Attached files
file | filename |
---|---|
EX-32.2 - EX-32.2 - CHURCH & DWIGHT CO INC /DE/ | chd-ex322_9.htm |
EX-32.1 - EX-32.1 - CHURCH & DWIGHT CO INC /DE/ | chd-ex321_12.htm |
EX-31.2 - EX-31.2 - CHURCH & DWIGHT CO INC /DE/ | chd-ex312_10.htm |
EX-31.1 - EX-31.1 - CHURCH & DWIGHT CO INC /DE/ | chd-ex311_8.htm |
EX-23.1 - EX-23.1 - CHURCH & DWIGHT CO INC /DE/ | chd-ex231_13.htm |
EX-21 - EX-21 - CHURCH & DWIGHT CO INC /DE/ | chd-ex21_14.htm |
EX-10.9.2 - EX-10.9.2 - CHURCH & DWIGHT CO INC /DE/ | chd-ex1092_100.htm |
10-K - 10-K - CHURCH & DWIGHT CO INC /DE/ | chd-10k_20171231.htm |
EXHIBIT 12
CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES
Exhibit 12 - Ratio of Earnings to Fixed Charges
(Dollars in millions) |
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Years ended December 31, |
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2017 |
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2016 |
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2015 |
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2014 |
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2013 |
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Interest expense and amortization of debt expense and premium |
$ |
52.6 |
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$ |
27.7 |
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$ |
30.5 |
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$ |
27.4 |
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$ |
27.7 |
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Capitalized interest |
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0.2 |
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0.3 |
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0.6 |
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0.7 |
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0.4 |
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Interest in rent expense |
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8.1 |
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6.2 |
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6.1 |
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6.2 |
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6.9 |
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Total fixed charges |
$ |
60.9 |
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$ |
34.2 |
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$ |
37.2 |
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$ |
34.3 |
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$ |
35.0 |
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Income before Income Taxes |
692.7 |
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$ |
705.9 |
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$ |
635.4 |
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$ |
624.9 |
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$ |
597.8 |
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Plus: |
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Fixed Charges |
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60.9 |
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34.2 |
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37.2 |
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34.3 |
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35.0 |
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Amortization of capitalized interest |
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0.9 |
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0.9 |
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0.9 |
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0.9 |
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0.9 |
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Distributed income from equity investment |
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10.1 |
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9.0 |
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12.0 |
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12.5 |
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7.7 |
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Less: |
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Capitalized interest |
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(0.2 |
) |
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(0.3 |
) |
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(0.6 |
) |
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(0.7 |
) |
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(0.4 |
) |
Equity in (earnings) losses of affiliates |
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(10.8 |
) |
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(9.2 |
) |
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5.8 |
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(11.6 |
) |
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(2.8 |
) |
Earnings as adjusted |
$ |
753.6 |
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$ |
740.5 |
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$ |
690.7 |
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$ |
660.3 |
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$ |
638.2 |
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Ratio of earnings to fixed charges |
|
12.4 |
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21.7 |
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18.6 |
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19.3 |
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18.2 |
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