Exhibit 12.1
CA, Inc.
STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
Years Ended March 31, | Nine Months Ended | |||||||||||||||||||||||
2006 | 2007 | 2008 | 2009 | 2010 | December 31, 2010 | |||||||||||||||||||
Earnings available for fixed charges: | ||||||||||||||||||||||||
Earnings from continuing operations before income taxes, minority interest and discontinued operations | $ | 98 | $ | 130 | $ | 775 | $ | 1,065 | $ | 1,171 | $ | 934 | ||||||||||||
Add: Fixed charges | 192 | 229 | 248 | 191 | 162 | 80 | ||||||||||||||||||
Less: Minority interest in pre-tax loss of subsidiaries that have not incurred fixed charges | 1 | — | — | — | — | — | ||||||||||||||||||
Total earnings available for fixed charges | $ | 291 | $ | 359 | $ | 1,023 | $ | 1,256 | $ | 1,333 | $ | 1,014 | ||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest expense(1) | $ | 122 | $ | 153 | $ | 169 | $ | 130 | $ | 102 | $ | 52 | ||||||||||||
Interest portion of rental expense | 70 | 76 | 79 | 61 | 60 | 28 | ||||||||||||||||||
Total fixed charges | $ | 192 | $ | 229 | $ | 248 | $ | 191 | $ | 162 | $ | 80 | ||||||||||||
RATIOS OF EARNINGS TO FIXED CHARGES | 1.52 | 1.57 | 4.13 | 6.58 | 8.23 | 12.68 | ||||||||||||||||||
Deficiency of earnings to fixed charges | n/a | n/a | n/a | n/a | n/a | n/a |
(1) | Includes amortization of discount related to indebtedness |