Attached files

file filename
8-K - FORM 8-K - REPUBLIC SERVICES, INC.d582592d8k.htm
EX-5.1 - EX-5.1 - REPUBLIC SERVICES, INC.d582592dex51.htm
EX-1.1 - EX-1.1 - REPUBLIC SERVICES, INC.d582592dex11.htm
EX-4.1 - EX-4.1 - REPUBLIC SERVICES, INC.d582592dex41.htm

Exhibit 12.1

 

     Three Months Ended     Year Ended December 31,  
     3/31/2018     12/31/2017     12/31/2016     12/31/2015     12/31/2014     12/31/2013  

Earnings:

            

Income before income taxes

   $ 310.6     $ 1,282.1     $ 965.9     $ 1,195.9     $ 885.3     $ 851.2  

Add loss from unconsolidated equity method investment

     —         27.4       6.1       —         —         —    

Add distributed income of unconsolidated equity method investment

     —         0.7       0.1       —         —         —    

Less Minority Interest

     (0.2     (0.6     (0.6     (0.5     (0.3     (0.2

Interest expense

     95.6       368.5       377.5       371.7       355.1       367.3  

Interest component of rent

     7.3       24.4       18.9       17.9       16.4       15.9  

Capitalized interest

     (0.8     (6.5     (6.2     (6.8     (6.4     (7.3
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total earnings for ratio

   $ 412.5     $ 1,696.0     $ 1,361.7     $ 1,578.2     $ 1,250.1     $ 1,226.9  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Fixed Charges:

            

Interest expense

   $ 95.6     $ 368.5     $ 377.5     $ 371.7     $ 355.1     $ 367.3  

Interest component of rent

     7.3       24.4       18.9       17.9       16.4       15.9  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total interest for ratio

   $ 102.9     $ 392.9     $ 396.4     $ 389.6     $ 371.5     $ 383.2  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges

     4.0       4.3       3.4       4.1       3.4       3.2