Attached files

file filename
EX-32.1 - EXHIBIT 32.1 - CONAGRA BRANDS INC.cag-10q2ex321.htm
EX-31.2 - EXHIBIT 31.2 - CONAGRA BRANDS INC.cag-10q2ex312.htm
EX-31.1 - EXHIBIT 31.1 - CONAGRA BRANDS INC.cag-10q2ex311.htm
EX-10.2 - EXHIBIT 10.2 - CONAGRA BRANDS INC.cag-10q2ex102.htm
10-Q - 10-Q - CONAGRA BRANDS INC.cag-10q2fy17.htm


Exhibit 12
Conagra Brands, Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
($ in millions)



 
Twenty-six weeks ended
November 27, 2016
Earnings:
 
Income from continuing operations before income taxes and equity method investment earnings
$
430.2

Add (deduct):
 
Fixed charges
131.5

Distributed income of equity method investees
7.0

Capitalized interest
(4.1
)
Earnings available for fixed charges (a)
$
564.6

 
 
Fixed charges:
 
Interest expense
$
113.9

Capitalized interest
4.1

One third of rental expense (1)
13.5

Total fixed charges (b)
$
131.5

 
 
Ratio of earnings to fixed charges (a/b)
4.3


(1) Considered to be representative of interest factor in rental expense.