LABORATORY CORP OF AMERICA HOLDINGS - FORM 10-K - EX-12.1 - EXHIBIT 12.1 - March 1, 2011

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10-K - FORM 10-K - LABORATORY CORP OF AMERICA HOLDINGSlabcorp10k.htm
EX-32 - EXHIBIT 32 - LABORATORY CORP OF AMERICA HOLDINGSex32.htm
EX-31.1 - EXHIBIT 31.1 - LABORATORY CORP OF AMERICA HOLDINGSex31-1.htm
EX-24.1 - EXHIBIT 24.1 - LABORATORY CORP OF AMERICA HOLDINGSex24-1.htm
EX-24.6 - EXHIBIT 24.6 - LABORATORY CORP OF AMERICA HOLDINGSex24-6.htm
EX-24.5 - EXHIBIT 24.5 - LABORATORY CORP OF AMERICA HOLDINGSex24-5.htm
EX-31.2 - EXHIBIT 31.2 - LABORATORY CORP OF AMERICA HOLDINGSex31-2.htm
EX-24.3 - EXHIBIT 24.3 - LABORATORY CORP OF AMERICA HOLDINGSex24-3.htm
EX-24.2 - EXHIBIT 24.2 - LABORATORY CORP OF AMERICA HOLDINGSex24-2.htm
EX-24.4 - EXHIBIT 24.4 - LABORATORY CORP OF AMERICA HOLDINGSex24-4.htm
EX-24.7 - EXHIBIT 24.7 - LABORATORY CORP OF AMERICA HOLDINGSex24-7.htm
EX-24.9 - EXHIBIT 24.9 - LABORATORY CORP OF AMERICA HOLDINGSex24-9.htm
EX-21 - EXHIBIT 21 - LABORATORY CORP OF AMERICA HOLDINGSex21_subs.htm
EX-23.1 - EXHIBIT 23.1 - LABORATORY CORP OF AMERICA HOLDINGSex23-1_cons.htm
EX-24.8 - EXHIBIT 24.8 - LABORATORY CORP OF AMERICA HOLDINGSex24-8.htm
 
                     
EXHIBIT 12.1
  
                               
STATEMENT OF COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
  
(dollars in millions, except ratio information)
  
                               
   
Fiscal Years Ended December 31,
  
   
2006
    
2007
    
2008
    
2009
    
2010
  
Income from continuing operations
                              
   before income taxes
     720.9       802.3       785.7       884.6       915.6  
Fixed Charges:
                                        
   Interest on long-term and
                                        
     short-term debt including
                                        
     amortization of debt expense
     47.8       56.6       72.0       62.9       70.0  
                                         
   Portion of rental expense as can be
                                        
     demonstrated to be representative
                                        
     of the interest factor
     43.6       53.0       58.4       61.0       67.4  
                                         
 Total fixed charges
     91.4       109.6       130.4       123.9       137.4  
                                         
Earnings before income taxes and
                                        
   fixed charges
     812.3       911.9       916.1       1,008.5       1,053.0  
                                         
Ratio of earnings to fixed charges
     8.89       8.32       7.03       8.14       7.66  

LABORATORY CORP OF AMERICA HOLDINGS Reports