Danaher (DHR) 10-Q 2010 Q2 Quarterly report

Exhibit 12.1

Danaher Corporation

Statement Regarding Computation of Ratio of Earnings to Fixed Charges

(In Thousands, except ratio data)

											Six Months Ended
	2005		2006		2007		2008		2009		July 2, 2010
Fixed Charges
Gross Interest Expense	$	44,540		79,375		109,702		130,174		122,656		60,225
Interest Element of Rental Expense		10,744		12,369		14,804		10,763		13,135		5,553
Interest on FIN 48 liabilities		—		—		—		—		—
Total Fixed Charges	$	55,284	$	91,744	$	124,506	$	140,937	$	135,791	$	65,778
Earnings Available for
Fixed Charges:
Earnings from Continuing Operations before income taxes	$	1,217,742		1,428,843		1,637,099		1,749,307		1,424,854		909,583
Add fixed charges		55,284		91,744		124,506		140,937		135,791		65,778
Interest on FIN 48 liabilities		—		—		—		—		—		—
Total Earnings Available for Fixed Charges	$	1,273,026	$	1,520,587	$	1,761,605	$	1,890,244	$	1,560,645	$	975,361
Ratio of Earnings to Fixed Charges		23.0		16.6		14.1		13.4		11.5		14.8

NOTE: These Ratios include Danaher Corporation and its consolidated subsidiaries. The ratio of earnings to fixed charges was computed by dividing earnings by fixed charges for the periods indicated, where “earnings” consist of (1) earnings from continuing operations before income taxes; plus (2) fixed charges, and “fixed charges” consist of (A) interest, whether expensed or capitalized, on all indebtedness, (B) amortization of premiums, discounts and capitalized expenses related to indebtedness, and (C) an interest component representing the estimated portion of rental expense that management believes is attributable to interest. Interest on FIN 48 liabilities is included in the tax provision in the Company’s Consolidated Condensed Statements of Earnings and is excluded from the computation of fixed charges.