Attached files
file | filename |
---|---|
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS - TYSON FOODS, INC. | tsn2016q4exh-321.htm |
EX-23 - CONSENT OF PRICEWATERHOUSECOOPERS LLP - TYSON FOODS, INC. | tsn2016q4exh-23.htm |
EX-21 - SUBSIDIARIES OF THE COMPANY - TYSON FOODS, INC. | tsn2016q4exh-21subsidiaries.htm |
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SEC RULE 13A-14(A - TYSON FOODS, INC. | tsn2016q4exh-312.htm |
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS - TYSON FOODS, INC. | tsn2016q4exh-322.htm |
EX-10.68 - EXHIBIT 10.68 - TYSON FOODS, INC. | tsn2016q4exh-1068.htm |
10-K - FORM 10-K - TYSON FOODS, INC. | tsn201610kq4.htm |
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SEC RULE 13A-14(A)/15D-14(A - TYSON FOODS, INC. | tsn2016q4exh-311.htm |
EXHIBIT 12.1
Ratio of Earnings to Fixed Charges
(dollars in millions) | |||||||||||||||||||
Fiscal Years | |||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
Earnings: | |||||||||||||||||||
Income from continuing operations before income taxes and equity method investment earnings | $ | 2,586 | $ | 1,908 | $ | 1,241 | $ | 1,254 | $ | 949 | |||||||||
Add: Fixed charges | 313 | 358 | 194 | 219 | 264 | ||||||||||||||
Add: Amortization of capitalized interest | 7 | 5 | 5 | 5 | 5 | ||||||||||||||
Less: Capitalized interest | (7 | ) | (10 | ) | (8 | ) | (8 | ) | (10 | ) | |||||||||
Total adjusted earnings | 2,899 | 2,261 | 1,432 | 1,470 | 1,208 | ||||||||||||||
Fixed Charges: | |||||||||||||||||||
Interest | 241 | 283 | 122 | 116 | 150 | ||||||||||||||
Capitalized interest | 7 | 10 | 8 | 8 | 10 | ||||||||||||||
Amortization of debt discount expense | 8 | 10 | 10 | 28 | 39 | ||||||||||||||
Rentals at computed interest factor (1) | 57 | 55 | 54 | 67 | 65 | ||||||||||||||
Total fixed charges | $ | 313 | $ | 358 | $ | 194 | $ | 219 | $ | 264 | |||||||||
Ratio of Earnings to Fixed Charges | 9.26 | 6.32 | 7.38 | 6.71 | 4.58 |
(1) | Amounts represent those portions of rent expense (one-third) that are reasonable approximations of interest costs. |