Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - PRIDE INTERNATIONAL INC | Financial_Report.xls |
| 10-Q - FORM 10-Q - PRIDE INTERNATIONAL INC | c03155e10vq.htm |
| EX-32 - EXHIBIT 32 - PRIDE INTERNATIONAL INC | c03155exv32.htm |
| EX-31.1 - EXHIBIT 31.1 - PRIDE INTERNATIONAL INC | c03155exv31w1.htm |
| EX-31.2 - EXHIBIT 31.2 - PRIDE INTERNATIONAL INC | c03155exv31w2.htm |
EXHIBIT 12
Computation of Ratio of Earnings to Fixed Charges
(in millions except ratio of earnings to fixed charges)
(in millions except ratio of earnings to fixed charges)
| Six Months Ended | ||||||||
| June 30, | ||||||||
| 2010 | 2009 | |||||||
Earnings: |
||||||||
Income from continuing operations before income taxes |
$ | 156.2 | $ | 338.1 | ||||
Portion of rents representative of interest expense |
1.9 | 3.3 | ||||||
Interest on indebtedness, including amortization of deferred loan costs |
— | (0.1 | ) | |||||
Amortization of capitalized interest |
— | — | ||||||
Earnings, as adjusted |
$ | 158.1 | $ | 341.3 | ||||
Fixed Charges: |
||||||||
Portion of rents representative of interest expense |
$ | 1.9 | $ | 3.3 | ||||
Interest on indebtedness, including amortization of deferred loan costs |
— | (0.1 | ) | |||||
Capitalized interest |
45.9 | 28.5 | ||||||
Total fixed charges |
$ | 47.8 | $ | 31.7 | ||||
Ratio of earnings to fixed charges |
3.31x | 10.77x | ||||||