Attached files
| file | filename |
|---|---|
| EX-32.(A) - EX-32.(A) - ViacomCBS Inc. | a2221046zex-32_a.htm |
| EX-32.(B) - EX-32.(B) - ViacomCBS Inc. | a2221046zex-32_b.htm |
| EX-31.(A) - EX-31.(A) - ViacomCBS Inc. | a2221046zex-31_a.htm |
| EXCEL - IDEA: XBRL DOCUMENT - ViacomCBS Inc. | Financial_Report.xls |
| 10-Q - 10-Q - ViacomCBS Inc. | a2221046z10-q.htm |
| EX-31.(B) - EX-31.(B) - ViacomCBS Inc. | a2221046zex-31_b.htm |
Exhibit 12
CBS CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Tabular dollars in millions, except ratios)
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Six Months Ended |
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Twelve Months Ended |
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June 30, |
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December 31, |
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2014 |
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2013 |
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2013 |
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2012 |
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2011 |
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2010 |
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2009 |
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Earnings from continuing operations before income taxes and equity in loss of investee companies |
|
$ |
1,351 |
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$ |
1,354 |
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$ |
2,665 |
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$ |
2,357 |
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$ |
1,983 |
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$ |
1,209 |
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$ |
533 |
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Add: |
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Distributions from investee companies |
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8 |
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6 |
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8 |
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11 |
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6 |
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— |
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2 |
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Interest expense, net of capitalized interest |
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187 |
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188 |
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375 |
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401 |
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433 |
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526 |
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538 |
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1/3 of rental expense |
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33 |
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34 |
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70 |
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68 |
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68 |
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68 |
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71 |
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Total Earnings from continuing operations |
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$ |
1,579 |
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$ |
1,582 |
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$ |
3,118 |
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$ |
2,837 |
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$ |
2,490 |
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$ |
1,803 |
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$ |
1,144 |
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Fixed charges: |
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Interest expense, net of capitalized interest |
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$ |
187 |
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$ |
188 |
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$ |
375 |
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$ |
401 |
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$ |
433 |
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$ |
526 |
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$ |
538 |
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1/3 of rental expense |
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33 |
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34 |
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70 |
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68 |
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68 |
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68 |
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71 |
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Total fixed charges |
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$ |
220 |
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$ |
222 |
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$ |
445 |
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$ |
469 |
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$ |
501 |
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$ |
594 |
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$ |
609 |
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Ratio of earnings to fixed charges |
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7.2x |
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7.1x |
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7.0x |
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6.0x |
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5.0x |
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3.0x |
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1.9x |
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