Attached files
file | filename |
---|---|
EX-32.0 - EXHIBIT 32.0 - CONAGRA BRANDS INC. | cag-10q1ex32.htm |
EX-31.2 - EXHIBIT 31.2 - CONAGRA BRANDS INC. | cag-10q1ex312.htm |
EX-31.1 - EXHIBIT 31.1 - CONAGRA BRANDS INC. | cag-10q1ex311.htm |
EX-10.4 - EXHIBIT 10.4 - CONAGRA BRANDS INC. | cag-10q1ex104.htm |
10-Q - 10-Q - CONAGRA BRANDS INC. | cag-10q1fy19.htm |
Exhibit 12
Conagra Brands, Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
($ in millions)
Thirteen Weeks Ended | |||
August 26, 2018 | |||
Earnings: | |||
Income from continuing operations before income taxes and equity method investment earnings | $ | 219.4 | |
Add (deduct): | |||
Fixed charges | 55.6 | ||
Distributed income of equity method investees | 13.2 | ||
Capitalized interest | (0.8 | ) | |
Earnings available for fixed charges (a) | $ | 287.4 | |
Fixed charges: | |||
Interest expense | $ | 49.6 | |
Capitalized interest | 0.8 | ||
One third of rental expense (1) | 5.2 | ||
Total fixed charges (b) | $ | 55.6 | |
Ratio of earnings to fixed charges (a/b) | 5.2 |
(1) Considered to be representative of interest factor in rental expense.