Attached files
| file | filename |
|---|---|
| EX-32 - EX-32 - J M SMUCKER Co | d39655dex32.htm |
| EX-31.2 - EX-31.2 - J M SMUCKER Co | d39655dex312.htm |
| EX-10.1 - EX-10.1 - J M SMUCKER Co | d39655dex101.htm |
| EX-31.1 - EX-31.1 - J M SMUCKER Co | d39655dex311.htm |
| 10-Q - FORM 10-Q - J M SMUCKER Co | d39655d10q.htm |
Exhibit 12.1
The J. M. Smucker Company
Computation of Ratio of Earnings to Fixed Charges
(in millions of dollars)
| July 31, 2015 | ||||
| Three Months Ended | ||||
| Earnings before fixed charges: |
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| Income before income taxes |
$ | 222.8 | ||
| Total fixed charges |
50.5 | |||
| Less: capitalized interest |
(0.4 | ) | ||
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| Earnings available for fixed charges |
$ | 272.9 | ||
| Fixed charges: |
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| Interest and other debt expense, net of capitalized interest |
$ | 44.8 | ||
| Capitalized interest |
0.4 | |||
| Estimated interest portion of rent expense (A) |
5.3 | |||
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| Total fixed charges |
$ | 50.5 | ||
| Ratio of earnings to fixed charges |
5.4 | |||
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| (A) | For purposes of this calculation, management estimates approximately one-third of rent expense is representative of interest expense. |