Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - TWENTY-FIRST CENTURY FOX, INC. | fox-10q_20170930.htm |
| EX-32.1 - EX-32.1 - TWENTY-FIRST CENTURY FOX, INC. | fox-ex321_8.htm |
| EX-31.2 - EX-31.2 - TWENTY-FIRST CENTURY FOX, INC. | fox-ex312_6.htm |
| EX-31.1 - EX-31.1 - TWENTY-FIRST CENTURY FOX, INC. | fox-ex311_9.htm |
| EX-10.2 - EX-10.2 - TWENTY-FIRST CENTURY FOX, INC. | fox-ex102_33.htm |
Exhibit 12.1
Twenty-First Century Fox, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in Millions, Except Ratio Amounts)
(Unaudited)
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For the three months ended September 30, |
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2017 |
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2016 |
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Earnings |
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Income from continuing operations before income tax expense |
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$ |
1,295 |
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$ |
1,237 |
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Add |
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Equity earnings of affiliates |
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(60 |
) |
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(35 |
) |
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Cash distributions received from affiliates |
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5 |
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2 |
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Fixed charges, excluding capitalized interest |
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336 |
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|
319 |
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Amortization of capitalized interest |
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8 |
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|
7 |
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Total earnings available for fixed charges |
|
$ |
1,584 |
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|
$ |
1,530 |
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Fixed charges |
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Interest on debt and finance lease charges |
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$ |
313 |
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|
$ |
300 |
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Capitalized interest |
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6 |
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4 |
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Interest element on rental expense |
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23 |
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19 |
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Total fixed charges |
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$ |
342 |
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$ |
323 |
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Ratio of earnings to fixed charges |
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4.6 |
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4.7 |
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