SYSCO CORP - FORM 10-Q - EX-12.1 - EXHIBIT 12.1

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											Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	13-Week Period Ended		Fiscal Year
(dollars in thousands)	September 30, 2017		July 1, 2017		July 2, 2016 ⁽²⁾		June 27, 2015		June 28, 2014		June 29, 2013
Earnings before income taxes	$	546,456	$	1,766,230	$	1,433,007	$	1,008,147	$	1,475,624	$	1,547,455
Add: Fixed charges	92,299		348,619		339,358		281,756		147,922		153,840
Subtract: Capitalized interest	247		2,038		2,032		866		1,097		4,242
Total	$	638,508	$	2,112,811	$	1,770,333	$	1,289,037	$	1,622,449	$	1,697,053
Fixed Charges:
Interest expense	$	80,884	$	302,878	$	306,146	$	254,807	$	123,741	$	128,495
Capitalized interest	247		2,038		2,032		866		1,097		4,242
Rent expense interest factor	11,168		43,703		31,180		26,083		23,084		21,103
Total	$	92,299	$	348,619	$	339,358	$	281,756	$	147,922	$	153,840

Ratio of earnings to fixed charges ⁽¹⁾	6.9		6.1		5.2		4.6		11.0		11.0

(1) For the purpose of calculating this ratio, “earnings” consist of earnings before income taxes and fixed charges (exclusive of interest capitalized). “Fixed charges” consist of interest expense, capitalized interest and the estimated interest portion of rents.
(2) The fiscal year ended July 2, 2016 was a 53-week year.

SYSCO CORP - FORM 10-Q - EX-12.1 - EXHIBIT 12.1 - November 9, 2017