Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - Old COPPER Company, Inc. | jcp-0203201810kexhibit322.htm |
| EX-32.1 - EXHIBIT 32.1 - Old COPPER Company, Inc. | jcp-0203201810kexhibit321.htm |
| EX-31.2 - EXHIBIT 31.2 - Old COPPER Company, Inc. | jcp-0203201810kexhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 - Old COPPER Company, Inc. | jcp-0203201810kexhibit311.htm |
| EX-24 - EXHIBIT 24 - Old COPPER Company, Inc. | jcp-0203201810kexhibit24.htm |
| EX-23 - EXHIBIT 23 - Old COPPER Company, Inc. | jcp-0203201810kexhibit23.htm |
| EX-21 - EXHIBIT 21 - Old COPPER Company, Inc. | jcp-0203201810kexhibit21.htm |
| EX-10.47 - EXHIBIT 10.47 - Old COPPER Company, Inc. | jcp-0203201810kexhibit1047.htm |
| EX-4.4 - EXHIBIT 4.4 - Old COPPER Company, Inc. | jcp-02031810xkexhibit44.htm |
| 10-K - 10-K - Old COPPER Company, Inc. | jcp-0203201810k.htm |
Exhibit 12
J. C. Penney Company, Inc.
Computation of Ratios of Earnings to Fixed Charges
(Unaudited)
53 Weeks | 52 Weeks | 52 Weeks | 52 Weeks | 52 Weeks | |||||||||||||||
Ended | Ended | Ended | Ended | Ended | |||||||||||||||
($ in millions) | 2/3/2018 | 1/28/2017 | 1/30/2016 | 1/31/2015 | 2/1/2014 | ||||||||||||||
Income/(loss) from continuing operations before income taxes | $ | (242 | ) | $ | 2 | $ | (504 | ) | $ | (694 | ) | $ | (1,708 | ) | |||||
Fixed charges: | |||||||||||||||||||
Net interest expense | 325 | 363 | 405 | 406 | 352 | ||||||||||||||
Interest income included in net interest | 1 | — | — | — | 1 | ||||||||||||||
Loss on extinguishment of debt, bond premiums and unamortized costs | 33 | 30 | 10 | 34 | 114 | ||||||||||||||
Estimated interest within rental expense | 93 | 93 | 94 | 98 | 99 | ||||||||||||||
Total fixed charges | 452 | 486 | 509 | 538 | 566 | ||||||||||||||
Total earnings available for fixed charges | $ | 210 | $ | 488 | $ | 5 | $ | (156 | ) | $ | (1,142 | ) | |||||||
Ratio of earnings to fixed charges | 0.5 | 1.0 | — | (0.3 | ) | (2.0 | ) | ||||||||||||
Coverage deficiency | 242 | NA | 504 | 694 | 1,708 | ||||||||||||||