Attached files
file | filename |
---|---|
EXCEL - IDEA: XBRL DOCUMENT - BARD C R INC /NJ/ | Financial_Report.xls |
EX-31.1 - EX-31.1 - BARD C R INC /NJ/ | d886584dex311.htm |
10-Q - 10-Q - BARD C R INC /NJ/ | d886584d10q.htm |
EX-31.2 - EX-31.2 - BARD C R INC /NJ/ | d886584dex312.htm |
EX-32.2 - EX-32.2 - BARD C R INC /NJ/ | d886584dex322.htm |
EX-32.1 - EX-32.1 - BARD C R INC /NJ/ | d886584dex321.htm |
EXHIBIT 12.1
C. R. BARD, INC. AND SUBSIDIARIES
Exhibit 12.1 - Computation of Ratio of Earnings to Fixed Charges
Three Months | Years Ended December 31, | |||||||||||||||||||||||
Ended March 31, 2015 |
2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||||||
(dollars in millions) | ||||||||||||||||||||||||
Earnings from operations before taxes |
$ | 184.6 | $ | 445.8 | $ | 1,213.4 | $ | 732.4 | $ | 510.8 | $ | 717.7 | ||||||||||||
Add (Deduct): |
||||||||||||||||||||||||
Fixed charges |
13.3 | 52.9 | 52.4 | 46.1 | 42.7 | 18.4 | ||||||||||||||||||
Undistributed earnings of equity investments |
0.7 | 0.3 | (1.0) | (9.6) | (3.8) | (3.6) | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Earnings available for fixed charges |
$ | 198.6 | $ | 499.0 | $ | 1,264.8 | $ | 768.9 | $ | 549.7 | $ | 732.5 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Fixed charges: |
||||||||||||||||||||||||
Interest, including amounts capitalized(1) |
$ | 11.3 | $ | 44.8 | $ | 45.0 | $ | 39.6 | $ | 36.4 | $ | 12.7 | ||||||||||||
Proportion of rent expense deemed to represent interest factor |
2.0 | 8.1 | 7.4 | 6.5 | 6.3 | 5.7 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Fixed charges |
$ | 13.3 | $ | 52.9 | $ | 52.4 | $ | 46.1 | $ | 42.7 | $ | 18.4 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Ratio of earnings to fixed charges |
14.93 | 9.43 | 24.14 | 16.68 | 12.87 | 39.81 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
(1) | Interest related to unrecognized tax benefits is included as income tax expense and not included in fixed charges. |