Attached files
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EXCEL - IDEA: XBRL DOCUMENT - BARD C R INC /NJ/ | Financial_Report.xls |
EX-32.2 - EX-32.2 - BARD C R INC /NJ/ | d732355dex322.htm |
EX-32.1 - EX-32.1 - BARD C R INC /NJ/ | d732355dex321.htm |
EX-31.1 - EX-31.1 - BARD C R INC /NJ/ | d732355dex311.htm |
EX-31.2 - EX-31.2 - BARD C R INC /NJ/ | d732355dex312.htm |
10-Q - 10-Q - BARD C R INC /NJ/ | d732355d10q.htm |
EXHIBIT 12.1
C. R. BARD, INC. AND SUBSIDIARIES
Exhibit 12.1 - Computation of Ratio of Earnings to Fixed Charges
Six Months Ended June 30, 2014 |
Years Ended December 31, | |||||||||||||||||||||||
2013 | 2012 | 2011 | 2010 | 2009 | ||||||||||||||||||||
(dollars in millions) | ||||||||||||||||||||||||
Earnings from operations before taxes |
$ | 90.8 | $ | 1,213.4 | $ | 732.4 | $ | 510.8 | $ | 717.7 | $ | 671.5 | ||||||||||||
Add (Deduct): |
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Fixed charges |
26.1 | 52.4 | 46.1 | 42.7 | 18.4 | 17.5 | ||||||||||||||||||
Undistributed earnings of equity investments |
(0.3 | ) | (1.0 | ) | (9.6 | ) | (3.8 | ) | (3.6 | ) | (2.3 | ) | ||||||||||||
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Earnings available for fixed charges |
$ | 116.6 | $ | 1,264.8 | $ | 768.9 | $ | 549.7 | $ | 732.5 | $ | 686.7 | ||||||||||||
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Fixed charges: |
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Interest, including amounts capitalized(1) |
$ | 22.4 | $ | 45.0 | $ | 39.6 | $ | 36.4 | $ | 12.7 | $ | 11.8 | ||||||||||||
Proportion of rent expense deemed to represent interest factor |
3.7 | 7.4 | 6.5 | 6.3 | 5.7 | 5.7 | ||||||||||||||||||
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Fixed charges |
$ | 26.1 | $ | 52.4 | $ | 46.1 | $ | 42.7 | $ | 18.4 | $ | 17.5 | ||||||||||||
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Ratio of earnings to fixed charges |
4.47 | 24.14 | 16.68 | 12.87 | 39.81 | 39.24 | ||||||||||||||||||
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(1) | Interest related to unrecognized tax benefits is included as income tax expense and not included in fixed charges. |