Attached files
file | filename |
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10-K/A - AMENDMENT NO. 1 TO FORM 10-K - EBAY INC | d138652d10ka.htm |
EX-31.01 - EX-31.01 - EBAY INC | d138652dex3101.htm |
EX-31.02 - EX-31.02 - EBAY INC | d138652dex3102.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 | |||||||||||||||
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Earnings(2) |
$ | 3,449 | $ | 2,430 | $ | 2,684 | $ | 2,687 | $ | 2,570 | ||||||||||
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Fixed Charges(1) |
$ | 52 | $ | 86 | $ | 123 | $ | 148 | $ | 170 | ||||||||||
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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. |