Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - ST JUDE MEDICAL, LLC | Financial_Report.xls |
| EX-32.2 - CERTIFICATION OF CFO PURSUANT TO SECTION 906 - ST JUDE MEDICAL, LLC | stjude121296_ex32-2.htm |
| EX-31.1 - CERTIFICATION OF CEO PURSUANT TO SECTION 302 - ST JUDE MEDICAL, LLC | stjude121296_ex31-1.htm |
| EX-32.1 - CERTIFICATION OF CEO PURSUANT TO SECTION 906 - ST JUDE MEDICAL, LLC | stjude121296_ex32-1.htm |
| EX-31.2 - CERTIFICATION OF CFO PURSUANT TO SECTION 302 - ST JUDE MEDICAL, LLC | stjude121296_ex31-2.htm |
| 10-Q - FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2012 - ST JUDE MEDICAL, LLC | stjude121296_10q.htm |
EXHIBIT 12
ST. JUDE MEDICAL, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(amounts in millions of dollars)
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Three |
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FISCAL YEAR |
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March 31, 2012 |
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2011 |
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2010 |
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2009 |
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2008 |
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2007 |
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EARNINGS |
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Earnings before income taxes |
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$ |
279 |
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$ |
1,019 |
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$ |
1,209 |
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$ |
1,057 |
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$ |
581 |
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$ |
710 |
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Plus fixed charges: |
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Interest expense (1) |
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18 |
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70 |
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67 |
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46 |
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73 |
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73 |
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Rent interest factor (2) |
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4 |
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15 |
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12 |
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11 |
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9 |
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9 |
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TOTAL FIXED CHARGES |
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22 |
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85 |
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79 |
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57 |
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82 |
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82 |
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EARNINGS BEFORE INCOME TAXES AND FIXED CHARGES |
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$ |
301 |
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$ |
1,104 |
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$ |
1,288 |
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$ |
1,114 |
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$ |
663 |
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$ |
792 |
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RATIO OF EARNINGS TO FIXED CHARGES |
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13.8 |
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13.0 |
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16.3 |
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19.5 |
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8.1 |
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9.7 |
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(1) |
Interest expense consists of interest on indebtedness and amortization of debt issuance costs. |
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(2) |
Approximately one-third of rental expense is deemed representative of the interest factor. |