Attached files
| file | filename |
|---|---|
| EX-21 - EX-21 - CHURCH & DWIGHT CO INC /DE/ | chd-ex21_12.htm |
| EX-23.1 - EX-23.1 - CHURCH & DWIGHT CO INC /DE/ | chd-ex231_10.htm |
| EX-32.2 - EX-32.2 - CHURCH & DWIGHT CO INC /DE/ | chd-ex322_17.htm |
| EX-31.1 - EX-31.1 - CHURCH & DWIGHT CO INC /DE/ | chd-ex311_14.htm |
| EX-31.2 - EX-31.2 - CHURCH & DWIGHT CO INC /DE/ | chd-ex312_15.htm |
| EX-10.7 - EX-10.7 - CHURCH & DWIGHT CO INC /DE/ | chd-ex107_632.htm |
| 10-K - 10-K - CHURCH & DWIGHT CO INC /DE/ | chd-10k_20151231.htm |
| EX-32.1 - EX-32.1 - CHURCH & DWIGHT CO INC /DE/ | chd-ex321_16.htm |
EXHIBIT 12
CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES
Exhibit 12 - Ratio of Earning to Fixed Charges
|
(Dollars in millions) |
Years ended December 31 |
|
|||||||||||||||||
|
|
2015 |
|
|
2014 |
|
|
2013 |
|
|
2012 |
|
|
2011 |
|
|||||
|
Interest expense and amortization of debt expense and premium |
$ |
30.5 |
|
|
$ |
27.4 |
|
|
$ |
27.7 |
|
|
$ |
14.0 |
|
|
$ |
8.7 |
|
|
Capitalized interest |
|
0.6 |
|
|
|
0.7 |
|
|
|
0.4 |
|
|
|
0.8 |
|
|
|
1.9 |
|
|
Interest in rent expense |
|
6.1 |
|
|
|
6.2 |
|
|
|
6.9 |
|
|
|
6.8 |
|
|
|
6.0 |
|
|
Total fixed charges |
$ |
37.2 |
|
|
$ |
34.3 |
|
|
$ |
35.0 |
|
|
$ |
21.6 |
|
|
$ |
16.6 |
|
|
Income before Income Taxes |
$ |
635.4 |
|
|
$ |
624.9 |
|
|
$ |
597.8 |
|
|
$ |
542.5 |
|
|
$ |
494.6 |
|
|
Plus: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed Charges |
|
37.2 |
|
|
|
34.3 |
|
|
|
35.0 |
|
|
|
21.6 |
|
|
|
16.6 |
|
|
Amortization of capitalized interest |
|
0.9 |
|
|
|
0.9 |
|
|
|
0.9 |
|
|
|
0.9 |
|
|
|
0.8 |
|
|
Distributed income from equity investment |
|
12.0 |
|
|
|
12.5 |
|
|
|
7.7 |
|
|
|
10.3 |
|
|
|
10.5 |
|
|
Less: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capitalized interest |
|
(0.6 |
) |
|
|
(0.7 |
) |
|
|
(0.4 |
) |
|
|
(0.8 |
) |
|
|
(1.9 |
) |
|
Equity in (earnings) losses of affiliates |
|
5.8 |
|
|
|
(11.6 |
) |
|
|
(2.8 |
) |
|
|
(8.9 |
) |
|
|
(10.0 |
) |
|
Earnings as adjusted |
$ |
690.7 |
|
|
$ |
660.3 |
|
|
$ |
638.2 |
|
|
$ |
565.6 |
|
|
$ |
510.6 |
|
|
Ratio of earnings to fixed charges |
|
18.6 |
|
|
|
19.3 |
|
|
|
18.2 |
|
|
|
26.2 |
|
|
|
30.8 |
|