Attached files
Exhibit 12
FORTUNE BRANDS, INC. AND SUBSIDIARIES
STATEMENT RE COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
AND PREFERRED DIVIDENDS
(Dollar amounts in millions)
| Years Ended December 31, | Three
Months Ended March 31, 2010 |
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| 2005 | 2006 | 2007 | 2008 | 2009 | |||||||||||||||||
| Earnings Available: |
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| Income (loss) from continuing operations before income taxes and extraordinary items |
$ | 919.3 | $ | 1,179.3 | $ | 1,120.2 | $ | 188.4 | $ | 283.4 | $ | 103.2 | |||||||||
| Less: Income (loss) of equity investees included above |
(0.2 | ) | — | — | (24.4 | ) | 4.0 | (0.7 | ) | ||||||||||||
| Capitalized interest |
— | — | 0.7 | — | — | — | |||||||||||||||
| Earnings Available for Ratio to Fixed Charges |
$ | 919.5 | $ | 1,179.3 | $ | 1,119.5 | $ | 212.8 | $ | 279.4 | $ | 103.9 | |||||||||
| Preferred dividend requirements |
0.6 | 0.6 | 0.8 | 0.7 | 0.6 | 0.1 | |||||||||||||||
| Earnings Available for Ratio of Earnings to Fixed Charges and Preferred Dividends |
$ | 918.9 | $ | 1,178.7 | $ | 1,118.7 | $ | 212.1 | $ | 278.8 | $ | 103.8 | |||||||||
| Fixed Charges and Preferred Dividends: |
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| Interest expense (including capitalized interest) and amortization of debt discount and expenses |
$ | 170.8 | $ | 332.4 | $ | 318.5 | $ | 237.2 | $ | 215.8 | $ | 55.2 | |||||||||
| Portion of rentals representative of an interest factor |
17.7 | 16.7 | 17.6 | 17.0 | 17.9 | 4.6 | |||||||||||||||
| Fixed Charges for Ratio of Earnings to Fixed Charges |
$ | 188.5 | $ | 349.1 | $ | 336.1 | $ | 254.2 | $ | 233.7 | $ | 59.8 | |||||||||
| Preferred dividend requirements |
0.6 | 0.6 | 0.8 | 0.7 | 0.6 | 0.1 | |||||||||||||||
| Fixed Charges for Ratio of Earnings to Fixed Charges and Preferred Dividends |
$ | 189.1 | $ | 349.7 | $ | 336.9 | $ | 254.9 | $ | 234.3 | $ | 59.9 | |||||||||
| Total Earnings Available |
$ | 1,108.0 | $ | 1,528.4 | $ | 1,455.6 | $ | 467.0 | $ | 513.1 | $ | 163.7 | |||||||||
| Ratio of Earnings to Fixed Charges |
5.88 | 4.38 | 4.33 | 1.84 | 2.20 | 2.74 | |||||||||||||||
| Ratio of Earnings to Combined Fixed Charges and Preferred Dividends |
5.86 | 4.37 | 4.32 | 1.83 | 2.19 | 2.73 | |||||||||||||||