Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - TYSON FOODS, INC. | tsn2018q3exh-322.htm |
| EX-32.1 - EXHIBIT 32.1 - TYSON FOODS, INC. | tsn2018q3exh-321.htm |
| EX-31.2 - EXHIBIT 31.2 - TYSON FOODS, INC. | tsn2018q3exh-312.htm |
| EX-31.1 - EXHIBIT 31.1 - TYSON FOODS, INC. | tsn2018q3exh-311.htm |
| 10-Q - 10-Q - TYSON FOODS, INC. | tsn2018q310q.htm |
EXHIBIT 12.1
Ratio of Earnings to Fixed Charges
(dollars in millions) | |||||||||||||||||||||||
Nine Months Ended | Fiscal Years | ||||||||||||||||||||||
June 30, 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||||
Earnings: | |||||||||||||||||||||||
Income from continuing operations before income taxes and equity method investment earnings | $ | 1,974 | $ | 2,609 | $ | 2,586 | $ | 1,908 | $ | 1,241 | $ | 1,254 | |||||||||||
Add: Fixed charges | 326 | 353 | 313 | 358 | 194 | 219 | |||||||||||||||||
Add: Amortization of capitalized interest | 7 | 7 | 7 | 5 | 5 | 5 | |||||||||||||||||
Less: Capitalized interest | (12 | ) | (12 | ) | (7 | ) | (10 | ) | (8 | ) | (8 | ) | |||||||||||
Total adjusted earnings | 2,295 | 2,957 | 2,899 | 2,261 | 1,432 | 1,470 | |||||||||||||||||
Fixed Charges: | |||||||||||||||||||||||
Interest | 256 | 266 | 241 | 283 | 122 | 116 | |||||||||||||||||
Capitalized interest | 12 | 12 | 7 | 10 | 8 | 8 | |||||||||||||||||
Amortization of debt issuance and debt discount expense | 7 | 13 | 8 | 10 | 10 | 28 | |||||||||||||||||
Rentals at computed interest factor (1) | 51 | 62 | 57 | 55 | 54 | 67 | |||||||||||||||||
Total fixed charges | $ | 326 | $ | 353 | $ | 313 | $ | 358 | $ | 194 | $ | 219 | |||||||||||
Ratio of Earnings to Fixed Charges | 7.04 | 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. |