Attached files

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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