Attached files

file filename
EX-32.2 - EX-32.2 - BARD C R INC /NJ/d298442dex322.htm
EX-32.1 - EX-32.1 - BARD C R INC /NJ/d298442dex321.htm
EX-31.2 - EX-31.2 - BARD C R INC /NJ/d298442dex312.htm
EX-31.1 - EX-31.1 - BARD C R INC /NJ/d298442dex311.htm
EX-23.1 - EX-23.1 - BARD C R INC /NJ/d298442dex231.htm
EX-21 - EX-21 - BARD C R INC /NJ/d298442dex21.htm
EX-10.43 - EX-10.43 - BARD C R INC /NJ/d298442dex1043.htm
10-K - FORM 10-K - BARD C R INC /NJ/d298442d10k.htm

Exhibit 12.1 - Computation of Ratio of Earnings to Fixed Charges

 

(dollars in millions)    2016      2015      2014      2013     2012  

Earnings from operations before taxes

   $ 663.7       $ 349.4       $ 445.8       $ 1,213.4      $ 732.4   

Add (Deduct):

             

Fixed charges

     63.2         52.8         52.9         52.4        46.1   

Undistributed earnings of equity investments

     —           0.4         0.3         (1.0     (9.6
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Earnings available for fixed charges

   $ 726.9       $ 402.6       $ 499.0       $ 1,264.8      $ 768.9   
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Fixed charges:

             

Interest, including amounts capitalized(1)

   $ 54.5       $ 44.9       $ 44.8       $ 45.0      $ 39.6   

Proportion of rent expense deemed to represent interest factor

     8.7         7.9         8.1         7.4        6.5   
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Fixed charges

   $ 63.2       $ 52.8       $ 52.9       $ 52.4      $ 46.1   
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Ratio of earnings to fixed charges

     11.50         7.63         9.43         24.14        16.68   
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

(1)  Interest related to unrecognized tax benefits is included as income tax expense and not included in fixed charges.

 

Exhibit 12.1