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New words:
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Removed:
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Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Quarter Ended | ||||||||
October 1, | October 2, | |||||||
2010 | 2009 | |||||||
(In millions, except ratios) | ||||||||
Earnings: | ||||||||
Net income | $ | 163.9 | $ | 104.5 | ||||
Plus: Income Taxes | 87.6 | 56.3 | ||||||
Fixed charges | 20.4 | 19.8 | ||||||
Amortization of capitalized interest | — | — | ||||||
Less: Interest capitalized during the period | (0.8 | ) | (0.1 | ) | ||||
Undistributed earnings in equity investments | — | — | ||||||
$ | 271.1 | $ | 180.5 | |||||
Fixed Charges: | ||||||||
Interest expense | $ | 17.8 | $ | 18.2 | ||||
Plus: Interest capitalized during the period | 0.8 | 0.1 | ||||||
Interest portion of rental expense | 1.8 | 1.5 | ||||||
$ | 20.4 | $ | 19.8 | |||||
Ratio of Earnings to Fixed Charges | 13.29 | 9.12 |