Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - ST JUDE MEDICAL, LLCFinancial_Report.xls
10-Q - FORM 10-Q FOR THE QUARTER ENDED APRIL 2, 2011 - ST JUDE MEDICAL, LLCstjude111369_10q.htm
EX-31.2 - CERTIFICATION OF CFO PURSUANT TO SECTION 302 - ST JUDE MEDICAL, LLCstjude111369_ex31-2.htm
EX-32.2 - CERTIFICATION OF CFO PURSUANT TO SECTION 906 - ST JUDE MEDICAL, LLCstjude111369_ex32-2.htm
EX-32.1 - CERTIFICATION OF CEO PURSUANT TO SECTION 906 - ST JUDE MEDICAL, LLCstjude111369_ex32-1.htm
EX-31.1 - CERTIFICATION OF CEO PURSUANT TO SECTION 302 - ST JUDE MEDICAL, LLCstjude111369_ex31-1.htm

EXHIBIT 12

ST. JUDE MEDICAL, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands of dollars)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three
Months Ended
April 2, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FISCAL YEAR

 

 

 

2010

 

2009

 

2008

 

2007

 

2006

 

EARNINGS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings before income taxes

 

$

295,566

 

$

1,208,803

 

$

1,057,393

 

$

580,768

 

$

710,276

 

$

706,063

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Plus fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense (1)

 

 

17,567

 

 

67,372

 

 

45,603

 

 

72,554

 

 

72,258

 

 

48,461

 

Rent interest factor (2)

 

 

3,028

 

 

12,113

 

 

11,183

 

 

9,527

 

 

9,144

 

 

8,190

 

TOTAL FIXED CHARGES

 

 

20,595

 

 

79,485

 

 

56,786

 

 

82,081

 

 

81,402

 

 

56,651

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EARNINGS BEFORE INCOME TAXES AND FIXED CHARGES

 

$

316,161

 

$

1,288,288

 

$

1,114,179

 

$

662,849

 

$

791,678

 

$

762,714

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RATIO OF EARNINGS TO FIXED CHARGES

 

 

15.4

 

 

16.2

 

 

19.6

 

 

8.1

 

 

9.7

 

 

13.5

 


 

 

 

 

(1)

Interest expense consists of interest on indebtedness and amortization of debt issuance costs.

 

(2)

Approximately one-third of rental expense is deemed representative of the interest factor.