Attached files
file | filename |
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10-Q - 10-Q - COCA-COLA EUROPEAN PARTNERS US, LLC | a2015q210qcce.htm |
EX-31.1 - 302 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - COCA-COLA EUROPEAN PARTNERS US, LLC | a2015q2ex311cce.htm |
EX-32.2 - 906 CERTIFICATION OF CHIEF FINANCIAL OFFICER - COCA-COLA EUROPEAN PARTNERS US, LLC | a2015q2ex322cce.htm |
EX-31.2 - 302 CERTIFICATION OF CHIEF FINANCIAL OFFICER - COCA-COLA EUROPEAN PARTNERS US, LLC | a2015q2ex312cce.htm |
EX-32.1 - 906 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - COCA-COLA EUROPEAN PARTNERS US, LLC | a2015q2ex321cce.htm |
EXHIBIT 12
COCA-COLA ENTERPRISES, INC.
EARNINGS TO FIXED CHARGES
(in millions; except ratios)
Second Quarter | First Six Months | ||||||||||||||
2015 | 2014 | 2015 | 2014 | ||||||||||||
Computation of Earnings: | |||||||||||||||
Income before income taxes | $ | 243 | $ | 266 | $ | 373 | $ | 421 | |||||||
Add: | |||||||||||||||
Interest expense | 31 | 30 | 61 | 58 | |||||||||||
Amortization of debt premium/discount and expenses | — | — | 1 | 1 | |||||||||||
Interest portion of rent expense | 6 | 6 | 12 | 12 | |||||||||||
Earnings as adjusted | $ | 280 | $ | 302 | $ | 447 | $ | 492 | |||||||
Computation of Fixed Charges: | |||||||||||||||
Interest expense | $ | 31 | $ | 30 | $ | 61 | $ | 58 | |||||||
Amortization of debt premium/discount and expenses | — | — | 1 | 1 | |||||||||||
Interest portion of rent expense | 6 | 6 | 12 | 12 | |||||||||||
Fixed charges | $ | 37 | $ | 36 | $ | 74 | $ | 71 | |||||||
Ratio of Earnings to Fixed Charges(A) | 7.39 | 8.23 | 6.01 | 6.86 |
___________________________
(A) | Ratios were calculated prior to rounding to millions. |