DARDEN RESTAURANTS INC - FORM 10-Q - EX-12 - COMPUTATION OF RATIO OF CONSOLIDATED EARNINGS TO FIXED CHARGES - October 2, 2015

Attached files

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EX-10.12 - AGREEMENT - DARDEN RESTAURANTS INCex1012q1fy16.htm
EX-10.11 - AGREEMENT - DARDEN RESTAURANTS INCex1011q1fy16.htm
EX-10.14 - AGREEMENT - DARDEN RESTAURANTS INCex1014q1fy16.htm
EX-10.15 - AGREEMENT - DARDEN RESTAURANTS INCex1015q1fy16.htm
EX-10.18 - AGREEMENT - DARDEN RESTAURANTS INCex1018q1fy16.htm
EX-31.B - SECTION 302 CERTIFICATION OF CFO - DARDEN RESTAURANTS INCex31bq1fy16.htm
10-Q - FORM 10-Q - DARDEN RESTAURANTS INCq1fy1610-q.htm
EX-31.A - SECTION 302 CERTIFICATION OF CEO - DARDEN RESTAURANTS INCex31aq1fy16.htm
EX-32.B - SECTION 906 CERTIFICATION OF CFO - DARDEN RESTAURANTS INCex32bq1fy16.htm
EX-32.A - SECTION 906 CERTIFICATION OF CEO - DARDEN RESTAURANTS INCex32aq1fy16.htm
EX-10.13 - AGREEMENT - DARDEN RESTAURANTS INCex1013q1fy16.htm
EX-10.16 - AGREEMENT - DARDEN RESTAURANTS INCex1016q1fy16.htm
EX-10.17 - AGREEMENT - DARDEN RESTAURANTS INCex1017q1fy16.htm


EXHIBIT 12


DARDEN RESTAURANTS, INC.
COMPUTATION OF RATIO OF CONSOLIDATED EARNINGS TO FIXED CHARGES
(Dollar amounts in millions)
(Unaudited)

 
Three Months Ended
 
August 30,
2015
 
August 24,
2014
Consolidated earnings from continuing operations before income taxes
$
111.8

 
$
(43.7
)
Plus fixed charges:
 
 
 
   Gross interest expense (1)
23.0

 
111.5

   40% of restaurant and equipment minimum rent expense
17.4

 
15.7

       Total fixed charges
40.4

 
127.2

Less capitalized interest
(0.2
)
 
(0.1
)
Consolidated earnings from continuing operations before income taxes available to cover fixed charges
$
152.0

 
$
83.4

Ratio of consolidated earnings from continuing operations to fixed charges
3.8

 
0.7

                                                                              
(1) Gross interest expense includes interest recognized in connection with our unrecognized income tax benefits



DARDEN RESTAURANTS INC Reports