Attached files
| file | filename |
|---|---|
| EX-32.1 - EX-32.1 - BARD C R INC /NJ/ | d57508dex321.htm |
| EX-32.2 - EX-32.2 - BARD C R INC /NJ/ | d57508dex322.htm |
| EX-31.1 - EX-31.1 - BARD C R INC /NJ/ | d57508dex311.htm |
| 10-Q - 10-Q - BARD C R INC /NJ/ | d57508d10q.htm |
| EX-31.2 - EX-31.2 - BARD C R INC /NJ/ | d57508dex312.htm |
EXHIBIT 12.1
C. R. BARD, INC. AND SUBSIDIARIES
Exhibit 12.1 - Computation of Ratio of Earnings to Fixed Charges
| Nine Months Ended September 30, 2015 |
Years Ended December 31, | |||||||||||||||||||||||
| 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||||||
| (dollars in millions) | ||||||||||||||||||||||||
| Earnings from operations before taxes |
$ | 191.4 | $ | 445.8 | $ | 1,213.4 | $ | 732.4 | $ | 510.8 | $ | 717.7 | ||||||||||||
| Add (Deduct): |
||||||||||||||||||||||||
| Fixed charges |
39.8 | 52.9 | 52.4 | 46.1 | 42.7 | 18.4 | ||||||||||||||||||
| Undistributed earnings of equity investments |
1.4 | 0.3 | (1.0 | ) | (9.6 | ) | (3.8 | ) | (3.6 | ) | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| Earnings available for fixed charges |
$ | 232.6 | $ | 499.0 | $ | 1,264.8 | $ | 768.9 | $ | 549.7 | $ | 732.5 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| Fixed charges: |
||||||||||||||||||||||||
| Interest, including amounts capitalized(1) |
$ | 33.7 | $ | 44.8 | $ | 45.0 | $ | 39.6 | $ | 36.4 | $ | 12.7 | ||||||||||||
| Proportion of rent expense deemed to represent interest factor |
6.1 | 8.1 | 7.4 | 6.5 | 6.3 | 5.7 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| Fixed charges |
$ | 39.8 | $ | 52.9 | $ | 52.4 | $ | 46.1 | $ | 42.7 | $ | 18.4 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| Ratio of earnings to fixed charges |
5.84 | 9.43 | 24.14 | 16.68 | 12.87 | 39.81 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| (1) | Interest related to unrecognized tax benefits is included as income tax expense and not included in fixed charges. |