DARDEN RESTAURANTS INC - FORM 10-Q - EX-12 - COMPUTATION OF RATIO OF CONSOLIDATED EARNINGS TO FIXED CHARGES - October 5, 2010

Attached files

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EXCEL - IDEA: XBRL DOCUMENT - DARDEN RESTAURANTS INCFinancial_Report.xls
10-Q - FORM 10-Q - DARDEN RESTAURANTS INCd10q.htm
EX-32.(A) - SECTION 906 CEO CERTIFICATION - DARDEN RESTAURANTS INCdex32a.htm
EX-31.(B) - SECTION 302 CFO CERTIFICATION - DARDEN RESTAURANTS INCdex31b.htm
EX-32.(B) - SECTION 906 CFO CERTIFICATION - DARDEN RESTAURANTS INCdex32b.htm
EX-31.(A) - SECTION 302 CEO CERTIFICATION - DARDEN RESTAURANTS INCdex31a.htm

Exhibit 12

DARDEN RESTAURANTS, INC.

COMPUTATION OF RATIO OF CONSOLIDATED EARNINGS TO FIXED CHARGES

(Dollar amounts in millions)

(Unaudited)

 

     Quarter Ended  
     August 29,
2010		     August 30,
2009		  

Consolidated earnings from continuing operations before income taxes

    $ 159.1      $ 130.3   

Plus fixed charges:

     

Gross interest expense(1)

      25.7        26.5   

40% of restaurant and equipment minimum rent expense

      11.6        10.9   
                

Total fixed charges

      37.3        37.4   

Less capitalized interest

      (0.7 )      (2.5 ) 
                

Consolidated earnings from continuing operations before income taxes available to cover fixed charges

    $ 195.7      $ 165.2   
                

Ratio of consolidated earnings from continuing operations to fixed charges

      5.2        4.4   
                

 

(1) Gross interest expense includes interest recognized in connection with our unrecognized income tax benefits.

DARDEN RESTAURANTS INC Reports