Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - CAMPBELL SOUP CO | d385353d8k.htm |
| EX-4.1 - FORM OF FIRST SUPPLEMENTAL INDENTURE - CAMPBELL SOUP CO | d385353dex41.htm |
| EX-1.1 - UNDERWRITING AGREEMENT - CAMPBELL SOUP CO | d385353dex11.htm |
| EX-5.1 - OPINION AND CONSENT OF MARK MIGLIACCIO, SENIOR CORPORATE COUNSEL OF CAMPBELL - CAMPBELL SOUP CO | d385353dex51.htm |
Exhibit 12.1
Campbell Soup Company
Ratio of Earnings to Fixed Charges
| Nine Months Ended 4/29/12 |
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| Earnings |
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| Earnings from continuing operations before taxes |
$ | 928 | ||
| Amortization of capitalized interest |
3 | |||
| Fixed charges |
103 | |||
| Capitalized interest |
(2 | ) | ||
|
|
|
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| Earnings |
$ | 1,032 | ||
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|
|
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| Fixed Charges |
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| Gross interest: |
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| Interest expense |
$ | 87 | ||
| Capitalized interest |
2 | |||
| Amortization of debt issuance costs |
2 | |||
| Interest portion of rent |
12 | |||
| Fixed Charges |
$ | 103 | ||
|
|
|
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| Ratio of Earnings to Fixed Charges |
10.0 | |||
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|
|
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The ratio of earnings to fixed charges was computed by dividing our earnings by fixed charges. For this purpose, earnings include the sum of earnings from continuing operations before taxes, amortization of capitalized interest, and fixed charges, less capitalized interest. Fixed charges include interest expense, capitalized interest, amortization of debt expenses and the estimated interest components of rentals. All amounts are on an as reported basis. In the nine months ended April 29, 2012, we recorded pre-tax restructuring charges of $9 million.