Attached files
| file | filename |
|---|---|
| EX-32.1 - EXHIBIT 32.1 - NEWELL BRANDS INC. | nwl-ex321x123115.htm |
| EX-32.2 - EXHIBIT 32.2 - NEWELL BRANDS INC. | nwl-ex322x123115.htm |
| EX-23.1 - EXHIBIT 23.1 - NEWELL BRANDS INC. | nwl-ex231x123115.htm |
| EX-31.2 - EXHIBIT 31.2 - NEWELL BRANDS INC. | nwl-ex312x123115.htm |
| EX-21 - EXHIBIT 21 - NEWELL BRANDS INC. | nwl-ex21x123115.htm |
| EX-31.1 - EXHIBIT 31.1 - NEWELL BRANDS INC. | nwl-ex311x123115.htm |
| 10-K - 10-K - NEWELL BRANDS INC. | nwl-12312015x10k.htm |
| EX-10.35 - EXHIBIT 10.35 - NEWELL BRANDS INC. | nwl-ex1035x123115.htm |
EXHIBIT 12
NEWELL RUBBERMAID INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Years Ended December 31, | |||||||||||||||
(dollars in millions) | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||
Earnings Available for Fixed Charges: | |||||||||||||||
Income before income taxes | $ | 337.5 | $ | 462.1 | $ | 536.3 | $ | 552.0 | $ | 202.3 | |||||
Equity in earnings of affiliates | (0.6 | ) | — | 0.2 | (0.6 | ) | 1.5 | ||||||||
Total earnings | 336.9 | 462.1 | 536.5 | 551.4 | 203.8 | ||||||||||
Fixed charges: | |||||||||||||||
Interest expense (1) | 88.1 | 64.3 | 62.3 | 80.4 | 88.4 | ||||||||||
Portion of rent determined to be interest (2) | 34.7 | 35.0 | 37.7 | 41.2 | 40.2 | ||||||||||
$ | 459.7 | $ | 561.4 | $ | 636.5 | $ | 673.0 | $ | 332.4 | ||||||
Fixed Charges: | |||||||||||||||
Interest expensed and capitalized | $ | 89.3 | $ | 64.4 | $ | 62.4 | $ | 81.3 | $ | 90.1 | |||||
Portion of rent determined to be interest (2) | 34.7 | 35.0 | 37.7 | 41.2 | 40.2 | ||||||||||
$ | 124.0 | $ | 99.4 | $ | 100.1 | $ | 122.5 | $ | 130.3 | ||||||
Ratio of Earnings to Fixed Charges | 3.71 | 5.65 | 6.36 | 5.49 | 2.55 | ||||||||||
(1) | Excludes interest capitalized during the year. |
(2) | A standard ratio of 33% was applied to gross rent expense to approximate the interest portion of short-term and long-term leases. |