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.