Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - CONAGRA BRANDS INC. | Financial_Report.xls |
| EX-31.1 - EXHIBIT 31.1 - CONAGRA BRANDS INC. | cag-2x22x2015x10q3ex311.htm |
| EX-31.2 - EXHIBIT 31.2 - CONAGRA BRANDS INC. | cag-2x22x2015x10q3ex312.htm |
| EX-32.1 - EXHIBIT 32.1 - CONAGRA BRANDS INC. | cag-2x22x2015x10q3ex321.htm |
| 10-Q - CAG Q3 FY15 10-Q - CONAGRA BRANDS INC. | cag10q3fy15.htm |
Exhibit 12
ConAgra Foods, Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
($ in millions)
Thirty-nine weeks ended | |||
February 22, 2015 | |||
Earnings: | |||
Loss from continuing operations before income taxes and equity method investment earnings | $ | (777.9 | ) |
Add (deduct): | |||
Fixed charges | 292.4 | ||
Distributed income of equity method investees | 35.8 | ||
Capitalized interest | (4.7 | ) | |
Earnings available for fixed charges (a) | $ | (454.4 | ) |
Fixed charges: | |||
Interest expense | $ | 244.3 | |
Capitalized interest | 4.7 | ||
One third of rental expense (1) | 43.4 | ||
Total fixed charges (b) | $ | 292.4 | |
Ratio of earnings to fixed charges (a/b) (2) | - | ||
(1) Considered to be representative of interest factor in rental expense.
(2) The Company has incurred losses from operations, and as a result, our earnings are insufficient to cover our fixed charges by $746.8 million.