Attached files
| file | filename |
|---|---|
| EX-32.2 - SECTION 906 CFO CERTIFICATION - TYSON FOODS, INC. | tsn2016q2exh-322.htm |
| EX-10.1 - AMENDMENT NO. 1 TO TERM LOAN AGREEMENT - TYSON FOODS, INC. | amendmentno1totermloanagre.htm |
| EX-32.1 - SECTION 906 CEO CERTIFICATION - TYSON FOODS, INC. | tsn2016q2exh-321.htm |
| EX-10.2 - EMPLOYMENT AGREEMENT, DATED APRIL 25, 2016, BY AND BETWEEN MONICA MCGURK - TYSON FOODS, INC. | employmentagreementdatedap.htm |
| EX-31.2 - SECTION 302 CFO CERTIFICATION - TYSON FOODS, INC. | tsn2016q2exh-312.htm |
| EX-31.1 - SECTION 302 CEO CERTIFICATION - TYSON FOODS, INC. | tsn2016q2exh-311.htm |
| 10-Q - 10-Q - TYSON FOODS, INC. | tsn2016q210q.htm |
EXHIBIT 12.1
Ratio of Earnings to Fixed Charges
(dollars in millions) | |||||||||||||||||||
Six Months Ended | Fiscal Years | ||||||||||||||||||
April 2, 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
Earnings: | |||||||||||||||||||
Income from continuing operations before income taxes and equity method investment earnings | $ | 1,351 | $ | 1,908 | $ | 1,241 | $ | 1,254 | $ | 949 | |||||||||
Add: Fixed charges | 164 | 358 | 194 | 219 | 264 | ||||||||||||||
Add: Amortization of capitalized interest | 3 | 5 | 5 | 5 | 5 | ||||||||||||||
Less: Capitalized interest | (4 | ) | (10 | ) | (8 | ) | (8 | ) | (10 | ) | |||||||||
Total adjusted earnings | 1,514 | 2,261 | 1,432 | 1,470 | 1,208 | ||||||||||||||
Fixed Charges: | |||||||||||||||||||
Interest | 128 | 283 | 122 | 116 | 150 | ||||||||||||||
Capitalized interest | 4 | 10 | 8 | 8 | 10 | ||||||||||||||
Amortization of debt discount expense | 4 | 10 | 10 | 28 | 39 | ||||||||||||||
Rentals at computed interest factor (1) | 29 | 55 | 54 | 67 | 65 | ||||||||||||||
Total fixed charges | $ | 165 | $ | 358 | $ | 194 | $ | 219 | $ | 264 | |||||||||
Ratio of Earnings to Fixed Charges | 9.18 | 6.32 | 7.38 | 6.71 | 4.58 | ||||||||||||||
(1) | Amounts represent those portions of rent expense (one-third) that are reasonable approximations of interest costs. |