Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - HOSPIRA INC | Financial_Report.xls |
| EX-31.1 - EXHIBIT 31.1 - HOSPIRA INC | hsp-ex311_2015331x10q.htm |
| EX-31.2 - EXHIBIT 31.2 - HOSPIRA INC | hsp-ex312_2015331x10q.htm |
| EX-32.2 - EXHIBIT 32.2 - HOSPIRA INC | hsp-ex322_2015331x10q.htm |
| EX-32.1 - EXHIBIT 32.1 - HOSPIRA INC | hsp-ex321_2015331x10q.htm |
| 10-Q - 10-Q - HOSPIRA INC | hsp-2015331x10q.htm |
Exhibit 12.1
Hospira, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(dollars in millions)
Three Months Ended | |||
March 31, 2015 | |||
Income from Continuing Operations Before Income Taxes and Equity Income | $ | 121.9 | |
Add: | |||
One-third of rents | 2.8 | ||
Interest expense | 15.0 | ||
Amortization of capitalized interest | 2.8 | ||
Earnings from Continuing Operations | $ | 142.5 | |
Fixed charges: | |||
One-third of rents | $ | 2.8 | |
Interest expense | 15.0 | ||
Interest capitalized | 9.5 | ||
Fixed Charges from Continuing Operations | $ | 27.3 | |
Ratio of Earnings to Fixed Charges from Continuing Operations | 5.2 | ||
For purposes of computing this ratio, “earnings” consist of income from continuing operations before income taxes and equity income, one-third of rents (deemed by Hospira to be representative of the interest factor inherent in rents), interest expense and amortization of capitalized interest. “Fixed charges” consist of one-third of rents, interest expense and interest capitalized.