Attached files

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10-K/A - AMENDMENT NO. 1 TO FORM 10-K - EBAY INCd138652d10ka.htm
EX-31.01 - EX-31.01 - EBAY INCd138652dex3101.htm
EX-31.02 - EX-31.02 - EBAY INCd138652dex3102.htm

Exhibit 12.01

eBay Inc.

Computation of Ratios of Earnings to Fixed Charges

 

     Year Ended December 31,  
     2011      2012      2013      2014      2015  
     (In millions, except ratio data)  

Income from Continuing Operations Before Income Taxes, Noncontrolling Interest and Income/Loss of Equity Method Investees

   $ 3,397       $ 2,344       $ 2,561       $ 2,539       $ 2,400   

Add: Fixed charges(1)

     52         86         123         148         170   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Earnings(2)

   $ 3,449       $ 2,430       $ 2,684       $ 2,687       $ 2,570   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Fixed Charges(1)

   $ 52       $ 86       $ 123       $ 148       $ 170   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Ratio of Earnings to Fixed Charges

     66.4x         28.3x         21.8x         18.2x         15.1x   

 

(1) Fixed Charges consist of interest expense and our estimate of an appropriate portion of rentals representative of the interest factor. The estimate of interest within rental expense is estimated to be one-third of rental expense.
(2) Earnings consist of income from continuing operations before income taxes, noncontrolling interest and equity in gains or losses of equity method investees plus Fixed Charges.