Attached files
file | filename |
---|---|
EX-32.2 - CERTIFICATION OF CFO PURSUANT TO SECTION 906 - ST JUDE MEDICAL, LLC | stjude2014927_ex32-2q3.htm |
EX-31.1 - CERTIFICATION OF CEO PURSUANT TO SECTION 302 - ST JUDE MEDICAL, LLC | stjude2014927_ex31-1q3.htm |
EX-10.1 - $250,000,000 TERM LOAN AGREEMENT, DATED AUGUST 6, 2014 - ST JUDE MEDICAL, LLC | stjude2014927_ex10-1q3.htm |
EX-32.1 - CERTIFICATION OF CEO PURSUANT TO SECTION 906 - ST JUDE MEDICAL, LLC | stjude2014927_ex32-1q3.htm |
EX-10.2 - THIRD AMENDMENT TO THE ST. JUDE MEDICAL, INC. MANAGEMENT SAVINGS PLAN - ST JUDE MEDICAL, LLC | stjude2014927_ex10-2q3.htm |
EX-10.3 - FOURTH AMENDMENT TO THE ST. JUDE MEDICAL, INC. MANAGEMENT SAVINGS PLAN - ST JUDE MEDICAL, LLC | stjude2014927_ex10-3q3.htm |
EXCEL - IDEA: XBRL DOCUMENT - ST JUDE MEDICAL, LLC | Financial_Report.xls |
10-Q - 10-Q - ST JUDE MEDICAL, LLC | stj-201492710qq3.htm |
EX-31.2 - CERTIFICATION OF CFO PURSUANT TO SECTION 302 - ST JUDE MEDICAL, LLC | stjude2014927_ex31-2q3.htm |
EXHIBIT 12
ST. JUDE MEDICAL, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(amounts in millions of dollars)
Nine Months Ended | FISCAL YEAR | |||||||||||||||||||||||
September 27, 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||||||
EARNINGS | ||||||||||||||||||||||||
Earnings before income taxes and noncontrolling interest | $ | 810 | $ | 784 | $ | 1,005 | $ | 1,019 | $ | 1,209 | $ | 1,057 | ||||||||||||
Plus fixed charges: | ||||||||||||||||||||||||
Interest expense (1) | 63 | 81 | 73 | 70 | 67 | 46 | ||||||||||||||||||
Rent interest factor (2) | 9 | 12 | 15 | 15 | 12 | 11 | ||||||||||||||||||
TOTAL FIXED CHARGES | 72 | 93 | 88 | 85 | 79 | 57 | ||||||||||||||||||
EARNINGS BEFORE INCOME TAXES AND FIXED CHARGES | $ | 882 | $ | 877 | $ | 1,093 | $ | 1,104 | $ | 1,288 | $ | 1,114 | ||||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 12.3 | 9.4 | 12.4 | 13.0 | 16.3 | 19.5 |
(1) | Interest expense consists of interest on indebtedness and amortization of debt issuance costs. |
(2) | Approximately one-third of rental expense is deemed representative of the interest factor. |