Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - WHOLE FOODS MARKET INC | wfm10k2017ex322.htm |
| EX-32.1 - EXHIBIT 32.1 - WHOLE FOODS MARKET INC | wfm10k2017ex321.htm |
| EX-31.2 - EXHIBIT 31.2 - WHOLE FOODS MARKET INC | wfm10k2017ex312.htm |
| EX-31.1 - EXHIBIT 31.1 - WHOLE FOODS MARKET INC | wfm10k2017ex311.htm |
| 10-K - 10-K - WHOLE FOODS MARKET INC | wfm10k2017.htm |
Exhibit 12.1
Whole Foods Market, Inc.
Computation of Ratio of Earnings to Fixed Charges
(In millions, except ratio data)
September 24, 2017 | September 25, 2016 | September 27, 2015 | September 28, 2014 | September 29, 2013 | |||||||||||||||
Earnings: | |||||||||||||||||||
Income before income taxes | $ | 417 | $ | 827 | $ | 878 | $ | 894 | $ | 752 | |||||||||
Rent expense | 508 | 477 | 441 | 407 | 353 | ||||||||||||||
x 1/3 | x 1/3 | x 1/3 | x 1/3 | x 1/3 | |||||||||||||||
One-third of rent expense | 169 | 159 | 147 | 136 | 125 | ||||||||||||||
Interest expense | 49 | 41 | — | — | — | ||||||||||||||
Fixed charges to add to earnings | 218 | 200 | 147 | 136 | 125 | ||||||||||||||
Total available earnings | $ | 635 | $ | 1,027 | $ | 1,025 | $ | 1,030 | $ | 877 | |||||||||
Fixed charges: | |||||||||||||||||||
Interest expense | $ | 49 | $ | 41 | $ | — | $ | — | $ | — | |||||||||
Capitalized interest | 5 | 3 | — | — | 1 | ||||||||||||||
Total interest | 54 | 44 | — | — | 1 | ||||||||||||||
One-third of rent expense | 169 | 159 | 147 | 136 | 125 | ||||||||||||||
Total fixed charges | $ | 223 | $ | 203 | $ | 147 | $ | 136 | $ | 126 | |||||||||
Ratio of earnings to fixed charges | 2.85x | 5.06x | 6.98x | 7.97x | 8.18x | ||||||||||||||