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10-Q - 10-Q - HOSPIRA INCa09-24335_110q.htm
EX-10.1 - EX-10.1 - HOSPIRA INCa09-24335_1ex10d1.htm
EX-31.2 - EX-31.2 - HOSPIRA INCa09-24335_1ex31d2.htm
EX-32.2 - EX-32.2 - HOSPIRA INCa09-24335_1ex32d2.htm
EX-32.1 - EX-32.1 - HOSPIRA INCa09-24335_1ex32d1.htm
EX-10.2 - EX-10.2 - HOSPIRA INCa09-24335_1ex10d2.htm
EX-31.1 - EX-31.1 - HOSPIRA INCa09-24335_1ex31d1.htm

Exhibit 12.1

 

Hospira, Inc.

 

Computation of Ratio of Earnings to Fixed Charges

 

(Unaudited)

 

(dollars in millions except ratios)

 

 

 

Nine
Months
Ended
September 
30, 2009

 

Income from Continuing Operations Before Taxes

 

$

272.8

 

Add:

 

 

 

One-third of rents

 

6.6

 

Interest on long-term and short-term debt

 

80.2

 

Interest capitalized, net of amortization

 

0.5

 

 

 

 

 

Earnings from Continuing Operations

 

$

360.1

 

 

 

 

 

Fixed charges:

 

 

 

One-third of rents

 

$

6.6

 

Interest on long-term and short-term debt

 

80.2

 

Interest capitalized

 

4.4

 

 

 

 

 

Fixed Charges from Continuing Operations

 

$

91.2

 

 

 

 

 

Ratio of Earnings to Fixed Charges from Continuing Operations

 

3.9

 

 

For purposes of computing this ratio, “earnings” consist of income from continuing operations before taxes, one-third of rents (deemed by Hospira to be representative of the interest factor inherent in rents), interest expense and interest capitalized, net of amortization.  “Fixed charges” consist of one-third of rents, interest expense and interest capitalized.

 

1