Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - PRECISION CASTPARTS CORP | pcp2015052810k.htm |
| EX-21 - SUBSIDIARIES OF PRECISION CASTPARTS CORP. - PRECISION CASTPARTS CORP | pcp2015052810kex21.htm |
| EX-31.1 - SECTION 302 CEO CERTIFICATION - PRECISION CASTPARTS CORP | pcp2015052810kex311.htm |
| EX-10.4 - AMENDMENT NO. 1 TO CREDIT AGREEMENT DATED 12/15/14 - PRECISION CASTPARTS CORP | pcp2015052810kex104.htm |
| EX-32.1 - SECTION 906 CEO CERTIFICATION - PRECISION CASTPARTS CORP | pcp2015052810kex321.htm |
| EX-32.2 - SECTION 906 CFO CERTIFICATION - PRECISION CASTPARTS CORP | pcp2015052810kex322.htm |
| EX-31.2 - SECTION 302 CFO CERTIFICATION - PRECISION CASTPARTS CORP | pcp2015052810kex312.htm |
| EX-10.3 - AMENDMENT NO. 1 TO CREDIT AGREEMENT DATED 12/16/13 - PRECISION CASTPARTS CORP | pcp2015052810kex103.htm |
| EXCEL - IDEA: XBRL DOCUMENT - PRECISION CASTPARTS CORP | Financial_Report.xls |
| EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM, DELOITTE & TOUCHE LLP - PRECISION CASTPARTS CORP | pcp2015052810kex231.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
Fiscal Years Ended | |||||||||||||||||||
(In millions) | March 29, 2015 | March 30, 2014 | March 31, 2013 | April 1, 2012 | April 3, 2011 | ||||||||||||||
Earnings calculation: | |||||||||||||||||||
Income before income taxes | $ | 2,539 | $ | 2,588 | $ | 2,128 | $ | 1,811 | $ | 1,492 | |||||||||
Fixed charges | 83 | 90 | 51 | 23 | 21 | ||||||||||||||
Less: Capitalized interest | (1 | ) | (1 | ) | (1 | ) | — | — | |||||||||||
Earnings | $ | 2,621 | $ | 2,677 | $ | 2,178 | $ | 1,834 | $ | 1,513 | |||||||||
Fixed charges calculation: | |||||||||||||||||||
Interest expense | $ | 69 | $ | 76 | $ | 38 | $ | 13 | $ | 14 | |||||||||
Add back: capitalized interest | 1 | 1 | 1 | — | — | ||||||||||||||
Portion of rental expense representing an interest factor(1) | 13 | 13 | 12 | 10 | 7 | ||||||||||||||
Total fixed charges | $ | 83 | $ | 90 | $ | 51 | $ | 23 | $ | 21 | |||||||||
Ratio of earnings to fixed charges | 31.6 | 29.7 | 42.7 | 79.7 | 72.0 | ||||||||||||||
(1) Interest portion of operating leases is assumed to be 28 percent. | |||||||||||||||||||