Attached files
file | filename |
---|---|
EX-32.1 - EXHIBIT 32.1 - CONAGRA BRANDS INC. | cag-10q3ex321.htm |
EX-31.2 - EXHIBIT 31.2 - CONAGRA BRANDS INC. | cag-10q3ex312.htm |
EX-31.1 - EXHIBIT 31.1 - CONAGRA BRANDS INC. | cag-10q3ex311.htm |
10-Q - 10-Q - CONAGRA BRANDS INC. | cag-10q3fy18.htm |
Exhibit 12
Conagra Brands, Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
($ in millions)
Thirty-nine weeks ended | |||
February 25, 2018 | |||
Earnings: | |||
Income from continuing operations before income taxes and equity method investment earnings | $ | 785.4 | |
Add (deduct): | |||
Fixed charges | 135.8 | ||
Distributed income of equity method investees | 26.4 | ||
Capitalized interest | (2.9 | ) | |
Earnings available for fixed charges (a) | $ | 944.7 | |
Fixed charges: | |||
Interest expense | $ | 117.0 | |
Capitalized interest | 2.9 | ||
One third of rental expense (1) | 15.9 | ||
Total fixed charges (b) | $ | 135.8 | |
Ratio of earnings to fixed charges (a/b) | 7.0 |
(1) Considered to be representative of interest factor in rental expense.