Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - BARD C R INC /NJ/ | d356292dex322.htm |
| EX-32.1 - EX-32.1 - BARD C R INC /NJ/ | d356292dex321.htm |
| EX-31.2 - EX-31.2 - BARD C R INC /NJ/ | d356292dex312.htm |
| EX-31.1 - EX-31.1 - BARD C R INC /NJ/ | d356292dex311.htm |
| EX-10.45 - EX-10.45 - BARD C R INC /NJ/ | d356292dex1045.htm |
| EX-10.44 - EX-10.44 - BARD C R INC /NJ/ | d356292dex1044.htm |
| 10-Q - FORM 10-Q - BARD C R INC /NJ/ | d356292d10q.htm |
EXHIBIT 12.1
C. R. BARD, INC. AND SUBSIDIARIES
Exhibit 12.1 - Computation of Ratio of Earnings to Fixed Charges
| Three Months Ended March 31, 2017 |
Years Ended December 31, | |||||||||||||||||||||||
| 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||||||
| (dollars in millions) | ||||||||||||||||||||||||
| Earnings from operations before taxes |
$ | 201.5 | $ | 663.7 | $ | 349.4 | $ | 445.8 | $ | 1,213.4 | $ | 732.4 | ||||||||||||
| Add (Deduct): |
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| Fixed charges |
17.3 | 63.2 | 52.8 | 52.9 | 52.4 | 46.1 | ||||||||||||||||||
| Undistributed earnings of equity investments |
— | — | 0.4 | 0.3 | (1.0 | ) | (9.6 | ) | ||||||||||||||||
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| Earnings available for fixed charges |
$ | 218.8 | $ | 726.9 | $ | 402.6 | $ | 499.0 | $ | 1,264.8 | $ | 768.9 | ||||||||||||
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| Fixed charges: |
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| Interest, including amounts capitalized(1) |
$ | 15.1 | $ | 54.5 | $ | 44.9 | $ | 44.8 | $ | 45.0 | $ | 39.6 | ||||||||||||
| Proportion of rent expense deemed to represent interest factor |
2.2 | 8.7 | 7.9 | 8.1 | 7.4 | 6.5 | ||||||||||||||||||
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| Fixed charges |
$ | 17.3 | $ | 63.2 | $ | 52.8 | $ | 52.9 | $ | 52.4 | $ | 46.1 | ||||||||||||
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| Ratio of earnings to fixed charges |
12.65 | 11.50 | 7.63 | 9.43 | 24.14 | 16.68 | ||||||||||||||||||
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| (1) | Interest related to unrecognized tax benefits is included as income tax expense and not included in fixed charges. |