Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
New words:
Abdiaziz, added, advance, age, anniversary, background, beneficial, beneficially, bring, chairman, Commission, director, eligible, entitled, Exhibit, fact, fluctuate, furnish, grew, hereto, ideal, led, nomination, nominee, notwithstanding, order, ordered, plurality, postponement, posture, proposal, propose, proposed, proxy, questionnaire, quorum, rapidly, rebound, rebounded, representation, restated, SEC, slight, solicit, solicitation, stockholder, strategic, stronger, submit, substantive, unpaid, version, weather, Weifang, withdrawal, written
Filing tables
Filing exhibits
Related press release
TSN similar filings
Filing view
External links
EXHIBIT 12.1
Ratio of Earnings to Fixed Charges
(dollars in millions) | Nine | ||||||||||||||||||||||
Months | |||||||||||||||||||||||
Ending | Fiscal Years | ||||||||||||||||||||||
June 29, 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||
Earnings: | |||||||||||||||||||||||
Income (loss) from continuing operations before income taxes and equity method investment earnings | $ | 873 | $ | 949 | $ | 1,066 | $ | 1,224 | $ | (541 | ) | $ | 148 | ||||||||||
Add: Fixed charges | 164 | 264 | 305 | 360 | 388 | 272 | |||||||||||||||||
Add: Amortization of capitalized interest | 4 | 5 | 4 | 3 | 4 | 4 | |||||||||||||||||
Less: Capitalized interest | (6 | ) | (10 | ) | (9 | ) | (11 | ) | (3 | ) | (3 | ) | |||||||||||
Total adjusted earnings | 1,035 | 1,208 | 1,366 | 1,576 | (152 | ) | 421 | ||||||||||||||||
Fixed Charges: | |||||||||||||||||||||||
Interest | 88 | 150 | 191 | 240 | 289 | 212 | |||||||||||||||||
Capitalized interest | 6 | 10 | 9 | 11 | 3 | 3 | |||||||||||||||||
Amortization of debt discount expense | 21 | 39 | 44 | 46 | 38 | 3 | |||||||||||||||||
Rentals at computed interest factor (1) | 49 | 65 | 61 | 63 | 58 | 54 | |||||||||||||||||
Total fixed charges | $ | 164 | $ | 264 | $ | 305 | $ | 360 | $ | 388 | $ | 272 | |||||||||||
Ratio of Earnings to Fixed Charges | 6.31 | 4.58 | 4.48 | 4.38 | 1.55 | ||||||||||||||||||
Insufficient Coverage | 540 |
(1) | Amounts represent those portions of rent expense (one-third) that are reasonable approximations of interest costs. |