (excluding amount capitalized) |
27.9 | 29.1 | 37.4 | 49.5 | 60.9 | 56.2 | 46.7 | |||||||||||||||||||||
Portion of rental expense under operating leases representative of an interest factor** |
13.9 | 17.7 | 16.9 | 21.5 | 24.3 | 24.9 | 14.0 | |||||||||||||||||||||
Total earnings*** |
$ | 255.9 | $ | 176.5 | $ | 252.7 | $ | 263.6 | $ | 232.5 | $ | 420.2 | $ | 366.3 | ||||||||||||||
Fixed charges |
||||||||||||||||||||||||||||
Interest expense (including amount capitalized) |
$ | 28.6 | $ | 29.8 | $ | 38.3 | $ | 50.5 | $ | 61.9 | $ | 57.8 | $ | 48.3 | ||||||||||||||
Portion of rental expense under operating leases representative of an interest factor** |
13.9 | 17.7 | 16.9 | 21.5 | 24.3 | 24.9 | 14.0 | |||||||||||||||||||||
Total fixed charges |
$ | 42.5 | $ | 47.5 | $ | 55.2 | $ | 72.0 | $ | 86.2 | $ | 82.7 | $ | 62.3 | ||||||||||||||
Ratio of earnings to fixed charges |
6.0 | 3.7 | 4.6 | 3.7 | 2.7 | 5.1 | 5.9 | |||||||||||||||||||||
* | 2005 through 2008 amounts have been retrospectively adjusted to include noncontrolling interest. |
** | Estimated portion of rent expense representing interest. |
*** | Earnings consist principally of income from continuing operations before income taxes, plus fixed charges less capitalized interest. Fixed charges consist principally of interest costs. |