Attached files
| file | filename |
|---|---|
| EX-5.1 - EX-5.1 - BROWN FORMAN CORP | d558670dex51.htm |
| EX-4.6 - EX-4.6 - BROWN FORMAN CORP | d558670dex46.htm |
| EX-4.5 - EX-4.5 - BROWN FORMAN CORP | d558670dex45.htm |
| EX-4.4 - EX-4.4 - BROWN FORMAN CORP | d558670dex44.htm |
| EX-1.1 - EX-1.1 - BROWN FORMAN CORP | d558670dex11.htm |
| 8-K - 8-K - BROWN FORMAN CORP | d558670d8k.htm |
EXHIBIT 12.1
BROWN-FORMAN CORPORATION
Computation of Ratios of Earnings to Fixed Charges
(Dollars in millions)
| Year Ended April 30 | For the Nine Months Ended January 31, |
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | |||||||||||||||||||
| Earnings available for fixed charges |
$ | 907.4 | $ | 981.8 | $ | 1,037.0 | $ | 1,541.5 | $ | 999.8 | $ | 904.2 | ||||||||||||
| Fixed Charges: |
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| Interest incurred |
$ | 36.1 | $ | 28.6 | $ | 29.2 | $ | $45.9 | $ | 60.2 | $ | 51.0 | ||||||||||||
| Portion of rent expense deemed to represent interest factor |
7.3 | 7.8 | 7.7 | 7.7 | 7.5 | 6.4 | ||||||||||||||||||
| Fixed charges |
$ | 43.4 | $ | 36.4 | $ | 36.9 | $ | 53.6 | $ | 67.7 | $ | 57.4 | ||||||||||||
| Ratio of earnings to fixed charges |
20.9 | x | 26.9 | x | 28.1 | x | 28.8 | x | 14.8 | x | 15.7 | x | ||||||||||||