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EX-5.2 - EX-5.2 - Fidelity National Information Services, Inc.d568943dex52.htm
EX-5.1 - EX-5.1 - Fidelity National Information Services, Inc.d568943dex51.htm
EX-4.2 - EX-4.2 - Fidelity National Information Services, Inc.d568943dex42.htm
EX-4.1 - EX-4.1 - Fidelity National Information Services, Inc.d568943dex41.htm
EX-1.1 - EX-1.1 - Fidelity National Information Services, Inc.d568943dex11.htm
8-K - FORM 8-K - Fidelity National Information Services, Inc.d568943d8k.htm

Exhibit 12.1

 

Calculation of Ratio of Earnings to Fixed Charges               
(in millions)               
     Three Months
Ended March 31,
    Year Ended December 31  
     2018     2017     2017     2016     2015     2014     2013  

Earnings:

              

Earning (loss) from continuing operations before income taxes and equity in earnings (losses) of unconsolidated entities

   $ 225.0     $ 209.0     $ 976.0     $ 837.0     $ 1,025.0     $ 1,053.4     $ 823.5  

Fixed charges

     90.0       119.0       412.9       458.0       233.6       213.6       237.0  

Amortization of capitalized interest

     0.9       0.8       3.4       3.4       3.5       3.2       2.9  

Capitalized interest

     (1.1     (1.3     (4.4     (3.8     (1.9     (1.9     (2.3
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total earnings (a)

   $ 314.8     $ 327.5     $ 1,387.9     $ 1,294.6     $ 1,260.2     $ 1,268.3     $ 1,061.1  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Fixed Charges:

              

Interest expensed

   $ 72.2     $ 94.6     $ 345.1     $ 387.4     $ 190.3     $ 163.9     $ 188.4  

Capitalized interest

     1.1       1.3       4.4       3.8       1.9       1.9       2.3  

Amortization of debt issue costs

     4.7       12.0       19.2       19.0       10.8       19.7       19.9  

Interest included in rent expense

     12.0       11.1       44.2       47.8       30.6       28.1       26.4  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges (b)

   $ 90.0     $ 119.0     $ 412.9     $ 458.0     $ 233.6     $ 213.6     $ 237.0  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges (a/b)

     3.5       2.8       3.4       2.8       5.4       5.9       4.5  

In calculating the ratio of earnings to fixed charges, “earnings” are the sum of (a) earnings from continuing operations before income taxes and equity in earnings (losses) of unconsolidated entities plus (b) fixed charges and amortization of capitalized interest, less (c) interest capitalized. “Fixed charges” include (a) interest expense, (b) capitalized interest and (c) amortization of debt issue costs, as well as (d) the imputed interest component of rental expense.