Attached files
| file | filename |
|---|---|
| 10-Q - TYSON FOODS, INC. FORM 10-Q - TYSON FOODS, INC. | tsn2015q110q.htm |
| EX-31.1 - SECTION 302 CEO CERTIFICATION - TYSON FOODS, INC. | tsn2015q1exh-311.htm |
| EX-32.1 - SECTION 906 CEO CERTIFICATION - TYSON FOODS, INC. | tsn2015q1exh-321.htm |
| EX-32.2 - SECTION 906 CFO CERTIFICATION - TYSON FOODS, INC. | tsn2015q1exh-322.htm |
| EX-31.2 - SECTION 302 CFO CERTIFICATION - TYSON FOODS, INC. | tsn2015q1exh-312.htm |
| EXCEL - IDEA: XBRL DOCUMENT - TYSON FOODS, INC. | Financial_Report.xls |
EXHIBIT 12.1
Ratio of Earnings to Fixed Charges
(dollars in millions) | ||||||||||||||||||||
Three Months Ending | Fiscal Years | |||||||||||||||||||
December 27, 2014 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Income from continuing operations before income taxes and equity method investment earnings | $ | 434 | $ | 1,241 | $ | 1,254 | $ | 949 | $ | 1,066 | ||||||||||
Add: Fixed charges | 94 | 194 | 219 | 264 | 305 | |||||||||||||||
Add: Amortization of capitalized interest | 1 | 5 | 5 | 5 | 4 | |||||||||||||||
Less: Capitalized interest | (2 | ) | (8 | ) | (8 | ) | (10 | ) | (9 | ) | ||||||||||
Total adjusted earnings | 527 | 1,432 | 1,470 | 1,208 | 1,366 | |||||||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest | 73 | 122 | 116 | 150 | 191 | |||||||||||||||
Capitalized interest | 2 | 8 | 8 | 10 | 9 | |||||||||||||||
Amortization of debt discount expense | 4 | 10 | 28 | 39 | 44 | |||||||||||||||
Rentals at computed interest factor (1) | 15 | 54 | 67 | 65 | 61 | |||||||||||||||
Total fixed charges | $ | 94 | $ | 194 | $ | 219 | $ | 264 | $ | 305 | ||||||||||
Ratio of Earnings to Fixed Charges | 5.61 | 7.38 | 6.71 | 4.58 | 4.48 | |||||||||||||||
(1) | Amounts represent those portions of rent expense (one-third) that are reasonable approximations of interest costs. |