Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 SECTION 906 CERTIFICATION OF MATTHEW C. FLANIGAN - LEGGETT & PLATT INC | legex322q12017.htm |
| EX-32.1 - EXHIBIT 32.1 SECTION 906 CERTIFICATION OF KARL G. GLASSMAN - LEGGETT & PLATT INC | legex321q12017.htm |
| EX-31.2 - EXHIBIT 31.2 SECTION 302 CERTIFICATION OF MATTHEW C. FLANIGAN - LEGGETT & PLATT INC | legex312q12017.htm |
| EX-31.1 - EXHIBIT 31.1 SECTION 302 CERTIFICATION OF KARL G. GLASSMAN - LEGGETT & PLATT INC | legex311q12017.htm |
| EX-10.1 - EXHIBIT10.1 AMENDED AND RESTATED SEVERANCE BENEFIT AGREEMENT-J. MITCHELL DOLLOFF - LEGGETT & PLATT INC | legex101dolloffseverancebe.htm |
| 10-Q - 10-Q 1Q 2017 - LEGGETT & PLATT INC | legq1201710q.htm |
Exhibit 12 | |||||||||||||||||||||||||||
Leggett & Platt, Incorporated and Subsidiaries | |||||||||||||||||||||||||||
Computation of Ratio of Earnings to Fixed Charges | |||||||||||||||||||||||||||
(Amounts in millions of dollars) | |||||||||||||||||||||||||||
Three Months Ended | Twelve Months Ended | ||||||||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||||
2017 | 2016 | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||||||||
Earnings: | |||||||||||||||||||||||||||
Pre-tax income from continuing operations including equity-method investment earnings (a) | $107.3 | $118.7 | $487.1 | $449.8 | $295.5 | $237.6 | $287.5 | ||||||||||||||||||||
Add: | |||||||||||||||||||||||||||
Interest expense and amortization of interest rate swaps and debt discount and premium on all indebtedness (including amount capitalized) | 10.7 | 9.4 | 39.4 | 41.8 | 42.3 | 45.2 | 44.0 | ||||||||||||||||||||
Portion of rental expense under operating leases representative of an interest factor (b) | 4.7 | 4.8 | 17.1 | 17.3 | 17.0 | 16.5 | 16.0 | ||||||||||||||||||||
Amortization of capitalized interest | .1 | .2 | .8 | 1.0 | 1.0 | .9 | .9 | ||||||||||||||||||||
Less: | |||||||||||||||||||||||||||
Equity-method investment (earnings) loss | (.1 | ) | (.1 | ) | (.5 | ) | (.4 | ) | (.3 | ) | (.5 | ) | (.6 | ) | |||||||||||||
Interest capitalized | (.1 | ) | (.2 | ) | (.6 | ) | (.7 | ) | (.5 | ) | (.5 | ) | (.6 | ) | |||||||||||||
Total Earnings (c) | $ | 122.6 | $ | 132.8 | $ | 543.3 | $ | 508.8 | $ | 355.0 | $ | 299.2 | $ | 347.2 | |||||||||||||
Fixed Charges: | |||||||||||||||||||||||||||
Interest expense and amortization of interest rate swaps and debt discount and premium on all indebtedness | $10.6 | $9.2 | $38.8 | $41.1 | $41.8 | $44.7 | $43.4 | ||||||||||||||||||||
Interest capitalized | .1 | .2 | .6 | .7 | .5 | .5 | .6 | ||||||||||||||||||||
Portion of rental expense under operating leases representative of an interest factor (b) | 4.7 | 4.8 | 17.1 | 17.3 | 17.0 | 16.5 | 16.0 | ||||||||||||||||||||
Total Fixed Charges | $ | 15.4 | $ | 14.2 | $ | 56.5 | $ | 59.1 | $ | 59.3 | $ | 61.7 | $ | 60.0 | |||||||||||||
Ratio of Earnings to Fixed Charges | 8.0 | 9.4 | 9.6 | 8.6 | 6.0 | 4.8 | 5.8 | ||||||||||||||||||||
(a) | 2012 and 2013 amounts have been retrospectively adjusted to reflect the reclassification of certain operations to discontinued operations. |
(b) | Estimated portion of rent expense representing interest. |
(c) | Earnings consist principally of income from continuing operations before income taxes, plus fixed charges less capitalized interest. Fixed charges consist principally of interest costs. |