Attached files

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EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SEC RULE 13A-14(A)/15D-14(A - TYSON FOODS, INC.tsn2016q4exh-311.htm
10-K - FORM 10-K - TYSON FOODS, INC.tsn201610kq4.htm
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS - TYSON FOODS, INC.tsn2016q4exh-322.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS - TYSON FOODS, INC.tsn2016q4exh-321.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SEC RULE 13A-14(A - TYSON FOODS, INC.tsn2016q4exh-312.htm
EX-23 - CONSENT OF PRICEWATERHOUSECOOPERS LLP - TYSON FOODS, INC.tsn2016q4exh-23.htm
EX-21 - SUBSIDIARIES OF THE COMPANY - TYSON FOODS, INC.tsn2016q4exh-21subsidiaries.htm
EX-10.68 - EXHIBIT 10.68 - TYSON FOODS, INC.tsn2016q4exh-1068.htm
EXHIBIT 12.1
Ratio of Earnings to Fixed Charges
 
 
 
 
 
 
 
 
 
(dollars in millions)

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fiscal Years
 
2016
 
2015
 
2014
 
2013
 
2012
Earnings:
 
 
 
 
 
 
 
 
 
Income from continuing operations before income taxes and equity method investment earnings
$
2,586

 
$
1,908

 
$
1,241

 
$
1,254

 
$
949

Add: Fixed charges
313

 
358

 
194

 
219

 
264

Add: Amortization of capitalized interest
7

 
5

 
5

 
5

 
5

Less: Capitalized interest
(7
)
 
(10
)
 
(8
)
 
(8
)
 
(10
)
Total adjusted earnings
2,899

 
2,261

 
1,432

 
1,470

 
1,208

Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest
241

 
283

 
122

 
116

 
150

Capitalized interest
7

 
10

 
8

 
8

 
10

Amortization of debt discount expense
8

 
10

 
10

 
28

 
39

Rentals at computed interest factor (1)
57

 
55

 
54

 
67

 
65

Total fixed charges
$
313

 
$
358

 
$
194

 
$
219

 
$
264

 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
9.26

 
6.32

 
7.38

 
6.71

 
4.58


(1) 
Amounts represent those portions of rent expense (one-third) that are reasonable approximations of interest costs.