Attached files
file | filename |
---|---|
10-Q - 10-Q - CONAGRA BRANDS INC. | cag10q1fy17.htm |
EX-32.1 - EXHIBIT 32.1 - CONAGRA BRANDS INC. | cag10q1ex321.htm |
EX-31.2 - EXHIBIT 31.2 - CONAGRA BRANDS INC. | cag10q1ex312.htm |
EX-31.1 - EXHIBIT 31.1 - CONAGRA BRANDS INC. | cag10q1ex311.htm |
EX-10.1 - EXHIBIT 10.1 - CONAGRA BRANDS INC. | cag10q1ex101.htm |
Exhibit 12
ConAgra Foods, Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
($ in millions)
Thirteen Weeks Ended | |||
August 28, 2016 | |||
Earnings: | |||
Income from continuing operations before income taxes and equity method investment earnings | $ | 383.6 | |
Add (deduct): | |||
Fixed charges | 76.4 | ||
Distributed income of equity method investees | 14.6 | ||
Capitalized interest | (2.2 | ) | |
Earnings available for fixed charges (a) | $ | 472.4 | |
Fixed charges: | |||
Interest expense | $ | 59.8 | |
Capitalized interest | 2.2 | ||
One third of rental expense (1) | 14.4 | ||
Total fixed charges (b) | $ | 76.4 | |
Ratio of earnings to fixed charges (a/b) | 6.2 |
(1) Considered to be representative of interest factor in rental expense.