COCA-COLA EUROPEAN PARTNERS US, LLC - FORM 10-K - EX-12 - EARNINGS TO FIXED CHARGES - February 11, 2016

Attached files

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EX-32.2 - 906 CERTIFICATION OF CHIEF FINANCIAL OFFICER - COCA-COLA EUROPEAN PARTNERS US, LLCex322-201510k.htm
EX-31.2 - 302 CERTIFICATION OF CHIEF FINANCIAL OFFICER - COCA-COLA EUROPEAN PARTNERS US, LLCex312-201510k.htm
EX-32.1 - 906 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - COCA-COLA EUROPEAN PARTNERS US, LLCex321-201510k.htm
EX-31.1 - 302 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - COCA-COLA EUROPEAN PARTNERS US, LLCex311-201510k.htm
EX-10.5 - EMPLOYMENT AGREEMENT - RONALD LEWIS - COCA-COLA EUROPEAN PARTNERS US, LLCex105-201510klewiscontract.htm
EX-10.8 - EXECUTIVE SEVERANCE PLAN - COCA-COLA EUROPEAN PARTNERS US, LLCex108-201510kexecutiveseve.htm
EX-24 - POWER OF ATTORNEY - COCA-COLA EUROPEAN PARTNERS US, LLCex24-powersofattorneyx2015.htm
EX-23 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - COCA-COLA EUROPEAN PARTNERS US, LLCex23-consentofindependentr.htm
10-K - 10-K - COCA-COLA EUROPEAN PARTNERS US, LLCa201510kcce.htm
EX-21 - SUBSIDIARIES OF COCA-COLA ENTERPRISES, INC. - COCA-COLA EUROPEAN PARTNERS US, LLCex21-subsidiariesofccex201.htm


EXHIBIT 12
COCA-COLA ENTERPRISES, INC.
EARNINGS TO FIXED CHARGES
(in millions; except ratios)
 
 
Year-ended December 31,
 
2015
 
2014
 
2013
 
2012
 
2011
Computation of Earnings:
 
 
 
 
 
 
 
 
 
   Income before income taxes
$
744

 
$
893

 
$
805

 
$
837

 
$
945

      Add:
 
 
 
 
 
 
 
 
 
         Interest expense
117

 
120

 
107

 
101

 
90

         Amortization of debt premium/discount and expenses
3

 
3

 
2

 
1

 
1

         Interest portion of rent expense
23

 
29

 
30

 
29

 
29

   Earnings as adjusted
$
887

 
$
1,045

 
$
944

 
$
968

 
$
1,065

Computation of Fixed Charges:
 
 
 
 
 
 
 
 
 
   Interest expense
$
117

 
$
120

 
$
107

 
$
101

 
$
90

   Capitalized interest
—

 
—

 
1

 
—

 
—

   Amortization of debt premium/discount and expenses
3

 
3

 
2

 
1

 
1

   Interest portion of rent expense
23

 
29

 
30

 
29

 
29

   Fixed charges
$
143

 
$
152

 
$
140

 
$
131

 
$
120

Ratio of Earnings to Fixed Charges(A)
6.20

 
6.90

 
6.73

 
7.38

 
8.89

___________________________ 
(A)     Ratios were calculated prior to rounding to millions.



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