Attached files
file | filename |
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EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SEC RULE 13A-14(A - TYSON FOODS, INC. | tsn2017q4exh-312.htm |
EX-21 - EXHIBIT 21 - TYSON FOODS, INC. | tsn2017q4exh-21subsidiaries.htm |
10-K - 10-K - TYSON FOODS, INC. | tsn201710kq4.htm |
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS - TYSON FOODS, INC. | tsn2017q4exh-322.htm |
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS - TYSON FOODS, INC. | tsn2017q4exh-321.htm |
EX-31.1 - CERTFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SEC RULE 13A-14(A)/15D-14(A - TYSON FOODS, INC. | tsn2017q4exh-311.htm |
EX-23 - EXHIBIT 23 - TYSON FOODS, INC. | tsn2017q4exh-23.htm |
EX-10.76 - EXHIBIT 10.76 - TYSON FOODS, INC. | tsn2017q4exh-1076.htm |
EXHIBIT 12.1
Ratio of Earnings to Fixed Charges
(dollars in millions) | ||||||||||||||||||||
Fiscal Years | ||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Income from continuing operations before income taxes and equity method investment earnings | $ | 2,609 | $ | 2,586 | $ | 1,908 | $ | 1,241 | $ | 1,254 | ||||||||||
Add: Fixed charges | 353 | 313 | 358 | 194 | 219 | |||||||||||||||
Add: Amortization of capitalized interest | 7 | 7 | 5 | 5 | 5 | |||||||||||||||
Less: Capitalized interest | (12 | ) | (7 | ) | (10 | ) | (8 | ) | (8 | ) | ||||||||||
Total adjusted earnings | 2,957 | 2,899 | 2,261 | 1,432 | 1,470 | |||||||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest | 266 | 241 | 283 | 122 | 116 | |||||||||||||||
Capitalized interest | 12 | 7 | 10 | 8 | 8 | |||||||||||||||
Amortization of debt issuance and debt discount expense | 13 | 8 | 10 | 10 | 28 | |||||||||||||||
Rentals at computed interest factor (1) | 62 | 57 | 55 | 54 | 67 | |||||||||||||||
Total fixed charges | $ | 353 | $ | 313 | $ | 358 | $ | 194 | $ | 219 | ||||||||||
Ratio of Earnings to Fixed Charges | 8.38 | 9.26 | 6.32 | 7.38 | 6.71 |
(1) | Amounts represent those portions of rent expense (one-third) that are reasonable approximations of interest costs. |