Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - KROGER CO | kr-20180526x10q.htm |
| EX-32.1 - EX-32.1 - KROGER CO | kr-20180526ex321f95572.htm |
| EX-31.2 - EX-31.2 - KROGER CO | kr-20180526ex312db1607.htm |
| EX-31.1 - EX-31.1 - KROGER CO | kr-20180526ex311492a75.htm |
EXHIBIT 99.1
Schedule of computation of ratio of earnings to fixed charges of The Kroger Co. and consolidated subsidiary companies for the five fiscal years ended February 3, 2018 and for the first quarters ended May 26, 2018 and May 20, 2017.
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May 26, |
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May 20, |
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February 3, |
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January 28, |
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January 30, |
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January 31, |
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February 1, |
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2018 |
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2017 |
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2018 |
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2017 |
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2016 |
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2015 |
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2014 |
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(16 weeks) |
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(16 weeks) |
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(53 weeks) |
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(52 weeks) |
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(52 weeks) |
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(52 weeks) |
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(52 weeks) |
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(In millions, except ratio) |
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Earnings: |
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Earnings before tax expense |
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$ |
2,634 |
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$ |
445 |
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$ |
1,484 |
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$ |
2,914 |
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$ |
3,094 |
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$ |
2,649 |
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$ |
2,282 |
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Fixed charges |
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352 |
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336 |
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1,132 |
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1,037 |
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903 |
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896 |
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797 |
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Capitalized interest |
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(3) |
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(5) |
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(12) |
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(13) |
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(9) |
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(5) |
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(5) |
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Pre-tax earnings before fixed charges |
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$ |
2,983 |
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$ |
776 |
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$ |
2,604 |
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$ |
3,938 |
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$ |
3,988 |
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$ |
3,540 |
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$ |
3,074 |
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Fixed charges: |
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Interest |
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$ |
195 |
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$ |
182 |
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$ |
613 |
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$ |
535 |
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$ |
491 |
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$ |
493 |
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$ |
448 |
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Portion of rental payments deemed to be interest |
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157 |
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154 |
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519 |
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502 |
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412 |
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403 |
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349 |
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Total fixed charges |
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$ |
352 |
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$ |
336 |
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$ |
1,132 |
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$ |
1,037 |
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$ |
903 |
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$ |
896 |
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$ |
797 |
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Ratio of earnings to fixed charges |
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8.5 |
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2.3 |
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2.3 |
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3.8 |
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4.4 |
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4.0 |
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3.9 |
1