Attached files
file | filename |
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EX-31.2 - EXHIBIT 31.2 - HOSPIRA INC | hsp-ex312_2015630x10q.htm |
10-Q - 10-Q - HOSPIRA INC | hsp-2015630x10q.htm |
EX-32.1 - EXHIBIT 32.1 - HOSPIRA INC | hsp-ex321_2015630x10q.htm |
EX-31.1 - EXHIBIT 31.1 - HOSPIRA INC | hsp-ex311_2015630x10q.htm |
EX-32.2 - EXHIBIT 32.2 - HOSPIRA INC | hsp-ex322_2015630x10q.htm |
Exhibit 12.1
Hospira, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(dollars in millions)
Six Months Ended | |||
June 30, 2015 | |||
Income from Continuing Operations Before Income Taxes and Equity Income | $ | 327.9 | |
Add: | |||
One-third of rents | 5.4 | ||
Interest expense | 30.2 | ||
Amortization of capitalized interest | 5.7 | ||
Earnings from Continuing Operations | $ | 369.2 | |
Fixed charges: | |||
One-third of rents | $ | 5.4 | |
Interest expense | 30.2 | ||
Interest capitalized | 19.6 | ||
Fixed Charges from Continuing Operations | $ | 55.2 | |
Ratio of Earnings to Fixed Charges from Continuing Operations | 6.7 |
For purposes of computing this ratio, “earnings” consist of income from continuing operations before income taxes and equity income, one-third of rents (deemed by Hospira to be representative of the interest factor inherent in rents), interest expense and amortization of capitalized interest. “Fixed charges” consist of one-third of rents, interest expense and interest capitalized.