Attached files
| file | filename |
|---|---|
| EX-23.1 - EX-23.1 - Apple Inc. | d17062dex231.htm |
| EX-31.1 - EX-31.1 - Apple Inc. | d17062dex311.htm |
| EX-31.2 - EX-31.2 - Apple Inc. | d17062dex312.htm |
| 10-K - FORM 10-K - Apple Inc. | d17062d10k.htm |
| EX-32.1 - EX-32.1 - Apple Inc. | d17062dex321.htm |
| EX-21.1 - EX-21.1 - Apple Inc. | d17062dex211.htm |
Exhibit 12.1
Apple Inc.
Computation of Ratio of Earnings to Fixed Charges
(In millions, except ratios)
| Years ended | ||||||||||||||||||||
| September 26, 2015 |
September 27, 2014 |
September 28, 2013 |
September 29, 2012 |
September 24, 2011 |
||||||||||||||||
| Earnings: |
||||||||||||||||||||
| Earnings before provision for income taxes |
$ | 72,515 | $ | 53,483 | $ | 50,155 | $ | 55,763 | $ | 34,205 | ||||||||||
| Add: Fixed Charges |
892 | 527 | 265 | 98 | 68 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Total Earnings |
$ | 73,407 | $ | 54,010 | $ | 50,420 | $ | 55,861 | $ | 34,273 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Fixed Charges (1): |
||||||||||||||||||||
| Interest Expense |
$ | 733 | $ | 384 | $ | 136 | $ | 0 | $ | 0 | ||||||||||
| Interest component of rental expense |
159 | 143 | 129 | 98 | 68 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Total Fixed Charges |
$ | 892 | $ | 527 | $ | 265 | $ | 98 | $ | 68 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Ratio of Earnings to Fixed Charges (2) |
82 | 102 | 190 | 570 | 504 | |||||||||||||||
| (1) | Fixed charges include the portion of rental expense that management believes is representative of the interest component. |
| (2) | The ratio of earnings to fixed charges is computed by dividing Total Earnings by Total Fixed Charges. |