Exhibit 12.1
Calculation of Ratio of Earnings to Fixed Charges for FIS
(in millions)
Six Months Ended June 30 | Year Ended December 31 | |||||||||||||||||||||||||||
2015 | 2014 | 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||||||||
Earnings: | ||||||||||||||||||||||||||||
Earnings (loss) from continuing operations before income taxes and equity in earnings (losses) of unconsolidated entities | $ | 579.6 | $ | 511.1 | $ | 1,053.4 | $ | 823.5 | $ | 828.3 | $ | 723.6 | $ | 597.9 | ||||||||||||||
Fixed charges | 96.4 | 106.9 | 213.6 | 237.0 | 280.2 | 326.9 | 228.9 | |||||||||||||||||||||
Amortization of capitalized interest | 1.8 | 1.6 | 3.2 | 2.9 | 2.6 | 3.6 | 1.1 | |||||||||||||||||||||
Capitalized interest | (0.8 | ) | (0.9 | ) | (1.9 | ) | (2.3 | ) | (3.4 | ) | (6.5 | ) | (6.4 | ) | ||||||||||||||
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Total earnings (a) | $ | 677.0 | $ | 618.7 | $ | 1,268.3 | $ | 1,061.1 | $ | 1,107.7 | $ | 1,047.6 | $ | 821.5 | ||||||||||||||
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Fixed Charges: | ||||||||||||||||||||||||||||
Interest expensed | $ | 76.4 | $ | 85.9 | $ | 163.9 | $ | 188.4 | $ | 219.0 | $ | 251.3 | $ | 170.5 | ||||||||||||||
Capitalized interest | 0.8 | 0.9 | $ | 1.9 | 2.3 | 3.4 | 6.5 | 6.4 | ||||||||||||||||||||
Amortization of debt issue costs | 4.4 | 6.7 | $ | 19.7 | 19.9 | 29.4 | 38.2 | 13.7 | ||||||||||||||||||||
Interest included in rent expense | 14.8 | 13.4 | $ | 28.1 | 26.4 | 28.4 | 30.9 | 38.3 | ||||||||||||||||||||
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Total fixed charges (b) | $ | 96.4 | $ | 106.9 | $ | 213.6 | $ | 237.0 | $ | 280.2 | $ | 326.9 | $ | 228.9 | ||||||||||||||
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Ratio of earnings to fixed charges (a/b) | 7.0 | 5.8 | 5.9 | 4.5 | 4.0 | 3.2 | 3.6 |