Attached files
| file | filename |
|---|---|
| EX-32 - EX-32 - J M SMUCKER Co | sjm43017-10kex32.htm |
| EX-31.2 - EX-31.2 - J M SMUCKER Co | sjm43017-10kex312.htm |
| EX-31.1 - EX-31.1 - J M SMUCKER Co | sjm43017-10kex311.htm |
| EX-24 - EX-24 - J M SMUCKER Co | sjm43017-10kex24.htm |
| EX-23 - EX-23 - J M SMUCKER Co | sjm43017-10kex23.htm |
| EX-21 - EX-21 - J M SMUCKER Co | sjm43017-10kex21.htm |
| EX-13 - EX-13 - J M SMUCKER Co | sjm43017-10kex13.htm |
| EX-10.21 - EX-10.21 - J M SMUCKER Co | sjm43017-10kex1021.htm |
| EX-10.20 - EX-10.20 - J M SMUCKER Co | sjm43017-10kex1020.htm |
| EX-10.10 - EX-10.10 - J M SMUCKER Co | sjm43017-10kex1010.htm |
| 10-K - 10-K - J M SMUCKER Co | sjm43017-10xk.htm |
Exhibit 12.1
The J. M. Smucker Company
Computation of Ratio of Earnings to Fixed Charges
(in millions of dollars)
April 30, 2017 Year Ended | |||
Earnings before fixed charges: | |||
Income before income taxes | $ | 878.4 | |
Total fixed charges | 199.5 | ||
Less: capitalized interest | (0.8 | ) | |
Earnings available for fixed charges | $ | 1,077.1 | |
Fixed charges: | |||
Interest and other debt expense, net of capitalized interest | $ | 165.0 | |
Capitalized interest | 0.8 | ||
Estimated interest portion of rent expense (A) | 33.7 | ||
Total fixed charges | $ | 199.5 | |
Ratio of earnings to fixed charges | 5.4 | ||
(A) | For purposes of this calculation, management estimates approximately one-third of rent expense is representative of interest expense. |