Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - DARDEN RESTAURANTS INC | Financial_Report.xls |
| 10-Q - 10-Q - DARDEN RESTAURANTS INC | q1fy1510-q.htm |
| EX-31.B - SECTION 302 CERTIFICATION OF CFO - DARDEN RESTAURANTS INC | ex31bq1fy15.htm |
| EX-32.A - SECTION 906 CERTIFICATION OF CEO - DARDEN RESTAURANTS INC | ex32aq1fy15.htm |
| EX-32.B - SECTION 906 CERTIFICATION OF CFO - DARDEN RESTAURANTS INC | ex32bq1fy15.htm |
| EX-31.A - SECTION 302 CERTIFICATION OF CEO - DARDEN RESTAURANTS INC | ex31aq1fy15.htm |
| EX-10.4 - AMENDED AND RESTATED SUPPLEMENTAL CONFIRMATION - DARDEN RESTAURANTS INC | ex104amendedsupplementalco.htm |
| EX-10.3 - AMENDED AND RESTATED SUPPLEMENTAL CONFIRMATION - DARDEN RESTAURANTS INC | ex103amendedsupplementalco.htm |
| EX-10.2 - AMENDED AND RESTATED MASTER CONFIRMATION - DARDEN RESTAURANTS INC | ex102amendedmasterconfirmwf.htm |
| EX-10.1 - AMENDED AND RESTATED MASTER CONFIRMATION - DARDEN RESTAURANTS INC | ex101amendedmasterconfirmgs.htm |
EXHIBIT 12
DARDEN RESTAURANTS, INC.
COMPUTATION OF RATIO OF CONSOLIDATED EARNINGS TO FIXED CHARGES
(Dollar amounts in millions)
(Unaudited)
Three Months Ended | |||||||
August 24, 2014 | August 25, 2013 | ||||||
Consolidated earnings from continuing operations before income taxes | $ | (43.7 | ) | $ | 49.8 | ||
Plus fixed charges: | |||||||
Gross interest expense(1) | 111.5 | 33.8 | |||||
40% of restaurant and equipment minimum rent expense | 15.7 | 13.8 | |||||
Total fixed charges | 127.2 | 47.6 | |||||
Less capitalized interest | (0.1 | ) | (1.0 | ) | |||
Consolidated earnings from continuing operations before income taxes available to cover fixed charges | $ | 83.4 | $ | 96.4 | |||
Ratio of consolidated earnings from continuing operations to fixed charges | 0.7 | 2.0 | |||||
(1) Gross interest expense includes interest recognized in connection with our unrecognized income tax benefits