Attached files
| file | filename |
|---|---|
| 10-K - 2016 FORM 10-K - ManpowerGroup Inc. | man-123116x10k.htm |
| EX-32.2 - EXHIBIT 32.2 - ManpowerGroup Inc. | a10k2016exhibit322.htm |
| EX-32.1 - EXHIBIT 32.1 - ManpowerGroup Inc. | a10k2016exhibit321.htm |
| EX-31.2 - EXHIBIT 31.2 - ManpowerGroup Inc. | a10k2016exhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 - ManpowerGroup Inc. | a10k2016exhibit311.htm |
| EX-24 - EXHIBIT 24 - ManpowerGroup Inc. | a10k2016exhibit24.htm |
| EX-23.1 - EXHIBIT 23.1 - ManpowerGroup Inc. | a10k2016exhibit231.htm |
| EX-21 - EXHIBIT 21 - ManpowerGroup Inc. | a10k2016exhibit21.htm |
| EX-13 - EXHIBIT 13 - ManpowerGroup Inc. | a10k2016exhibit13.htm |
| EX-10.9(C) - EXHIBIT 10.9(C) - ManpowerGroup Inc. | a10k2016exhibit109c.htm |
| EX-10.9(B) - EXHIBIT 10.9(B) - ManpowerGroup Inc. | a10k2016exhibit109b.htm |
Exhibit 12.1
STATEMENT REGARDING COMPUTATION
OF RATIO OF EARNINGS TO FIXED CHARGES
MANPOWERGROUP INC.
(in millions)
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Earnings before income taxes | $ | 701.3 | $ | 660.7 | $ | 681.6 | $ | 475.5 | $ | 368.4 | ||||||||||
Fixed charges | 93.0 | 118.4 | 133.6 | 159.7 | 165.1 | |||||||||||||||
$ | 794.3 | $ | 779.1 | $ | 815.2 | $ | 635.2 | $ | 533.5 | |||||||||||
Fixed charges: | ||||||||||||||||||||
Interest (expensed or capitalized) | $ | 38.1 | $ | 38.6 | $ | 35.1 | $ | 43.2 | $ | 42.5 | ||||||||||
Estimated interest portion of rent expense | 54.9 | 79.8 | 98.5 | 116.5 | 122.6 | |||||||||||||||
$ | 93.0 | $ | 118.4 | $ | 133.6 | $ | 159.7 | $ | 165.1 | |||||||||||
Ratio of earnings to fixed charges | 8.5 | 6.6 | 6.1 | 4.0 | 3.2 | |||||||||||||||
Note: | The calculation of ratio of earnings to fixed charges set forth above is in accordance with Regulation S-K, Item 601(b)(12). This calculation is different than the fixed charge ratio that is required by our various borrowing facilities. |