Attached files
Exhibit 12
Year Ended December 31,
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YTD 9/10
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2009
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2008
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2007
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2006
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2005
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Earnings as defined:
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Pretax income from continuing operations
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$ | 513,519 | $ | 493,725 | $ | 506,424 | $ | 431,251 | $ | 323,159 | $ | 281,657 | ||||||||||||
Add: Fixed charges
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175,001 | 224,041 | 199,739 | 311,377 | 264,672 | 263,516 | ||||||||||||||||||
Earnings as defined
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$ | 688,520 | $ | 717,766 | $ | 706,163 | $ | 742,628 | $ | 587,831 | $ | 545,173 | ||||||||||||
Fixed charges:
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Interest charges
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$ | 128,125 | $ | 166,212 | $ | 154,313 | $ | 180,230 | $ | 137,493 | $ | 144,835 | ||||||||||||
Interest charges on life insurance policy borrowings
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287 | 324 | 248 | 105,396 | 117,536 | 107,610 | ||||||||||||||||||
Interest component of leases
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46,589 | 57,505 | 45,178 | 25,751 | 9,643 | 11,071 | ||||||||||||||||||
Total fixed charges
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$ | 175,001 | $ | 224,041 | $ | 199,739 | $ | 311,377 | $ | 264,672 | $ | 263,516 | ||||||||||||
Ratio of earnings to fixed charges
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3.9 | 3.2 | 3.5 | 2.4 | 2.2 | 2.1 |