Attached files
| file | filename |
|---|---|
| EX-31.1 - CERTIFICATION OF REGISTRANT'S CEO, PURSUANT TO RULE 13A-14(A)/15D-14(A) - JUNIPER NETWORKS INC | jnpr-20140630ex311.htm |
| EX-32.2 - CERTIFICATION OF REGISTRANT'S CFO, PURSUANT TO 18 U.S.C. SECTION 1350 - JUNIPER NETWORKS INC | jnpr-20140630ex322.htm |
| EX-31.2 - CERTIFICATION OF REGISTRANT'S CFO, PURSUANT TO RULE 13A-14(A)/15D-14(A) - JUNIPER NETWORKS INC | jnpr-20140630ex312.htm |
| EX-10.3 - 2006 EQUITY INCENTIVE PLAN, AS AMENDED MAY 21, 2014 - JUNIPER NETWORKS INC | jnpr-20140630ex103.htm |
| EXCEL - IDEA: XBRL DOCUMENT - JUNIPER NETWORKS INC | Financial_Report.xls |
| 10-Q - FORM 10-Q - JUNIPER NETWORKS INC | jnpr-10q20140630.htm |
| EX-32.1 - CERTIFICATION OF REGISTRANT'S CEO, PURSUANT TO 18 U.S.C. SECTION 1350 - JUNIPER NETWORKS INC | jnpr-20140630ex321.htm |
EXHIBIT 12.1
Juniper Networks, Inc.
Statements of Computation of Ratio of Earnings to Fixed Charges
(In millions, except ratios)
(In millions, except ratios)
Six Months Ended June 30, | Years Ended December 31, | ||||||||||||||||||||||
2014(*) | 2013(*) | 2012(*) | 2011(*) | 2010(*) | 2009(*) | ||||||||||||||||||
Earnings for computation of ratio: | |||||||||||||||||||||||
Pre-tax income from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries or income from equity investees | $ | 442.5 | $ | 518.4 | $ | 266.0 | $ | 572.0 | $ | 769.5 | $ | 317.6 | |||||||||||
Fixed charges | 42.4 | 76.1 | 72.0 | 69.2 | 16.8 | 17.0 | |||||||||||||||||
Amortization of capitalized interest | 0.2 | 0.4 | — | — | — | — | |||||||||||||||||
Less: | |||||||||||||||||||||||
Interest capitalized | (1.4 | ) | (1.9 | ) | (7.1 | ) | (1.2 | ) | — | — | |||||||||||||
Noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges | — | — | — | — | (1.3 | ) | — | ||||||||||||||||
Total earnings | $ | 483.7 | $ | 593.0 | $ | 330.9 | $ | 640.0 | $ | 785.0 | $ | 334.6 | |||||||||||
Fixed charges: | |||||||||||||||||||||||
Interest expense | $ | 32.9 | $ | 58.1 | $ | 52.2 | $ | 48.9 | $ | — | $ | — | |||||||||||
Interest capitalized | 1.4 | 1.9 | — | — | — | — | |||||||||||||||||
Amortized premiums, discounts, and capitalized expenses relating to indebtedness | 0.4 | 0.3 | 0.8 | 0.6 | — | — | |||||||||||||||||
Estimate of interest within rental expense | 7.7 | 15.8 | 19.0 | 19.7 | 16.8 | 17.0 | |||||||||||||||||
Total fixed charges | $ | 42.4 | $ | 76.1 | $ | 72.0 | $ | 69.2 | $ | 16.8 | $ | 17.0 | |||||||||||
Ratio of earnings to fixed charges | 11.4 | 7.8 | 4.6 | 9.2 | 46.8 | 19.7 | |||||||||||||||||
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(*) | For these ratios, "earnings" represents income before taxes before adjustment for noncontrolling interests in equity investments and fixed charges, adjusted for interest capitalized and noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges. |