TYSON FOODS, INC. - FORM 10-Q - EX-12.1 - EXHIBIT 12.1 - February 8, 2018

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EX-10.12 - FORM OF RESTRICTED STOCK INCENTIVE AGREEMENT WITH NON-CONTRACTED EMPLOYEES PURSU - TYSON FOODS, INC.tsn2018q1exh-1012.htm
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS - TYSON FOODS, INC.tsn2018q1exh-322.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS - TYSON FOODS, INC.tsn2018q1exh-321.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SEC RULE 13A-14(A - TYSON FOODS, INC.tsn2018q1exh-312.htm
EX-31.1 - CERTFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SEC RULE 13A-14(A)/15D-14(A - TYSON FOODS, INC.tsn2018q1exh-311.htm
EX-10.16 - SECOND AMENDMENT TO THE COMPANY'S SUPPLEMENTAL EXECUTIVE RETIREMENT AND LIFE INS - TYSON FOODS, INC.tsn2018q1exh-1016.htm
EX-10.15 - TYSON FOODS INC. SEVERANCE PAY PLAN FOR CONTRACTED EMPLOYEES, AS AMENDED AND RES - TYSON FOODS, INC.tsn2018q1exh-1015.htm
EX-10.14 - FORM OF STOCK OPTIONS INCENTIVE AGREEMENT WITH NON-CONTRACTED EMPLOYEES PURSUANT - TYSON FOODS, INC.tsn2018q1exh-1014.htm
EX-10.13 - FORM OF STOCK OPTIONS INCENTIVE AGREEMENT WITH CONTRACTED EMPLOYEES PURSUANT TO - TYSON FOODS, INC.tsn2018q1exh-1013.htm
EX-10.11 - FORM OF RESTRICTED STOCK INCENTIVE AGREEMENT WITH CONTRACTED EMPLOYEES PURSUANT - TYSON FOODS, INC.tsn2018q1exh-1011.htm
EX-10.10 - FORM OF RESTRICTED STOCK SUBJECT TO PERFORMANCE CRITERIA STOCK INCENTIVE AGREEME - TYSON FOODS, INC.tsn2018q1exh-1010.htm
EX-10.9 - FORM OF PERFORMANCE SHARES TOTAL SHAREHOLDER RETURN STOCK INCENTIVE AGREEMENT PU - TYSON FOODS, INC.tsn2018q1exh-109.htm
EX-10.8 - FORM OF PERFORMANCE SHARES OPERATING INCOME STOCK INCENTIVE AGREEMENT PURSUANT T - TYSON FOODS, INC.tsn2018q1exh-108.htm
EX-10.7 - FIRST AMENDMENT TO THE EXECUTIVE SAVINGS PLAN OF TYSON FOODS INC., AS AMENDED AN - TYSON FOODS, INC.tsn2018q1exh-107.htm
EX-10.6 - FIRST AMENDMENT TO THE TYSON FOODS, INC SUPPLEMENTAL EXECUTIVE RETIREMENT AND LI - TYSON FOODS, INC.tsn2018q1exh-106.htm
EX-10.5 - EMPLOYMENT AGREEMENT, JUSTIN WHITMORE - TYSON FOODS, INC.tsn2018q1exh-105.htm
EX-10.4 - EMPLOYMENT AGREEMENT, JAY SCOTT SPRADLEY - TYSON FOODS, INC.tsn2018q1exh-104.htm
EX-10.3 - EMPLOYMENT AGREEMENT, AMY TU - TYSON FOODS, INC.tsn2018q1exh-103.htm
EX-10.2 - EMPLOYMENT AGREEMENT, STEWART GLENDINNING - TYSON FOODS, INC.tsn2018q1exh-102.htm
10-Q - 10-Q - TYSON FOODS, INC.tsn2018q110q.htm
EXHIBIT 12.1
Ratio of Earnings to Fixed Charges
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(dollars in millions)

 
 
Three Months Ending
 
Fiscal Years
 
December 30, 2017
 
2017
 
2016
 
2015
 
2014
 
2013
Earnings:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations before income taxes and equity method investment earnings
$
839

 
$
2,609

 
$
2,586

 
$
1,908

 
$
1,241

 
$
1,254

Add: Fixed charges
109

 
353

 
313

 
358

 
194

 
219

Add: Amortization of capitalized interest
2

 
7

 
7

 
5

 
5

 
5

Less: Capitalized interest
(3
)
 
(12
)
 
(7
)
 
(10
)
 
(8
)
 
(8
)
Total adjusted earnings
947

 
2,957

 
2,899

 
2,261

 
1,432

 
1,470

Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
Interest
85

 
266

 
241

 
283

 
122

 
116

Capitalized interest
3

 
12

 
7

 
10

 
8

 
8

Amortization of debt issuance and debt discount expense
3

 
13

 
8

 
10

 
10

 
28

Rentals at computed interest factor (1)
18

 
62

 
57

 
55

 
54

 
67

Total fixed charges
$
109

 
$
353

 
$
313

 
$
358

 
$
194

 
$
219

 
 
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
8.69

 
8.38

 
9.26

 
6.32

 
7.38

 
6.71


(1) 
Amounts represent those portions of rent expense (one-third) that are reasonable approximations of interest costs.

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