Attached files
| file | filename |
|---|---|
| EX-21.1 - EXHIBIT 21.1 - Apple Inc. | a10-kexhibit2112017.htm |
| EX-32.1 - EXHIBIT 32.1 - Apple Inc. | a10-kexhibit3212017.htm |
| EX-31.2 - EXHIBIT 31.2 - Apple Inc. | a10-kexhibit3122017.htm |
| EX-31.1 - EXHIBIT 31.1 - Apple Inc. | a10-kexhibit3112017.htm |
| EX-23.1 - EXHIBIT 23.1 - Apple Inc. | a10-kexhibit2312017.htm |
| EX-10.21 - EXHIBIT 10.21 - Apple Inc. | a10-kexhibit10212017.htm |
| EX-10.20 - EXHIBIT 10.20 - Apple Inc. | a10-kexhibit10202017.htm |
| EX-10.8 - EXHIBIT 10.8 - Apple Inc. | a10-kexhibit1082017.htm |
| 10-K - 10-K - Apple Inc. | a10-k20179302017.htm |
Exhibit 12.1
Apple Inc.
Computation of Ratio of Earnings to Fixed Charges
(In millions, except ratios)
Years ended | |||||||||||||||||||
September 30, 2017 | September 24, 2016 | September 26, 2015 | September 27, 2014 | September 28, 2013 | |||||||||||||||
Earnings: | |||||||||||||||||||
Earnings before provision for income taxes | $ | 64,089 | $ | 61,372 | $ | 72,515 | $ | 53,483 | $ | 50,155 | |||||||||
Add: Fixed Charges | 2,538 | 1,644 | 892 | 527 | 265 | ||||||||||||||
Total Earnings | $ | 66,627 | $ | 63,016 | $ | 73,407 | $ | 54,010 | $ | 50,420 | |||||||||
Fixed Charges (1): | |||||||||||||||||||
Interest Expense | $ | 2,323 | $ | 1,456 | $ | 733 | $ | 384 | $ | 136 | |||||||||
Interest component of rental expense | 215 | 188 | 159 | 143 | 129 | ||||||||||||||
Total Fixed Charges | $ | 2,538 | $ | 1,644 | $ | 892 | $ | 527 | $ | 265 | |||||||||
Ratio of Earnings to Fixed Charges (2) | 26 | 38 | 82 | 102 | 190 | ||||||||||||||
(1) | Fixed charges include the portion of rental expense that management believes is representative of the interest component. |
(2) | The ratio of earnings to fixed charges is computed by dividing Total Earnings by Total Fixed Charges. |