Attached files
file | filename |
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8-K - FORM 8-K - CONAGRA BRANDS INC. | d568531d8k.htm |
EX-99.1 - EX-99.1 - CONAGRA BRANDS INC. | d568531dex991.htm |
EX-99.2 - EX-99.2 - CONAGRA BRANDS INC. | d568531dex992.htm |
Exhibit 99.3
Unaudited Pro Forma Computation of Ratio of Earnings to Fixed Charges
(in millions, except ratio)
Fifty-two weeks ended May 26, 2013 |
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Earnings: |
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Income from continuing operations before income taxes and equity method investment earnings |
$ | 1,275 | ||
Add (deduct): |
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Fixed charges |
468 | |||
Distributed income of equity method investees |
26 | |||
Capitalized interest |
(6 | ) | ||
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Earnings available for fixed charges (a) |
$ | 1,763 | ||
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Fixed charges: |
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Interest expense |
$ | 403 | ||
Capitalized interest |
6 | |||
One third of rental expense (1) |
59 | |||
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Total fixed charges (b) |
$ | 468 | ||
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Pro forma ratio of earnings to fixed charges (a/b) |
3.8 |
(1) | Considered to be representative of interest factor in rental expense. |
1