Attached files
file | filename |
---|---|
EX-5.1 - EX-5.1 - REPUBLIC SERVICES, INC. | d493740dex51.htm |
EX-4.1 - EX-4.1 - REPUBLIC SERVICES, INC. | d493740dex41.htm |
EX-1.1 - EX-1.1 - REPUBLIC SERVICES, INC. | d493740dex11.htm |
8-K - FORM 8-K - REPUBLIC SERVICES, INC. | d493740d8k.htm |
Exhibit 12.1
Nine Months Ended | Year Ended December 31, | |||||||||||||||||||||||
9/30/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||||||||||||||||||
Earnings: |
||||||||||||||||||||||||
Income before income taxes |
$ | 986.4 | $ | 965.9 | $ | 1,195.9 | $ | 885.3 | $ | 851.2 | $ | 823.9 | ||||||||||||
Add loss from unconsolidated equity method investment |
8.2 | 6.1 | | | | | ||||||||||||||||||
Add distributed income of unconsolidated equity method investment |
0.6 | 0.1 | | | | | ||||||||||||||||||
Less Minority Interest |
(0.5 | ) | (0.6 | ) | (0.5 | ) | (0.3 | ) | (0.2 | ) | (0.3 | ) | ||||||||||||
Interest expense |
273.4 | 377.5 | 371.7 | 355.1 | 367.3 | 396.9 | ||||||||||||||||||
Interest component of rent |
17.1 | 18.9 | 17.9 | 16.4 | 15.9 | 15.3 | ||||||||||||||||||
Capitalized interest |
(4.3 | ) | (6.2 | ) | (6.8 | ) | (6.4 | ) | (7.3 | ) | (8.4 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Total earnings for ratio |
$ | 1,280.9 | $ | 1,361.7 | $ | 1,578.2 | $ | 1,250.1 | $ | 1,226.9 | $ | 1,227.4 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Fixed Charges: |
||||||||||||||||||||||||
Interest expense |
$ | 273.4 | $ | 377.5 | $ | 371.7 | $ | 355.1 | $ | 367.3 | $ | 396.9 | ||||||||||||
Interest component of rent |
17.1 | 18.9 | 17.9 | 16.4 | 15.9 | 15.3 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Total interest for ratio |
$ | 290.5 | $ | 396.4 | $ | 389.6 | $ | 371.5 | $ | 383.2 | $ | 412.2 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Ratio of earnings to fixed charges |
4.4 | 3.4 | 4.1 | 3.4 | 3.2 | 3.0 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|