Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - BARD C R INC /NJ/Financial_Report.xls
EX-31.2 - EX-31.2 - BARD C R INC /NJ/d502347dex312.htm
EX-31.1 - EX-31.1 - BARD C R INC /NJ/d502347dex311.htm
EX-32.1 - EX-32.1 - BARD C R INC /NJ/d502347dex321.htm
EX-32.2 - EX-32.2 - BARD C R INC /NJ/d502347dex322.htm
10-Q - FOM 10-Q - BARD C R INC /NJ/d502347d10q.htm

EXHIBIT 12.1

C. R. BARD, INC. AND SUBSIDIARIES

Exhibit 12.1 - Computation of Ratio of Earnings to Fixed Charges

 

     Three Months
Ended
March 31,
    Years Ended December 31,  
     2013     2012     2011     2010     2009     2008  
(dollars in millions)                                     

Earnings from operations before taxes

   $ 127.6      $ 732.4      $ 510.8      $ 717.7      $ 671.5      $ 552.7   

Add (Deduct):

            

Fixed charges

     13.0        46.1        42.7        18.4        17.5        17.4   

Undistributed earnings of equity investments

     (0.7     (9.6     (3.8     (3.6     (2.3     (1.9
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings available for fixed charges

   $ 139.9      $ 768.9      $ 549.7      $ 732.5      $ 686.7      $ 568.2   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Fixed charges:

            

Interest, including amounts capitalized(1)

   $ 11.4      $ 39.6      $ 36.4      $ 12.7      $ 11.8      $ 12.1   

Proportion of rent expense deemed to represent interest factor

     1.6        6.5        6.3        5.7        5.7        5.3   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Fixed charges

   $ 13.0      $ 46.1      $ 42.7      $ 18.4      $ 17.5      $ 17.4   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges

     10.76        16.68        12.87        39.81        39.24        32.66   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) Interest related to unrecognized tax benefits is included as income tax expense and not included in fixed charges.