Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - TYSON FOODS, INC. | tsn2014q310q.htm |
| EX-31.2 - SECTION 302 CFO CERTIFICATION - TYSON FOODS, INC. | tsn2014q3exh-312.htm |
| EX-32.2 - SECTION 906 CFO CERTIFICATION - TYSON FOODS, INC. | tsn2014q3exh-322.htm |
| EX-31.1 - SECTION 302 CEO CERTIFICATION - TYSON FOODS, INC. | tsn2014q3exh-311.htm |
| EX-32.1 - SECTION 906 CEO CERTIFICATION - TYSON FOODS, INC. | tsn2014q3exh-321.htm |
| EXCEL - IDEA: XBRL DOCUMENT - TYSON FOODS, INC. | Financial_Report.xls |
EXHIBIT 12.1
Ratio of Earnings to Fixed Charges
(dollars in millions) | ||||||||||||||||||||||||
Nine | ||||||||||||||||||||||||
Months | ||||||||||||||||||||||||
Ending | Fiscal Years | |||||||||||||||||||||||
June 28, 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||||||
Earnings: | ||||||||||||||||||||||||
Income (loss) from continuing operations before income taxes and equity method investment earnings | $ | 1,027 | $ | 1,254 | $ | 949 | $ | 1,066 | $ | 1,224 | $ | (541 | ) | |||||||||||
Add: Fixed charges | 136 | 219 | 264 | 305 | 360 | 388 | ||||||||||||||||||
Add: Amortization of capitalized interest | 4 | 5 | 5 | 4 | 3 | 4 | ||||||||||||||||||
Less: Capitalized interest | (7 | ) | (8 | ) | (10 | ) | (9 | ) | (11 | ) | (3 | ) | ||||||||||||
Total adjusted earnings | 1,160 | 1,470 | 1,208 | 1,366 | 1,576 | (152 | ) | |||||||||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Interest | 73 | 116 | 150 | 191 | 240 | 289 | ||||||||||||||||||
Capitalized interest | 7 | 8 | 10 | 9 | 11 | 3 | ||||||||||||||||||
Amortization of debt discount expense | 5 | 28 | 39 | 44 | 46 | 38 | ||||||||||||||||||
Rentals at computed interest factor (1) | 51 | 67 | 65 | 61 | 63 | 58 | ||||||||||||||||||
Total fixed charges | $ | 136 | $ | 219 | $ | 264 | $ | 305 | $ | 360 | $ | 388 | ||||||||||||
Ratio of Earnings to Fixed Charges | 8.53 | 6.71 | 4.58 | 4.48 | 4.38 | |||||||||||||||||||
Insufficient Coverage | 540 | |||||||||||||||||||||||
(1) | Amounts represent those portions of rent expense (one-third) that are reasonable approximations of interest costs. |