Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - J M SMUCKER Co | d777732d10q.htm |
| EX-3.1 - EX-3.1 - J M SMUCKER Co | d777732dex31.htm |
| EX-32 - EX-32 - J M SMUCKER Co | d777732dex32.htm |
| EX-31.1 - EX-31.1 - J M SMUCKER Co | d777732dex311.htm |
| EX-10.1 - EX-10.1 - J M SMUCKER Co | d777732dex101.htm |
| EX-31.2 - EX-31.2 - J M SMUCKER Co | d777732dex312.htm |
| EXCEL - IDEA: XBRL DOCUMENT - J M SMUCKER Co | Financial_Report.xls |
Exhibit 12
The J. M. Smucker Company
Computation of Ratio of Earnings to Fixed Charges
(in millions of dollars)
| July 31, 2014 | ||||
| Three Months Ended | ||||
| Earnings before fixed charges: |
||||
| Income before income taxes |
$ | 175.5 | ||
| Total fixed charges |
24.9 | |||
| Less: capitalized interest |
(1.3 | ) | ||
|
|
|
|||
| Earnings available for fixed charges |
$ | 199.1 | ||
| Fixed charges: |
||||
| Interest and other debt expense, net of capitalized interest |
$ | 17.7 | ||
| Capitalized interest |
1.3 | |||
| Estimated interest portion of rent expense (a) |
5.9 | |||
|
|
|
|||
| Total fixed charges |
$ | 24.9 | ||
| Ratio of earnings to fixed charges |
8.0 | |||
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|
|
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| (a) | For purposes of this calculation, management estimates approximately one-third of rent expense is representative of interest expense. |