Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - QUEST DIAGNOSTICS INC | ss419933_8k.htm |
| EX-4.18 - SEVENTEENTH SUPPLEMENTAL INDENTURE - QUEST DIAGNOSTICS INC | ss419933_ex0418.htm |
| EX-1.1 - UNDERWRITING AGREEMENT - QUEST DIAGNOSTICS INC | ss419933_ex0101.htm |
| EX-99.1 - PRESS RELEASE ANNOUNCING THE TENDER OFFERS - QUEST DIAGNOSTICS INC | ss419933_ex9901.htm |
| EX-99.3 - PRESS RELEASE ANNOUNCING THE OFFERING - QUEST DIAGNOSTICS INC | ss419933_ex9903.htm |
| EX-5.1 - OPINION OF SHEARMAN & STERLING LLP - QUEST DIAGNOSTICS INC | ss419933_ex0501.htm |
| EX-99.2 - PRESS RELEASE ANNOUNCING THE AMENDMENT OF THE TERMS OF THE TENDER OFFERS - QUEST DIAGNOSTICS INC | ss419933_ex9902.htm |
Exhibit 12.1
QUEST DIAGNOSTICS INCORPORATED
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(DOLLARS IN MILLIONS, EXCEPT RATIOS)
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Year Ended December 31,
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2014
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2013
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2012
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2011
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2010
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Income from continuing operations before taxes, equity earnings and net income attributable to non-controlling interests
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820 | 1,323 | 1,042 | 820 | 1,145 | |||||||||||||||
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Adjustments:
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Distributed income from less than 50% owned companies
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24 | 25 | 25 | 29 | 31 | |||||||||||||||
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Fixed charges
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250 | 237 | 239 | 245 | 219 | |||||||||||||||
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Earnings from continuing operations before taxes and fixed charges, as adjusted
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1,094 | 1,585 | 1,306 | 1,094 | 1,395 | |||||||||||||||
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Fixed charges:
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Interest expense
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170 | 163 | 169 | 173 | 148 | |||||||||||||||
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Portion of rent expense which represents interest factor
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80 | 74 | 70 | 72 | 71 | |||||||||||||||
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Total fixed charges
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250 | 237 | 239 | 245 | 219 | |||||||||||||||
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Ratio of earnings to fixed charges
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4.4 | x | 6.7 | x | 5.5 | x | 4.5 | x | 6.4 | x | ||||||||||