Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT 32 - J M SMUCKER Co | sjm43018-10kex32.htm |
| EX-31.2 - EXHIBIT 31.2 - J M SMUCKER Co | sjm43018-10kex312.htm |
| EX-31.1 - EXHIBIT 31.1 - J M SMUCKER Co | sjm43018-10kex311.htm |
| EX-24 - EXHIBIT 24 - J M SMUCKER Co | sjm43018-10kex24.htm |
| EX-23 - EXHIBIT 23 - J M SMUCKER Co | sjm43018-10kex23.htm |
| EX-21 - EXHIBIT 21 - J M SMUCKER Co | sjm43018-10kex21.htm |
| EX-13 - EXHIBIT 13 - J M SMUCKER Co | sjm43018-10kex13.htm |
| EX-10.30 - EXHIBIT 10.30 - J M SMUCKER Co | sjm43018-10kex1030.htm |
| EX-2.2 - EXHIBIT 2.2 - J M SMUCKER Co | sjm43018-10kex22.htm |
| 10-K - 10-K - J M SMUCKER Co | sjm43018-10xk.htm |
Exhibit 12.1
The J. M. Smucker Company
Computation of Ratio of Earnings to Fixed Charges
(in millions of dollars)
April 30, 2018 Year Ended | |||
Earnings before fixed charges: | |||
Income before income taxes | $ | 861.0 | |
Total fixed charges | 210.8 | ||
Less: capitalized interest | (2.2 | ) | |
Earnings available for fixed charges | $ | 1,069.6 | |
Fixed charges: | |||
Interest and other debt expense, net of capitalized interest | $ | 176.9 | |
Capitalized interest | 2.2 | ||
Estimated interest portion of rent expense (A) | 31.7 | ||
Total fixed charges | $ | 210.8 | |
Ratio of earnings to fixed charges | 5.1 | ||
(A) | For purposes of this calculation, management estimates approximately one-third of rent expense is representative of interest expense. |